Allspring LT Large Growth ETF (AGRW) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing principally in equity securities of large-capitalization U.S. growth companies exhibiting fundamentally superior characteristics, including long-term top- and bottom-line growth potential, unique and resilient competitive advantages, outsized market share, and high barriers to entry. The fund targets exceptional companies with superior growth prospects, with top holdings typically including leading technology and consumer discretionary firms such as NVIDIA Corp, Microsoft Corp, Apple Inc, Amazon.com Inc, and Alphabet Inc; it is benchmarked against the Russell 1000 Growth Index. AGRW forms part of Allspring Global Investments' suite of actively managed equity ETFs, which cater to institutional and retail investors seeking differentiated exposure to U.S. large-cap growth strategies.
Launched on March 26, 2025, and listed on NYSE Arca, AGRW represents the conversion of Allspring's existing LT Large Growth strategy—a long-standing active growth approach with a proven track record—into an ETF wrapper to provide enhanced accessibility and liquidity. Allspring Global Investments, headquartered in Charlotte, North Carolina, spun off from Wells Fargo Asset Management in November 2021 and manages approximately $605 billion in assets under advisement across equity, fixed income, multi-asset, and alternative strategies. In July 2025, Allspring expanded its ETF lineup with the launch of three additional actively managed funds: Allspring LT Large Core ETF (ALRG), Allspring SMID Core ETF (ASCE), and Allspring Ultra Short Municipal ETF (AUSM), all based on proven strategies with track records of 10 to nearly 25 years. The firm operates globally, serving diverse clients including pension plans, insurance companies, and investment companies primarily in the United States.