Allspring SMID Core ETF
ASCE
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1415 Vantage Park Drive, 3rd Floor Charlotte NC United States of America 28203
- IPO Date
- Jul 8, 2025
- Website
- allspringglobal.com
- Similar Companies
- Business
- Allspring Exchange-Traded Funds Trust (the Trust) is a Delaware statutory trust and open-end management investment company registered under the Investment Company Act of 1940 that offers investors shares in diversified exchange-traded funds (ETFs) through series portfolios, including the Allspring SMID Core ETF (ticker: ASCE). The Trust's core offerings encompass actively managed equity and fixed income ETFs focused on long-term capital appreciation and income generation; specific strategies include large-cap core equity exposure via the Allspring LT Large Core ETF (ALRG), small- and mid-cap blend equities emphasizing companies with attractive momentum and valuations via ASCE, and ultra-short duration municipal securities for tax-exempt income via the Allspring Ultra Short Municipal ETF (AUSM), among others such as the Allspring Core Plus ETF (APLU). ASCE, classified in the Morningstar Small Blend category, primarily invests in U.S. small- and mid-cap stocks across sectors like financial services, technology, industrials, healthcare, and consumer cyclical, with top holdings including Fabrinet, Carpenter Technology Corp., Powell Industries Inc., Credo Technology Group Holding Ltd., and Teekay Corp Ltd.; the fund maintains a net expense ratio of 0.38%, daily pricing, and total net assets of approximately $35.42 million. The Trust operates domestically in the United States, with shares available for sale to U.S. investors through principal listing exchanges such as NYSE Arca, Inc., and is managed by Allspring Funds Management, LLC, an affiliate of Allspring Global Investments, which provides investment advisory services utilizing proprietary strategies evolved across market cycles. In a major recent expansion during July 2025, Allspring Global Investments launched ASCE alongside two new actively managed ETFs—ALRG and AUSM—broadening the Trust's lineup to eight U.S.-listed ETFs and introducing tactical small/mid-cap equity exposure with a focus on momentum and valuation discipline under portfolio managers Vincent Fioramonti and John Campbell, who commenced oversight on the launch date of July 7, 2025. ASCE commenced operations on that date, achieving net assets of $23.25 million by September 30, 2025, through an initial period marked by net realized gains on investments and in-kind redemptions. No significant acquisitions, funding rounds, partnerships, or reorganizations for the Trust or ASCE have been reported in the last 1-2 years beyond this launch.