Allspring C&B Large Cap Value Fund
CBECX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Allspring C&B Large Cap Value Fund (CBECX) is an open-end mutual fund that seeks maximum long-term total return, consisting of current income and capital appreciation, consistent with minimizing risk to principal. The Fund, a feeder fund, invests substantially all of its assets in the Large Cap Value Portfolio, a master portfolio; it focuses on equity securities of approximately 30 to 50 large-capitalization companies within the market capitalization range of the Russell 1000 Index (approximately $477.59 million to $3.38 trillion as of July 31, 2024), selected for undervaluation, favorable reward-to-risk ratios, durable asset bases, strong balance sheets, and sustainable cash flows; typical holdings include stocks of companies out of favor or undergoing corporate actions for potential price appreciation, with sector emphases in financial services, industrials, healthcare, technology, and consumer defensive; up to 20% of assets may be allocated to foreign issuers via ADRs and similar investments; as of recent data, net assets approximate $151 million to $159 million across share classes, with a portfolio turnover rate of 98%. CBECX offers multiple share classes, including Class C (ticker: CBECX, with a net expense ratio of 1.57% after waivers through August 31, 2025), Class A (CBEAX, 0.82% after waivers), Institutional Class (CBLSX, approximately 0.50% after waivers), Administrator Class (0.75% after waivers), and Class R6 (CBEJX, 0.40% after waivers); management fees are 0.70%, with contractual expense caps excluding brokerage commissions, interest, taxes, and extraordinary expenses; minimum initial investments vary by class and account type, such as $1,000 for regular Class A/C accounts and no minimum for certain retirement plans; the Fund is available primarily to U.S. investors through intermediaries, retirement plans, and institutional channels. Launched on July 26, 2004 and domiciled in the United States, the Fund operates under Allspring Funds Management, LLC (manager) and Allspring Global Investments, LLC (sub-adviser to the master portfolio), with a portfolio management team comprising James M. Tringas, CFA (since 2024), Bryant VanCronkhite, CFA, CPA (since 2024), and Shane Zweck, CFA (since 2024); Allspring Global Investments is headquartered in Charlotte, North Carolina. In March 2024, the Fund underwent a sub-adviser transition from Cooke & Bieler to Allspring Global Investments, LLC, alongside a name change from Allspring C&B Large Cap Value Fund to Allspring Large Cap Value Fund, modifications to its principal investment strategy and process to emphasize large-cap value securities, and alignment with Allspring's Special Large Cap Value Fund strategy; expense caps were lowered through September 30, 2024 across share classes; effective June 1, 2025, the advisory fee for the master portfolio changed; on or about August 8, 2025, the Fund will collapse its master-feeder structure to invest directly in securities, removing master portfolio references.