ASCE Allspring SMID Core ETF
The Allspring SMID Core ETF (ASCE) is an actively managed fund primarily focused on investing in equity securities of small and medium-sized U.S. companies, generally aligning with the constituents of the Russell 2500 Index. Up to one-fifth (20%) of its total assets may be directed towards foreign companies operating in developed markets, including American Depositary Receipts (ADRs). The fund's investment strategy integrates sophisticated quantitative analysis with in-depth qualitative evaluation. This dual approach aims to identify businesses that are believed to be undervalued and possess strong prospects for future earnings growth. The quantitative component utilizes a proprietary alpha model to systematically rank securities based on valuation metrics, financial quality, and price momentum. Conversely, the qualitative assessment delves into factors such as management capabilities, product innovation, competitive positioning, and inherent business risks. ASCE maintains a concentrated portfolio, typically comprising around 50 holdings, diversified across various key sectors. A specific ethical screen is applied, as the fund avoids investing in issuers with significant operations in the alcohol, gaming, or tobacco sectors. For liquidity purposes or during periods requiring a defensive stance, the fund may also hold cash or money market instruments, which could temporarily influence its primary investment objectives.
Performance
| 1M | 3M | YTD | 1Y | 3Y ann. | 5Y ann. | |
|---|---|---|---|---|---|---|
| ASCE | -0.9% | -6.8% | +21.9% | +28.0% | +9.7% | +5.7% |
| Small/Micro Cap Equity average (23 funds) | +1.8% | -6.4% | +14.7% | +18.8% | +16.1% | +5.1% |
Insider activity in the holdings
Open-market insider buying across this fund’s holdings over 90 days, weighted by holding weight: +$61K net.
Holdings · as of Nov 13, 2026
| # | Holding | Weight |
|---|---|---|
| 1 | EXEL Exelixis, Inc. | 3.39% |
| 2 | AMRX Amneal Pharmaceuticals, Inc. Class A | 3.28% |
| 3 | EXLS ExlService Holdings, Inc. | 2.94% |
| 4 | SN SharkNinja, Inc. | 2.87% |
| 5 | UHS Universal Health Services, Inc. Class B | 2.80% |
| 6 | EVER EverQuote, Inc. Class A | 2.51% |
| 7 | MD Pediatrix Medical Group, Inc. | 2.50% |
| 8 | SAIC Science Applications International Corp. | 2.48% |
| 9 | CHRD Chord Energy Corporation | 2.47% |
| 10 | TK Teekay Corporation Ltd | 2.43% |
| 11 | XHR Xenia Hotels & Resorts, Inc. | 2.41% |
| 12 | COCO Vita Coco Company, Inc. | 2.40% |
| 13 | VIRT Virtu Financial, Inc. Class A | 2.35% |
| 14 | AAMI Acadian Asset Management Inc. | 2.25% |
| 15 | BLBD Blue Bird Corporation | 2.25% |
| 16 | CUBI Customers Bancorp, Inc. | 2.23% |
| 17 | BILL BILL Holdings, Inc. | 2.21% |
| 18 | URBN Urban Outfitters, Inc. | 2.13% |
| 19 | NFG National Fuel Gas Company | 2.12% |
| 20 | ANF Abercrombie & Fitch Co. Class A | 2.12% |
| 21 | CTRE CareTrust REIT, Inc. | 2.09% |
| 22 | HCI HCI Group, Inc. | 2.08% |
| 23 | SKYW SkyWest, Inc | 2.01% |
| 24 | CASH Pathward Financial, Inc. | 1.96% |
| 25 | CDE Coeur Mining, Inc. | 1.89% |
| 26 | BELFB Bel Fuse Inc. Class B | 1.83% |
| 27 | PHM PulteGroup, Inc. | 1.77% |
| 28 | ARRY-US Array Technologies Inc | 1.77% |
| 29 | BNL Broadstone Net Lease, Inc. | 1.74% |
| 30 | KTB Kontoor Brands, Inc. | 1.74% |
| 31 | SMTC Semtech Corporation | 1.73% |
| 32 | SNEX StoneX Group Inc. | 1.72% |
| 33 | AX Axos Financial, Inc. | 1.71% |
| 34 | CENX Century Aluminum Company | 1.69% |
| 35 | HRMY-US Harmony Biosciences Holdings, Inc. | 1.66% |
| 36 | WLDN Willdan Group, Inc. | 1.66% |
| 37 | LNC Lincoln National Corp | 1.60% |
| 38 | OZK Bank OZK | 1.56% |
| 39 | PGY Pagaya Technologies Ltd Class A | 1.49% |
| 40 | EAT Brinker International, Inc. | 1.48% |
| 41 | ONTO Onto Innovation, Inc. | 1.43% |
| 42 | CORT Corcept Therapeutics Incorporated. | 1.38% |
| 43 | TTMI TTM Technologies, Inc. | 1.32% |
| 44 | ACAD ACADIA Pharmaceuticals Inc. | 1.26% |
| 45 | GTX Garrett Motion Inc | 1.25% |
| 46 | ECG Everus Construction Group, Inc. | 1.19% |
| 47 | ALHC Alignment Healthcare, Inc. | 1.18% |
| 48 | POWL Powell Industries, Inc. | 1.13% |
| 49 | DOCN DigitalOcean Holdings, Inc. | 1.07% |
| 50 | AMCX AMC Global Media Inc. Class A | 1.04% |
| 51 | CRS Carpenter Technology Corporation | 0.92% |
| 52 | INOD Innodata Inc. | 0.82% |
| 53 | ASCE ALLSPRING GOVT MMKT | 0.65% |
Sector breakdown
Country breakdown
Distributions
| Date | Per unit |
|---|---|
| Dec 22, 2025 | $0.0581 |
Members of Congress who disclosed this ETF
No member of Congress has disclosed a trade in ASCE in the filings we hold.
Fund facts, prices, performance and distributions: our market-data vendor. Holdings: the vendor and SEC Form N-PORT. Insider and Congress data: InsiderBuying. Last updated Nov 13, 2026. This is historical data, not investment advice. Report a data error