Liquidation: ALLSPRING FUNDS TRUST

Form Type: 485BPOS

Filing Date: 2025-02-26

Corporate Action: Liquidation

Type: Update

Accession Number: 000108140025000082

Filing Summary: This document is a Post-Effective Amendment No. 845 to the Registration Statement of Allspring Funds Trust, focusing on the Allspring Alternative Funds. It primarily aims to include audited financial statements and other non-material changes. A significant decision made by the Board of Trustees on February 10, 2025, was to approve the liquidation of the Allspring Global Long/Short Equity Fund, effective around April 7, 2025. The filing will become effective on March 1, 2025, as indicated in the document. The prospectus details various funds, their investment objectives which aim for long-term capital appreciation, and various associated risks, such as market risk and foreign investment risk. Costs related to investing in these funds, including management and operating expenses, are also outlined, along with risks specific to equity securities and foreign investments.

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Form Type: 497K

Filing Date: 2025-02-26

Corporate Action: Liquidation

Type: New

Accession Number: 000108140025000084

Filing Summary: On February 10, 2025, the Board of Trustees of Allspring Funds Trust unanimously approved the decision to liquidate the Allspring Global Long/Short Equity Fund, effective around April 7, 2025. This decision signifies the termination of the fund's operations and the proceeds will subsequently be distributed to shareholders. The fund targets long-term capital appreciation through investments, focusing on equity securities of U.S. and foreign issuers. It is noted that the fund has had fluctuations in its performance, and upcoming expenses and fees related to this liquidation are detailed within its documentation, including sales charges and expenditures for different share classes. Additional information regarding the fund can be found on their official site or by contacting them directly. The current prospectus and supplemental statement of additional information dated March 1, 2025, have been incorporated into this summary, providing further context on the fund's strategies, risks, and performance history.

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Form Type: 497

Filing Date: 2025-02-11

Corporate Action: Liquidation

Type: New

Accession Number: 000108140025000072

Filing Summary: On February 10, 2025, the Board of Trustees of Allspring Funds Trust approved the liquidation of the Allspring Global Long/Short Equity Fund. The Fund will close to new investments and additional investments from existing shareholders at the close of business on February 12, 2025, though specific retirement and intermediary plans may continue adding new participants until liquidation. The liquidation is expected after the close of business on April 7, 2025. Shareholders on the liquidation date will receive their account proceeds in complete redemption of shares. The Fund might face increased redemption activity in the lead-up to liquidation. Portfolio managers will make transactions that could impact the Fund's investment strategy and performance, potentially leading to transaction costs borne by shareholders. Any income and capital gains from portfolio liquidation may need to be distributed before the liquidation date. Shareholders are advised to consult tax advisors regarding tax implications.

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Form Type: 497K

Filing Date: 2025-02-11

Corporate Action: Liquidation

Type: New

Accession Number: 000108140025000073

Filing Summary: On February 10, 2025, the Board of Trustees of Allspring Funds Trust approved the liquidation of the Allspring Global Long/Short Equity Fund. The fund will close to new investors and additional investments from existing shareholders effective February 12, 2025, with exceptions for certain retirement plans. The liquidation is expected to be completed by April 7, 2025, at which time shareholders will receive a complete redemption of their shares. The fund will no longer be offered, and all references to it will be removed from the prospectuses and additional information following liquidation. Investors may experience increased redemption activity pre-liquidation, affecting fund performance as portfolios adjust to meet demands. Transaction costs incurred during liquidation will be indirectly borne by shareholders, who may also receive distributions of realized income and capital gains prior to the Liquidation Date. Shareholders should consult tax advisors for potential tax impacts.

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