Allspring SMID Core ETF

Allspring SMID Core ETF is an actively managed exchange-traded fund that focuses on small- and mid-cap U.S. companies. The fund seeks long-term capital appreciation by building a diversified portfolio of equities selected for earnings strength and attractive valuations. It primarily holds common stocks and may also include a limited allocation to foreign issuers in developed markets. Allspring SMID Core ETF is designed to capture opportunities across the U.S. extended-market segment, giving investors exposure to a broad mix of industries such as industrials, financials, healthcare, technology, consumer discretionary, and energy. The portfolio typically includes companies with varied business models, ranging from specialized manufacturers and financial services firms to healthcare providers and software businesses. As a core SMID-cap strategy, Allspring SMID Core ETF plays a role as a diversified equity vehicle for accessing smaller public companies that can be less represented in large-cap benchmarks.