ASCE – Allspring SMID Core ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. Under normal circumstances, the fund invests at least 80% of the fund’s net assets plus borrowing for investment purposes in equity securities of small- and medium-capitalization U.S. companies; and up to 20% of the fund’s total assets in equity securities of foreign issuers in developed markets including through American depositary receipts (ADRs) and similar investments.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
ASCE	Allspring SMID Core ETF	ETF	Open	—		Jul 7, 2025	$210.79M	0.380%	—	—	$165.40M

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