By Joseph Branch in Portfolio Management —

Allspring Unveils Its First Foray into Active Equity ETFs

Allspring Unveils Its First Foray into Active Equity ETFs

Breaking new ground in the ETF arena, Allspring Global Investments has launched its first two active equity ETFs, marking a pivotal stride in their innovative financial offerings. The Allspring LT Large Cap Growth ETF and the Allspring Special Large Value ETF, now listed on the NYSE Arca, promise investors a dynamic blend of growth and value opportunities.

Unveiling the Allspring LT Large Cap Growth ETF

The Allspring LT Large Cap Growth ETF (AGRW) stands out by focusing on large-cap U.S. stocks with the potential to harness mispriced opportunities. Managed through a sophisticated, bottom-up approach, the fund aims for a concentrated selection of approximately 50 securities. With a strategic use of futures contracts, the intrinsic agility of AGRW becomes evident.

According to ETF Database, these strategic movements align with management’s in-house valuation methodology, ensuring a near-seamless integration of financial acumen with market intuition.

The Artistic Approach of Value Investing

On the other side of the spectrum is the Allspring Special Large Value ETF (ASLV), an ode to classic value investing. With a diligent eye on high-quality companies that are undervalued relative to their intrinsic worth, ASLV managers execute a diversified approach by allocating up to 20% of their portfolio to international equities.

Co-managed by seasoned experts James M. Tringas, Bryant VanCronkhite, and Shane Zweck, ASLV emphasizes sturdiness and operational flexibility, key drivers for sustainable value generation.

Both AGRW and ASLV are strategically poised during a period of shifting market dynamics, where the dominance of large technologies fades, making way for diversified, actively managed portfolios. These offerings cater to financial advisors and asset managers eager to diversify investments beyond conventionally passive securities.

Global Head of Product Development and Innovation Rick Genoni articulates the timeliness of these ETFs, suggesting they are tailor-made for this evolving investment climate.

A Growing Influence in the ETF Scene

These ETF introductions are not products in isolation but part of Allspring’s methodical expansion in the ETF market—a journey that began with three fixed-income ETFs in December 2024. With nearly $590 million in ETF assets under management, Allspring’s ambition in the ETF domain is palpable and promising.

Prepare for a future where Allspring’s active equity ETFs set new standards in engaging and adaptive investing, catering to the discerning investor’s quest for value and growth across diverse market conditions.