The Fund Grade · free · no account needed
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
Allspring Special Mid Cap Value R6
#267 of 500 graded active funds · value · mid segment peer group
The point · specialist footprint
WFPRX puts less of its book behind proven specialists than 82% of graded funds.
● Bottom 20%
Bottom 40%
Middle
Top 40%
Top 20%
That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.
10,000+ funds tracked · the graded specialists among them drive every read
3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
WFPRX vs the Honor Roll · share card ↗Conviction exposure
4.6%
of the book in specialist-converged names
Late-stage weight
21.2%
of the book in Crowded or Fading names
Active share
94.9%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
WFPRX earns a C grade, ranking 267 of 500, with specialist backing at just 4.6 percent, well below what you want to see. Over a fifth of the portfolio sits in late-stage, crowded positions like FirstEnergy, Republic Services, and Qorvo, where specialists are leaving. The brighter spots are AWK, VMC, and FCX, all at Early Conviction, but they are small weights against a lot of crowded noise.
→ Watch the combined 12.2 percent weight in FE, RSG, Q, EQT, and L closely, as specialists are actively leaving those crowded trades.
→ Three higher graded funds exist in this same segment, and Allspring has better graded options in its own family worth comparing before staying put.
Support leaving these positions
Same family, higher grade
Read from today's disclosed book. Evidence, not advice.