The Fund Grade · free · no account needed

What grade does WFPRX get?

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.

C

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%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

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

Early Conviction
KEYS 3.4%TTC 1.8%AZO 1.7%+2 locked
Consensus
AEP 3.4%LH 3.2%FE 3.1%+22 locked
Emerging
Q 2.5%EMN 1.2%MLI 0.9%+2 locked
Crowded
EQT 2%TER 1.9%J 1.3%+8 locked
Fading
BKR 2.7%FITB 2.3%WY 1.6%+1 locked

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

BKR 2.7% of the fund · Fading

FITB 2.3% of the fund · Fading

EQT 2% of the fund · Crowded

TER 1.9% of the fund · Crowded

WY 1.6% of the fund · Fading

Where it's genuinely early

KEYS 3.4% of the fund · Early Conviction

Q 2.5% of the fund · Emerging

TTC 1.8% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

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