Allspring Growth Fund Q2 2026 Performance Update

Allspring Growth Fund outperformed the Russell 3000 Growth Index during the quarter, signaling relative strength in the growth sleeve. Sandisk is described as benefiting from an “AI storage super-cycle,” supporting the AI-adjacent tech/semis narrative. In contrast, Cencora’s inability to distribute in a “risk-on” market points to pockets of weaker demand and underwriting/placement risk, adding a mildly negative offset to the overall tone.

Analysis

Allspring Growth Fund outperformed the Russell 3000 Growth Index during the quarter, signaling relative strength in the growth sleeve. Sandisk is described as benefiting from an “AI storage super-cycle,” supporting the AI-adjacent tech/semis narrative. In contrast, Cencora’s inability to distribute in a “risk-on” market points to pockets of weaker demand and underwriting/placement risk, adding a mildly negative offset to the overall tone.