# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-039687
**Filing Date:** 2023-2
**Character Count:** 105077
**Document Hash:** 8d6fe20eccb36f714983eb97f46ea8dc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-039687.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-039687

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230224

**DATE AS OF CHANGE**: 20230224

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 23665926

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4225

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Special Small Cap Value Fund (Series ID: S000029108)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000089488 | Class A             | ESPAX           |
| C000089490 | Class C             | ESPCX           |
| C000089491 | Administrator Class | ESPIX           |
| C000092810 | Institutional Class | ESPNX           |
| C000150670 | Class R6            | ESPRX           |
| C000163730 | Class R             | ESPHX           |

## Nport-Ex

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Common stocks: 96.13%** |  |  |
| &nbsp;&nbsp;**Communication services: 0.51%** |  |  |
| &nbsp;&nbsp;**Diversified telecommunication services: 0.12%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AST Spacemobile Incorporated †« | &nbsp;&nbsp;&nbsp; 1224622 | &nbsp;&nbsp;**$5902678** |
| &nbsp;&nbsp;**Media: 0.39%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DallasNews Corporation Class A ♠ | &nbsp;&nbsp;&nbsp; 436597 | &nbsp;&nbsp;&nbsp;&nbsp; 1676532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Thryv Holdings Incorporated † | &nbsp;&nbsp;&nbsp; 931700 | &nbsp;&nbsp;&nbsp;&nbsp; 17702300 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **19378832** |
| &nbsp;&nbsp;**Consumer discretionary: 5.57%** |  |  |
| &nbsp;&nbsp;**Auto components: 0.25%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Holley Incorporated † | &nbsp;&nbsp;&nbsp; 5500000 | &nbsp;&nbsp;&nbsp;&nbsp; 11660000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Holley Incorporated †« | &nbsp;&nbsp;&nbsp; 436205 | &nbsp;&nbsp;&nbsp;&nbsp; 924755 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **12584755** |
| &nbsp;&nbsp;**Hotels, restaurants & leisure: 3.12%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denny's Corporation ♠† | &nbsp;&nbsp;&nbsp; 4611412 | &nbsp;&nbsp;&nbsp;&nbsp; 42471105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dine Brands Global Incorporated ♠ | &nbsp;&nbsp;&nbsp; 954743 | &nbsp;&nbsp;&nbsp;&nbsp; 61676398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jack In The Box Incorporated | &nbsp;&nbsp;&nbsp; 736361 | &nbsp;&nbsp;&nbsp;&nbsp; 50241911 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **154389414** |
| &nbsp;&nbsp;**Household durables: 1.26%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Helen of Troy Limited ## | &nbsp;&nbsp;&nbsp; 512541 | &nbsp;&nbsp;&nbsp;&nbsp; 56845922 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tupperware Brands Corporation ♠† | &nbsp;&nbsp;&nbsp; 1313437 | &nbsp;&nbsp;&nbsp;&nbsp; 5437629 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **62283551** |
| &nbsp;&nbsp;**Multiline retail: 0.21%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franchise Group Incorporated « | &nbsp;&nbsp;&nbsp; 440821 | &nbsp;&nbsp;&nbsp;&nbsp; **10500356** |
| &nbsp;&nbsp;**Specialty retail: 0.04%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Urban Outfitters Incorporated †## | &nbsp;&nbsp;&nbsp;81200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1936620** |
| &nbsp;&nbsp;**Textiles, apparel & luxury goods: 0.69%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Apparel Incorporated ♠ | &nbsp;&nbsp;&nbsp;602202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6389363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Levi Strauss & Company Class A | &nbsp;&nbsp;&nbsp;227875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3536620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Steven Madden Limited | &nbsp;&nbsp;&nbsp;757800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24219288 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**34145271** |
| &nbsp;&nbsp;**Consumer staples: 9.17%** |  |  |
| &nbsp;&nbsp;**Beverages: 0.97%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Primo Water Corporation | &nbsp;&nbsp;&nbsp;3078389 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**47838165** |
| &nbsp;&nbsp;**Food products: 4.69%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J & J Snack Foods Corporation ♠ | &nbsp;&nbsp;&nbsp;996808 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;149232126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nomad Foods Limited † | &nbsp;&nbsp;&nbsp;3417628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58919907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tootsie Roll Industries Incorporated | &nbsp;&nbsp;&nbsp;567440 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24155921 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**232307954** |
| &nbsp;&nbsp;**Household products: 3.51%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Garden & Pet Company ♠ | &nbsp;&nbsp;&nbsp;813322 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30458909 |

---

See accompanying notes to portfolio of investments

------

Allspring Special Small Cap Value Fund \| 1

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Household products (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Garden & Pet Company Class A † | &nbsp;&nbsp;&nbsp; 1322751 | &nbsp;&nbsp;$47354486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Spectrum Brands Holdings Incorporated | &nbsp;&nbsp;&nbsp; 1578594 | &nbsp;&nbsp;&nbsp;&nbsp; 96167946 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **173981341** |
| &nbsp;&nbsp;**Energy: 7.24%** |  |  |
| &nbsp;&nbsp;**Energy equipment & services: 2.25%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Forum Energy Technologies Incorporated † | &nbsp;&nbsp;&nbsp; 181844 | &nbsp;&nbsp;&nbsp;&nbsp; 5364398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Liberty Oilfield Services Class A | &nbsp;&nbsp;&nbsp; 1621971 | &nbsp;&nbsp;&nbsp;&nbsp; 25967756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patterson-UTI Energy Incorporated | &nbsp;&nbsp;&nbsp; 4746548 | &nbsp;&nbsp;&nbsp;&nbsp; 79931868 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **111264022** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 4.99%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alto Ingredients Incorporated † | &nbsp;&nbsp;&nbsp; 1982588 | &nbsp;&nbsp;&nbsp;&nbsp; 5709853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Berry Corporation | &nbsp;&nbsp;&nbsp; 2149686 | &nbsp;&nbsp;&nbsp;&nbsp; 17197488 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Callon Petroleum Company † | &nbsp;&nbsp;&nbsp; 499230 | &nbsp;&nbsp;&nbsp;&nbsp; 18516441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chord Energy Corporation | &nbsp;&nbsp;&nbsp; 372612 | &nbsp;&nbsp;&nbsp;&nbsp; 50977048 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Magnolia Oil & Gas Corporation Class A | &nbsp;&nbsp;&nbsp; 2464100 | &nbsp;&nbsp;&nbsp;&nbsp; 57783145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nordic American Tankers Limited « | &nbsp;&nbsp;&nbsp; 3439011 | &nbsp;&nbsp;&nbsp;&nbsp; 10523374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Northern Oil and Gas Incorporated | &nbsp;&nbsp;&nbsp; 919410 | &nbsp;&nbsp;&nbsp;&nbsp; 28336216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southwestern Energy Company | &nbsp;&nbsp;&nbsp; 9989280 | &nbsp;&nbsp;&nbsp;&nbsp; 58437288 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **247480853** |
| &nbsp;&nbsp;**Financials: 17.34%** |  |  |
| &nbsp;&nbsp;**Banks: 7.17%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Associated Banc Corporation | &nbsp;&nbsp;&nbsp; 1879456 | &nbsp;&nbsp;&nbsp;&nbsp; 43396639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CVB Financial Corporation | &nbsp;&nbsp;&nbsp; 549900 | &nbsp;&nbsp;&nbsp;&nbsp; 14159925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;First Hawaiian Incorporated | &nbsp;&nbsp;&nbsp;1007658 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26239414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hancock Whitney Corporation | &nbsp;&nbsp;&nbsp;1145881 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55449182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Renasant Corporation | &nbsp;&nbsp;&nbsp;1132774 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42580975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;South State Corporation | &nbsp;&nbsp;&nbsp;667518 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50971674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UMB Financial Corporation | &nbsp;&nbsp;&nbsp;1467049 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;122527932 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**355325741** |
| &nbsp;&nbsp;**Capital markets: 1.17%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Investment Corporation | &nbsp;&nbsp;&nbsp;1873186 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21354320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capitol Investment Corporation V | &nbsp;&nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;566125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glassbridge Enterprises Incorporated ♠« | &nbsp;&nbsp;&nbsp;1527 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New Mountain Finance Corporation | &nbsp;&nbsp;&nbsp;2515550 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31117353 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pershing Square Escrow Shares ♦† | &nbsp;&nbsp;&nbsp;1415995 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westwood Holdings Group Incorporated ♠ | &nbsp;&nbsp;&nbsp;446683 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4973235 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**58058371** |
| &nbsp;&nbsp;**Diversified financial services: 0.91%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jackson Financial Incorporation Class A | &nbsp;&nbsp;&nbsp;1287493 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**44791881** |
| &nbsp;&nbsp;**Insurance: 5.06%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CNO Financial Group Incorporated | &nbsp;&nbsp;&nbsp;216492 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4946842 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enstar Group Limited | &nbsp;&nbsp;&nbsp;327202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75596750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;National Western Life Group Class A | &nbsp;&nbsp;&nbsp;68077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19129637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ProAssurance Corporation | &nbsp;&nbsp;&nbsp;1230100 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21489847 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stewart Information Services Corporation | &nbsp;&nbsp;&nbsp;1342702 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;57373656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Hanover Insurance Group Incorporated | &nbsp;&nbsp;&nbsp;534677 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;72250903 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**250787635** |

---

See accompanying notes to portfolio of investments

------

2 \| Allspring Special Small Cap Value Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Mortgage REITs: 3.03%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AGNC Investment Corporation | &nbsp;&nbsp;&nbsp; 4162300 | &nbsp;&nbsp;$43079805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Apollo Commercial Real Estate Finance Incorporated | &nbsp;&nbsp;&nbsp; 2429190 | &nbsp;&nbsp;&nbsp;&nbsp; 26138084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York Mortgage Trust Incorporated | &nbsp;&nbsp;&nbsp; 11871706 | &nbsp;&nbsp;&nbsp;&nbsp; 30391567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Two Harbors Investment Corporation « | &nbsp;&nbsp;&nbsp; 3190799 | &nbsp;&nbsp;&nbsp;&nbsp; 50318900 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **149928356** |
| &nbsp;&nbsp;**Health care: 4.90%** |  |  |
| &nbsp;&nbsp;**Health care equipment & supplies: 1.10%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enovis Corporation | &nbsp;&nbsp;&nbsp; 367700 | &nbsp;&nbsp;&nbsp;&nbsp; 19679304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Varex Imaging Corporation † | &nbsp;&nbsp;&nbsp; 1702789 | &nbsp;&nbsp;&nbsp;&nbsp; 34566617 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **54245921** |
| &nbsp;&nbsp;**Health care providers & services: 1.64%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Owens & Minor Incorporated | &nbsp;&nbsp;&nbsp; 1243834 | &nbsp;&nbsp;&nbsp;&nbsp; 24292078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Patterson Companies Incorporated | &nbsp;&nbsp;&nbsp; 1153700 | &nbsp;&nbsp;&nbsp;&nbsp; 32338211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Premier Incorporated Class A | &nbsp;&nbsp;&nbsp; 703237 | &nbsp;&nbsp;&nbsp;&nbsp; 24599230 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **81229519** |
| &nbsp;&nbsp;**Life sciences tools & services: 0.90%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Azenta Incorporated † | &nbsp;&nbsp;&nbsp; 768441 | &nbsp;&nbsp;&nbsp;&nbsp; **44738635** |
| &nbsp;&nbsp;**Pharmaceuticals: 1.26%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Perrigo Company plc | &nbsp;&nbsp;&nbsp; 525451 | &nbsp;&nbsp;&nbsp;&nbsp; 17912625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prestige Consumer Healthcare Incorporated | &nbsp;&nbsp;&nbsp; 713726 | &nbsp;&nbsp;&nbsp;&nbsp; 44679248 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **62591873** |
| &nbsp;&nbsp;**Industrials: 28.76%** |  |  |
| &nbsp;&nbsp;**Aerospace & defense: 0.65%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Parsons Corporation | &nbsp;&nbsp;&nbsp;701016 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**32421990** |
| &nbsp;&nbsp;**Air freight & logistics: 0.35%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GXO Logistics Incorporated † | &nbsp;&nbsp;&nbsp;400657 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**17104047** |
| &nbsp;&nbsp;**Building products: 7.17%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSW Industrials Incorporated ♠ | &nbsp;&nbsp;&nbsp;869081 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100752560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Griffon Corporation | &nbsp;&nbsp;&nbsp;1472310 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52693975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Janus International Group Incorporated † | &nbsp;&nbsp;&nbsp;2443102 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23258331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JELD-WEN Holding Incorporated † | &nbsp;&nbsp;&nbsp;702421 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6778363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quanex Building Products Corporation ♠ | &nbsp;&nbsp;&nbsp;2780780 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;65848870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simpson Manufacturing Company Incorporated | &nbsp;&nbsp;&nbsp;665967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59044634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UFP Industries Incorporated | &nbsp;&nbsp;&nbsp;588459 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46635376 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**355012109** |
| &nbsp;&nbsp;**Commercial services & supplies: 2.24%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ACCO Brands Corporation | &nbsp;&nbsp;&nbsp;3845700 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21497463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Custom Truck One Source Incorporated | &nbsp;&nbsp;&nbsp;3475000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21962000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ennis Incorporated ♠ | &nbsp;&nbsp;&nbsp;1253422 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27775832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Harsco Corporation | &nbsp;&nbsp;&nbsp;1095631 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6891519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Matthews International Corporation Class A | &nbsp;&nbsp;&nbsp;227800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6934232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viad Corporation ♠ | &nbsp;&nbsp;&nbsp;1069898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26094812 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**111155858** |
| &nbsp;&nbsp;**Construction & engineering: 1.29%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;APi Group Corporation † | &nbsp;&nbsp;&nbsp;3387467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**63718254** |

---

See accompanying notes to portfolio of investments

------

Allspring Special Small Cap Value Fund \| 3

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Electrical equipment: 1.30%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atkore Incorporated †## | &nbsp;&nbsp;&nbsp; 489509 | &nbsp;&nbsp;$55520111 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Babcock & Wilcox Enterprises Incorporated † | &nbsp;&nbsp;&nbsp; 1525800 | &nbsp;&nbsp;&nbsp;&nbsp; 8803866 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **64323977** |
| &nbsp;&nbsp;**Machinery: 11.79%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alamo Group Incorporated | &nbsp;&nbsp;&nbsp; 215349 | &nbsp;&nbsp;&nbsp;&nbsp; 30493418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Columbus McKinnon Corporation | &nbsp;&nbsp;&nbsp; 963117 | &nbsp;&nbsp;&nbsp;&nbsp; 31272409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Douglas Dynamics Incorporated ♠ | &nbsp;&nbsp;&nbsp; 1868021 | &nbsp;&nbsp;&nbsp;&nbsp; 67547639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Franklin Electric Company Incorporated | &nbsp;&nbsp;&nbsp; 1709069 | &nbsp;&nbsp;&nbsp;&nbsp; 136298253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hillenbrand Incorporated | &nbsp;&nbsp;&nbsp; 674157 | &nbsp;&nbsp;&nbsp;&nbsp; 28766279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hillman Group Incorporated | &nbsp;&nbsp;&nbsp; 3622900 | &nbsp;&nbsp;&nbsp;&nbsp; 26121109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hillman Solutions Corporation † | &nbsp;&nbsp;&nbsp; 2378762 | &nbsp;&nbsp;&nbsp;&nbsp; 17150874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kadant Incorporated | &nbsp;&nbsp;&nbsp; 309589 | &nbsp;&nbsp;&nbsp;&nbsp; 54992294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mayville Engineering Company Incorporated ♠† | &nbsp;&nbsp;&nbsp; 1614424 | &nbsp;&nbsp;&nbsp;&nbsp; 20438608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mueller Industries Incorporated ♠ | &nbsp;&nbsp;&nbsp; 2877646 | &nbsp;&nbsp;&nbsp;&nbsp; 169781114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NN Incorporated | &nbsp;&nbsp;&nbsp; 878098 | &nbsp;&nbsp;&nbsp;&nbsp; 1317147 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **584179144** |
| &nbsp;&nbsp;**Professional services: 2.23%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CBIZ Incorporated † | &nbsp;&nbsp;&nbsp; 1195761 | &nbsp;&nbsp;&nbsp;&nbsp; 56021403 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Korn Ferry International | &nbsp;&nbsp;&nbsp; 1071937 | &nbsp;&nbsp;&nbsp;&nbsp; 54261451 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **110282854** |
| &nbsp;&nbsp;**Road & rail: 0.80%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Werner Enterprises Incorporated | &nbsp;&nbsp;&nbsp; 986889 | &nbsp;&nbsp;&nbsp;&nbsp; **39732151** |
| &nbsp;&nbsp;**Trading companies & distributors: 0.94%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Lease Corporation | &nbsp;&nbsp;&nbsp;991800 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38104956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Custom Truck One Source Incorporated †« | &nbsp;&nbsp;&nbsp;1350793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8537012 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**46641968** |
| &nbsp;&nbsp;**Information technology: 4.81%** |  |  |
| &nbsp;&nbsp;**Electronic equipment, instruments & components: 1.70%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Belden Incorporated | &nbsp;&nbsp;&nbsp;1171293 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**84215967** |
| &nbsp;&nbsp;**IT services: 2.68%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Concentrix Corporation | &nbsp;&nbsp;&nbsp;169200 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;22530672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Euronet Worldwide Incorporated † | &nbsp;&nbsp;&nbsp;144300 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13619034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Global Blue Group Holding AG | &nbsp;&nbsp;&nbsp;4536904 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21005866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Kyndryl Holdings Incorporated | &nbsp;&nbsp;&nbsp;2988589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33233110 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maximus Incorporated | &nbsp;&nbsp;&nbsp;579400 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42487402 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**132876084** |
| &nbsp;&nbsp;**Software: 0.43%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;E2open Parent Holding Incorporated † | &nbsp;&nbsp;&nbsp;3199396 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18780455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Synchronoss Technologies Incorporated | &nbsp;&nbsp;&nbsp;4327500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2674828 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**21455283** |
| &nbsp;&nbsp;**Materials: 16.53%** |  |  |
| &nbsp;&nbsp;**Chemicals: 8.78%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Avient Corporation ## | &nbsp;&nbsp;&nbsp;3343181 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112865791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Diversey Holdings Limited | &nbsp;&nbsp;&nbsp;2011760 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8570098 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ecovyst Incorporated | &nbsp;&nbsp;&nbsp;3943314 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34937762 |

---

See accompanying notes to portfolio of investments

------

4 \| Allspring Special Small Cap Value Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Chemicals (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Element Solutions Incorporated | &nbsp;&nbsp;&nbsp; 525792 | &nbsp;&nbsp;$9564156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Innospec Incorporated ♠ | &nbsp;&nbsp;&nbsp; 1724194 | &nbsp;&nbsp;&nbsp;&nbsp; 177350595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Minerals Technologies Incorporated | &nbsp;&nbsp;&nbsp; 238756 | &nbsp;&nbsp;&nbsp;&nbsp; 14497264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NewMarket Corporation | &nbsp;&nbsp;&nbsp; 248893 | &nbsp;&nbsp;&nbsp;&nbsp; 77433101 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **435218767** |
| &nbsp;&nbsp;**Construction materials: 2.84%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eagle Materials Incorporated | &nbsp;&nbsp;&nbsp; 1057801 | &nbsp;&nbsp;&nbsp;&nbsp; **140528863** |
| &nbsp;&nbsp;**Containers & packaging: 3.52%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Myers Industries Incorporated | &nbsp;&nbsp;&nbsp; 1677760 | &nbsp;&nbsp;&nbsp;&nbsp; 37296605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Silgan Holdings Incorporated | &nbsp;&nbsp;&nbsp; 1492165 | &nbsp;&nbsp;&nbsp;&nbsp; 77353834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimas Corporation ♠ | &nbsp;&nbsp;&nbsp; 2153463 | &nbsp;&nbsp;&nbsp;&nbsp; 59737064 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; **174387503** |
| &nbsp;&nbsp;**Paper & forest products: 1.39%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings Inc ♠ | &nbsp;&nbsp;&nbsp; 3289122 | &nbsp;&nbsp;&nbsp;&nbsp; **68742650** |
| &nbsp;&nbsp;**Real estate: 0.52%** |  |  |
| &nbsp;&nbsp;**Equity REITs: 0.52%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Washington REIT | &nbsp;&nbsp;&nbsp; 1442410 | &nbsp;&nbsp;&nbsp;&nbsp; **25674898** |
| &nbsp;&nbsp;**Utilities: 0.78%** |  |  |
| &nbsp;&nbsp;**Electric utilities: 0.78%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Electric Industries Incorporated | &nbsp;&nbsp;&nbsp; 928664 | &nbsp;&nbsp;&nbsp;&nbsp; **38864588** |
| &nbsp;&nbsp;**Total Common stocks (Cost $4,348,392,420)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**4762228699** |

---

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Investment companies: 0.40%** |  |  |
| &nbsp;&nbsp;**Exchange-traded funds: 0.40%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;iShares Russell 2000 Index ETF | &nbsp;&nbsp;&nbsp; 112575 | &nbsp;&nbsp;&nbsp;&nbsp; **19628577** |
| &nbsp;&nbsp;**Total Investment companies (Cost $18,936,623)** |  | &nbsp;&nbsp;&nbsp;&nbsp; **19628577** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** |  |  |
| &nbsp;&nbsp;**Short-term investments: 3.73%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 3.73%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞ |  | 4.09% | &nbsp;&nbsp;&nbsp;165099539 | &nbsp;&nbsp;&nbsp;&nbsp; 165099539 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC ♠∩∞ |  | 4.36 | &nbsp;&nbsp;&nbsp; 19863070 | &nbsp;&nbsp;&nbsp;&nbsp; 19863070 |
| &nbsp;&nbsp;**Total Short-term investments (Cost $184,961,874)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **184962609** |
| &nbsp;&nbsp;**Total investments in securities (Cost $4,552,290,917)** | 100.26% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;4966819885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;(0.26) |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (13037230) |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$4953782655** |

---

See accompanying notes to portfolio of investments

------

Allspring Special Small Cap Value Fund \| 5

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| |
|:---|
| Non-income-earning security |
| The security is fair valued in accordance with Allspring Funds Management's valuation procedures, as the Board-designated valuation designee. |
| All or a portion of this security is on loan. |
| The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| The investment is a non-registered investment company purchased with cash collateral received from securities on loan. |
| The rate represents the 7-day annualized yield at period end. |
| All or a portion of this security is segregated as collateral for investments in derivative instruments. |

---

Abbreviations: <br> REIT Real estate investment trust

#### Investments in affiliates
An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value,<br> beginning of<br> period** | &nbsp;&nbsp;**Purchases** | &nbsp;&nbsp;**Sales<br> proceeds** | &nbsp;&nbsp;**Net<br> realized<br> gains<br> (losses)** | &nbsp;&nbsp;**Net<br> change in<br> unrealized<br> gains<br> (losses)** | &nbsp;&nbsp;**Value,<br> end of<br> period** | &nbsp;&nbsp;**Shares,<br> end<br> of period** | &nbsp;&nbsp;**Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;&nbsp;**Common Stocks** | &nbsp;&nbsp;&nbsp;**Common Stocks** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Central Garden & Pet Company | $35722863 | &nbsp;&nbsp;$29713 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$(5293667) | &nbsp;&nbsp;$30458909 | &nbsp;&nbsp; 813322 | &nbsp;&nbsp;$0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CSW Industrials Incorporated | &nbsp;&nbsp;&nbsp;100337313 | &nbsp;&nbsp;&nbsp;&nbsp; 1817687 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; (1402440) | &nbsp;&nbsp;&nbsp;&nbsp; 100752560 | &nbsp;&nbsp; 869081 | &nbsp;&nbsp;&nbsp;&nbsp; 439797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DallasNews Corporation Class A | &nbsp;&nbsp;&nbsp; 3757683 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; (850593) | &nbsp;&nbsp;&nbsp;&nbsp; (2637121) | &nbsp;&nbsp;&nbsp;&nbsp; 1406563 | &nbsp;&nbsp;&nbsp;&nbsp; 1676532 | &nbsp;&nbsp; 436597 | &nbsp;&nbsp;&nbsp;&nbsp; 897518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delta Apparel Incorporated | &nbsp;&nbsp;&nbsp; 17924703 | &nbsp;&nbsp;&nbsp;&nbsp; 13759 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; (11549099) | &nbsp;&nbsp;&nbsp;&nbsp; 6389363 | &nbsp;&nbsp; 602202 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Denny's Corporation<sup>†</sup> | &nbsp;&nbsp;&nbsp; 64584064 | &nbsp;&nbsp;&nbsp;&nbsp; 1219638 | &nbsp;&nbsp;&nbsp;&nbsp; (60747) | &nbsp;&nbsp;&nbsp;&nbsp; (22938) | &nbsp;&nbsp;&nbsp;&nbsp; (23248912) | &nbsp;&nbsp;&nbsp;&nbsp; 42471105 | &nbsp;&nbsp; 4611412 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dine Brands Global Incorporated | &nbsp;&nbsp;&nbsp; 81172687 | &nbsp;&nbsp;&nbsp;&nbsp; 375260 | &nbsp;&nbsp;&nbsp;&nbsp; (6305962) | &nbsp;&nbsp;&nbsp;&nbsp; (773279) | &nbsp;&nbsp;&nbsp;&nbsp; (12792308) | &nbsp;&nbsp;&nbsp;&nbsp; 61676398 | &nbsp;&nbsp; 954743 | &nbsp;&nbsp;&nbsp;&nbsp; 1525939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Douglas Dynamics Incorporated | &nbsp;&nbsp;&nbsp; 63549474 | &nbsp;&nbsp;&nbsp;&nbsp; 1079020 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 2919145 | &nbsp;&nbsp;&nbsp;&nbsp; 67547639 | &nbsp;&nbsp; 1868021 | &nbsp;&nbsp;&nbsp;&nbsp; 1612505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ennis Incorporated | &nbsp;&nbsp;&nbsp; 24606270 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; (1559030) | &nbsp;&nbsp;&nbsp;&nbsp; (64545) | &nbsp;&nbsp;&nbsp;&nbsp; 4793137 | &nbsp;&nbsp;&nbsp;&nbsp; 27775832 | &nbsp;&nbsp; 1253422 | &nbsp;&nbsp;&nbsp;&nbsp; 963268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glassbridge Enterprises Incorporated | &nbsp;&nbsp;&nbsp; 9926 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 37411 | &nbsp;&nbsp;&nbsp;&nbsp; 47337 | &nbsp;&nbsp; 1527 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Innospec Incorporated | &nbsp;&nbsp;&nbsp;165737985 | &nbsp;&nbsp;&nbsp;&nbsp; 597282 | &nbsp;&nbsp;&nbsp;&nbsp; (7372420) | &nbsp;&nbsp;&nbsp;&nbsp; (195215) | &nbsp;&nbsp;&nbsp;&nbsp; 18582963 | &nbsp;&nbsp;&nbsp;&nbsp; 177350595 | &nbsp;&nbsp; 1724194 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;J & J Snack Foods Corporation | &nbsp;&nbsp;&nbsp;158418985 | &nbsp;&nbsp;&nbsp;&nbsp; 3337784 | &nbsp;&nbsp;&nbsp;&nbsp; (6451549) | &nbsp;&nbsp;&nbsp;&nbsp; (1043575) | &nbsp;&nbsp;&nbsp;&nbsp; (5029519) | &nbsp;&nbsp;&nbsp;&nbsp; 149232126 | &nbsp;&nbsp; 996808 | &nbsp;&nbsp;&nbsp;&nbsp; 1999852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings Inc | &nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp;155468356 | &nbsp;&nbsp;&nbsp;&nbsp; (9396000) | &nbsp;&nbsp;&nbsp;&nbsp; (9221453) | &nbsp;&nbsp;&nbsp;&nbsp; (68108253) | &nbsp;&nbsp;&nbsp;&nbsp; 68742650 | &nbsp;&nbsp; 3289122 | &nbsp;&nbsp;&nbsp;&nbsp; 3428880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mayville Engineering Company Incorporated<sup>†</sup> | &nbsp;&nbsp;&nbsp; 8013580 | &nbsp;&nbsp;&nbsp;&nbsp; 6726934 | &nbsp;&nbsp;&nbsp;&nbsp; (319449) | &nbsp;&nbsp;&nbsp;&nbsp; (166430) | &nbsp;&nbsp;&nbsp;&nbsp; 6183973 | &nbsp;&nbsp;&nbsp;&nbsp; 20438608 | &nbsp;&nbsp; 1614424 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mueller Industries Incorporated | &nbsp;&nbsp;&nbsp;171377466 | &nbsp;&nbsp;&nbsp;&nbsp; 5668025 | &nbsp;&nbsp;&nbsp;&nbsp; (24818842) | &nbsp;&nbsp;&nbsp;&nbsp; 7301954 | &nbsp;&nbsp;&nbsp;&nbsp; 10252511 | &nbsp;&nbsp;&nbsp;&nbsp; 169781114 | &nbsp;&nbsp; 2877646 | &nbsp;&nbsp;&nbsp;&nbsp; 3114132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quanex Building Products Corporation | &nbsp;&nbsp;&nbsp; 56833951 | &nbsp;&nbsp;&nbsp;&nbsp; 1570736 | &nbsp;&nbsp;&nbsp;&nbsp; (49756) | &nbsp;&nbsp;&nbsp;&nbsp; (4931) | &nbsp;&nbsp;&nbsp;&nbsp; 7498870 | &nbsp;&nbsp;&nbsp;&nbsp; 65848870 | &nbsp;&nbsp; 2780780 | &nbsp;&nbsp;&nbsp;&nbsp; 665322 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Trimas Corporation | &nbsp;&nbsp;&nbsp; 67140720 | &nbsp;&nbsp;&nbsp;&nbsp; 1565001 | &nbsp;&nbsp;&nbsp;&nbsp; (124737) | &nbsp;&nbsp;&nbsp;&nbsp; (46364) | &nbsp;&nbsp;&nbsp;&nbsp; (8797556) | &nbsp;&nbsp;&nbsp;&nbsp; 59737064 | &nbsp;&nbsp; 2153463 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tupperware Brands Corporation<sup>†</sup> | &nbsp;&nbsp;&nbsp; 51130899 | &nbsp;&nbsp;&nbsp;&nbsp; 1062750 | &nbsp;&nbsp;&nbsp;&nbsp; (9561847) | &nbsp;&nbsp;&nbsp;&nbsp;(20845865) | &nbsp;&nbsp;&nbsp;&nbsp; (16348308) | &nbsp;&nbsp;&nbsp;&nbsp; 5437629 | &nbsp;&nbsp; 1313437 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Viad Corporation | &nbsp;&nbsp;&nbsp; 42137421 | &nbsp;&nbsp;&nbsp;&nbsp; 898761 | &nbsp;&nbsp;&nbsp;&nbsp; (5622052) | &nbsp;&nbsp;&nbsp;&nbsp; (2441331) | &nbsp;&nbsp;&nbsp;&nbsp; (8877987) | &nbsp;&nbsp;&nbsp;&nbsp; 26094812 | &nbsp;&nbsp; 1069898 | &nbsp;&nbsp;&nbsp;&nbsp; 0 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westwood Holdings Group Incorporated | &nbsp;&nbsp;&nbsp; 6843184 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; (1869949) | &nbsp;&nbsp;&nbsp;&nbsp; 4973235 | &nbsp;&nbsp; 446683 | &nbsp;&nbsp;&nbsp;&nbsp; 201007 |

---

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $110061302 | &nbsp;&nbsp;$903478733 | &nbsp;&nbsp;$(848440496) | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$0 | &nbsp;&nbsp;$165099539 | &nbsp;&nbsp;165099539 | &nbsp;&nbsp;$2446684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC | &nbsp;&nbsp;&nbsp; 3452615 | &nbsp;&nbsp;&nbsp;&nbsp; 75536012 | &nbsp;&nbsp;&nbsp;&nbsp; (59126105) | &nbsp;&nbsp;&nbsp;&nbsp; (187) | &nbsp;&nbsp;&nbsp;&nbsp; 735 | &nbsp;&nbsp;&nbsp;&nbsp; 19863070 | &nbsp;&nbsp; 19863070 | &nbsp;&nbsp;&nbsp;&nbsp; 119072<sup>#</sup> |
|  |  |  |  | &nbsp;&nbsp;**$(30161280)** | &nbsp;&nbsp;**$(111642690)** | &nbsp;&nbsp;**$1271394987** |  | &nbsp;&nbsp;**$17413976** |

---

---

| | |
|:---|:---|
| <sup>†</sup> | Non-income-earning security |
| <sup>#</sup> | Amount shown represents income before fees and rebates. |

---

See accompanying notes to portfolio of investments

------

6 \| Allspring Special Small Cap Value Fund

------

Portfolio of investments—December 31, 2022 (unaudited)

------

#### Written options

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Description** | &nbsp;&nbsp;&nbsp;**Counterparty** | &nbsp;&nbsp;**Number of<br> contracts** | &nbsp;&nbsp;&nbsp;**Notional<br> amount** | &nbsp;&nbsp;&nbsp;**Exercise<br> price** | &nbsp;&nbsp;&nbsp;**Expiration<br> date** | &nbsp;&nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Call** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atkore International Incorporated | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;&nbsp;(250) | &nbsp;&nbsp;&nbsp;$(2625000) | &nbsp;&nbsp;&nbsp;$105.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;$(238750) |
| &nbsp;&nbsp;&nbsp;&nbsp;Atkore International Incorporated | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;&nbsp;(250) | &nbsp;&nbsp;&nbsp;&nbsp;(3000000) | &nbsp;&nbsp;&nbsp;&nbsp;120.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(41250) |
| &nbsp;&nbsp;&nbsp;&nbsp;Atkore International Incorporated | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;&nbsp;(250) | &nbsp;&nbsp;&nbsp;&nbsp;(3125000) | &nbsp;&nbsp;&nbsp;&nbsp;125.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(47500) |
| &nbsp;&nbsp;&nbsp;&nbsp;Atkore International Incorporated | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;&nbsp;(250) | &nbsp;&nbsp;&nbsp;&nbsp;(3375000) | &nbsp;&nbsp;&nbsp;&nbsp;135.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(20252) |
| &nbsp;&nbsp;&nbsp;&nbsp;Urban Outfitters Incorporated | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;&nbsp;(500) | &nbsp;&nbsp;&nbsp;&nbsp;(1500000) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(644) |
| &nbsp;&nbsp;**Put** |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atkore International Incorporated | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2750000 | &nbsp;&nbsp;&nbsp;&nbsp;110.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(71250) |
| &nbsp;&nbsp;&nbsp;&nbsp;Avient Corporation | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7981) |
| &nbsp;&nbsp;&nbsp;&nbsp;Helen of Troy Limited | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(40625) |
| &nbsp;&nbsp;&nbsp;&nbsp;Urban Outfitters Incorporated | &nbsp;&nbsp;&nbsp;Bank of America Securities Incorporated | &nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25.00 | &nbsp;&nbsp;&nbsp;1-20-2023 | &nbsp;&nbsp;&nbsp;&nbsp;(172500) |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;**$(640752)** |

---

See accompanying notes to portfolio of investments

------

Allspring Special Small Cap Value Fund \| 7

------

Notes to portfolio of investments—December 31, 2022 (unaudited)

------

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Equity securities and exchange-traded funds that are listed on a foreign or domestic exchange or market are valued at the official closing price or, if none, the last sales price.

Options that are listed on a foreign or domestic exchange or market are valued at the closing mid-price. Non-listed options are valued at the evaluated price provided by an independent pricing service or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value. Interests in non-registered investment companies that are redeemable at net asset value are fair valued normally at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

Securities lending

The Fund may lend its securities from time to time in order to earn additional income in the form of fees or interest on securities received as collateral or the investment of any cash received as collateral. When securities are on loan, the Fund receives interest or dividends on those securities. Cash collateral received in connection with its securities lending transactions is invested in Securities Lending Cash Investments, LLC (the "Securities Lending Fund"), an affiliated non-registered investment company. Investments in Securities Lending Fund are valued at the evaluated bid price provided by an independent pricing service. The Securities Lending Fund is exempt from registration under Section 3(c)(7) of the Investment Company Act of 1940 and is managed by Allspring Funds Management and is subadvised by Allspring Global Investments, LLC ("Allspring Investments"), an affiliate of Allspring Funds Management and wholly owned subsidiary of Allspring Global Investments Holdings, LLC. Allspring Funds Management receives an advisory fee starting at 0.05% and declining to 0.01% as the average daily net assets of the Securities Lending Fund increase. All of the fees received by Allspring Funds Management are paid to Allspring Investments for its services as subadviser. The Securities Lending Fund seeks to provide a positive return compared to the daily Fed Funds Open Rate by investing in high-quality, U.S. dollar-denominated short-term money market instruments.

In a securities lending transaction, the net asset value of the Fund is affected by an increase or decrease in the value of the securities loaned and by an increase or decrease in the value of the instrument in which collateral is invested. The amount of securities lending activity undertaken by the Fund fluctuates from time to time. The Fund has the right under the lending agreement to recover the securities from the borrower on demand. In the event of default or bankruptcy by the borrower, the Fund may be prevented from recovering the loaned securities or gaining access to the collateral or may experience delays or costs in doing so. In such an event, the terms of the agreement allow the unaffiliated securities lending agent to use the collateral to purchase replacement securities on behalf of the Fund or pay the Fund the market value of the loaned securities. The Fund bears the risk of loss with respect to depreciation of its investment of the cash collateral.

Options

The Fund may write covered call options or secured put options on individual securities and/or indexes. When the Fund writes an option, an amount equal to the premium received is recorded as a liability and is subsequently adjusted to the current market value of the written option. Premiums received from written options that expire unexercised are recognized as realized gains on the expiration date. For exercised options, the difference between the premium received and the amount paid on effecting a closing purchase transaction, including brokerage commissions, is treated as a realized gain or loss. If a call option is exercised, the premium is added to the proceeds from the sale of the underlying security in calculating the realized gain or loss on the sale. If a put option is exercised, the premium reduces the cost of the security purchased. The Fund, as a writer of an option, bears the market risk of an unfavorable change in the price of the security and/or index underlying the written option.

------

8 \| Allspring Special Small Cap Value Fund

------

Notes to portfolio of investments—December 31, 2022 (unaudited)

------

The Fund may also purchase call or put options. Premiums paid are subsequently adjusted based on the current market values of the options. Premiums paid for purchased options that expire are recognized as realized losses on the expiration date. Premiums paid for purchased options that are exercised or closed are added to the amount paid or offset against the proceeds received for the underlying security to determine the realized gain or loss. The risk of loss associated with purchased options is limited to the premium paid.

Options traded on an exchange are regulated and terms of the options are standardized. The Fund is subject to equity price risk. Purchased options traded over-the-counter expose the Fund to counterparty risk in the event the counterparty does not perform. This risk can be mitigated by having a master netting arrangement between the Fund and the counterparty and by having the counterparty post collateral to cover the Fund's exposure to the counterparty.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

■ Level 1 – quoted prices in active markets for identical securities

■ Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

■ Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

The inputs or methodologies used for valuing investments in securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of December 31, 2022:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | &nbsp;&nbsp;Quoted prices<br> (Level 1) | &nbsp;&nbsp;&nbsp;&nbsp;Other significant<br> observable inputs<br> (Level 2) | &nbsp;&nbsp;&nbsp;&nbsp;Significant<br> unobservable inputs<br> (Level 3) | &nbsp;&nbsp;&nbsp;&nbsp;Total |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Assets</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Investments in:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Common stocks** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Communication services* | &nbsp;&nbsp;&nbsp;&nbsp;$25281510 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$25281510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Consumer discretionary* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275839967 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275839967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Consumer staples* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454127460 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454127460 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Energy* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358744875 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;358744875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Financials* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858844646 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47338 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;858891984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Health care* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242805948 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;242805948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Industrials* | &nbsp;&nbsp;&nbsp;&nbsp;1424572352 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1424572352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Information technology* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238547334 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238547334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Materials* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;818877783 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;818877783 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Real estate* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25674898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25674898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Utilities* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38864588 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;38864588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Investment companies** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19628577 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19628577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Short-term investments** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Investment companies* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184962609 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;184962609 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$4966772547** | &nbsp;&nbsp;&nbsp;&nbsp;**$47338** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$4966819885** |
| &nbsp;&nbsp;&nbsp;&nbsp;**<u>Liabilities</u>** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**Written options** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$564375 | &nbsp;&nbsp;&nbsp;&nbsp;$76377 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$640752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total liabilities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$564375** | &nbsp;&nbsp;&nbsp;&nbsp;**$76377** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**$640752** |

---

Additional sector, industry or geographic detail, if any, is included in the Portfolio of Investments.

------

Allspring Special Small Cap Value Fund \| 9

------

Notes to portfolio of investments—December 31, 2022 (unaudited)

------

As of December 31, 2022, $8,999,952 was segregated as cash collateral for open written options.

For the nine months ended December 31, 2022, the Fund did not have any transfers into/out of Level 3.

------

10 \| Allspring Special Small Cap Value Fund

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

**Item A.2. Information about the Series.**

- **a. Name of Series:** Allspring Special Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000029108

- **c. LEI of Series:** 54930065PNEY86WY1O41

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $4989906986.42

**Total Liabilities:** $26514454.71

**Net Assets:** $4963392531.71

**Cash Not Reported:** $8012112.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089490 | 11.12%               | 5.55%                | -4.93%               |
| Class ID C000089488 | 11.15%               | 5.65%                | -4.88%               |
| Class ID C000089491 | 11.17%               | 5.65%                | -4.88%               |
| Class ID C000163730 | 11.18%               | 5.59%                | -4.90%               |
| Class ID C000092810 | 11.21%               | 5.64%                | -4.84%               |
| Class ID C000150670 | 11.20%               | 5.66%                | -4.83%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2583035.04             | $516032111.42                              |
| Month 2  | $-17020241.28            | $295653714.71                              |
| Month 3  | $3623399.75              | $-274321742.14                             |

### Schedule of Portfolio Investments

| Name                                                       | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Tupperware Brands Corp                                     | Tupperware Brands Corp                                     | CUSIP: 899896104<br>LEI: G8NWFN4YP7CR6FOP4886 | Long             | EC               | CORP              | US        |   1313437 | NS      | $5437629.18   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                                               | Parsons Corp                                               | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |    701016 | NS      | $32421990.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Callon Petroleum Co                                        | Callon Petroleum Co                                        | CUSIP: 13123X508<br>LEI: 549300EFOWPEB0WLZW21 | Long             | EC               | CORP              | US        |    499230 | NS      | $18516440.70  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| MidCap Financial Investment Corp                           | MidCap Financial Investment Corp                           | CUSIP: 03761U502<br>LEI: 5493005P14I7WFB3FW47 | Long             | EC               | CORP              | US        |   1873186 | NS      | $21354320.40  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                     | ATKORE INC                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -250 | NC      | $-71250.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries Inc                           | Hawaiian Electric Industries Inc                           | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |    928664 | NS      | $38864588.40  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Viad Corp                                                  | Viad Corp                                                  | CUSIP: 92552R406<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | EC               | CORP              | US        |   1069898 | NS      | $26094812.22  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AST SpaceMobile Inc                                        | AST SpaceMobile Inc                                        | CUSIP: 00217D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1224622 | NS      | $5902678.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Janus International Group Inc                              | Janus International Group Inc                              | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2443102 | NS      | $23258331.04  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Apparel Inc                                          | Delta Apparel Inc                                          | CUSIP: 247368103<br>LEI: 549300YCES15WEDS8Z04 | Long             | EC               | CORP              | US        |    602202 | NS      | $6389363.22   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co                                    | Central Garden & Pet Co                                    | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |   1322751 | NS      | $47354485.80  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc                                      | Jackson Financial Inc                                      | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |   1287493 | NS      | $44791881.47  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp                                                | Avient Corp                                                | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |   3343181 | NS      | $112865790.56 | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                     | URBAN OUTFITTERS INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -500 | NC      | $-644.20      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Options Clearing Corp.                                     | ATKORE INC                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -250 | NC      | $-41250.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Consumer Healthcare Inc                           | Prestige Consumer Healthcare Inc                           | CUSIP: 74112D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    713726 | NS      | $44679247.60  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Mortgage Trust Inc                                | New York Mortgage Trust Inc                                | CUSIP: 649604501<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EC               |  | US        |  11871706 | NS      | $30391567.36  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Mayville Engineering Co Inc                                | Mayville Engineering Co Inc                                | CUSIP: 578605107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1614424 | NS      | $20438607.84  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversey Holdings Ltd                                      | Diversey Holdings Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |   2011760 | NS      | $8570097.60   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AGNC Investment Corp                                       | AGNC Investment Corp                                       | CUSIP: 00123Q104<br>LEI: 5TRACI5HRMELWV32OF39 | Long             | EC               |  | US        |   4162300 | NS      | $43079805.00  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecovyst Inc                                                | Ecovyst Inc                                                | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3943314 | NS      | $34937762.04  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennis Inc                                                  | Ennis Inc                                                  | CUSIP: 293389102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1253422 | NS      | $27775831.52  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack in the Box Inc                                        | Jack in the Box Inc                                        | CUSIP: 466367109<br>LEI: 5493002OJW26P0SUUP68 | Long             | EC               | CORP              | US        |    736361 | NS      | $50241911.03  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITOL INVESTMENT CORP PIPE                               | CAPITOL INVESTMENT CORP PIPE                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1250000 | NS      | $566125.00    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Custom Truck One Source Inc                                | Custom Truck One Source Inc                                | CUSIP: 23204X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1350793 | NS      | $8537011.76   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Nomad Foods Ltd                                            | Nomad Foods Ltd                                            | CUSIP: 000000000<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |   3417628 | NS      | $58919906.72  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| New Mountain Finance Corp                                  | New Mountain Finance Corp                                  | CUSIP: 647551100<br>LEI: 549300L1MPTT1H7SES77 | Long             | EC               | CORP              | US        |   2515550 | NS      | $31117353.50  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| API Group Corp                                             | API Group Corp                                             | CUSIP: 00187Y100<br>LEI: 213800NZT1VX6PZ7BT53 | Long             | EC               | CORP              | US        |   3387467 | NS      | $63718254.27  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden Inc                                                 | Belden Inc                                                 | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |   1171293 | NS      | $84215966.70  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp                                       | Associated Banc-Corp                                       | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |   1879456 | NS      | $43396639.04  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Helen of Troy Ltd                                          | Helen of Troy Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    512541 | NS      | $56845922.31  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Electric Co Inc                                   | Franklin Electric Co Inc                                   | CUSIP: 353514102<br>LEI: RR6AURIKMXUE4Q24G284 | Long             | EC               | CORP              | US        |   1709069 | NS      | $136298252.75 | 2.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Franchise Group Inc                                        | Franchise Group Inc                                        | CUSIP: 35180X105<br>LEI: 549300MWCHSL8BSOMV77 | Long             | EC               | CORP              | US        |    440821 | NS      | $10500356.22  | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Nordic American Tankers Ltd                                | Nordic American Tankers Ltd                                | CUSIP: 000000000<br>LEI: 213800W4T8AMPKIPIU94 | Long             | EC               | CORP              | BM        |   3439011 | NS      | $10523373.66  | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Tootsie Roll Industries Inc                                | Tootsie Roll Industries Inc                                | CUSIP: 890516107<br>LEI: 529900SBKOV9XX4M4Q35 | Long             | EC               | CORP              | US        |    567440 | NS      | $24155920.80  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SEC LENDING CASH INVST LLC                                 | SEC LENDING CASH INVST LLC                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |  12511694 | NS      | $12511694.43  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                                             | Air Lease Corp                                             | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |    991800 | NS      | $38104956.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Levi Strauss & Co                                          | Levi Strauss & Co                                          | CUSIP: 52736R102<br>LEI: MB0UERO0RDFKU8258G77 | Long             | EC               | CORP              | US        |    227875 | NS      | $3536620.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| NN Inc                                                     | NN Inc                                                     | CUSIP: 629337106<br>LEI: 549300SU3TUM6VH84645 | Long             | EC               | CORP              | US        |    878098 | NS      | $1317147.00   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Maximus Inc                                                | Maximus Inc                                                | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |    579400 | NS      | $42487402.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| JELD-WEN Holding Inc                                       | JELD-WEN Holding Inc                                       | CUSIP: 47580P103<br>LEI: 529900AXX7CT9GZSCS30 | Long             | EC               | CORP              | US        |    702421 | NS      | $6778362.65   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group Inc                                    | CNO Financial Group Inc                                    | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |    216492 | NS      | $4946842.20   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Premier Inc                                                | Premier Inc                                                | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    703237 | NS      | $24599230.26  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Holley Inc                                                 | Holley Inc                                                 | CUSIP: 43538H103<br>LEI: 254900EEM9JI9G1A4D88 | Long             | EC               | CORP              | US        |    436205 | NS      | $924754.60    | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| GXO Logistics Inc                                          | GXO Logistics Inc                                          | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |    400657 | NS      | $17104047.33  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                                 | Kadant Inc                                                 | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |    309589 | NS      | $54992294.07  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| First Hawaiian Inc                                         | First Hawaiian Inc                                         | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |   1007658 | NS      | $26239414.32  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc                                   | Patterson-UTI Energy Inc                                   | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |   4746548 | NS      | $79931868.32  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Babcock & Wilcox Enterprises Inc                           | Babcock & Wilcox Enterprises Inc                           | CUSIP: 05614L209<br>LEI: 5493006H661OZN2C0T54 | Long             | EC               | CORP              | US        |   1525800 | NS      | $8803866.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSTOM TRUCK ONE SOURCE INC.                               | CUSTOM TRUCK ONE SOURCE INC.                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3475000 | NS      | $21962000.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp                                            | SouthState Corp                                            | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |    667518 | NS      | $50971674.48  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp                                         | UMB Financial Corp                                         | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |   1467049 | NS      | $122527932.48 | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Enstar Group Ltd                                           | Enstar Group Ltd                                           | CUSIP: 000000000<br>LEI: 213800AMAL5QFXVUCN04 | Long             | EC               | CORP              | BM        |    327202 | NS      | $75596750.08  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Harsco Corp                                                | Harsco Corp                                                | CUSIP: 415864107<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | EC               | CORP              | US        |   1095631 | NS      | $6891518.99   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                     | ATKORE INC                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -250 | NC      | $-20251.73    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Mativ Holdings Inc                                         | Mativ Holdings Inc                                         | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |   3289122 | NS      | $68742649.80  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                     | URBAN OUTFITTERS INC                                       | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |     -1000 | NC      | $-172500.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate Finance Inc                  | Apollo Commercial Real Estate Finance Inc                  | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               |  | US        |   2429190 | NS      | $26138084.40  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                     | ATKORE INC                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -250 | NC      | $-238750.00   | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| GlassBridge Enterprises Inc                                | GlassBridge Enterprises Inc                                | CUSIP: 377185202<br>LEI: 549300GQRYQQ0IW6S632 | Long             | EC               | CORP              | US        |      1527 | NS      | $47337.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: —       |
| Denny's Corp                                               | Denny's Corp                                               | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |   4611412 | NS      | $42471104.52  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Westwood Holdings Group Inc                                | Westwood Holdings Group Inc                                | CUSIP: 961765104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    446683 | NS      | $4973234.52   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| HOLLEY INC                                                 | HOLLEY INC                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   5500000 | NS      | $11660000.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Two Harbors Investment Corp                                | Two Harbors Investment Corp                                | CUSIP: 90187B804<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EC               |  | US        |   3190799 | NS      | $50318900.23  | 1.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Simpson Manufacturing Co Inc                               | Simpson Manufacturing Co Inc                               | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |    665967 | NS      | $59044634.22  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbus McKinnon Corp/NY                                  | Columbus McKinnon Corp/NY                                  | CUSIP: 199333105<br>LEI: 549300W3HQB0HO1F3G69 | Long             | EC               | CORP              | US        |    963117 | NS      | $31272408.99  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc                                        | Eagle Materials Inc                                        | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |   1057801 | NS      | $140528862.85 | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Russell 2000 ETF                                   | iShares Russell 2000 ETF                                   | CUSIP: 464287655<br>LEI: 549300O80OAR5VTWR172 | Long             | EC               | RF                | US        |    112575 | NS      | $19628577.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| E2open Parent Holdings Inc                                 | E2open Parent Holdings Inc                                 | CUSIP: 29788T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3199396 | NS      | $18780454.52  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                     | HELEN OF TROY LTD                                          | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | BM        |      -250 | NC      | $-40625.00    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings Inc                                         | Thryv Holdings Inc                                         | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    931700 | NS      | $17702300.00  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co PLC                                             | Perrigo Co PLC                                             | CUSIP: 000000000<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |    525451 | NS      | $17912624.59  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                                           | Elme Communities                                           | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               |  | US        |   1442410 | NS      | $25674898.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional US Government Money Market Fund | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  19862522 | NS      | $19862521.50  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp                                             | NewMarket Corp                                             | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |    248893 | NS      | $77433101.23  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| National Western Life Group Inc                            | National Western Life Group Inc                            | CUSIP: 638517102<br>LEI: 549300HPXNVHFT1BJ192 | Long             | EC               | CORP              | US        |     68077 | NS      | $19129637.00  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Dynamics Inc                                       | Douglas Dynamics Inc                                       | CUSIP: 25960R105<br>LEI: 529900CDFLKNQ0QT6580 | Long             | EC               | CORP              | US        |   1868021 | NS      | $67547639.36  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc                                       | Kyndryl Holdings Inc                                       | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |   2988589 | NS      | $33233109.68  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchronoss Technologies Inc                               | Synchronoss Technologies Inc                               | CUSIP: 87157B103<br>LEI: 5493007Z5J8Z2TA76376 | Long             | EC               | CORP              | US        |   4327500 | NS      | $2674827.75   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                                               | Griffon Corp                                               | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |   1472310 | NS      | $52693974.90  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                               | Innospec Inc                                               | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |   1724194 | NS      | $177350594.84 | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corp                          | Stewart Information Services Corp                          | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |   1342702 | NS      | $57373656.46  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil and Gas Inc                                   | Northern Oil and Gas Inc                                   | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    919410 | NS      | $28336216.20  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc                                        | Silgan Holdings Inc                                        | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |   1492165 | NS      | $77353833.60  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                     | AVIENT CORP                                                | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -500 | NC      | $-7981.10     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Central Garden & Pet Co                                    | Central Garden & Pet Co                                    | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |    813322 | NS      | $30458908.90  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc                                     | Werner Enterprises Inc                                     | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |    986889 | NS      | $39732151.14  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Forum Energy Technologies Inc                              | Forum Energy Technologies Inc                              | CUSIP: 34984V209<br>LEI: 549300SF93HLCR1REE27 | Long             | EC               | CORP              | US        |    181844 | NS      | $5364398.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Primo Water Corp                                           | Primo Water Corp                                           | CUSIP: 74167P108<br>LEI: 5493005TMUI9D3MY9I37 | Long             | EC               | CORP              | CA        |   3078389 | NS      | $47838165.06  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillenbrand Inc                                            | Hillenbrand Inc                                            | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |    674157 | NS      | $28766279.19  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson Cos Inc                                          | Patterson Cos Inc                                          | CUSIP: 703395103<br>LEI: YM48Q2087CUE26GWEK09 | Long             | EC               | CORP              | US        |   1153700 | NS      | $32338211.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                                 | Korn Ferry                                                 | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |   1071937 | NS      | $54261450.94  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc                               | Spectrum Brands Holdings Inc                               | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |   1578594 | NS      | $96167946.48  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| TriMas Corp                                                | TriMas Corp                                                | CUSIP: 896215209<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | EC               | CORP              | US        |   2153463 | NS      | $59737063.62  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                                          | Chord Energy Corp                                          | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |    372612 | NS      | $50977047.72  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                                         | UFP Industries Inc                                         | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |    588459 | NS      | $46635375.75  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corp                                       | Hancock Whitney Corp                                       | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |   1145881 | NS      | $55449181.59  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hillman Solutions Corp                                     | Hillman Solutions Corp                                     | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2378762 | NS      | $17150874.02  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Alto Ingredients Inc                                       | Alto Ingredients Inc                                       | CUSIP: 021513106<br>LEI: 549300TI77MKE21DLE34 | Long             | EC               | CORP              | US        |   1982588 | NS      | $5709853.44   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                                     | Mueller Industries Inc                                     | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |   2877646 | NS      | $169781114.00 | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp                                              | Renasant Corp                                              | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |   1132774 | NS      | $42580974.66  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                                    | Magnolia Oil & Gas Corp                                    | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2464100 | NS      | $57783145.00  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBAL BLUE GROUP HOLDING AG                               | GLOBAL BLUE GROUP HOLDING AG                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   4536904 | NS      | $21005865.52  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamo Group Inc                                            | Alamo Group Inc                                            | CUSIP: 011311107<br>LEI: 54930080C93RVZRSDV26 | Long             | EC               | CORP              | US        |    215349 | NS      | $30493418.40  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentrix Corp                                            | Concentrix Corp                                            | CUSIP: 20602D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169200 | NS      | $22530672.00  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J Snack Foods Corp                                     | J & J Snack Foods Corp                                     | CUSIP: 466032109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    996808 | NS      | $149232125.68 | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                             | ALLSPRING GOVERNMENT MONEY MAR                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        | 165099539 | NS      | $165099539.07 | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc                                      | Euronet Worldwide Inc                                      | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |    144300 | NS      | $13619034.00  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens & Minor Inc                                          | Owens & Minor Inc                                          | CUSIP: 690732102<br>LEI: 549300LMT5KQQXCEZ733 | Long             | EC               | CORP              | US        |   1243834 | NS      | $24292078.02  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Options Clearing Corp.                                     | ATKORE INC                                                 | CUSIP: 000000000<br>LEI: 549300CII6SLYGKNHA04 | N/A              | DE               |  | US        |      -250 | NC      | $-47500.00    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| DallasNews Corp                                            | DallasNews Corp                                            | CUSIP: 235050101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    436597 | NS      | $1676532.48   | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                                                 | Azenta Inc                                                 | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |    768441 | NS      | $44738635.02  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                                                   | CBIZ Inc                                                   | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |   1195761 | NS      | $56021402.85  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dine Brands Global Inc                                     | Dine Brands Global Inc                                     | CUSIP: 254423106<br>LEI: 529900HKM8OWSHLKJY75 | Long             | EC               | CORP              | US        |    954743 | NS      | $61676397.80  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Berry Corp                                                 | Berry Corp                                                 | CUSIP: 08579X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2149686 | NS      | $17197488.00  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp                              | Quanex Building Products Corp                              | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |   2780780 | NS      | $65848870.40  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc                                  | Minerals Technologies Inc                                  | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |    238756 | NS      | $14497264.32  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                                                | Enovis Corp                                                | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    367700 | NS      | $19679304.00  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwestern Energy Co                                     | Southwestern Energy Co                                     | CUSIP: 845467109<br>LEI: EFWMP121W54QV9MGOP87 | Long             | EC               | CORP              | US        |   9989280 | NS      | $58437288.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp                                | Matthews International Corp                                | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |    227800 | NS      | $6934232.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc                                       | Urban Outfitters Inc                                       | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     81200 | NS      | $1936620.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                                         | Liberty Energy Inc                                         | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1621971 | NS      | $25967755.71  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd                                          | Steven Madden Ltd                                          | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    757800 | NS      | $24219288.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Varex Imaging Corp                                         | Varex Imaging Corp                                         | CUSIP: 92214X106<br>LEI: 549300CWYWPVCT8E9W67 | Long             | EC               | CORP              | US        |   1702789 | NS      | $34566616.70  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Myers Industries Inc                                       | Myers Industries Inc                                       | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |   1677760 | NS      | $37296604.80  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp                                          | ProAssurance Corp                                          | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |   1230100 | NS      | $21489847.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                                 | Atkore Inc                                                 | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |    489509 | NS      | $55520110.78  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCO Brands Corp                                           | ACCO Brands Corp                                           | CUSIP: 00081T108<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | EC               | CORP              | US        |   3845700 | NS      | $21497463.00  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| HILLMAN GROUP PIPE                                         | HILLMAN GROUP PIPE                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   3622900 | NS      | $26121109.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                                      | Element Solutions Inc                                      | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    525792 | NS      | $9564156.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| ESC PERSHING SQUARE TO                                     | ESC PERSHING SQUARE TO                                     | CUSIP: 715ESC018<br>LEI: 549300ZDVEYEVCF35B08 | Long             | EC               | CORP              | US        |   1415995 | NS      | $1.42         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanover Insurance Group Inc/The                            | Hanover Insurance Group Inc/The                            | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |    534677 | NS      | $72250903.01  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB Financial Corp                                         | CVB Financial Corp                                         | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    549900 | NS      | $14159925.00  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CSW Industrials Inc                                        | CSW Industrials Inc                                        | CUSIP: 126402106<br>LEI: 549300SYOEO3RVQ7FB83 | Long             | EC               | CORP              | US        |    869081 | NS      | $100752560.33 | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer