# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-039685
**Filing Date:** 2023-2
**Character Count:** 29797
**Document Hash:** 9ebdc1de9a0b627f25e2e3ec1fc485a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-039685.hdr.sgml**: 20230224

**ACCESSION NUMBER**: 0001752724-23-039685

**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:** 23665923

**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 Utility and Telecommunications Fund (Series ID: S000029100)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000089461 | Class A             | EVUAX           |
| C000089463 | Class C             | EVUCX           |
| C000089464 | Institutional Class | EVUYX           |
| C000092801 | Administrator Class | EVUDX           |

## Nport-Ex

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Common stocks: 98.96%** |  |  |
| &nbsp;&nbsp;**Communication services: 5.49%** |  |  |
| &nbsp;&nbsp;**Diversified telecommunication services: 2.55%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications Incorporated | &nbsp;&nbsp;&nbsp; 274564 | &nbsp;&nbsp;**$10817822** |
| &nbsp;&nbsp;**Media: 2.94%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Comcast Corporation Class A | &nbsp;&nbsp;&nbsp; 357700 | &nbsp;&nbsp;&nbsp;&nbsp; **12508769** |
| &nbsp;&nbsp;**Consumer discretionary: 2.14%** |  |  |
| &nbsp;&nbsp;**Multiline retail: 0.77%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Target Corporation | &nbsp;&nbsp;&nbsp; 22069 | &nbsp;&nbsp;&nbsp;&nbsp; **3289164** |
| &nbsp;&nbsp;**Specialty retail: 1.37%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Home Depot Incorporated | &nbsp;&nbsp;&nbsp; 18381 | &nbsp;&nbsp;&nbsp;&nbsp; **5805823** |
| &nbsp;&nbsp;**Financials: 1.26%** |  |  |
| &nbsp;&nbsp;**Banks: 1.26%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company | &nbsp;&nbsp;&nbsp; 39772 | &nbsp;&nbsp;&nbsp;&nbsp; **5333425** |
| &nbsp;&nbsp;**Health care: 2.81%** |  |  |
| &nbsp;&nbsp;**Biotechnology: 1.44%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amgen Incorporated | &nbsp;&nbsp;&nbsp; 23353 | &nbsp;&nbsp;&nbsp;&nbsp; **6133432** |
| &nbsp;&nbsp;**Health care providers & services: 1.37%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group Incorporated | &nbsp;&nbsp;&nbsp; 10974 | &nbsp;&nbsp;&nbsp;&nbsp; **5818195** |
| &nbsp;&nbsp;**Information technology: 6.63%** |  |  |
| &nbsp;&nbsp;**Communications equipment: 3.34%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems Incorporated | &nbsp;&nbsp;&nbsp; 297717 | &nbsp;&nbsp;&nbsp;&nbsp; **14183238** |
| &nbsp;&nbsp;**IT services: 3.29%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MasterCard Incorporated Class A | &nbsp;&nbsp;&nbsp; 20588 | &nbsp;&nbsp;&nbsp;&nbsp; 7159065 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Visa Incorporated Class A | &nbsp;&nbsp;&nbsp;32898 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6834888 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**13993953** |
| &nbsp;&nbsp;**Real estate: 4.31%** |  |  |
| &nbsp;&nbsp;**Equity REITs: 4.31%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Tower Corporation | &nbsp;&nbsp;&nbsp;86348 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**18293687** |
| &nbsp;&nbsp;**Utilities: 76.32%** |  |  |
| &nbsp;&nbsp;**Electric utilities: 46.31%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Alliant Energy Corporation | &nbsp;&nbsp;&nbsp;100158 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5529723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Electric Power Company Incorporated | &nbsp;&nbsp;&nbsp;199265 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18920212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Corporation | &nbsp;&nbsp;&nbsp;111094 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9577414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation | &nbsp;&nbsp;&nbsp;193937 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19973572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Entergy Corporation | &nbsp;&nbsp;&nbsp;77022 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8664975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evergy Incorporated | &nbsp;&nbsp;&nbsp;113357 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7133556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eversource Energy | &nbsp;&nbsp;&nbsp;97077 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8138936 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exelon Corporation | &nbsp;&nbsp;&nbsp;366037 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15823780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FirstEnergy Corporation | &nbsp;&nbsp;&nbsp;205868 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8634104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Incorporated | &nbsp;&nbsp;&nbsp;730861 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61099978 |

---

See accompanying notes to portfolio of investments

------

Allspring Utility and Telecommunications Fund \| 1

------

Portfolio of investments—December 31, 2022 (unaudited)

------

---

| | | |
|:---|:---|:---|
|  | **Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Electric utilities (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Southern Company | &nbsp;&nbsp;&nbsp; 237076 | &nbsp;&nbsp;$16929597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Xcel Energy Incorporated | &nbsp;&nbsp;&nbsp; 232777 | &nbsp;&nbsp;&nbsp;&nbsp; 16319995 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**196745842** |
| &nbsp;&nbsp;**Gas utilities: 2.57%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atmos Energy Corporation | &nbsp;&nbsp;&nbsp; 97312 | &nbsp;&nbsp;&nbsp;&nbsp; **10905756** |
| &nbsp;&nbsp;**Multi-utilities: 25.02%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ameren Corporation | &nbsp;&nbsp;&nbsp; 133679 | &nbsp;&nbsp;&nbsp;&nbsp; 11886737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated | &nbsp;&nbsp;&nbsp; 361174 | &nbsp;&nbsp;&nbsp;&nbsp; 10831608 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CMS Energy Corporation | &nbsp;&nbsp;&nbsp; 208002 | &nbsp;&nbsp;&nbsp;&nbsp; 13172767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy Incorporated | &nbsp;&nbsp;&nbsp; 264251 | &nbsp;&nbsp;&nbsp;&nbsp; 16203871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DTE Energy Company | &nbsp;&nbsp;&nbsp; 103797 | &nbsp;&nbsp;&nbsp;&nbsp; 12199261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Service Enterprise Group Incorporated | &nbsp;&nbsp;&nbsp; 158388 | &nbsp;&nbsp;&nbsp;&nbsp; 9704433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sempra Energy | &nbsp;&nbsp;&nbsp; 123876 | &nbsp;&nbsp;&nbsp;&nbsp; 19143797 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WEC Energy Group Incorporated | &nbsp;&nbsp;&nbsp; 140359 | &nbsp;&nbsp;&nbsp;&nbsp; 13160060 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp;**106302534** |
| &nbsp;&nbsp;**Water utilities: 2.42%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Water Works Company Incorporated | &nbsp;&nbsp;&nbsp; 67273 | &nbsp;&nbsp;&nbsp;&nbsp; **10253751** |
| &nbsp;&nbsp;**Total Common stocks (Cost $281,000,403)** |  | &nbsp;&nbsp;&nbsp;&nbsp;**420385391** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** |  |  |
| &nbsp;&nbsp;**Short-term investments: 1.03%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 1.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞ |  | 4.09% | &nbsp;&nbsp;&nbsp;4385203 | &nbsp;&nbsp;&nbsp;&nbsp; 4385203 |
| &nbsp;&nbsp;**Total Short-term investments (Cost $4,385,203)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **4385203** |
| &nbsp;&nbsp;**Total investments in securities (Cost $285,385,606)** | &nbsp;&nbsp;99.99% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;424770594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;&nbsp;0.01 |  |  | &nbsp;&nbsp;&nbsp;&nbsp; 60545 |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$424831139** |

---

♠ The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. <br> ∞ The rate represents the 7-day annualized yield at period end.

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** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gains<br> (losses)** | **Net<br> change in<br> unrealized<br> gains<br> (losses)** | **Value,<br> end of<br> period** | **Shares,<br> end<br> of period** | **Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $2507848 | $34888510 | $(33011155) | $0 | $0 | $4385203 | 4385203 | $88486 |

---

See accompanying notes to portfolio of investments

------

2 \| Allspring Utility and Telecommunications Fund

------

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 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.

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.

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.

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;$23326591 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$23326591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Consumer discretionary* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9094987 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9094987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Financials* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5333425 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5333425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Health care* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11951627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11951627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Information technology* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28177191 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28177191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Real estate* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18293687 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18293687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*Utilities* | &nbsp;&nbsp;&nbsp;&nbsp;324207883 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;324207883 |
| &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;4385203 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4385203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$424770594** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$424770594** |

---

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

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

------

Allspring Utility and Telecommunications Fund \| 3

## 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 Utility and Telecommunications Fund

- **b. EDGAR series identifier (if any):** S000029100

- **c. LEI of Series:** 549300OBSSCKJ7CYNO98

**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:** $425362719.65

**Total Liabilities:** $475604.87

**Net Assets:** $424887114.78

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089463 | 2.79%                | 6.95%                | -1.52%               |
| Class ID C000089464 | 2.92%                | 7.04%                | -1.42%               |
| Class ID C000092801 | 2.91%                | 7.02%                | -1.47%               |
| Class ID C000089461 | 2.92%                | 7.03%                | -1.45%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $11492750.99                               |
| Month 2  | $1215349.50              | $26332489.56                               |
| Month 3  | $744851.58               | $-7678935.82                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cisco Systems Inc                   | Cisco Systems Inc                   | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    297717 | NS      | $14183237.88  | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| American Electric Power Co Inc      | American Electric Power Co Inc      | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |    199265 | NS      | $18920211.75  | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| American Water Works Co Inc         | American Water Works Co Inc         | CUSIP: 030420103<br>LEI: 549300DXHIJQMD5WFW18 | Long             | EC               | CORP              | US        |     67273 | NS      | $10253750.66  | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy Inc                 | Dominion Energy Inc                 | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |    264251 | NS      | $16203871.32  | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group Inc              | UnitedHealth Group Inc              | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     10974 | NS      | $5818195.32   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                  | NextEra Energy Inc                  | CUSIP: 65339F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    730861 | NS      | $61099979.60  | 14.38%            |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc                | WEC Energy Group Inc                | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |    140359 | NS      | $13160059.84  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                     | Xcel Energy Inc                     | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |    232777 | NS      | $16319995.47  | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Comcast Corp                        | Comcast Corp                        | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    357700 | NS      | $12508769.00  | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp                   | Atmos Energy Corp                   | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     97312 | NS      | $10905755.84  | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelon Corp                         | Exelon Corp                         | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    366037 | NS      | $15823779.51  | 3.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa Inc                            | Visa Inc                            | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |     32898 | NS      | $6834888.48   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                     | Southern Co/The                     | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |    237076 | NS      | $16929597.16  | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                 | American Tower Corp                 | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |     86348 | NS      | $18293687.28  | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Energy Corp           | Constellation Energy Corp           | CUSIP: 21037T109<br>LEI: 549300F8Y20RYGNGV346 | Long             | EC               | CORP              | US        |    111094 | NS      | $9577413.74   | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                        | Entergy Corp                        | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     77022 | NS      | $8664975.00   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra Energy                       | Sempra Energy                       | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    123876 | NS      | $19143797.04  | 4.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Target Corp                         | Target Corp                         | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     22069 | NS      | $3289163.76   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                     | CMS Energy Corp                     | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |    208002 | NS      | $13172766.66  | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard Inc                      | Mastercard Inc                      | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |     20588 | NS      | $7159065.24   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Amgen Inc                           | Amgen Inc                           | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     23353 | NS      | $6133431.92   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Depot Inc/The                  | Home Depot Inc/The                  | CUSIP: 437076102<br>LEI: QEKMOTMBBKA8I816DO57 | Long             | EC               | CORP              | US        |     18381 | NS      | $5805822.66   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                 | Alliant Energy Corp                 | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |    100158 | NS      | $5529723.18   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                          | Evergy Inc                          | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    113357 | NS      | $7133556.01   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc              | CenterPoint Energy Inc              | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |    361174 | NS      | $10831608.26  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstEnergy Corp                    | FirstEnergy Corp                    | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    205868 | NS      | $8634103.92   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                   | Eversource Energy                   | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     97077 | NS      | $8138935.68   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                    | Duke Energy Corp                    | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    193937 | NS      | $19973571.63  | 4.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corp                         | Ameren Corp                         | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |    133679 | NS      | $11886736.68  | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Verizon Communications Inc          | Verizon Communications Inc          | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    274564 | NS      | $10817821.60  | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR      | ALLSPRING GOVERNMENT MONEY MAR      | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   4385203 | NS      | $4385202.62   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                 | JPMorgan Chase & Co                 | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     39772 | NS      | $5333425.20   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| DTE Energy Co                       | DTE Energy Co                       | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |    103797 | NS      | $12199261.41  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Group Inc | Public Service Enterprise Group Inc | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |    158388 | NS      | $9704432.76   | 2.28%             |  |  |  | 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