# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001081400-25-000311
**Filing Date:** 2025-7
**Character Count:** 41892
**Document Hash:** 1030923cda27d29ef04f00246f02dc07
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001081400-25-000311.hdr.sgml**: 20250730

**ACCESSION NUMBER**: 0001081400-25-000311

**CONFORMED SUBMISSION TYPE**: 485BPOS

**PUBLIC DOCUMENT COUNT**: 10

**FILED AS OF DATE**: 20250730

**DATE AS OF CHANGE**: 20250730

**EFFECTIVENESS DATE**: 20250730

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 251166028

**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
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** 485BPOS
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-287668
- **FILM NUMBER:** 251166027

**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 Ultra Short-Term Income Fund (Series ID: S000007431)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020394 | Administrator Class | WUSDX           |
| C000020395 | Class A             | SADAX           |
| C000020396 | Institutional Class | SADIX           |
| C000064989 | Class C             | WUSTX           |
| C000220297 | Class A2            | WUSNX           |

### Allspring Emerging Growth Fund (Series ID: S000015703)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000042911 | Administrator Class | WFGDX           |
| C000064993 | Class A             | WEMAX           |
| C000064994 | Class C             | WEMCX           |
| C000064995 | Institutional Class | WEMIX           |
| C000205249 | Class R6            | WEGRX           |

### Allspring Special Large Cap Value Fund (Series ID: S000029093)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000089434 | Class A             | EIVAX           |
| C000089436 | Class C             | EIVCX           |
| C000089437 | Institutional Class | EIVIX           |
| C000092797 | Administrator Class | EIVDX           |
| C000120088 | Class R6            | EIVFX           |

<br>AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON JULY 30, 2025<br>1933 Act No. 333-287668

UNITED STATES SECURITIES AND EXCHANGE COMMISSION<br>Washington D.C. 20549

**FORM N-14**<br>REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933<br>Pre-Effective Amendment No. []<br>Post-Effective Amendment No. [1]<br>(Check appropriate box or boxes)

**ALLSPRING FUNDS TRUST**<br>(Exact Name of Registrant as Specified in Charter)<br>1415 Vantage Park Drive, 3rd Floor<br>Charlotte, NC 28203

(Address of Principal Executive Offices)<br>(800) 222-8222<br>(Registrant's Telephone Number)

Matthew Prasse

Allspring Funds Management, LLC<br>1415 Vantage Park Drive, 3rd Floor<br>Charlotte, NC 28203

(Name and Address of Agent for Service)

With a copy to:

Jason F. Monfort<br>Kirkland & Ellis LLP<br>1301 Pennsylvania Avenue, N.W.<br>Washington, DC 20004

No filing fee is required under the Securities Act of 1933 because an indefinite number of shares of beneficial interest in the Registrant has previously been registered pursuant to Rule 24f-2 under the Investment Company Act of 1940, as amended.

It is proposed that this filing become effective immediately upon filing pursuant to Rule 485(b).

This filing is being made solely for the purpose of adding an exhibit, no other part of the Registration Statement is amended or superseded hereby.

------

**ALLSPRING FUNDS TRUST**

**PART C**<br>OTHER INFORMATION

**Item 15. Indemnification.**

Under the terms of the Amended and Restated Declaration of Trust of the Registrant, incorporated by reference as Exhibit 1 hereto, provides for the indemnification of the Registrant's Trustees, officers, employees and agents. The following sections of Article IX provide as follows:

Section 1. Limitation of Liability. All persons contracting with or having any claim against the Trust or a particular Series shall look only to the assets of the Trust or such Series, respectively, for payment under such contract or claim; and neither the Trustees nor any of the Trust's officers, employees or agents, whether past, present or future (each a "Covered Person," and collectively the "Covered Persons"), shall be personally liable therefor. Notwithstanding any provision in this Article IX, neither the investment adviser, Principal Underwriter or other service providers, nor any officers, employees or other agents of such entities, shall be indemnified pursuant to this Article IX, except that dual officers, employees or other agents of the Trust and such entities shall be entitled to indemnification pursuant to this Article IX but only to the extent that such officer, employee or other agent was acting in his or her capacity as an officer, employee or agent of the Trust in the conduct that gave rise to the claim for indemnification. No Covered Person shall be liable to the Trust or to any Shareholder for any loss, damage or claim incurred by reason of any act performed or omitted by such Covered Person in good faith on behalf of the Trust, a Series or a Class, and in a manner reasonably believed to be within the scope of authority conferred on such Covered Person by this Declaration, except that a Covered Person shall be liable for any loss, damage or claim incurred by reason of such Covered Person's bad faith, gross negligence, willful misconduct or reckless disregard of the duties involved in the conduct of his or her office.

Section 2. Mandatory Indemnification. (a) Subject only to the express limitations in the 1940 Act, other applicable laws, and sub-paragraph (b) below, the Trust or the appropriate Series shall indemnify each of its Covered Persons to the fullest extent permitted under the 1940 Act and other applicable laws, including, but not limited to, against all liabilities and expenses reasonably incurred or paid by him or her in connection with any claim, action, suit or proceeding in which he or she becomes involved as a party or otherwise by virtue of his or her being or having been a Covered Person and against amounts paid or incurred in the settlement thereof.

&nbsp;&nbsp;&nbsp;&nbsp;(a) As used herein, the words "claim," "action," "suit," or "proceeding" shall apply to all claims, actions, suits or proceedings (civil, criminal or other, including appeals), actual or threatened, and the words "liability" and "expenses" shall include, without limitation, reasonable attorneys' fees, costs, judgments, amounts paid in settlement, fines, penalties and other liabilities.

(b) Notwithstanding any provision to the contrary contained herein, no Covered Person shall be entitled to indemnification for any liability arising by reason of such Covered Person's willful misfeasance, bad faith, gross negligence, or the reckless disregard of duties owed to the Trust ("disabling conduct").

(c) No indemnification or advance shall be made under this Article IX to the extent such indemnification or advance: would be inconsistent with a provision of the Declaration, or an agreement in effect at the time of accrual of the alleged cause of action asserted in the proceeding in which the expenses were incurred or other amounts were paid which prohibits or otherwise limits indemnification; or would be inconsistent with any condition expressly imposed by a court in a judgment, order, or approval of a settlement.

(d) Any indemnification under this Article shall be made by the Trust only if authorized in the specific case on a determination that the Covered Person was not liable by reason of disabling conduct by:

(i) a final decision on the merits by a court or other body before whom the proceeding was brought; or<br>(ii) in the absence of such a decision, by any reasonable and fair means established in accordance with, and subject to the requirements and limitations of, Section 17(h) of the 1940 Act and any interpretation thereunder by the Commission or its staff.

(e) The rights of indemnification herein provided may be insured against by policies of insurance maintained by the Trust, shall be severable, shall not be exclusive of or affect any other rights to which any Covered Person may now or hereafter be entitled, and shall inure to the benefit of the heirs, executors and administrators of a Covered Person.

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

(f) To the maximum extent permitted by the 1940 Act and other applicable laws, expenses in connection with the preparation and presentation of a defense to any claim, action, suit or proceeding of the character described in subsection (a) of this Article IX shall be paid by the Trust or applicable Series from time to time prior to final disposition thereof upon receipt of an undertaking by or on behalf of such Covered Person that such amount will be paid over by him or her to the Trust or applicable Series if it is ultimately determined that he or she is not entitled to indemnification under this Article IX; provided, however, that either (i) such Covered Person shall have provided appropriate security for such undertaking, (ii) the Trust is insured against losses arising out of any such advance payments or (iii) either a majority of the Trustees who are neither Interested Persons of the Trust nor parties to the matter, or independent legal counsel in a written opinion, shall have determined, based upon a review of readily available facts (as opposed to a full trial-type inquiry) that there is reason to believe that such Covered Person will not be disqualified from indemnification under this Article IX; provided, however, that the Trust shall not be obligated to pay the expenses of any agent acting pursuant to a written contract with the Trust, except to the extent required by such contract.

(g) Any repeal or modification of this Article IX shall be prospective only, to the extent that such repeal or modification would, if applied retrospectively, affect any limitation on the liability of any Covered Person in an a manner that would be adverse to such Covered Person or affect any indemnification available to any Covered Person in a manner that would be adverse to such Covered Person with respect to any act or omission which occurred prior to such repeal, modification or adoption.

**Item 16. Exhibits.**

All references to the "Registration Statement" and Post-Effective Amendments thereto in the following list of Exhibits, unless otherwise indicated, refer to the Registrant's Registration Statement on Form N-1A (File Nos. 333-74295; 811-09253).

---

| | |
|:---|:---|
| &nbsp;&nbsp; <u>**Number**</u> | &nbsp;&nbsp;&nbsp; **Exhibit Description** |
| (1) | &nbsp;&nbsp;&nbsp; [Amended and Restated Declaration of Trust dated December 06, 2021, is incorporated by reference to Exhibit (a) of Post-Effective Amendment No. 754, filed July 25, 2022.](https://www.sec.gov/Archives/edgar/data/1081400/000108140022000619/decoftrust.htm) |
| (2) | &nbsp;&nbsp;&nbsp; Not applicable |
| (3) | &nbsp;&nbsp;&nbsp; Not applicable |
| (4) | &nbsp;&nbsp;&nbsp; [Agreement and Plan of Reorganization is incorporated by reference to Exhibit A of Form N-14, filed July 1, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000281/allspringfundstrustnwrapper.htm) |
| (5) | &nbsp;&nbsp;&nbsp; Not applicable |
| &nbsp;&nbsp; (6)(a) | &nbsp;&nbsp;&nbsp; [Investment Management Agreement with Allspring Funds Management, LLC, is incorporated by reference to Exhibit (d)(1) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/d1investmentmanage.htm) |
| &nbsp;&nbsp; (6)(b) | &nbsp;&nbsp;&nbsp; [Fee and Expense Agreement between Allspring Funds Trust, Allspring Master Trust and Allspring Funds Management, LLC, is incorporated by reference to Exhibit (d)(2) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/d2feeexpense.htm) |
| &nbsp;&nbsp; (6)(c) | &nbsp;&nbsp;&nbsp; [Investment Sub-Advisory Agreement with Allspring Global Investments, LLC, is incorporated by reference to Exhibit (d)(3) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/d3subadvisory.htm) |
| &nbsp;&nbsp; (6)(d) | &nbsp;&nbsp;&nbsp; [Expense Assumption Agreement between Allspring Funds Trust and Allspring Funds Management, LLC, is incorporated by reference to Exhibit (d)(4) of Post-Effective Amendment No. 834, filed October 23, 2024.](https://www.sec.gov/Archives/edgar/data/1081400/000108140024000630/expenseassumptionagrmnt.htm) |
| &nbsp;&nbsp; (6)(e) | &nbsp;&nbsp;&nbsp; [Investment Sub-Advisory Agreement with Allspring Global Investments (UK) Limited, is incorporated by reference to Exhibit (d)(5) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/d5subadvisoryuk.htm) |
| (7) | &nbsp;&nbsp;&nbsp; [Distribution Agreement with Allspring Funds Distributor, LLC, is incorporated by reference to Exhibit (e) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/edistributionagree.htm) |
| (8) | &nbsp;&nbsp;&nbsp; Not applicable |
| (9) | &nbsp;&nbsp;&nbsp; [Master Custodian Agreement with State Street Bank and Trust Company, is incorporated by reference to Exhibit (g)(2) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/g2custodian.htm) |
| &nbsp;&nbsp; (10)(a) | &nbsp;&nbsp;&nbsp; [Distribution Plan, is incorporated by reference to Exhibit (m) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/mdistributionplan.htm) |
| &nbsp;&nbsp; (10)(b) | &nbsp;&nbsp;&nbsp; [Rule 18f-3 Multi-Class Plan, is incorporated by reference to Exhibit (n) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/n18f3.htm) |
| (11) | &nbsp;&nbsp;&nbsp; [Legal Opinion is incorporated by reference to Exhibit (11) of Form N-14, filed July 1, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000281/legalopinioncovern.htm) |
| &nbsp;&nbsp; (12)(a) | &nbsp;&nbsp;&nbsp; Consent of Tax Counsel, Kirkland & Ellis LLC, for the merger related to Allspring Adjustable Rate Government Fund into Allspring Ultra Short-Term Income Fund, is filed herewith. |
| &nbsp;&nbsp; (12)(b) | &nbsp;&nbsp;&nbsp; Consent of Tax Counsel, Kirkland & Ellis LLC, for the merger related to Allspring Discovery Small Cap Growth Fund into Allspring Emerging Growth Fund, is filed herewith. |

---

------

---

| | |
|:---|:---|
| &nbsp;&nbsp; <u>**Number**</u> | &nbsp;&nbsp;&nbsp; **Exhibit Description** |
| &nbsp;&nbsp; (12)(c) | &nbsp;&nbsp;&nbsp; Consent of Tax Counsel, Kirkland & Ellis LLC, for the merger related to Allspring Large Company Value Fund into Allspring Special Large Cap Value Fund, is filed herewith. |
| &nbsp;&nbsp; (13)(a) | &nbsp;&nbsp;&nbsp; [Securities Lending Agency Agreement by and among Allspring Funds Trust, Allspring Master Trust, Allspring Variable Trust, Allspring Funds Management, LLC and Goldman Sachs Bank USA, is incorporated by reference to Exhibit (g)(1) of Post-Effective Amendment No. 754, filed July 25, 2022.](https://www.sec.gov/Archives/edgar/data/1081400/000108140022000619/seclending.htm) |
| &nbsp;&nbsp; (13)(b) | &nbsp;&nbsp;&nbsp; [Class-Level Administration Agreement with Allspring Funds Management, LLC, is incorporated by reference to Exhibit (h)(1) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/h1classleveladmin.htm) |
| &nbsp;&nbsp; (13)(c) | &nbsp;&nbsp;&nbsp; [Transfer Agency and Service Agreement with DST Asset Manager Solutions, Inc., is incorporated by reference to Exhibit (h)(2) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/h2transfer.htm) |
| &nbsp;&nbsp; (13)(d) | &nbsp;&nbsp;&nbsp; [Shareholder Servicing Plan, is incorporated by reference to Exhibit (h)(3) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/h3shareholderplan.htm) |
| &nbsp;&nbsp; (13)(e) | &nbsp;&nbsp;&nbsp; [Amended and Restated Shareholder Servicing Agreement with Allspring Funds Distributor, LLC and Allspring Funds Management, LLC, is incorporated by reference to Exhibit (h)(4) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/h4shareholderagree.htm) |
| &nbsp;&nbsp; (13)(f) | &nbsp;&nbsp;&nbsp; [Form of Fund of Funds Investment Agreement, is incorporated by reference to Exhibit (h)(5) of Post-Effective Amendment No. 847, filed April 23, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000144/formofundsinvstmagrmnt.htm) |
| (14) | &nbsp;&nbsp;&nbsp; [Consent of Independent Auditors, KPMG LLP is incorporated by reference to Exhibit (14) of Form N-14, filed July 1, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000281/kpmgconsent.htm) |
| (15) | &nbsp;&nbsp;&nbsp; Not applicable. |
| &nbsp;&nbsp; (16)(a) | &nbsp;&nbsp;&nbsp; [Power of Attorney for William R. Ebsworth, Jane A. Freeman, Isaaiah Harris, Jr., David F. Larcker, Olivia S. Mitchell, Timothy J. Penny, James G. Polisson and Pamela Wheelock, is incorporated by reference to Exhibit (j)(1) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/j1poatrustees.htm) |
| &nbsp;&nbsp; (16)(b) | &nbsp;&nbsp;&nbsp; [Power of Attorney, John Kenney, is incorporated by reference to Exhibit (j)(2) of Post-Effective Amendment No. 841, filed January 23, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000037/kenneypoa.htm) |
| &nbsp;&nbsp; (16)(c) | &nbsp;&nbsp;&nbsp; [Power of Attorney, Jeremy DePalma, is incorporated by reference to Exhibit (j)(3) of Post-Effective Amendment No. 849, filed July 24, 2025.](https://www.sec.gov/Archives/edgar/data/1081400/000108140025000292/j3poadepalma.htm) |

---

**Item 17. Undertakings.**

(1) Allspring Funds agrees that, prior to any public reoffering of the securities registered through the use of a prospectus which is a part of this registration statement by any person or party who is deemed to be an underwriter within the meaning of Rule 145(c) of the Securities Act of 1933, the reoffering prospectus will contain the information called for by the applicable registration form for the reofferings by persons who may be deemed underwriters, in addition to the information called for by the other items of the applicable form.

(2) The undersigned Registrant agrees that every prospectus that is filed under paragraph (1) above will be filed as part of an amendment to the registration statement and will not be used until the amendment is effective, and that, in determining any liability under the Securities Act of 1933, each post-effective amendment shall be deemed to be a new registration statement for the securities offered therein, and the offering of the securities at that time shall be deemed to be the initial bona fide offering of them.

------

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it meets all of the requirements for effectiveness of this Amendment to the Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement on Form N-14 to be signed on its behalf by the undersigned, thereto duly authorized, in the City of Boston and State of Massachusetts on the 30th day of July, 2025.

ALLSPRING FUNDS TRUST

By: /s/ Maureen E. Towle

<br>**Maureen E. Towle**<br>Assistant Secretary

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement on Form N-14 has been signed below by the following persons in the capacities and on the date indicated:

------

---

| | | |
|:---|:---|:---|
| /s/ David F. Larcker<br>David F. Larcker\*<br>Trustee | /s/ Olivia S. Mitchell<br>Olivia S. Mitchell\*<br>Trustee | /s/ Timothy J. Penny<br>Timothy J. Penny\*<br>Trustee |
| /s/ Jane A. Freeman<br>Jane A. Freeman\*<br>Trustee | /s/ William R. Ebsworth<br>William R. Ebsworth\*<br>Trustee | /s/ Pamela Wheelock<br>Pamela Wheelock\*<br>Trustee |
| /s/ James G. Polisson<br>James G. Polisson\*<br>Trustee | /s/ Isaiah Harris, Jr.<br>Isaiah Harris, Jr.\*<br>Trustee |  |
| /s/ John Kenney<br>John Kenney\*<br>President<br>(Principal Executive Officer) | /s/ Jeremy M. DePalma<br>Jeremy M. DePalma\*<br>Treasurer<br>(Principal Financial Officer) |  |

---

\*By: /s/ Maureen E. Towle

**Maureen E. Towle**<br>As Attorney-In-Fact<br>July 30, 2025

---

| | |
|:---|:---|
| **Exhibit No.** | **Exhibits** |
| (12)(a) | Consent of Tax Counsel, Kirkland & Ellis LLC, for the merger related to Allspring Adjustable Rate Government Fund into Allspring Ultra Short-Term Income Fund. |
| (12)(b) | Consent of Tax Counsel, Kirkland & Ellis LLC, for the merger related to Allspring Discovery Small Cap Growth Fund into Allspring Emerging Growth Fund. |
| (12)(c) | Consent of Tax Counsel, Kirkland & Ellis LLC, for the merger related to Allspring Large Company Value Fund into Allspring Special Large Cap Value Fund. |

---

## Exhibit 99.12

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| | |
|:---|:---|
| &nbsp;&nbsp; <br> ![](image2-2.gif)  | &nbsp;&nbsp; <br> ![](image2-2.gif)  |
| &nbsp;&nbsp; 601 Lexington Avenue<br>New York, New York 10022  |  |
| &nbsp;&nbsp; (212) 446-4800 <br> www.kirkland.com  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Facsimile:<br>(212) 446-4900 <br>|

---

July 25, 2025

Allspring Funds Trust

1415 Vantage Park Drive, 3<sup>rd</sup> Floor

Charlotte, NC 28203

<br>Ladies and Gentlemen:

We have acted as counsel for you, Allspring Funds Trust, a Delaware statutory trust (the "<u>Trust</u>"), pursuant to that certain Agreement and Plan of Reorganization, dated as of June 26, 2025 (the "<u>Plan</u>"), adopted with respect to Allspring Special Large Cap Value Fund ("<u>Acquiring Fund</u>") and Allspring Large Company Value Fund ("<u>Target Fund</u>"), each a series of the Trust. Pursuant to the Plan, the Target Fund will transfer all of its assets and liabilities to the Acquiring Fund in exchange solely for the Acquiring Fund's Class A, Class C, Class R6, Administrator Class and Institutional Class shares of beneficial interest<sup>1</sup> ("<u>Acquiring Fund Shares</u>"), and the assumption by the Acquiring Fund of the liabilities of the Target Fund, and the distribution, after the Closing Date, of the Acquiring Fund Shares to the shareholders of the Target Fund in liquidation of the Target Fund (the "<u>Reorganization</u>").

We are furnishing this opinion to you pursuant to Section 6(d) of the Plan. This opinion relates to the Reorganization's qualification as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended (the "<u>Code</u>"). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Plan.

In providing our opinion, we have examined the Plan, the Registration Statement on Form N-14 filed by the Trust (File No. 333-287668) (as amended or supplemented through the date hereof, the "<u>Registration Statement</u>"), including the Prospectus/Information Statement forming a part thereof, and such other documents as we have deemed necessary or appropriate for purposes of our opinion. In addition, we have assumed that (i) the Reorganization will be consummated in accordance with the provisions of the Plan and as described in the Registration Statement (and no transaction or condition described therein and affecting this opinion will be waived by any party), (ii) the statements concerning the Reorganization and the parties thereto

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup>

<u>NTD</u>: Each Target Fund shareholder will receive the same class of shares in the Acquiring Fund that they surrendered in the Target Fund (i.e., holders of Class A shares in the Target Fund will receive Class A shares of the Acquiring Fund, holders of Class C shares in the Target Fund will receive Class C shares of the Acquiring Fund, etc.).

------

set forth in the Plan and in the Registration Statement are true, complete and correct, (iii) the statements and representations made by the Trust with respect to the Acquiring Fund and the Target Fund in the officer's certificates dated as of the date hereof and delivered to us for purposes of this opinion (the "<u>Officer's Certificates</u>") are true, complete and correct as of the date hereof, (iv) any such statements and representations made in the Officer's Certificates "to the knowledge of" any person or similarly qualified are and will be true, complete and correct without regard to such qualification, and (v) the Trust, Acquiring Fund and Target Fund will treat the Reorganization for United States federal income tax purposes in a manner consistent with the opinion set forth below. If any of the above described assumptions are untrue for any reason or if the Reorganization is consummated in a manner that is different from the manner described in the Plan or the Registration Statement, our opinion as expressed below may be adversely affected. We undertake no responsibility to advise you of any factual developments arising after the date hereof or to supplement or otherwise revise our opinion to reflect any such developments.

Based upon and subject to the foregoing, we are of the opinion that, under currently applicable United States federal income tax law, the Reorganization qualifies as a "reorganization" within the meaning of Section 368(a) of the Code. Our opinion is limited to the U.S. federal income tax issues specifically addressed herein, and no opinion is expressed or should be inferred as to any other U.S. federal income tax issues or the tax consequences under any state, local or foreign laws or with respect to other areas of U.S. federal taxation.

Our opinion is based on existing provisions of the Code, Treasury Regulations promulgated thereunder, current published administrative rules, regulations and pronouncements of the Internal Revenue Service and case law, in each case, in effect on the date hereof, any of which may be changed at any time with retroactive effect. Any change in applicable laws or the facts and circumstances surrounding the Reorganization, or any inaccuracy in the statements, facts, assumptions or representations upon which we have relied, may affect the continuing validity of our opinion as set forth herein. We undertake no responsibility to advise or inform you of any legal developments arising after the date hereof or to supplement or otherwise revise our opinion to reflect any such developments. Our opinion is not binding on the IRS or any court and there is no assurance or guarantee that the IRS or a court will agree with our conclusions.

We are furnishing this opinion solely in connection with the Reorganization, and it is not to be relied upon for any other purpose. We hereby consent to the filing of this opinion with the Securities and Exchange Commission as an exhibit to the Registration Statement, and to the references therein to us. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder.

Very truly yours,

![](image1-2.gif)

Kirkland & Ellis LLP

## Exhibit 99.12

---

| | |
|:---|:---|
| &nbsp;&nbsp; <br> ![](image2.gif)  | &nbsp;&nbsp; <br> ![](image2.gif)  |
| &nbsp;&nbsp; 601 Lexington Avenue<br>New York, New York 10022  |  |
| &nbsp;&nbsp; (212) 446-4800 <br> www.kirkland.com  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Facsimile:<br>(212) 446-4900 <br>|

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July 25, 2025

Allspring Funds Trust

1415 Vantage Park Drive, 3<sup>rd</sup> Floor

Charlotte, NC 28203

<br>Ladies and Gentlemen:

We have acted as counsel for you, Allspring Funds Trust, a Delaware statutory trust (the "<u>Trust</u>"), pursuant to that certain Agreement and Plan of Reorganization, dated as of June 26, 2025 (the "<u>Plan</u>"), adopted with respect to Allspring Ultra Short-Term Income Fund ("<u>Acquiring Fund</u>") and Allspring Adjustable Rate Government Fund ("<u>Target Fund</u>"), each a series of the Trust. Pursuant to the Plan, the Target Fund will transfer all of its assets and liabilities to the Acquiring Fund in exchange solely for the Acquiring Fund's Class A, Class C and Institutional Class shares of beneficial interest<sup>1</sup> ("<u>Acquiring Fund Shares</u>"), and the assumption by the Acquiring Fund of the liabilities of the Target Fund, and the distribution, after the Closing Date, of the Acquiring Fund Shares to the shareholders of the Target Fund in liquidation of the Target Fund (the "<u>Reorganization</u>").

We are furnishing this opinion to you pursuant to Section 6(d) of the Plan. This opinion relates to the Reorganization's qualification as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended (the "<u>Code</u>"). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Plan.

In providing our opinion, we have examined the Plan, the Registration Statement on Form N-14 filed by the Trust (File No. 333-287668) (as amended or supplemented through the date hereof, the "<u>Registration Statement</u>"), including the Prospectus/Information Statement forming a part thereof, and such other documents as we have deemed necessary or appropriate for purposes of our opinion. In addition, we have assumed that (i) the Reorganization will be consummated in accordance with the provisions of the Plan and as described in the Registration Statement (and no transaction or condition described therein and affecting this opinion will be

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup>

<u>NTD</u>: Each Target Fund shareholder will receive the same class of shares in the Acquiring Fund that they surrendered in the Target Fund (i.e., holders of Class A shares in the Target Fund will receive Class A shares of the Acquiring Fund, holders of Class C shares in the Target Fund will receive Class C shares of the Acquiring Fund, etc.) except Target Fund shareholders holding Administrator Class shares will receive Institutional Class shares in the Acquiring Fund.

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waived by any party), (ii) the statements concerning the Reorganization and the parties thereto set forth in the Plan and in the Registration Statement are true, complete and correct, (iii) the statements and representations made by the Trust with respect to the Acquiring Fund and the Target Fund in the officer's certificates dated as of the date hereof and delivered to us for purposes of this opinion (the "<u>Officer's Certificates</u>") are true, complete and correct as of the date hereof, (iv) any such statements and representations made in the Officer's Certificates "to the knowledge of" any person or similarly qualified are and will be true, complete and correct without regard to such qualification, and (v) the Trust, Acquiring Fund and Target Fund will treat the Reorganization for United States federal income tax purposes in a manner consistent with the opinion set forth below. If any of the above described assumptions are untrue for any reason or if the Reorganization is consummated in a manner that is different from the manner described in the Plan or the Registration Statement, our opinion as expressed below may be adversely affected. We undertake no responsibility to advise you of any factual developments arising after the date hereof or to supplement or otherwise revise our opinion to reflect any such developments.

Based upon and subject to the foregoing, we are of the opinion that, under currently applicable United States federal income tax law, the Reorganization qualifies as a "reorganization" within the meaning of Section 368(a) of the Code. Our opinion is limited to the U.S. federal income tax issues specifically addressed herein, and no opinion is expressed or should be inferred as to any other U.S. federal income tax issues or the tax consequences under any state, local or foreign laws or with respect to other areas of U.S. federal taxation.

Our opinion is based on existing provisions of the Code, Treasury Regulations promulgated thereunder, current published administrative rules, regulations and pronouncements of the Internal Revenue Service and case law, in each case, in effect on the date hereof, any of which may be changed at any time with retroactive effect. Any change in applicable laws or the facts and circumstances surrounding the Reorganization, or any inaccuracy in the statements, facts, assumptions or representations upon which we have relied, may affect the continuing validity of our opinion as set forth herein. We undertake no responsibility to advise or inform you of any legal developments arising after the date hereof or to supplement or otherwise revise our opinion to reflect any such developments. Our opinion is not binding on the IRS or any court and there is no assurance or guarantee that the IRS or a court will agree with our conclusions.

We are furnishing this opinion solely in connection with the Reorganization, and it is not to be relied upon for any other purpose. We hereby consent to the filing of this opinion with the Securities and Exchange Commission as an exhibit to the Registration Statement, and to the references therein to us. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder.

Very truly yours,

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Kirkland & Ellis LLP

## Exhibit 99.12

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|:---|:---|
| &nbsp;&nbsp; <br> ![](image2-1.gif)  | &nbsp;&nbsp; <br> ![](image2-1.gif)  |
| &nbsp;&nbsp; 601 Lexington Avenue<br>New York, New York 10022  |  |
| &nbsp;&nbsp; (212) 446-4800 <br> www.kirkland.com  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Facsimile:<br>(212) 446-4900 <br>|

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July 25, 2025

Allspring Funds Trust

1415 Vantage Park Drive, 3<sup>rd</sup> Floor

Charlotte, NC 28203

Ladies and Gentlemen:

We have acted as counsel for you, Allspring Funds Trust, a Delaware statutory trust (the "<u>Trust</u>"), pursuant to that certain Agreement and Plan of Reorganization, dated as of June 26, 2025 (the "<u>Plan</u>"), adopted with respect to Allspring Emerging Growth Fund ("<u>Acquiring Fund</u>") and Allspring Discovery Small Cap Growth Fund ("<u>Target Fund</u>"), each a series of the Trust. Pursuant to the Plan, the Target Fund will transfer all of its assets and liabilities to the Acquiring Fund in exchange solely for the Acquiring Fund's Class A, Class C, Class R6 and Institutional Class shares of beneficial interest<sup>1</sup> ("<u>Acquiring Fund Shares</u>"), and the assumption by the Acquiring Fund of the liabilities of the Target Fund, and the distribution, after the Closing Date, of the Acquiring Fund Shares to the shareholders of the Target Fund in liquidation of the Target Fund (the "<u>Reorganization</u>").

We are furnishing this opinion to you pursuant to Section 6(d) of the Plan. This opinion relates to the Reorganization's qualification as a "reorganization" within the meaning of Section 368(a) of the Internal Revenue Code of 1986, as amended (the "<u>Code</u>"). Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Plan.

In providing our opinion, we have examined the Plan, the Registration Statement on Form N-14 filed by the Trust (File No. 333-287668) (as amended or supplemented through the date hereof, the "<u>Registration Statement</u>"), including the Prospectus/Information Statement forming a part thereof, and such other documents as we have deemed necessary or appropriate for purposes of our opinion. In addition, we have assumed that (i) the Reorganization will be consummated in accordance with the provisions of the Plan and as described in the Registration Statement (and no transaction or condition described therein and affecting this opinion will be waived by any party), (ii) the statements concerning the Reorganization and the parties thereto

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <sup>1</sup>

<u>NTD</u>: Each Target Fund shareholder will receive the same class of shares in the Acquiring Fund that they surrendered in the Target Fund (i.e., holders of Class A shares in the Target Fund will receive Class A shares of the Acquiring Fund, holders of Class C shares in the Target Fund will receive Class C shares of the Acquiring Fund, etc.) except Target Fund shareholders holding Administrator Class shares will receive Institutional Class shares in the Acquiring Fund.

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set forth in the Plan and in the Registration Statement are true, complete and correct, (iii) the statements and representations made by the Trust with respect to the Acquiring Fund and the Target Fund in the officer's certificates dated as of the date hereof and delivered to us for purposes of this opinion (the "<u>Officer's Certificates</u>") are true, complete and correct as of the date hereof, (iv) any such statements and representations made in the Officer's Certificates "to the knowledge of" any person or similarly qualified are and will be true, complete and correct without regard to such qualification, and (v) the Trust, Acquiring Fund and Target Fund will treat the Reorganization for United States federal income tax purposes in a manner consistent with the opinion set forth below. If any of the above described assumptions are untrue for any reason or if the Reorganization is consummated in a manner that is different from the manner described in the Plan or the Registration Statement, our opinion as expressed below may be adversely affected. We undertake no responsibility to advise you of any factual developments arising after the date hereof or to supplement or otherwise revise our opinion to reflect any such developments.

Based upon and subject to the foregoing, we are of the opinion that, under currently applicable United States federal income tax law, the Reorganization qualifies as a "reorganization" within the meaning of Section 368(a) of the Code. Our opinion is limited to the U.S. federal income tax issues specifically addressed herein, and no opinion is expressed or should be inferred as to any other U.S. federal income tax issues or the tax consequences under any state, local or foreign laws or with respect to other areas of U.S. federal taxation.

Our opinion is based on existing provisions of the Code, Treasury Regulations promulgated thereunder, current published administrative rules, regulations and pronouncements of the Internal Revenue Service and case law, in each case, in effect on the date hereof, any of which may be changed at any time with retroactive effect. Any change in applicable laws or the facts and circumstances surrounding the Reorganization, or any inaccuracy in the statements, facts, assumptions or representations upon which we have relied, may affect the continuing validity of our opinion as set forth herein. We undertake no responsibility to advise or inform you of any legal developments arising after the date hereof or to supplement or otherwise revise our opinion to reflect any such developments. Our opinion is not binding on the IRS or any court and there is no assurance or guarantee that the IRS or a court will agree with our conclusions.

We are furnishing this opinion solely in connection with the Reorganization, and it is not to be relied upon for any other purpose. We hereby consent to the filing of this opinion with the Securities and Exchange Commission as an exhibit to the Registration Statement, and to the references therein to us. In giving such consent, we do not thereby admit that we are in the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations of the Securities and Exchange Commission thereunder.

Very truly yours,

![](image1-1.gif)

Kirkland & Ellis LLP