# EDGAR Filing Document

**Accession Number:** 0001087961
**File Stem:** 0001752724-23-015211
**Filing Date:** 2023-1
**Character Count:** 70223
**Document Hash:** e0a1728d4a721787ad1c6b845ab59c42
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015211.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-015211

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230126

**DATE AS OF CHANGE**: 20230126

**PERIOD START**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING MASTER TRUST
- **CENTRAL INDEX KEY:** 0001087961
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09689
- **FILM NUMBER:** 23558258

**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 MASTER TRUST
- **DATE OF NAME CHANGE:** 20021209

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO CORE TRUST
- **DATE OF NAME CHANGE:** 19990604

## Series and Classes Contracts Data

### Allspring Strategic Retirement Bond Portfolio (Series ID: S000057919)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000188029 | Strategic Retirement Bond Portfolio |  |

## Nport-Ex

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Agency securities: 2.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FFCB | 3.38% | &nbsp;&nbsp;&nbsp;&nbsp;8-26-2024 | &nbsp;&nbsp;$115000 | &nbsp;&nbsp;$112717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLB | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;4-14-2025 | &nbsp;&nbsp; 130000 | &nbsp;&nbsp;&nbsp;&nbsp; 119447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLB | 0.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-4-2026 | &nbsp;&nbsp; 75000 | &nbsp;&nbsp;&nbsp;&nbsp; 66876 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLB | 2.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-13-2024 | &nbsp;&nbsp; 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9765 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLB | 2.75 | &nbsp;&nbsp;12-13-2024 | &nbsp;&nbsp; 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 19327 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLB | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;12-8-2023 | &nbsp;&nbsp; 125000 | &nbsp;&nbsp;&nbsp;&nbsp; 123196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FHLMC | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-21-2025 | &nbsp;&nbsp; 95000 | &nbsp;&nbsp;&nbsp;&nbsp; 86008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;8-25-2025 | &nbsp;&nbsp; 60000 | &nbsp;&nbsp;&nbsp;&nbsp; 54163 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 1.88 | &nbsp;&nbsp;&nbsp;&nbsp;9-24-2026 | &nbsp;&nbsp; 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9244 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 2.13 | &nbsp;&nbsp;&nbsp;&nbsp;4-24-2026 | &nbsp;&nbsp; 28000 | &nbsp;&nbsp;&nbsp;&nbsp; 26270 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;FNMA | 6.63 | &nbsp;&nbsp;11-15-2030 | &nbsp;&nbsp; 30000 | &nbsp;&nbsp;&nbsp;&nbsp; 35152 |
| &nbsp;&nbsp;**Total Agency securities (Cost $687,123)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **662165** |
| &nbsp;&nbsp;**U.S. Treasury securities: 96.82%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2024 | &nbsp;&nbsp; 278730 | &nbsp;&nbsp;&nbsp;&nbsp; 270526 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;10-15-2024 | &nbsp;&nbsp; 381734 | &nbsp;&nbsp;&nbsp;&nbsp; 369156 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp; 218325 | &nbsp;&nbsp;&nbsp;&nbsp; 209285 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;10-15-2025 | &nbsp;&nbsp; 674854 | &nbsp;&nbsp;&nbsp;&nbsp; 646911 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2026 | &nbsp;&nbsp; 124495 | &nbsp;&nbsp;&nbsp;&nbsp; 118032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;1197268 | &nbsp;&nbsp;&nbsp;&nbsp; 1138655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2027 | &nbsp;&nbsp; 646451 | &nbsp;&nbsp;&nbsp;&nbsp; 609135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2030 | &nbsp;&nbsp;1009348 | &nbsp;&nbsp;&nbsp;&nbsp; 921450 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2030 | &nbsp;&nbsp; 746620 | &nbsp;&nbsp;&nbsp;&nbsp; 680834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2031 | &nbsp;&nbsp; 233721 | &nbsp;&nbsp;&nbsp;&nbsp; 211748 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2031 | &nbsp;&nbsp;503835 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;454954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2032 | &nbsp;&nbsp;626339 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;561079 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2025 | &nbsp;&nbsp;37591 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2029 | &nbsp;&nbsp;17404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16171 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2025 | &nbsp;&nbsp;43803 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp;190438 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;181637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2027 | &nbsp;&nbsp;1195061 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1140525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2024 | &nbsp;&nbsp;1394449 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1359669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2028 | &nbsp;&nbsp;415101 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;395810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.63 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2026 | &nbsp;&nbsp;137404 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2032 | &nbsp;&nbsp;520957 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489971 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.75 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2028 | &nbsp;&nbsp;449289 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 0.88 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2029 | &nbsp;&nbsp;599444 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;579330 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 1.63 | &nbsp;&nbsp;10-15-2027 | &nbsp;&nbsp;325611 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2026 | &nbsp;&nbsp;119634 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120627 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2025 | &nbsp;&nbsp;1265882 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1276249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2027 | &nbsp;&nbsp;217810 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;224874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 2.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2029 | &nbsp;&nbsp;41470 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43904 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2032 | &nbsp;&nbsp;335000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 3.38 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2032 | &nbsp;&nbsp;167204 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195763 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 3.63 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2028 | &nbsp;&nbsp;18350 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;TIPS | 3.88 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2029 | &nbsp;&nbsp;379124 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;432951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bond | 6.13 | &nbsp;&nbsp;11-15-2027 | &nbsp;&nbsp;215000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;236559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bond | 6.13 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2029 | &nbsp;&nbsp;115000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bond | 6.38 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2027 | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138081 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Bond | 6.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;20000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.13 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2024 | &nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;326807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.25 | &nbsp;&nbsp;&nbsp;&nbsp;7-31-2025 | &nbsp;&nbsp;470000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;424432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2024 | &nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-31-2027 | &nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157799 |

---

See accompanying notes to portfolio of investments

------

Allspring Strategic Retirement Bond Portfolio \| 1

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**U.S. Treasury securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.50% | &nbsp;&nbsp;&nbsp;&nbsp;2-28-2026 | &nbsp;&nbsp;$255000 | &nbsp;&nbsp;$227677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2027 | &nbsp;&nbsp; 320000 | &nbsp;&nbsp;&nbsp;&nbsp; 275063 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2027 | &nbsp;&nbsp; 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 8552 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.63 | &nbsp;&nbsp;10-15-2024 | &nbsp;&nbsp; 240000 | &nbsp;&nbsp;&nbsp;&nbsp; 223866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.63 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2030 | &nbsp;&nbsp; 300000 | &nbsp;&nbsp;&nbsp;&nbsp; 241125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.63 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2030 | &nbsp;&nbsp; 45000 | &nbsp;&nbsp;&nbsp;&nbsp; 35947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.75 | &nbsp;&nbsp;&nbsp;&nbsp;3-31-2026 | &nbsp;&nbsp; 50000 | &nbsp;&nbsp;&nbsp;&nbsp; 44963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.75 | &nbsp;&nbsp;&nbsp;&nbsp;5-31-2026 | &nbsp;&nbsp; 140000 | &nbsp;&nbsp;&nbsp;&nbsp; 125147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 0.88 | &nbsp;&nbsp;11-15-2030 | &nbsp;&nbsp; 265000 | &nbsp;&nbsp;&nbsp;&nbsp; 215323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;7-31-2028 | &nbsp;&nbsp; 630000 | &nbsp;&nbsp;&nbsp;&nbsp; 540200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.13 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2031 | &nbsp;&nbsp; 915000 | &nbsp;&nbsp;&nbsp;&nbsp; 757947 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2028 | &nbsp;&nbsp; 120000 | &nbsp;&nbsp;&nbsp;&nbsp; 105014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.38 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2026 | &nbsp;&nbsp; 380000 | &nbsp;&nbsp;&nbsp;&nbsp; 345696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.38 | &nbsp;&nbsp;10-31-2028 | &nbsp;&nbsp; 205000 | &nbsp;&nbsp;&nbsp;&nbsp; 178702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2026 | &nbsp;&nbsp; 325000 | &nbsp;&nbsp;&nbsp;&nbsp; 297248 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.50 | &nbsp;&nbsp;&nbsp;&nbsp;1-31-2027 | &nbsp;&nbsp; 275000 | &nbsp;&nbsp;&nbsp;&nbsp; 249563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.50 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2030 | &nbsp;&nbsp; 140000 | &nbsp;&nbsp;&nbsp;&nbsp; 120941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.63 | &nbsp;&nbsp;11-30-2026 | &nbsp;&nbsp; 410000 | &nbsp;&nbsp;&nbsp;&nbsp; 375070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.75 | &nbsp;&nbsp;11-15-2029 | &nbsp;&nbsp; 85000 | &nbsp;&nbsp;&nbsp;&nbsp; 75308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2024 | &nbsp;&nbsp; 160000 | &nbsp;&nbsp;&nbsp;&nbsp; 152963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.88 | &nbsp;&nbsp;&nbsp;&nbsp;7-31-2026 | &nbsp;&nbsp; 20000 | &nbsp;&nbsp;&nbsp;&nbsp; 18570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 1.88 | &nbsp;&nbsp;&nbsp;&nbsp;2-28-2029 | &nbsp;&nbsp; 445000 | &nbsp;&nbsp;&nbsp;&nbsp; 398188 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2024 | &nbsp;&nbsp; 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9642 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;5-31-2024 | &nbsp;&nbsp;269000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2024 | &nbsp;&nbsp;185000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177875 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2025 | &nbsp;&nbsp;37000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.00 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;222148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.13 | &nbsp;&nbsp;&nbsp;&nbsp;2-29-2024 | &nbsp;&nbsp;378000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-31-2024 | &nbsp;&nbsp;24000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.25 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2024 | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.25 | &nbsp;&nbsp;11-15-2024 | &nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.25 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2027 | &nbsp;&nbsp;40000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;37253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.25 | &nbsp;&nbsp;11-15-2027 | &nbsp;&nbsp;390000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;361969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.38 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2024 | &nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;231563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2024 | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;228051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.63 | &nbsp;&nbsp;12-31-2023 | &nbsp;&nbsp;375000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;366768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.63 | &nbsp;&nbsp;&nbsp;&nbsp;3-31-2025 | &nbsp;&nbsp;345000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;333221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.63 | &nbsp;&nbsp;&nbsp;&nbsp;1-31-2026 | &nbsp;&nbsp;445000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;426227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.63 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2029 | &nbsp;&nbsp;85000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;79462 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.63 | &nbsp;&nbsp;&nbsp;&nbsp;7-31-2029 | &nbsp;&nbsp;95000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;88632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2024 | &nbsp;&nbsp;35000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34223 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;8-31-2025 | &nbsp;&nbsp;325000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;313384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2028 | &nbsp;&nbsp;240000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;227597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;4-30-2025 | &nbsp;&nbsp;10000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9689 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;5-31-2025 | &nbsp;&nbsp;490000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;474592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.88 | &nbsp;&nbsp;11-30-2025 | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2028 | &nbsp;&nbsp;250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;238125 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2028 | &nbsp;&nbsp;245000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 2.88 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2032 | &nbsp;&nbsp;125000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;117168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 6.00 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2026 | &nbsp;&nbsp;146000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;154298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 6.50 | &nbsp;&nbsp;11-15-2026 | &nbsp;&nbsp;30000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;32747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 6.63 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2027 | &nbsp;&nbsp;235000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;258812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Note | 6.75 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2026 | &nbsp;&nbsp;220000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240651 |
| &nbsp;&nbsp;**Total U.S. Treasury securities (Cost $28,690,063)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**26791170** |

---

See accompanying notes to portfolio of investments

------

2 \| Allspring Strategic Retirement Bond Portfolio

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** | &nbsp;&nbsp;**Shares** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Short-term investments: 3.34%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 3.34%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞ |  | 3.60% | &nbsp;&nbsp;&nbsp;&nbsp; 924186 | &nbsp;&nbsp;**$924186** |
| &nbsp;&nbsp;**Total Short-term investments (Cost $924,186)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **924186** |
| &nbsp;&nbsp;**Total investments in securities (Cost $30,301,372)** | 102.56% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;28377521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;(2.56) |  |  | &nbsp;&nbsp;&nbsp;&nbsp; (707041) |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$27670480** |

---

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| FFCB | &nbsp;&nbsp;&nbsp;Federal Farm Credit Banks |
| FHLB | &nbsp;&nbsp;&nbsp;Federal Home Loan Bank |
| FHLMC | &nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corporation |
| FNMA | &nbsp;&nbsp;&nbsp;Federal National Mortgage Association |
| TIPS | &nbsp;&nbsp;&nbsp;Treasury Inflation-Protected Securities |

---

#### Investments in affiliates
An affiliated investment is an investment in which the Portfolio owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Portfolio and the issuer having the same adviser or investment manager. Transactions with issuers that were affiliates of the Portfolio 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 | $331202 | $17185967 | $(16592983) | $0 | $0 | $924186 | 924186 | $8154 |

---

See accompanying notes to portfolio of investments

------

Allspring Strategic Retirement Bond Portfolio \| 3

------

Notes to portfolio of investments—November 30, 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 Portfolio may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g. taking into account various factors, including yields, maturities, or credit ratings) 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.

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.

Inflation-indexed bonds and TIPS

The Portfolio may invest in inflation-indexed bonds, including Treasury inflation-protected securities (TIPS). Inflation-indexed bonds are fixed income securities whose principal value is periodically adjusted according to the rate of inflation. If the index measuring inflation falls, the principal value of inflation-indexed bonds (other than municipal inflation-indexed bonds and certain corporate inflation-indexed bonds) will be adjusted downward, and consequently the interest payable on these securities (calculated with respect to a smaller principal amount) will be reduced. Repayment of the original bond principal upon maturity (as adjusted for inflation) is guaranteed in the case of U.S. Treasury inflation-indexed bonds. For bonds that do not provide a similar guarantee, the adjusted principal value of the bond repaid at maturity may be less than the original principal. The value of inflation-indexed bonds is expected to change in response to changes in real interest rates. Real interest rates are tied to the relationship between nominal interest rates and the rate of inflation. If nominal interest rates increase at a faster rate than inflation, real interest rates may rise, leading to a decrease in value of inflation-indexed bonds. Inflation-indexed bonds, including TIPS, decline in value when real interest rates rise. In certain interest rate environments, such as when real interest rates are rising faster than nominal interest rates, inflation-indexed bonds may experience greater losses than other fixed income securities with similar durations.

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 Portfolio'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 Portfolio'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 Portfolio'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.

------

4 \| Allspring Strategic Retirement Bond Portfolio

------

Notes to portfolio of investments—November 30, 2022 (unaudited)

------

The following is a summary of the inputs used in valuing the Portfolio's assets and liabilities as of November 30, 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;**Agency securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$662165 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$662165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**U.S. Treasury securities** | &nbsp;&nbsp;&nbsp;&nbsp;26791170 | &nbsp;&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;26791170 |
| &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;924186 | &nbsp;&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;924186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$27715356** | &nbsp;&nbsp;&nbsp;&nbsp;**$662165** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$28377521** |

---

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

For the nine months ended November 30, 2022, the Portfolio did not have any transfers into/out of Level 3.

------

Allspring Strategic Retirement Bond Portfolio \| 5

## 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 MASTER TRUST

- **b. Investment Company Act file number:** 811-09689

- **c. CIK number of Registrant:** 0001087961

- **d. LEI of Registrant:** 549300RK07I40T8DF120

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

  - **Street Address 1:** 525 MARKET STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-222-8222

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

- **a. Name of Series:** Allspring Strategic Retirement Bond Portfolio

- **b. EDGAR series identifier (if any):** S000057919

- **c. LEI of Series:** 549300ORTK7ZQ24VTR17

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

- **a. Date of fiscal year-end:** 2023-02-28

- **b. Date as of which information is reported:** 2022-11-30

**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:** $27703539.58

**Total Liabilities:** $41381.83

**Net Assets:** $27662157.75

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -0.01000000 | **1-Year:** -9.55000000 | **5-Year:** -11.14000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000188029 | -3.79%               | 0.31%                | 1.44%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-316906.34              | $-762985.02                                |
| Month 2  | $-175643.48              | $239150.74                                 |
| Month 3  | $-59572.00               | $398201.92                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AFW94<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     10000 | PA      | $9764.99      | 0.04%             | 2024-02-13      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828YD6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    380000 | PA      | $345696.09    | 1.25%             | 2026-08-31      | Fixed         | 1.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CAH4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     10000 | PA      | $8552.34      | 0.03%             | 2027-08-31      | Fixed         | 0.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 91282CFR7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    325611 | PA      | $329197.81    | 1.19%             | 2027-10-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828YS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     85000 | PA      | $75308.01     | 0.27%             | 2029-11-15      | Fixed         | 1.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128286B1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     85000 | PA      | $79461.72     | 0.29%             | 2029-02-15      | Fixed         | 2.63%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128284F4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    345000 | PA      | $333221.49    | 1.20%             | 2025-03-31      | Fixed         | 2.63%                 | No            |                  1 | On Loan: No      |
| Fannie Mae                     | Federal National Mortgage Association          | CUSIP: 31359MGK3<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |     30000 | PA      | $35152.11     | 0.13%             | 2030-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 91282CCM1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    503835 | PA      | $454953.96    | 1.64%             | 2031-07-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CFF3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    190000 | PA      | $175987.50    | 0.64%             | 2032-08-15      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CBM2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    345000 | PA      | $326806.64    | 1.18%             | 2024-02-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 9128287D6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     17404 | PA      | $16170.67     | 0.06%             | 2029-07-15      | Fixed         | 0.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912810PS1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    217810 | PA      | $224874.06    | 0.81%             | 2027-01-15      | Fixed         | 2.38%                 | No            |                  1 | On Loan: No      |
| Fannie Mae                     | Federal National Mortgage Association          | CUSIP: 3135G0Q22<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |     10000 | PA      | $9244.00      | 0.03%             | 2026-09-24      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828ZV5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    320000 | PA      | $275062.50    | 0.99%             | 2027-06-30      | Fixed         | 0.50%                 | No            |                  1 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130A3GE8<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     20000 | PA      | $19327.14     | 0.07%             | 2024-12-13      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CBT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     50000 | PA      | $44962.89     | 0.16%             | 2026-03-31      | Fixed         | 0.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828YU8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    410000 | PA      | $375069.92    | 1.36%             | 2026-11-30      | Fixed         | 1.63%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912810EZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    235000 | PA      | $258812.11    | 0.94%             | 2027-02-15      | Fixed         | 6.63%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912810FQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    167204 | PA      | $195762.57    | 0.71%             | 2032-04-15      | Fixed         | 3.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128282A7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    325000 | PA      | $297248.05    | 1.07%             | 2026-08-15      | Fixed         | 1.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 91282CAQ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    674854 | PA      | $646910.63    | 2.34%             | 2025-10-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828W48<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    378000 | PA      | $366468.05    | 1.32%             | 2024-02-29      | Fixed         | 2.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912810EV6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20000 | PA      | $21356.25     | 0.08%             | 2025-08-15      | Fixed         | 6.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912810EW4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    146000 | PA      | $154298.05    | 0.56%             | 2026-02-15      | Fixed         | 6.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    630000 | PA      | $540200.39    | 1.95%             | 2028-07-31      | Fixed         | 1.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CBQ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    255000 | PA      | $227677.15    | 0.82%             | 2026-02-28      | Fixed         | 0.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CAD3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    185000 | PA      | $157799.22    | 0.57%             | 2027-07-31      | Fixed         | 0.38%                 | No            |                  1 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR | ALLSPRING GOVERNMENT MONEY MAR                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    924187 | NS      | $924186.85    | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912810FR4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1376104 | PA      | $1387374.69   | 5.02%             | 2025-01-15      | Fixed         | 2.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128284V9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    245000 | PA      | $233008.40    | 0.84%             | 2028-08-15      | Fixed         | 2.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828X70<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     10000 | PA      | $9642.19      | 0.03%             | 2024-04-30      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912810PZ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     41470 | PA      | $43904.10     | 0.16%             | 2029-01-15      | Fixed         | 2.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CCX7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    245000 | PA      | $228031.84    | 0.82%             | 2024-09-15      | Fixed         | 0.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128284Z0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    325000 | PA      | $313383.79    | 1.13%             | 2025-08-31      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828WJ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    235000 | PA      | $228050.98    | 0.82%             | 2024-05-15      | Fixed         | 2.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     45000 | PA      | $35947.27     | 0.13%             | 2030-08-15      | Fixed         | 0.63%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828Y38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    449289 | PA      | $434049.64    | 1.57%             | 2028-07-15      | Fixed         | 0.75%                 | No            |                  1 | On Loan: No      |
| Fannie Mae                     | Federal National Mortgage Association          | CUSIP: 3135G0K36<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |     28000 | PA      | $26269.60     | 0.09%             | 2026-04-24      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912810FD5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     18350 | PA      | $20324.87     | 0.07%             | 2028-04-15      | Fixed         | 3.63%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912810EX2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    220000 | PA      | $240650.78    | 0.87%             | 2026-08-15      | Fixed         | 6.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828D56<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    240000 | PA      | $231562.50    | 0.84%             | 2024-08-15      | Fixed         | 2.38%                 | No            |                  1 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130A0F70<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |    125000 | PA      | $123196.38    | 0.45%             | 2023-12-08      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CBL4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    915000 | PA      | $757948.83    | 2.74%             | 2031-02-15      | Fixed         | 1.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828J27<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     37000 | PA      | $35217.93     | 0.13%             | 2025-02-15      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828Z94<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    140000 | PA      | $120941.41    | 0.44%             | 2030-02-15      | Fixed         | 1.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CEB3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    445000 | PA      | $398188.09    | 1.44%             | 2029-02-28      | Fixed         | 1.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128284N7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    250000 | PA      | $238125.00    | 0.86%             | 2028-05-15      | Fixed         | 2.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828B66<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     35000 | PA      | $34223.44     | 0.12%             | 2024-02-15      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| FANNIE MAE                     | Federal National Mortgage Association          | CUSIP: 3135G05X7<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | DBT              | USGSE             | US        |     60000 | PA      | $54163.26     | 0.20%             | 2025-08-25      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128285N6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    125000 | PA      | $120781.25    | 0.44%             | 2025-11-30      | Fixed         | 2.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828Y95<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20000 | PA      | $18569.53     | 0.07%             | 2026-07-31      | Fixed         | 1.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828Z37<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1009348 | PA      | $921450.16    | 3.33%             | 2030-01-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828V49<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    190438 | PA      | $181637.35    | 0.66%             | 2027-01-15      | Fixed         | 0.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 9128282L3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1195061 | PA      | $1140524.76   | 4.12%             | 2027-07-15      | Fixed         | 0.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CAB7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    470000 | PA      | $424432.03    | 1.53%             | 2025-07-31      | Fixed         | 0.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128283W8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    240000 | PA      | $227596.87    | 0.82%             | 2028-02-15      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CDM0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    240000 | PA      | $230090.63    | 0.83%             | 2023-11-30      | Fixed         | 0.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912810EY0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     30000 | PA      | $32746.88     | 0.12%             | 2026-11-15      | Fixed         | 6.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828WU0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    278730 | PA      | $270525.91    | 0.98%             | 2024-07-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912810FB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    215000 | PA      | $236558.79    | 0.86%             | 2027-11-15      | Fixed         | 6.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912810FJ2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    115000 | PA      | $130542.97    | 0.47%             | 2029-08-15      | Fixed         | 6.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CFC0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     95000 | PA      | $88632.03     | 0.32%             | 2029-07-31      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128286R6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    235000 | PA      | $227390.04    | 0.82%             | 2024-04-30      | Fixed         | 2.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828G38<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    240000 | PA      | $230484.37    | 0.83%             | 2024-11-15      | Fixed         | 2.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828K74<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    235000 | PA      | $222148.44    | 0.80%             | 2025-08-15      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CDB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    240000 | PA      | $223865.63    | 0.81%             | 2024-10-15      | Fixed         | 0.63%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CCF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    140000 | PA      | $125146.88    | 0.45%             | 2026-05-31      | Fixed         | 0.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 91282CBF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    233720 | PA      | $211748.34    | 0.77%             | 2031-01-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130ALEY6<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     75000 | PA      | $66876.08     | 0.24%             | 2026-03-04      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128282R0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     40000 | PA      | $37253.12     | 0.13%             | 2027-08-15      | Fixed         | 2.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828V80<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     24000 | PA      | $23354.06     | 0.08%             | 2024-01-31      | Fixed         | 2.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128286A3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    445000 | PA      | $426226.56    | 1.54%             | 2026-01-31      | Fixed         | 2.63%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 9128283R9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    415101 | PA      | $395810.27    | 1.43%             | 2028-01-15      | Fixed         | 0.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 9128285W6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    599444 | PA      | $579329.65    | 2.09%             | 2029-01-15      | Fixed         | 0.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CBZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    120000 | PA      | $105014.06    | 0.38%             | 2028-04-30      | Fixed         | 1.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128284M9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     10000 | PA      | $9689.45      | 0.04%             | 2025-04-30      | Fixed         | 2.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CDF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    205000 | PA      | $178702.34    | 0.65%             | 2028-10-31      | Fixed         | 1.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128282U3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    160000 | PA      | $152962.50    | 0.55%             | 2024-08-31      | Fixed         | 1.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828XT2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    269000 | PA      | $258975.55    | 0.94%             | 2024-05-31      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912810FA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    125000 | PA      | $138081.06    | 0.50%             | 2027-08-15      | Fixed         | 6.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128283F5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     50000 | PA      | $46406.25     | 0.17%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912810FH6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    379124 | PA      | $432951.14    | 1.57%             | 2029-04-15      | Fixed         | 3.88%                 | No            |                  1 | On Loan: No      |
| FREDDIE MAC                    | Federal Home Loan Mortgage Corp                | CUSIP: 3137EAEU9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |     95000 | PA      | $86007.86     | 0.31%             | 2025-07-21      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828WE6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     16000 | PA      | $15696.25     | 0.06%             | 2023-11-15      | Fixed         | 2.75%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    125000 | PA      | $117167.97    | 0.42%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 91282CEZ0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    408588 | PA      | $384285.52    | 1.39%             | 2032-07-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN BANK         | Federal Home Loan Banks                        | CUSIP: 3130AFFX0<br>LEI: 2549001DPIFGXC1TOL40 | Long             | DBT              | USGSE             | US        |     35000 | PA      | $33854.24     | 0.12%             | 2028-11-16      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 91282CAV3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    265000 | PA      | $215322.85    | 0.78%             | 2030-11-15      | Fixed         | 0.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828ZQ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    300000 | PA      | $241125.00    | 0.87%             | 2030-05-15      | Fixed         | 0.63%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128284R8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    490000 | PA      | $474591.80    | 1.72%             | 2025-05-31      | Fixed         | 2.88%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 91282CDX6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    508559 | PA      | $455570.64    | 1.65%             | 2032-01-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828XX3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    185000 | PA      | $177874.61    | 0.64%             | 2024-06-30      | Fixed         | 2.00%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828H45<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     37591 | PA      | $36282.85     | 0.13%             | 2025-01-15      | Fixed         | 0.25%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 912828Z78<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    275000 | PA      | $249562.50    | 0.90%             | 2027-01-31      | Fixed         | 1.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828YL8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    381734 | PA      | $369156.26    | 1.33%             | 2024-10-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828ZZ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    746620 | PA      | $680833.61    | 2.46%             | 2030-07-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 9128286N5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1394449 | PA      | $1359669.23   | 4.92%             | 2024-04-15      | Fixed         | 0.50%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828XL9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     43803 | PA      | $42304.54     | 0.15%             | 2025-07-15      | Fixed         | 0.38%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 91282CEJ6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    646451 | PA      | $609134.96    | 2.20%             | 2027-04-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Inflation Indexed Bonds | CUSIP: 912828S50<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1519210 | PA      | $1444837.00   | 5.22%             | 2026-07-15      | Fixed         | 0.13%                 | No            |                  1 | On Loan: No      |
| United States Treasury         | United States Treasury Note/Bond               | CUSIP: 9128285U0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    375000 | PA      | $366767.58    | 1.33%             | 2023-12-31      | Fixed         | 2.63%                 | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-30

**Name of Applicant:** ALLSPRING MASTER TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer