# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-25-203570
**Filing Date:** 2025-8
**Character Count:** 61067
**Document Hash:** a7b9a20ceb675f40b722c2cb7888a245
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203570.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203570

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20250930

**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:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 251253268

**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 Diversified Capital Builder Fund (Series ID: S000029102)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000089469 | Class A             | EKBAX           |
| C000089471 | Class C             | EKBCX           |
| C000089472 | Institutional Class | EKBYX           |
| C000092803 | Administrator Class | EKBDX           |

## Nport-Ex

Portfolio of investments—June 30, 2025 (unaudited)

Portfolio of investments

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

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Common stocks: 83.00%** |  |  |
| **Consumer discretionary: 0.16%** |  |  |
| **Distributors: 0.16%** |  |  |
| &nbsp;&nbsp;&nbsp; Genuine Parts Co. | 20000 | &nbsp;&nbsp; **$2426200** |
| **Energy: 14.48%** |  |  |
| **Energy equipment & services: 3.80%** |  |  |
| &nbsp;&nbsp;&nbsp; Baker Hughes Co. Class A | 750000 | &nbsp;&nbsp; 28755000 |
| &nbsp;&nbsp;&nbsp; Schlumberger NV | 880000 | &nbsp;&nbsp; 29744000 |
|  |  | &nbsp;&nbsp; **58499000** |
| **Oil, gas & consumable fuels: 10.68%** |  |  |
| &nbsp;&nbsp;&nbsp; Cheniere Energy, Inc. | 195000 | &nbsp;&nbsp; 47486400 |
| &nbsp;&nbsp;&nbsp; Devon Energy Corp. | 700000 | &nbsp;&nbsp; 22267000 |
| &nbsp;&nbsp;&nbsp; EOG Resources, Inc. | 180000 | &nbsp;&nbsp; 21529800 |
| &nbsp;&nbsp;&nbsp; EQT Corp. | 110000 | &nbsp;&nbsp; 6415200 |
| &nbsp;&nbsp;&nbsp; ONEOK, Inc. | 350000 | &nbsp;&nbsp; 28570500 |
| &nbsp;&nbsp;&nbsp; Targa Resources Corp. | 220000 | &nbsp;&nbsp; 38297600 |
|  |  | &nbsp;&nbsp; **164566500** |
| **Health care: 2.78%** |  |  |
| **Biotechnology: 2.00%** |  |  |
| &nbsp;&nbsp;&nbsp; BioMarin Pharmaceutical, Inc.† | 100000 | &nbsp;&nbsp; 5497000 |
| &nbsp;&nbsp;&nbsp; Neurocrine Biosciences, Inc.† | 195000 | &nbsp;&nbsp; 24509550 |
| &nbsp;&nbsp;&nbsp; Sarepta Therapeutics, Inc.† | 50000 | &nbsp;&nbsp; 855000 |
|  |  | &nbsp;&nbsp; **30861550** |
| **Health care equipment & supplies: 0.63%** |  |  |
| &nbsp;&nbsp;&nbsp; Boston Scientific Corp.† | 90000 | &nbsp;&nbsp; **9666900** |
| **Pharmaceuticals: 0.15%** |  |  |
| &nbsp;&nbsp;&nbsp; Eli Lilly & Co. | 3000 | &nbsp;&nbsp; **2338590** |
| **Industrials: 22.67%** |  |  |
| **Aerospace & defense: 5.10%** |  |  |
| &nbsp;&nbsp;&nbsp; ATI, Inc.† | 250000 | &nbsp;&nbsp; 21585000 |
| &nbsp;&nbsp;&nbsp; Curtiss-Wright Corp. | 93000 | &nbsp;&nbsp; 45435150 |
| &nbsp;&nbsp;&nbsp; HEICO Corp. | 35000 | &nbsp;&nbsp; 11480000 |
|  |  | &nbsp;&nbsp; **78500150** |
| **Commercial services & supplies: 2.65%** |  |  |
| &nbsp;&nbsp;&nbsp; Cintas Corp. | 90000 | &nbsp;&nbsp; 20058300 |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc.† | 90000 | &nbsp;&nbsp; 20806200 |
|  |  | &nbsp;&nbsp; **40864500** |
| **Construction & engineering: 0.62%** |  |  |
| &nbsp;&nbsp;&nbsp; Dycom Industries, Inc.† | 8000 | &nbsp;&nbsp; 1955120 |
| &nbsp;&nbsp;&nbsp; Quanta Services, Inc. | 20000 | &nbsp;&nbsp; 7561600 |
|  |  | &nbsp;&nbsp; **9516720** |

---

See accompanying notes to portfolio of investments

Allspring Diversified Capital Builder Fund \| 1

------

Portfolio of investments—June 30, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Electrical equipment: 6.82%** |  |  |
| &nbsp;&nbsp;&nbsp; AMETEK, Inc. | 145000 | &nbsp;&nbsp; $26239200 |
| &nbsp;&nbsp;&nbsp; Eaton Corp. PLC | 45000 | &nbsp;&nbsp; 16064550 |
| &nbsp;&nbsp;&nbsp; Emerson Electric Co. | 315000 | &nbsp;&nbsp; 41998950 |
| &nbsp;&nbsp;&nbsp; Regal Rexnord Corp. | 55000 | &nbsp;&nbsp; 7972800 |
| &nbsp;&nbsp;&nbsp; Vertiv Holdings Co. Class A | 100000 | &nbsp;&nbsp; 12841000 |
|  |  | &nbsp;&nbsp; **105116500** |
| **Machinery: 4.61%** |  |  |
| &nbsp;&nbsp;&nbsp; Crane Co. | 15008 | &nbsp;&nbsp; 2849869 |
| &nbsp;&nbsp;&nbsp; Flowserve Corp. | 270000 | &nbsp;&nbsp; 14134500 |
| &nbsp;&nbsp;&nbsp; IDEX Corp. | 10000 | &nbsp;&nbsp; 1755700 |
| &nbsp;&nbsp;&nbsp; ITT, Inc. | 95000 | &nbsp;&nbsp; 14898850 |
| &nbsp;&nbsp;&nbsp; Oshkosh Corp. | 20000 | &nbsp;&nbsp; 2270800 |
| &nbsp;&nbsp;&nbsp; Parker-Hannifin Corp. | 17000 | &nbsp;&nbsp; 11873990 |
| &nbsp;&nbsp;&nbsp; Timken Co. | 320000 | &nbsp;&nbsp; 23216000 |
|  |  | &nbsp;&nbsp; **70999709** |
| **Professional services: 2.87%** |  |  |
| &nbsp;&nbsp;&nbsp; Leidos Holdings, Inc. | 280000 | &nbsp;&nbsp; **44172800** |
| **Information technology: 37.54%** |  |  |
| **Communications equipment: 1.23%** |  |  |
| &nbsp;&nbsp;&nbsp; Motorola Solutions, Inc. | 45000 | &nbsp;&nbsp; **18920700** |
| **Electronic equipment, instruments & components: 8.97%** |  |  |
| &nbsp;&nbsp;&nbsp; Amphenol Corp. Class A | 640000 | &nbsp;&nbsp; 63200000 |
| &nbsp;&nbsp;&nbsp; Crane NXT Co. | 90000 | &nbsp;&nbsp; 4851000 |
| &nbsp;&nbsp;&nbsp; Jabil, Inc. | 145000 | &nbsp;&nbsp; 31624500 |
| &nbsp;&nbsp;&nbsp; Teledyne Technologies, Inc.† | 75000 | &nbsp;&nbsp; 38423250 |
|  |  | &nbsp;&nbsp; **138098750** |
| **IT services: 3.06%** |  |  |
| &nbsp;&nbsp;&nbsp; International Business Machines Corp. | 160000 | &nbsp;&nbsp; **47164800** |
| **Semiconductors & semiconductor equipment: 19.47%** |  |  |
| &nbsp;&nbsp;&nbsp; Advanced Micro Devices, Inc.† | 410000 | &nbsp;&nbsp; 58179000 |
| &nbsp;&nbsp;&nbsp; Broadcom, Inc. | 280000 | &nbsp;&nbsp; 77182000 |
| &nbsp;&nbsp;&nbsp; Marvell Technology, Inc. | 560000 | &nbsp;&nbsp; 43344000 |
| &nbsp;&nbsp;&nbsp; Micron Technology, Inc. | 630000 | &nbsp;&nbsp; 77647500 |
| &nbsp;&nbsp;&nbsp; NVIDIA Corp. | 270000 | &nbsp;&nbsp; 42657300 |
| &nbsp;&nbsp;&nbsp; Synaptics, Inc.† | 15000 | &nbsp;&nbsp; 972300 |
|  |  | &nbsp;&nbsp; **299982100** |
| **Software: 4.81%** |  |  |
| &nbsp;&nbsp;&nbsp; Adobe, Inc.† | 55000 | &nbsp;&nbsp; 21278400 |
| &nbsp;&nbsp;&nbsp; ANSYS, Inc.† | 45000 | &nbsp;&nbsp; 15804900 |
| &nbsp;&nbsp;&nbsp; Autodesk, Inc.† | 45000 | &nbsp;&nbsp; 13930650 |
| &nbsp;&nbsp;&nbsp; Synopsys, Inc.† | 45000 | &nbsp;&nbsp; 23070600 |
|  |  | &nbsp;&nbsp; **74084550** |

---

See accompanying notes to portfolio of investments

2 \| Allspring Diversified Capital Builder Fund

------

Portfolio of investments—June 30, 2025 (unaudited)

---

| | | |
|:---|:---|:---|
|  | Shares | Value |
| **Materials: 1.36%** |  |  |
| **Chemicals: 0.90%** |  |  |
| &nbsp;&nbsp;&nbsp; Eastman Chemical Co. | 80000 | &nbsp;&nbsp; $5972800 |
| &nbsp;&nbsp;&nbsp; Westlake Corp. | 105000 | &nbsp;&nbsp; 7972650 |
|  |  | &nbsp;&nbsp; **13945450** |
| **Containers & packaging: 0.46%** |  |  |
| &nbsp;&nbsp;&nbsp; AptarGroup, Inc. | 45000 | &nbsp;&nbsp; **7039350** |
| **Real estate: 0.53%** |  |  |
| **Specialized REITs: 0.53%** |  |  |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc. | 80000 | &nbsp;&nbsp; **8205600** |
| **Utilities: 3.48%** |  |  |
| **Electric utilities: 0.10%** |  |  |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc. | 10000 | &nbsp;&nbsp; **1605800** |
| **Gas utilities: 0.35%** |  |  |
| &nbsp;&nbsp;&nbsp; Atmos Energy Corp. | 35000 | &nbsp;&nbsp; **5393850** |
| **Independent power and renewable electricity producers: 2.20%** |  |  |
| &nbsp;&nbsp;&nbsp; Vistra Corp. | 175000 | &nbsp;&nbsp; **33916750** |
| **Multi-utilities: 0.83%** |  |  |
| &nbsp;&nbsp;&nbsp; CMS Energy Corp. | 160000 | &nbsp;&nbsp; 11084800 |
| &nbsp;&nbsp;&nbsp; NiSource, Inc. | 40000 | &nbsp;&nbsp; 1613600 |
|  |  | &nbsp;&nbsp; **12698400** |
| **Total common stocks (Cost $790,029,836)** |  | &nbsp;&nbsp; **1278585219** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal |  |
| **Corporate bonds and notes: 15.62%** |  |  |  |  |
| **Basic materials: 1.38%** |  |  |  |  |
| **Iron/steel: 1.38%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; ATI, Inc. | 7.25<br> %<br>| &nbsp;&nbsp; 8-15-2030 | $6532000 | &nbsp;&nbsp; 6844902 |
| &nbsp;&nbsp;&nbsp; Cleveland-Cliffs, Inc.144A | 6.75 | &nbsp;&nbsp; 4-15-2030 | 15000000 | &nbsp;&nbsp; 14504462 |
|  |  |  |  | &nbsp;&nbsp; **21349364** |
| **Consumer, cyclical: 0.36%** |  |  |  |  |
| **Retail: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Genuine Parts Co. | 6.88 | &nbsp;&nbsp; 11-1-2033 | 5000000 | &nbsp;&nbsp; **5551651** |
| **Consumer, non-cyclical: 3.91%** |  |  |  |  |
| **Commercial services: 0.68%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; AMN Healthcare, Inc.144A | 4.00 | &nbsp;&nbsp; 4-15-2029 | 1000000 | &nbsp;&nbsp; 927048 |
| &nbsp;&nbsp;&nbsp; AMN Healthcare, Inc.144A | 4.63 | &nbsp;&nbsp; 10-1-2027 | 1000000 | &nbsp;&nbsp; 972715 |
| &nbsp;&nbsp;&nbsp; Valvoline, Inc.144A | 3.63 | &nbsp;&nbsp; 6-15-2031 | 9495000 | &nbsp;&nbsp; 8597224 |
|  |  |  |  | &nbsp;&nbsp; **10496987** |
| **Food: 0.91%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc.144A | 4.50 | &nbsp;&nbsp; 9-15-2031 | 8435000 | &nbsp;&nbsp; 7829445 |

---

See accompanying notes to portfolio of investments

Allspring Diversified Capital Builder Fund \| 3

------

Portfolio of investments—June 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Food**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc.144A | 6.25<br> %<br>| &nbsp;&nbsp; 2-15-2032 | $4000000 | &nbsp;&nbsp; $4110737 |
| &nbsp;&nbsp;&nbsp; Post Holdings, Inc.144A | 6.38 | &nbsp;&nbsp; 3-1-2033 | 2000000 | &nbsp;&nbsp; 2018234 |
|  |  |  |  | &nbsp;&nbsp; **13958416** |
| **Healthcare-services: 1.88%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Charles River Laboratories International, Inc.144A | 4.00 | &nbsp;&nbsp; 3-15-2031 | 9200000 | &nbsp;&nbsp; 8429899 |
| &nbsp;&nbsp;&nbsp; DaVita, Inc.144A | 4.63 | &nbsp;&nbsp; 6-1-2030 | 10550000 | &nbsp;&nbsp; 10108183 |
| &nbsp;&nbsp;&nbsp; Encompass Health Corp. | 4.63 | &nbsp;&nbsp; 4-1-2031 | 5500000 | &nbsp;&nbsp; 5322508 |
| &nbsp;&nbsp;&nbsp; IQVIA, Inc.144A | 6.25 | &nbsp;&nbsp; 6-1-2032 | 5000000 | &nbsp;&nbsp; 5131091 |
|  |  |  |  | &nbsp;&nbsp; **28991681** |
| **Household products/wares: 0.44%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; ACCO Brands Corp.144A | 4.25 | &nbsp;&nbsp; 3-15-2029 | 2000000 | &nbsp;&nbsp; 1768629 |
| &nbsp;&nbsp;&nbsp; Spectrum Brands, Inc.144A | 3.88 | &nbsp;&nbsp; 3-15-2031 | 6200000 | &nbsp;&nbsp; 4973263 |
|  |  |  |  | &nbsp;&nbsp; **6741892** |
| **Financial: 1.71%** |  |  |  |  |
| **REITs: 1.71%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc.144A | 4.50 | &nbsp;&nbsp; 2-15-2031 | 12350000 | &nbsp;&nbsp; 11766961 |
| &nbsp;&nbsp;&nbsp; Iron Mountain, Inc.144A | 6.25 | &nbsp;&nbsp; 1-15-2033 | 5000000 | &nbsp;&nbsp; 5141030 |
| &nbsp;&nbsp;&nbsp; SBA Communications Corp. | 3.13 | &nbsp;&nbsp; 2-1-2029 | 10000000 | &nbsp;&nbsp; 9444778 |
|  |  |  |  | &nbsp;&nbsp; **26352769** |
| **Industrial: 4.42%** |  |  |  |  |
| **Aerospace/defense: 0.84%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; TransDigm, Inc. | 4.63 | &nbsp;&nbsp; 1-15-2029 | 9000000 | &nbsp;&nbsp; 8830782 |
| &nbsp;&nbsp;&nbsp; TransDigm, Inc.144A | 6.63 | &nbsp;&nbsp; 3-1-2032 | 4000000 | &nbsp;&nbsp; 4141574 |
|  |  |  |  | &nbsp;&nbsp; **12972356** |
| **Electrical components & equipment: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; WESCO Distribution, Inc.144A | 6.38 | &nbsp;&nbsp; 3-15-2033 | 3000000 | &nbsp;&nbsp; **3100746** |
| **Electronics: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; TTM Technologies, Inc.144A | 4.00 | &nbsp;&nbsp; 3-1-2029 | 8890000 | &nbsp;&nbsp; **8494061** |
| **Engineering & construction: 0.62%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Dycom Industries, Inc.144A | 4.50 | &nbsp;&nbsp; 4-15-2029 | 9720000 | &nbsp;&nbsp; **9460407** |
| **Environmental control: 1.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Clean Harbors, Inc.144A | 6.38 | &nbsp;&nbsp; 2-1-2031 | 14500000 | &nbsp;&nbsp; 14855583 |
| &nbsp;&nbsp;&nbsp; Stericycle, Inc.144A | 3.88 | &nbsp;&nbsp; 1-15-2029 | 1310000 | &nbsp;&nbsp; 1293608 |
|  |  |  |  | &nbsp;&nbsp; **16149191** |
| **Machinery-diversified: 0.73%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; ESAB Corp.144A | 6.25 | &nbsp;&nbsp; 4-15-2029 | 11015000 | &nbsp;&nbsp; **11277829** |

---

See accompanying notes to portfolio of investments

4 \| Allspring Diversified Capital Builder Fund

------

Portfolio of investments—June 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Packaging & containers: 0.43%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ball Corp. | 2.88<br> %<br>| &nbsp;&nbsp; 8-15-2030 | $4000000 | &nbsp;&nbsp; $3605939 |
| &nbsp;&nbsp;&nbsp; Sealed Air Corp.144A | 5.00 | &nbsp;&nbsp; 4-15-2029 | 3000000 | &nbsp;&nbsp; 2967315 |
|  |  |  |  | &nbsp;&nbsp; **6573254** |
| **Technology: 1.61%** |  |  |  |  |
| **Computers: 0.92%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Gartner, Inc.144A | 3.63 | &nbsp;&nbsp; 6-15-2029 | 4350000 | &nbsp;&nbsp; 4135845 |
| &nbsp;&nbsp;&nbsp; Seagate HDD Cayman | 3.13 | &nbsp;&nbsp; 7-15-2029 | 1500000 | &nbsp;&nbsp; 1355044 |
| &nbsp;&nbsp;&nbsp; Seagate HDD Cayman | 4.09 | &nbsp;&nbsp; 6-1-2029 | 3488000 | &nbsp;&nbsp; 3335610 |
| &nbsp;&nbsp;&nbsp; Seagate HDD Cayman | 8.50 | &nbsp;&nbsp; 7-15-2031 | 5000000 | &nbsp;&nbsp; 5365905 |
|  |  |  |  | &nbsp;&nbsp; **14192404** |
| **Semiconductors: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Synaptics, Inc.144A | 4.00 | &nbsp;&nbsp; 6-15-2029 | 11185000 | &nbsp;&nbsp; **10584960** |
| **Utilities: 2.23%** |  |  |  |  |
| **Electric: 2.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc.144A | 5.25 | &nbsp;&nbsp; 6-15-2029 | 1000000 | &nbsp;&nbsp; 994526 |
| &nbsp;&nbsp;&nbsp; NRG Energy, Inc.144A | 6.25 | &nbsp;&nbsp; 11-1-2034 | 14000000 | &nbsp;&nbsp; 14263872 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC144A | 4.38 | &nbsp;&nbsp; 5-1-2029 | 12000000 | &nbsp;&nbsp; 11695300 |
| &nbsp;&nbsp;&nbsp; Vistra Operations Co. LLC144A | 7.75 | &nbsp;&nbsp; 10-15-2031 | 7000000 | &nbsp;&nbsp; 7439905 |
|  |  |  |  | &nbsp;&nbsp; **34393603** |
| **Total corporate bonds and notes (Cost $243,957,279)** |  |  |  | &nbsp;&nbsp; **240641571** |
| **Yankee corporate bonds and notes: 0.39%** |  |  |  |  |
| **Basic materials: 0.21%** |  |  |  |  |
| **Chemicals: 0.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Methanex Corp. | 5.25 | &nbsp;&nbsp; 12-15-2029 | 3293000 | &nbsp;&nbsp; **3253095** |
| **Industrial: 0.18%** |  |  |  |  |
| **Electronics: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sensata Technologies BV144A | 4.00 | &nbsp;&nbsp; 4-15-2029 | 2880000 | &nbsp;&nbsp; **2739113** |
| **Total yankee corporate bonds and notes (Cost $6,263,499)** |  |  |  | &nbsp;&nbsp; **5992208** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | Yield | Shares |  |
| **Short-term investments: 0.83%** |  |  |  |  |
| **Investment companies: 0.83%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞ |  | 4.26 | 12736239 | &nbsp;&nbsp; **12736239** |
| **Total short-term investments (Cost $12,736,239)** |  |  |  | &nbsp;&nbsp; **12736239** |
| **Total investments in securities (Cost $1,052,986,853)** | 99.84<br> %<br>|  |  | &nbsp;&nbsp; 1537955237 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | 0.16 |  |  | &nbsp;&nbsp; 2481308 |
| **Total net assets** | **100.00%**<br>|  |  | &nbsp;&nbsp; **$1540436545** |

---

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

See accompanying notes to portfolio of investments

Allspring Diversified Capital Builder Fund \| 5

------

Portfolio of investments—June 30, 2025 (unaudited)

---

| | |
|:---|:---|
| † | Non-income-earning security |
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of <br> 1933.<br>|
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∞ | The rate represents the 7-day annualized yield at period end. |

---

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

Abbreviations: <br> REIT Real estate investment trust

**Investments in affiliates**

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund <br> Select Class<br>| $1654794 | $192651515 | $(181570070)<br>| $0 | $0 | $12736239 | 12736239 | $254553 |

---

See accompanying notes to portfolio of investments

6 \| Allspring Diversified Capital Builder Fund

------

Notes to portfolio of investments—June 30, 2025 (unaudited)

Notes to portfolio of investments

Securities valuation

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

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

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.

Fair valuation measurements

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

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

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

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

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

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of June 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Common stocks** |  |  |  |  |
| *Consumer discretionary* | &nbsp;&nbsp; $2426200 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $2426200 |
| *Energy* | &nbsp;&nbsp; 223065500 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 223065500 |
| *Health care* | &nbsp;&nbsp; 42867040 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 42867040 |
| *Industrials* | &nbsp;&nbsp; 349170379 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 349170379 |
| *Information technology* | &nbsp;&nbsp; 578250900 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 578250900 |
| *Materials* | &nbsp;&nbsp; 20984800 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 20984800 |
| *Real estate* | &nbsp;&nbsp; 8205600 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 8205600 |
| *Utilities* | &nbsp;&nbsp; 53614800 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 53614800 |
| **Corporate bonds and notes** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 240641571 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 240641571 |
| **Yankee corporate bonds and notes** | &nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 5992208 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 5992208 |
| **Short-term investments** |  |  |  |  |
| *Investment companies* | &nbsp;&nbsp; 12736239 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 12736239 |
| **Total assets** | &nbsp;&nbsp; **$1291321458** | &nbsp;&nbsp;&nbsp; **$246633779** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$1537955237** |

---

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

At June 30, 2025, the Fund did not have any transfers into/out of Level 3.

Allspring Diversified Capital Builder Fund \| 7

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

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

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

- **a. Name of Series:** Allspring Diversified Capital Builder Fund

- **b. EDGAR series identifier (if any):** S000029102

- **c. LEI of Series:** 549300HFD0N44NR60268

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $1542507761.31

**Total Liabilities:** $1106255.41

**Net Assets:** $1541401505.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000089469 | -1.74%               | 7.71%                | 8.63%                |
| Class ID C000089472 | -1.67%               | 7.79%                | 8.64%                |
| Class ID C000089471 | -1.75%               | 7.70%                | 8.51%                |
| Class ID C000092803 | -1.74%               | 7.78%                | 8.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $22335890.12             | $-50294788.59                              |
| Month 2  | $7182418.00              | $94753802.31                               |
| Month 3  | $1939042.80              | $119245286.76                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| EQT Corp                             | EQT Corp                                     | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    110000 | NS      | $6415200.00   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SPECTRUM BRANDS INC                  | Spectrum Brands Inc                          | CUSIP: 84762LAX3<br>LEI: 549300VU3EH2E73C1Q04 | Long             | DBT              | CORP              | US        |   6200000 | PA      | $4973263.04   | 0.32%             | 2031-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Jabil Inc                            | Jabil Inc                                    | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |    145000 | NS      | $31624500.00  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK Inc                           | AMETEK Inc                                   | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |    145000 | NS      | $26239200.00  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc            | Teledyne Technologies Inc                    | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |     75000 | NS      | $38423250.00  | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp                          | Vistra Corp                                  | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    175000 | NS      | $33916750.00  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                     | Genuine Parts Co                             | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |     20000 | NS      | $2426200.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| POST HOLDINGS INC                    | Post Holdings Inc                            | CUSIP: 737446AR5<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   8435000 | PA      | $7829445.45   | 0.51%             | 2031-09-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GENUINE PARTS CO                     | Genuine Parts Co                             | CUSIP: 372460AD7<br>LEI: 549300D46DQVEU651W04 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5551650.85   | 0.36%             | 2033-11-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                    | Post Holdings Inc                            | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4110736.84   | 0.27%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Synaptics Inc                        | Synaptics Inc                                | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |     15000 | NS      | $972300.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| DYCOM INDUSTRIES INC                 | Dycom Industries Inc                         | CUSIP: 267475AD3<br>LEI: 549300F56EKTHQI3WT60 | Long             | DBT              | CORP              | US        |   9720000 | PA      | $9460406.99   | 0.61%             | 2029-04-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR       | ALLSPRING GOVERNMENT MONEY MAR               | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  12736239 | NS      | $12736238.81  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| International Business Machines Corp | International Business Machines Corp         | CUSIP: 459200101<br>LEI: VGRQXHF3J8VDLUA7XE92 | Long             | EC               | CORP              | US        |    160000 | NS      | $47164800.00  | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp                        | Amphenol Corp                                | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |    640000 | NS      | $63200000.00  | 4.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                      | Schlumberger NV                              | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    880000 | NS      | $29744000.00  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO DISTRIBUTION INC               | WESCO Distribution Inc                       | CUSIP: 95081QAS3<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3100745.67   | 0.20%             | 2033-03-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SEALED AIR CORP                      | Sealed Air Corp                              | CUSIP: 81211KBA7<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2967315.00   | 0.19%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EOG Resources Inc                    | EOG Resources Inc                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    180000 | NS      | $21529800.00  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| VALVOLINE INC                        | Valvoline Inc                                | CUSIP: 92047WAG6<br>LEI: 549300CMHPBEY6VPOT75 | Long             | DBT              | CORP              | US        |   9495000 | PA      | $8597223.63   | 0.56%             | 2031-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| BioMarin Pharmaceutical Inc          | BioMarin Pharmaceutical Inc                  | CUSIP: 09061G101<br>LEI: NSLL8ITTRR0J5HEMR848 | Long             | EC               | CORP              | US        |    100000 | NS      | $5497000.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM INC                        | TransDigm Inc                                | CUSIP: 893647BP1<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   9000000 | PA      | $8830781.91   | 0.57%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Micron Technology Inc                | Micron Technology Inc                        | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |    630000 | NS      | $77647500.00  | 5.04%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI INC                              | ATI Inc                                      | CUSIP: 01741RAN2<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | DBT              | CORP              | US        |   6532000 | PA      | $6844902.40   | 0.44%             | 2030-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| POST HOLDINGS INC                    | Post Holdings Inc                            | CUSIP: 737446AV6<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2018234.00   | 0.13%             | 2033-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy Inc                  | Cheniere Energy Inc                          | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    195000 | NS      | $47486400.00  | 3.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp                    | Atmos Energy Corp                            | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     35000 | NS      | $5393850.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Cintas Corp                          | Cintas Corp                                  | CUSIP: 172908105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     90000 | NS      | $20058300.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Micro Devices Inc           | Advanced Micro Devices Inc                   | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    410000 | NS      | $58179000.00  | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSDIGM INC                        | TransDigm Inc                                | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $4141574.00   | 0.27%             | 2032-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| NRG Energy Inc                       | NRG Energy Inc                               | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     10000 | NS      | $1605800.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Co                  | Eastman Chemical Co                          | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     80000 | NS      | $5972800.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp               | Boston Scientific Corp                       | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |     90000 | NS      | $9666900.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Westlake Corp                        | Westlake Corp                                | CUSIP: 960413102<br>LEI: GOXNEVUM0LL78B1OS344 | Long             | EC               | CORP              | US        |    105000 | NS      | $7972650.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co                      | Baker Hughes Co                              | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    750000 | NS      | $28755000.00  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Leidos Holdings Inc                  | Leidos Holdings Inc                          | CUSIP: 525327102<br>LEI: 549300IUTGTP6EJP8124 | Long             | EC               | CORP              | US        |    280000 | NS      | $44172800.00  | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| IQVIA INC                            | IQVIA Inc                                    | CUSIP: 46266TAG3<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5131090.95   | 0.33%             | 2032-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| AMN HEALTHCARE INC                   | AMN Healthcare Inc                           | CUSIP: 00175PAC7<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $927048.20    | 0.06%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ESAB CORP                            | Esab Corp                                    | CUSIP: 29605JAA4<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | DBT              | CORP              | US        |  11015000 | PA      | $11277828.92  | 0.73%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| IDEX Corp                            | IDEX Corp                                    | CUSIP: 45167R104<br>LEI: 549300U5Y5EL6PHYLF13 | Long             | EC               | CORP              | US        |     10000 | NS      | $1755700.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SEAGATE HDD CAYMAN                   | Seagate HDD Cayman                           | CUSIP: 81180WBP5<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |   5000000 | PA      | $5365905.00   | 0.35%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Targa Resources Corp                 | Targa Resources Corp                         | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |    220000 | NS      | $38297600.00  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co                   | Vertiv Holdings Co                           | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    100000 | NS      | $12841000.00  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp                   | Regal Rexnord Corp                           | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     55000 | NS      | $7972800.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA OPERATIONS CO LLC             | Vistra Operations Co LLC                     | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |  12000000 | PA      | $11695299.60  | 0.76%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NVIDIA Corp                          | NVIDIA Corp                                  | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |    270000 | NS      | $42657300.00  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe Inc                            | Adobe Inc                                    | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |     55000 | NS      | $21278400.00  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ENCOMPASS HEALTH CORP                | Encompass Health Corp                        | CUSIP: 29261AAE0<br>LEI: 549300FVRPM9DRQZRG64 | Long             | DBT              | CORP              | US        |   5500000 | PA      | $5322507.85   | 0.35%             | 2031-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Quanta Services Inc                  | Quanta Services Inc                          | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |     20000 | NS      | $7561600.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Energy Corp                      | CMS Energy Corp                              | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |    160000 | NS      | $11084800.00  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp                       | Flowserve Corp                               | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |    270000 | NS      | $14134500.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                         | Crane NXT Co                                 | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     90000 | NS      | $4851000.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Marvell Technology Inc               | Marvell Technology Inc                       | CUSIP: 573874104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    560000 | NS      | $43344000.00  | 2.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                              | ATI Inc                                      | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |    250000 | NS      | $21585000.00  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                       | NRG Energy Inc                               | CUSIP: 629377CX8<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |  14000000 | PA      | $14263872.28  | 0.93%             | 2034-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                   | Seagate HDD Cayman                           | CUSIP: 81180WBF7<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |   1500000 | PA      | $1355044.50   | 0.09%             | 2029-07-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Dycom Industries Inc                 | Dycom Industries Inc                         | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      8000 | NS      | $1955120.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNAPTICS INC                        | Synaptics Inc                                | CUSIP: 87157DAG4<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | DBT              | CORP              | US        |  11185000 | PA      | $10584960.54  | 0.69%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STERICYCLE INC                       | Stericycle Inc                               | CUSIP: 858912AG3<br>LEI: B8PTJH2P0AXSWSMP2136 | Long             | DBT              | CORP              | US        |   1310000 | PA      | $1293607.72   | 0.08%             | 2029-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC             | Vistra Operations Co LLC                     | CUSIP: 92840VAP7<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   7000000 | PA      | $7439904.50   | 0.48%             | 2031-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Broadcom Inc                         | Broadcom Inc                                 | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    280000 | NS      | $77182000.00  | 5.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HEICO Corp                           | HEICO Corp                                   | CUSIP: 422806109<br>LEI: 529900O1DTDLCJ7L0I14 | Long             | EC               | CORP              | US        |     35000 | NS      | $11480000.00  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| IRON MOUNTAIN INC                    | Iron Mountain Inc                            | CUSIP: 46284VAN1<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |  12350000 | PA      | $11766961.44  | 0.76%             | 2031-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SEAGATE HDD CAYMAN                   | Seagate HDD Cayman                           | CUSIP: 81180WBC4<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |   3488000 | PA      | $3335609.63   | 0.22%             | 2029-06-01      | Fixed         | 4.09%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Inc                    | Iron Mountain Inc                            | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |     80000 | NS      | $8205600.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN HEALTHCARE INC                   | AMN Healthcare Inc                           | CUSIP: 00175PAB9<br>LEI: 549300H27NUKBFFQEE84 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $972715.40    | 0.06%             | 2027-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| AptarGroup Inc                       | AptarGroup Inc                               | CUSIP: 038336103<br>LEI: VNPEQDQFAA7IY1T2PX43 | Long             | EC               | CORP              | US        |     45000 | NS      | $7039350.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane Co                             | Crane Co                                     | CUSIP: 224408104<br>LEI: 5493000CQRQOTHUODL75 | Long             | EC               | CORP              | US        |     15008 | NS      | $2849869.12   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp                 | Parker-Hannifin Corp                         | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     17000 | NS      | $11873990.00  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp                  | Curtiss-Wright Corp                          | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |     93000 | NS      | $45435150.00  | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARLES RIVER LABORATORI             | Charles River Laboratories International Inc | CUSIP: 159864AJ6<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | DBT              | CORP              | US        |   9200000 | PA      | $8429898.64   | 0.55%             | 2031-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NiSource Inc                         | NiSource Inc                                 | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     40000 | NS      | $1613600.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA COMMUNICATIONS CORP              | SBA Communications Corp                      | CUSIP: 78410GAG9<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | DBT              |  | US        |  10000000 | PA      | $9444778.00   | 0.61%             | 2029-02-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| ITT Inc                              | ITT Inc                                      | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     95000 | NS      | $14898850.00  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarepta Therapeutics Inc             | Sarepta Therapeutics Inc                     | CUSIP: 803607100<br>LEI: 549300IKDPIED8J8IG21 | Long             | EC               | CORP              | US        |     50000 | NS      | $855000.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk Inc                         | Autodesk Inc                                 | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |     45000 | NS      | $13930650.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| DAVITA INC                           | DaVita Inc                                   | CUSIP: 23918KAS7<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |  10550000 | PA      | $10108182.88  | 0.66%             | 2030-06-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Devon Energy Corp                    | Devon Energy Corp                            | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    700000 | NS      | $22267000.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEVELAND-CLIFFS INC                 | Cleveland-Cliffs Inc                         | CUSIP: 185899AN1<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |  15000000 | PA      | $14504461.50  | 0.94%             | 2030-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CLEAN HARBORS INC                    | Clean Harbors Inc                            | CUSIP: 184496AQ0<br>LEI: 5493000SJVZVZJKHJF48 | Long             | DBT              | CORP              | US        |  14500000 | PA      | $14855583.50  | 0.96%             | 2031-02-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Emerson Electric Co                  | Emerson Electric Co                          | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |    315000 | NS      | $41998950.00  | 2.72%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG Energy Inc                       | NRG Energy Inc                               | CUSIP: 629377CH3<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $994526.30    | 0.06%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV              | Sensata Technologies BV                      | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |   2880000 | PA      | $2739112.76   | 0.18%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Neurocrine Biosciences Inc           | Neurocrine Biosciences Inc                   | CUSIP: 64125C109<br>LEI: 549300FECER0XBN49756 | Long             | EC               | CORP              | US        |    195000 | NS      | $24509550.00  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| METHANEX CORP                        | Methanex Corp                                | CUSIP: 59151KAL2<br>LEI: 549300TSJHRXT9QXRD13 | Long             | DBT              | CORP              | CA        |   3293000 | PA      | $3253095.76   | 0.21%             | 2029-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ACCO BRANDS CORP                     | ACCO Brands Corp                             | CUSIP: 00081TAK4<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1768628.84   | 0.11%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Synopsys Inc                         | Synopsys Inc                                 | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |     45000 | NS      | $23070600.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| ANSYS Inc                            | ANSYS Inc                                    | CUSIP: 03662Q105<br>LEI: 549300VJV8H15Z5FJ571 | Long             | EC               | CORP              | US        |     45000 | NS      | $15804900.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Clean Harbors Inc                    | Clean Harbors Inc                            | CUSIP: 184496107<br>LEI: 5493000SJVZVZJKHJF48 | Long             | EC               | CORP              | US        |     90000 | NS      | $20806200.00  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GARTNER INC                          | Gartner Inc                                  | CUSIP: 366651AG2<br>LEI: PP55B5R38BFB8O8HH686 | Long             | DBT              | CORP              | US        |   4350000 | PA      | $4135844.72   | 0.27%             | 2029-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| IRON MOUNTAIN INC                    | Iron Mountain Inc                            | CUSIP: 46284VAQ4<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              |  | US        |   5000000 | PA      | $5141030.00   | 0.33%             | 2033-01-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| BALL CORP                            | Ball Corp                                    | CUSIP: 058498AW6<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3605939.20   | 0.23%             | 2030-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Oshkosh Corp                         | Oshkosh Corp                                 | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     20000 | NS      | $2270800.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co                       | Eli Lilly & Co                               | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |      3000 | NS      | $2338590.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions Inc               | Motorola Solutions Inc                       | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |     45000 | NS      | $18920700.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                            | ONEOK Inc                                    | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |    350000 | NS      | $28570500.00  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM TECHNOLOGIES INC                 | TTM Technologies Inc                         | CUSIP: 87305RAK5<br>LEI: 549300SC4BDOIS008048 | Long             | DBT              | CORP              | US        |   8890000 | PA      | $8494060.74   | 0.55%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Eaton Corp PLC                       | Eaton Corp PLC                               | CUSIP: 000000000<br>LEI: 549300VDIGTMXUNT7H71 | Long             | EC               | CORP              | IE        |     45000 | NS      | $16064550.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                        | Timken Co/The                                | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |    320000 | NS      | $23216000.00  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-28

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer