# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001752724-23-015221
**Filing Date:** 2023-1
**Character Count:** 113520
**Document Hash:** b297f2f59dc3a122b55357cc97099c8b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-015221.hdr.sgml**: 20230126

**ACCESSION NUMBER**: 0001752724-23-015221

**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**: 20230831

**FILER**: 

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 23558277

**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 Conservative Income Fund (Series ID: S000040831)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000126620 | Institutional Class | WCIIX           |
| C000220298 | Class A2            | WCIAX           |

## 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: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GNMA ±± | 4.58% | &nbsp;&nbsp;&nbsp;&nbsp;8-20-2070 | &nbsp;&nbsp;$2031645 | &nbsp;&nbsp;$2007266 |
| &nbsp;&nbsp;**Total Agency securities (Cost $2,160,991)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **2007266** |
| &nbsp;&nbsp;**Asset-backed securities: 29.68%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AmeriCredit Automobile Receivables Trust Series 2022 -2 Class A2A | 4.20 | &nbsp;&nbsp;12-18-2025 | &nbsp;&nbsp; 556784 | &nbsp;&nbsp;&nbsp;&nbsp; 551696 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;BMW Vehicle Lease Trust Series 2021-1 Class A3 | 0.29 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2024 | &nbsp;&nbsp;2940804 | &nbsp;&nbsp;&nbsp;&nbsp; 2910084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CarMax Auto Owner Trust Series 2020-4 Class A3 | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;1596228 | &nbsp;&nbsp;&nbsp;&nbsp; 1544791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CarMax Auto Owner Trust Series 2021-4 Class A2A | 0.24 | &nbsp;&nbsp;11-15-2024 | &nbsp;&nbsp; 398233 | &nbsp;&nbsp;&nbsp;&nbsp; 394770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CarMax Auto Owner Trust Series 2021-4 Class A3 | 0.56 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2026 | &nbsp;&nbsp;2599000 | &nbsp;&nbsp;&nbsp;&nbsp; 2445364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Carvana Auto Receivables Trust 2022-P3 Class A2 | 4.42 | &nbsp;&nbsp;12-10-2025 | &nbsp;&nbsp;1380000 | &nbsp;&nbsp;&nbsp;&nbsp; 1368803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CCG Receivables Trust Series 2020-1 Class A2 144A | 0.54 | &nbsp;&nbsp;12-14-2027 | &nbsp;&nbsp; 596303 | &nbsp;&nbsp;&nbsp;&nbsp; 583341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chase Auto Owner Trust Series 2022-AA Class A2 144A | 3.86 | &nbsp;&nbsp;10-27-2025 | &nbsp;&nbsp;1183000 | &nbsp;&nbsp;&nbsp;&nbsp; 1168106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chesapeake Funding II LLC Series 2020-1A Class A1 144A | 0.87 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2032 | &nbsp;&nbsp; 702742 | &nbsp;&nbsp;&nbsp;&nbsp; 689191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Citibank Credit Card Issuance Trust Series 2018-A3 Class A3 | 3.29 | &nbsp;&nbsp;&nbsp;&nbsp;5-23-2025 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2973773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daimler Trucks Retail Trust Series 2022-1 Class A2 | 5.07 | &nbsp;&nbsp;&nbsp;&nbsp;9-16-2024 | &nbsp;&nbsp;3100000 | &nbsp;&nbsp;&nbsp;&nbsp; 3094529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DLLAD LLC Series 2021-1 144A | 0.35 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2024 | &nbsp;&nbsp; 336487 | &nbsp;&nbsp;&nbsp;&nbsp; 330379 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Donlen Fleet Lease Funding Series 2021-2 Class A1 (1 Month LIBOR +0.33%) 144A± | 4.19 | &nbsp;&nbsp;12-11-2034 | &nbsp;&nbsp;1324961 | &nbsp;&nbsp;&nbsp;&nbsp; 1318067 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Fleet Financing LLC Series 2020-1 Class A2 144A | 1.78 | &nbsp;&nbsp;12-22-2025 | &nbsp;&nbsp;1192364 | &nbsp;&nbsp;&nbsp;&nbsp; 1183613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Evergreen Credit Card Trust 2022 CRT-1 Class B 144A | 5.61 | &nbsp;&nbsp;&nbsp;&nbsp;7-15-2026 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1961514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Credit Auto Lease Trust Series 2022-A Class A2A | 2.78 | &nbsp;&nbsp;10-15-2024 | &nbsp;&nbsp; 752661 | &nbsp;&nbsp;&nbsp;&nbsp; 742954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust Series 2018-2 Class A | 3.47 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2030 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1973589 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust Series 2022- B Class A2A | 3.44 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2025 | &nbsp;&nbsp;1470000 | &nbsp;&nbsp;&nbsp;&nbsp; 1455302 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Ford Credit Auto Owner Trust Series 2022-C Class A2A | 4.52 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2025 | &nbsp;&nbsp; 705000 | &nbsp;&nbsp;&nbsp;&nbsp; 701400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foursight Capital Automobile Receivables Trust Series 2022-1 Class A2 144A | 1.15 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2025 | &nbsp;&nbsp; 476723 | &nbsp;&nbsp;&nbsp;&nbsp; 466894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;General Motors Financial Securitized Term 2021-2 Class A3 | 0.51 | &nbsp;&nbsp;&nbsp;&nbsp;4-16-2026 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1912668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GM Financial Auto Lease Trust Series 2021-3 Class A3 | 0.39 | &nbsp;&nbsp;10-21-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1933607 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GM Financial Auto Lease Trust Series 2021-2 Class A3 | 0.34 | &nbsp;&nbsp;&nbsp;&nbsp;5-20-2024 | &nbsp;&nbsp;1209892 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1192011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Golden Credit Card Trust Series 2018-4A Class A 144A | 3.44 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2961963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Great America Leasing Receivables Funding LLC Series 2021-1 Class A2 144A | 0.27 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp;59776 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;59671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Honda Auto Receivables Owner Trust Series 2021-3 Class A3 | 0.41 | &nbsp;&nbsp;11-18-2025 | &nbsp;&nbsp;2480000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2351269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;HPEFS Equipment Trust Series 2021-1A Class C 144A | 0.75 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2031 | &nbsp;&nbsp;6400000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6124830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Auto Lease Securitization Series 2022-A Class A3 144A | 1.16 | &nbsp;&nbsp;&nbsp;&nbsp;1-15-2025 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2876249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Hyundai Auto Lease Securitization Trust Series 2021- C Class A3 144A | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;9-16-2024 | &nbsp;&nbsp;3959000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3827833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Deere Owner Trust Series 2022- B Class A2 | 3.73 | &nbsp;&nbsp;&nbsp;&nbsp;6-16-2025 | &nbsp;&nbsp;935000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;922746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;John Deere Owner Trust Series 2022-C Class A2 | 4.98 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;1450000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1444577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercedes-Benz Auto Receivables Series 2022-1 Class A2 | 5.26 | &nbsp;&nbsp;10-15-2025 | &nbsp;&nbsp;1460000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1458097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mercedes-Benz Auto Receivables Trust Series 2019-1 Class 3 | 1.94 | &nbsp;&nbsp;&nbsp;&nbsp;3-15-2024 | &nbsp;&nbsp;138793 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;138634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;MMAF Equipment Finance LLC Series 2020-B Class A2 144A | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;8-14-2023 | &nbsp;&nbsp;2975 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nissan Auto Lease Trust Series 2022-A Class A3 | 3.81 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2025 | &nbsp;&nbsp;1069000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1049866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar US Funding Trust Series 2021-1A Class A2 144A | 0.40 | &nbsp;&nbsp;&nbsp;&nbsp;3-11-2024 | &nbsp;&nbsp;134532 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;133910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oscar US Funding Trust Series 2021-2A Class A2 144A | 0.39 | &nbsp;&nbsp;&nbsp;&nbsp;8-12-2024 | &nbsp;&nbsp;620590 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;611882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Drive Auto Receivable Series 2022-5 Class A3 | 4.11 | &nbsp;&nbsp;&nbsp;&nbsp;8-17-2026 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1222154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Drive Auto Receivable Trust Series 2021-4 A3 | 0.51 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2025 | &nbsp;&nbsp;839583 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Retail Auto Lease Trust Series 2020 Class A C 144A | 2.08 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2024 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489567 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander Retail Auto Lease Trust Series 2021-C Class A2 144A | 0.29 | &nbsp;&nbsp;&nbsp;&nbsp;4-22-2024 | &nbsp;&nbsp;273876 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;273014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SoFi Consumer Loan Program Trust Series 2021-1 Class A 144A | 0.49 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2030 | &nbsp;&nbsp;810467 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;788099 |

---

See accompanying notes to portfolio of investments

------

Allspring Conservative Income Fund \| 1

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Asset-backed securities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tesla Auto Lease Trust Series 2021-A Class A2 144A | 0.36% | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2025 | &nbsp;&nbsp;$314234 | &nbsp;&nbsp;$310749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tesla Auto Lease Trust Series 2021-A Class B | 1.02 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2025 | &nbsp;&nbsp;1600000 | &nbsp;&nbsp;&nbsp;&nbsp; 1523336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tesla Auto Lease Trust Series 2021-A Class C 144A | 1.18 | &nbsp;&nbsp;&nbsp;&nbsp;3-20-2025 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3781551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Venture CDO Limited Series 16-25A Class AR (3 Month LIBOR +1.02%) 144A± | 5.26 | &nbsp;&nbsp;&nbsp;&nbsp;4-20-2029 | &nbsp;&nbsp;2310002 | &nbsp;&nbsp;&nbsp;&nbsp; 2280043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Verizon Master Trust Series 2022-5 Class A1A | 3.72 | &nbsp;&nbsp;&nbsp;&nbsp;7-20-2027 | &nbsp;&nbsp;2050000 | &nbsp;&nbsp;&nbsp;&nbsp; 2011428 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Group of America Auto Lease Trust Series 2022-A Class A2 | 3.02 | &nbsp;&nbsp;10-21-2024 | &nbsp;&nbsp;2389045 | &nbsp;&nbsp;&nbsp;&nbsp; 2351213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Wheels SPV LLC Series 2020-1A Class A2 144A | 0.51 | &nbsp;&nbsp;&nbsp;&nbsp;8-20-2029 | &nbsp;&nbsp; 263378 | &nbsp;&nbsp;&nbsp;&nbsp; 259387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;World Omni Auto Lease Trust Series 2021-A Class A3 | 0.42 | &nbsp;&nbsp;&nbsp;&nbsp;8-15-2024 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2892830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;World Omni Auto Lease Trust Series 2022-A Class A | 2.63 | &nbsp;&nbsp;10-15-2024 | &nbsp;&nbsp;1982693 | &nbsp;&nbsp;&nbsp;&nbsp; 1954354 |
| &nbsp;&nbsp;**Total Asset-backed securities (Cost $80,082,850)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **78832638** |
| &nbsp;&nbsp;**Corporate bonds and notes: 43.06%** |  |  |  |  |
| &nbsp;&nbsp;**Communication services: 0.88%** |  |  |  |  |
| &nbsp;&nbsp;**Entertainment: 0.88%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Take-Two Interactive Software Incorporated | 3.30 | &nbsp;&nbsp;&nbsp;&nbsp;3-28-2024 | &nbsp;&nbsp;2400000 | &nbsp;&nbsp;&nbsp;&nbsp; **2336187** |
| &nbsp;&nbsp;**Consumer discretionary: 0.58%** |  |  |  |  |
| &nbsp;&nbsp;**Multiline retail: 0.58%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dollar General Corporation | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;9-20-2024 | &nbsp;&nbsp;1560000 | &nbsp;&nbsp;&nbsp;&nbsp; **1536826** |
| &nbsp;&nbsp;**Consumer staples: 2.90%** |  |  |  |  |
| &nbsp;&nbsp;**Beverages: 0.74%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Constellation Brands Incorporated | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-9-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; **1960617** |
| &nbsp;&nbsp;**Food & staples retailing: 1.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Georgia Pacific LLC 144A | 0.63 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2024 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; **2813750** |
| &nbsp;&nbsp;**Food products: 1.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cargill Incorporated 144A | 1.38 | &nbsp;&nbsp;&nbsp;&nbsp;7-23-2023 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2929737** |
| &nbsp;&nbsp;**Energy: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 | 3.70 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-6-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1995137** |
| &nbsp;&nbsp;**Financials: 21.07%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 5.98%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corporation (3 Month LIBOR +0.78%) ± | 3.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-5-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1989986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 1.63 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-5-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1971118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 1.80 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;995052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Company (U.S. SOFR +0.58%) ± | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;3-16-2024 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3975828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PNC Financial Services Group Incorporated | 2.95 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2023 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2991569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Truist Bank | 2.20 | &nbsp;&nbsp;&nbsp;&nbsp;3-16-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1986278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;US Bank NA | 3.40 | &nbsp;&nbsp;&nbsp;&nbsp;7-24-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1980734 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**15890565** |
| &nbsp;&nbsp;**Capital markets: 1.87%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group Incorporated | 3.63 | &nbsp;&nbsp;&nbsp;&nbsp;1-22-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;998289 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley (U.S. SOFR +0.46%) ± | 0.53 | &nbsp;&nbsp;&nbsp;&nbsp;1-25-2024 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3961569 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4959858** |

---

See accompanying notes to portfolio of investments

------

2 \| Allspring Conservative Income Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Consumer finance: 4.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;American Honda Finance Corporation | 2.05% | &nbsp;&nbsp;&nbsp;&nbsp;1-10-2023 | &nbsp;&nbsp;$3000000 | &nbsp;&nbsp;$2991629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aviation Capital Group 144A | 3.88 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-1-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1976298 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Daimler Finance North America LLC (3 Month LIBOR +0.84%) 144A± | 5.35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-4-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2001419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Credit Corporation | 2.90 | &nbsp;&nbsp;&nbsp;&nbsp;3-30-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1988357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Volkswagen Group of America Finance LLC 144A | 3.13 | &nbsp;&nbsp;&nbsp;&nbsp;5-12-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1981468 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **10939171** |
| &nbsp;&nbsp;**Diversified financial services: 0.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Blackstone Holdings Finace Company LLC 144A | 4.75 | &nbsp;&nbsp;&nbsp;&nbsp;2-15-2023 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp; **1198644** |
| &nbsp;&nbsp;**Insurance: 8.65%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AIG Global Funding 144A | 0.45 | &nbsp;&nbsp;&nbsp;&nbsp;12-8-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1906985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Athene Global Funding (U.S. SOFR +0.70%) 144A± | 4.50 | &nbsp;&nbsp;&nbsp;&nbsp;5-24-2024 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2451898 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial Global Funding 144A | 1.20 | &nbsp;&nbsp;12-15-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1915347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial Global Funding Series 2021-1 (U.S. SOFR +0.76%) 144A± | 4.18 | &nbsp;&nbsp;&nbsp;&nbsp;4-12-2024 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp; 1186351 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equitable Financial Life Insurance Company of America (U.S. SOFR +0.39%) 144A± | 3.80 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-6-2023 | &nbsp;&nbsp;2250000 | &nbsp;&nbsp;&nbsp;&nbsp; 2246027 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;GA Global Funding Trust (U.S. SOFR +1.36%) 144A± | 4.77 | &nbsp;&nbsp;&nbsp;&nbsp;4-11-2025 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1949652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jackson National Life Global Funding 144A | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;1-30-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1946132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Massmutual Global Funding 144A | 0.48 | &nbsp;&nbsp;&nbsp;&nbsp;8-28-2023 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2900197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Life Global Funding I 144A | 3.00 | &nbsp;&nbsp;&nbsp;&nbsp;1-10-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 998016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Life Global Funding II 144A | 0.50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-8-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1902092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Principal Life Global Funding II (U.S. SOFR +0.38%) 144A± | 4.18 | &nbsp;&nbsp;&nbsp;&nbsp;8-23-2024 | &nbsp;&nbsp; 670000 | &nbsp;&nbsp;&nbsp;&nbsp; 662751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Protective Life Global Funding 144A | 0.63 | &nbsp;&nbsp;10-13-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1923466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Protective Life Global Funding 144A | 1.08 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-9-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 979724 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **22968638** |
| &nbsp;&nbsp;**Industrials: 1.75%** |  |  |  |  |
| &nbsp;&nbsp;**Trading companies & distributors: 0.81%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Air Lease Corporation | 3.00 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2023 | &nbsp;&nbsp;2200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2156712** |
| &nbsp;&nbsp;**Transportation infrastructure: 0.94%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Penske Truck Leasing Company LP 144A | 2.70 | &nbsp;&nbsp;&nbsp;&nbsp;3-14-2023 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2481571** |
| &nbsp;&nbsp;**Information technology: 0.74%** |  |  |  |  |
| &nbsp;&nbsp;**Semiconductors & semiconductor equipment: 0.74%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology Incorporated | 2.67 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1955860** |
| &nbsp;&nbsp;**Materials: 0.74%** |  |  |  |  |
| &nbsp;&nbsp;**Metals & mining: 0.74%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Glencore Funding LLC Company 144A | 4.13 | &nbsp;&nbsp;&nbsp;&nbsp;3-12-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1967671** |
| &nbsp;&nbsp;**Real estate: 1.56%** |  |  |  |  |
| &nbsp;&nbsp;**Equity REITs: 1.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Public Storage (U.S. SOFR +0.47%) ± | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;4-23-2024 | &nbsp;&nbsp;1195000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1187615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group LP | 2.75 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2023 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2963304 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4150919** |
| &nbsp;&nbsp;**Utilities: 12.09%** |  |  |  |  |
| &nbsp;&nbsp;**Electric utilities: 7.58%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corporation ¤ | 0.00 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2022 | &nbsp;&nbsp;5000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4999433 |

---

See accompanying notes to portfolio of investments

------

Allspring Conservative Income Fund \| 3

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Electric utilities (continued)** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Florida Power & Light Company (U.S. SOFR +0.25%) ± | 4.05% | &nbsp;&nbsp;&nbsp;&nbsp;5-10-2023 | &nbsp;&nbsp;$2000000 | &nbsp;&nbsp;$1994579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nextera Energy Capital Company | 4.26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2024 | &nbsp;&nbsp;2500000 | &nbsp;&nbsp;&nbsp;&nbsp; 2467616 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Oklahoma Gas & Electric Company | 0.55 | &nbsp;&nbsp;&nbsp;&nbsp;5-26-2023 | &nbsp;&nbsp;2910000 | &nbsp;&nbsp;&nbsp;&nbsp; 2847767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern California Edison's First Mortgage (U.S. SOFR +0.64%) ± | 4.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4-3-2023 | &nbsp;&nbsp;4220000 | &nbsp;&nbsp;&nbsp;&nbsp; 4211157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Southern Company (U.S. SOFR +0.37%) ± | 4.17 | &nbsp;&nbsp;&nbsp;&nbsp;5-10-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1993597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Tampa Electric Company | 3.88 | &nbsp;&nbsp;&nbsp;&nbsp;7-12-2024 | &nbsp;&nbsp;1670000 | &nbsp;&nbsp;&nbsp;&nbsp; 1631375 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **20145524** |
| &nbsp;&nbsp;**Gas utilities: 1.25%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Atmos Energy Corporation (3 Month LIBOR +0.38%) ± | 3.57 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-9-2023 | &nbsp;&nbsp;3320000 | &nbsp;&nbsp;&nbsp;&nbsp; **3316488** |
| &nbsp;&nbsp;**Multi-utilities: 2.47%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Centerpoint Energy Incorporated ¤ | 0.00 | &nbsp;&nbsp;&nbsp;&nbsp;12-1-2022 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1999773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated (3 Month LIBOR +0.50%) ± | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-2-2023 | &nbsp;&nbsp;1705000 | &nbsp;&nbsp;&nbsp;&nbsp; 1703629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy Incorporated (U.S. SOFR +0.65%) ± | 4.45 | &nbsp;&nbsp;&nbsp;&nbsp;5-13-2024 | &nbsp;&nbsp;1445000 | &nbsp;&nbsp;&nbsp;&nbsp; 1424263 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy Incorporated ¤ | 0.00 | &nbsp;&nbsp;&nbsp;&nbsp;12-5-2022 | &nbsp;&nbsp;1440000 | &nbsp;&nbsp;&nbsp;&nbsp; 1439176 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **6566841** |
| &nbsp;&nbsp;**Oil, gas & consumable fuels: 0.79%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Enterprise Products LLC ¤ | 0.00 | &nbsp;&nbsp;&nbsp;&nbsp;12-2-2022 | &nbsp;&nbsp;2100000 | &nbsp;&nbsp;&nbsp;&nbsp; **2099521** |
| &nbsp;&nbsp;**Total Corporate bonds and notes (Cost $115,334,497)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;**114370237** |
| &nbsp;&nbsp;**Municipal obligations: 5.62%** |  |  |  |  |
| &nbsp;&nbsp;**California: 2.23%** |  |  |  |  |
| &nbsp;&nbsp;**Education revenue: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;University of California Series BF | 0.63 | &nbsp;&nbsp;&nbsp;&nbsp;5-15-2023 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp; **1471774** |
| &nbsp;&nbsp;**Miscellaneous revenue: 1.67%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California State Earthquake Authority | 5.39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1996193 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pomona CA Pension Obligation Series BJ | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-1-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;991553 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Torrance CA Joint Powers Financing Authority | 1.43 | &nbsp;&nbsp;&nbsp;&nbsp;10-1-2023 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1456576 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**4444322** |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**5916096** |
| &nbsp;&nbsp;**Colorado: 1.07%** |  |  |  |  |
| &nbsp;&nbsp;**Transportation revenue: 1.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Colorado Bridge Enterprise Senior Project Infrastructure | 0.92 | &nbsp;&nbsp;12-31-2023 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2856638** |
| &nbsp;&nbsp;**Connecticut: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;**GO revenue: 0.40%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Connecticut | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;6-15-2023 | &nbsp;&nbsp;1070000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1068288** |
| &nbsp;&nbsp;**Illinois: 0.37%** |  |  |  |  |
| &nbsp;&nbsp;**Airport revenue: 0.37%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chicago IL O'Hare International Airport Senior Lien Series D | 0.96 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**996735** |
| &nbsp;&nbsp;**New York: 1.55%** |  |  |  |  |
| &nbsp;&nbsp;**Airport revenue: 0.48%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Port Authority of New York & New Jersey Series AAA | 1.09 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7-1-2023 | &nbsp;&nbsp;1305000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**1275957** |

---

See accompanying notes to portfolio of investments

------

4 \| Allspring Conservative Income Fund

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Housing revenue: 0.91%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York City NY City Housing Development Corporation Refunding Sustainable Bonds Series A (Department of Housing and Urban Development Insured) | 2.32% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1-1-2023 | &nbsp;&nbsp;$2410000 | &nbsp;&nbsp;**$2405221** |
| &nbsp;&nbsp;**Utilities revenue: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long Island NY Power Authority Electric System Series C | 0.76 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-1-2023 | &nbsp;&nbsp; 430000 | &nbsp;&nbsp;&nbsp;&nbsp; **425887** |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **4107065** |
| &nbsp;&nbsp;**Total Municipal obligations (Cost $15,242,460)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **14944822** |
| &nbsp;&nbsp;**Yankee corporate bonds and notes: 23.20%** |  |  |  |  |
| &nbsp;&nbsp;**Financials: 22.64%** |  |  |  |  |
| &nbsp;&nbsp;**Banks: 18.73%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Montreal « | 0.40 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1930317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Montreal (U.S. SOFR +0.27%) ± | 3.47 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1989301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia « | 0.40 | &nbsp;&nbsp;&nbsp;&nbsp;9-15-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1931337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia | 0.70 | &nbsp;&nbsp;&nbsp;&nbsp;4-15-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1885137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Banque Federative du Credit Mutuel SA 144A | 0.65 | &nbsp;&nbsp;&nbsp;&nbsp;2-27-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1889465 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Canadian Imperial Bank of Commerce | 0.95 | &nbsp;&nbsp;&nbsp;&nbsp;6-23-2023 | &nbsp;&nbsp;1500000 | &nbsp;&nbsp;&nbsp;&nbsp; 1467043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA (U.S. SOFR +0.30%) ± | 3.72 | &nbsp;&nbsp;&nbsp;&nbsp;1-12-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1988540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA London 144A | 3.75 | &nbsp;&nbsp;&nbsp;&nbsp;4-24-2023 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2980628 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit Suisse AG New York « | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5-5-2023 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp; 2879303 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;DNB Bank ASA (3 Month LIBOR +0.62%) 144A± | 3.72 | &nbsp;&nbsp;&nbsp;&nbsp;12-2-2022 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp;&nbsp;&nbsp; 500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group Incorporated | 3.76 | &nbsp;&nbsp;&nbsp;&nbsp;7-26-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp; 990650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group | 3.55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3-5-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1992910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NatWest Markets plc (U.S. SOFR +0.53%) 144A± | 4.33 | &nbsp;&nbsp;&nbsp;&nbsp;8-12-2024 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp; 1230105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Nordea Bank AB 144A | 1.00 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-9-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp; 1957817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Royal Bank of Canada | 1.60 | &nbsp;&nbsp;&nbsp;&nbsp;4-17-2023 | &nbsp;&nbsp;4000000 | &nbsp;&nbsp;&nbsp;&nbsp; 3952423 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander UK plc | 2.10 | &nbsp;&nbsp;&nbsp;&nbsp;1-13-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1992586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Santander UK plc | 4.00 | &nbsp;&nbsp;&nbsp;&nbsp;3-13-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1969948 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Skandinaviska Enskilda Banken (3 Month LIBOR +0.32%) 144A± | 3.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9-1-2023 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2994511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Skandinaviska Enskilda Banken (3 Month LIBOR +0.65%) 144A± | 3.88 | &nbsp;&nbsp;12-12-2022 | &nbsp;&nbsp;1250000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1249907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Trust Bank Limited (U.S. SOFR +0.44%) 144A± | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;9-16-2024 | &nbsp;&nbsp;1200000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1191212 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Svenska Handelsbanken AB 144A | 0.63 | &nbsp;&nbsp;&nbsp;&nbsp;6-30-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1947500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Swedbank AB 144A | 0.60 | &nbsp;&nbsp;&nbsp;&nbsp;9-25-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1922724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toronto Dominion Bank | 3.25 | &nbsp;&nbsp;&nbsp;&nbsp;3-11-2024 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;979436 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toronto Dominion Bank | 3.50 | &nbsp;&nbsp;&nbsp;&nbsp;7-19-2023 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1983959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Toronto Dominion Bank | 4.29 | &nbsp;&nbsp;&nbsp;&nbsp;9-13-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1974354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corporation (U.S. SOFR +0.30%) ± | 4.10 | &nbsp;&nbsp;11-18-2024 | &nbsp;&nbsp;2000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1973897 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**49745010** |
| &nbsp;&nbsp;**Capital markets: 3.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG | 0.96 | &nbsp;&nbsp;&nbsp;&nbsp;11-8-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;957443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG (U.S. SOFR +0.50%) ± | 4.30 | &nbsp;&nbsp;&nbsp;&nbsp;11-8-2023 | &nbsp;&nbsp;3500000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3473925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UBS AG 144A | 0.38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6-1-2023 | &nbsp;&nbsp;1000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;976976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;UBS AG (U.S. SOFR +0.45%) 144A± | 4.25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8-9-2024 | &nbsp;&nbsp;3000000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2972489 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**8380833** |
| &nbsp;&nbsp;**Diversified financial services: 0.76%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Federation des caisses Desjardins (U.S. SOFR +0.43%) 144A± | 4.23 | &nbsp;&nbsp;&nbsp;&nbsp;5-21-2024 | &nbsp;&nbsp;2050000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**2024585** |

---

See accompanying notes to portfolio of investments

------

Allspring Conservative Income Fund \| 5

------

Portfolio of investments—November 30, 2022 (unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Interest<br> rate** | &nbsp;&nbsp;**Maturity<br> date** | &nbsp;&nbsp;**Principal** | &nbsp;&nbsp;**Value** |
| &nbsp;&nbsp;**Industrials: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;**Electrical equipment: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Siemens Financieringsmaatschappij NV 144A | 0.40% | &nbsp;&nbsp;3-11-2023 | &nbsp;&nbsp;$1500000 | &nbsp;&nbsp;**$1482657** |
| &nbsp;&nbsp;**Total Yankee corporate bonds and notes (Cost $62,200,124)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **61633085** |

---

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | **Yield** | &nbsp;&nbsp;**Shares** |  |
| &nbsp;&nbsp;**Short-term investments: 2.03%** |  |  |  |  |
| &nbsp;&nbsp;**Investment companies: 2.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class ♠∞ |  | 3.60 | &nbsp;&nbsp;&nbsp;&nbsp;2780265 | &nbsp;&nbsp;&nbsp;&nbsp; 2780265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC ♠∩∞ |  | 3.90 | &nbsp;&nbsp;&nbsp;&nbsp;2602125 | &nbsp;&nbsp;&nbsp;&nbsp; 2602125 |
| &nbsp;&nbsp;**Total Short-term investments (Cost $5,382,390)** |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; **5382390** |
| &nbsp;&nbsp;**Total investments in securities (Cost $280,403,312)** | 104.34% |  |  | &nbsp;&nbsp;&nbsp;&nbsp;277170438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Other assets and liabilities, net | &nbsp;&nbsp;&nbsp;(4.34) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;(11541421) |
| &nbsp;&nbsp;**Total net assets** | **100.00%** |  |  | &nbsp;&nbsp;**$265629017** |

---

---

| | |
|:---|:---|
| ±± | The coupon of the security is adjusted based on the principal and/or interest payments received from the underlying pool of mortgages as well as the credit quality and the actual prepayment speed of the underlying mortgages. The rate shown is the rate in effect at period end. |
| 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 1933. |
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| ¤ | The security is issued in zero coupon form with no periodic interest payments. |
| « | All or a portion of this security is on loan. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∩ | The investment is a non-registered investment company purchased with cash collateral received from securities on loan. |
| ∞ | The rate represents the 7-day annualized yield at period end. |

---

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| GNMA | &nbsp;&nbsp;&nbsp;Government National Mortgage Association |
| GO | &nbsp;&nbsp;&nbsp;General obligation |
| LIBOR | &nbsp;&nbsp;&nbsp;London Interbank Offered Rate |
| SOFR | &nbsp;&nbsp;&nbsp;Secured Overnight Financing Rate |

---

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | **Value,<br> beginning of<br> period** | **Purchases** | **Sales<br> proceeds** | **Net<br> realized<br> gains<br> (losses)** | **Net<br> change in<br> unrealized<br> gains<br> (losses)** | **Value,<br> end of<br> period** | **Shares,<br> end<br> of period** | **Income<br> from<br> affiliated<br> securities** |
| &nbsp;&nbsp;**Short-term investments** | &nbsp;&nbsp;**Short-term investments** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Allspring Government Money Market Fund Select Class | $637978 | $40046093 | $(37903806) | $0 | $0 | $2780265 | 2780265 | $13118 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Securities Lending Cash Investments LLC | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;3094625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(492500) | &nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;2602125 | 2602125 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;874<sup>#</sup> |
|  |  |  |  | **$0** | **$0** | **$5382390** |  | **$13992** |

---

---

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

---

See accompanying notes to portfolio of investments

------

6 \| Allspring Conservative Income Fund

------

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 Fund 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. Interests in non-registered investment companies that are redeemable at net asset value are fair valued normally at net asset value.

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

Securities lending

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

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

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

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

------

Allspring Conservative Income Fund \| 7

------

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

------

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 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;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$2007266 | &nbsp;&nbsp;&nbsp;&nbsp;$0 | &nbsp;&nbsp;&nbsp;&nbsp;$2007266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Asset-backed securities** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78832638 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;78832638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114370237 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;114370237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Municipal obligations** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14944822 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14944822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Yankee corporate bonds and notes** | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61633085 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61633085 |
| &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;5382390 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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;5382390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**Total assets** | &nbsp;&nbsp;**$5382390** | &nbsp;&nbsp;&nbsp;&nbsp;**$271788048** | &nbsp;&nbsp;&nbsp;&nbsp;**$0** | &nbsp;&nbsp;&nbsp;&nbsp;**$277170438** |

---

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

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

------

8 \| Allspring Conservative Income Fund

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

  - **Street Address 1:** 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 Conservative Income Fund

- **b. EDGAR series identifier (if any):** S000040831

- **c. LEI of Series:** 549300R7AECL782K5W09

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

- **a. Date of fiscal year-end:** 2023-08-31

- **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:** $271110153.59

**Total Liabilities:** $5773087.75

**Net Assets:** $265337065.84

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -3984.07000000 | **1-Year:** -10565.29000000 | **5-Year:** -696.58000000 | **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 C000220298 | -0.22%               | 0.12%                | 0.44%                |
| Class ID C000126620 | -0.21%               | 0.03%                | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-361000.76              | $-728259.45                                |
| Month 2  | $-348664.63              | $-91414.73                                 |
| Month 3  | $-236931.84              | $733461.31                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MET LIFE GLOB FUNDING I                                    | Metropolitan Life Global Funding I                         | CUSIP: 59217GAX7<br>LEI: 635400MMSOCXNNNZDZ82 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998016.31    | 0.38%             | 2023-01-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOF                                   | Take-Two Interactive Software Inc                          | CUSIP: 874054AE9<br>LEI: BOMSTHHJK882EWYX3334 | Long             | DBT              | CORP              | US        |   2400000 | PA      | $2336186.88   | 0.88%             | 2024-03-28      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Chesapeake Funding II LLC                                  | Chesapeake Funding II LLC                                  | CUSIP: 165183CJ1<br>LEI: 5493000HT7H4OFOD6Z12 | Long             | ABS-O            | CORP              | US        |    702742 | PA      | $689191.25    | 0.26%             | 2032-08-15      | Fixed         | 0.87%                 | No            |                  2 | On Loan: No      |
| HPEFS Equipment Trust                                      | HPEFS Equipment Trust 2021-1                               | CUSIP: 40440YAE9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   6400000 | PA      | $6124830.08   | 2.31%             | 2031-03-20      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                                     | Oscar US Funding XIII LLC                                  | CUSIP: 68785BAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    620590 | PA      | $611882.36    | 0.23%             | 2024-08-12      | Fixed         | 0.39%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                                    | Goldman Sachs Group Inc/The                                | CUSIP: 38141GRD8<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $998288.81    | 0.38%             | 2023-01-22      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                        | Fifth Third Bancorp                                        | CUSIP: 316773CZ1<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1971118.18   | 0.74%             | 2023-05-05      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Santander Retail Auto Lease Trust                          | Santander Retail Auto Lease Trust 2021-C                   | CUSIP: 80286CAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    273876 | PA      | $273014.05    | 0.10%             | 2024-04-22      | Fixed         | 0.29%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                    | Hyundai Auto Lease Securitization Trust 2021-C             | CUSIP: 44933MAC5<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3959000 | PA      | $3827832.79   | 1.44%             | 2024-09-16      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                   | Principal Life Global Funding II                           | CUSIP: 74256LER6<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |    670000 | PA      | $662750.60    | 0.25%             | 2024-08-23      | Floating      | 4.21%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                              | UBS AG/London                                              | CUSIP: 902674YF1<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   1000000 | PA      | $976975.97    | 0.37%             | 2023-06-01      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp                                       | Bank of America Corp                                       | CUSIP: 06051GHF9<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1989986.48   | 0.75%             | 2024-03-05      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CAL EDISON                                        | Southern California Edison Co                              | CUSIP: 842400HA4<br>LEI: 9R1Z5I36FERIBVKW4P77 | Long             | DBT              | CORP              | US        |   4220000 | PA      | $4211156.53   | 1.59%             | 2023-04-03      | Floating      | 4.16%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                           | Deutsche Bank AG/New York NY                               | CUSIP: 251526CM9<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   1000000 | PA      | $957443.13    | 0.36%             | 2023-11-08      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| SIEMENS FINANCIERINGSMAT                                   | Siemens Financieringsmaatschappij NV                       | CUSIP: 82620KAV5<br>LEI: TAFO772JB70PDRN5VS48 | Long             | DBT              | CORP              | NL        |   1500000 | PA      | $1482657.41   | 0.56%             | 2023-03-11      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust/Ford Credit                   | Ford Credit Auto Owner Trust 2018-REV2                     | CUSIP: 34528HAA2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1973588.80   | 0.74%             | 2030-01-15      | Fixed         | 3.47%                 | No            |                  2 | On Loan: No      |
| CCG Receivables Trust                                      | CCG Receivables Trust 2020-1                               | CUSIP: 12509DAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    596303 | PA      | $583341.02    | 0.22%             | 2027-12-14      | Fixed         | 0.54%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                               | Ford Credit Auto Owner Trust 2022-B                        | CUSIP: 34534LAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1470000 | PA      | $1455302.06   | 0.55%             | 2025-02-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                                   | Microchip Technology Inc                                   | CUSIP: 595017AZ7<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1955860.00   | 0.74%             | 2023-09-01      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| AmeriCredit Automobile Receivables Trust                   | AmeriCredit Automobile Receivables Trust 2022-2            | CUSIP: 03065WAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    556784 | PA      | $551695.90    | 0.21%             | 2025-12-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ FIN NA                                       | Mercedes-Benz Finance North America LLC                    | CUSIP: 233851DM3<br>LEI: 549300423Z16BB673J12 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $2001418.82   | 0.75%             | 2023-05-04      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                     | Santander Drive Auto Receivables Trust 2021-4              | CUSIP: 80285VAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    839583 | PA      | $833969.68    | 0.31%             | 2025-08-15      | Fixed         | 0.51%                 | No            |                  2 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                     | Protective Life Global Funding                             | CUSIP: 74368CAZ7<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1923466.10   | 0.72%             | 2023-10-13      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| John Deere Owner Trust                                     | John Deere Owner Trust 2022-C                              | CUSIP: 47800BAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1450000 | PA      | $1444577.44   | 0.54%             | 2025-08-15      | Fixed         | 4.98%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Owner Trust                               | Ford Credit Auto Owner Trust 2022-C                        | CUSIP: 34535AAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    705000 | PA      | $701399.85    | 0.26%             | 2025-04-15      | Fixed         | 4.52%                 | No            |                  2 | On Loan: No      |
| SEC LENDING CASH INVST LLC                                 | SEC LENDING CASH INVST LLC                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | US        |    837250 | NS      | $837250.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                                          | Suncor Energy Inc                                          | CUSIP: 86723BM56<br>LEI: 549300W70ZOQDVLCHY06 | Long             | STIV             | CORP              | US        |   1440000 | PA      | $1439175.80   | 0.54%             | 2022-12-05      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Earthquake Authority                            | CALIFORNIA ST EARTHQUAKE AUTH                              | CUSIP: 13017HAM8<br>LEI: 254900P2MGLOUH3QS859 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1996192.80   | 0.75%             | 2023-07-01      | Fixed         | 5.39%                 | No            |                  2 | On Loan: No      |
| Carvana Auto Receivables Trust                             | Carvana Auto Receivables Trust 2022-P3                     | CUSIP: 14686MAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1380000 | PA      | $1368802.54   | 0.52%             | 2025-12-10      | Fixed         | 4.42%                 | No            |                  2 | On Loan: No      |
| CONSTELLATION BRANDS INC                                   | Constellation Brands Inc                                   | CUSIP: 21036PBM9<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1960616.72   | 0.74%             | 2024-05-09      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| DNB BANK ASA                                               | DNB Bank ASA                                               | CUSIP: 23329PAD2<br>LEI: 549300GKFG0RYRRQ1414 | Long             | DBT              | CORP              | NO        |    500000 | PA      | $500000.00    | 0.19%             | 2022-12-02      | Floating      | 3.72%                 | No            |                  2 | On Loan: No      |
| SANTANDER UK PLC                                           | Santander UK PLC                                           | CUSIP: 80283LAY9<br>LEI: PTCQB104N23FMNK2RZ28 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1992586.14   | 0.75%             | 2023-01-13      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                           | Bank of Montreal                                           | CUSIP: 06368FAB5<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1989301.36   | 0.75%             | 2023-09-15      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                             | ALLSPRING GOVERNMENT MONEY MAR                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2780265 | NS      | $2780264.93   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| PROTECTIVE LIFE GLOBAL                                     | Protective Life Global Funding                             | CUSIP: 74368CAR5<br>LEI: 635400EVYITCJYWL2I50 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $979724.29    | 0.37%             | 2023-06-09      | Fixed         | 1.08%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                                    | Brighthouse Financial Global Funding                       | CUSIP: 10921U2G2<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1915347.14   | 0.72%             | 2023-12-15      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge Enterprise                                 | COLORADO ST BRIDGE ENTERPRISE REVENUE                      | CUSIP: 19633SAZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2856637.80   | 1.08%             | 2023-12-31      | Fixed         | 0.92%                 | No            |                  2 | On Loan: No      |
| Chase Auto Owner Trust                                     | Chase Auto Owner Trust 2022-A                              | CUSIP: 16144JAB7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1183000 | PA      | $1168105.68   | 0.44%             | 2025-10-27      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| GM Financial Securitized Term Auto Receivables Tr          | GM Financial Consumer Automobile Receivables Trust 2021-2  | CUSIP: 380149AC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1912668.40   | 0.72%             | 2026-04-16      | Fixed         | 0.51%                 | No            |                  2 | On Loan: No      |
| Enterprise Products Operating LLC                          | Enterprise Products Operating LLC                          | CUSIP: 29380DM23<br>LEI: 5493004LGN656HWLDA30 | Long             | STIV             | CORP              | US        |   2100000 | PA      | $2099520.61   | 0.79%             | 2022-12-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BANQUE FED CRED MUTUEL                                     | Banque Federative du Credit Mutuel SA                      | CUSIP: 06675FAV9<br>LEI: VBHFXSYT7OG62HNT8T76 | Long             | DBT              | CORP              | FR        |   2000000 | PA      | $1889465.32   | 0.71%             | 2024-02-27      | Fixed         | 0.65%                 | No            |                  2 | On Loan: No      |
| Torrance Joint Powers Financing Authority                  | TORRANCE CA JT PWRS FING AUTH LEASE REVENUE                | CUSIP: 891371AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1456576.05   | 0.55%             | 2023-10-01      | Fixed         | 1.43%                 | No            |                  2 | On Loan: No      |
| City of Pomona CA                                          | POMONA CA PENSN OBLG                                       | CUSIP: 73208PBD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991553.10    | 0.37%             | 2023-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PNC Bank NA                                                | PNC Bank NA                                                | CUSIP: 69349LAK4<br>LEI: AD6GFRVSDT01YPT1CS68 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2991569.13   | 1.13%             | 2023-01-30      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Donlen Fleet Lease Funding                                 | Donlen Fleet Lease Funding 2 LLC                           | CUSIP: 257812AC1<br>LEI: 549300ZWUQETU54FDP26 | Long             | ABS-O            | CORP              | US        |   1324961 | PA      | $1318066.59   | 0.50%             | 2034-12-11      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Enterprise Fleet Financing LLC                             | Enterprise Fleet Financing 2020-1 LLC                      | CUSIP: 29373KAB9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1192364 | PA      | $1183612.58   | 0.45%             | 2025-12-22      | Fixed         | 1.78%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                      | Toronto-Dominion Bank/The                                  | CUSIP: 89115A2J0<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1974354.24   | 0.74%             | 2024-09-13      | Fixed         | 4.29%                 | No            |                  2 | On Loan: No      |
| Foursight Capital Automobile Receivables Trust             | Foursight Capital Automobile Receivables Trust 2022-1      | CUSIP: 35105JAB4<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    476723 | PA      | $466894.16    | 0.18%             | 2025-09-15      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                                     | Skandinaviska Enskilda Banken AB                           | CUSIP: 83051GAP3<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   3000000 | PA      | $2994510.84   | 1.13%             | 2023-09-01      | Floating      | 5.08%                 | No            |                  2 | On Loan: No      |
| PHILLIPS 66                                                | Phillips 66                                                | CUSIP: 718546AU8<br>LEI: 5493005JBO5YSIGK1814 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1995137.28   | 0.75%             | 2023-04-06      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| SUMITOMO MITSUI TR BK LT                                   | Sumitomo Mitsui Trust Bank Ltd                             | CUSIP: 86563VAX7<br>LEI: 5493006GGLR4BTEL8O61 | Long             | DBT              | CORP              | JP        |   1200000 | PA      | $1191212.40   | 0.45%             | 2024-09-16      | Floating      | 3.73%                 | No            |                  2 | On Loan: No      |
| CANADIAN IMPERIAL BANK                                     | Canadian Imperial Bank of Commerce                         | CUSIP: 13607GRK2<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | DBT              | CORP              | CA        |   1500000 | PA      | $1467043.19   | 0.55%             | 2023-06-23      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                    | PORT AUTH OF NEW YORK & NEW JERSEY NY                      | CUSIP: 73358W4V3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1275957.09   | 0.48%             | 2023-07-01      | Fixed         | 1.09%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                                        | JPMorgan Chase & Co                                        | CUSIP: 46647PCA2<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3975827.80   | 1.50%             | 2024-03-16      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| University of California                                   | UNIV OF CALIFORNIA CA REVENUES                             | CUSIP: 91412HFK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1471774.05   | 0.55%             | 2023-05-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust           | World Omni Automobile Lease Securitization Trust 2021-A    | CUSIP: 98163JAC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2892829.50   | 1.09%             | 2024-08-15      | Fixed         | 0.42%                 | No            |                  2 | On Loan: No      |
| AVIATION CAPITAL GROUP                                     | Aviation Capital Group LLC                                 | CUSIP: 05369AAC5<br>LEI: 549300ODEK8HY3445C77 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1976298.20   | 0.74%             | 2023-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SWEDBANK AB                                                | Swedbank AB                                                | CUSIP: 87020PAL1<br>LEI: M312WZV08Y7LYUC71685 | Long             | DBT              | CORP              | SE        |   2000000 | PA      | $1922724.00   | 0.72%             | 2023-09-25      | Fixed         | 0.60%                 | No            |                  2 | On Loan: No      |
| Citibank Credit Card Issuance Trust                        | Citibank Credit Card Issuance Trust                        | CUSIP: 17305EGM1<br>LEI: R8AG6FXVDQAMDKCSJJ64 | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2973772.50   | 1.12%             | 2025-05-23      | Fixed         | 3.29%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA G&E CO                                            | Oklahoma Gas and Electric Co                               | CUSIP: 678858BW0<br>LEI: 549300VJ8YXGPO8EV472 | Long             | DBT              | CORP              | US        |   2910000 | PA      | $2847766.59   | 1.07%             | 2023-05-26      | Fixed         | 0.55%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                    | CarMax Auto Owner Trust 2020-4                             | CUSIP: 14316HAC6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1596228 | PA      | $1544790.85   | 0.58%             | 2025-08-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Golden Credit Card Trust                                   | Golden Credit Card Trust                                   | CUSIP: 380881ER9<br>LEI: 549300BEDPMEONLTJX58 | Long             | ABS-O            | CORP              | CA        |   3000000 | PA      | $2961963.00   | 1.12%             | 2025-08-15      | Fixed         | 3.44%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                     | NEW YORK CITY NY HSG DEV CORP REVENUE                      | CUSIP: 64966WGW1<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2405220.73   | 0.91%             | 2023-01-01      | Fixed         | 2.32%                 | No            |                  2 | On Loan: No      |
| Santander Drive Auto Receivables Trust                     | Santander Drive Auto Receivables Trust 2022-5              | CUSIP: 80287HAC2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1250000 | PA      | $1222153.50   | 0.46%             | 2026-08-17      | Fixed         | 4.11%                 | No            |                  2 | On Loan: No      |
| PUBLIC STORAGE                                             | Public Storage                                             | CUSIP: 74460WAB3<br>LEI: 549300LMZF40TKJ6DM64 | Long             | DBT              |  | US        |   1195000 | PA      | $1187614.58   | 0.45%             | 2024-04-23      | Floating      | 4.17%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANK                                           | Fifth Third Bank NA                                        | CUSIP: 31677QBS7<br>LEI: QFROUN1UWUYU0DVIWD51 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $995051.87    | 0.38%             | 2023-01-30      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| BANK OF MONTREAL                                           | Bank of Montreal                                           | CUSIP: 06368FAA7<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1930317.46   | 0.73%             | 2023-09-15      | Fixed         | 0.40%                 | No            |                  2 | On Loan: —       |
| FLORIDA POWER & LIGHT CO                                   | Florida Power & Light Co                                   | CUSIP: 341081GD3<br>LEI: A89MY1K3YLIGJMYWVX50 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1994578.66   | 0.75%             | 2023-05-10      | Floating      | 4.07%                 | No            |                  2 | On Loan: No      |
| TAMPA ELECTRIC CO                                          | Tampa Electric Co                                          | CUSIP: 875127BK7<br>LEI: WS423EPRKJIIJUITXD73 | Long             | DBT              | CORP              | US        |   1670000 | PA      | $1631374.70   | 0.61%             | 2024-07-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| JACKSON NATL LIFE GLOBAL                                   | Jackson National Life Global Funding                       | CUSIP: 46849LSS1<br>LEI: 635400PQXLYXWJI5QD78 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1946131.58   | 0.73%             | 2024-01-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SOFI CONSUMER LOAN PROGRAM TRUST                           | SoFi Consumer Loan Program 2021-1 Trust                    | CUSIP: 83407CAA6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    810467 | PA      | $788099.01    | 0.30%             | 2030-09-25      | Fixed         | 0.49%                 | No            |                  2 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional US Government Money Market Fund | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2602125 | NS      | $2602125.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| MASSMUTUAL GLOBAL FUNDIN                                   | MassMutual Global Funding II                               | CUSIP: 57629WCV0<br>LEI: 549300K1IE3K7YU6VG29 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2900196.72   | 1.09%             | 2023-08-28      | Fixed         | 0.48%                 | No            |                  2 | On Loan: No      |
| PENSKE TRUCK LEASING/PTL                                   | Penske Truck Leasing Co Lp / PTL Finance Corp              | CUSIP: 709599AY0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2481570.60   | 0.94%             | 2023-03-14      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Wheels SPV LLC                                             | Wheels SPV 2 LLC                                           | CUSIP: 96328DBT0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    263378 | PA      | $259387.43    | 0.10%             | 2029-08-20      | Fixed         | 0.51%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                      | Toronto-Dominion Bank/The                                  | CUSIP: 89114QC48<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1983959.30   | 0.75%             | 2023-07-19      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                       | CONNECTICUT ST                                             | CUSIP: 20772KQF9<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1068288.32   | 0.40%             | 2023-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORP                                        | Dollar General Corp                                        | CUSIP: 256677AJ4<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | DBT              | CORP              | US        |   1560000 | PA      | $1536826.23   | 0.58%             | 2024-09-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| World Omni Automobile Lease Securitization Trust           | World Omni Automobile Lease Securitization Trust 2022-A    | CUSIP: 98163NAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1982693 | PA      | $1954354.40   | 0.74%             | 2024-10-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| VOLKSWAGEN GROUP AMERICA                                   | Volkswagen Group of America Finance LLC                    | CUSIP: 928668BD3<br>LEI: 5493002SQ1AVQBY41K40 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1981467.96   | 0.75%             | 2023-05-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| COOPERAT RABOBANK UA/NY                                    | Cooperatieve Rabobank UA/NY                                | CUSIP: 21688AAR3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   2000000 | PA      | $1988540.00   | 0.75%             | 2024-01-12      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| UBS AG LONDON                                              | UBS AG/London                                              | CUSIP: 902674YL8<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | DBT              | CORP              | CH        |   3000000 | PA      | $2972488.98   | 1.12%             | 2024-08-09      | Floating      | 4.27%                 | No            |                  2 | On Loan: No      |
| SVENSKA HANDELSBANKEN AB                                   | Svenska Handelsbanken AB                                   | CUSIP: 86959LAF0<br>LEI: NHBDILHZTYCNBV5UYZ31 | Long             | DBT              | CORP              | SE        |   2000000 | PA      | $1947500.00   | 0.73%             | 2023-06-30      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| AMERICAN HONDA FINANCE                                     | American Honda Finance Corp                                | CUSIP: 02665WDC2<br>LEI: B6Q2VFHD1797Q7NZ3E43 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2991629.43   | 1.13%             | 2023-01-10      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Santander Retail Auto Lease Trust                          | Santander Retail Auto Lease Trust 2020-A                   | CUSIP: 80286KAF9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1500000 | PA      | $1489566.75   | 0.56%             | 2024-03-20      | Fixed         | 2.08%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy Inc                                     | CenterPoint Energy Inc                                     | CUSIP: 1518T3M17<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | STIV             | CORP              | US        |   2000000 | PA      | $1999773.12   | 0.75%             | 2022-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TORONTO-DOMINION BANK                                      | Toronto-Dominion Bank/The                                  | CUSIP: 89114QCB2<br>LEI: PT3QB789TSUIDF371261 | Long             | DBT              | CORP              | CA        |   1000000 | PA      | $979435.74    | 0.37%             | 2024-03-11      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                     | Tesla Auto Lease Trust 2021-A                              | CUSIP: 88161FAF3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   4000000 | PA      | $3781551.20   | 1.43%             | 2025-03-20      | Fixed         | 1.18%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                    | CarMax Auto Owner Trust 2021-4                             | CUSIP: 14317JAB3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    398233 | PA      | $394770.14    | 0.15%             | 2024-11-15      | Fixed         | 0.24%                 | No            |                  2 | On Loan: No      |
| GEORGIA-PACIFIC LLC                                        | Georgia-Pacific LLC                                        | CUSIP: 37331NAM3<br>LEI: L2EVHWFHVAQK72TMH265 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2813750.07   | 1.06%             | 2024-05-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| Daimler Trucks Retail Trust                                | Daimler Trucks Retail Trust 2022-1                         | CUSIP: 233869AB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3100000 | PA      | $3094529.43   | 1.17%             | 2024-09-16      | Fixed         | 5.07%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                       | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE               | CUSIP: 167593S52<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996734.50    | 0.38%             | 2023-01-01      | Fixed         | 0.96%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                     | Tesla Auto Lease Trust 2021-A                              | CUSIP: 88161FAB2<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    314234 | PA      | $310749.34    | 0.12%             | 2025-03-20      | Fixed         | 0.36%                 | No            |                  2 | On Loan: No      |
| Volkswagen Auto Lease Trust                                | Volkswagen Auto Lease Trust 2022-A                         | CUSIP: 92868AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2389045 | PA      | $2351212.96   | 0.89%             | 2024-10-21      | Fixed         | 3.02%                 | No            |                  2 | On Loan: No      |
| DLLAD LLC                                                  | DLLAD 2021-1 LLC                                           | CUSIP: 233262AB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    336487 | PA      | $330379.48    | 0.12%             | 2024-09-20      | Fixed         | 0.35%                 | No            |                  2 | On Loan: No      |
| Tesla Auto Lease Trust                                     | Tesla Auto Lease Trust 2021-A                              | CUSIP: 88161FAE6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1600000 | PA      | $1523336.16   | 0.57%             | 2025-03-20      | Fixed         | 1.02%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY INC                                     | CenterPoint Energy Inc                                     | CUSIP: 15189TAZ0<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1424263.01   | 0.54%             | 2024-05-13      | Floating      | 4.47%                 | No            |                  2 | On Loan: No      |
| CarMax Auto Owner Trust                                    | CarMax Auto Owner Trust 2021-4                             | CUSIP: 14317JAD9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2599000 | PA      | $2445364.27   | 0.92%             | 2026-09-15      | Fixed         | 0.56%                 | No            |                  2 | On Loan: No      |
| OSCAR US Funding Trust                                     | Oscar US Funding XII LLC                                   | CUSIP: 68785AAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | JP        |    134532 | PA      | $133909.60    | 0.05%             | 2024-03-11      | Fixed         | 0.40%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                                | Southern Co/The                                            | CUSIP: 842587DK0<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1993596.66   | 0.75%             | 2023-05-10      | Floating      | 4.19%                 | No            |                  2 | On Loan: No      |
| Venture CDO Ltd                                            | Venture Xxv Clo Ltd                                        | CUSIP: 92329VAS1<br>LEI: 549300A6M3BR8FZNXO79 | Long             | ABS-CBDO         | CORP              | KY        |   2310002 | PA      | $2280043.24   | 0.86%             | 2029-04-20      | Floating      | 5.26%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE HOLDINGS FINA                                   | Blackstone Holdings Finance Co LLC                         | CUSIP: 09256BAD9<br>LEI: 549300D2L6J4NC1QVZ22 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1198643.56   | 0.45%             | 2023-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| PRINCIPAL LFE GLB FND II                                   | Principal Life Global Funding II                           | CUSIP: 74256LEJ4<br>LEI: 635400WSLKBQWSOIIT41 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1902091.90   | 0.72%             | 2024-01-08      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES TRUST                       | Mercedes-Benz Auto Receivables Trust 2019-1                | CUSIP: 58769TAD7<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    138793 | PA      | $138633.81    | 0.05%             | 2024-03-15      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| CREDIT AGRICOLE LONDON                                     | Credit Agricole SA/London                                  | CUSIP: 22535WAE7<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |   3000000 | PA      | $2980627.56   | 1.12%             | 2023-04-24      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Simon Property Group LP                                    | Simon Property Group LP                                    | CUSIP: 828807DD6<br>LEI: MR92GTD0MJTTTTQDVG45 | Long             | DBT              |  | US        |   3000000 | PA      | $2963304.45   | 1.12%             | 2023-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| GA GLOBAL FUNDING TRUST                                    | GA Global Funding Trust                                    | CUSIP: 36143L2K0<br>LEI: 54930029I8ROQ4OROZ88 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1949652.32   | 0.73%             | 2025-04-11      | Floating      | 4.96%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                                           | Duke Energy Corp                                           | CUSIP: 26443EM14<br>LEI: I1BZKREC126H0VB1BL91 | Long             | STIV             | CORP              | US        |   5000000 | PA      | $4999432.80   | 1.88%             | 2022-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| EQUITABLE FINANCIAL LIFE                                   | Equitable Financial Life Global Funding                    | CUSIP: 29449WAH0<br>LEI: 635400B4JJBON4TCHF02 | Long             | DBT              | CORP              | US        |   2250000 | PA      | $2246027.02   | 0.85%             | 2023-04-06      | Floating      | 3.97%                 | No            |                  2 | On Loan: No      |
| BRIGHTHSE FIN GLBL FUND                                    | Brighthouse Financial Global Funding                       | CUSIP: 10921U2B3<br>LEI: 549300BLFX3KJ2IFOA78 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1186350.79   | 0.45%             | 2024-04-12      | Floating      | 4.36%                 | No            |                  2 | On Loan: No      |
| CARGILL INC                                                | Cargill Inc                                                | CUSIP: 141781BL7<br>LEI: QXZYQNMR4JZ5RIRN4T31 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $2929736.94   | 1.10%             | 2023-07-23      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| WESTPAC BANKING CORP                                       | Westpac Banking Corp                                       | CUSIP: 961214EV1<br>LEI: EN5TNI6CI43VEPAMHL14 | Long             | DBT              | CORP              | AU        |   2000000 | PA      | $1973896.54   | 0.74%             | 2024-11-18      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| BMW Vehicle Lease Trust                                    | BMW Vehicle Lease Trust 2021-1                             | CUSIP: 05591RAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2940804 | PA      | $2910083.71   | 1.10%             | 2024-01-25      | Fixed         | 0.29%                 | No            |                  2 | On Loan: No      |
| Evergreen Credit Card Trust                                | Evergreen Credit Card Trust Series 2022-CRT1               | CUSIP: 30023JBV9<br>LEI: 5493002G9KVV6J3CNU15 | Long             | ABS-O            | CORP              | CA        |   2000000 | PA      | $1961514.20   | 0.74%             | 2026-07-15      | Fixed         | 5.61%                 | No            |                  2 | On Loan: No      |
| MMAF Equipment Finance LLC                                 | MMAF Equipment Finance LLC 2020-B                          | CUSIP: 60700KAB8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |      2975 | PA      | $2970.20      | 0.00%             | 2023-08-14      | Fixed         | 0.38%                 | No            |                  2 | On Loan: No      |
| NATWEST MARKETS PLC                                        | NatWest Markets PLC                                        | CUSIP: 63906YAC2<br>LEI: RR3QWICWWIPCS8A4S074 | Long             | DBT              | CORP              | GB        |   1250000 | PA      | $1230105.00   | 0.46%             | 2024-08-12      | Floating      | 4.35%                 | No            |                  2 | On Loan: No      |
| ROYAL BANK OF CANADA                                       | Royal Bank of Canada                                       | CUSIP: 78015K7G3<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | DBT              | CORP              | CA        |   4000000 | PA      | $3952422.84   | 1.49%             | 2023-04-17      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP                                      | Truist Financial Corp                                      | CUSIP: 05531FBJ1<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1986277.62   | 0.75%             | 2023-03-16      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| NORDEA BANK ABP                                            | Nordea Bank Abp                                            | CUSIP: 65557CBE2<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |   2000000 | PA      | $1957817.20   | 0.74%             | 2023-06-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| TOYOTA MOTOR CREDIT CORP                                   | Toyota Motor Credit Corp                                   | CUSIP: 89236TGW9<br>LEI: Z2VZBHUMB7PWWJ63I008 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1988357.48   | 0.75%             | 2023-03-30      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| US BANK NA CINCINNATI                                      | US Bank NA/Cincinnati OH                                   | CUSIP: 90331HNV1<br>LEI: 6BYL5QZYBDK8S7L73M02 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1980734.00   | 0.75%             | 2023-07-24      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| John Deere Owner Trust                                     | John Deere Owner Trust 2022-B                              | CUSIP: 47800AAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    935000 | PA      | $922746.08    | 0.35%             | 2025-06-16      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasing Trust                      | GM Financial Automobile Leasing Trust 2021-3               | CUSIP: 36262XAC8<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   2000000 | PA      | $1933607.40   | 0.73%             | 2024-10-21      | Fixed         | 0.39%                 | No            |                  2 | On Loan: No      |
| Government National Mortgage Association                   | Ginnie Mae II Pool                                         | CUSIP: 3622AAS47<br>LEI: 549300M8ZYFG0OCMTT87 | Long             | ABS-MBS          | USGA              | US        |   2031645 | PA      | $2007265.67   | 0.76%             | 2070-08-20      | Variable      | 4.58%                 | No            |                  2 | On Loan: No      |
| Glencore Funding LLC                                       | Glencore Funding LLC                                       | CUSIP: 378272AT5<br>LEI: 213800STG1QDNBY87K49 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1967670.84   | 0.74%             | 2024-03-12      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SKANDINAVISKA ENSKILDA                                     | Skandinaviska Enskilda Banken AB                           | CUSIP: 83051GAL2<br>LEI: F3JS33DEI6XQ4ZBPTN86 | Long             | DBT              | CORP              | SE        |   1250000 | PA      | $1249906.70   | 0.47%             | 2022-12-12      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Air Lease Corp                                             | Air Lease Corp                                             | CUSIP: 00912XAT1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |   2200000 | PA      | $2156711.57   | 0.81%             | 2023-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                             | Morgan Stanley                                             | CUSIP: 6174468W2<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   4000000 | PA      | $3961568.96   | 1.49%             | 2024-01-25      | Fixed         | 0.53%                 | No            |                  2 | On Loan: No      |
| GM Financial Automobile Leasing Trust                      | GM Financial Automobile Leasing Trust 2021-2               | CUSIP: 380144AC9<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1209892 | PA      | $1192010.62   | 0.45%             | 2024-05-20      | Fixed         | 0.34%                 | No            |                  2 | On Loan: No      |
| Hyundai Auto Lease Securitization Trust                    | Hyundai Auto Lease Securitization Trust 2022-A             | CUSIP: 44891WAC3<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   3000000 | PA      | $2876249.40   | 1.08%             | 2025-01-15      | Fixed         | 1.16%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA                                        | Bank of Nova Scotia/The                                    | CUSIP: 0641598J8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |   2000000 | PA      | $1931336.68   | 0.73%             | 2023-09-15      | Fixed         | 0.40%                 | No            |                  2 | On Loan: —       |
| ATMOS ENERGY CORP                                          | Atmos Energy Corp                                          | CUSIP: 049560AV7<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | DBT              | CORP              | US        |   3320000 | PA      | $3316487.81   | 1.25%             | 2023-03-09      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| MERCEDES-BENZ AUTO RECEIVABLES TRUST                       | Mercedes-Benz Auto Receivables Trust 2022-1                | CUSIP: 58768PAB0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |   1460000 | PA      | $1458096.74   | 0.55%             | 2025-10-15      | Fixed         | 5.26%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                   | CUSIP: 542691DP2<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    430000 | PA      | $425886.75    | 0.16%             | 2023-03-01      | Fixed         | 0.76%                 | No            |                  2 | On Loan: No      |
| CENTERPOINT ENERGY RES                                     | CenterPoint Energy Resources Corp                          | CUSIP: 15189WAN0<br>LEI: 2JADVB0458J06WCD4N56 | Long             | DBT              | CORP              | US        |   1705000 | PA      | $1703629.45   | 0.64%             | 2023-03-02      | Floating      | 5.28%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                                     | NextEra Energy Capital Holdings Inc                        | CUSIP: 65339KBL3<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2467615.83   | 0.93%             | 2024-09-01      | Fixed         | 4.26%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE BANK NY                                           | Deutsche Bank AG/New York NY                               | CUSIP: 251526CL1<br>LEI: 7LTWFZYICNSX8D621K86 | Long             | DBT              | CORP              | DE        |   3500000 | PA      | $3473925.00   | 1.31%             | 2023-11-08      | Floating      | 4.32%                 | No            |                  2 | On Loan: No      |
| Ford Credit Auto Lease Trust                               | Ford Credit Auto Lease Trust 2022-A                        | CUSIP: 34528LAB1<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    752661 | PA      | $742954.11    | 0.28%             | 2024-10-15      | Fixed         | 2.78%                 | No            |                  2 | On Loan: No      |
| Santander UK PLC                                           | Santander UK PLC                                           | CUSIP: 80283LAJ2<br>LEI: PTCQB104N23FMNK2RZ28 | Long             | DBT              | CORP              | GB        |   2000000 | PA      | $1969947.94   | 0.74%             | 2024-03-13      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GREAT AMERICA LEASING RECEIVABLES                          | GreatAmerica Leasing Receivables Funding LLC Series 2021-1 | CUSIP: 39154TBH0<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |     59776 | PA      | $59671.09     | 0.02%             | 2023-06-15      | Fixed         | 0.27%                 | No            |                  2 | On Loan: No      |
| MIZUHO FINANCIAL GROUP                                     | Mizuho Financial Group Inc                                 | CUSIP: 60687YAP4<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | DBT              | CORP              | JP        |   2000000 | PA      | $1992909.90   | 0.75%             | 2023-03-05      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE NEW YORK                                     | Credit Suisse AG/New York NY                               | CUSIP: 22550L2D2<br>LEI: 549300D0YARF5HYP1809 | Long             | DBT              | CORP              | CH        |   3000000 | PA      | $2879302.77   | 1.09%             | 2023-05-05      | Fixed         | 1.00%                 | No            |                  2 | On Loan: —       |
| ATHENE GLOBAL FUNDING                                      | Athene Global Funding                                      | CUSIP: 04685A2X8<br>LEI: 549300LM1QSI4MSIL320 | Long             | DBT              | CORP              | US        |   2500000 | PA      | $2451897.95   | 0.92%             | 2024-05-24      | Floating      | 4.53%                 | No            |                  2 | On Loan: No      |
| Verizon Master Trust                                       | Verizon Master Trust                                       | CUSIP: 92348KAV5<br>LEI: 5493007MUBNP1GFMEB89 | Long             | ABS-O            | CORP              | US        |   2050000 | PA      | $2011427.82   | 0.76%             | 2027-07-20      | Variable      | 3.72%                 | No            |                  2 | On Loan: No      |
| MITSUBISHI UFJ FIN GRP                                     | Mitsubishi UFJ Financial Group Inc                         | CUSIP: 606822BA1<br>LEI: 353800V2V8PUY9TK3E06 | Long             | DBT              | CORP              | JP        |   1000000 | PA      | $990650.18    | 0.37%             | 2023-07-26      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| FED CAISSES DESJARDINS                                     | Federation des Caisses Desjardins du Quebec                | CUSIP: 31429KAF0<br>LEI: 549300B2Q47IR0CR5B54 | Long             | DBT              | CORP              | CA        |   2050000 | PA      | $2024585.00   | 0.76%             | 2024-05-21      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer