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Allspring SMID Cap Growth Fund lags Russell 2500 Growth Index in Q1 2026 amid selective stock moves.

Market News
14 May 2026
Seeking Alpha
View Source
Bullish
pluang ai news

The Allspring SMID Cap Growth Fund underperformed the Russell 2500 Growth Index benchmark in the first quarter ending March 31, 2026. Key holdings like Carpenter Technology and Argan benefited from industry trends such as increased Boeing production and demand for power plant projects, while the fund maintained positions in companies like Curtiss-Wright and added to MongoDB due to favorable risk/reward profiles. This performance highlights the fund's selective investment approach amid market challenges. Investors should watch how these strategic positions evolve in coming quarters.

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