Allspring SMID Core ETF (ASCE)

The Allspring SMID Core ETF (ASCE) is an actively managed equity fund from Allspring Global Investments. It invests in U.S. small- and mid-capitalization companies using a core style that blends growth and value characteristics.

Portfolio managers combine fundamental research with risk management to select stocks across sectors, aiming to outperform a small- and mid-cap benchmark over time rather than replicating it.

The SMID focus targets companies that are larger and generally more established than micro-caps but smaller than the mega-cap firms that dominate broad market indexes.