# Allspring SMID Core ETF (ASCE): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/asce for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Allspring · Asset class: Small/Micro Cap Equity - Strategy: Actively Managed · Inception: 2025-07-07 The Allspring SMID Core ETF (ASCE) is an actively managed fund primarily focused on investing in equity securities of small and medium-sized U.S. companies, generally aligning with the constituents of the Russell 2500 Index. Up to one-fifth (20%) of its total assets may be directed towards foreign companies operating in developed markets, including American Depositary Receipts (ADRs). The fund's investment strategy integrates sophisticated quantitative analysis with in-depth qualitative evaluation. This dual approach aims to identify businesses that are believed to be undervalued and posses... ## Key Facts | Metric | Value | |---|---| | Price | $32.82 | | Expense Ratio | 0.38% | | Assets Under Management | $326.3M | | NAV | $32.64 | | Holdings Count | 54 | | Distribution Yield (TTM) | 0.18% | | Annual Distribution (TTM) | $0.06 /share | | Distribution Frequency | Irregular | | 52-Week Range | $24.65 – $36.31 | | Beta | 0.71 | ## Latest Distribution - Amount: $0.0581 /share - Ex-date: 2025-12-22 - Pay date: 2025-12-24 ## Frequently Asked Questions ### What does ASCE invest in? The Allspring SMID Core ETF (ASCE) is an actively managed fund primarily focused on investing in equity securities of small and medium-sized U.S. companies, generally aligning with the constituents of the Russell 2500 Index. Up to one-fifth (20%) of its total assets may be directed towards foreign companies operating in developed markets, including American Depositary Receipts (ADRs). The fund's investment strategy integrates sophisticated quantitative analysis with in-depth qualitative evaluation. This dual approach aims to identify businesses that are believed to be undervalued and possess strong prospects for future earnings growth. The quantitative component utilizes a proprietary alpha model to systematically rank securities based on valuation metrics, financial quality, and price momentum. Conversely, the qualitative assessment delves into factors such as management capabilities, product innovation, competitive positioning, and inherent business risks. ASCE maintains a concentrated portfolio, typically comprising around 50 holdings, diversified across various key sectors. A specific ethical screen is applied, as the fund avoids investing in issuers with significant operations in the alcohol, gaming, or tobacco sectors. For liquidity purposes or during periods requiring a defensive stance, the fund may also hold cash or money market instruments, which could temporarily influence its primary investment objectives. ### What is the expense ratio of ASCE? Allspring SMID Core ETF (ASCE) charges an expense ratio of 0.38%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is ASCE? Allspring SMID Core ETF (ASCE) manages $326.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is ASCE actively managed or an index fund? ASCE is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (ASCE's is 0.38%) in exchange for the discretion to over- or under-weight positions. ### When was ASCE launched? Allspring SMID Core ETF (ASCE) launched in July 2025 and is managed by Allspring. ### How has ASCE performed? ASCE's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does ASCE pay a dividend? Allspring SMID Core ETF (ASCE) currently distributes little or no income. Trailing-twelve-month yield is 0.18%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does ASCE pay dividends? Allspring SMID Core ETF pays dividends Irregular. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is ASCE's dividend yield? ASCE's trailing-twelve-month yield is 0.18%, calculated from the sum of dividends over the past year divided by the current price. ### When is ASCE's next ex-dividend date? The most recently announced ex-dividend date for ASCE was 2025-12-22. The next ex-date typically follows Irregular; once announced it appears at the top of the dividend history table on this page. ### How much will ASCE's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.38% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does ASCE charge its expense ratio? The expense ratio is deducted in tiny daily slices from ASCE's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does ASCE cost more than a fund like VOO? ASCE is actively managed (current expense ratio 0.38%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether ASCE's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to ASCE? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as ASCE (0.38%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/asce - Distribution history: https://www.dividenddata.com/funds/asce/dividend - Holdings & diversification: https://www.dividenddata.com/funds/asce/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/asce/expenses - Peer comparison: https://www.dividenddata.com/funds/asce/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.