The Allspring SMID Cap Growth Fund underperformed the Russell 2500 Growth Index benchmark during the first quarter that ended March 31, 2026.
Carpenter Technology is benefiting from increased production rates at Boeing and recent regulatory approvals that are driving demand for mission-critical materials and components.
As one of only a few contractors capable of building large-scale power plants, Argan benefits from pricing power and strong demand across both gas-fired and renewable projects tied to grid modernization.
The fund maintained our position as we view Curtiss-Wright as a durable compounder supported by long-dated nuclear infrastructure demand.
The fund added to the position in MongoDB, Inc. in the quarter as the stock reached an attractive risk/reward profile.
