ASCE - Allspring SMID Core ETF Stock Price & Dividend Safety Sector: Financial Services | Exchange: New York Stock Exchange Arca Current Price & Safety Score Price: 32.66 USD StockBonds Safety Grade: Altman Z-Score (Bankruptcy Risk): 0.00 StockBond Score: -2.00 Company Description The Allspring SMID Core ETF ASCE is an actively managed fund primarily focused on investing in equity securities of small and mediumsized US companies generally aligning with the constituents of the Russell 2500 Index Up to onefifth 20 of its total assets may be directed towards foreign companies operating in developed markets including American Depositary Receipts ADRs The funds investment strategy integrates sophisticated quantitative analysis with indepth 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