What this ETF is trying to do

The ALLSPRING SPECIAL LARGE VALUE ETF (ASLV) is an exchange-traded fund (ETF). It focuses on investing in large companies that are often considered "value" stocks. This means it looks for established businesses that might be priced reasonably compared to their actual worth.

What the numbers show

To understand how this ETF has performed, we can look at its price and returns over different time periods:

• Current Price: $30.45

• Estimated price from roughly one year ago: $27.29

• One-Year Price Return: 11.58%

• One-Year Total Return: 12.55%

• YTD (Year-to-Date) Price Return: 8.68%

• YTD (Year-to-Date) Total Return: 8.68%

It is important to know the difference between these numbers. The price return only measures how much the share price of the ETF went up or down. The total return reflects the overall return, which includes both the change in share price and any distributions (like cash payments) provided during that time. Because the one-year total return is higher than the one-year price return, it shows that distributions contributed to the investor's overall return.

Income and distribution explanation

This ETF has a distribution yield of 0.80%. This percentage describes the cash distributions relative to the current price of the ETF. In the last 12 months, there was only one payout. The frequency of these payments is described as "Irregular / less frequent."

It is important for new investors to know that a distribution yield does not mean an investor earned that specific percentage as their total return. Also, while distributions provide cash income, they do not guarantee that the original amount invested will be preserved.

NAV erosion explanation

NAV erosion is a term used to describe when the value of the underlying assets in a fund drops over time. StockValueFinder uses an erosion-risk score to measure this risk.

For ASLV, the erosion-risk score is 100, and the label states "No price erosion detected." The severity of this risk is rated as "good." Additionally, there is no severe erosion-risk flag on this ETF. This means that based on the supplied data, the fund has not shown signs of significant value loss in its underlying assets.

Pros

• The ETF has shown a positive price return and total return over the last year.

• It has a "good" rating for erosion-risk severity.

• It holds a diverse variety of 43 different companies, including well-known names like Amazon (7.66%), Microsoft (5.26%), and Apple (4.07%).

Cons

• The distributions are irregular and happen less frequently.

• Because the total return is higher than the price return, investors must look at both numbers to see the full picture of performance.

Beginner takeaway

ASLV tracks large value companies. Over the past year, it has shown growth in both its share price and its total return. It currently shows a good erosion-risk score, meaning there is no evidence of significant NAV erosion based on the provided data.