The Allspring Emerging Markets Equity Fund Admin Class pursues its objective of long-term capital growth. To achieve this, it typically allocates a minimum of 80% of its net assets to equity investments in emerging markets. Its managers define 'emerging market companies' broadly, encompassing those that are headquartered, primarily operate, are publicly listed, or derive a significant portion of their revenue from emerging market nations, consistent with the criteria of the MSCI Emerging Markets Index.