Select Allspring strategies are now available as ETF share classes, giving investors more choice in how they invest. Learn more about the new options: allsprg.co/4i72sSB ----- Carefully consider a fund’s investment objectives, risks, charges, and expenses before investing. For a current prospectus and, if available, a summary prospectus, containing this and other information, visit allspringglobal.com. Read it carefully before investing. Investing involves risk, including the possible loss of principal. Allspring ETFs are not available for distribution outside of the United States. Allspring Funds Distributor, LLC (Member FINRA/SIPC).

Giving back takes many forms. 💜 Through Days of Connectivity, Allspringers around the world came together to support the communities where we live and work. Colleagues volunteered with food banks and community organizations, cared for local parks and green spaces, organized donation drives, and found other ways to lend a hand. Look at some of our teams in action. #WeAreAllspring

More than half of near-retirees in our study expect to move their workplace savings elsewhere at retirement, even as 70% say they trust their employer on plan design. Lower costs, retirement-focused investment options, and simple withdrawal flexibility are among the top reasons they say they would stay. Explore the findings: allsprg.co/4yCmGdJ

The U.S. midterms may be getting plenty of attention, but they’re only one part of the risk picture. Our October Market Risk Monitor looks at the election alongside heightened U.S. Treasury market risk, geopolitical tensions, artificial intelligence (AI) infrastructure, and other potential risks our Investment Analytics team is assessing. allsprg.co/4i9TiFV

When there’s no single macro outcome to rely on, flexibility matters. Noah Wise explains why higher yields and market uncertainty may favor an active approach to fixed income. allsprg.co/4rXiYJ6

Clients may know their tax bracket. Do they know their effective tax rate or when itemizing may make sense? Holly Swan covers both topics in her Income Insights series. allsprg.co/4AwgfdJ Allspring Global Investments does not provide accounting, legal, or tax advice or investment recommendations. All investing involves risks including the possible loss of principal.

Volatility has investors questioning where to put money to work. Nick Venditti explains why today’s income levels could make municipal bonds particularly relevant. allsprg.co/4yNBJBC

Today’s financing costs haven’t put much of a brake on the economy yet. George Bory thinks that could change. He joined @business to discuss how the lagged effects of tighter financial conditions could shape the outlook for bond investors. allsprg.co/4jfL7ZK This material is for educational purposes only and is not intended to provide investment advice or a recommendation. Opinions expressed are those of the speaker. All investing involves risks including the possible loss of principal. Diversification does not ensure or guarantee better performance and cannot eliminate the risk of investment losses.

More uncertainty can mean more opportunity for active investors. Noah Wise explains why flexibility and disciplined security selection may be especially important for navigating fixed income in Q4. allsprg.co/4rXiYJ6

China has lagged much of emerging markets this year. Could that create an opportunity heading into 2027? On @CNBC Derrick Irwin explains why low valuations, select companies trading at depressed multiples, and a more supportive policy backdrop have his attention. allsprg.co/4zsxYkG This material is for educational purposes only and is not intended to provide investment advice or a recommendation. Opinions expressed are those of the speaker. All investing involves risks including the possible loss of principal.

“Good time to be a lender, not the best time to be a borrower.” With demand for capital running high, George Bory explains why bond investors may have more room to pick their spots across borrowers and markets. Hear more from his conversation with @business. allsprg.co/4jfL7ZK This material is for educational purposes only and is not intended to provide investment advice or a recommendation. Opinions expressed are those of the speaker. All investing involves risks including the possible loss of principal. Diversification does not ensure or guarantee better performance and cannot eliminate the risk of investment losses.

A strong retirement plan is more than a collection of investment options. See how participant-focused thinking and practical portfolio construction can help plan sponsors bring the pieces together to build more personalized, risk-aware retirement solutions. allsprg.co/4yV730V

Brazil’s election results gave markets plenty to cheer about. Can the country turn that optimism into lasting structural improvement? Derrick Irwin joined @CNBC to discuss what could come next for Brazil and where he sees overlooked opportunities across emerging markets, including China and South Africa. allsprg.co/4zsxYkG This material is for educational purposes only and is not intended to provide investment advice or a recommendation. Opinions expressed are those of the speaker. All investing involves risks including the possible loss of principal.

Retirement decisions don't all call for the same level of support. As participants approach retirement, decisions around income, access, flexibility, and control can bring new trade-offs. Our 2026 Retirement Study explores what participants value and what that could mean for plan sponsors and advisors. allsprg.co/4yCmGdJ

Bond markets are giving investors more to choose from, but also more to weigh. Changing credit spreads and continued issuance are creating new considerations for security selection. Henrietta Pacquement shares her perspective with Bloomberg. allsprg.co/3Tr4ZPe This material is for educational purposes only and is not intended to provide investment advice or a recommendation. Opinions expressed are those of the speaker. All investing involves risks including the possible loss of principal.

Higher yields aren't just another market headwind. They're changing the income opportunity. This month's Macro Matters looks at the forces behind the recent rate reset and where opportunities may be starting to emerge. allsprg.co/4zl6fCL

There’s no single force driving today’s bond market. Fiscal pressures, energy prices, and new issuance are all influencing yields, often in different ways. Henrietta Pacquement looks at what this means for investors and why deliberate risk taking and careful security selection may matter in this environment. allsprg.co/3Tr4ZPe This material is for educational purposes only and is not intended to provide investment advice or a recommendation. Opinions expressed are those of the speaker. All investing involves risks including the possible loss of principal.

What has history meant for markets after U.S. midterms? Our Investment Analytics team looked back at more than 70 years of market history. Take a closer look at what followed past midterm elections. allsprg.co/4i9TiFV

Higher yields are giving investors reasons to reassess fixed income opportunities. Geopolitics, persistent inflation, and heavy borrowing needs are contributing to the reset. See how the changing rate calculus could affect the investment outlook in this month’s Macro Matters. allsprg.co/4zl6fCL