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Form 497 ALLSPRING FUNDS TRUST

May 26, 2022 7:08 AM EDT

SUPPLEMENT TO THE CLASS A AND CLASS C PROSPECTUS
OF
ALLSPRING TAXABLE FIXED INCOME FUNDS
For the Allspring International Bond Fund (the “Fund”)

At a meeting held May 24-25, 2022, the Board of Trustees of Allspring Funds Trust approved changes to the Class A sales charge schedule for the Funds, effective with purchases made on or after July 15, 2022. In connection with this change, the following amendments are made to the Prospectus, effective with purchases made on or after July 15, 2022:

In the section “Account Information - Share Class Features” the table entitled Class A Sales Charge Schedule for International Bond Fund is replaced with the following:

Class A Sales Charge Schedule for the International Bond Fund

Amount of Purchase

Front-end Sales Charge
As % of Public Offering
Price

Front-end Sales Charge
As % of Net Amount
Invested

Commission Paid to
Intermediary As % of
Public Offering Price

Less than $50,000

4.50%

4.71%

4.00%

$50,000 but less than $100,000

4.00%

4.17%

3.50%

$100,000 but less than $250,000

3.50%

3.63%

3.00%

$250,000 but less than $500,000

2.50%

2.56%

2.25%

$500,000 and over

0.00%1

0.00%

1.00% of first $2,500,000; plus 0.75% of next $2,500,000; plus 0.50% thereafter2
1. If you redeem Class A shares purchased at or above the $500,000 breakpoint level within eighteen months from the date of purchase, you will pay a CDSC of 1.00% of the NAV of the shares on the date of original purchase. Certain exceptions apply (see “CDSC Waivers”).
2. The commission paid to an Intermediary on purchases above the $500,000 breakpoint level is inclusive of the first year’s shareholder servicing fee.

Additionally, in the Share Class Features table, the Purchase Maximum for Class C is update to: “Not to equal or exceed $500,000”.

May 26, 2022

IFR042/P1001S4

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