ERC
Allspring Multi-Sector Income Fund
Set alert
- YTD
- -8.92%
- 1 year
- -9.80%
- Open
- 8.46
- Prev close
- 8.46
- Mkt cap
- 237.62M
- Vol
- 79.34K
- Avg vol
- 73.08K
- EPS
- 0.95
- P/E
- 8.92
- Div yield
- 9.84%
More statistics
- Low
- 8.41
- High
- 8.49
- Forward P/E
- 0.00
- Beta
- 0.73
- Short ratio
- 0.17
- Inst. own
- 35.49%
- Dividend
- 0.87
- Ex-div date
- Dec 11, 2024
- 50-d avg
- 9.11
- 200-d avg
- 9.16
- 1y target
- 0.00
Key statistics
- Market cap
- 250.83M
- Enterprise value
- 368.01M
- Trailing P/E
- 11.04
- Forward P/E
- 0.00
- PEG ratio
- 0.00
- Price / sales
- 8.42
- Price / book
- 0.91
- EPS (TTM)
- 0.81
- Beta
- 0.73
- Dividend yield
- 9.84%
- Payout ratio
- 96.67%
- Profit margin
- 76.66%
- Revenue (TTM)
- 29.78M
- Revenue growth
- 12.50%
- Free cash flow
- 16.77M
- Total cash
- 139.61K
- Total debt
- 119.00M
- Return on equity
- 8.27%
- Shares outstanding
- 28.06M
- Short % of float
- 0.00%
- 50-day average
- 9.11
- 200-day average
- 9.16
Analyst view
Consensus: none
- Strong buy0
- Buy0
- Hold1
- Sell0
- Strong sell0
Next earnings
Consensus EPS estimate 0.00.
About Allspring Multi-Sector Income Fund
Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds. Allspring Multi-Sector Income Fund was formed on June 25, 2003 and is domiciled in the United States.
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- United States
News
- Allspring Closed-End Funds Declare Monthly Distributions
- ERC: A -3.2 Z-Score Signals A Rare Bargain In Fixed Income
- Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened
- Allspring Closed-End Funds Declare Monthly Distributions
- Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?
- Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
- ERC: Managed 8.75% Distribution Policy With Monthly Pay And Fixed-Income Exposure
- Allspring Multi-Sector Income Fund: Why I'm Not Buying This 9% Yield
- Allspring Closed-End Funds Declare Monthly Distributions
- Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) Share Price Passes Below 50-Day Moving Average – Should You Sell?
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| EBSWORTH WILLIAM ROBERT | Director | Purchase | May 31, 2023 | 3,200 |
| POLISSON JAMES | Director | Purchase | May 31, 2023 | 2,000 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Invesco Ltd. | 1.81% | 508,161 | 4.54M | Sep 29, 2024 |
| SIT Investment Associates Inc | 1.78% | 500,505 | 4.47M | Sep 29, 2024 |
| Royal Bank of Canada | 1.68% | 470,861 | 4.21M | Sep 29, 2024 |
| Shaker Financial Services, LLC | 1.65% | 462,891 | 4.14M | Sep 29, 2024 |
| Raymond James & Associates, Inc. | 1.21% | 338,980 | 3.03M | Sep 29, 2024 |
| 1607 Capital Partners, LLC | 1.20% | 337,100 | 3.01M | Sep 29, 2024 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Invesco ETF Tr II-Invesco Income Composite ETF | 1.33% | 373,556 | 3.34M | Oct 30, 2024 |
| Collaborative Inv Ser Tr-Rareview Dynamic Fixed Income ETF | 0.26% | 72,762 | 650.49K | Sep 29, 2024 |
| AQR Funds-AQR Diversified Arbitrage Fd | 0.18% | 50,286 | 449.56K | Sep 29, 2024 |
| Calamos ETF Tr-Calamos CEF Income & Arbitrage ETF | 0.18% | 49,432 | 441.92K | Oct 30, 2024 |
| Rydex Series Funds-Multi-Hedge Strategies Fund | 0.00% | 1,275 | 11.40K | Sep 29, 2024 |
| Rydex Variable Trust-Multi Hedge Strategies Fund | 0.00% | 806 | 7.21K | Sep 29, 2024 |