Snowball logo
logo
ERC_logo

Allspring Multi Sector Income Fund

ERC โ€ข NYSE MKT
$9.298-$0.032ย  (0.34%)
Estimate
P/E
9.8
EPS
0.95
Beta
0.54
Growth
Revenue, YoY
37.42%
Net income, YoY
-72.97%
FCF, YoY
-28.99%
Dividends
Dividend yield
9.37%
Annual payout
$0.87
Next ex. div date
August 13, 26
Payout
99.72%
Div.growth, 5y
-4.91%
Dividend growth streak
1 year
Div.rating
About the company
Ticker
ERC
ISIN
US94987D1019
Country
United States of America
Sector (GICS)
Financials
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.

Frequently asked questions

What sector does Allspring Multi Sector Income Fund (ERC) operate in?

Allspring Multi Sector Income Fund belongs to the Financials sector and operates in the Asset Management industry.

What is Allspring Multi Sector Income Fund (ERC) current stock price?

As of the latest data, Allspring Multi Sector Income Fund stock price is $9.30, with a previous close of $9.33. Allspring Multi Sector Income Fund lost -$0.03 in the last trading session, representing a -0.34% loss.

What is Allspring Multi Sector Income Fund (ERC) current market capitalization?

Allspring Multi Sector Income Fund market cap is approximately 260.84 million.

What is Allspring Multi Sector Income Fund (ERC) Earnings Per Share (EPS)?

The trailing EPS is $0.95.

What is Allspring Multi Sector Income Fund (ERC) Price-to-Earnings (P/E) ratio?

Allspring Multi Sector Income Fund current P/E ratio is 9.79.

What is Allspring Multi Sector Income Fund (ERC) EBITDA?

Allspring Multi Sector Income Fund EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is 9.19 million.

Does Allspring Multi Sector Income Fund (ERC) pay dividends?

Yes. Allspring Multi Sector Income Fund pays monthly dividends with an annualized yield of 9.37% and an estimated annual payout of $0.87 per share.

When is the next ex-dividend date for Allspring Multi Sector Income Fund (ERC)?

The next ex-dividend date is scheduled for August 13, 2026.

What is Allspring Multi Sector Income Fund (ERC) beta (volatility) score?

Allspring Multi Sector Income Fund has a beta of 0.540, indicating lower volatility than the overall market.