Allspring Multi-Sector Income Fund (ERC) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $9.24 to $9.28
• 50-Day Range: $8.70 to $9.37
• 52-Week Range: $8.77 to $9.58
• Volume: 85,040 shs
• Average Volume: 105,449 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 13.93%
• Price Target: N/A
• Consensus Rating: N/A

ERC Stock Analysis - Frequently Asked Questions

How have ERC shares performed this year?

Allspring Multi-Sector Income Fund's stock was trading at $9.0059 on January 1st, 2025. Since then, ERC shares have increased by 2.8% and is now trading at $9.26.
View the best growth stocks for 2025 here.

Who are Allspring Multi-Sector Income Fund's major shareholders?

Allspring Multi-Sector Income Fund's top institutional investors include Sit Investment Associates Inc., 1607 Capital Partners LLC, Raymond James Financial Inc. and Raymond James Financial Inc.. Insiders that own company stock include James Polisson and Jane A Freeman.
View institutional ownership trends.

How do I buy shares of Allspring Multi-Sector Income Fund?

Shares of ERC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Allspring Multi-Sector Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Allspring Multi-Sector Income Fund investors own include AT&T (T), Ford Motor (F), Pfizer (PFE), AbbVie (ABBV), AGNC Investment (AGNC), Verizon Communications (VZ) and Exxon Mobil (XOM).

Company Calendar

• Ex-Dividend for 3/3 Dividend: 2/13/2025
• Dividend Payable: 3/03/2025
• Today: 3/09/2025
• Ex-Dividend for 4/1 Dividend: 3/13/2025
• Dividend Payable: 4/01/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSEAMERICAN:ERC
• Previous Symbol: NYSE:ERC
• CIK: 1227073
• Web: www.wellsfargoadvantagefunds.com
• Phone: 833-568-4255
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A