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: $8.86 to $8.95
• 50-Day Range: N/A
• 52-Week Range: $8.77 to $9.60
• Volume: 182,566 shs
• Average Volume: 92,723 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 14.43%
• 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 $9.3656 at the start of the year. Since then, ERC shares have decreased by 4.5% and is now trading at $8.94.
View the best growth stocks for 2024 here.

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

Allspring Multi-Sector Income Fund's top institutional shareholders include Shaker Financial Services LLC, Raymond James & Associates, International Assets Investment Management LLC and Pathstone Holdings LLC. 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.
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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 12/2 Dividend: 11/12/2024
• Dividend Payable: 12/02/2024
• Ex-Dividend for 1/2 Dividend: 12/12/2024
• Today: 12/23/2024
• Dividend Payable: 1/02/2025

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
• CUSIP: N/A
• 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