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DOW   37,775.38
QQQ   423.41
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S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Biden’s $374B Giveaway Into This Sector (Ad)
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
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These are the Top 4 Stocks for Buybacks in 2024
The “Perfect Storm” for Gold (Ad)
Can Netflix Stock Continue Into All-Time Highs After Earnings?
Shares of Walmart-backed Ibotta soar on public debut
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NYSEAMERICAN:ERC

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

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Free ERC Stock Alerts
$8.83
+0.03 (+0.34%)
(As of 04/18/2024 ET)
Compare
Today's Range
$8.80
▼
$8.83
50-Day Range
N/A
52-Week Range
$8.51
▼
$9.74
Volume
64,526 shs
Average Volume
69,424 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
14.61%
Price Target
N/A
Stock AnalysisChartDividendHeadlinesOwnershipShort Interest
ERC stock logo

About Allspring Multi-Sector Income Fund Stock (NYSEAMERICAN:ERC)

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.

ERC Stock Price History

ERC Stock News Headlines

April 5, 2024 | investing.com
PIMCO Multi Sector Income Fund Unit (PIX_u)
March 28, 2024 | seekingalpha.com
Allspring Utilities and High Income Fund declares $0.0628 dividend
April 19, 2024 | InvestorPlace (Ad)
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During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
March 6, 2024 | investing.com
Allspring Multi Sector Income Fund (ERC)
February 21, 2024 | finance.yahoo.com
Allspring Announces Change to Multi-Sector Income Fund Portfolio Management Team
February 21, 2024 | prnewswire.com
Allspring Announces Change to Multi-Sector Income Fund Portfolio Management Team
December 29, 2023 | msn.com
Allspring Multi-Sector Income Fund declares $0.065 dividend
December 21, 2023 | finance.yahoo.com
Allspring Closed-End Funds Adopt Amended and Restated By-Laws
April 19, 2024 | InvestorPlace (Ad)
You’re invited: Biggest crypto event of 2024
During the event on Tuesday, April 23 at 10 am ET, I’ll be giving away the name and ticker symbol of crypto that could surge in price. I believe it will be the best performing crypto of 2024.
October 5, 2023 | msn.com
Allspring Global Investment presents a custom SMA portal for advisers
September 29, 2023 | wsj.com
Allspring Spectrum Aggressive Growth Fund;C
September 29, 2023 | seekingalpha.com
Allspring Multi-Sector Income Fund declares $0.0649 dividend
September 21, 2023 | wsj.com
Allspring Real Return Fund;R6
August 4, 2023 | seekingalpha.com
American Century Multisector Floating Income ETF declares monthly distribution of $0.2442
July 13, 2023 | finance.yahoo.com
ERC - Allspring Multi-Sector Income Fund
July 8, 2023 | wsj.com
Allspring Index Asset Alloc Fd;A
June 16, 2023 | wsj.com
Janus Henderson Multi-Sector Income Fund;T
May 5, 2023 | benzinga.com
Allspring Multi-Sector Stock (AMEX:ERC), Guidance and Forecast
May 5, 2023 | benzinga.com
Allspring Multi-Sector Stock (AMEX:ERC), Dividends
May 1, 2023 | finance.yahoo.com
ERC Red Crew Members Win Prestigious RNASA Award
April 9, 2023 | msn.com
US fund manager Allspring sees rising demand for ‘liquid alternatives’ after bond, equity slump last year
March 24, 2023 | wsj.com
Allspring Common Stock Fund;A
February 16, 2023 | seekingalpha.com
ERC Wells Fargo Multi-Sector Income Fund
October 31, 2022 | finance.yahoo.com
/C O R R E C T I O N -- Allspring Global Investments/
October 11, 2022 | seekingalpha.com
ERC: Target Met, Moving From Sell To Being Neutral
October 3, 2022 | markets.businessinsider.com
Allspring Utilities and High Income Fund (ERH) CUSIP 94987E109
September 1, 2022 | seekingalpha.com
ERC: Global Fixed Income CEF, 10.5% Yield
See More Headlines
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Industry, Sector and Symbol

Stock Exchange
NYSEAMERICAN
Sector
Financial Services
Industry
Asset Management
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:ERC
Previous Symbol
NYSE:ERC
CUSIP
N/A
CIK
N/A
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
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Key Executives

  • Mr. Peter Malcolm Wilson
    Chief Operating Officer, Managing Director, Senior Portfolio Manager and Director
  • Mr. Anthony John Norris
    Chief Investment Officer, Managing Director, Senior Portfolio Manager and Director
  • Mr. Michael William Lee
    Director of Trading and Senior Portfolio Manager
  • Mr. Jonathan Alexander Geoffrey Perrin
    Director of Research and Senior Portfolio Manager
  • Mr. Christopher Y. Kauffman C.F.A.
    CFA, Portfolio Manager
  • Mr. Christopher A. Wightman
    Portfolio Manager
  • Mr. Noah Wise C.F.A.
    Portfolio Manager & Research Analyst

Key Competitors

View All Competitors

Insiders & Institutions

View All Institutional Transactions

ERC Stock Analysis - Frequently Asked Questions

How have ERC shares performed in 2024?

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 5.7% and is now trading at $8.83.
View the best growth stocks for 2024 here.

Are investors shorting Allspring Multi-Sector Income Fund?

Allspring Multi-Sector Income Fund saw a increase in short interest in the month of March. As of March 15th, there was short interest totaling 8,700 shares, an increase of 19.2% from the February 29th total of 7,300 shares. Based on an average trading volume of 64,500 shares, the short-interest ratio is currently 0.1 days.
View Allspring Multi-Sector Income Fund's Short Interest.

How often does Allspring Multi-Sector Income Fund pay dividends? What is the dividend yield for Allspring Multi-Sector Income Fund?

Allspring Multi-Sector Income Fund announced a monthly dividend on Thursday, March 28th. Shareholders of record on Friday, April 12th will be paid a dividend of $0.0654 per share on Wednesday, May 1st. This represents a $0.79 annualized dividend and a yield of 8.89%. The ex-dividend date of this dividend is Thursday, April 11th. This is a boost from the stock's previous monthly dividend of $0.07.
Read our dividend analysis for ERC.

Is Allspring Multi-Sector Income Fund a good dividend stock?

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) pays an annual dividend of $1.29 per share and currently has a dividend yield of 0.11%.
Read our dividend analysis for ERC.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Allspring Multi-Sector Income Fund investors own include Ford Motor (F), GAMCO Global Gold, Natural Resources & Income Trust (GGN), Reaves Utility Income Fund (UTG), Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD), KKR Income Opportunities Fund (KIO), PIMCO Dynamic Credit and Mortgage Income Fund (PCI), PIMCO Income Strategy Fund (PFL), Two Harbors Investment (TWO), Verizon Communications (VZ) and AbbVie (ABBV).

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.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:ERC) was last updated on 4/19/2024 by MarketBeat.com Staff

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