NYSEAMERICAN:ERC

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

$8.86
-0.08 (-0.89%)
(As of 04:32 PM ET)
Today's Range
$8.84
$8.89
50-Day Range
N/A
52-Week Range
$8.51
$9.74
Volume
85,386 shs
Average Volume
69,555 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
14.56%
Price Target
N/A
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

PIMCO Multi Sector Income Fund Unit (PIX_u)
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Allspring Multi Sector Income Fund (ERC)
World’s biggest multibillionaire investor is buying THIS by the ton [picture]
Don't Buy Bullion or Mining Stocks. Do THIS Instead As gold continues to break all-time highs, many folks will run out and buy bullion or mining stocks. That's not the best way to ride this gold bull market higher. Note, this showed a 995% gain the last time we shared this same investment idea.
Allspring Spectrum Aggressive Growth Fund;C
Allspring Real Return Fund;R6
ERC - Allspring Multi-Sector Income Fund
Allspring Index Asset Alloc Fd;A
ERC Red Crew Members Win Prestigious RNASA Award
Allspring Common Stock Fund;A
ERC Wells Fargo Multi-Sector Income Fund
/C O R R E C T I O N -- Allspring Global Investments/
ERC: Target Met, Moving From Sell To Being Neutral
Allspring Utilities and High Income Fund (ERH) CUSIP 94987E109
ERC: Global Fixed Income CEF, 10.5% Yield
See More Headlines
Receive ERC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Allspring Multi-Sector Income Fund and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Ex-Dividend for 4/1 Dividend
3/11/2024
Dividend Payable
4/01/2024
Ex-Dividend for 5/1 Dividend
4/11/2024
Today
4/25/2024
Dividend Payable
5/01/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:ERC
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
These 7 Stocks Will Be Magnificent in 2024 Cover

With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.

Get This Free Report

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

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 5.4% and is now trading at $8.86.
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 April. As of April 15th, there was short interest totaling 16,000 shares, an increase of 15.1% from the March 31st total of 13,900 shares. Based on an average trading volume of 70,800 shares, the days-to-cover ratio is presently 0.2 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. Stockholders of record on Friday, April 12th will be given a dividend of $0.0654 per share on Wednesday, May 1st. This represents a $0.79 dividend on an annualized basis and a dividend yield of 8.86%. The ex-dividend date 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?
Who are Allspring Multi-Sector Income Fund's major shareholders?

Allspring Multi-Sector Income Fund's stock is owned by a variety of institutional and retail investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (0.00%). 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.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:ERC) was last updated on 4/25/2024 by MarketBeat.com Staff

From Our Partners