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

Company Overview

Allspring Multi-Sector Income Fund (NYSE American: ERC) is a closed-end management investment company that seeks to provide high current income and total return by investing in a diversified portfolio of fixed-income securities. The fund trades on the NYSE American exchange and employs an active, research-driven approach to credit selection across multiple sectors of the debt market.

The fund’s investment strategy spans a broad array of fixed-income instruments, including corporate bonds, bank loans, securitized products such as mortgage- and asset-backed securities, and sovereign debt. By allocating assets across both investment-grade and below-investment-grade credit, the fund aims to enhance yield while managing portfolio volatility through sector diversification and rigorous credit analysis.

Allspring Multi-Sector Income Fund is advised by Allspring Global Investments, a U.S.-based investment manager formed in 2021 following the spin-out of Wells Fargo Asset Management. Allspring Global Investments leverages a team of credit analysts and portfolio managers to oversee the fund’s sector allocations and security selection, drawing upon both fundamental research and market-driven insights.

The fund’s geographic mandate includes exposure to domestic U.S. debt alongside select international fixed-income markets, enabling flexible positioning as market conditions evolve. With the ability to employ leverage and derivative instruments, the fund seeks to optimize income generation while adhering to a disciplined risk management framework. Investors in ERC gain access to a multi-sector fixed-income strategy designed for those seeking income-oriented solutions within a closed-end fund structure.

Key Stats

• Today's Range: $9.62 to $9.68
• 50-Day Range: $9.18 to $9.70
• 52-Week Range: $8.44 to $9.73
• Volume: 63,491 shs
• Average Volume: 96,637 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 13.38%
• 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 7.0% and is now trading at $9.64.

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

Top institutional investors of Allspring Multi-Sector Income Fund include Raymond James Financial Inc., Invesco Ltd., Guggenheim Capital LLC and Shaker Financial Services LLC.
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

• Record date for 9/2 Dividend: 8/11/2025
• Ex-Dividend for 9/2 Dividend: 8/11/2025
• Dividend Payable: 9/02/2025
• Record date for 10/1 Dividend: 9/12/2025
• Ex-Dividend for 10/1 Dividend: 9/12/2025
• Today: 9/23/2025
• Dividend Payable: 10/01/2025

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 (Trailing Twelve Months): 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