NYSEAMERICAN:ERC

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

$9.09
+0.04 (+0.44%)
(As of 05/3/2024 ET)
Today's Range
$9.08
$9.11
50-Day Range
N/A
52-Week Range
$8.51
$9.74
Volume
70,923 shs
Average Volume
70,434 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
14.19%
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)
Conflict In Israel Sends Gold Soaring ???? Here’s How To Get Your Share
The latest flare-up between Israel and Palestinian militants has sent gold prices surging. Why? Because savvy investors know the endgame of the elites at play… Geopolitical crises breed uncertainty — and gold thrives on uncertainty.
Allspring Multi Sector Income Fund (ERC)
FW: 234x Gain
This coin is an essential building block for an ongoing financial revolution of massive dimensions. As a big part of this revolution, the big banks of the world must connect to the blockchain.
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 5/1 Dividend
4/11/2024
Dividend Payable
5/01/2024
Today
5/04/2024
Ex-Dividend for 6/3 Dividend
5/10/2024
Dividend Payable
6/03/2024

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
10 Best Stocks to Own in 2024 Cover

Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your 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 on January 1st, 2024. Since then, ERC shares have decreased by 2.9% and is now trading at $9.09.
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 daily trading volume, of 70,800 shares, the short-interest ratio is currently 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 declared a monthly dividend on Friday, April 26th. Stockholders of record on Monday, May 13th will be paid a dividend of $0.0657 per share on Monday, June 3rd. This represents a $0.79 dividend on an annualized basis and a yield of 8.67%. The ex-dividend date of this dividend is Friday, May 10th.
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 many different retail and institutional investors. Top institutional investors include Raymond James Financial Services Advisors Inc. (0.00%), Benjamin F. Edwards & Company Inc. (0.00%) and Choreo LLC (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 5/4/2024 by MarketBeat.com Staff

From Our Partners