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ALLSPRING MULTI-SECTOR INCOME FUND (ERC)

Industry: Asset Management - Income

Allspring Multi-Sector Income Fund logo

Allspring Multi-Sector Income Fund

NYSE:ERCFinancial Services
Pre+0.00%$8.56
Close$8.56-0.35%AH$8.56+0.00%vs close
Mkt Cap$240.14M
Float28.05M
O/S28.05M
Inst Own36.2%
SI0.2%
Div Yield10.17%
Dilution
Allspring Multi-Sector Income Fund logoNYSE:ERCPre$8.56+0.00%
Historical Data
DateOpenHighLowCloseVolume
Nov 6, 20268.598.698.568.5665,476
Nov 5, 20268.678.698.518.59107,027
Nov 4, 20268.558.678.538.6788,291
Nov 3, 20268.528.588.508.5679,796
Nov 2, 20268.508.598.438.51148,178
Oct 30, 20268.468.498.398.4779,338
Oct 29, 20268.398.508.388.46211,879
Oct 28, 20268.428.478.428.4363,479
Oct 27, 20268.368.458.368.4389,205
Oct 26, 20268.398.448.368.38108,234
Oct 23, 20268.468.468.388.3995,475
Oct 22, 20268.428.518.388.44245,614
Oct 21, 20268.458.508.428.4744,727
Oct 20, 20268.368.518.368.47169,456
Oct 19, 20268.508.518.448.4869,771
Oct 16, 20268.498.528.488.4822,821
Oct 15, 20268.448.538.428.4957,340
Oct 14, 20268.508.508.428.44113,641
Oct 13, 20268.568.608.458.51105,445
Oct 12, 20268.628.648.548.6117,052
Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
InsiderTypeShares
SHLISSEL BRIAN S profile photoSHLISSEL BRIAN SPurchase400
Shareholders
36.2%
Institutional
(69)
0.0%
Insiderⓘ
(1)
0.0%
5%+ Owners
(0)
63.8%
Unattributed (incl. retail)ⓘ
Institutional36.2%
Insider0.0%
Unattributed (incl. retail)63.8%
Sources: 13F, Form 4, 13D/13GO/S: 28.1M · date not recorded · SEC EDGAR
Insiders & Institutional Holders

Insiders

Top institutional holders

About

The Allspring Multi-Sector Income Fund operates as a closed-end mutual fund, concentrating its investments in fixed-income assets.

It was initiated and is primarily overseen by Wells Fargo Funds Management, LLC, with First International Advisors, Inc. and Wells Capital Management Incorporated providing joint management expertise. The fund's strategy involves allocating capital across a diverse range of global debt instruments.

Its portfolio is predominantly comprised of a variety of higher-yielding, lower-rated corporate debt, including bank loans, sovereign and corporate debt from international and developing economies, adjustable and fixed-rate mortgage-backed securities, and select investment-grade corporate bonds. This fund was established on June 25, 2003, and maintains its legal domicile in the United States.

Key Metrics
Market Cap$240.14M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership36.20%

based on 28.05M shares outstanding

SectorFinancial Services
IndustryAsset Management - Income
ExchangeNYSE American
CountryUSUS
IPO DateJun 25, 2003
Shares Outstanding28.05M
Authorized Shares
Float28.05M
52-Week Range
$8.36$9.58
$8.56(16th percentile)
Volume
Average Daily Volume99.11K
65.47K today vs 99.11K avg(-34%)

30d Avg

99.11K

60d Avg

86.13K

90d Avg

74.94K

Earnings
Dividend History
TTM Yield
10.17%
Paid monthly
Annual (LTM)
$0.87
Latest
$0.0723
Nov 12, 26
5Y Growth
--
Compliance Status
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