Allspring Multi-Sector Income Fund
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Price Chart
About the company
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.
- CEO
- Peter Malcolm Wilson
- IPO
- 2003
- HQ
- Charlotte, NC, US
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Similar companies
Peers in the same neighborhood.
- Market Cap
- $239.58M
- P/E
- 8.90
- PEG
- 0.09
- P/S
- 8.63
- P/B
- 0.87
- EV/EBITDA
- 10.98
- Div Yield
- 10.19%
- Gross Margin
- 90.71%
- Op Margin
- 117.12%
- Net Margin
- 97.03%
- ROE
- 9.66%
- ROIC
- 8.12%
Latest fiscal year · YoY change
- Revenue
- $26.31M-42.5%
- Gross Profit
- $23.72M-38.3%
- Op Income
- $33.19M
- Net Income
- $27.08M-28.6%
- EPS
- $0.97-28.1%
- OCF Growth
- +10.8%
- FCF Growth
- +10.8%
- 52W High
- $9.73
- 52W Low
- $8.39
- 50D MA
- $9.01
- 200D MA
- $9.14
- Beta
- 0.58
- RSI (14)
- 33
- Avg Volume
- 58.93K
No earnings-call transcripts are available for ERC yet.
- Free Float
- 91.0%
- Shares Outstanding
- 28.05M
- Float Shares
- 25.52M
of shares held by institutions
72 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Sit Investment Associates Inc | 3.20M | ▲ 327.57K |
| Royal Bank Of Canada | 967.41K | ▲ 126.73K |
| Raymond James Financial Inc | 853.34K | ▼ 24.36K |
| Invesco Ltd. | 545.53K | ▲ 1.65K |
| Guggenheim Capital LLC | 521.00K | ▼ 136.37K |
| Morgan Stanley | 504.03K | ▼ 73.75K |
| Advisors Asset Management, Inc. | 480.83K | ▲ 243.07K |
| Shaker Financial Services, LLC | 354.98K | ▼ 13.06K |
| 1607 Capital Partners, LLC | 311.92K | ▼ 213.71K |
| Ameriprise Financial Inc | 256.13K | ▲ 8.72K |
| Rareview Capital LLC | 201.23K | ▲ 17.77K |
| Sowell Financial Services LLC | 147.78K | ▼ 9.47K |
Held by 3 ETFs
Biggest fund positions in ERC by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Feb 27, 26 | SHLISSEL BRIAN S | buy | 400 |
| Jan 2, 26 | Miller Cindy J | other | 0 |
| Jan 2, 26 | SHLISSEL BRIAN S | other | 0 |
| Aug 7, 25 | Reed Andrew Michael | other | 0 |
| Mar 18, 25 | Barbieri Thomas Edward | other | 0 |
| Mar 13, 25 | Tran Jimmy T | other | 0 |
| Jan 7, 25 | Kenney John | other | 0 |
| Nov 4, 24 | Hicks Adam F.S. | other | 0 |
| Jan 9, 24 | Ebsworth William R. | buy | 1,500 |
| Jan 4, 24 | POLISSON JAMES | buy | 1,000 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our ERC coverage
Recent articles, reports, and earnings notes.
No research on ERC yet
For a full analyst-grade research report — grades, price targets, financials, chart analysis — generate one on demand.
Generate ERC report →Allspring Closed-End Funds Declare Monthly Distributions
prnewswire.com · Sep 25
Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?
defenseworld.net · Sep 11
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
prnewswire.com · Aug 18
ERC: Managed 8.75% Distribution Policy With Monthly Pay And Fixed-Income Exposure
seekingalpha.com · Aug 9
Allspring Multi-Sector Income Fund: Why I'm Not Buying This 9% Yield
seekingalpha.com · Aug 8
Allspring Closed-End Funds Declare Monthly Distributions
prnewswire.com · Jul 31
Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) Share Price Passes Below 50-Day Moving Average – Should You Sell?
defenseworld.net · Jul 28
Allspring Closed-End Funds Declare Monthly Distributions
prnewswire.com · Jun 26
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.