Allspring Multi-Sector Income Fund (ERC)Financial Services | Asset Management | Charlotte, United States | NYSE American
9.30 USD
+0.02
(0.216%)
⇧
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★★☆☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆ |
Hot Take | April 18, 2026, 11:32 p.m. EDT
ERC is a high-yield defensive play on low volatility (beta 0.58) with a stable distribution, but the strong payout ratio (90%) and negative revenue growth make it a vulnerable cash generator over the long term; short-term price action is near-term neutral to slightly bullish as it bounces from recent lows. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.015880 |
| AutoETS | 0.015932 |
| AutoTheta | 0.018583 |
| AutoARIMA | 0.021948 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 46% |
| H-stat | 6.20 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.157 |
| Excess Kurtosis | -0.86 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Ex Dividend Date | 2026-04-09 |
| Last Dividend Date | 2026-04-09 |
| Debt to Equity Ratio | 42.208 |
| Revenue per Share | 1.032 |
| Market Cap | 260,900,352 |
| Trailing P/E | 9.69 |
| Beta | 0.58 |
| Profit Margins | 93.54% |
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.79% | 9.67% | 10.21% | 11.60% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-10 | 0.073 | 0.794342 |
| 2026-03-12 | 0.073 | 0.818459 |
| 2026-02-12 | 0.072 | 0.779947 |
| 2026-01-12 | 0.072 | 0.790963 |
| 2025-12-11 | 0.072 | 0.790304 |
| 2025-11-13 | 0.072 | 0.798057 |
| 2025-10-14 | 0.072 | 0.799875 |
| 2025-09-12 | 0.072 | 0.787577 |
| 2025-08-11 | 0.072 | 0.815443 |
| 2025-07-11 | 0.072 | 0.818211 |
| 2025-06-12 | 0.072 | 0.831494 |
| 2025-05-12 | 0.072 | 0.845164 |
| 2025-04-11 | 0.073 | 0.923368 |
| 2025-03-13 | 0.073 | 0.876645 |
| 2025-02-13 | 0.073 | 0.878794 |
| 2025-01-13 | 0.073 | 0.907295 |
| 2024-12-12 | 0.073 | 0.906593 |
| 2024-11-12 | 0.066 | 0.836273 |
| 2024-10-15 | 0.066 | 0.815180 |
| 2024-09-13 | 0.066 | 0.820981 |
| 2024-08-12 | 0.066 | 0.835795 |
| 2024-07-11 | 0.066 | 0.853887 |
| 2024-06-13 | 0.066 | 0.867757 |
| 2024-05-10 | 0.066 | 0.873120 |
| 2024-04-11 | 0.065 | 0.867128 |
| 2024-03-11 | 0.065 | 0.841554 |
| 2024-02-12 | 0.065 | 0.834899 |
| 2024-01-12 | 0.065 | 0.837100 |
| 2023-12-11 | 0.065 | 0.874028 |
| 2023-11-13 | 0.065 | 0.894814 |
| 2023-10-12 | 0.065 | 0.912344 |
| 2023-09-11 | 0.065 | 0.864668 |
| 2023-08-11 | 0.065 | 0.855275 |
| 2023-07-13 | 0.065 | 0.882118 |
| 2023-06-12 | 0.065 | 0.938023 |
| 2023-05-11 | 0.066 | 0.963791 |
| 2023-04-13 | 0.067 | 0.944171 |
| 2023-03-10 | 0.068 | 0.963200 |
| 2023-02-10 | 0.069 | 0.906367 |
| 2023-01-12 | 0.071 | 0.932540 |
| 2022-12-12 | 0.072 | 0.985364 |
| 2022-11-10 | 0.074 | 1.069196 |
| 2022-10-13 | 0.076 | 1.233328 |
| 2022-09-12 | 0.077 | 1.056055 |
| 2022-08-11 | 0.089 | 1.176064 |
| 2022-07-11 | 0.091 | 1.354627 |
| 2022-06-10 | 0.093 | 1.361548 |
| 2022-05-12 | 0.094 | 1.474810 |
| 2022-04-11 | 0.095 | 1.367212 |
| 2022-03-11 | 0.096 | 1.387560 |
| 2022-02-11 | 0.096 | 1.227424 |
| 2022-01-13 | 0.096 | 1.106417 |
| 2021-12-13 | 0.096 | 1.100924 |
| 2021-11-12 | 0.096 | 1.053800 |
| 2021-10-12 | 0.096 | 1.083395 |
| 2021-09-13 | 0.096 | 1.067232 |
| 2021-08-12 | 0.095 | 1.116520 |
| 2021-07-12 | 0.094 | 1.132771 |
| 2021-06-11 | 0.093 | 1.124529 |
| 2021-05-13 | 0.092 | 1.145383 |
| 2021-04-12 | 0.091 | 1.157727 |
| 2021-03-11 | 0.091 | 1.167103 |
| 2021-02-11 | 0.092 | 1.177147 |
| 2021-01-12 | 0.092 | 1.224885 |
| 2020-12-11 | 0.092 | 1.255922 |
| 2020-11-12 | 0.093 | 1.335421 |
| 2020-10-13 | 0.093 | 1.381331 |
| 2020-09-11 | 0.094 | 1.397766 |
| 2020-08-13 | 0.095 | 1.375335 |
| 2020-07-13 | 0.096 | 1.459028 |
| 2020-06-12 | 0.097 | 1.521084 |
| 2020-05-11 | 0.098 | 1.693631 |
| 2020-04-13 | 0.099 | 1.707146 |
| 2020-03-12 | 0.099 | 1.840435 |
| 2020-02-13 | 0.099 | 1.328870 |
| 2020-01-13 | 0.099 | 1.378513 |
| 2019-12-12 | 0.099 | 1.418995 |
| 2019-11-12 | 0.099 | 1.416582 |
| 2019-10-15 | 0.099 | 1.472990 |
| 2019-09-12 | 0.099 | 1.483638 |
| 2019-08-12 | 0.099 | 1.478747 |
| 2019-07-11 | 0.100 | 1.480511 |
| 2019-06-13 | 0.100 | 1.514969 |
| 2019-05-13 | 0.101 | 1.570162 |
| 2019-04-11 | 0.101 | 1.571522 |
| 2019-03-11 | 0.102 | 1.625190 |
| 2019-02-13 | 0.103 | 1.664592 |
| 2019-01-15 | 0.103 | 1.749850 |
| 2018-12-14 | 0.104 | 1.839768 |
| 2018-11-13 | 0.105 | 1.813063 |
| 2018-10-12 | 0.106 | 1.826241 |
| 2018-09-14 | 0.106 | 1.748746 |
| 2018-08-14 | 0.107 | 1.750609 |
| 2018-07-13 | 0.107 | 1.775420 |
| 2018-06-12 | 0.108 | 1.780263 |
| 2018-05-14 | 0.108 | 1.774426 |
| 2018-04-13 | 0.108 | 1.759275 |
| 2018-02-13 | 0.108 | 1.782042 |
| 2018-01-16 | 0.108 | 1.776348 |
| 2017-12-12 | 0.108 | 1.820079 |
| 2017-11-14 | 0.108 | 1.861132 |
| 2017-10-13 | 0.108 | 1.808661 |
| 2017-09-12 | 0.108 | 1.815220 |
| 2017-08-11 | 0.107 | 1.826717 |
| 2017-07-13 | 0.107 | 1.830607 |
| 2017-06-12 | 0.106 | 1.811781 |
| 2017-05-16 | 0.106 | 1.808551 |
| 2017-04-13 | 0.105 | 1.832685 |
| 2017-03-13 | 0.104 | 1.865951 |
| 2017-02-13 | 0.103 | 1.857160 |
| 2017-01-12 | 0.092 | 1.693802 |
| 2016-12-12 | 0.092 | 1.750478 |
| 2016-11-14 | 0.092 | 1.866873 |
| 2016-10-13 | 0.092 | 1.765571 |
| 2016-09-12 | 0.092 | 1.764439 |
| 2016-08-11 | 0.092 | 1.748329 |
| 2016-07-11 | 0.092 | 1.795305 |
| 2016-06-13 | 0.092 | 1.835657 |
| 2016-05-12 | 0.097 | 1.982695 |
| 2016-04-11 | 0.097 | 2.065163 |
| 2016-03-11 | 0.097 | 2.124523 |
| 2016-02-11 | 0.097 | 2.362106 |
| 2016-01-14 | 0.097 | 2.301041 |
| 2015-12-11 | 0.097 | 2.353399 |
| 2015-11-12 | 0.097 | 2.228119 |
| 2015-10-13 | 0.097 | 2.199217 |
| 2015-09-11 | 0.097 | 2.237999 |
| 2015-08-13 | 0.097 | 2.180213 |
| 2015-07-13 | 0.097 | 2.090514 |
| 2015-06-11 | 0.097 | 2.078704 |
| 2015-05-11 | 0.097 | 2.017703 |
| 2015-04-13 | 0.097 | 2.027772 |
| 2015-03-12 | 0.097 | 2.054609 |
| 2015-02-11 | 0.097 | 2.031419 |
| 2015-01-12 | 0.097 | 2.026487 |
| 2014-12-11 | 0.097 | 2.086456 |
| 2014-11-13 | 0.100 | 2.065007 |
| 2014-10-14 | 0.100 | 2.121858 |
| 2014-09-11 | 0.100 | 2.049553 |
| 2014-08-11 | 0.100 | 2.052377 |
| 2014-07-11 | 0.100 | 2.004345 |
| 2014-06-12 | 0.100 | 2.025962 |
| 2014-05-12 | 0.100 | 2.053498 |
| 2014-04-11 | 0.100 | 2.108883 |
| 2014-03-13 | 0.100 | 2.111742 |
| 2014-02-13 | 0.100 | 2.177079 |
| 2014-01-13 | 0.100 | 2.183171 |
| 2013-12-12 | 0.100 | 2.260276 |
| 2013-11-12 | 0.100 | 2.234700 |
| 2013-10-10 | 0.100 | 2.268049 |
| 2013-09-13 | 0.100 | 2.342739 |
| 2013-08-12 | 0.100 | 2.271834 |
| 2013-07-11 | 0.100 | 2.246713 |
| 2013-06-13 | 0.100 | 2.204660 |
| 2013-05-13 | 0.100 | 1.975911 |
| 2013-04-12 | 0.100 | 2.030375 |
| 2013-03-12 | 0.100 | 2.011977 |
| 2013-02-11 | 0.100 | 2.071539 |
| 2013-01-11 | 0.100 | 2.062688 |
| 2012-12-13 | 0.100 | 2.139405 |
| 2012-11-13 | 0.100 | 2.118172 |
| 2012-10-11 | 0.100 | 2.088410 |
| 2012-09-14 | 0.100 | 2.124371 |
| 2012-08-10 | 0.100 | 2.166655 |
| 2012-07-12 | 0.100 | 2.283915 |
| 2012-06-11 | 0.100 | 2.379522 |
| 2012-05-11 | 0.100 | 2.317363 |
| 2012-04-12 | 0.100 | 2.390183 |
| 2012-03-12 | 0.100 | 2.338953 |
| 2012-02-13 | 0.100 | 2.375716 |
| 2012-01-13 | 0.100 | 2.475739 |
| 2011-12-12 | 0.100 | 2.526936 |
| 2011-11-14 | 0.100 | 2.552988 |
| 2011-10-13 | 0.100 | 2.584838 |
| 2011-09-12 | 0.100 | 2.546154 |
| 2011-08-11 | 0.100 | 2.596984 |
| 2011-07-11 | 0.100 | 2.465625 |
| 2011-06-13 | 0.100 | 2.527613 |
| 2011-05-12 | 0.100 | 2.537430 |
| 2011-04-11 | 0.100 | 2.600585 |
| 2011-03-11 | 0.100 | 2.598815 |
| 2011-02-11 | 0.108 | 2.779103 |
| 2011-01-13 | 0.108 | 2.821058 |
| 2010-12-13 | 0.108 | 2.938336 |
| 2010-11-10 | 0.108 | 2.672711 |
| 2010-10-13 | 0.108 | 2.675523 |
| 2010-09-13 | 0.108 | 2.823207 |
| 2010-08-12 | 0.108 | 2.878078 |
| 2010-07-13 | 0.108 | 3.006101 |
| 2010-06-11 | 0.108 | 3.147099 |
| 2010-05-12 | 0.108 | 3.063303 |
| 2010-04-13 | 0.108 | 3.002386 |
| 2010-03-11 | 0.108 | 3.118678 |
| 2010-02-11 | 0.108 | 3.268588 |
| 2010-01-14 | 0.108 | 3.234157 |
| 2009-12-11 | 0.108 | 3.274300 |
| 2009-11-12 | 0.108 | 3.486693 |
| 2009-10-09 | 0.108 | 3.336383 |
| 2009-09-14 | 0.108 | 3.486520 |
| 2009-08-13 | 0.108 | 3.603237 |
| 2009-07-13 | 0.108 | 3.906386 |
| 2009-06-11 | 0.108 | 4.060978 |
| 2009-05-11 | 0.108 | 4.403232 |
| 2009-04-13 | 0.108 | 4.771058 |
| 2009-03-11 | 0.108 | 5.568407 |
| 2009-02-11 | 0.108 | 4.651363 |
| 2009-01-14 | 0.108 | 4.906718 |
| 2008-12-24 | 1.120 | 56.070283 |
| 2008-12-11 | 0.108 | 6.520580 |
| 2008-11-13 | 0.108 | 5.739714 |
| 2008-10-14 | 0.108 | 5.520281 |
| 2008-09-12 | 0.108 | 4.313423 |
| 2008-08-11 | 0.108 | 4.128042 |
| 2008-07-11 | 0.108 | 4.119152 |
| 2008-06-12 | 0.108 | 3.942028 |
| 2008-05-12 | 0.108 | 3.839061 |
| 2008-04-11 | 0.108 | 3.988215 |
| 2008-03-13 | 0.108 | 4.083309 |
| 2008-02-11 | 0.108 | 4.002700 |
| 2008-01-14 | 0.108 | 3.957385 |
| 2007-12-13 | 0.108 | 4.108896 |
| 2007-11-13 | 0.108 | 4.110978 |
| 2007-10-11 | 0.108 | 4.011757 |
| 2007-09-13 | 0.108 | 4.073586 |
| 2007-08-13 | 0.108 | 4.227045 |
| 2007-07-12 | 0.108 | 3.938169 |
| 2007-06-11 | 0.108 | 3.873835 |
| 2007-05-11 | 0.108 | 3.797058 |
| 2007-04-12 | 0.108 | 3.903984 |
| 2007-03-12 | 0.108 | 3.964977 |
| 2007-02-12 | 0.108 | 3.987653 |
| 2007-01-12 | 0.108 | 4.029169 |
| 2006-12-11 | 0.117 | 4.379708 |
| 2006-11-13 | 0.117 | 4.401960 |
| 2006-10-12 | 0.117 | 4.556546 |
| 2006-09-11 | 0.117 | 4.669427 |
| 2006-08-11 | 0.117 | 4.717123 |
| 2006-07-13 | 0.117 | 4.812488 |
| 2006-06-12 | 0.117 | 4.817491 |
| 2006-05-11 | 0.117 | 4.843371 |
| 2006-04-13 | 0.117 | 4.997719 |
| 2006-03-10 | 0.117 | 4.901705 |
| 2006-02-10 | 0.117 | 4.936773 |
| 2006-01-13 | 0.117 | 4.938845 |
| 2005-12-28 | 0.051 | 2.252966 |
| 2005-12-12 | 0.117 | 5.231597 |
| 2005-11-10 | 0.117 | 5.158878 |
| 2005-10-13 | 0.117 | 5.177180 |
| 2005-09-12 | 0.117 | 4.813567 |
| 2005-08-11 | 0.117 | 4.845728 |
| 2005-07-11 | 0.117 | 4.920741 |
| 2005-06-13 | 0.117 | 4.968344 |
| 2005-05-12 | 0.117 | 5.022509 |
| 2005-04-11 | 0.117 | 5.059652 |
| 2005-03-10 | 0.117 | 4.869960 |
| 2005-02-11 | 0.117 | 4.784542 |
| 2005-01-13 | 0.117 | 4.862624 |
| 2004-12-13 | 0.131 | 5.470322 |
| 2004-11-10 | 0.131 | 5.533522 |
| 2004-10-13 | 0.131 | 5.564223 |
| 2004-09-13 | 0.131 | 5.644508 |
| 2004-08-12 | 0.131 | 5.771624 |
| 2004-07-13 | 0.131 | 5.843696 |
| 2004-06-14 | 0.131 | 6.093605 |
| 2004-05-12 | 0.131 | 6.271871 |
| 2004-04-13 | 0.131 | 5.891941 |
| 2004-03-11 | 0.131 | 5.711888 |
| 2004-02-12 | 0.131 | 5.646113 |
| 2004-01-13 | 0.131 | 5.657910 |
| 2003-12-29 | 0.050 | 2.242264 |
| 2003-12-11 | 0.131 | 5.897019 |
| 2003-11-13 | 0.131 | 5.941878 |
| 2003-10-10 | 0.131 | 5.964333 |
| 2003-09-11 | 0.131 | 6.122382 |
| 2003-08-13 | 0.131 | 6.103056 |
| 2003-07-16 | 0.135 | 5.816780 |
| Attribute | Value |
|---|---|
| 52 Week Change | 0.037946463 |
| Address1 | 1,415 Vantage Park Drive |
| Address2 | 3rd Floor |
| All Time High | 20.05 |
| All Time Low | 6.94 |
| Ask | 0.0 |
| Ask Size | 1,200 |
| Average Daily Volume10 Day | 66,420 |
| Average Daily Volume3 Month | 80,529 |
| Average Volume | 80,529 |
| Average Volume10Days | 66,420 |
| Beta | 0.577 |
| Bid | 0.0 |
| Bid Size | 500 |
| Book Value | 10.05 |
| City | Charlotte |
| Country | United States |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 9.3 |
| Current Ratio | 0.066 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,774,915,200 |
| Day High | 9.3299 |
| Day Low | 9.23 |
| Debt To Equity | 42.208 |
| Dividend Date | 1,551,398,400 |
| Dividend Rate | 0.87 |
| Dividend Yield | 9.37 |
| Earnings Growth | 0.477 |
| Earnings Quarterly Growth | 0.477 |
| Earnings Timestamp End | 1,751,659,200 |
| Earnings Timestamp Start | 1,751,313,600 |
| Ebitda Margins | 0.0 |
| Enterprise To Revenue | 13.108 |
| Enterprise Value | 379,525,024 |
| Eps Trailing Twelve Months | 0.96 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,775,779,200 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 9.1804 |
| Fifty Day Average Change | 0.119600296 |
| Fifty Day Average Change Percent | 0.013027787 |
| Fifty Two Week Change Percent | 3.7946463 |
| Fifty Two Week High | 9.78 |
| Fifty Two Week High Change | -0.47999954 |
| Fifty Two Week High Change Percent | -0.04907971 |
| Fifty Two Week Low | 8.72 |
| Fifty Two Week Low Change | 0.5799999 |
| Fifty Two Week Low Change Percent | 0.06651375 |
| Fifty Two Week Range | 8.72 - 9.78 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,056,547,800,000 |
| Five Year Avg Dividend Yield | 9.4 |
| Free Cashflow | 14,134,067 |
| Full Exchange Name | NYSE American |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 1.0 |
| Gross Profits | 28,952,752 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.000010000001 |
| Held Percent Institutions | 0.43666 |
| Implied Shares Outstanding | 28,053,801 |
| Industry | Asset Management |
| Industry Disp | Asset Management |
| Industry Key | asset-management |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,775,779,200 |
| Last Dividend Value | 0.073 |
| Last Fiscal Year End | 1,761,868,800 |
| Long Business Summary | 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. |
| Long Name | Allspring Multi-Sector Income Fund |
| Market | us_market |
| Market Cap | 260,900,352 |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_6165702 |
| Most Recent Quarter | 1,761,868,800 |
| Net Income To Common | 27,081,136 |
| Next Fiscal Year End | 1,793,404,800 |
| Non Diluted Market Cap | 260,339,273 |
| Open | 9.29 |
| Operating Cashflow | 24,204,768 |
| Operating Margins | 0.90079004 |
| Payout Ratio | 0.8997 |
| Phone | 833-568-4255 |
| Previous Close | 9.28 |
| Price Hint | 2 |
| Price To Book | 0.92537314 |
| Price To Sales Trailing12 Months | 9.011246 |
| Profit Margins | 0.93536 |
| Quick Ratio | 0.066 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0200005 |
| Regular Market Change Percent | 0.215522 |
| Regular Market Day High | 9.3299 |
| Regular Market Day Low | 9.23 |
| Regular Market Day Range | 9.23 - 9.3299 |
| Regular Market Open | 9.29 |
| Regular Market Previous Close | 9.28 |
| Regular Market Price | 9.3 |
| Regular Market Time | 1,776,715,200 |
| Regular Market Volume | 30,782 |
| Return On Assets | 0.04019 |
| Return On Equity | 0.096540004 |
| Revenue Growth | -0.066 |
| Revenue Per Share | 1.032 |
| Sand P52 Week Change | 0.34445214 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 28,053,801 |
| Shares Percent Shares Out | 0.0026 |
| Shares Short | 55,091 |
| Shares Short Previous Month Date | 1,772,150,400 |
| Shares Short Prior Month | 38,117 |
| Short Name | 109,188 |
| Short Ratio | 1.69 |
| Source Interval | 15 |
| State | NC |
| Symbol | ERC |
| Total Cash | 375,327 |
| Total Cash Per Share | 0.013 |
| Total Debt | 119,000,000 |
| Total Revenue | 28,952,752 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.864 |
| Trailing Annual Dividend Yield | 0.09310345 |
| Trailing Eps | 0.96 |
| Trailing P E | 9.6875 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 9.36985 |
| Two Hundred Day Average Change | -0.06984997 |
| Two Hundred Day Average Change Percent | -0.007454758 |
| Type Disp | Equity |
| Volume | 30,782 |
| Zip | 28,203 |