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Allspring Multi Sector Income Fund (ERC)

Upturn stock ratingUpturn stock rating
$9.45
Last Close (24-hour delay)
Profit since last BUY4.3%
upturn advisory
Consider higher Upturn Star rating
BUY since 36 days
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
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Upturn Advisory Summary

06/30/2025: ERC (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

Analysts rated it

Moderately tracked stock, growing coverage, gaining market and investor attention.

1 Year Target Price $

1 Year Target Price $

Analysts Price Target For last 52 week
$Target price
Low$
Current$9.45
high$

Analysis of Past Performance

Type Stock
Historic Profit 9.28%
Avg. Invested days 56
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 4.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 06/30/2025

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 264.55M USD
Price to earnings Ratio 6.93
1Y Target Price -
Price to earnings Ratio 6.93
1Y Target Price -
Volume (30-day avg) -
Beta 0.59
52 Weeks Range 8.16 - 9.44
Updated Date 06/29/2025
52 Weeks Range 8.16 - 9.44
Updated Date 06/29/2025
Dividends yield (FY) 9.19%
Basic EPS (TTM) 1.36

Earnings Date

Report Date 2025-06-30
When After Market
Estimate -
Actual -

Profitability

Profit Margin 124.54%
Operating Margin (TTM) 91.1%

Management Effectiveness

Return on Assets (TTM) 4.37%
Return on Equity (TTM) 13.99%

Valuation

Trailing PE 6.93
Forward PE -
Enterprise Value 383312800
Price to Sales(TTM) 8.68
Enterprise Value 383312800
Price to Sales(TTM) 8.68
Enterprise Value to Revenue 9.97
Enterprise Value to EBITDA -
Shares Outstanding 28053800
Shares Floating -
Shares Outstanding 28053800
Shares Floating -
Percent Insiders -
Percent Institutions 42.04

Analyst Ratings

Rating 3
Target Price -
Buy -
Strong Buy -
Buy -
Strong Buy -
Hold 1
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Allspring Multi Sector Income Fund

stock logo

Company Overview

overview logo History and Background

Allspring Multi-Sector Income Fund is a closed-end fund managed by Allspring Global Investments. It invests in various fixed-income sectors. Specific founding details and milestones are not readily available publicly in a concise format.

business area logo Core Business Areas

  • Fixed Income Investments: Invests in a diversified portfolio of fixed-income securities across multiple sectors, including U.S. government securities, corporate bonds, mortgage-backed securities, and asset-backed securities.

leadership logo Leadership and Structure

Allspring Global Investments manages the fund. Specific individual leadership details require accessing Allspring's management structure.

Top Products and Market Share

overview logo Key Offerings

  • Multi-Sector Income Fund (Closed-End): A diversified portfolio of fixed-income securities aimed at generating current income. Market share data for this specific fund isn't publicly available in a concise format. Competitors include other multi-sector bond funds from firms like PIMCO, BlackRock, and DoubleLine.

Market Dynamics

industry overview logo Industry Overview

The multi-sector fixed-income market is influenced by interest rates, credit spreads, and economic growth. Demand fluctuates based on risk appetite and the search for yield.

Positioning

Allspring Multi-Sector Income Fund positions itself by offering diversified exposure to various fixed-income sectors to generate income. Competitive advantage lies in portfolio management expertise and sector allocation strategies.

Total Addressable Market (TAM)

The TAM for fixed-income investments is trillions of dollars globally. The fund's positioning depends on its asset allocation strategy and its ability to attract investors seeking yield and diversification.

Upturn SWOT Analysis

Strengths

  • Diversified portfolio
  • Experienced management team
  • Focus on income generation

Weaknesses

  • Exposure to interest rate risk
  • Credit risk in lower-rated securities
  • Closed-end fund structure can lead to price volatility

Opportunities

  • Rising interest rate environment (potentially)
  • Increased demand for income-generating assets
  • Expansion into new fixed-income sectors

Threats

  • Economic recession
  • Interest rate hikes
  • Increased competition from other funds

Competitors and Market Share

competitor logo Key Competitors

  • PIMCO Income Strategy Fund (PFL)
  • BlackRock Multi-Sector Income Trust (BIT)
  • DoubleLine Income Solutions Fund (DSL)

Competitive Landscape

Competition is based on investment performance, expense ratios, and distribution rates. Allspring's advantage lies in its specific investment strategy and expertise.

Growth Trajectory and Initiatives

Historical Growth: Growth is tied to investment performance and the ability to attract and retain assets under management.

Future Projections: Future projections depend on market conditions, portfolio management strategies, and the ability to generate consistent income.

Recent Initiatives: Recent initiatives may include changes to portfolio allocation, expense management, or marketing efforts.

Summary

Allspring Multi Sector Income Fund aims to provide income through diversified fixed-income investments. Performance relies on effective portfolio management and sector allocation. The fund faces risks from interest rates and credit conditions. Its success depends on consistently generating competitive returns in a challenging market.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Allspring Global Investments website
  • Financial news websites
  • SEC filings

Disclaimers:

This analysis is for informational purposes only and does not constitute investment advice. Market conditions and fund performance can change over time.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Allspring Multi Sector Income Fund

Exchange NYSE MKT
Headquaters Charlotte, NC, United States
IPO Launch date 2003-06-25
CEO -
Sector Financial Services
Industry Asset Management
Full time employees -
Website
Full time employees -
Website

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.