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Allspring Multi Sector Income Fund (ERC)

Upturn stock ratingUpturn stock rating
$9.47
Last Close (24-hour delay)
Profit since last BUY6.17%
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Consider higher Upturn Star rating
BUY since 78 days
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Upturn Advisory Summary

08/28/2025: 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.

Analysis of Past Performance

Type Stock
Historic Profit 11.71%
Avg. Invested days 63
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 08/28/2025

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

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 management investment company. It was formerly known as Wells Fargo Multi-Sector Income Fund. The fund invests in a diverse portfolio of fixed-income securities.

business area logo Core Business Areas

  • Investment Management: Primary business is managing a diversified portfolio of fixed-income securities aiming for high current income and capital appreciation.

leadership logo Leadership and Structure

The fund is managed by Allspring Global Investments. Specific leadership details of the fund's management team can be found on Allspring's official website.

Top Products and Market Share

overview logo Key Offerings

  • Multi-Sector Income Fund: Invests in various fixed-income sectors, including corporate bonds, government securities, mortgage-backed securities, and emerging market debt. Market share data is variable and depends on assets under management (AUM) compared to similar funds. Competitors include PIMCO, BlackRock, and other multi-sector bond funds.

Market Dynamics

industry overview logo Industry Overview

The fixed-income market is large and diverse, influenced by interest rates, economic growth, inflation, and credit spreads. Demand is driven by institutional and retail investors seeking income and diversification.

Positioning

The fund aims to generate high current income by actively allocating across multiple fixed-income sectors. Competitive advantage lies in Allspring's investment expertise and diversification strategy.

Total Addressable Market (TAM)

The total addressable market for fixed-income investments is trillions of dollars globally. The fund aims to capture a portion of this market by offering a diversified multi-sector income strategy.

Upturn SWOT Analysis

Strengths

  • Diversified investment approach
  • Experienced management team
  • Access to Allspring's research capabilities

Weaknesses

  • Subject to market volatility
  • Reliance on management's investment decisions
  • Fund performance is influenced by interest rate changes

Opportunities

  • Growing demand for income-generating investments
  • Potential for capital appreciation in certain fixed-income sectors
  • Expansion into new fixed-income strategies

Threats

  • Rising interest rates
  • Economic recession
  • Increased competition from other fixed-income funds

Competitors and Market Share

competitor logo Key Competitors

  • PCI
  • PTY
  • DMO

Competitive Landscape

Competitive landscape depends on investment strategy and performance. Allspring Multi Sector Income Fund competes with other multi-sector bond funds and income-oriented investment products.

Growth Trajectory and Initiatives

Historical Growth: Growth is measured by AUM and fund performance relative to benchmarks.

Future Projections: Future projections are based on market conditions and Allspring's investment outlook.

Recent Initiatives: Recent initiatives could include adjustments to portfolio allocation and investment strategy.

Summary

Allspring Multi Sector Income Fund aims to provide high current income through a diversified fixed-income portfolio. Its performance is subject to market volatility and interest rate risk. Allspring's investment expertise and active management style can drive returns, but investors should monitor fund performance relative to its benchmark. A potential headwind is rising interest rates.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Allspring Global Investments website
  • Financial websites (e.g., Bloomberg, Yahoo Finance)
  • Fund prospectuses and reports

Disclaimers:

The information provided is for informational purposes only and should not be considered investment advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor.

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.