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Allspring Multi Sector Income Fund (ERC)

Upturn stock ratingUpturn stock rating
$9.68
Last Close (24-hour delay)
Profit since last BUY9.26%
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Upturn Advisory Summary

09/16/2025: 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 12.26%
Avg. Invested days 64
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 09/16/2025

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 diversified, actively managed fixed-income fund. It aims to provide a high level of current income consistent with prudent investment management. It leverages Allspring Global Investments' fixed-income expertise across various sectors. Exact founding year and milestones require referencing official Allspring documentation.

business area logo Core Business Areas

  • Fixed Income Investment: Invests primarily in a diversified portfolio of fixed-income securities of varying maturities and credit quality.

leadership logo Leadership and Structure

The fund is managed by a team of investment professionals at Allspring Global Investments. Details on specific team members and organizational structure require access to Allspring's official documentation and fund prospectuses.

Top Products and Market Share

overview logo Key Offerings

  • Multi-Sector Income Fund: The fund seeks to generate current income by investing in a range of fixed-income securities. Market share data is not publicly available. Competitors include PIMCO Income Fund (PIMIX), DoubleLine Total Return Bond Fund (DLTNX), and other diversified fixed income funds.

Market Dynamics

industry overview logo Industry Overview

The fixed-income market is influenced by interest rates, inflation, economic growth, and credit spreads. Demand for fixed-income products is generally strong from institutional investors and those seeking income.

Positioning

Allspring Multi-Sector Income Fund competes with numerous other actively managed fixed-income funds, differentiating itself through its investment process and team. Competitive advantages lie in their sector allocation strategy and credit selection.

Total Addressable Market (TAM)

The TAM is the total value of the global fixed-income market, estimated to be in the trillions of dollars. Allspring is positioned to capture a portion of this TAM through its multi-sector income fund, targeting income-seeking investors.

Upturn SWOT Analysis

Strengths

  • Diversified investment approach
  • Experienced management team
  • Strong research capabilities within Allspring Global Investments

Weaknesses

  • Performance dependent on manager skill
  • Subject to interest rate risk
  • Expense ratios can be higher than passive funds

Opportunities

  • Increased demand for income-generating investments
  • Potential for alpha generation through active management
  • Expansion into new fixed-income sectors

Threats

  • Rising interest rates
  • Credit market volatility
  • Increased competition from passive fixed-income funds

Competitors and Market Share

competitor logo Key Competitors

  • PIMIX
  • DLTNX
  • AGG

Competitive Landscape

The fund's competitive advantage lies in Allspring's research capabilities and active management style. Disadvantages include higher expense ratios compared to passive alternatives. Market share data is not available at the fund manager level to make a comparison

Growth Trajectory and Initiatives

Historical Growth: Growth is tied to the fund's ability to attract and retain assets under management (AUM) and deliver competitive returns.

Future Projections: Future growth depends on market conditions, investor sentiment, and the fund's performance. Analyst estimates are not widely available specifically for this fund.

Recent Initiatives: Recent initiatives would include adjustments to portfolio allocation in response to market changes.

Summary

Allspring Multi-Sector Income Fund is a player in the fixed-income market that leverages Allspring's expertise. Its success depends on active management effectiveness amidst fluctuating interest rates and credit conditions. It aims to provide income to investors but faces competition from both active and passive funds. The fund needs to effectively manage its portfolio and deliver consistent returns to stand out. Performance and market adaptation are crucial for long-term sustainability and growth.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Allspring Global Investments Website
  • Morningstar
  • Fund Prospectus

Disclaimers:

This analysis is based on publicly available information and does not constitute financial advice. Market share data is estimated and may not be precise. Fund performance can vary and is not guaranteed.

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.