Key Details
Price
$9.12Last Dividend
$0.13Annual Revenue
$20.74 MAnnual ROE
7.70%Beta
0.25Events Calendar
Next earnings date:
N/ARecent quarterly earnings:
N/ARecent annual earnings:
N/ANext ex-dividend date:
Dec 12, 2024Recent ex-dividend date:
Nov 12, 2024Next split:
N/ARecent split:
N/AAnalyst ratings
Recent major analysts updates
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ERC: Analyzing Recent Updates To The Fund's Portfolio And Finances
ERC
seekingalpha.com18 September 2024
The Allspring Multi-Sector Income Fund offers an 8.44% yield and invests in diverse bond sectors, including emerging markets, providing a better risk-reward profile than other bond funds. The ERC fund's recent performance has been modest, underperforming some indices but benefiting from its high yield, which boosts total returns. The fund introduced some changes to its portfolio during the second quarter that may not have been the best moves.
ERC: This Global Debt CEF Is Unimpressive, But No Apparent Reason To Sell It
ERC
seekingalpha.com16 May 2024
The Allspring Multi-Sector Income Fund provides a generous current income at an 8.75% yield, outperforming U.S. Treasury securities and many junk bonds. However, the fund's yield is slightly lower compared to other similar funds, which could discourage investors looking for extremely high income. Despite a disappointing past performance showing a 29.19% decrease over the last three years, it may not accurately represent investor returns due to the fund's distribution policy.
FAQ
- What is the primary business of Allspring Multi-Sector Income Fund?
- What is the ticker symbol for Allspring Multi-Sector Income Fund?
- Does Allspring Multi-Sector Income Fund pay dividends?
- What sector is Allspring Multi-Sector Income Fund in?
- What industry is Allspring Multi-Sector Income Fund in?
- What country is Allspring Multi-Sector Income Fund based in?
- When did Allspring Multi-Sector Income Fund go public?
- Is Allspring Multi-Sector Income Fund in the S&P 500?
- Is Allspring Multi-Sector Income Fund in the NASDAQ 100?
- Is Allspring Multi-Sector Income Fund in the Dow Jones?
- When does Allspring Multi-Sector Income Fund report earnings?
What is the primary business of Allspring Multi-Sector Income Fund?
The Allspring Multi-Sector Income Fund (ERC) focuses on generating income through a diversified portfolio of fixed-income securities. It invests in various sectors, including government, corporate, and high-yield bonds, aiming to provide investors with consistent returns while managing risk effectively.
What is the ticker symbol for Allspring Multi-Sector Income Fund?
The ticker symbol for Allspring Multi-Sector Income Fund is NYSE:ERC
Does Allspring Multi-Sector Income Fund pay dividends?
Yes, Allspring Multi-Sector Income Fund pays dividends. The last payment was $0.13, with an ex-dividend date on 12 November 2024
What sector is Allspring Multi-Sector Income Fund in?
Allspring Multi-Sector Income Fund is in the Financial Services sector
What industry is Allspring Multi-Sector Income Fund in?
Allspring Multi-Sector Income Fund is in the Asset Management industry
What country is Allspring Multi-Sector Income Fund based in?
Allspring Multi-Sector Income Fund is headquartered in United States
When did Allspring Multi-Sector Income Fund go public?
Allspring Multi-Sector Income Fund's initial public offering (IPO) was on 25 June 2003
Is Allspring Multi-Sector Income Fund in the S&P 500?
No, Allspring Multi-Sector Income Fund is not included in the S&P 500 index
Is Allspring Multi-Sector Income Fund in the NASDAQ 100?
No, Allspring Multi-Sector Income Fund is not included in the NASDAQ 100 index
Is Allspring Multi-Sector Income Fund in the Dow Jones?
No, Allspring Multi-Sector Income Fund is not included in the Dow Jones index
When does Allspring Multi-Sector Income Fund report earnings?
The date for Allspring Multi-Sector Income Fund's next earnings report has not been announced yet