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S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
S&P 500   5,254.35
DOW   39,807.37
QQQ   444.01
Stock market today: Asian shares are mostly higher after another set of Wall St records
Delta Airline’s Put Option Activity Isn’t Bad News
3 Value Stocks Too Small For Buffett’s Portfolio
Disney Stock Catches 3 Upgrades In a Single Week
7 Stocks That Will Drive the Weight Loss Drugs Market
Walgreens Boots Alliance: Deep Value With Nowhere to Go But Up
Krispy Kreme's Sweet Deal: McDonald's Partnership Sparks Growth?
NYSEAMERICAN:ERC

Allspring Multi-Sector Income Fund (ERC) Stock Price, News & Analysis

$9.33
-0.02 (-0.21%)
(As of 03/28/2024 ET)
Today's Range
$9.32
$9.36
50-Day Range
N/A
52-Week Range
$8.51
$9.74
Volume
150,493 shs
Average Volume
66,364 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
13.83%
Price Target
N/A
ERC stock logo

About Allspring Multi-Sector Income Fund Stock (NYSEAMERICAN:ERC)

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.

ERC Stock Price History

ERC Stock News Headlines

Allspring Multi Sector Income Fund (ERC)
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Central Banks Preparing for US Dollar Collapse?
China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.
Allspring Spectrum Aggressive Growth Fund;C
Allspring Real Return Fund;R6
ERC - Allspring Multi-Sector Income Fund
Allspring Index Asset Alloc Fd;A
ERC Red Crew Members Win Prestigious RNASA Award
Allspring Common Stock Fund;A
ERC Wells Fargo Multi-Sector Income Fund
/C O R R E C T I O N -- Allspring Global Investments/
ERC: Target Met, Moving From Sell To Being Neutral
Allspring Utilities and High Income Fund (ERH) CUSIP 94987E109
ERC: Global Fixed Income CEF, 10.5% Yield
See More Headlines
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Company Calendar

Ex-Dividend for 3/1 Dividend
2/12/2024
Dividend Payable
3/01/2024
Ex-Dividend for 4/1 Dividend
3/11/2024
Today
3/29/2024
Dividend Payable
4/01/2024

Industry, Sector and Symbol

Industry
Asset Management
Sub-Industry
N/A
Current Symbol
NYSEAMERICAN:ERC
CIK
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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Key Executives

  • Mr. Peter Malcolm Wilson
    Chief Operating Officer, Managing Director, Senior Portfolio Manager and Director
  • Mr. Anthony John Norris
    Chief Investment Officer, Managing Director, Senior Portfolio Manager and Director
  • Mr. Michael William Lee
    Director of Trading and Senior Portfolio Manager
  • Mr. Jonathan Alexander Geoffrey Perrin
    Director of Research and Senior Portfolio Manager
  • Mr. Christopher Y. Kauffman C.F.A.
    CFA, Portfolio Manager
  • Mr. Christopher A. Wightman
    Portfolio Manager
  • Mr. Noah Wise C.F.A.
    Portfolio Manager & Research Analyst

ERC Stock Analysis - Frequently Asked Questions

How have ERC shares performed in 2024?

Allspring Multi-Sector Income Fund's stock was trading at $9.3656 on January 1st, 2024. Since then, ERC stock has decreased by 0.4% and is now trading at $9.33.
View the best growth stocks for 2024 here
.

Are investors shorting Allspring Multi-Sector Income Fund?

Allspring Multi-Sector Income Fund saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 8,700 shares, an increase of 19.2% from the February 29th total of 7,300 shares. Based on an average daily volume of 64,500 shares, the days-to-cover ratio is currently 0.1 days.
View Allspring Multi-Sector Income Fund's Short Interest
.

How often does Allspring Multi-Sector Income Fund pay dividends? What is the dividend yield for Allspring Multi-Sector Income Fund?

Allspring Multi-Sector Income Fund declared a monthly dividend on Thursday, February 22nd. Stockholders of record on Tuesday, March 12th will be paid a dividend of $0.0653 per share on Monday, April 1st. This represents a $0.78 dividend on an annualized basis and a yield of 8.40%. The ex-dividend date of this dividend is Monday, March 11th. This is a positive change from the stock's previous monthly dividend of $0.07.
Read our dividend analysis for ERC
.

Is Allspring Multi-Sector Income Fund a good dividend stock?

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) pays an annual dividend of $1.29 per share and currently has a dividend yield of 0.11%.
Read our dividend analysis for ERC.

What other stocks do shareholders of Allspring Multi-Sector Income Fund own?
Who are Allspring Multi-Sector Income Fund's major shareholders?

Allspring Multi-Sector Income Fund's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Royal Bank of Canada (0.00%), Benjamin F. Edwards & Company Inc. (0.00%), Selway Asset Management (0.00%), Uncommon Cents Investing LLC (0.00%), Custom Index Systems LLC (0.00%) and Raymond James Trust N.A. (0.00%). Insiders that own company stock include James Polisson and Jane A Freeman.
View institutional ownership trends
.

How do I buy shares of Allspring Multi-Sector Income Fund?

Shares of ERC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEAMERICAN:ERC) was last updated on 3/29/2024 by MarketBeat.com Staff

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