NYSE American · Asset Management · USD

Allspring Multi-Sector Income Fund (ERC) Stock Analysis

Allspring Multi-Sector Income Fund (ERC) is a Asset Management stock listed on NYSE American and quoted in US Dollar.

Last Updated: October 21, 2026

ERC

$8.47

$0.00 (0.00%)

Oct 21, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ERC Key Statistics

As of Oct 21, 2026

Trading

Open: $8.45
Previous Close: $8.47
Day's Range: 8.42–8.50
52-Week Range: 8.36–9.58
Volume: 44.73K
Beta: 0.58

Valuation

Market Cap: $237.62M
P/E Ratio: 8.92
P/S ratio: 8.40
EPS (ttm): 0.95

Financials (FY)

Revenue (FY): $27.69M−28.04%
Net Income (FY): $27.08M−28.64%
Profit margin: 95.32%
Shares Outstanding: 28.05M
1-Year Return: −2.68%

Dividend and dates

Dividend: $0.87+10.27%
Ex-Dividend Date: October 13, 2026
Avg Volume: 64.66K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

Key facts

As of October 21, 2026, ERC closed at $8.47, −2.68% over 1 year.

Allspring Multi-Sector Income Fund (ERC) has a market capitalization of $237.62M.

In fiscal 2025, ERC reported revenue of $27.69M.

ERC Stock Return by Calendar Year

Allspring Multi-Sector Income Fund (ERC) 10-year return: what $10,000 became

1 year: $10,000 $9,732; −2.68%
5 years: $10,000 $9,971; −0.29%
10 years: $10,000 $16,368; +63.68%

If you had invested $10,000 in Allspring Multi-Sector Income Fund (ERC) 10 years ago, at the close on October 21, 2016, it would have been worth $16,368 at the close on October 21, 2026: +63.68% in total, +5.05% a year, with dividends reinvested. A historical calculation from closing prices adjusted for splits and dividends, before fees and taxes.

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+28.05%−17.77%−3.73%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	−3.73%
2025	+11.09%
2024	+6.10%
2023	+4.87%
2022	−17.77%
2021	+18.76%
2020	+4.36%
2019	+28.05%
2018	−6.70%
2017	+11.99%
2016 (partial year)	+2.98%

As of October 21, 2026.

ERC Revenue and Earnings by Fiscal Year

FY ends October

RevenueNet income

2022202320242025

Fiscal year	Revenue	Net income	Net margin
2025	$27.69M	$27.08M	97.8%
2024	$38.48M	$37.95M	98.6%
2023	$20.74M	$20.26M	97.7%
2022	−$55.92M	−$56.24M	100.6%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2025	$27.69M	—	—	$27.08M	97.8%
2024	$38.48M	—	—	$37.95M	98.6%
2023	$20.74M	—	—	$20.26M	97.7%
2022	−$55.92M	—	—	−$56.24M	100.6%

Annual figures as reported, in the company's reporting currency. As of October 31, 2025.

ERC Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.87+9.2% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.66	9	—
2025	$0.87	12	+9.2%
2024	$0.80	12	−0.1%
2023	$0.80	12	−24.1%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.66	9	—
2025	$0.87	12	+9.2%
2024	$0.80	12	−0.1%
2023	$0.80	12	−24.1%
2022	$1.05	12	−6.7%
2021	$1.12	12	−2.6%
2020	$1.15	12	−4.2%
2019	$1.21	12	+2.6%
2018	$1.18	11	−6.9%
2017	$1.26	12	+585.9%
2016	$0.18	2	—

Most recent payment: $0.07 per share, ex-dividend September 11, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ERC Valuation vs Asset Management Median

Median of 512 stocks

Metric	ERC	Asset Management median	vs median
P/E	8.92	9.44	6% below
P/S ratio	8.40	8.59	2% below
Profit margin	95.32%	74.97%	20.3 pts above

Medians across 512 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of October 21, 2026.

Recent News

News provided by third-party sources. Not financial advice.

Analysis

Data-derived

Company Overview

Allspring Multi-Sector Income Fund (ERC) carries a market capitalisation of $237.62M. The company sits in the Financial Services sector, in the Asset Management industry.

The most recent close on file for ERC is $8.47, dated October 21, 2026. The close was unchanged from the previous session. Over the past 52 weeks the price has ranged from $8.36 to $9.58. The latest close sits 1.32% above that 52-week low.

Financial Health

Fiscal 2025 revenue came to $27.69M. Against the prior fiscal year total of $38.48M, that is a change of −28.04%. The same year closed with net income of $27.08M. That is −28.64% against the prior fiscal year. Profit margin runs at 95.32%. That is 20.3 percentage points above the Asset Management median of 74.97%. Earnings per share on a trailing basis come to 0.95.

Across the 4 fiscal years on file, revenue moves from −$55.92M in 2022 to $27.69M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 8.92 times earnings. That is 5.51% below the Asset Management median of 9.44. Measured against sales, the shares trade at 8.4 times revenue. On price-to-sales that is 2.18% below the Asset Management median of 8.59. 512 Asset Management companies report these metrics, and the medians quoted come from that group.

The reported beta is 0.58. Annualized volatility over the trailing 10 years is 15.8%. Over the trailing twelve months the total return is −2.68%. Measured over 10 years, that is +5.05% a year compounded.

Growth & Income

Shareholders receive a dividend, yielding 10.27% on the latest price. That is 1.4 percentage points above the Asset Management median yield of 8.91%. At the indicated rate that is $0.87 a share a year. The ex-dividend date on file is October 13, 2026. Dividends are recorded for 11 calendar years; 2026 shows 9 payments totalling $0.66 a share. The year before, 2025, totalled $0.87 a share.

2026 is still running; the total return is −3.73% year to date. The strongest complete calendar year on file is 2019 at +28.05%; the weakest is 2022 at −17.77%. Of the 9 complete calendar years on file, 7 finished higher.

Peer Comparison

Allspring Multi-Sector Income Fund (ERC) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Allspring Multi-Sector Income Fund	ERC	$237.62M	8.9
BlackRock, Inc.	BLK	$184.31B	25.8
Blackstone Inc.	BX	$127.43B	23.9
Brookfield Corporation	BN	$83.74B	69.5

The Asset Management industry average P/E ratio is 9.4x. Allspring Multi-Sector Income Fund trades at a P/E of 8.9.

Every figure above is read from this page's own data on each daily rebuild. Informational only, not financial advice. As of October 21, 2026.

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About Allspring Multi-Sector Income Fund

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.