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Dominance

Allspring Multi-Sector Income Fund ERC Stock

8.96 USD {{ price }} -0.444444% {{change_pct}}%
Market Cap
251.47M USD
LOW - HIGH [24H]
8.95 - 9 USD
VOLUME [24H]
67.95K USD
{{ volume }}
P/E Ratio
12.44
Earnings per share
0.72 USD

Allspring Multi-Sector Income Fund Price Chart

Allspring Multi-Sector Income Fund ERC Financial and Trading Overview

Allspring Multi-Sector Income Fund stock price 8.96 USD
Previous Close 9.06 USD
Open 9.07 USD
Bid 0 USD x 1400
Ask 0 USD x 800
Day's Range 9.04 - 9.09 USD
52 Week Range 8.27 - 10.6 USD
Volume 54.1K USD
Avg. Volume 63K USD
Market Cap 254.95M USD
Beta (5Y Monthly) 0.691901
PE Ratio (TTM) N/A
EPS (TTM) 0.72 USD
Forward Dividend & Yield 0.78 (8.66%)
Ex-Dividend Date June 12, 2023
1y Target Est N/A

ERC Valuation Measures

Enterprise Value 372.75M USD
Trailing P/E N/A
Forward P/E N/A
PEG Ratio (5 yr expected) N/A
Price/Sales (ttm) 10.004254
Price/Book (mrq) 0.9596706
Enterprise Value/Revenue 14.627
Enterprise Value/EBITDA 16.159

Trading Information

Allspring Multi-Sector Income Fund Stock Price History

Beta (5Y Monthly) 0.691901
52-Week Change -0.21%
S&P500 52-Week Change 20.43%
52 Week High 10.6 USD
52 Week Low 8.27 USD
50-Day Moving Average 8.97 USD
200-Day Moving Average 9.37 USD

ERC Share Statistics

Avg. Volume (3 month) 63K USD
Avg. Daily Volume (10-Days) 80.3K USD
Shares Outstanding 28.05M
Float N/A
Short Ratio 0.12
% Held by Insiders 0%
% Held by Institutions 23.48%
Shares Short 7.4K
Short % of Float N/A
Short % of Shares Outstanding 0.029%

Dividends & Splits

Trailing Annual Dividend Rate 1.095
Trailing Annual Dividend Yield 12.08%
5 Year Average Dividend Yield 1023.00%
Payout Ratio N/A
Last Split Factor

Financial Highlights

Fiscal Year

Fiscal Year Ends October 31, 2022
Most Recent Quarter (mrq) October 31, 2022
Next Fiscal Year End October 31, 2023

Profitability

Profit Margin -220.68%
Operating Margin (ttm) 89.29%
Gross Margin 100.00%
EBITDA Margin 90.51%

Management Effectiveness

Return on Assets (ttm) 3.18%
Return on Equity (ttm) -18.18%

Income Statement

Revenue (ttm) 25.48M USD
Revenue Per Share (ttm) 0.91 USD
Quarterly Revenue Growth (yoy) -2.19%
Gross Profit (ttm) 25.48M USD
EBITDA 23.07M USD
Net Income Avi to Common (ttm) -56240424 USD
Diluted EPS (ttm) -2
Quarterly Earnings Growth (yoy) N/A

Balance Sheet

Total Cash (mrq) 357.96K USD
Total Cash Per Share (mrq) 0.01 USD
Total Debt (mrq) 119M USD
Total Debt/Equity (mrq) 44.79 USD
Current Ratio (mrq) 0.064
Book Value Per Share (mrq) 9.472

Cash Flow Statement

Operating Cash Flow (ttm) 51.77M USD
Levered Free Cash Flow (ttm) 8.39M USD

Profile of Allspring Multi-Sector Income Fund

Country United States
State NC
City Charlotte
Address 1415 Vantage Park Drive
ZIP 28203
Phone 833-568-4255
Website N/A
Industry Asset Management
Sector(s) Financial Services
Full Time Employees N/A

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.

Q&A For Allspring Multi-Sector Income Fund Stock

What is a current ERC stock price?

Allspring Multi-Sector Income Fund ERC stock price today per share is 8.96 USD.

How to purchase Allspring Multi-Sector Income Fund stock?

You can buy ERC shares on the NYSE American exchange. Contact your financial advisor to select a broker.

What is the ticker symbol for Allspring Multi-Sector Income Fund?

The stock symbol or ticker of Allspring Multi-Sector Income Fund is ERC.

Which industry does the Allspring Multi-Sector Income Fund company belong to?

The Allspring Multi-Sector Income Fund industry is Asset Management.

How many shares does Allspring Multi-Sector Income Fund have in circulation?

The max supply of Allspring Multi-Sector Income Fund shares is 28.07M.

What is Allspring Multi-Sector Income Fund Price to Earnings Ratio (PE Ratio)?

Allspring Multi-Sector Income Fund PE Ratio is 12.44444400 now.

What was Allspring Multi-Sector Income Fund earnings per share over the trailing 12 months (TTM)?

Allspring Multi-Sector Income Fund EPS is 0.72 USD over the trailing 12 months.

Which sector does the Allspring Multi-Sector Income Fund company belong to?

The Allspring Multi-Sector Income Fund sector is Financial Services.

Allspring Multi-Sector Income Fund ERC included in indexes

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NYSE AMEX COMPOSITE INDEX XAX 4890.31 USD
-1.43