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Allspring Multi-Sector Income Fund

8.47 USD
+0.01
0.12%
At close Updated Oct 30, 4:00 PM EDT
1 day
0.12%
5 days
0.95%
1 month
-0.59%
3 months
-6.31%
6 months
-7.63%
Year to date
-9.02%
1 year
-9.8%
5 years
-36.7%
10 years
-33.1%
 

About: Allspring Multi-Sector Income Fund is a closed-end investment management company. The company's core business is to secure a high level of income for its investors consistent with limiting its overall exposure to domestic interest rate risk. It invests in U.S. dollar-denominated below investment-grade bonds, debentures, and other income obligations, including loans and preferred stocks, developed and emerging market debt securities, including obligations of foreign governments or governmental entities, foreign corporations, or supranational agencies denominated in various currencies, asset backed securities and investment grade corporate bonds.

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 28.6%
Neutral 57.1%
Negative 14.3%
Neutral
PRNewsWire
10 hours ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., Oct. 30, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
Positive
Seeking Alpha
4 days ago
ERC: A -3.2 Z-Score Signals A Rare Bargain In Fixed Income
Allspring Multi-Sector Income Fund has outperformed peers in 2026, down just -2.3% despite global fixed income turmoil. ERC's barbelled portfolio—60% below investment grade, sizable AAA bucket, 2.7-year duration—offers natural hedging and risk mitigation. The fund trades at an -11.5% discount to NAV, near historic lows, with a -3.2 z-stat indicating extremely stretched investor positioning.
ERC: A -3.2 Z-Score Signals A Rare Bargain In Fixed Income
Neutral
PRNewsWire
1 month ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., Sept. 25, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
Neutral
PRNewsWire
2 months ago
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C., Aug. 18, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
Positive
Seeking Alpha
2 months ago
ERC: Managed 8.75% Distribution Policy With Monthly Pay And Fixed-Income Exposure
Allspring Multi-Sector Income Fund offers diversified fixed-income exposure across credit qualities and geographies, with leverage and a managed 8.75% distribution policy. ERC currently trades at a -6.67% discount to NAV, providing income-focused investors with an attractive 9.46% yield, slightly boosted by the discount. The fund's average duration is 2.73 years, balancing interest rate sensitivity through a mix of investment-grade, high-yield, and floating-rate securities.
ERC: Managed 8.75% Distribution Policy With Monthly Pay And Fixed-Income Exposure
Negative
Seeking Alpha
2 months ago
Allspring Multi-Sector Income Fund: Why I'm Not Buying This 9% Yield
The Allspring Multi-Sector Income Fund is a leveraged CEF offering a 9.33% yield, trading at a 6.9% NAV discount. Its income yield (7.77%) falls short of its distribution rate, with only 81% of payouts covered by net investment income. Management has improved portfolio quality, but NAV erosion risk persists due to reliance on capital gains and currency appreciation.
Allspring Multi-Sector Income Fund: Why I'm Not Buying This 9% Yield
Neutral
PRNewsWire
3 months ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., July 31, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
Neutral
PRNewsWire
4 months ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., June 26, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
Neutral
Zacks Investment Research
5 months ago
Precipio Stock Slips Post Q1 Earnings Despite Revenue Growth
PRPO's first-quarter 2026 sales are driven by pathology momentum, but CMS reimbursement cuts and higher spending squeeze margins and widen losses.
Precipio Stock Slips Post Q1 Earnings Despite Revenue Growth
Neutral
PRNewsWire
5 months ago
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C., May 19, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
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