Is Allspring Multi-Sector Income Fund (ERC) a Buy, Sell, or Hold?
AMEX : ERC
Allspring Multi-Sector Income Fund
$9.14 USD
-$0.07 (-0.76%)
- Volume
- 30.3K
- Average Volume
- 69.62K
- Market Capitalization
- $256.41M
- P/E Ratio
- 9.52
- Dividend Yield
- 9.51%
- Price Target
- Year High
- $9.78
- Year Low
- $8.72
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.90
- Current Ratio
- $0.00
| Source | Headline |
|---|---|
|
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. prnewswire.com - 2026-06-26 08:31:00 |
|
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. zacks.com - 2026-05-22 11:31:20 |
|
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. prnewswire.com - 2026-05-19 18:30:00 |
|
ERC: Improved NAV Health But Not A Buy Yet
Allspring Multi-Sector Income Fund maintains a 9.4% yield, trading at a 6.9% discount to NAV, with improved but still imperfect dividend coverage. ERC's earnings now outpace distributions, yet reliance on net realized gains introduces NAV and payout vulnerability during market downturns. ERC's portfolio is globally diversified, heavily weighted toward below-investment-grade debt, and remains highly sensitive to interest rate movements. seekingalpha.com - 2026-05-02 22:26:00 |
|
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., April 24, 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. prnewswire.com - 2026-04-24 08:30:00 |
