ERC - Allspring Multi-Sector Income Fund
The Allspring Multi-Sector Income Fund operates as a closed-end mutual fund, concentrating its investments in fixed-income assets. It was initiated and is primarily overseen by Wells Fargo Funds Management, LLC, with First International Advisors, Inc. and Wells Capital Management Incorporated providing joint management expertise.
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Market Cap
- $257.5M
- P/E Ratio
- 9.56
- Beta
- 0.54
- 52-Week Range
- 8.72-9.78
- Dividend Yield
- $0.87
- IPO Date
- Jun 25, 2003
- Exchange
- AMEX
Frequently asked ERC overview questions
- What is ERC?
- ERC is the ticker symbol for Allspring Multi-Sector Income Fund, a listed mutual fund. The Allspring Multi-Sector Income Fund operates as a closed-end mutual fund, concentrating its investments in fixed-income assets. It was initiated and is primarily overseen by Wells Fargo Funds Management, LLC, with First International Advisors, Inc. Listed on AMEX. ERC is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What are ERC's key statistics?
- Allspring Multi-Sector Income Fund (ERC) carries a market capitalization of $257.5M, 52-week range of 8.72-9.78. Daily price and reference data are accessible from the chart view; these structural inputs frame how downstream analytics (volatility, term structure, derived metrics) interpret the underlying instrument.
- What sector or industry does ERC belong to?
- Allspring Multi-Sector Income Fund operates in the Financial Services sector, in the Asset Management - Income industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare ERC's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the ERC data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for ERC, it usually reflects low options liquidity or a recently listed name. Fund-level fields refresh from the vendor feed nightly. Registered investment-company filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence; daily NAV is published by the sponsor after the close.