Allspring Multi-Sector Income Fund Overview
- Year Founded
-
2003
- Status
-
Public
- Stock Symbol
-
ERC
- Share Price
-
$9.30
- (As of Tuesday Closing)
Allspring Multi-Sector Income Fund General Information
Description
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.
Contact Information
Corporate Office
- 1415 Vantage Park Drive
- 3rd Floor
- Charlotte, NC 28203
- United States
Corporate Office
- 1415 Vantage Park Drive
- 3rd Floor
- Charlotte, NC 28203
- United States
Allspring Multi-Sector Income Fund Stock Performance
As of 11-Feb-2025, Allspring Multi-Sector Income Fund’s stock price is $9.30. Its current market cap is $261M with 28.1M shares.
(As of Tuesday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $9.30 | $9.31 | $8.77 - $9.58 | $261M | 28.1M | 137K | $1.36 |
Allspring Multi-Sector Income Fund Financials Summary
As of 31-Oct-2024, Allspring Multi-Sector Income Fund has a trailing 12-month revenue of $48M.
|
In Thousands, USD |
TTM 31-Oct-2024 | FY 2024 31-Oct-2024 | FY 2023 31-Oct-2023 | FY 2022 31-Oct-2022 |
|---|---|---|---|---|
| EV | 375,026 | 375,026 | 362,860 | 390,728 |
| Revenue | 47,966 | 47,966 | 29,555 | (51,240) |
| Net Income | 37,950 | 37,950 | 20,262 | (56,240) |
| Total Assets | 404,769 | 404,769 | 389,712 | 389,722 |
| Total Debt | 119,000 | 119,000 | 119,000 | 119,000 |
Allspring Multi-Sector Income Fund Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
Allspring Multi-Sector Income Fund FAQs
-
When was Allspring Multi-Sector Income Fund founded?
Allspring Multi-Sector Income Fund was founded in 2003.
-
Where is Allspring Multi-Sector Income Fund headquartered?
Allspring Multi-Sector Income Fund is headquartered in Charlotte, NC.
-
What industry is Allspring Multi-Sector Income Fund in?
Allspring Multi-Sector Income Fund’s primary industry is Asset Management.
-
Is Allspring Multi-Sector Income Fund a private or public company?
Allspring Multi-Sector Income Fund is a Public company.
-
What is Allspring Multi-Sector Income Fund’s stock symbol?
The ticker symbol for Allspring Multi-Sector Income Fund is ERC.
-
What is the current stock price of Allspring Multi-Sector Income Fund?
As of 11-Feb-2025 the stock price of Allspring Multi-Sector Income Fund is $9.30.
-
What is the current market cap of Allspring Multi-Sector Income Fund?
The current market capitalization of Allspring Multi-Sector Income Fund is $261M.
-
What is Allspring Multi-Sector Income Fund’s current revenue?
The trailing twelve month revenue for Allspring Multi-Sector Income Fund is $48M.
-
What is Allspring Multi-Sector Income Fund’s annual earnings per share (EPS)?
Allspring Multi-Sector Income Fund’s EPS for 12 months was $1.36.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read blog » -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process »
