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Allspring Multi-Sector (ERC)

AMEX

$9.38

$0.0100 (

+0.11%

)

1D
5D
1M
6M
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5Y
Market closed

ERC: $9.38 / ₿ 0.0001 BTC / 14254 Sats

1D
5D
1M
6M
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5Y

Key statistics

$9.37
$8.44 - $9.78
$263.14M
10.05
$9.36
$77,986.82
28.05M
9.77
$9.25 - $10.13
9.28
$9.35 - $9.38
No

What is Allspring Multi-Sector (ERC)?

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.

The Allspring Multi-Sector (ERC) stock price has been rising

The Allspring Multi-Sector Income Fund (ERC) stock price today is $9.38, reflecting a +0.11% move since the market opened. The company’s market capitalization stands at $263.14M, with a daily trading volume of $77.99K shares. For investors tracking price trends, Allspring Multi-Sector Income Fund stock has ranged between $9.35 and $9.38 today. The previous closing price was $9.37.

Get started with Allspring Multi-Sector (ERC)

Ready to get started? Follow the steps below, or read our guide on how to buy Allspring Multi-Sector stock on Kraken starting from $10.

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Deposit funds

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Buy

Buy ERC

Search for ERC in the Kraken app, enter the amount you want to invest, review the important details and tap Confirm to place an order to buy ERC.

ERC FAQs

ERC is in the Financial Services sector. Sector is a broad classification that groups companies based on their business activities, industry focus or economic function.

ERC is in the Asset Management industry. Industry is a more specific classification within a sector, grouping companies that operate in a similar field and have closely related business models.

Over the past 52 weeks, Allspring Multi-Sector Income Fund (ERC) has traded between a low of $8.44 and a high of $9.78.

ERC is in the Asset Management industry group. Industry group is a further subdivision within an industry, grouping companies with even more closely related business models and operations. This helps investors analyze stocks at a more detailed level than sector and industry classifications alone.

ERC’s payout ratio is 0.9. Payout ratio is a financial metric used to measure the proportion of a company's earnings that are paid out as dividends to shareholders.

ERC’s trailing dividend yield is 9.25. Trailing dividend yield is a financial metric used to measure the return on investment from a company's dividend payments over the past 12 months.

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