Company Description
Allspring Multi-Sector Income Fund (NYSE: ERC) is a publicly traded asset management company in the Financial Services sector. The company has a market capitalization of $252.2M, ranking #4,388 among all listed U.S. companies by market cap.
ERC stock has declined 1.3% over the past year, placing it at #2,670 in year-to-date performance among tracked companies. Shares last traded at $8.98.
This page provides a comprehensive overview of ERC stock, including real-time price data, latest news, SEC filings, insider trading activity, financial highlights, upcoming events, and short interest trends.
Stock Performance
Allspring Multi-Sector Income Fund (ERC) stock last traded at $8.98. Over the past 12 months, the stock has lost 1.3%. At a market capitalization of $252.2M, ERC is classified as a micro-cap stock with approximately 28.1M shares outstanding.
Latest News
Allspring Multi-Sector Income Fund has 10 recent news articles. Of the recent coverage, 4 articles coincided with positive price movement and 4 with negative movement. View all ERC news →
SEC Filings
Allspring Multi-Sector Income Fund has filed 5 recent SEC filings, including 1 Form 3, 1 Form 4, 1 Form SCHEDULE 13G/A, 1 Form N-CEN. The most recent filing was submitted on March 4, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all ERC SEC filings →
Insider Radar
Insider buying activity at Allspring Multi-Sector Income Fund over the past 90 days may reflect management confidence in the company's direction. Institutional investors and analysts often monitor insider purchases as a potential bullish indicator for the stock.
Financial Highlights
Upcoming Events
Short Interest History
Short interest in Allspring Multi-Sector Income Fund (ERC) currently stands at 96.8 thousand shares, up 33.5% from the previous reporting period, representing 0.3% of the float. Over the past 12 months, short interest has increased by 120.2%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Allspring Multi-Sector Income Fund (ERC) currently stands at 1.4 days, up 11.2% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has increased 39% over the past year, indicating either rising short interest or declining trading volume.
ERC Company Profile & Sector Positioning
Allspring Multi-Sector Income Fund (ERC) operates in the Asset Management industry within the broader Financial Services sector and is listed on the NYSE. In monthly performance, the stock ranks #2,833 among all tracked companies.
Investors comparing ERC often look at related companies in the same sector, including Rivernorth Opportunities Fund Inc (RIV), Saba Capital Income & Opportunities Fund II (SABA), Nuveen Preferred Sec & Income Opp (JPI), Franklin Limited Duration Income Trust (FTF), and LMP Capital and Income Fund Inc (SCD). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate ERC's relative position within its industry.