Allspring Multi-Sec Income SEC Filings

Allspring Multi-Sector Income Fund reports solid annual results, with a 1-year return of 13.36% based on market price and 10.74% based on NAV for the period ended October 31, 2025. Both figures surpassed the Fund’s Multi-Sector Income Blended Index at 8.27% and the Bloomberg U.S. Universal Bond Index at 6.51%. The Fund invests across three sleeves—high yield bonds, international/emerging market debt, and mortgage/corporate securities—and uses leverage of about 29% of total assets. It renewed an open-market buyback program allowing repurchases of up to 5% of outstanding shares during 2026 and maintains a managed distribution plan targeting an annual minimum rate of 8.75% of average NAV, which may include income, capital gains, and return of capital. The report highlights strong contributions from securitized assets and emerging markets, while emphasizing risks from high yield credit, leverage, foreign markets, and derivatives.

Allspring Multi-Sector Income Fund director filed an initial ownership report stating that no securities of the fund are beneficially owned. The filing identifies the insider's role as a director and confirms the report is made by a single reporting person. This is an administrative disclosure about insider holdings and does not describe any transactions, purchases, or sales.

Allspring Multi-Sector Income Fund filed an initial insider ownership report for a director, indicating that the reporting person currently has no beneficial ownership of the fund’s securities. The filing is made by a single reporting person and confirms that neither non-derivative nor derivative securities of the fund are held, as stated in the explanation that no securities are beneficially owned.

Allspring Multi-Sector Income Fund is calling an Annual Meeting of Shareholders on February 2, 2026 at 1:30 p.m. Eastern time in Boston, with the option to attend telephonically. Shareholders of record as of November 28, 2025, when 28,053,782 common shares were outstanding, are asked to vote on the election of three Class I Trustees: incumbent Trustees Isaiah Harris, Jr. and Olivia S. Mitchell, and new nominee Cindy Miller. All Trustees are independent under the Investment Company Act, and the Board is divided into three staggered classes, which is intended to promote stability and a longer-term perspective.

The proxy describes the Board’s leadership structure, including an independent Chair and fully independent Audit and Nominating and Governance Committees. It outlines risk oversight, valuation oversight delegated to Allspring Funds Management, and procedures for shareholders to recommend trustee candidates or communicate with the Board. It also discloses major 5% shareholders, Trustee compensation and share ownership ranges, selection of KPMG LLP as independent auditor, and the Audit Committee’s review of the Fund’s 2025 audited financial statements. The Board unanimously recommends voting FOR each trustee nominee.