ERC
Price:
$9.05
Market Cap:
$254.00M
Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds. Allspring Multi-Sector Income Fund was formed on June 25, 2003 and is domiciled in the United States.[Read more]
Industry
Asset Management - Income
IPO Date
2003-06-25
Stock Exchange
NYSE
Ticker
ERC
According to Allspring Multi-Sector Income Fund’s latest financial reports and current stock price. The company's current Enterprise Value is 372.86M. This represents a change of 6.96% compared to the average of 348.58M of the last 4 quarters.
The mean historical Enterprise Value of Allspring Multi-Sector Income Fund over the last ten years is 579.40M. The current 372.86M Enterprise Value has changed 6.34% with respect to the historical average. Over the past ten years (40 quarters), ERC's Enterprise Value was at its highest in in the July 2014 quarter at 609.72M. The Enterprise Value was at its lowest in in the April 2019 quarter at 173.23M.
Average
579.40M
Median
558.47M
Minimum
362.90M
Maximum
827.12M
Discovering the peaks and valleys of Allspring Multi-Sector Income Fund Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 15.16%
Maximum Annual Enterprise Value = 827.12M
Minimum Annual Increase = -28.01%
Minimum Annual Enterprise Value = 362.90M
Year | Enterprise Value | Change |
---|---|---|
2023 | 362.90M | -2.07% |
2022 | 370.58M | -28.01% |
2021 | 514.75M | 15.16% |
2020 | 447.00M | -20.89% |
2019 | 565.02M | 2.37% |
2018 | 551.92M | -19.11% |
2017 | 682.29M | -7.69% |
2016 | 739.10M | 0.79% |
2015 | 733.32M | -11.34% |
2014 | 827.12M | -0.69% |
The current Enterprise Value of Allspring Multi-Sector Income Fund (ERC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
416.08M
5-year avg
452.05M
10-year avg
579.40M
Allspring Multi-Sector Income Fund’s Enterprise Value is greater than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (260.47M), greater than BNY Mellon High Yield Strategies Fund (267.20M), greater than Pioneer High Income Fund, Inc. (337.28M), greater than Allspring Utilities and High Income Fund (102.71M), less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (600.28M), greater than First Trust/Abrdn Global Opportunity Income Fund (82.11M), greater than Virtus Convertible & Income Fund II (286.74M), greater than Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (92.18M), greater than First Trust Senior Floating Rate Income Fund II (299.05M), greater than Apollo Senior Floating Rate Fund Inc. (329.38M), greater than Blackstone / GSO Long-Short Credit Income Fund (238.81M), less than Calamos Long/Short Equity & Dynamic Income Term Trust (423.02M), less than Eaton Vance Senior Floating-Rate Trust (490.88M),
Company | Enterprise Value | Market cap |
---|---|---|
260.47M | $212.95M | |
267.20M | $192.75M | |
337.28M | $230.62M | |
102.71M | $102.70M | |
600.28M | $411.28M | |
82.11M | $66.03M | |
286.74M | $248.14M | |
92.18M | $72.23M | |
299.05M | $270.23M | |
329.38M | $231.42M | |
238.81M | $162.79M | |
423.02M | $303.02M | |
490.88M | $377.57M |
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What is the Enterprise Value?
How can you use the Enterprise Value?
What is Allspring Multi-Sector Income Fund's Enterprise Value?
What is the highest Enterprise Value for Allspring Multi-Sector Income Fund (ERC)?
What is the 3-year average Enterprise Value for Allspring Multi-Sector Income Fund (ERC)?
What is the 5-year average Enterprise Value for Allspring Multi-Sector Income Fund (ERC)?
How does the current Enterprise Value for Allspring Multi-Sector Income Fund (ERC) compare to its historical average?