stoxline Quote Chart Rank Option Currency Glossary
  
Allspring Multi-Sector Income Fund (ERC)
9.18  -0.03 (-0.33%)    05-16 13:28
Open: 9.22
High: 9.22
Volume: 70,552
  
Pre. Close: 9.21
Low: 9.15
Market Cap: 258(M)
Technical analysis
2025-05-16 1:16:43 PM
Short term     
Mid term     
Targets 6-month :  10.85 1-year :  12.67
Resists First :  9.28 Second :  10.85
Pivot price 9.22
Supports First :  8.83 Second :  8.55
MAs MA(5) :  9.22 MA(20) :  9.17
MA(100) :  9.16 MA(250) :  9.16
MACD MACD :  0 Signal :  0
%K %D K(14,3) :  63.6 D(3) :  75.3
RSI RSI(14): 50.7
52-week High :  9.57 Low :  8.43
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ ERC ] has closed above bottom band by 9.2%. Bollinger Bands are 62% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 2 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 9.25 - 9.3 9.3 - 9.34
Low: 9.05 - 9.1 9.1 - 9.16
Close: 9.1 - 9.19 9.19 - 9.28
Company Description

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.

Headline News

Thu, 15 May 2025
ERC: Relies On Interest Rate Cuts For Relief - Seeking Alpha

Thu, 01 May 2025
How the (ERC) price action is used to our Advantage - news.stocktradersdaily.com

Fri, 25 Apr 2025
Allspring Closed-End Funds Declare Monthly Distributions - PR Newswire

Fri, 25 Apr 2025
Allspring Income Fund Boosts Distribution: 8.75% Annual Yield Target Maintained - Stock Titan

Fri, 28 Mar 2025
High-Yield Alert: Allspring Fund's Latest 8.75% Distribution Plan Revealed - Stock Titan

Tue, 25 Feb 2025
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions - PR Newswire

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Underperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Underperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Financial Services
Industry:
Asset Management - Income
Shares Out 28 (M)
Shares Float 0 (M)
Held by Insiders 0 (%)
Held by Institutions 34 (%)
Shares Short 22 (K)
Shares Short P.Month 17 (K)
Stock Financials
EPS 0.81
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 9.85
Profit Margin 76.6 %
Operating Margin 91 %
Return on Assets (ttm) 4.1 %
Return on Equity (ttm) 8.2 %
Qtrly Rev. Growth 12.5 %
Gross Profit (p.s.) 0
Sales Per Share 1.06
EBITDA (p.s.) 0
Qtrly Earnings Growth 12 %
Operating Cash Flow 22 (M)
Levered Free Cash Flow 17 (M)
Stock Valuations
PE Ratio 11.3
PEG Ratio 0
Price to Book value 0.92
Price to Sales 8.63
Price to Cash Flow 11.73
Stock Dividends
Dividend 0
Forward Dividend 0
Dividend Yield 0%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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