Allspring Multi Sector Income Fund
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 loa… Read more
Market Cap & Net Worth: Allspring Multi Sector Income Fund (ERC)
Allspring Multi Sector Income Fund (NYSE MKT:ERC) has a market capitalization of $252.48 Million ($252.48 Million) as of March 19, 2026. Listed on the NYSE MKT stock exchange, this USA-based company holds position #41404 globally and #13466 in its home market, demonstrating a -0.77% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Allspring Multi Sector Income Fund's stock price $9.00 by its total outstanding shares 28053801 (28.05 Million).
Allspring Multi Sector Income Fund Market Cap History: 2015 to 2026
Allspring Multi Sector Income Fund's market capitalization history from 2015 to 2026. Data shows growth from $136.57 Million to $252.48 Million (5.74% CAGR).
Allspring Multi Sector Income Fund Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Allspring Multi Sector Income Fund's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
9.92x
Allspring Multi Sector Income Fund's market cap is 9.92 times its annual revenue
2.92x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
9.63x
Allspring Multi Sector Income Fund's market cap is 9.63 times its annual earnings
4.96x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $169.82 Million | $62.46 Million | $58.89 Million | 2.72x | 2.88x |
| 2017 | $190.19 Million | $48.78 Million | $43.71 Million | 3.90x | 4.35x |
| 2018 | $178.90 Million | $6.04 Million | -$235.96K | 29.60x | N/A |
| 2019 | $229.09 Million | $46.06 Million | $39.91 Million | 4.97x | 5.74x |
| 2020 | $239.16 Million | $2.41 Million | -$1.17 Million | 99.27x | N/A |
| 2021 | $284.03 Million | $44.82 Million | $43.27 Million | 6.34x | 6.56x |
| 2022 | $233.56 Million | $-53.65 Million | -$56.24 Million | -4.35x | N/A |
| 2023 | $244.95 Million | $27.40 Million | $20.26 Million | 8.94x | 12.09x |
| 2024 | $257.81 Million | $45.77 Million | $37.95 Million | 5.63x | 6.79x |
| 2025 | $260.90 Million | $26.31 Million | $27.08 Million | 9.92x | 9.63x |
Competitor Companies of ERC by Market Capitalization
Companies near Allspring Multi Sector Income Fund in the global market cap rankings as of March 19, 2026.
Key companies related to Allspring Multi Sector Income Fund by market ranking:
- BlackRock Inc (NYSE:BLK): Ranked #130 globally with a market cap of $139.39 Billion USD.
- Blackstone Group Inc (NYSE:BX): Ranked #241 globally with a market cap of $84.42 Billion USD.
- INVESTOR A (FRIA) O.N. (F:IVS): Ranked #247 globally with a market cap of $81.23 Billion USD ( €79.13 Billion EUR).
- Brookfield Corp (NYSE:BN): Ranked #275 globally with a market cap of $75.54 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #130 | BlackRock Inc | NYSE:BLK | $139.39 Billion | $968.31 |
| #241 | Blackstone Group Inc | NYSE:BX | $84.42 Billion | $113.53 |
| #247 | INVESTOR A (FRIA) O.N. | F:IVS | $81.23 Billion | €32.40 |
| #275 | Brookfield Corp | NYSE:BN | $75.54 Billion | $39.25 |
Allspring Multi Sector Income Fund Historical Marketcap From 2015 to 2026
Between 2015 and today, Allspring Multi Sector Income Fund's market cap moved from $136.57 Million to $ 252.48 Million, with a yearly change of 5.74%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $252.48 Million | -3.23% |
| 2025 | $260.90 Million | +1.20% |
| 2024 | $257.81 Million | +5.25% |
| 2023 | $244.95 Million | +4.87% |
| 2022 | $233.56 Million | -17.77% |
| 2021 | $284.03 Million | +18.76% |
| 2020 | $239.16 Million | +4.40% |
| 2019 | $229.09 Million | +28.05% |
| 2018 | $178.90 Million | -5.93% |
| 2017 | $190.19 Million | +12.00% |
| 2016 | $169.82 Million | +24.34% |
| 2015 | $136.57 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 19th, 2026 the market cap of Allspring Multi Sector Income Fund was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $252.48 Million USD |
| MoneyControl | $252.48 Million USD |
| MarketWatch | $252.48 Million USD |
| marketcap.company | $252.48 Million USD |
| Reuters | $252.48 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.