Allspring Multi Sector Income Fund (NYSE MKT:ERC) — Market Cap & Net Worth
Market Cap & Net Worth: Allspring Multi Sector Income Fund (ERC)
Allspring Multi Sector Income Fund (NYSE MKT:ERC) has a market capitalization of $258.94 Million ($258.94 Million) as of May 3, 2026. Listed on the NYSE MKT stock exchange, this USA-based company holds position #15548 globally and #3512 in its home market, demonstrating a 0.65% increase 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 $9.23 by its total outstanding shares 28053801 (28.05 Million). Analyse cash efficiency ratio of Allspring Multi Sector Income Fund to see how efficiently the company converts income to cash.
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 $258.94 Million (5.93% 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
Latest Price to Earnings (P/E) Ratio
9.63x
Allspring Multi Sector Income Fund's market cap is 9.63 times its annual earnings
What 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 May 3, 2026.
Key companies related to Allspring Multi Sector Income Fund by market ranking:
- BlackRock Inc (NYSE:BLK): Ranked #140 globally with a market cap of $155.79 Billion USD.
- Brookfield Corporation (TO:BN): Ranked #245 globally with a market cap of $99.82 Billion USD ( CA$137.99 Billion CAD).
- Blackstone Group Inc (NYSE:BX): Ranked #267 globally with a market cap of $94.60 Billion USD.
- KKR & Co LP (NYSE:KKR): Ranked #280 globally with a market cap of $92.43 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #140 | BlackRock Inc | NYSE:BLK | $155.79 Billion | $1061.68 |
| #245 | Brookfield Corporation | TO:BN | $99.82 Billion | CA$61.48 |
| #267 | Blackstone Group Inc | NYSE:BX | $94.60 Billion | $126.35 |
| #280 | KKR & Co LP | NYSE:KKR | $92.43 Billion | $103.68 |
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 $ 258.94 Million, with a yearly change of 5.93%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $258.94 Million | -0.75% |
| 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 May 3rd, 2026 the market cap of Allspring Multi Sector Income Fund was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $258.94 Million USD |
| MoneyControl | $258.94 Million USD |
| MarketWatch | $258.94 Million USD |
| marketcap.company | $258.94 Million USD |
| Reuters | $258.94 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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