Allspring Multi Sector Income Fund (ERC) - Net Assets
Based on the latest financial reports, Allspring Multi Sector Income Fund (ERC) has net assets worth $281.93 Million USD as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($408.54 Million) and total liabilities ($126.61 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Allspring Multi Sector Income Fund asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $281.93 Million |
| % of Total Assets | 69.01% |
| Annual Growth Rate | -7.68% |
| 5-Year Change | -20.12% |
| 10-Year Change | -52.28% |
| Growth Volatility | 13.16 |
Allspring Multi Sector Income Fund - Net Assets Trend (2007–2025)
This chart illustrates how Allspring Multi Sector Income Fund's net assets have evolved over time, based on quarterly financial data. Also explore Allspring Multi Sector Income Fund balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Allspring Multi Sector Income Fund (2007–2025)
The table below shows the annual net assets of Allspring Multi Sector Income Fund from 2007 to 2025. For live valuation and market cap data, see market value of Allspring Multi Sector Income Fund.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $281.93 Million | +1.02% |
| 2024-10-31 | $279.08 Million | +6.00% |
| 2023-10-31 | $263.30 Million | -0.89% |
| 2022-10-31 | $265.67 Million | -24.73% |
| 2021-10-31 | $352.94 Million | +2.43% |
| 2020-10-31 | $344.55 Million | -14.69% |
| 2019-10-31 | $403.91 Million | -2.28% |
| 2018-10-31 | $413.32 Million | -17.31% |
| 2017-10-31 | $499.82 Million | -15.40% |
| 2016-10-31 | $590.84 Million | -0.07% |
| 2015-10-31 | $591.23 Million | -12.67% |
| 2014-10-31 | $677.00 Million | -1.82% |
| 2013-10-31 | $689.57 Million | -3.61% |
| 2012-10-31 | $715.37 Million | +5.28% |
| 2011-10-31 | $679.50 Million | -3.08% |
| 2010-10-31 | $701.11 Million | +8.43% |
| 2008-10-31 | $646.62 Million | -45.59% |
| 2007-10-31 | $1.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Allspring Multi Sector Income Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 7728134700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $361.01 Million | 128.05% |
| Total Equity | $281.93 Million | 100.00% |
Allspring Multi Sector Income Fund Competitors by Market Cap
The table below lists competitors of Allspring Multi Sector Income Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Journey Energy Inc
TO:JOY
|
$259.03 Million |
|
Hana Financial 7 SPAC
KQ:230240
|
$259.11 Million |
|
Europen Endustri Insaat Sanayi ve Ticaret A.S.
IS:EUREN
|
$259.16 Million |
|
Gaotu Techedu Inc DRC
NYSE:GOTU
|
$259.22 Million |
|
ElringKlinger AG
F:ZIL2
|
$258.83 Million |
|
Oponeo.pl SA
WAR:OPN
|
$258.82 Million |
|
In Win Development Inc
TW:6117
|
$258.77 Million |
|
HansBiomed Corporation
KQ:042520
|
$258.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Allspring Multi Sector Income Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 279,082,978 to 281,934,888, a change of 2,851,910 (1.0%).
- Net income of 27,081,136 contributed positively to equity growth.
- Dividend payments of 24,063,977 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $27.08 Million | +9.61% |
| Dividends Paid | $24.06 Million | -8.54% |
| Other Changes | $-165.25K | -0.06% |
| Total Change | $- | 1.02% |
Book Value vs Market Value Analysis
This analysis compares Allspring Multi Sector Income Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.55x to 0.92x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-10-31 | $16.67 | $9.23 | x |
| 2011-10-31 | $16.16 | $9.23 | x |
| 2012-10-31 | $17.01 | $9.23 | x |
| 2013-10-31 | $16.49 | $9.23 | x |
| 2014-10-31 | $16.10 | $9.23 | x |
| 2015-10-31 | $14.12 | $9.23 | x |
| 2016-10-31 | $14.15 | $9.23 | x |
| 2017-10-31 | $13.15 | $9.23 | x |
| 2018-10-31 | $13.10 | $9.23 | x |
| 2019-10-31 | $13.05 | $9.23 | x |
| 2020-10-31 | $12.14 | $9.23 | x |
| 2021-10-31 | $12.56 | $9.23 | x |
| 2022-10-31 | $9.47 | $9.23 | x |
| 2023-10-31 | $9.36 | $9.23 | x |
| 2024-10-31 | $9.95 | $9.23 | x |
| 2025-10-31 | $10.05 | $9.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Allspring Multi Sector Income Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.61%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 102.94%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 1.45x
- Recent ROE (9.61%) is above the historical average (3.73%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.10% | 87.12% | 0.07x | 1.10x | $-34.44 Million |
| 2008 | -23.87% | -182.17% | 0.09x | 1.52x | $-219.00 Million |
| 2010 | 14.17% | 97.03% | 0.11x | 1.36x | $29.25 Million |
| 2011 | 4.45% | 93.22% | 0.04x | 1.35x | $-37.70 Million |
| 2012 | 12.07% | 96.97% | 0.09x | 1.36x | $14.80 Million |
| 2013 | 3.58% | 87.30% | 0.03x | 1.36x | $-44.29 Million |
| 2014 | 5.60% | 92.05% | 0.04x | 1.35x | $-29.80 Million |
| 2015 | -6.23% | 0.00% | -0.04x | 1.42x | $-95.96 Million |
| 2016 | 9.97% | 94.29% | 0.08x | 1.39x | $-191.71K |
| 2017 | 8.75% | 89.61% | 0.07x | 1.39x | $-6.27 Million |
| 2018 | -0.06% | -3.90% | 0.01x | 1.47x | $-41.57 Million |
| 2019 | 9.88% | 86.65% | 0.08x | 1.45x | $-477.42K |
| 2020 | -0.34% | -48.76% | 0.00x | 1.44x | $-35.63 Million |
| 2021 | 12.26% | 96.53% | 0.09x | 1.42x | $7.97 Million |
| 2022 | -21.17% | 0.00% | -0.14x | 1.47x | $-82.81 Million |
| 2023 | 7.70% | 73.96% | 0.07x | 1.48x | $-6.07 Million |
| 2024 | 13.60% | 82.91% | 0.11x | 1.45x | $10.04 Million |
| 2025 | 9.61% | 102.94% | 0.06x | 1.45x | $-1.11 Million |
Industry Comparison
This section compares Allspring Multi Sector Income Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,049,702,208
- Average return on equity (ROE) among peers: 11.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Allspring Multi Sector Income Fund (ERC) | $281.93 Million | 7.10% | 0.45x | $258.94 Million |
| Acadian Asset Management Inc (AAMI) | $49.50 Million | 132.93% | 11.35x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.60 Billion | 15.33% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $1.14 Billion | 5.20% | 0.06x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $175.70 Million | 74.08% | 0.06x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $10.54 Million | -122.10% | 1.07x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $578.41 Million | 8.64% | 1.01x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.70 Billion | 11.85% | 12.89x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $33.87 Million | -5.16% | 13.38x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $-757.16 Million | 0.00% | 0.00x | $2.65 Billion |
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