Allspring Multi Sector Income Fund

ERC · AMEX · Financial Services / Asset Management

8.40USD+0.03 (+0.36%)

Price History

Full chart

Market Stats

Previous Close8.37

Open8.40

Day Range8.33 – 8.40

52-Week Range8.31 – 9.27

Volume24.36K

Market Cap242.38M

P/E (TTM)9.09

Forward P/E0.00

EPS0.95

Dividend Yield9.97%

Beta0.54

50-Day Avg9.12

200-Day Avg9.18

About

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.

Company Details

SectorFinancial Services
IndustryAsset Management
CEOMr. Peter Malcolm Wilson
Employees0
Headquarters1415 Vantage Park Drive, Charlotte, NC, United States, 28203, USA

Leadership

Mr. Peter Malcolm WilsonChief Operating Officer, Managing Director, Senior Portfolio Manager and Director
Mr. Anthony John NorrisChief Investment Officer, Managing Director, Senior Portfolio Manager and Director
Mr. Michael William LeeDirector of Trading and Senior Portfolio Manager
Mr. Jonathan Alexander Geoffrey PerrinDirector of Research and Senior Portfolio Manager
Mr. Christopher Y. Kauffman C.F.A.Portfolio Manager
Mr. Christopher A. WightmanPortfolio Manager
Mr. Noah Wise C.F.A.Portfolio Manager & Research Analyst
Adam HicksPortfolio Manager

Financials

Income Statement

Currency: USD	2007-10-31	2008-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Total Revenue	96.87M	84.72M	102.40M	32.45M	89.04M	28.26M	41.17M	-33.70M	62.46M	48.78M	6.04M	46.06M	2.41M	44.82M	-53.65M	27.40M	45.77M	26.31M
Growth (%)	-	-12.54%	+20.86%	-68.31%	+174.39%	-68.26%	+45.69%	-181.85%	+285.34%	-21.90%	-87.61%	+662.24%	-94.77%	+1760.52%	-219.69%	+151.06%	+67.07%	-42.53%
Cost of Revenue	7.16M	7.12M	512.68K	615.56K	766.16K	517.59K	469.76K	1.53M	2.52M	3.37M	4.95M	5.39M	2.92M	1.14M	2.27M	6.66M	7.30M	2.59M
Gross Profit	89.71M	77.60M	102.40M	32.45M	89.04M	27.74M	40.70M	-35.23M	59.94M	45.41M	1.09M	40.67M	-515.23K	43.68M	-55.92M	20.74M	38.48M	23.72M
Gross Margin	92.61%	91.59%	100.00%	100.00%	100.00%	98.17%	98.86%	104.54%	95.96%	93.09%	18.10%	88.30%	-21.39%	97.46%	104.23%	75.69%	84.06%	90.17%
Operating Expense	1.69M	2.96M	3.04M	2.20M	2.70M	3.07M	2.80M	1.61M	1.05M	1.70M	1.33M	761.13K	659.47K	414.78K	319.47K	473.92K	525.65K	-9.47M
Operating Income	88.02M	74.64M	99.36M	30.25M	86.34M	24.67M	37.90M	-36.84M	58.89M	43.71M	-235.96K	39.91M	-1.17M	43.27M	-56.24M	20.26M	37.95M	33.19M
Operating Margin	90.86%	88.09%	97.03%	93.22%	96.97%	87.30%	92.05%	109.32%	94.29%	89.61%	-3.90%	86.65%	-48.76%	96.53%	104.83%	73.96%	82.91%	126.17%
EBITDA	-	-	99.36M	30.25M	86.34M	23.38M	37.04M	-37.78M	55.47M	42.48M	-839.32K	39.35M	-1.70M	43.59M	-55.93M	18.93M	35.46M	27.08M
EBITDA Margin	-	-	97.03%	93.22%	96.97%	82.72%	89.97%	112.12%	88.81%	87.07%	-13.89%	85.42%	-70.58%	97.26%	104.25%	69.08%	77.48%	102.94%
Net Income	84.40M	-154.34M	99.36M	30.25M	86.34M	24.67M	37.90M	-36.84M	58.89M	43.71M	-235.96K	39.91M	-1.17M	43.27M	-56.24M	20.26M	37.95M	27.08M
Net Income Margin	87.12%	-182.17%	97.03%	93.22%	96.97%	87.30%	92.05%	109.32%	94.29%	89.61%	-3.90%	86.65%	-48.76%	96.53%	104.83%	73.96%	82.91%	102.94%
R&D	-	-	-	-	-	-	-	0	0	1.65	0.01	1.31	0.07	1.32	9.91	2.21	-	-
R&D as % of Total Revenue	-	-	-	-	-	-	-	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-0.00%	0.00%	-	-
Interest Expense	0	0	512.68K	615.56K	766.16K	517.59K	469.76K	1.53M	2.52M	3.37M	4.95M	5.39M	2.92M	1.14M	2.27M	6.66M	7.30M	6.20M
Interest Expense % of Total Revenue	0.00%	0.00%	0.50%	1.90%	0.86%	1.83%	1.14%	-4.54%	4.04%	6.91%	81.90%	11.70%	121.39%	2.54%	-4.23%	24.31%	15.94%	23.56%

Balance Sheet

Currency: USD	2007-10-31	2008-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Total Assets	1.30B	984.78M	956.87M	918.71M	969.37M	940.59M	917.29M	837.11M	823.70M	693.47M	608.56M	587.47M	497.59M	502.48M	389.72M	389.71M	404.77M	408.54M
Total Liabilities	114.90M	338.16M	255.76M	239.21M	254.00M	251.02M	240.28M	245.88M	232.86M	193.64M	195.25M	183.57M	153.04M	149.54M	124.05M	126.42M	125.69M	126.61M
Total Equity	1.19B	646.62M	701.11M	679.50M	715.37M	689.57M	677.00M	591.23M	590.84M	499.82M	413.32M	403.91M	344.55M	352.94M	265.67M	263.30M	279.08M	281.93M
Cash	3.87M	1.48M	-	-	-	2.38M	8.39K	8.19K	2.02M	743.69K	57.28K	74	169.66K	174.95K	357.96K	272.58K	234.54K	375.33K
Total Debt	-	-	130.01M	130.14M	230.20M	230.20M	230.36M	230.14M	220.00M	187.00M	187.00M	173.00M	139.00M	139.00M	119.00M	119.00M	119.00M	119.00M
Net Debt	-	-	130.01M	130.14M	230.20M	227.82M	230.36M	230.13M	217.97M	186.26M	186.94M	173.00M	138.83M	138.83M	118.64M	118.73M	118.77M	118.62M

Cash Flow

Currency: USD	2007-10-31	2008-10-31	2010-10-31	2011-10-31	2012-10-31	2013-10-31	2014-10-31	2015-10-31	2016-10-31	2017-10-31	2018-10-31	2019-10-31	2020-10-31	2021-10-31	2022-10-31	2023-10-31	2024-10-31	2025-10-31
Operating Cash Flow	62.96M	84.67M	53.31M	54.67M	46.29M	52.95M	49.13M	48.94M	69.58M	167.50M	85.62M	63.95M	92.31M	34.87M	51.77M	22.86M	22.10M	24.49M
Investing Cash Flow	-	-	-	-	-	-	-	0	0	113.74M	33.55M	48.86M	50.25M	16.43M	33.88M	-332.59K	5.61M	-6.17M
Financing Cash Flow	-55.36M	-89.93M	-56.99M	-52.73M	-49.96M	-50.47M	-50.30M	-49.30M	-68.53M	-168.78M	-86.31M	-64.00M	-92.14M	-34.86M	-51.59M	-22.95M	-22.14M	-24.06M
Capital Expenditure	0	0	0	0	0	0	0	0	0	0	0	0	3	3	5	3	0	0
Free Cash Flow	-	-	53.31M	54.67M	46.29M	52.95M	49.13M	48.94M	69.58M	167.50M	85.62M	63.95M	92.31M	34.87M	51.77M	22.86M	22.10M	24.49M
Dividends Paid	55.36M	67.43M	55.35M	52.21M	50.47M	50.47M	50.47M	49.08M	47.99M	46.69M	43.07M	37.98M	35.23M	31.16M	30.91M	22.95M	22.03M	24.06M
FCF to OCF	-	-	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Dividend Paid to FCF	-	-	103.82%	95.50%	109.01%	95.30%	102.72%	100.29%	68.98%	27.88%	50.30%	59.39%	38.16%	89.38%	59.71%	100.37%	99.67%	98.25%

Earnings

Report Date	Jan 31, 2011	Apr 30, 2011	Jul 31, 2011	Oct 31, 2011	Jan 31, 2012	Apr 30, 2012	Jul 31, 2012	Oct 31, 2012	Jan 31, 2013	Apr 30, 2013	Jul 31, 2013	Oct 31, 2013	Jan 31, 2014	Apr 30, 2014	Jul 31, 2014	Oct 31, 2014	Jan 31, 2015	Apr 30, 2015	Jul 31, 2015	Oct 31, 2015	Jan 31, 2016	Apr 30, 2016	Jul 31, 2016	Oct 31, 2016	Jan 31, 2017	Apr 30, 2017	Jul 31, 2017	Oct 31, 2017	Jan 31, 2018	Apr 30, 2018	Jul 31, 2018	Oct 31, 2018	Jan 31, 2019	Apr 30, 2019	Jul 31, 2019	Oct 31, 2019	Jan 31, 2020	Apr 30, 2020	Jul 31, 2020	Oct 31, 2020	Jan 31, 2021	Apr 30, 2021	Jan 3, 2025	Jul 2, 2025
EPS Estimate	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EPS Actual	0.39	0.39	-0.03	-0.03	0.43	0.43	0.60	0.60	0.53	0.53	-0.24	-0.24	0.33	0.33	0.12	0.12	-0.01	-0.01	-0.43	-0.43	0.17	0.17	0.54	0.54	0.33	0.33	0.24	0.24	0.12	0.12	-0.13	-0.13	0.40	0.40	0.25	0.25	-0.76	-0.76	0.79	0.79	0.64	0.64	0.49	0.24
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Key Statistics & Ratios

Market Cap242.38M

Enterprise Value361.24M

Trailing P/E9.09

Forward P/E0.00

PEG Ratio0.00

Price / Sales8.57

Price / Book0.89

EPS0.95

Book Value9.85

Revenue (TTM)28.27M

Gross Profit (TTM)28.27M

EBITDA23.07M

Profit Margin95.32%

Operating Margin90.36%

Return on Equity9.80%

Return on Assets3.98%

Shares Outstanding28.05M

Shares Float0

Beta0.54

Dividend Yield9.97%

Dividend Rate0.87

Payout Ratio91.36%

Analyst Ratings

Hold

Based on 1 analysts

Hold
1

Dividends

202611×

0.07Nov 12, 20260.07Oct 13, 20260.07Sep 11, 20260.07Aug 13, 20260.07Jul 10, 20260.07Jun 11, 20260.07May 11, 20260.07Apr 10, 20260.07Mar 12, 20260.07Feb 12, 20260.07Jan 12, 2026

202512×

0.07Dec 11, 20250.07Nov 13, 20250.07Oct 14, 20250.07Sep 12, 20250.07Aug 11, 20250.07Jul 11, 20250.07Jun 12, 20250.07May 12, 20250.07Apr 11, 20250.07Mar 13, 20250.07Feb 13, 20250.07Jan 13, 2025

20241×

0.07Dec 12, 2024