Allspring Multi-Sector Income Fund

Frequently Asked Questions About ERC

What does ERC invest in?

The Allspring Multi-Sector Income Fund operates as a closed-end mutual fund, concentrating its investments in fixed-income assets. It was initiated and is primarily overseen by Wells Fargo Funds Management, LLC, with First International Advisors, Inc. and Wells Capital Management Incorporated providing joint management expertise. The fund's strategy involves allocating capital across a diverse range of global debt instruments. Its portfolio is predominantly comprised of a variety of higher-yielding, lower-rated corporate debt, including bank loans, sovereign and corporate debt from international and developing economies, adjustable and fixed-rate mortgage-backed securities, and select investment-grade corporate bonds. This fund was established on June 25, 2003, and maintains its legal domicile in the United States.

What is the expense ratio of ERC?

Allspring Multi-Sector Income Fund (ERC) charges an expense ratio of 3.22%. This is the annual fee deducted from fund assets to cover management and operations.

What is ERC's dividend yield?

ERC's trailing-twelve-month yield is 10.39%, calculated from the sum of dividends over the past year divided by the current price.

How big is ERC?

Allspring Multi-Sector Income Fund (ERC) manages $235.1M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is ERC actively managed or an index fund?

ERC's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was ERC launched?

Allspring Multi-Sector Income Fund (ERC) launched in June 2003 and is managed by Allspring.