
Allspring Multi-Sector Income Fund (ERC)
ERC Price Chart
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ERC Fund Profile
Key details and information about Allspring Multi-Sector Income Fund (ERC).
Sector Focus
Financial Services
Industry
Asset Management - Income
Inception Date
25 Jun 2003
Country
US
Description
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.
ERC Fund Performance
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