Allspring Multi-Sector Income Fund

ERC

US94987D1019

Closed End Funds

Market Closed - Nyse Other stock markets 04:10:00 2024-04-26 pm EDT			After market 06:30:20 pm
8.895 ^USD	+0.40%		8.825	-0.79%

Jan. 03	Allspring Multi-Sector Income Fund Reports Earnings Results for the Full Year Ended October 31, 2023	CI
2023	Tranche Update on Allspring Multi-Sector Income Fund's Equity Buyback Plan announced on November 16, 2022.	CI

Allspring Multi-Sector Income Fund announces an Equity Buyback for 5% of its outstanding share capital.

November 15, 2023 at 12:00 am EST

Allspring Multi-Sector Income Fund (NYSE:ERC) announces a share repurchase program. Under the program, the company will repurchase up to 5% of its outstanding share capital. The repurchases will commence on January 1, 2024, and the program will expire on December 31, 2024.

Allspring Funds Management, LLC acted as a broker to the company.

Latest news about Allspring Multi-Sector Income Fund

Allspring Multi-Sector Income Fund Reports Earnings Results for the Full Year Ended October 31, 2023	Jan. 03	CI
Tranche Update on Allspring Multi-Sector Income Fund's Equity Buyback Plan announced on November 16, 2022.	Nov. 15	CI
Tranche Update on Allspring Multi-Sector Income Fund's Equity Buyback Plan announced on November 16, 2022.	Nov. 15	CI
Allspring Multi-Sector Income Fund authorizes a Buyback Plan.	Nov. 15	CI
Allspring Multi-Sector Income Fund announces an Equity Buyback for 5% of its outstanding share capital.	Nov. 15	CI
Allspring Multi-Sector Income Fund Reports Earnings Results for the Half Year Ended April 30, 2023	23-07-03	CI
Allspring Multi-Sector Income Fund Reports Earnings Results for the Full Year Ended October 31, 2022	23-01-04	CI
Allspring Multi-Sector Income Fund authorizes a Buyback Plan.	22-11-16	CI
Allspring Multi-Sector Income Fund announces an Equity Buyback for 5% of its outstanding share capital.	22-11-16	CI
Allspring Multi-Sector Income Fund Reports Earnings Results for the Half Year Ended April 30, 2022	22-07-07	CI
Allspring Multi-Sector Income Fund Declares Monthly Distribution, Payable on July 1, 2022	22-05-25	CI
Allspring Multi-Sector Income Fund Announces Monthly Distribution, Payable on June 1, 2022	22-04-29	CI
Allspring Multi-Sector Income Fund Announces Executive Changes	22-02-22	CI
Allspring Multi-Sector Income Fund Reports Earnings Results for the Full Year Ended October 31, 2021	22-01-05	CI
Wells Fargo Advantage Multi-Sector Income Fund will Change its Name to Allspring Multi-Sector Income Fund	21-12-06	CI
Wells Fargo Advantage Multi-Sector Income Fund announces an Equity Buyback for 10% of its issued share capital.	21-11-12	CI
Wells Fargo Advantage Multi-Sector Income Fund authorizes a Buyback Plan.	21-11-12	CI
Wells Fargo Advantage Multi-Sector Income Fund Reports Earnings Results for the Half Year Ended April 30, 2021	21-07-02	CI
Wells Fargo Advantage Multi-Sector Income Fund Announces Monthly Distribution, Payable on June 1, 2021	21-04-30	CI
Wells Fargo Advantage Multi-Sector Income Fund Reports Earnings Results for the Full Year Ended October 31, 2020	21-01-07	CI
Wells Fargo Advantage Multi-Sector Income Fund Declares Monthly Distribution, Payable on February 1, 2021	20-12-18	CI
Wells Fargo Advantage Multi-Sector Income Fund authorizes a Buyback Plan.	20-11-18	CI
Wells Fargo Advantage Multi-Sector Income Fund announces an Equity Buyback.	20-11-18	CI
Wells Fargo Advantage Multi-Sector Income Fund Declares Monthly Distribution, Payable on December 1, 2020	20-10-30	CI
Wells Fargo Advantage Multi-Sector Income Fund Declares Monthly Distribution, Payable on November 2, 2020	20-09-25	CI

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Company Profile

Allspring Multi-Sector Income Fund (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek a high level of current income consistent with limiting its overall exposure to domestic interest rate risk. Under normal market conditions, the Fund allocates approximately 30%-70% of its total assets to a sleeve consisting of below investment-grade (high yield) debt; approximately 10%-40% to a sleeve of foreign debt securities, including emerging market debt; and approximately 10%-30% to a sleeve of adjustable-rate and fixed-rate mortgage-backed securities, and investment-grade corporate bonds. The Fund invests in a range of sectors, including energy equipment and services, oil, gas and consumable fuels, advertising, media, telecommunications and others. The Fund's investment adviser is Allspring Funds Management, LLC. The Fund's sub-advisors are Allspring Global Investments, LLC and Allspring Global Investments (UK) Limited.

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Analysts' Consensus

Sell

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Mean consensus

HOLD

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Last Close Price

8.895

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