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ERC Price Forecast & CEF Analysis. Distribution · NAV · Discount · Expense Ratio · RSI · MACD | US Stocks Today

ERC
ERC
Allspring Multi-Sector Income Fund
At close Nov 5 at 3:57 PM ET (Korea 11/6 05:57)
$8.59
-0.08 ▼ -0.92%
Nov 5 at 3:55 PM ET (Korea 11/6 05:55)
$8.59
+0.00 +0.00%

Full metrics table

About this fund
올스프링 멀티섹터 인컴 펀드ERC | AMEX | Bond fund
Good to know

It runs 31% of assets on borrowed money.

Borrowing to buy more lifts gains and deepens losses. This is not the same as an ETF tracking 3x a day.

ERC fund at a glance as of Nov 5
Distribution rate ⓘ 10.38% monthly
Total Expense Ratio ⓘ 3.22%
AUM ⓘ $265M Assets Under Management
Leverage ⓘ 31%
Net asset value ⓘ $9.51
Inception 2003
Issuer Allspring Global Investments
Cheaper than its assets?

Against the value of what the fund holds it is 8.8% cheaper.

Its holdings are worth $9.51 per share, but it trades at $8.67. That is close to its past-year average (7.4% below value).

Market price $8.67
Net asset value ⓘ $9.51
Quote

Over the past 1 year, on the lower side

10% below its 1-year high.

1-Year Low$8.36 1-Year High$9.58
52-Wk Position19%
Volume ⓘ 107.0K

Traded more than usual. That is 141% of its average volume.

Upcoming events

Ex-dividend date: November 12

6 days to go. Buy before this date to receive the dividend.

Ex-dividend dateNovember 12
Dividend pay dateDecember 1
A
Overall · mostly strong
We judged 3 of the 3 questions below. 2 rate excellent and 1 need caution.
ETFs holding this stock 6 ETFs

Multiple ETFs hold this stock, but only a sliver

Buying this ETF gives you exposure to this stock as well.

Derivative ETFs· Caution: Long-term holdingAUM

Special products that amplify (leveraged) or invert this single stock. They decay quickly and are not for long-term holding.

EMQQ EMQQ The Emerging Markets Internet ETF 231M EBIZ Global X E-commerce ETF 27M FMQQ FMQQ The Next Frontier Internet ETF 16M ISHP First Trust S-Network E-Commerce ETF 5M
Peer comparison Closed-End Fund - Debt

It ranks #1002 of 1436 in the industry

Based on market cap of $241M.

CNCK#998 Coincheck Group NV $244M PER -
ERC#1002 Allspring Multi-Sector Income Fund $241M PER -
FAQ

FAQ

What kind of CEF is ERC?

ERC is a closed-end fund (CEF).

What is the distribution yield of ERC?

ERC's distribution yield is approximately 10.14%, paid out on a regular basis.

What is the 52-week high and low for ERC?

ERC has recorded a 52-week high of $9.58 and a low of $8.36.

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