The Technical Analyst
Wells Fargo Multi-Sector [ERC]
Exchange: AMEX Industry: Asset Management
Wells Fargo Multi-Sector Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.38% $9.01
America/New_York / 10 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 252.88 mill |
| EPS: | 0.720 |
| P/E: | 12.51 |
| Earnings Date: | Feb 04, 2025 |
| SharesOutstanding: | 28.07 mill |
| Avg Daily Volume: | 0.0754 mill |
| RATING 2024-05-10 |
|---|
| C |
| Sell |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Strong Sell | |
| DE: | Neutral | |
| P/E: | Strong Sell | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 2/22 | 3/22 | 4/22 | 1/23 | 2/23 | 4/23 | |
| Revenue | n/a | |||||
| Gr.Profit | n/a | |||||
| Ebit | n/a | |||||
| Asset | n/a | n/a | n/a | n/a | ||
| Debt | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 1.02x |
| Company: PE 12.51 | sector: PE 12.30 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0x |
| Company: PE 12.51 | industry: PE -5.64 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-4.23 (-146.95%) $-13.24 |
| Date: 2024-05-12 |
| Expected Trading Range (DAY) |
|---|
|
$ 8.94 - 9.08 ( +/- 0.78%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-01-09 | Ebsworth William R. | Sell | 1 500 | Common Shares |
| 2024-01-04 | Polisson James | Sell | 1 000 | Common Shares |
| 2023-06-01 | Polisson James | Buy | 1 000 | Common Shares |
| 2023-06-01 | Ebsworth William R. | Buy | 1 700 | Common Shares |
| 2023-04-17 | Grunberg Jennifer Lea | Buy | 0 |
| INSIDER POWER |
|---|
| -16.90 |
| Last 76 transactions |
| Buy: 961 692 | Sell: 2 589 517 |
Forecast:
16:00 - $9.02
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $9.02
Forecast 2: 16:00 - $9.02
Forecast 3: 16:00 - $9.02
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $9.01 (-0.38% ) |
| Volume | 0.0677 mill |
| Avg. Vol. | 0.0754 mill |
| % of Avg. Vol | 89.88 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For ERC
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
ERC
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.
Last 10 Buy Signals
Latest Press Releases
2024-04-26 08:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly Distributions
Charlotte, n.c. , april 26, 2024 /prnewswire/ -- the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), and the allspring utilities and high income fund (nyse american: erh) have each announced a distribution.
2024-03-28 08:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly Distributions
Charlotte, n.c. , march 28, 2024 /prnewswire/ --the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), and the allspring utilities and high income fund (nyse american: erh) have each announced a distribution.
2024-02-22 16:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly And Quarterly Distributions; Allspring Announces Change To Investment Strategy Guidelines For Two Closed-end Funds
Charlotte, n.c. , feb. 22, 2024 /prnewswire/ -- the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), the allspring utilities and high income fund (nyse american: erh), and the allspring global dividend opportunity fund (nyse: eod) have each announced a distribution, as shown in the table below.
2024-02-21 08:30:00 - Press Release
Allspring Announces Change To Multi-sector Income Fund Portfolio Management Team
Charlotte, n.c. , feb. 21, 2024 /prnewswire/ -- effective march 1, 2024, alex perrin is retiring from allspring, and will be removed as a portfolio manager for the allspring multi-sector income fund (nyse american: erc).
2024-01-26 08:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly Distributions
Charlotte, n.c. , jan. 26, 2024 /prnewswire/ -- the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), and the allspring utilities and high income fund (nyse american: erh) have each announced a distribution.
Latest News
2023-08-25 21:51:57 - Seeking Alpha
CEF Market Weekly Review: Will CEF Returns Lag Their Yields?
We review CEF market valuation and performance through the third week of August and highlight recent market action. CEFs had another down week as August has now erased all of the July rally. Most CEF returns have lagged their yields over the last several years - will the trend continue?
2023-01-12 20:55:26 - Seeking Alpha
ERC: Global Fixed Income CEF Plodding Along
Allspring Multi-Sector Income Fund is a global bond closed end fund. The vehicle has posted the same total return as the much better known DoubleLine Income Solutions Fund in the past year.
2022-10-11 00:42:44 - Seeking Alpha
ERC: Target Met, Moving From Sell To Being Neutral
Allspring Multi-Sector Income Fund (ERC) is a global fixed income closed end fund. We reviewed the fund in August and our analysis yielded a Sell rating based on the abnormal premium to NAV for this fixed income CEF.
2022-08-30 18:27:58 - Seeking Alpha
ERC: Global Fixed Income CEF, 10.5% Yield
Allspring Multi-Sector Income Fund (ERC) is a global fixed income closed end fund. The fund has three main investment buckets consisting of U.S. High Yield, International Sovereign Bonds and U.S. Investment Grade Securities (MBS, IG Bonds, Securitized IG).
2021-08-18 20:21:00 - Business Wire
Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions
SAN FRANCISCO--(BUSINESS WIRE)--The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), the Wells Fargo Utilities and High Income Fund (NYSE American: ERH), and the Wells Fargo Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution. Ticker Fund name Distribution per share Frequency Change from prior distribution EAD Wells Fargo Income Opportunities Fund $0.05949 Monthly +$0.00054 ERC Wells Fargo Mult
2021-08-16 21:44:00 - Business Wire
Results of Special Shareholder Meetings of Wells Fargo Closed-End Funds
SAN FRANCISCO--(BUSINESS WIRE)--In connection with the proposed sale by Wells Fargo & Company of Wells Fargo Asset Management (WFAM) to a holding company affiliated with private funds of GTCR LLC and Reverence Capital Partners, L.P. announced on February 23, 2021, shareholders of the Wells Fargo closed-end funds identified below (each, a “Fund” and, collectively, the “Funds”) were asked to approve new investment advisory and sub-advisory agreements for the Funds at special meetings of share
2021-06-25 16:22:00 - Business Wire
Wells Fargo Closed-End Funds Declare Monthly Distributions
SAN FRANCISCO--(BUSINESS WIRE)--The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution. Ticker Fund name Distribution per share Frequency Change from prior distribution EAD Wells Fargo Income Opportunities Fund $0.05841 Monthly +$0.00077 ERC Wells Fargo Multi-Sector Income Fund $0.09443 Monthly +$0.00096 ERH Wells Farg
2021-05-18 17:04:00 - Business Wire
Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions
SAN FRANCISCO--(BUSINESS WIRE)--The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), the Wells Fargo Utilities and High Income Fund (NYSE American: ERH), and the Wells Fargo Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution. Ticker Fund name Distribution per share Frequency Change from prior distribution EAD Wells Fargo Income Opportunities Fund $0.05764 Monthly +$0.00097 ERC Wells Fargo Mult
2021-03-26 16:34:00 - Business Wire
Wells Fargo Closed-End Funds Declare Monthly Distributions
SAN FRANCISCO--(BUSINESS WIRE)--The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution. Ticker Fund name Distribution per share Frequency Change from prior distribution EAD Wells Fargo Income Opportunities Fund $0.05588 Monthly +$0.00010 ERC Wells Fargo Multi-Sector Income Fund $0.09131 Monthly -$0.00011 ERH Wells Farg