ERC (Allspring Multi-Sectorome Fund) Effective Interest Rate on Debt %: 4.49% (As of Apr. 2026)


ERC Allspring Multi-Sector Income Fund ERC
49 GF Score
Price $9.16
GF Value $10.94
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Allspring Multi-Sectorome Fund Effective Interest Rate on Debt %?

Allspring Multi-Sectorome Fund ERC -0.33% 49 Effective Interest Rate on Debt % is 4.49% as of Apr. 2026. GuruFocus rates ERC with a GF Score™ of 49/100 and a GF Value™ of $10.94 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Allspring Multi-Sectorome Fund's annualized positive value of Interest Expense for the quarter that ended in Apr. 2026 was $5.35 Mil. Allspring Multi-Sectorome Fund's average total debt for the quarter that ended in Apr. 2026 was $119.00 Mil. Therefore, Allspring Multi-Sectorome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 was 4.49%.


Allspring Multi-Sectorome Fund  (AMEX:ERC) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


Allspring Multi-Sectorome Fund Effective Interest Rate on Debt % Related Terms


Allspring Multi-Sectorome Fund Effective Interest Rate on Debt % Historical Data

* Premium members only.

The historical data trend for Allspring Multi-Sectorome Fund's Effective Interest Rate on Debt % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Allspring Multi-Sectorome Fund Effective Interest Rate on Debt % Chart

Allspring Multi-Sectorome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 1.76 5.60 6.13 5.21

Allspring Multi-Sectorome Fund Semi-Annual Data
Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
Effective Interest Rate on Debt % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.15 6.11 5.20 5.21 4.49

ERC vs CPZ, GLO, NUW: Effective Interest Rate on Debt % Comparison

For the Asset Management subindustry, Allspring Multi-Sectorome Fund's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Allspring Multi-Sectorome Fund Effective Interest Rate on Debt % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Multi-Sectorome Fund's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Allspring Multi-Sectorome Fund's Effective Interest Rate on Debt % falls into.


ERC
49GF Score
Allspring Multi-Sector Income Fund ERC
Effective Interest Rate on Debt % is just one metric. See GF Score™, valuation, warning signs, and more.
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Allspring Multi-Sectorome Fund Effective Interest Rate on Debt % Calculation

Allspring Multi-Sectorome Fund's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Oct. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Oct. 2024 )+Total Debt  (A: Oct. 2025 ))/ count )
=-1  *  -6.197/( (119+119)/ 2 )
=-1  *  -6.197/119
=5.21 %

where

Allspring Multi-Sectorome Fund's annualized Effective Interest Rate on Debt % for the quarter that ended in Apr. 2026 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Oct. 2025 )+Total Debt  (Q: Apr. 2026 ))/ count )
=-1  *  -5.346/( (119+119)/ 2 )
=-1  *  -5.346/119
=4.49 %

where

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is two times the semi-annual (Apr. 2026) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

What does a Effective Interest Rate on Debt % of 4.49% mean?
Allspring Multi-Sectorome Fund (ERC) has a Effective Interest Rate on Debt % of 4.49% as of Apr. 2026. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Allspring Multi-Sectorome Fund and its competitors.
Is Allspring Multi-Sectorome Fund's Effective Interest Rate on Debt % too high?
Allspring Multi-Sectorome Fund's current Effective Interest Rate on Debt % is 4.49%. Overall, Allspring Multi-Sectorome Fund has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Allspring Multi-Sectorome Fund's Effective Interest Rate on Debt % compare to CPZ and GLO?
Allspring Multi-Sectorome Fund's Effective Interest Rate on Debt % of 4.49% can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Effective Interest Rate on Debt % for an Asset Management company?
A good Effective Interest Rate on Debt % depends on the Asset Management industry context. However, Effective Interest Rate on Debt % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Effective Interest Rate on Debt % mean?
A high Effective Interest Rate on Debt % can signal that a stock is expensive relative to its fundamentals. Effective interest rate on debt is the rate a company actually pays on its debt. View historical data on Allspring Multi-Sectorome Fund and its competitors. Allspring Multi-Sectorome Fund's current Effective Interest Rate on Debt % is 4.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allspring Multi-Sectorome Fund stock overvalued right now?
Based on GuruFocus' analysis, Allspring Multi-Sectorome Fund (ERC) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.94, compared to a current price of $9.16 — trading 16.3% below its estimated fair value. The current Effective Interest Rate on Debt % is 4.49%. Allspring Multi-Sectorome Fund's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Effective Interest Rate on Debt % calculated?
Effective Interest Rate on Debt % is calculated from a company's financial statements. For Allspring Multi-Sectorome Fund (ERC), the current Effective Interest Rate on Debt % is 4.49% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Allspring Multi-Sectorome Fund (ERC) Overvalued in 2026?

Based on GuruFocus' analysis, Allspring Multi-Sectorome Fund stock appears to be undervalued. The current stock price of $9.16 is trading 16.3% below its estimated GF Value™ of $10.94. GuruFocus considers Allspring Multi-Sectorome Fund to be Modestly Undervalued.

Key valuation signals for ERC:

  • Effective Interest Rate on Debt %: 4.49%
  • GF Value™: $10.94 vs. price of $9.16 (16.3% below fair value)
  • GF Score™: 49/100 with 5 warning signs

No single metric tells the full story. See the ERC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Allspring Multi-Sectorome Fund Business Description

Address 1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, USA, 28203
Allspring Multi-Sector Income Fund is a closed-end investment management company. The company's core business is to secure a high level of income for its investors consistent with limiting its overall exposure to domestic interest rate risk. It invests in U.S. dollar-denominated below investment-grade bonds, debentures, and other income obligations, including loans and preferred stocks, developed and emerging market debt securities, including obligations of foreign governments or governmental entities, foreign corporations, or supranational agencies denominated in various currencies, asset backed securities and investment grade corporate bonds.
49GF Score

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Effective Interest Rate on Debt % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.16
Price
$10.94
GF Value