ERC (Allspring Multi-Sectorome Fund) Equity-to-Asset: 0.69 (As of Apr. 2026) — Near Median

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ERC Allspring Multi-Sector Income Fund ERC
28 GF Score
Price $9.18
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What is Allspring Multi-Sectorome Fund Equity-to-Asset?

Allspring Multi-Sectorome Fund ERC 28 Equity-to-Asset is 0.69 as of Apr. 2026, which is at its 10-year median of 0.69. GuruFocus rates ERC with a GF Score™ of 28/100. The stock has 5 warning signs investors should review. Among 1,634 Asset Management companies, Allspring Multi-Sectorome Fund ranks worse than 62.97% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Allspring Multi-Sectorome Fund's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $276.27 Mil. Allspring Multi-Sectorome Fund's Total Assets for the quarter that ended in Apr. 2026 was $400.71 Mil. Therefore, Allspring Multi-Sectorome Fund's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.69.

The historical rank and industry rank for Allspring Multi-Sectorome Fund's Equity-to-Asset or its related term are showing as below:

ERC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.67   Med: 0.69   Max: 0.75
Current: 0.69

During the past 13 years, the highest Equity to Asset Ratio of Allspring Multi-Sectorome Fund was 0.75. The lowest was 0.67. And the median was 0.69.

ERC's Equity-to-Asset is ranked worse than
62.97% of 1634 companies
in the Asset Management industry
Industry Median: 0.83 vs ERC: 0.69

Allspring Multi-Sectorome Fund  (AMEX:ERC) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Allspring Multi-Sectorome Fund Equity-to-Asset Related Terms


Allspring Multi-Sectorome Fund Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Allspring Multi-Sectorome Fund's Equity-to-Asset 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 Equity-to-Asset Chart

Allspring Multi-Sectorome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.68 0.68 0.69 0.69

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
Equity-to-Asset 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 0.68 0.69 0.68 0.69 0.69

ERC vs CPZ, NHS, JRS: Equity-to-Asset Comparison

For the Asset Management subindustry, Allspring Multi-Sectorome Fund's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Multi-Sectorome Fund's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Allspring Multi-Sectorome Fund's Equity-to-Asset falls into.


ERC
28GF Score
Allspring Multi-Sector Income Fund ERC
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Allspring Multi-Sectorome Fund Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Allspring Multi-Sectorome Fund's Equity to Asset Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Equity to Asset (A: Oct. 2025 )=Total Stockholders Equity/Total Assets
=281.935/408.544
=0.69

Allspring Multi-Sectorome Fund's Equity to Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Equity to Asset (Q: Apr. 2026 )=Total Stockholders Equity/Total Assets
=276.269/400.705
=0.69

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.69 mean?
Allspring Multi-Sectorome Fund (ERC) has a Equity-to-Asset of 0.69 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Allspring Multi-Sectorome Fund and its competitors. This is near median its historical median of 0.69. Over the past decade, Allspring Multi-Sectorome Fund's Equity-to-Asset has ranged from 0.67 to 0.75. According to the industry distribution chart, Allspring Multi-Sectorome Fund ranks #1029 out of 1634 companies in the Asset Management industry, placing it in the top 63%.
Is Allspring Multi-Sectorome Fund's Equity-to-Asset too high?
Allspring Multi-Sectorome Fund's current Equity-to-Asset of 0.69 is near median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 0.75. The Asset Management industry median Equity-to-Asset is 0.83. Allspring Multi-Sectorome Fund's value of 0.69 is 16.9% below this industry median. Based on the distribution chart, Allspring Multi-Sectorome Fund ranks #1029 out of 1634 companies in the Asset Management industry, which is below the industry midpoint. Overall, Allspring Multi-Sectorome Fund has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Allspring Multi-Sectorome Fund's Equity-to-Asset compare to CPZ and NHS?
According to the Asset Management industry distribution chart, Allspring Multi-Sectorome Fund ranks #1029 out of 1634 companies for Equity-to-Asset. This places Allspring Multi-Sectorome Fund in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Allspring Multi-Sectorome Fund's value of 0.69 is 16.9% below this benchmark. Historically, Allspring Multi-Sectorome Fund's own Equity-to-Asset has ranged from 0.67 to 0.75 over the past decade. While the company's 10-year median is 0.69 vs. the industry median of 0.83, Allspring Multi-Sectorome Fund has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,634 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Allspring Multi-Sectorome Fund's current Equity-to-Asset of 0.69 is 16.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Allspring Multi-Sectorome Fund and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Allspring Multi-Sectorome Fund's current Equity-to-Asset is 0.69, which is near median its own 10-year median of 0.69. 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?
Allspring Multi-Sectorome Fund (ERC) has a current Equity-to-Asset of 0.69. The current Equity-to-Asset is 0.69, which is near median its 10-year median of 0.69 and 16.9% below the Asset Management industry median of 0.83. Allspring Multi-Sectorome Fund's overall GF Score™ is 28/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Allspring Multi-Sectorome Fund (ERC), the current Equity-to-Asset is 0.69 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.

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.
28GF Score

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