ERC (Allspring Multi-Sectorome Fund) Interest Expense: $-5.77 Mil (TTM As of Apr. 2026)

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ERC Allspring Multi-Sector Income Fund ERC
28 GF Score
Price $9.25
! 5 Warning Signs
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What is Allspring Multi-Sectorome Fund Interest Expense?

Allspring Multi-Sectorome Fund ERC -0.64% 28 Interest Expense is $-5.77 Mil as of Apr. 2026. GuruFocus rates ERC with a GF Score™ of 28/100. The stock has 5 warning signs investors should review.

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Allspring Multi-Sectorome Fund's interest expense for the six months ended in Apr. 2026 was $ -2.67 Mil. Its interest expense for the trailing twelve months (TTM) ended in Apr. 2026 was $-5.77 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Allspring Multi-Sectorome Fund's Operating Income for the six months ended in Apr. 2026 was $ Mil. Allspring Multi-Sectorome Fund's Interest Expense for the six months ended in Apr. 2026 was $ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Allspring Multi-Sectorome Fund Interest Expense Historical Data

* Premium members only.

The historical data trend for Allspring Multi-Sectorome Fund's Interest Expense 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 Interest Expense Chart

Allspring Multi-Sectorome Fund Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 -2.27 -6.66 -7.30 -6.20

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
Interest Expense 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 -3.66 -3.63 -3.10 -3.10 -2.67
ERC
28GF Score
Allspring Multi-Sector Income Fund ERC
Interest Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Allspring Multi-Sectorome Fund Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Apr. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-5.77 Mil.

* 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 Interest Expense →
What does a Interest Expense of $-5.77 Mil mean?
Allspring Multi-Sectorome Fund (ERC) has a Interest Expense of $-5.77 Mil as of Apr. 2026. Interest Expense is the amount a company pays on its long-term debt. View historical data on Allspring Multi-Sectorome Fund and its competitors.
Is Allspring Multi-Sectorome Fund's Interest Expense too high?
Allspring Multi-Sectorome Fund's current Interest Expense is $-5.77 Mil. 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 Interest Expense compare to CPZ and NHS?
Allspring Multi-Sectorome Fund's Interest Expense of $-5.77 Mil 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 Interest Expense for an Asset Management company?
A good Interest Expense depends on the Asset Management industry context. However, Interest Expense 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 Interest Expense mean?
A high Interest Expense can signal that a stock is expensive relative to its fundamentals. Interest Expense is the amount a company pays on its long-term debt. View historical data on Allspring Multi-Sectorome Fund and its competitors. Allspring Multi-Sectorome Fund's current Interest Expense is $-5.77 Mil. 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 Interest Expense of $-5.77 Mil. The current Interest Expense is $-5.77 Mil. 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 Interest Expense calculated?
Interest Expense is calculated from a company's financial statements. For Allspring Multi-Sectorome Fund (ERC), the current Interest Expense is $-5.77 Mil 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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Interest Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.25
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