ERC (Allspring Multi-Sectorome Fund) Financial Strength: 3 (As of Apr. 2026) — 25% Below Median

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ERC Allspring Multi-Sector Income Fund ERC
28 GF Score
Price $9.26
! 5 Warning Signs
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What is Allspring Multi-Sectorome Fund Financial Strength?

Allspring Multi-Sectorome Fund ERC +0.11% 28 Financial Strength is 3 as of Apr. 2026, which is 25% below its 10-year median of 4.00. GuruFocus rates ERC with a GF Score™ of 28/100. The stock has 5 warning signs investors should review.

Allspring Multi-Sectorome Fund has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Allspring Multi-Sector Income Fund displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

GuruFocus does not calculate Allspring Multi-Sectorome Fund's interest coverage with the available data. Allspring Multi-Sectorome Fund's debt to revenue ratio for the quarter that ended in Apr. 2026 was 8.77. Altman Z-Score does not apply to banks and insurance companies.


Allspring Multi-Sectorome Fund  (AMEX:ERC) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Allspring Multi-Sectorome Fund has the Financial Strength Rank of 3. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Allspring Multi-Sectorome Fund Financial Strength Related Terms

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

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

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 Interest Expense for the months ended in Apr. 2026 was $-2.67 Mil. Its Operating Income for the months ended in Apr. 2026 was $0.00 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $119.00 Mil.

Allspring Multi-Sectorome Fund's Interest Coverage for the quarter that ended in Apr. 2026 is

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Allspring Multi-Sectorome Fund's Debt to Revenue Ratio for the quarter that ended in Apr. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Apr. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 119) / 13.568
=8.77

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Altman Z-Score does not apply to banks and insurance companies.

* 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 Financial Strength →
What does a Financial Strength of 3 mean?
Allspring Multi-Sectorome Fund (ERC) has a Financial Strength of 3 as of Apr. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Allspring Multi-Sectorome Fund and its competitors. This is 25% below median its historical median of 4.00. Over the past decade, Allspring Multi-Sectorome Fund's Financial Strength has ranged from 3.00 to 6.00.
Is Allspring Multi-Sectorome Fund's Financial Strength too high?
Allspring Multi-Sectorome Fund's current Financial Strength of 3 is 25% below median its 10-year median of 4.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 6.00. 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 Financial Strength compare to CPZ and NHS?
Allspring Multi-Sectorome Fund's Financial Strength of 3 can be compared against companies in the Asset Management industry. Historically, Allspring Multi-Sectorome Fund's own Financial Strength has ranged from 3.00 to 6.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for an Asset Management company?
A good Financial Strength depends on the Asset Management industry context. However, Financial Strength 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 Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Allspring Multi-Sectorome Fund and its competitors. Allspring Multi-Sectorome Fund's current Financial Strength is 3, which is 25% below median its own 10-year median of 4.00. 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 Financial Strength of 3. The current Financial Strength is 3, which is 25% below median its 10-year median of 4.00. 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 Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Allspring Multi-Sectorome Fund (ERC), the current Financial Strength is 3 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

Get the complete analysis for ERC

Financial Strength is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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