Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Selling, General, & Admin. Expense : $0.43 Mil (TTM As of Oct. 2023)

Allspring Multi-Sectorome Fund Selling, General, & Admin. Expense Chart

Allspring Multi-Sectorome Fund Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Selling, General, & Admin. Expense		Get a 7-Day Free Trial					0.73	0.62	0.40	0.32	0.43

Allspring Multi-Sectorome Fund Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Selling, General, & Admin. Expense	Get a 7-Day Free Trial															0.17	0.17	0.15	0.14	0.29

Competitive Comparison of Allspring Multi-Sectorome Fund's Selling, General, & Admin. Expense

For the Asset Management subindustry, Allspring Multi-Sectorome Fund's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Multi-Sectorome Fund's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Allspring Multi-Sectorome Fund's Selling, General, & Admin. Expense falls into.

Allspring Multi-Sectorome Fund Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Oct. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.43 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.

Allspring Multi-Sectorome Fund  (AMEX:ERC) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.

Allspring Multi-Sectorome Fund Selling, General, & Admin. Expense Related Terms

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Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Business Description