ERC Stock Summary and Trading Ideas (Allspring Multi-Sector Income | AMEX:ERC)

The fund seeks to provide a high level of current income consistent with limiting its overall exposure to domestic interest rate risk. The fund invests in a mix of non-investment-grade corporate debt securities, including floating rate high yield bank loan securities, foreign and emerging market debt securities, adjustable and

Allspring Multi-Sector Income trades on the AMEX stock market under the symbol ERC.

As of February 27, 2026, ERC stock price was flat at $9.38 with 77,973 million shares trading.

ERC has a beta of 0.37, meaning it tends to be less sensitive to market movements. ERC has a correlation of 0.38 to the broad based SPY ETF.

ERC has a market cap of $263.14 million. This is considered a Small Cap stock.

In the last 3 years, ERC traded as high as $9.95 and as low as $8.44.

ERC has underperformed the market in the last year with a price return of +10.9% while the SPY ETF gained +18.5%. However, in the short term, ERC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +2.5% vs +1.2% return in SPY. But in the last 2 weeks, ERC shares have been beat by the market, returning -0.2% compared to an SPY return of +0.6%.

ERC support price is $9.30 and resistance is $9.46 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ERC shares will trade within this expected range on the day.