Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) 3-Year Book Growth Rate : -8.20% (As of Oct. 2023)

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What is Allspring Multi-Sectorome Fund 3-Year Book Growth Rate?

Allspring Multi-Sectorome Fund's Book Value per Share for the quarter that ended in Oct. 2023 was $9.38.

During the past 12 months, Allspring Multi-Sectorome Fund's average Book Value per Share Growth Rate was -1.00% per year. During the past 3 years, the average Book Value per Share Growth Rate was -8.20% per year. During the past 5 years, the average Book Value per Share Growth Rate was -7.30% per year. During the past 10 years, the average Book Value per Share Growth Rate was -5.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Allspring Multi-Sectorome Fund was -0.10% per year. The lowest was -10.50% per year. And the median was -3.90% per year.

Competitive Comparison of Allspring Multi-Sectorome Fund's 3-Year Book Growth Rate

For the Asset Management subindustry, Allspring Multi-Sectorome Fund's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Multi-Sectorome Fund's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Allspring Multi-Sectorome Fund's 3-Year Book Growth Rate falls into.

Allspring Multi-Sectorome Fund 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.

Allspring Multi-Sectorome Fund (AMEX:ERC) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Allspring Multi-Sectorome Fund 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Allspring Multi-Sectorome Fund's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

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

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allspring Multi-Sector Income Fund (AMEX:ERC) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

N/A

Address

525 Market Street, San Francisco, CA, USA, 94105

Website

https://www.allspringglobal.com

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.

Executives

Jennifer Lea Grunberg	officer: Chief Compliance Officer	350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Jonathan Crawford	officer: Chief Compliance Officer	BOW BELLS HOUSE, 1 BREAD STREET, LONDON X0 EC4M 4BE
Paul Werner Felsch	officer: Chief Complaince Officer	100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman	director	ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse	officer: Secretary	WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Simon Fj Cockbill	officer: Chief Compliance Officer	WELLS FARGO BANK, 33 KING WILLIAM STREET, FLOOR 03, LONDON X0 EC4R 9AT
Christopher M Lee	other: Portfolio Manager	WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Alison Jane Hewitt	officer: Chief Compliance Officer	WELLS FARGO BANK, 33 KING WILLIAM STREET, FLOOR 01, LONDON X0 EC4R 9AT
Michael Joseph Schueller	other: Portfolio Manager	100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Daniel J. Mavico	officer: Chief Compliance Officer	401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf	other: Share Repurchase Committee Mem	WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Catherine Jane Ibbotson	officer: Chief Compliance Officer	1 PLANTATION PL 30 FENCHURCH ST, LONDON X0 EC3M 3BD

Allspring Multi-Sectorome Fund (Allspring Multi-Sectorome Fund) Headlines

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