Key information

🔎 Fund Overview

Allspring Multi-Sector Income Fund (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek a high level of current income consistent with limiting its overall exposure to domestic interest rate risk. Under normal market conditions, the Fund allocates approximately 30%-70% of its total assets to a sleeve consisting of below investment-grade (high yield) debt; approximately 10%-40% to a sleeve of foreign debt securities, including emerging market debt; and approximately 10%-30% to a sleeve of adjustable-rate and fixed-rate mortgage-backed securities, and investment-grade corporate bonds. The Fund's investment in fixed income securities may include bonds and preferred stocks that are convertible into the equity securities of the issuer or a related company. The Fund's investment adviser is Allspring Funds Management, LLC. The Fund's sub-advisors are Allspring Global Investments, LLC and Allspring Global Investments (UK) Limited.