Ares Dynamic Credit Allocation Fund (ARDC) vs Allspring Multi-Sector Income Fund (ERC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Ares Dynamic Credit Allocation Fund is the larger company by market cap ($272.7 million vs $239.6 million), about 1.1 times the size. On valuation, Allspring Multi-Sector Income Fund trades at a lower trailing P/E (9.0x vs 54.2x for Ares Dynamic Credit Allocation Fund). Allspring Multi-Sector Income Fund pays a dividend yielding 10.16%, while Ares Dynamic Credit Allocation Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ARDC | ERC |
|---|---|---|
| Share price | $11.38 | $8.54 |
| Market cap | $272.73M | $239.58M |
| 1-day change | +0.18% | 0.00% |
| YTD return | -14.44% | — |
| 1-year return | -17.30% | — |
| 5-year return | -31.11% | — |
| P/E ratio (TTM) | 54.19 | 8.99 |
| EPS (TTM) | $0.21 | $0.95 |
| Dividend yield | 11.86% | 10.16% |
| Annual dividend | $0.00 | $0.868 |
| 52-week high | $13.99 | $9.73 |
| 52-week low | $11.25 | $8.39 |
| Distance from 52-week high | -18.66% | -12.23% |
| Average volume | 111.52K | 58.93K |
| Shares outstanding | 23.97M | 28.05M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Ares Dynamic Credit Allocation Fund trades at a higher earnings multiple (54.2x vs 9.0x trailing P/E).
- Ares Dynamic Credit Allocation Fund offers a meaningfully higher dividend yield (11.86% vs 10.16%).
About Ares Dynamic Credit Allocation Fund
ARDC stock →Ares Dynamic Credit Allocation Fund, Inc. is a closed-ended fixed income fund launched by Ares Management LLC.
Finance · Investment Managers
About Allspring Multi-Sector Income Fund
ERC stock →Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc.
Finance · Finance/Investors Services
ARDC vs ERC FAQ
Which is bigger, Ares Dynamic Credit Allocation Fund or Allspring Multi-Sector Income Fund?
Ares Dynamic Credit Allocation Fund (ARDC) is larger, with a market capitalization of $272.73M compared with $239.58M for Allspring Multi-Sector Income Fund (ERC).
Which has the lower P/E ratio, ARDC or ERC?
ERC has the lower trailing P/E at 9.0, versus 54.2 for ARDC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Ares Dynamic Credit Allocation Fund or Allspring Multi-Sector Income Fund?
Ares Dynamic Credit Allocation Fund has the higher yield at 11.86%, compared with 10.16% for Allspring Multi-Sector Income Fund.
Are Ares Dynamic Credit Allocation Fund and Allspring Multi-Sector Income Fund in the same industry?
Both are in the Finance sector, but in different industries: Investment Managers for Ares Dynamic Credit Allocation Fund and Finance/Investors Services for Allspring Multi-Sector Income Fund.