Calamos Long/Short Equity & Dynamic Income (CPZ) 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 8, 2026.
Summary
Calamos Long/Short Equity & Dynamic Income is the larger company by market cap ($247.1 million vs $239.6 million), about 1.0 times the size. On valuation, Allspring Multi-Sector Income Fund trades at a lower trailing P/E (9.0x vs 179.8x for Calamos Long/Short Equity & Dynamic Income). Allspring Multi-Sector Income Fund pays a dividend yielding 10.16%, while Calamos Long/Short Equity & Dynamic Income does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | CPZ | ERC |
|---|---|---|
| Share price | $12.59 | $8.54 |
| Market cap | $247.07M | $239.58M |
| 1-day change | +0.36% | -0.70% |
| YTD return | -14.23% | — |
| 1-year return | -21.43% | — |
| 5-year return | -39.54% | — |
| P/E ratio (TTM) | 179.79 | 8.99 |
| EPS (TTM) | $0.07 | $0.95 |
| Dividend yield | 13.40% | 10.16% |
| Annual dividend | $0.00 | $0.868 |
| 52-week high | $16.17 | $9.78 |
| 52-week low | $12.39 | $8.39 |
| Distance from 52-week high | -22.17% | -12.68% |
| Average volume | 69.92K | 58.99K |
| Shares outstanding | 19.63M | 28.05M |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | 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
- Calamos Long/Short Equity & Dynamic Income trades at a higher earnings multiple (179.8x vs 9.0x trailing P/E).
- Calamos Long/Short Equity & Dynamic Income offers a meaningfully higher dividend yield (13.40% vs 10.16%).
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
CPZ vs ERC FAQ
Which is bigger, Calamos Long/Short Equity & Dynamic Income or Allspring Multi-Sector Income Fund?
Calamos Long/Short Equity & Dynamic Income (CPZ) is larger, with a market capitalization of $247.07M compared with $239.58M for Allspring Multi-Sector Income Fund (ERC).
Which has the lower P/E ratio, CPZ or ERC?
ERC has the lower trailing P/E at 9.0, versus 179.8 for CPZ. 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, Calamos Long/Short Equity & Dynamic Income or Allspring Multi-Sector Income Fund?
Calamos Long/Short Equity & Dynamic Income has the higher yield at 13.40%, compared with 10.16% for Allspring Multi-Sector Income Fund.
Are Calamos Long/Short Equity & Dynamic Income and Allspring Multi-Sector Income Fund in the same industry?
Both are in the Finance sector, but in different industries: Trusts Except Educational Religious and Charitable for Calamos Long/Short Equity & Dynamic Income and Finance/Investors Services for Allspring Multi-Sector Income Fund.