MetaCap

BNY Mellon Strategic Municipal Bond Fund (DSM) 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

BNY Mellon Strategic Municipal Bond Fund is the larger company by market cap ($253.1 million vs $239.6 million), about 1.1 times the size. On valuation, BNY Mellon Strategic Municipal Bond Fund trades at a lower trailing P/E (8.1x vs 9.0x for Allspring Multi-Sector Income Fund). Allspring Multi-Sector Income Fund offers the higher dividend yield (10.16% vs 5.62%).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

DSM versus ERC key metrics
MetricDSMERC
Share price$5.12$8.54
Market cap$253.07M$239.58M
1-day change+0.39%0.00%
P/E ratio (TTM)8.138.99
EPS (TTM)$0.63$0.95
Dividend yield5.62%10.16%
Annual dividend$0.288$0.868
52-week high$6.30$9.73
52-week low$5.07$8.39
Distance from 52-week high-18.73%-12.23%
Average volume158.68K58.93K
Shares outstanding49.43M28.05M
SectorFinanceFinancial Services
IndustryInvestment ManagersAsset Management

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

  • Allspring Multi-Sector Income Fund offers a meaningfully higher dividend yield (10.16% vs 5.62%).
  • The two companies sit in different sectors: BNY Mellon Strategic Municipal Bond Fund in Finance and Allspring Multi-Sector Income Fund in Financial Services.

About BNY Mellon Strategic Municipal Bond Fund

DSM stock →

BNY Mellon Strategic Municipal Bond Fund, Inc. is a closed ended fixed income mutual fund launched and managed by BNY Mellon Investment Adviser, Inc.

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.

Financial Services · Asset Management

DSM vs ERC FAQ

Which is bigger, BNY Mellon Strategic Municipal Bond Fund or Allspring Multi-Sector Income Fund?

BNY Mellon Strategic Municipal Bond Fund (DSM) is larger, with a market capitalization of $253.07M compared with $239.58M for Allspring Multi-Sector Income Fund (ERC).

Which has the lower P/E ratio, DSM or ERC?

DSM has the lower trailing P/E at 8.1, versus 9.0 for ERC. 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, BNY Mellon Strategic Municipal Bond Fund or Allspring Multi-Sector Income Fund?

Allspring Multi-Sector Income Fund has the higher yield at 10.16%, compared with 5.62% for BNY Mellon Strategic Municipal Bond Fund.

Are BNY Mellon Strategic Municipal Bond Fund and Allspring Multi-Sector Income Fund in the same industry?

No. BNY Mellon Strategic Municipal Bond Fund is in the Finance sector, while Allspring Multi-Sector Income Fund is in Financial Services.

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