MetaCap

Allspring Multi-Sector Income Fund (ERC) vs Nuveen Arizona Quality Municipal Income Fund (NAZ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

On valuation, Allspring Multi-Sector Income Fund trades at a lower trailing P/E (9.0x vs 18.9x for Nuveen Arizona Quality Municipal Income Fund). Allspring Multi-Sector Income Fund offers the higher dividend yield (10.16% vs 7.81%).

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

Head-to-head

ERC versus NAZ key metrics
MetricERCNAZ
Share price$8.54$10.60
Market cap$239.58M—
1-day change-0.70%-2.12%
P/E ratio (TTM)8.9918.93
EPS (TTM)$0.95$0.56
Dividend yield10.16%7.81%
Annual dividend$0.868$0.828
52-week high$9.78$13.42
52-week low$8.39$10.18
Distance from 52-week high-12.68%-21.01%
Average volume57.01K30.58K
Shares outstanding28.05M—
SectorFinanceFinance
IndustryFinance/Investors ServicesFinance/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

  • Nuveen Arizona Quality Municipal Income Fund trades at a higher earnings multiple (18.9x vs 9.0x trailing P/E).
  • Allspring Multi-Sector Income Fund offers a meaningfully higher dividend yield (10.16% vs 7.81%).

ERC vs NAZ FAQ

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

ERC has the lower trailing P/E at 9.0, versus 18.9 for NAZ. 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, Allspring Multi-Sector Income Fund or Nuveen Arizona Quality Municipal Income Fund?

Allspring Multi-Sector Income Fund has the higher yield at 10.16%, compared with 7.81% for Nuveen Arizona Quality Municipal Income Fund.

Are Allspring Multi-Sector Income Fund and Nuveen Arizona Quality Municipal Income Fund in the same industry?

Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.

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