Allspring Multi-Sector Income Fund (ERC) vs Virtus Convertible & Income Fund II (NCZ)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Virtus Convertible & Income Fund II is the larger company by market cap ($266.8 million vs $239.6 million), about 1.1 times the size. On valuation, Virtus Convertible & Income Fund II trades at a lower trailing P/E (3.9x vs 9.0x for Allspring Multi-Sector Income Fund). Virtus Convertible & Income Fund II offers the higher dividend yield (10.27% vs 10.16%).
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 | ERC | NCZ |
|---|---|---|
| Share price | $8.54 | $14.02 |
| Market cap | $239.58M | $266.79M |
| 1-day change | 0.00% | 0.00% |
| YTD return | — | +1.74% |
| 1-year return | — | -0.99% |
| 5-year return | — | -34.12% |
| P/E ratio (TTM) | 8.99 | 3.94 |
| EPS (TTM) | $0.95 | $3.56 |
| Dividend yield | 10.16% | 10.27% |
| Annual dividend | $0.868 | $1.44 |
| 52-week high | $9.73 | $16.17 |
| 52-week low | $8.39 | $12.95 |
| Distance from 52-week high | -12.23% | -13.30% |
| Average volume | 58.93K | 64.43K |
| Shares outstanding | 28.05M | 19.03M |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset 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 trades at a higher earnings multiple (9.0x vs 3.9x trailing P/E).
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
About Virtus Convertible & Income Fund II
NCZ stock →Virtus Convertible & Income Fund II is a closed ended fixed income mutual fund launched and managed by Allianz Global Investors Fund Management LLC. The fund is co-managed by Allianz Global Investors U.S.
Financial Services · Asset Management
ERC vs NCZ FAQ
Which is bigger, Allspring Multi-Sector Income Fund or Virtus Convertible & Income Fund II?
Virtus Convertible & Income Fund II (NCZ) is larger, with a market capitalization of $266.79M compared with $239.58M for Allspring Multi-Sector Income Fund (ERC).
Which has the lower P/E ratio, ERC or NCZ?
NCZ has the lower trailing P/E at 3.9, 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, Allspring Multi-Sector Income Fund or Virtus Convertible & Income Fund II?
Virtus Convertible & Income Fund II has the higher yield at 10.27%, compared with 10.16% for Allspring Multi-Sector Income Fund.
Are Allspring Multi-Sector Income Fund and Virtus Convertible & Income Fund II in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.