Allspring Multi-Sector Income Fund (ERC) vs Nuveen AMT-Free Municipal Value Fund (NUW)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Allspring Multi-Sector Income Fund is the larger company by market cap ($239.9 million vs $233.0 million), about 1.0 times the size. On valuation, Allspring Multi-Sector Income Fund trades at a lower trailing P/E (9.0x vs 14.9x for Nuveen AMT-Free Municipal Value Fund). Allspring Multi-Sector Income Fund pays a dividend yielding 10.15%, while Nuveen AMT-Free Municipal Value Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | ERC | NUW |
|---|---|---|
| Share price | $8.55 | $12.98 |
| Market cap | $239.86M | $233.01M |
| 1-day change | +0.12% | -0.23% |
| P/E ratio (TTM) | 9.00 | 14.92 |
| EPS (TTM) | $0.95 | $0.87 |
| Dividend yield | 10.15% | 4.47% |
| Annual dividend | $0.868 | $0.00 |
| 52-week high | $9.78 | $14.70 |
| 52-week low | $8.39 | $12.70 |
| Distance from 52-week high | -12.58% | -11.70% |
| Average volume | 58.99K | 69.56K |
| Shares outstanding | 28.05M | 17.95M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Investment Managers |
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 AMT-Free Municipal Value Fund trades at a higher earnings multiple (14.9x vs 9.0x trailing P/E).
- Allspring Multi-Sector Income Fund offers a meaningfully higher dividend yield (10.15% vs 4.47%).
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
About Nuveen AMT-Free Municipal Value Fund
NUW stock →Nuveen AMT-Free Municipal Value Fund is a close-ended fixed income mutual fund launched by Nuveen Investments Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC.
Finance · Investment Managers
ERC vs NUW FAQ
Which is bigger, Allspring Multi-Sector Income Fund or Nuveen AMT-Free Municipal Value Fund?
Allspring Multi-Sector Income Fund (ERC) is larger, with a market capitalization of $239.86M compared with $233.01M for Nuveen AMT-Free Municipal Value Fund (NUW).
Which has the lower P/E ratio, ERC or NUW?
ERC has the lower trailing P/E at 9.0, versus 14.9 for NUW. 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 AMT-Free Municipal Value Fund?
Allspring Multi-Sector Income Fund has the higher yield at 10.15%, compared with 4.47% for Nuveen AMT-Free Municipal Value Fund.
Are Allspring Multi-Sector Income Fund and Nuveen AMT-Free Municipal Value Fund in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for Allspring Multi-Sector Income Fund and Investment Managers for Nuveen AMT-Free Municipal Value Fund.