Allspring Multi-Sector Income Fund (ERC) vs Invesco Municipal Income Opportunities (OIA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Invesco Municipal Income Opportunities is the larger company by market cap ($274.6 million vs $239.6 million), about 1.1 times the size. On valuation, Allspring Multi-Sector Income Fund trades at a lower trailing P/E (9.0x vs 30.2x for Invesco Municipal Income Opportunities). Allspring Multi-Sector Income Fund offers the higher dividend yield (10.16% vs 6.09%).
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 | OIA |
|---|---|---|
| Share price | $8.54 | $5.73 |
| Market cap | $239.58M | $274.65M |
| 1-day change | 0.00% | +0.53% |
| YTD return | — | -4.66% |
| 1-year return | — | -5.45% |
| 5-year return | — | -27.74% |
| P/E ratio (TTM) | 8.99 | 30.16 |
| EPS (TTM) | $0.95 | $0.19 |
| Dividend yield | 10.16% | 6.09% |
| Annual dividend | $0.868 | $0.349 |
| 52-week high | $9.73 | $6.40 |
| 52-week low | $8.39 | $5.09 |
| Distance from 52-week high | -12.23% | -10.47% |
| Average volume | 58.93K | 162.52K |
| Shares outstanding | 28.05M | 47.93M |
| 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
- Invesco Municipal Income Opportunities trades at a higher earnings multiple (30.2x vs 9.0x trailing P/E).
- Allspring Multi-Sector Income Fund offers a meaningfully higher dividend yield (10.16% vs 6.09%).
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 Invesco Municipal Income Opportunities
OIA stock →Invesco Municipal Income Opportunities Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, INVESCO Asset Management (Japan) Limited, Invesco Hong Kong Limited, INVESCO Senior Secured Management, Inc., and Invesco Canada Ltd.
Financial Services · Asset Management
ERC vs OIA FAQ
Which is bigger, Allspring Multi-Sector Income Fund or Invesco Municipal Income Opportunities?
Invesco Municipal Income Opportunities (OIA) is larger, with a market capitalization of $274.65M compared with $239.58M for Allspring Multi-Sector Income Fund (ERC).
Which has the lower P/E ratio, ERC or OIA?
ERC has the lower trailing P/E at 9.0, versus 30.2 for OIA. 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 Invesco Municipal Income Opportunities?
Allspring Multi-Sector Income Fund has the higher yield at 10.16%, compared with 6.09% for Invesco Municipal Income Opportunities.
Are Allspring Multi-Sector Income Fund and Invesco Municipal Income Opportunities in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.