Allspring Multi-Sector Income Fund (ERC) vs PennantPark Investment (PNNT)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Allspring Multi-Sector Income Fund is the larger company by market cap ($239.9 million vs $207.3 million), about 1.2 times the size. On valuation, Allspring Multi-Sector Income Fund trades at a lower trailing P/E (9.0x vs 21.2x for PennantPark Investment). PennantPark Investment offers the higher dividend yield (25.20% vs 10.15%).
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 | PNNT |
|---|---|---|
| Share price | $8.55 | $3.18 |
| Market cap | $239.86M | $207.32M |
| 1-day change | +0.12% | -1.09% |
| YTD return | — | -46.14% |
| 1-year return | — | -50.77% |
| 5-year return | — | -52.44% |
| P/E ratio (TTM) | 9.00 | 21.17 |
| Forward P/E | — | 5.69 |
| EPS (TTM) | $0.95 | $0.15 |
| Dividend yield | 10.15% | 25.20% |
| Annual dividend | $0.868 | $0.80 |
| 52-week high | $9.73 | $6.67 |
| 52-week low | $8.39 | $3.14 |
| Distance from 52-week high | -12.13% | -52.40% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +49.61% |
| Average volume | 58.93K | 550.33K |
| Shares outstanding | 28.05M | 65.30M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance: Consumer 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
- PennantPark Investment trades at a higher earnings multiple (21.2x vs 9.0x trailing P/E).
- PennantPark Investment offers a meaningfully higher dividend yield (25.20% vs 10.15%).
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 PennantPark Investment
PNNT stock →PennantPark Investment Corporation, a business development company is a private equity fund specializes in direct and mezzanine investments in middle market companies. It invests in the form of mezzanine debt, senior secured loans, and equity investments.
Finance · Finance: Consumer Services
ERC vs PNNT FAQ
Which is bigger, Allspring Multi-Sector Income Fund or PennantPark Investment?
Allspring Multi-Sector Income Fund (ERC) is larger, with a market capitalization of $239.86M compared with $207.32M for PennantPark Investment (PNNT).
Which has the lower P/E ratio, ERC or PNNT?
ERC has the lower trailing P/E at 9.0, versus 21.2 for PNNT. 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 PennantPark Investment?
PennantPark Investment has the higher yield at 25.20%, compared with 10.15% for Allspring Multi-Sector Income Fund.
Are Allspring Multi-Sector Income Fund and PennantPark Investment in the same industry?
Both are in the Finance sector, but in different industries: Finance/Investors Services for Allspring Multi-Sector Income Fund and Finance: Consumer Services for PennantPark Investment.