Allspring Multi-Sector Income Fund (ERC) vs Saba Capital Income & Opportunities Fund II (SABA)
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 ($239.6 million vs $208.7 million), about 1.1 times the size. On valuation, Saba Capital Income & Opportunities Fund II trades at a lower trailing P/E (8.8x vs 9.0x for Allspring Multi-Sector Income Fund). Allspring Multi-Sector Income Fund offers the higher dividend yield (10.16% vs 8.90%).
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 | SABA |
|---|---|---|
| Share price | $8.54 | $7.80 |
| Market cap | $239.58M | $208.68M |
| 1-day change | 0.00% | -0.26% |
| P/E ratio (TTM) | 8.99 | 8.76 |
| EPS (TTM) | $0.95 | $0.89 |
| Dividend yield | 10.16% | 8.90% |
| Annual dividend | $0.868 | $0.694 |
| 52-week high | $9.73 | $9.05 |
| 52-week low | $8.39 | $7.77 |
| Distance from 52-week high | -12.23% | -13.81% |
| Average volume | 58.93K | 52.31K |
| Shares outstanding | 28.05M | 26.75M |
| 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 offers a meaningfully higher dividend yield (10.16% vs 8.90%).
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 Saba Capital Income & Opportunities Fund II
SABA stock →Saba Capital Income & Opportunities Fund II is a closed-ended fixed income mutual fund launched and managed by Saba Capital Management, L.P. The fund invests in fixed income markets across the globe.
Financial Services · Asset Management
ERC vs SABA FAQ
Which is bigger, Allspring Multi-Sector Income Fund or Saba Capital Income & Opportunities Fund II?
Allspring Multi-Sector Income Fund (ERC) is larger, with a market capitalization of $239.58M compared with $208.68M for Saba Capital Income & Opportunities Fund II (SABA).
Which has the lower P/E ratio, ERC or SABA?
SABA has the lower trailing P/E at 8.8, 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 Saba Capital Income & Opportunities Fund II?
Allspring Multi-Sector Income Fund has the higher yield at 10.16%, compared with 8.90% for Saba Capital Income & Opportunities Fund II.
Are Allspring Multi-Sector Income Fund and Saba Capital Income & Opportunities Fund II in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.