Allspring Multi-Sector Income Fund (ERC) vs Saratoga Investment New (SAR)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Saratoga Investment New is the larger company by market cap ($239.8 million vs $239.6 million), about 1.0 times the size. On valuation, Allspring Multi-Sector Income Fund trades at a lower trailing P/E (9.1x vs 16.2x for Saratoga Investment New). Allspring Multi-Sector Income Fund pays a dividend yielding 10.16%, while Saratoga Investment New does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | ERC | SAR |
|---|---|---|
| Share price | $8.54 | $14.91 |
| Market cap | $239.58M | $239.77M |
| 1-day change | -0.70% | -5.69% |
| YTD return | — | -35.37% |
| 1-year return | — | -36.15% |
| 5-year return | — | -49.20% |
| P/E ratio (TTM) | 9.09 | 16.21 |
| Forward P/E | — | 7.31 |
| EPS (TTM) | $0.94 | $0.92 |
| Dividend yield | 10.16% | 18.98% |
| Annual dividend | $0.868 | $0.00 |
| 52-week high | $9.78 | $24.07 |
| 52-week low | $8.39 | $13.78 |
| Distance from 52-week high | -12.68% | -38.06% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +42.19% |
| Average volume | 57.01K | 167.94K |
| Shares outstanding | 28.05M | 16.08M |
| 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
- Saratoga Investment New trades at a higher earnings multiple (16.2x vs 9.1x trailing P/E).
- Saratoga Investment New offers a meaningfully higher dividend yield (18.98% vs 10.16%).
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 Saratoga Investment New
SAR stock →Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisition financings, growth financings, recapitalization, debt refinancing, and transitional financing transactions at the lower end of middle market companies.
Financial Services · Asset Management
ERC vs SAR FAQ
Which is bigger, Allspring Multi-Sector Income Fund or Saratoga Investment New?
Saratoga Investment New (SAR) is larger, with a market capitalization of $239.77M compared with $239.58M for Allspring Multi-Sector Income Fund (ERC).
Which has the lower P/E ratio, ERC or SAR?
ERC has the lower trailing P/E at 9.1, versus 16.2 for SAR. 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 Saratoga Investment New?
Saratoga Investment New has the higher yield at 18.98%, compared with 10.16% for Allspring Multi-Sector Income Fund.
Are Allspring Multi-Sector Income Fund and Saratoga Investment New in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.