ALLSPRING MULTI-SECTOR INCOME FUND

A closed-end fixed income fund launched in 2003, Allspring Multi-Sector Income Fund pursues income generation through diversified debt securities across global markets. The fund is managed by Wells Fargo Funds Management, with co-management from First International Advisors and Wells Capital Management. Its portfolio construction targets a mix of non-investment-grade corporate bonds, bank loan securities, emerging markets and foreign debt, and mortgage-backed securities spanning both adjustable and fixed-rate instruments.

The fund's investment approach integrates multiple fixed income asset classes to generate current yield. Holdings encompass investment-grade corporate debt alongside higher-yielding non-investment-grade instruments, reflecting a strategy weighted toward income production rather than capital appreciation. Geographic diversification extends beyond U.S. markets to include international and emerging market debt exposure.

Allspring Multi-Sector Income Fund is domiciled in the United States and operates as a publicly traded closed-end fund on the NYSE. The fund's asset base reflects its positioning within the broader asset management industry, where it competes as a fixed income vehicle for income-focused investors. Specific employee counts and granular revenue figures are not separately disclosed, as the fund operates under Wells Fargo's broader asset management platform.