Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Investors of record on Thursday, February 13th will be given a dividend of 0.0728 per share on Monday, March 3rd. This represents a $0.87 annualized dividend and a yield of 9.39%. The ex-dividend date is Thursday, February 13th.
Allspring Multi-Sector Income Fund has decreased its dividend by an average of 0.2% annually over the last three years.
Allspring Multi-Sector Income Fund Trading Down 0.7 %
NYSEAMERICAN:ERC opened at $9.31 on Tuesday. Allspring Multi-Sector Income Fund has a 1-year low of $8.77 and a 1-year high of $9.58.
Allspring Multi-Sector Income Fund Company Profile
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 and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds.
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