Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) declared a monthly dividend on Wednesday, August 14th, Wall Street Journal reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.0659 per share on Tuesday, October 1st. This represents a $0.79 annualized dividend and a dividend yield of 8.46%. The ex-dividend date of this dividend is Friday, September 13th.
Allspring Multi-Sector Income Fund has raised its dividend payment by an average of 8.2% annually over the last three years.
Allspring Multi-Sector Income Fund Stock Performance
NYSEAMERICAN ERC opened at $9.35 on Thursday. Allspring Multi-Sector Income Fund has a one year low of $8.51 and a one year high of $9.60.
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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