Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) announced a monthly dividend on Friday, July 26th, NASDAQ reports. Investors of record on Monday, August 12th will be given a dividend of 0.0659 per share on Tuesday, September 3rd. This represents a $0.79 dividend on an annualized basis and a yield of 8.60%. The ex-dividend date is Monday, August 12th.
Allspring Multi-Sector Income Fund has increased its dividend by an average of 8.2% per year over the last three years.
Allspring Multi-Sector Income Fund Price Performance
NYSEAMERICAN ERC opened at $9.20 on Friday. Allspring Multi-Sector Income Fund has a 12 month low of $8.51 and a 12 month high of $9.74.
About Allspring Multi-Sector Income Fund
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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