Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) declared a monthly dividend on Friday, September 27th, NASDAQ reports. Shareholders of record on Tuesday, October 15th will be given a dividend of 0.066 per share on Friday, November 1st. This represents a $0.79 annualized dividend and a yield of 8.41%. The ex-dividend date of this dividend is Tuesday, October 15th.
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
Shares of ERC opened at $9.42 on Monday. Allspring Multi-Sector Income Fund has a fifty-two week low of $8.51 and a fifty-two week high of $9.60.
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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