Allspring Multi-Sector Income Fund (ERC) To Go Ex-Dividend on April 11th

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) announced a monthly dividend on Friday, March 28th, NASDAQ Dividends reports. Shareholders of record on Friday, April 11th will be given a dividend of 0.0726 per share on Thursday, May 1st. This represents a $0.87 annualized dividend and a dividend yield of 9.42%. The ex-dividend date is Friday, April 11th.

Allspring Multi-Sector Income Fund has decreased its dividend payment by an average of 0.2% per year over the last three years.

Allspring Multi-Sector Income Fund Price Performance

NYSEAMERICAN:ERC opened at $9.25 on Friday. Allspring Multi-Sector Income Fund has a 1-year low of $8.77 and a 1-year high of $9.58. The firm has a 50 day moving average price of $9.23.

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.