Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) declared a — dividend on Wednesday, February 26th, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be given a dividend of 0.0727 per share on Tuesday, April 1st. This represents a yield of 8.9%. The ex-dividend date is Thursday, March 13th.
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 Stock Up 0.1 %
Shares of ERC stock traded up $0.01 during midday trading on Wednesday, hitting $9.25. 65,952 shares of the company were exchanged, compared to its average volume of 109,674. Allspring Multi-Sector Income Fund has a 52 week low of $8.77 and a 52 week high of $9.58.
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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