Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) declared a monthly dividend on Friday, December 27th,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0729 per share on Monday, February 3rd. This represents a $0.88 annualized dividend and a dividend yield of 9.61%. The ex-dividend date is Monday, January 13th.
Allspring Multi-Sector Income Fund has decreased its dividend by an average of 0.8% per year over the last three years.
Allspring Multi-Sector Income Fund Price Performance
Allspring Multi-Sector Income Fund stock opened at $9.11 on Friday. Allspring Multi-Sector Income Fund has a 52 week low of $8.77 and a 52 week 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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