Wells Fargo Multi-Sector Income Fund (ERC) Dividend History

$9.05 $-0.05

Dividend Score
Dividend Yield
8.88%
Annual Payment
$0.81
Payout Ratio
-52.83%
Dividend Increases
0 yrs

Price Chart

Key Metrics

Sector Financial Services
Industry Asset Management
Avg daily volume 40,876
Market cap 255,275,000
Beta 0.7
Trailing 12 Month EPS 0.15
Next Earnings Date
Ex-dividend date 2023-09-11
P/E ratio 0

Company Description

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. Allspring Multi-Sector Income Fund was formed on June 25, 2003 and is domiciled in the United States.

Peers

Dividend Payments

Forward Yield
8.88%
Forward Payment
$0.81
Trailing Yield
8.92%
Trailing Payment
$0.86
Last Increase
Oct 02,23 36.33%
Last Cut
Nov 01,23 -0.25%
5 Year Average Yield
11.01%
% Above Current Yield
19.31%
5 Year Div Growth Rate
-5.37%
Payment Frequency
Monthly

Historical Dividend Payments