Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) declared a monthly dividend on Friday, April 26th, NASDAQ reports. Stockholders of record on Monday, May 13th will be given a dividend of 0.0657 per share on Monday, June 3rd. This represents a $0.79 dividend on an annualized basis and a dividend yield of 8.59%. The ex-dividend date is Friday, May 10th.
Allspring Multi-Sector Income Fund has increased its dividend payment by an average of 8.2% per year over the last three years and has raised its dividend every year for the last 1 years.
Allspring Multi-Sector Income Fund Price Performance
ERC opened at $9.17 on Wednesday. Allspring Multi-Sector Income Fund has a one year low of $8.51 and a one year high of $9.74.
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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