Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) announced a monthly dividend on Friday, June 28th, NASDAQ reports. Stockholders of record on Thursday, July 11th will be paid a dividend of 0.0659 per share on Thursday, August 1st. This represents a $0.79 annualized dividend and a dividend yield of 8.69%. The ex-dividend date of this dividend is Thursday, July 11th.
Allspring Multi-Sector Income Fund has increased its dividend by an average of 8.2% annually over the last three years.
Allspring Multi-Sector Income Fund Price Performance
Allspring Multi-Sector Income Fund stock opened at $9.10 on Wednesday. Allspring Multi-Sector Income Fund has a 52 week low of $8.51 and a 52 week high of $9.74.
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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