Wells Fargo Advantage Multi-Sector Income Fund (ERC) Declares $0.10 Monthly Dividend

Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC) announced a monthly dividend on Thursday, April 11th, Wall Street Journal reports. Investors of record on Friday, April 12th will be given a dividend of 0.1011 per share on Wednesday, May 1st. This represents a $1.21 annualized dividend and a dividend yield of 9.84%. The ex-dividend date is Thursday, April 11th.

Wells Fargo Advantage Multi-Sector Income Fund has increased its dividend by an average of 3.5% per year over the last three years.

ERC stock traded down $0.04 during midday trading on Thursday, reaching $12.33. 7,925 shares of the company’s stock traded hands, compared to its average volume of 120,562. Wells Fargo Advantage Multi-Sector Income Fund has a fifty-two week low of $10.27 and a fifty-two week high of $13.20.

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Wells Fargo Advantage Multi-Sector Income Fund Company Profile

Wells Fargo Advantage 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.

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Dividend History for Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC)

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