Allspring Multi-Sector Income Fund Announces Dividend of $0.07 (NYSEAMERICAN:ERC)

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) announced a dividend on Friday, April 26th, NASDAQ reports. Stockholders of record on Monday, May 13th will be paid a dividend of 0.0657 per share on Monday, June 3rd. The ex-dividend date is Friday, May 10th.

Allspring Multi-Sector Income Fund has increased its dividend by an average of 8.2% annually over the last three years and has increased its dividend every year for the last 1 years.

Allspring Multi-Sector Income Fund Price Performance

NYSEAMERICAN:ERC traded up $0.04 during trading hours on Friday, hitting $8.90. 83,835 shares of the company’s stock traded hands, compared to its average volume of 69,730. Allspring Multi-Sector Income Fund has a twelve month low of $8.51 and a twelve month 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.