Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) to Issue $0.07 Dividend

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) announced a dividend on Friday, June 28th, NASDAQ reports. Shareholders of record on Thursday, July 11th will be paid a dividend of 0.0659 per share on Thursday, August 1st. The ex-dividend date of this dividend is Thursday, July 11th.

Allspring Multi-Sector Income Fund has increased its dividend payment by an average of 8.2% annually over the last three years.

Allspring Multi-Sector Income Fund Price Performance

Shares of ERC stock traded up $0.02 during trading hours on Friday, reaching $8.98. 248,984 shares of the company’s stock were exchanged, compared to its average volume of 77,127. Allspring Multi-Sector Income Fund has a 1 year low of $8.51 and a 1 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.