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    More On ERC


    Wells Fargo Advantage Multi-Sector Income Fund (ERC)

    -NYSE MKT
    13.26 Down 0.01(0.08%) 10:12AM EDT - Nasdaq Real Time Price
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    Income StatementGet Income Statement for:
    View: Annual Data | Quarterly DataAll numbers in thousands
    Period EndingOct 31, 2011Oct 31, 2008Oct 31, 2007
    Total Revenue 53,838   84,723   96,873  
    Cost of Revenue -  7,122  7,162  
    Gross Profit 53,838   77,601   89,710  
    Operating Expenses
    Research Development -   -   -  
    Selling General and Administrative7,261  2,964  1,690  
    Non Recurring122   -   -  
    Others -   -   -  
    Total Operating Expenses -   -   -  
    Operating Income or Loss 46,578   74,637   88,020  
    Income from Continuing Operations
    Total Other Income/Expenses Net(16,328)(224,986)(3,480)
    Earnings Before Interest And Taxes30,865  74,637  72,719  
    Interest Expense616  3,990  144  
    Income Before Tax30,249  70,646  72,575  
    Income Tax Expense -   -   -  
    Minority Interest -   -   -  
    Net Income From Continuing Ops30,249  (154,340)84,397  
    Non-recurring Events
    Discontinued Operations -   -   -  
    Extraordinary Items -   -   -  
    Effect Of Accounting Changes -   -   -  
    Other Items -   -   -  
    Net Income 30,249   (154,340) 84,397  
    Preferred Stock And Other Adjustments -  (12,409)(21,437)
    Net Income Applicable To Common Shares 30,249   (166,749) 62,959  

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    Currency in USD.