ERC - Wells Fargo Advantage Multi-Sector Income Fund

NYSE - NYSE Delayed Price. Currency in USD
12.83
-0.02 (-0.16%)
At close: 4:00PM EST
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Previous Close12.85
Open12.86
Bid12.83 x 2900
Ask12.84 x 800
Day's Range12.82 - 12.86
52 Week Range11.64 - 12.99
Volume121,597
Avg. Volume93,441
Market Cap392.259M
Beta (5Y Monthly)N/A
PE Ratio (TTM)9.83
EPS (TTM)1.30
Earnings DateN/A
Forward Dividend & Yield1.19 (9.24%)
Ex-Dividend DateJan 11, 2020
1y Target EstN/A
  • Business Wire

    Wells Fargo Closed-End Funds Declare Monthly Distributions

    The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), and the Wells Fargo Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.

  • Business Wire

    Closed-End Funds Advised by Wells Fargo Funds Management Renew Share Repurchase Programs

    The funds’ Board of Trustees has authorized the repurchase of an aggregate of up to 10% of each fund’s outstanding shares in open-market transactions during the period beginning January 1, 2020, and ending December 31, 2020. The Board has again delegated to Wells Fargo Funds Management, LLC, discretion to determine the amount and timing of repurchases of shares of each fund in accordance with the best interests of the fund and subject to applicable legal limitations. The Board previously authorized the repurchase during the period from January 1, 2019, through December 31, 2019, of an aggregate of up to 10% of the outstanding shares of each fund.

  • Business Wire

    Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions

    Wells Fargo Utilities and High Income Fund Announces Change to Investment Strategy

  • Business Wire

    Wells Fargo Asset Management Announces Consolidation of Subadvisor for the Wells Fargo Multi-Sector Income Fund

    Wells Fargo Asset Management (WFAM) recently announced a consolidation of the subadvisor Wells Fargo Asset Management (International), LLC into Wells Fargo Asset Management (International) Limited. Wells Fargo Asset Management (International), LLC is currently the subadvisor for the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC). The consolidation, which is expected to occur on or about August 1, 2019, is part of a plan to simplify WFAM’s organizational structure by consolidating investment advisors where there are potential synergies.