ERC - Wells Fargo Advantage Multi-Sector Income Fund

NYSE - Nasdaq Real Time Price. Currency in USD
12.32
+0.03 (+0.28%)
As of 10:34AM EDT. Market open.
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Previous Close12.29
Open12.33
Bid12.32 x 800
Ask12.33 x 800
Day's Range12.32 - 12.33
52 Week Range10.27 - 12.78
Volume11,169
Avg. Volume95,578
Market Cap378.575M
Beta (3Y Monthly)-0.07
PE Ratio (TTM)23.66
EPS (TTM)0.52
Earnings DateN/A
Forward Dividend & Yield1.19 (9.69%)
Ex-Dividend Date2019-09-12
1y Target EstN/A
Trade prices are not sourced from all markets
  • Business Wire

    Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions

    The Wells Fargo Income Opportunities Fund , the Wells Fargo Multi-Sector Income Fund , the Wells Fargo Utilities and High Income Fund , and the Wells Fargo Global Dividend Opportunity Fund have each announced a distribution.

  • 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

    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.

  • Business Wire

    Four 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, 2019, and ending December 31, 2019. 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, 2018, through December 31, 2018, of an aggregate of up to 10% of the outstanding shares of each fund.

  • Business Wire

    Wells Fargo Asset Management Announces Changes to Multi-Sector Income Fund Portfolio Management Team

    Effective September 12, 2018, Senior Portfolio Manager Christopher Wightman has left Wells Fargo Asset Management (WFAM) and is no longer a portfolio manager of the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC). In addition, effective October 3, 2018, Lauren van Biljon, CFA, will be added as a portfolio manager of the Wells Fargo Multi-Sector Income Fund.