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ERC News and Press, Wells Fargo Multi-Sector Income Fund no par value From 07/28/19

Stock Information

Company Name: Wells Fargo Multi-Sector Income Fund no par value
Stock Symbol: ERC
Market: NYSE

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ERC - Wells Fargo Multi Sector Income Fund: Participated In The Rally, Still Not A Fan

A number of years ago I started covering closed end funds which were managed with one of my favorite investment mandates, "multi-asset" funds. The reason for why is simple. For retail investors, quite often we will have the time to dedicate to due diligence and then life gets in the way. Unf...

ERC - European junk yields head below zero

We now have another story that could alternatively be titled, "Why Treasury Bond Bears Keep Getting It Wrong." More news on: iShares Core U.S. Aggregate Bond ETF, PIMCO Dynamic Credit Income Fund, PIMCO Dynamic Income Fund, Global news and forex, News on the U.S. economy, News on ETFs R...

ERC - Income Factory Continues To Churn Out Cash At 11.5%; Total Return 21.6% For 6 Months

Our Income Factory™ continues to do what it is supposed to, churn out cash at an "equity return" rate (plus/minus 10%) or higher, that we can re-invest to create our own long-term growth, regardless of how the market chooses to value our "factory" (i.e. our portfolio) from time to time....

ERC - Wells Fargo Multi-Sector Income Fund declares monthly distributions of $0.09967

Wells Fargo Multi-Sector Income Fund (NYSEMKT: ERC ) declares monthly distributions of $0.09967. More news on: Wells Fargo Multi-Sector Income Fund, Dividend News, , Read more ...

ERC - Weekly Closed-End Fund Roundup: Upcoming LOR Tender

This article was first released to CEF/ETF Income Laboratory subscribers 2 weeks ago, so data may be out of date. Please check latest data before making investment decisions. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price moveme...

ERC - Weekly Closed-End Fund Roundup: NHF Completes Rights Offering, Nuveen Muni Mergers

This article was first released to CEF/ETF Income Laboratory subscribers two weeks ago, so data may be out of date. Please check latest data before making investment decisions. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price...

ERC - 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 Fa...

ERC - Income Factory Comes Roaring Back In 1st Quarter (Widows And Orphans Are Happy, Too)

Our Savvy Senior Income Factory started off strong in 2019, recovering all the ground lost in 2018 (in terms of total return, which was minus 9.8% last year) and then some, as it continued to produce its "river of cash" at an 11.5% weighted average distribution rate. Meanwhile most of its...

ERC - Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions

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

ERC - Weekly Closed-End Fund Roundup: CEFs Steam Ahead, Sell NDP

This article was first released to subscribers 2 weeks ago. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight recently concluded or upcoming corporate...

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