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ERC News and Press, Wells Fargo Multi-Sector Income Fund no par value From 09/25/20

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 declares $0.09336 dividend

Wells Fargo Multi-Sector Income Fund (ERC) declares $0.09336/share monthly dividend, -0.5% decrease from prior dividend of $0.0939.Forward yield 10.41%Payable Nov. 2; for shareholders of record Oct. 14; ex-div Oct. 13.See ERC Dividend Scorecard, Yield Chart, & Dividend Growth. For furth...

ERC - World Is Waiting For Stimulus As Global Trade And Growth Will Remain Sluggish In The Coming Months

The weak trend in global trade and growth will not be enough to support risky assets such as equities in the coming months. The recent 10%+ consolidation in equities clearly shows how vulnerable is the market currently 'without' central banks and governments' help. Leading indicat...

ERC - Weekly Closed-End Fund Roundup: August 30, 2020

Author's note : This article was released to CEF/ETF Income Laboratory members on Sep. 1, 2020. Please check latest data before investing. 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...

ERC - Weekly Closed-End Fund Roundup: August 23, 2020

Author's note: This article was released to CEF/ETF Income Laboratory members on August 25, 2020. Please check latest data before investing. 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 i...

ERC - Wells Fargo Asset Management Announces Changes to Closed-End Funds Portfolio Management Teams

Effective Aug. 6, 2020, Senior Portfolio Manager Niklas Nordenfelt and Portfolio Manager Philip Susser are no longer portfolio managers of the Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), the Wells Fargo Utilities a...

ERC - World Markets Update: July 6, 2020

By Jill Mislinski All eight indexes on our world watch list posted losses through July 6, 2020. The top performer is our own S&P 500 with a loss of 1.58%. China's Shanghai is in second with a loss of 2.15% and in third is Tokyo's Nikkei 225 with a loss of 3.98%. Coming in last is Londo...

ERC - World Trade Data Confirms That Global Equities Look Fragile

According to CPB Netherlands Bureau for Economic Policy Analysis, World Exports (Volume) experienced a significant decline in April, down 16.8% YoY, registering their highest contraction since May 2009 (-19%). While EM exports fell by 'only' 6.5%, they experienced a titanic drop of 24.8% in ad...

ERC - Weekly Closed-End Fund Roundup: June 7, 2020

Author's note: This article was released to CEF/ETF Income Laboratory members on June 8, 2020. Please check latest data before investing. 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 t...

ERC - Weekly Closed-End Fund Roundup: May 1, 2020

Author's note : This article was released to CEF/ETF Income Laboratory members on May 5, 2020. 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 recent...

ERC - Financial Services And Consumer Cyclicals Sectors Declared The Most Dividend Increases March 2

Foreword Any collection of stocks is more clearly understood when subjected to yield-based (dog catcher) analysis. These dividend-boosted batches are perfect for the Arnold dog catcher process. Here is your March 2 data from Barron's for 82 dividend paying stocks as supplemented by dog cat...

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