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ERC News and Press, Wells Fargo Multi-Sector Income Fund no par value From 06/07/21

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

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ERC - Wells Fargo Closed-End Funds Announce Change of Date of Special Meeting of Shareholders

Wells Fargo Asset Management (WFAM) today announced that the Wells Fargo Income Opportunities Fund (NYSE American: EAD), Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), Wells Fargo Utilities and High Income Fund (NYSE American: ERH), and Wells Fargo Global Dividend Opportunit...

ERC - Wells Fargo Multi-Sector Income Fund declares $0.0935 dividend

Wells Fargo Multi-Sector Income Fund (ERC) declares $0.0935/share monthly dividend, 2.3% increase from prior dividend of $0.0914.Forward yield 8.82%Payable July 1; for shareholders of record June 14; ex-div June 11.See ERC Dividend Scorecard, Yield Chart, & Dividend Growth. For further ...

ERC - The Economic Consequences Of Bank Credit Contraction

As well as financing escalating government deficits, central banks face an additional problem of replacing contracting bank credit to the non-financial private sector if a slump is to be avoided. Banks are already reducing their credit allocations to the non-financial private sector. ...

ERC - Supply Delays And Commodity Price Hikes Stoke Inflation Concerns

Near-record supply chain disruption has led to fastest rise in global input prices since August 2008. Higher costs were passed through to clients at sharpest pace for over a decade in March. Shipping delays, elevated transport costs and higher commodity prices likely to feed throu...

ERC - Limited Duration CEF Sector Update

We take a look at the Limited Duration CEF sector which offers one way for income investors to shorten up on their interest rate sensitivity. Investors seeking a higher income level as well as tactical investors on the lookout for cheaper discount valuations should consider BGH. A...

ERC - Global Price Gauge Hits New High As Input Cost Inflation Accelerates Sharply

Global PMI signals fastest rise in firms' input costs since 2008. Charges for goods and services both rise at steepest rates in PMI survey history. US sees sharpest price hikes, led by rising prices for consumer goods. For further details see: Global Price Gauge Hits New...

ERC - Global Growth At Highest Since August 2014 As Service Sector Revives

Global PMI highest since August 2014. Manufacturing reports robust expansion despite supply delays, services boosted by easing of COVID-19 restrictions. Consumer services show signs of steadying after steep downturn. US leads upturn, Brazil lags. For further details see:...

ERC - Cyclical Outlook Key Takeaways: Dealing With An Inflation Head Fake

Global growth looks set to rebound even more strongly in 2021 than we had anticipated in our January Cyclical Outlook. Over the next several months, a combination of base effects, recent increases in energy prices, and price adjustments in sectors where activity ramps up is likely to ...

ERC - Wells Fargo Multi-Sector Income Fund declares $0.09131 dividend

Wells Fargo Multi-Sector Income Fund (ERC) declares $0.09131/share monthly dividend, -0.1% decrease from prior dividend of $0.09131.Forward yield 8.83%Payable May 3; for shareholders of record April 13; ex-div April 12.See ERC Dividend Scorecard, Yield Chart, & Dividend Growth. For furt...

ERC - Are Forecasts Still Underestimating EPS Recovery Potential?

Upgrades to consensus EPS forecasts have continued apace, further cementing expectations for a V-shaped global growth recovery this year and next. FTSE World estimates for this year have been raised significantly over the past three months (from 15% to 28%), bolstered by upgrades for ...

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