ERC News and Press, Wells Fargo Multi-Sector Income Fund no par value From 02/22/22

Allspring Announces Change to the Allspring Multi-Sector Income Fund Portfolio Management Team PR Newswire CHARLOTTE, N.C. , Feb. 22, 2022 /PRNewswire/ -- Allspring Global Investments announced today that Peter Wilson will retire from the firm. He will b...

Allspring Closed-End Funds Declare Monthly Distributions PR Newswire CHARLOTTE, N.C. , Dec. 17, 2021 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Al...

21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags. Asia equity is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: November 7, 2021

Closed-end funds advised by Allspring Funds Management renew share repurchase programs PR Newswire CHARLOTTE, N.C. , Nov. 12, 2021 /PRNewswire/ -- The following four Wells Fargo closed-end funds announced today that they will renew their open-market share re...

Wells Fargo Multi-Sector Income Fund (NYSE:ERC) declares $0.0964/share monthly dividend, 0.6% increase from prior dividend of $0.0958. Forward yield 8.53% Payable Jan. 3; for shareholders of record Dec. 14; ex-div Dec. 13. See ERC Dividend Scorecard, Yield Chart, & Dividend Growth. For ...

Allspring Global Investments' Closed-End Funds Announce Close of Sale Transaction PR Newswire CHARLOTTE, N.C. , Nov. 1, 2021 /PRNewswire/ -- Allspring Global Investments™ closed-end funds today announced that the previously communicated transaction to sell...

Wells Fargo Multi-Sector Income Fund, as the name implies, spreads its Fixed Income exposure over multiple sectors of the Global Fixed Income market. This article reviews ERC and compares its against to competitors: BlackRock Multi-Sector Income Trust and Virtus Global Multi-Sector In...

2 out of 23 CEF sectors positive on price and 2 out of 23 sectors positive on NAV last week. MLPs lead while convertibles lag. Asia equity is the highest-yielding CEF sector. For further details see: Weekly Closed-End Fund Roundup: October 3, 2021

We review CEF market valuation and performance over the last week of September and highlight recent market events. After a string of positive returns, the CEF space finished September in the red as both NAVs and discounts moved lower with shorter-duration credit sectors outperforming....

Wells Fargo Asset Management (WFAM) today announced that the closed-end funds’ names are expected to change from “Wells Fargo” to “Allspring” on December 6, 2021. This date replaces the previously announced date of October 11, 2021. The Board of Truste...