Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) Plans — Dividend of $0.07

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) declared a — dividend on Wednesday, February 26th, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.0727 per share on Tuesday, April 1st. This represents a dividend yield of 8.9%. The ex-dividend date of this dividend is Thursday, March 13th.

Allspring Multi-Sector Income Fund has decreased its dividend payment by an average of 0.2% annually over the last three years.

Allspring Multi-Sector Income Fund Trading Up 0.1 %

Allspring Multi-Sector Income Fund stock traded up $0.01 during trading hours on Wednesday, reaching $9.25. The stock had a trading volume of 65,952 shares, compared to its average volume of 109,674. Allspring Multi-Sector Income Fund has a 52 week low of $8.77 and a 52 week high of $9.58.

Allspring Multi-Sector Income Fund Company Profile

Allspring Multi-Sector Income Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. The fund is co-managed by First International Advisors, Inc and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds.