Wells Fargo Advantage Multi-Sector Income Fund to Issue Monthly Dividend of $0.10 (ERC)

Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC) declared a monthly dividend on Wednesday, January 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, January 16th will be given a dividend of 0.1035 per share on Friday, February 1st. This represents a $1.24 dividend on an annualized basis and a yield of 10.69%. The ex-dividend date of this dividend is Tuesday, January 15th.

Wells Fargo Advantage Multi-Sector Income Fund has increased its dividend payment by an average of 3.5% per year over the last three years.

ERC opened at $11.62 on Monday. Wells Fargo Advantage Multi-Sector Income Fund has a 1-year low of $10.27 and a 1-year high of $13.29.

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About Wells Fargo Advantage Multi-Sector Income Fund

Wells Fargo Advantage 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.

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Dividend History for Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC)

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