Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC – Get Free Report) declared a monthly dividend on Friday, October 30th. Stockholders of record on Thursday, November 12th will be paid a dividend of $0.0723 per share on Tuesday, December 1st. This represents a $0.87 annualized dividend and a dividend yield of 10.0%. The ex-dividend date is Thursday, November 12th. This is a 0.3% decrease from Allspring Multi-Sector Income Fund’s previous monthly dividend of $0.0725.
Allspring Multi-Sector Income Fund Stock Performance
Allspring Multi-Sector Income Fund stock opened at $8.68 on Tuesday. The firm’s fifty day simple moving average is $8.69 and its 200-day simple moving average is $9.05. Allspring Multi-Sector Income Fund has a 1-year low of $8.36 and a 1-year high of $9.58.
About Allspring Multi-Sector Income Fund
Allspring Multi-Sector Income Fund (NYSE American: ERC) is a closed-end investment fund managed by Allspring Global Investments. The fund seeks to provide investors with a high level of current income and, secondarily, long-term capital appreciation by investing across multiple fixed-income sectors.
The fund may invest in a diversified portfolio of corporate bonds, high-yield securities, bank loans, mortgage- and asset-backed securities, government and agency obligations, and other domestic and international debt instruments.
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