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. 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. It was formerly known as Evergreen Multi-Sector Income Fund. Wells Fargo Advantage Multi-Sector Income Fund was formed on June 25, 2003 and is domiciled in the United States.
IPO Year: 2003
Exchange: AMEX
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4 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
4 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
CHARLOTTE, N.C., Nov. 14, 2024 /PRNewswire/ -- The following four Allspring closed-end funds announced today that they will renew their open-market share repurchase programs: Allspring Global Dividend Opportunity Fund (NYSE:EOD)Allspring Income Opportunities Fund (NYSE:EAD)Allspring Multi-Sector Income Fund (NYSE:ERC)Allspring Utilities and High Income Fund (NYSE:ERH)The funds' Board of Trustees has authorized the repurchase of an aggregate of up to 5% of each fund's outstanding shares in open-market transactions during the period beginning January 1, 2025 and ending December
Certain Funds Also Announce a Change to the Managed Distribution Plan CHARLOTTE, N.C., Nov. 13, 2024 /PRNewswire/ -- The Allspring closed-end funds have each declared a distribution representing an increase from the prior distribution. For Allspring Multi-Sector Income Fund and Allspring Utilities and High Income Fund, these distributions reflect an approval by the funds' Board of Trustees to increase the rates used by the funds' managed distribution plans. Additionally, the president of Allspring Funds, Andrew Owen, will resign from this position effective December 31, 2024,
CHARLOTTE, N.C., Oct. 29, 2024 /PRNewswire/ -- Effective today, Adam Hicks will be added as a portfolio manager on the Allspring Multi-Sector Income Fund (NYSE:ERC) at Allspring Global Investments (UK) Limited, one of the Fund's sub-advisors. In addition, Michael Lee will be removed as a portfolio manager from the Fund. There will be no changes to the investment philosophy or process as a result of this change. About Adam Hicks Adam Hicks is a portfolio manager for the Global Fixed Income team at Allspring Global Investments. In this role, he is responsible for implementing an
CHARLOTTE, N.C., Oct. 25, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05270 Monthly +$0.00023 ERC Allspring Multi-Sector Income Fund $0.06620 Monthly +$0.00021 ERH Allspring Utilities and High Income Fund $0.06347 Monthly +$0.00089 The following dates apply to today's distribution
CHARLOTTE, N.C., Sept. 27, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PERSHARE FREQUENCY CHANGE FROM PRIORDISTRIBUTION EAD Allspring Income Opportunities Fund $0.05247 Monthly +$0.00016 ERC Allspring Multi-Sector Income Fund $0.06599 Monthly +$0.00011 ERH Allspring Utilities and High Income Fund $0.06258 Monthly +$0.00051 The following dates apply to today's distribution
CHARLOTTE, N.C., Aug. 14, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), the Allspring Utilities and High Income Fund (NYSE:ERH), and the Allspring Global Dividend Opportunity Fund (NYSE:EOD) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05231 Monthly +$0.00010 ERC Allspring Multi-Sector Income Fund $0.06588 Monthly -$0.00001 ERH Allspring Utilities and High Income Fund $0.06207 Month
CHARLOTTE, N.C., July 26, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05221 Monthly +$0.00011 ERC Allspring Multi-Sector Income Fund $0.06589 Monthly +$0.00003 ERH Allspring Utilities and High Income Fund $0.06204 Monthly +$0.00004 The following dates apply to today's di
CHARLOTTE, N.C., June 28, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05210 Monthly +$0.00013 ERC Allspring Multi-Sector Income Fund $0.06586 Monthly +$0.00014 ERH Allspring Utilities and High Income Fund $0.06200 Monthly +$0.00003 The following dates apply to today's di
CHARLOTTE, N.C., May 30, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), the Allspring Utilities and High Income Fund (NYSE:ERH), and the Allspring Global Dividend Opportunity Fund (NYSE:EOD) have each announced a distribution. In addition, Jack Spudich, CFA, portfolio manager for the Allspring Utilities and High Income Fund, has made a personal decision to retire from the firm and the industry in June 2025. Jack will be removed as a portfolio manager on September 30, 2024, and he will then serve as a
CHARLOTTE, N.C., April 26, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PERSHARE FREQUENCY CHANGE FROM PRIORDISTRIBUTION EAD Allspring Income Opportunities Fund $0.05192 Monthly +$0.00018 ERC Allspring Multi-Sector Income Fund $0.06566 Monthly +$0.00024 ERH Allspring Utilities and High Income Fund $0.06246 Monthly -$0.00032 The following dates apply to today's distributio
CHARLOTTE, N.C., Nov. 14, 2024 /PRNewswire/ -- The following four Allspring closed-end funds announced today that they will renew their open-market share repurchase programs: Allspring Global Dividend Opportunity Fund (NYSE:EOD)Allspring Income Opportunities Fund (NYSE:EAD)Allspring Multi-Sector Income Fund (NYSE:ERC)Allspring Utilities and High Income Fund (NYSE:ERH)The funds' Board of Trustees has authorized the repurchase of an aggregate of up to 5% of each fund's outstanding shares in open-market transactions during the period beginning January 1, 2025 and ending December
Certain Funds Also Announce a Change to the Managed Distribution Plan CHARLOTTE, N.C., Nov. 13, 2024 /PRNewswire/ -- The Allspring closed-end funds have each declared a distribution representing an increase from the prior distribution. For Allspring Multi-Sector Income Fund and Allspring Utilities and High Income Fund, these distributions reflect an approval by the funds' Board of Trustees to increase the rates used by the funds' managed distribution plans. Additionally, the president of Allspring Funds, Andrew Owen, will resign from this position effective December 31, 2024,
CHARLOTTE, N.C., Oct. 25, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05270 Monthly +$0.00023 ERC Allspring Multi-Sector Income Fund $0.06620 Monthly +$0.00021 ERH Allspring Utilities and High Income Fund $0.06347 Monthly +$0.00089 The following dates apply to today's distribution
CHARLOTTE, N.C., Sept. 27, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PERSHARE FREQUENCY CHANGE FROM PRIORDISTRIBUTION EAD Allspring Income Opportunities Fund $0.05247 Monthly +$0.00016 ERC Allspring Multi-Sector Income Fund $0.06599 Monthly +$0.00011 ERH Allspring Utilities and High Income Fund $0.06258 Monthly +$0.00051 The following dates apply to today's distribution
CHARLOTTE, N.C., Aug. 14, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), the Allspring Utilities and High Income Fund (NYSE:ERH), and the Allspring Global Dividend Opportunity Fund (NYSE:EOD) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05231 Monthly +$0.00010 ERC Allspring Multi-Sector Income Fund $0.06588 Monthly -$0.00001 ERH Allspring Utilities and High Income Fund $0.06207 Month
CHARLOTTE, N.C., July 26, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05221 Monthly +$0.00011 ERC Allspring Multi-Sector Income Fund $0.06589 Monthly +$0.00003 ERH Allspring Utilities and High Income Fund $0.06204 Monthly +$0.00004 The following dates apply to today's di
CHARLOTTE, N.C., June 28, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05210 Monthly +$0.00013 ERC Allspring Multi-Sector Income Fund $0.06586 Monthly +$0.00014 ERH Allspring Utilities and High Income Fund $0.06200 Monthly +$0.00003 The following dates apply to today's di
CHARLOTTE, N.C., May 30, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), the Allspring Utilities and High Income Fund (NYSE:ERH), and the Allspring Global Dividend Opportunity Fund (NYSE:EOD) have each announced a distribution. In addition, Jack Spudich, CFA, portfolio manager for the Allspring Utilities and High Income Fund, has made a personal decision to retire from the firm and the industry in June 2025. Jack will be removed as a portfolio manager on September 30, 2024, and he will then serve as a
CHARLOTTE, N.C., April 26, 2024 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PERSHARE FREQUENCY CHANGE FROM PRIORDISTRIBUTION EAD Allspring Income Opportunities Fund $0.05192 Monthly +$0.00018 ERC Allspring Multi-Sector Income Fund $0.06566 Monthly +$0.00024 ERH Allspring Utilities and High Income Fund $0.06246 Monthly -$0.00032 The following dates apply to today's distributio
CHARLOTTE, N.C., March 28, 2024 /PRNewswire/ --The Allspring Income Opportunities Fund (NYSE:EAD), the Allspring Multi-Sector Income Fund (NYSE:ERC), and the Allspring Utilities and High Income Fund (NYSE:ERH) have each announced a distribution. TICKER FUND NAME DISTRIBUTION PER SHARE FREQUENCY CHANGE FROM PRIOR DISTRIBUTION EAD Allspring Income Opportunities Fund $0.05174 Monthly +$0.00003 ERC Allspring Multi-Sector Income Fund $0.06542 Monthly +$0.00012 ERH Allspring Utilities and High Income Fund $0.06278 Monthly -$0.00069 The following dates apply to today's di
SC 13G/A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Subject)
SC 13G/A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Subject)
SC 13G/A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Subject)
SC 13G/A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Subject)
SC 13G/A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Subject)
SC 13G - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Subject)
SC 13G/A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Subject)
N-PX - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
N-CSRS - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
NPORT-P - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
8-K - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
DEFA14A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
DEF 14A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
N-CEN - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
N-CSR - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
DEF 14A - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
NPORT-P - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Filer)
3 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
4 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
4 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
4 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
4 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
3 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
3 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
3 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
4 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
3 - ALLSPRING MULTI-SECTOR INCOME FUND (0001227073) (Issuer)
Friday marks the last chance for investors to receive the next dividend payout from Allspring Multi-Sector (AMEX:ERC). What's Happening The company announced on Wednesday that it would pay shareholders a monthly dividend of 6.51 cents per share. On Monday, Allspring Multi-Sector will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 6.51 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own ERC as of the end of Friday's session are eligible to receive the 6.51 c
Friday marks the last chance for investors to receive the next dividend payout from Allspring Multi-Sector (AMEX:ERC). What's Happening The company announced on Thursday that it would pay shareholders a monthly dividend of 6.54 cents per share. On Monday, Allspring Multi-Sector will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 6.54 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own ERC as of the end of Friday's session are eligible to receive the 6.54 ce
Friday marks the last chance for investors to receive the next dividend payout from Allspring Multi-Sector (AMEX:ERC). What's Happening The company announced on Friday that it would pay shareholders a monthly dividend of 9.1 cents per share. On Monday, Allspring Multi-Sector will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 9.1 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own ERC as of the end of Friday's session are eligible to receive the 9.1 cents d
Friday marks the last chance for investors to receive the next dividend payout from Allspring Multi-Sector (AMEX:ERC). What's Happening The company announced on Friday that it would pay shareholders a monthly dividend of $0.0948 per share. On Monday, Allspring Multi-Sector will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open $0.0948 lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own ERC as of the end of Friday's session are eligible to receive the $0.0948 dividen
On Monday, 671 companies achieved new lows for the year. Points of Interest From Today's 52-Week Lows: Alibaba Group Holding (NYSE:BABA) was the largest firm by market cap to set a new 52-week low. The company with the smallest market cap to set a new 52-week low was Reshape Lifesciences (NASDAQ:RSLS). Nektar Therapeutics (NASDAQ:NKTR)'s stock fell the most, as it traded down 56.02% to reach a new 52-week low. Engagesmart (NYSE:ESMT)'s stock rebounded the most, as it traded up 0.0% after dropping to a new 52-week low. Here is a list of stocks that set new 52-week lows on Monday: Alibaba Group Holding (NYSE:BABA) stock broke to a new 52-week low of $77.70 on Monday. Shares o
During Friday's session, 198 companies made new 52-week lows. Key Facts About Today's 52-Week Highs And Lows: Alibaba Group Holding (NYSE:BABA) is the largest company in terms of market cap to set a new 52-week low this morning. The smallest company by market cap to set a new 52-week low was Happiness Development Gro (NASDAQ:HAPP). Orphazyme (NASDAQ:ORPH) saw the most significant move of the companies, as shares traded down 38.88% to reach its new 52-week low. NI Holdings (NASDAQ:NODK) shares were the most resilient of the group, as shares actually moved up 0.0% in response to hitting its 52-week low. On Friday, the following stocks set new 52-week lows: Alibaba Group Holding
Tuesday's session saw 729 companies set new 52-week lows. Areas of Interest About Today's 52-Week Lows: Amazon.com (NASDAQ:AMZN) was the largest firm on a market cap basis to set a new 52-week low. The smallest company by market cap to hit a new 52-week low was Reshape Lifesciences (NASDAQ:RSLS). Alector (NASDAQ:ALEC) was the biggest loser of the morning session, as it dropped 22.29% to reach its new 52-week low. Warner Music Group (NASDAQ:WMG) was the most promising stock of the group, with shares actually trading up 0.0% to bounce back after reaching its new 52-week low. Stocks that set new 52-week lows on Tuesday are as follows: Meta Platforms (NASDAQ:FB) shares fell to
On Wednesday, 348 companies hit new 52-week lows. Significant Points From Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Comcast (NASDAQ:CMCSA). The smallest company by market cap to set a new 52-week low was China SXT Pharmaceuticals (NASDAQ:SXTC). Kodiak Sciences (NASDAQ:KOD)'s stock dropped the most, trading down 79.5% to reach a new 52-week low. Kyndryl Hldgs (NYSE:KD) shares actually gained 0.0%, rebounding after it reached its 52-week low. The following stocks set new 52-week lows on Wednesday: Comcast (NASDAQ:CMCSA) shares moved down 2.92% on Wednesday to hit a new 52-week low of $45.37, drifting down 2.92%. Starbucks (NASDAQ:SB