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

Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC) declared a monthly dividend on Tuesday, June 30th, Wall Street Journal reports. Investors of record on Tuesday, July 14th will be paid a dividend of 0.0955 per share on Monday, August 3rd. This represents a $1.15 annualized dividend and a yield of 10.55%. The ex-dividend date is Monday, July 13th.

Shares of ERC traded down $0.04 during midday trading on Tuesday, hitting $10.86. 107,900 shares of the stock were exchanged, compared to its average volume of 167,473. Wells Fargo Advantage Multi-Sector Income Fund has a 52-week low of $6.94 and a 52-week high of $13.35.

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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