Wells Fargo Multi-Sector Income Fund Company Profile (NYSE:ERC)

About Wells Fargo Multi-Sector Income Fund

Wells Fargo Multi-Sector Income Fund logoWells Fargo Multi-Sector Income (the Fund), formerly Wells Fargo Advantage Multi-Sector Income Fund, is a diversified closed-end management investment company. The Fund seeks a high level of current income consistent with limiting its overall exposure to domestic interest rate risk. It includes asset classes, such as mortgage/corporate bonds, high-yield bonds, and international/emerging markets bonds. Its portfolio of investments include energy equipment and services; chemicals; oil, gas and consumable fuels; pharmaceuticals; airlines; Internet and catalog retail; media; specialty retail; consumer staples; consumer finance; real estate management and development; transport infrastructure; aerospace and defense; healthcare technology; auto components; hotels, restaurants and leisure; food products, and household products. Wells Fargo Funds Management, LLC is the adviser of the Fund. Its sub advisers include First International Advisors, LLC and Wells Capital Management Incorporated.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: ERC
  • CUSIP:
Key Metrics:
  • Previous Close: $13.08
  • 50 Day Moving Average: $12.98
  • 200 Day Moving Average: $12.57
  • 52-Week Range: $10.32 - $13.25
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.00
  • Market Cap: $N/A
Additional Links:

Analyst Ratings

Consensus Ratings for Wells Fargo Multi-Sector Income Fund (NYSE:ERC) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Wells Fargo Multi-Sector Income Fund (NYSE:ERC)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Wells Fargo Multi-Sector Income Fund (NYSE:ERC)
No earnings announcements for this company have been tracked by MarketBeat.com

Estimates

Earnings Estimates for Wells Fargo Multi-Sector Income Fund (NYSE:ERC)
No earnings estimates for this company have been tracked by MarketBeat.com

Dividends

Current Dividend Information for Wells Fargo Multi-Sector Income Fund (NYSE:ERC)
Annual Dividend:$1.11
Dividend Yield:8.49%
Dividend Growth:-1.10% (3 Year Average)
Payout Ratio:

Dividend History for Wells Fargo Multi-Sector Income Fund (NYSE:ERC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/11/2016monthly$0.098.52%9/12/20169/14/201610/3/2016
8/1/2016monthly$0.098.65%8/11/20168/15/20169/1/2016
6/27/2016monthly$0.099%7/11/20167/13/20168/1/2016
5/26/2016monthly$0.098.95%6/13/20166/15/20167/1/2016
5/2/2016monthly$0.109.28%5/12/20165/16/20166/1/2016
3/25/2016monthly$0.109.58%4/11/20164/13/20165/2/2016
6/29/2015monthly$0.109.17%7/13/20157/15/20158/3/2015
5/22/2015monthly$0.108.72%6/11/20156/15/20157/1/2015
4/27/2015monthly$0.108.59%5/11/20155/13/20156/1/2015
3/30/2015monthly$0.108.6%4/13/20154/15/20155/1/2015
2/20/2015monthly$0.108.6%3/12/20153/16/20154/1/2015
2/2/2015monthly$0.108.55%2/11/20152/13/20153/2/2015
12/29/2014monthly$0.108.49%1/12/20151/14/20152/2/2015
11/10/2014monthly$0.108.19%11/19/201411/21/20141/2/2015
11/4/2014monthly$0.108.43%11/13/201411/17/201412/1/2014
9/29/2014monthly$0.108.58%10/14/201410/16/201411/3/2014
8/14/2014monthly$0.108.29%9/11/20149/15/201410/1/2014
7/28/2014monthly$0.108.05%8/11/20148/13/20149/2/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Wells Fargo Multi-Sector Income Fund (NYSE:ERC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
8/12/2016Saba Capital Management, L.P.Major ShareholderBuy72,991$12.99$948,153.09View SEC Filing  
8/9/2016Saba Capital Management, L.P.Major ShareholderBuy70,567$12.90$910,314.30View SEC Filing  
7/13/2016Saba Capital Management, L.P.Major ShareholderBuy22,100$12.78$282,438.00View SEC Filing  
6/10/2016Saba Capital Management, L.P.Major ShareholderBuy3,283$12.65$41,529.95View SEC Filing  
6/3/2016Saba Capital Management, L.P.Major ShareholderBuy18,892$12.46$235,394.32View SEC Filing  
5/27/2016Saba Capital Management, L.P.Major ShareholderBuy10,698$12.38$132,441.24View SEC Filing  
5/9/2016Saba Capital Management, L.P.Major ShareholderBuy10,000$12.35$123,500.00View SEC Filing  
4/22/2016Saba Capital Management, L.P.Major ShareholderBuy154,300$12.33$1,902,519.00View SEC Filing  
4/20/2016Saba Capital Management, L.P.Major ShareholderBuy177,110$12.29$2,176,681.90View SEC Filing  
4/18/2016Saba Capital Management, L.P.Major ShareholderBuy33,450$12.09$404,410.50View SEC Filing  
4/14/2016Saba Capital Management, L.P.Major ShareholderBuy28,749$12.02$345,562.98View SEC Filing  
4/8/2016Saba Capital Management, L.P.Major ShareholderBuy23,700$12.10$286,770.00View SEC Filing  
4/7/2016Saba Capital Management, L.P.Major ShareholderBuy15,850$12.04$190,834.00View SEC Filing  
4/5/2016Saba Capital Management, L.P.Major ShareholderBuy29,351$12.07$354,266.57View SEC Filing  
4/1/2016Saba Capital Management, L.P.Major ShareholderBuy64,037$12.19$780,611.03View SEC Filing  
3/30/2016Saba Capital Management, L.P.Major ShareholderBuy400$12.02$4,808.00View SEC Filing  
3/22/2016Saba Capital Management, L.P.Major ShareholderBuy11,600$12.09$140,244.00View SEC Filing  
3/21/2016Saba Capital Management, L.P.Major ShareholderBuy139,413$11.98$1,670,167.74View SEC Filing  
3/8/2016Saba Capital Management, L.P.Major ShareholderBuy1,200$11.66$13,992.00View SEC Filing  
3/7/2016Saba Capital Management, L.P.Major ShareholderBuy93,457$11.67$1,090,643.19View SEC Filing  
3/3/2016Saba Capital Management, L.P.Major ShareholderBuy25,967$11.50$298,620.50View SEC Filing  
3/1/2016Saba Capital Management, L.P.Major ShareholderBuy136,820$11.41$1,561,116.20View SEC Filing  
2/26/2016Saba Capital Management, L.P.Major ShareholderBuy60,153$11.21$674,315.13View SEC Filing  
2/24/2016Saba Capital Management, L.P.Major ShareholderBuy264,770$11.13$2,946,890.10View SEC Filing  
2/19/2016Saba Capital Management, L.P.Major ShareholderBuy76,713$10.94$839,240.22View SEC Filing  
2/17/2016Saba Capital Management, L.P.Major ShareholderBuy338,580$10.90$3,690,522.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Wells Fargo Multi-Sector Income Fund (NYSE:ERC)
DateHeadline
seekingalpha.com logo2 CEFs For The 7% $100,000 Portfolio: BlackRock Limited Duration Income Trust And Eaton Vance Limited Duration Income Fund (NYSE:ERC)
seekingalpha.com - August 28 at 9:22 AM
seekingalpha.com logoWells Fargo Advantage Multi-Sector Income Fund declares $0.0923 dividend (NYSE:ERC)
seekingalpha.com - June 28 at 9:53 PM
4-traders.com logoWELLS FARGO : Closed-End Funds Declare Monthly and Quarterly Dividends; Wells .. (NYSE:ERC)
www.4-traders.com - May 25 at 11:42 PM
seekingalpha.com logoINSIDERINSIGHTS.COM DAILY ROUND UP 4 : Summit Midstream, RVUE, Wells Fargo Multi.. (NYSE:ERC)
seekingalpha.com - April 22 at 7:11 PM
nasdaq.com logoWells Fargo Multi-Sector Income Fund (ERC) Ex-Dividend Date Scheduled (NYSE:ERC)
www.nasdaq.com - April 8 at 7:24 PM
seekingalpha.com logoWells Fargo Advantage Multi-Sector Income Fund declares $0.0967 dividend (NYSE:ERC)
seekingalpha.com - February 19 at 10:14 AM
finance.yahoo.com logoWells Fargo Closed-End Funds Declare Monthly and Quarterly Dividends; Wells Fargo Global Dividend Opportunity Fund Reduces Dividend (NYSE:ERC)
finance.yahoo.com - February 18 at 6:50 PM
fool.com logoThe 10 Biggest Banks in America (4Q15) (NYSE:ERC)
www.fool.com - January 27 at 11:00 AM
fool.com logo3 Top Stocks for Retirees to Buy (NYSE:ERC)
www.fool.com - January 27 at 8:04 AM
bizjournals.com logoStep aside GE and Amazon, Wells Fargo's John Stumpf takes the prize (NYSE:ERC)
www.bizjournals.com - January 26 at 5:52 PM
News IconMorningstar's 2015 CEO of the Year (NYSE:ERC)
news.morningstar.com - January 26 at 1:00 PM
fool.com logo2 Great Bank Stocks Selling for a Deep Discount (NYSE:ERC)
www.fool.com - January 25 at 12:07 PM
finance.yahoo.com logoHow the Stock Market Reacted to Wells Fargo’s 4Q15 Earnings (NYSE:ERC)
finance.yahoo.com - January 25 at 9:06 AM
finance.yahoo.com logo3 Dividend Stocks To Buy Now And Hold Forever (NYSE:ERC)
finance.yahoo.com - January 23 at 6:09 AM
News IconTime to Buy Big Banks? (NYSE:ERC)
news.morningstar.com - January 22 at 7:00 AM
finance.yahoo.com logoHow Global Weakness Drags down Wells Fargo’s Profitability in 4Q15 (NYSE:ERC)
finance.yahoo.com - January 20 at 9:06 PM
usatoday.com logoWells Fargo ekes out small profit growth (NYSE:ERC)
www.usatoday.com - January 15 at 8:54 AM
thestreet.com logoWells Fargo Beats Estimates as Interest Rates Climb (NYSE:ERC)
www.thestreet.com - January 15 at 8:48 AM
sg.finance.yahoo.com logoWells Fargo beats 4Q profit forecasts (NYSE:ERC)
sg.finance.yahoo.com - January 15 at 8:27 AM
thestreet.com logoObama's America in 2016 -- Heaven, Hell or Purgatory for Investors? (NYSE:ERC)
www.thestreet.com - January 13 at 12:43 PM
thestreet.com logoWells Fargo Tops U.S. Banks in Protection Against China (NYSE:ERC)
realmoney.thestreet.com - January 13 at 10:30 AM
thestreet.com logoJim Cramer Loves Wells Fargo and You Should, Too (NYSE:ERC)
www.thestreet.com - January 13 at 5:57 AM
barrons.com logo[$$] Wells Fargo Looks Cheap As Analysts Boost Ratings (NYSE:ERC)
www.barrons.com - January 12 at 2:37 PM

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Wells Fargo Multi-Sector Income Fund (NYSE:ERC) Chart for Wednesday, September, 28, 2016


Last Updated on 9/28/2016 by MarketBeat.com Staff