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NYSEAMERICAN:ERCWells Fargo Advantage Multi-Sector Income Fund Stock Price, Forecast & News

$11.07
+0.01 (+0.09 %)
(As of 06/5/2020 04:00 PM ET)
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Today's Range
$11.01
Now: $11.07
$11.09
50-Day Range N/A
52-Week Range
$6.94
Now: $11.07
$13.35
Volume102,992 shs
Average Volume177,312 shs
Market CapitalizationN/A
P/E RatioN/A
Dividend Yield0.11%
BetaN/A
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 1.6Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

0.65 out of 5 stars


Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Asset Management
Sub-IndustryN/A
Current SymbolNYSEAMERICAN:ERC
CUSIPN/A
CIKN/A
Phone+1-800-2228222

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

EmployeesN/A
Next Earnings DateN/A
OptionableNot Optionable

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Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC) Frequently Asked Questions

How often does Wells Fargo Advantage Multi-Sector Income Fund pay dividends? What is the dividend yield for Wells Fargo Advantage Multi-Sector Income Fund?

Wells Fargo Advantage Multi-Sector Income Fund announced a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of $0.0966 per share on Wednesday, July 1st. This represents a $1.16 annualized dividend and a yield of 10.48%. The ex-dividend date of this dividend is Friday, June 12th. View Wells Fargo Advantage Multi-Sector Income Fund's dividend history.

Has Wells Fargo Advantage Multi-Sector Income Fund been receiving favorable news coverage?

Media stories about ERC stock have trended neutral on Saturday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Wells Fargo Advantage Multi-Sector Income Fund earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View the latest news aboutWells Fargo Advantage Multi-Sector Income Fund.

Who are some of Wells Fargo Advantage Multi-Sector Income Fund's key competitors?

What other stocks do shareholders of Wells Fargo Advantage Multi-Sector Income Fund own?

Who are Wells Fargo Advantage Multi-Sector Income Fund's key executives?

Wells Fargo Advantage Multi-Sector Income Fund's management team includes the following people:
  • Ms. Debra Ann Early CPA, Sr. VP and Head of Risk & Compliance (Age 55)
  • Mr. Clark David Messman J.D., Sr. VP, Sec., Chief Legal Officer, and Director (Age 59)
  • Mr. Jeremy DePalma, Treasurer (Age 45)
  • Mr. Michael Howard Koonce, Sr. VP of Evergreen Investment Svcs Inc and Gen. Counsel of Evergreen Investment Svcs Inc (Age 59)
  • Ms. Lauren Frances Van Biljon, Portfolio Mang.

What is Wells Fargo Advantage Multi-Sector Income Fund's stock symbol?

Wells Fargo Advantage Multi-Sector Income Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "ERC."

Who are Wells Fargo Advantage Multi-Sector Income Fund's major shareholders?

Wells Fargo Advantage Multi-Sector Income Fund's stock is owned by many different retail and institutional investors. Top institutional shareholders include Advisor Group Holdings Inc. (0.00%), Invesco Ltd. (0.00%), Saba Capital Management L.P. (0.00%), Raymond James & Associates (0.00%), Shaker Financial Services LLC (0.00%) and Cohen & Steers Inc. (0.00%). View institutional ownership trends for Wells Fargo Advantage Multi-Sector Income Fund.

Which institutional investors are selling Wells Fargo Advantage Multi-Sector Income Fund stock?

ERC stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, Morgan Stanley, Mid Atlantic Financial Management Inc. ADV, Invesco Ltd., Legacy Wealth Planning LLC, Benjamin F. Edwards & Company Inc., Commonwealth Equity Services LLC, and First Foundation Advisors. View insider buying and selling activity for Wells Fargo Advantage Multi-Sector Income Fund.

Which institutional investors are buying Wells Fargo Advantage Multi-Sector Income Fund stock?

ERC stock was bought by a variety of institutional investors in the last quarter, including Advisor Group Holdings Inc., Saba Capital Management L.P., Shaker Financial Services LLC, Parametric Portfolio Associates LLC, Jane Street Group LLC, Wolverine Asset Management LLC, Raymond James Financial Services Advisors Inc., and RMB Capital Management LLC. View insider buying and selling activity for Wells Fargo Advantage Multi-Sector Income Fund.

How do I buy shares of Wells Fargo Advantage Multi-Sector Income Fund?

Shares of ERC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Wells Fargo Advantage Multi-Sector Income Fund's stock price today?

One share of ERC stock can currently be purchased for approximately $11.07.

What is Wells Fargo Advantage Multi-Sector Income Fund's official website?

The official website for Wells Fargo Advantage Multi-Sector Income Fund is www.wellsfargoadvantagefunds.com.

How can I contact Wells Fargo Advantage Multi-Sector Income Fund?

Wells Fargo Advantage Multi-Sector Income Fund's mailing address is 525 Market St, SAN FRANCISCO, CA 94105-2708, United States. The company can be reached via phone at +1-800-2228222.

This page was last updated on 6/6/2020 by MarketBeat.com Staff

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