NYSEAMERICAN:ERC - Wells Fargo Advantage Multi-Sector Income Fund Stock Price, News, & Analysis

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$11.78 -0.21 (-1.75 %)
(As of 10/21/2018 02:43 AM ET)
Previous Close$11.78
Today's Range$11.75 - $12.0198
52-Week Range$11.71 - $13.32
Volume198,816 shs
Average Volume149,369 shs
Market Capitalization$460.87 million
P/E RatioN/A
Dividend Yield9.77%
Beta0.54
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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Industry, Sector and Symbol

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

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares42,060,000
Market Cap$460.87 million

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

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."

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 declared a monthly dividend on Monday, October 1st. Shareholders of record on Monday, October 15th will be given a dividend of $0.1056 per share on Thursday, November 1st. This represents a $1.27 dividend on an annualized basis and a yield of 10.75%. The ex-dividend date of this dividend is Friday, October 12th. View Wells Fargo Advantage Multi-Sector Income Fund's Dividend History.

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

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

Wells Fargo Advantage Multi-Sector Income Fund's management team includes the folowing people:
  • Ms. Debra Ann Early CPA, Sr. VP and Head of Risk and Compliance (Age 54)
  • Mr. Clark David Messman J.D., Sr. VP, Sec., Chief Legal Officer, and Director (Age 58)
  • Mr. Jeremy DePalma, Treasurer (Age 44)
  • Mr. Michael Howard Koonce, Sr. VP of Evergreen Investment Svcs Inc and Gen. Counsel of Evergreen Investment Svcs Inc (Age 58)
  • Brian Montana, Assistant Sec.

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

Wells Fargo Advantage Multi-Sector Income Fund's stock is owned by a number of of institutional and retail investors. Top institutional investors include Nwam LLC (0.68%). Company insiders that own Wells Fargo Advantage Multi-Sector Income Fund stock include James Polisson, Ronald W Stewart, Saba Capital Management, LP and Tom Macneill. View Institutional Ownership Trends for Wells Fargo Advantage Multi-Sector Income Fund.

Which major 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 Nwam LLC. View Insider Buying and Selling 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, Scottrade, 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 $11.78.

How big of a company is Wells Fargo Advantage Multi-Sector Income Fund?

Wells Fargo Advantage Multi-Sector Income Fund has a market capitalization of $460.87 million.

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

The official website for Wells Fargo Advantage Multi-Sector Income Fund is http://www.wellsfargoadvantagefunds.com/wfweb/wf/funds/cef/0ERC.jsp.

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.


MarketBeat Community Rating for Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN ERC)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  42 (Vote Outperform)
Underperform Votes:  63 (Vote Underperform)
Total Votes:  105
MarketBeat's community ratings are surveys of what our community members think about Wells Fargo Advantage Multi-Sector Income Fund and other stocks. Vote "Outperform" if you believe ERC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ERC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/21/2018 by MarketBeat.com Staff

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