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

$12.28
-0.02 (-0.16 %)
(As of 09/16/2019 02:17 AM ET)
Today's Range
$12.24
Now: $12.28
$12.31
50-Day Range N/A
52-Week Range
$10.27
Now: $12.28
$12.78
Volume65,561 shs
Average Volume107,333 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.

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Asset Management
Sub-IndustryN/A
SectorFinancial Services
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

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 Thursday, May 23rd. Investors of record on Friday, June 14th will be given a dividend of $0.1001 per share on Monday, July 1st. This represents a $1.20 dividend on an annualized basis and a yield of 9.78%. The ex-dividend date of this dividend is Thursday, June 13th. View Wells Fargo Advantage Multi-Sector Income Fund's Dividend History.

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

News stories about ERC stock have trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wells Fargo Advantage Multi-Sector Income Fund earned a news impact score of 0.9 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the stock's share price in the next few days. View News Stories for Wells 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 folowing 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.

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 variety of of retail and institutional investors. Top institutional investors include Invesco Ltd. (0.00%), Royal Bank of Canada (0.00%), Ladenburg Thalmann Financial Services Inc. (0.00%), Morgan Stanley (0.00%), Landscape Capital Management L.L.C. (0.00%) and First Foundation Advisors (0.00%). Company insiders that own Wells Fargo Advantage Multi-Sector Income Fund stock include James Polisson, Ronald W Stewart, Tom Macneill and William R Ebsworth. 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 Landscape Capital Management L.L.C., Morgan Stanley, Invesco Ltd., Bank of America Corp DE, CWM LLC, Royal Bank of Canada and Capital Investment Advisors LLC. View Insider Buying and Selling for Wells Fargo Advantage Multi-Sector Income Fund.

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

ERC stock was purchased by a variety of institutional investors in the last quarter, including Atria Investments LLC, Atria Investments LLC, Ladenburg Thalmann Financial Services Inc., Envestnet Asset Management Inc., Cambridge Investment Research Advisors Inc., First Foundation Advisors, Steward Partners Investment Advisory LLC and Fiera Capital Corp. Company insiders that have bought Wells Fargo Advantage Multi-Sector Income Fund stock in the last two years include James Polisson, Tom Macneill and William R Ebsworth. 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, 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 $12.28.

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/.

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:  1.5 out of 5 (star half star)
Outperform Votes:  53 (Vote Outperform)
Underperform Votes:  121 (Vote Underperform)
Total Votes:  174
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 9/16/2019 by MarketBeat.com Staff

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