Wells Fargo Multi-Sector Income Fund no par value

Symbol: ERC     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price

Dividend Data

Dividend Yield:9.79%
Dividend per Share:$ 1.2442
Next Ex-Div Date:2019-06-13
Next Div Payout:$ 0.1037
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate+3.27 %+1.31%
Ø 5yr Growth Rate+1.96 %-

Stock Data

Type:Common Stock
Exchange:NYSE American
Current Price (*):$ 12.71
Week 52 high:$ 12.81
Week 52 low:$ 10.27
Marketcap$ 388,425,951
Return on Equity42.95 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: Under normal market conditions, the Fund invests approximately 50% of its total assets in below investment grade (high yield) U.S. debt securities, loans and preferred stocks. It invests approximately 25% of its total assets in foreign debt securities including obligations of foreign governments or governmental entities, foreign corporations or supranational agencies denominated in various currencies. Approximately 25% of its total assets is invested in securities that have interest rates that re-set at periodic intervals including mortgage-backed securities, asset-backed securities and collateralized mortgage obligations issued or guaranteed by the U.S. government. Effective 14-May-07 a new investment policy that will allow a more flexible approach to the sectors allocation will be adopted. The new policy will not fix the sectors percentages and will allow an allocation range between 20-60% for each sector.

Tags:  Asset Management    Financial Services    

Website: http://www.evergreeninvestments.com