Allspring Multi-Sector Income Fund (ERC) to Distribute Monthly Dividend of $0.07 on February 2nd

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERCGet Free Report) declared a monthly dividend on Friday, December 26th. Stockholders of record on Monday, January 12th will be paid a dividend of 0.0723 per share on Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. The ex-dividend date is Monday, January 12th. This is a 0.1% increase from Allspring Multi-Sector Income Fund’s previous monthly dividend of $0.07.

Allspring Multi-Sector Income Fund Price Performance

NYSEAMERICAN ERC opened at $9.40 on Friday. Allspring Multi-Sector Income Fund has a 52-week low of $8.44 and a 52-week high of $9.77. The firm has a 50-day moving average price of $9.38 and a 200 day moving average price of $9.44.

Institutional Trading of Allspring Multi-Sector Income Fund

A number of institutional investors have recently modified their holdings of ERC. Allworth Financial LP acquired a new position in Allspring Multi-Sector Income Fund during the second quarter worth $105,000. Virtu Financial LLC purchased a new stake in shares of Allspring Multi-Sector Income Fund during the 3rd quarter worth $117,000. Perigon Wealth Management LLC acquired a new position in shares of Allspring Multi-Sector Income Fund during the 3rd quarter worth $118,000. Integris Wealth Management LLC purchased a new position in shares of Allspring Multi-Sector Income Fund in the 3rd quarter valued at about $120,000. Finally, World Investment Advisors purchased a new position in shares of Allspring Multi-Sector Income Fund in the 3rd quarter valued at about $134,000.

About Allspring Multi-Sector Income Fund

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Allspring Multi-Sector Income Fund (NYSE American: ERC) is a closed-end management investment company that seeks to provide high current income and total return by investing in a diversified portfolio of fixed-income securities. The fund trades on the NYSE American exchange and employs an active, research-driven approach to credit selection across multiple sectors of the debt market.

The fund’s investment strategy spans a broad array of fixed-income instruments, including corporate bonds, bank loans, securitized products such as mortgage- and asset-backed securities, and sovereign debt.

Further Reading

Dividend History for Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC)

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