Allspring Multi-Sector Income Fund (ERC) To Go Ex-Dividend on August 13th

Allspring Multi-Sector Income Fund (NYSEAMERICAN:ERC) announced a monthly dividend on Friday, July 31st. Stockholders of record on Thursday, August 13th will be paid a dividend of 0.0727 per share on Tuesday, September 1st. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date is Thursday, August 13th.

Allspring Multi-Sector Income Fund Trading Up 0.7%

Shares of Allspring Multi-Sector Income Fund stock opened at $9.29 on Tuesday. Allspring Multi-Sector Income Fund has a 52-week low of $8.72 and a 52-week high of $9.77. The company’s 50-day simple moving average is $9.09 and its 200-day simple moving average is $9.15.

About Allspring Multi-Sector Income Fund

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.