Two Directors at Allspring Multi-Sector Income Fund bought 2,700 shares at between 8.819USD and 8.836USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's d...
SAN FRANCISCO--(BUSINESS WIRE)-- The Wells Fargo Multi-Sector Income Fund (NYSE MKT:ERC), a diversified, closed-end management investment company organized as a Delaware statutory trust (the fund), announced today the final results of its tender offer for up to 15% (or 6,165,826) of its outstanding common shares of beneficial interest, par value $0.01 per share. The offer expired at 5 p.m. Eastern Time on Thursday, May 11, 2017. Based on a count by Computershare Trust Company, N.A., the depositary for the tender offer, 18,987...
SAN FRANCISCO--(BUSINESS WIRE)-- The Wells Fargo Multi-Sector Income Fund (NYSE MKT: ERC), a closed-end fund, announced today that the fund commenced a cash tender offer for up to 15% of the fund’s outstanding common shares of beneficial interest at a price per share equal to 98% of the fund’s net asset value (NAV) per share. As previously announced, the fund will repurchase shares tendered and accepted in the tender offer in exchange for cash. The tender offer will expire on May 11, 2017, at 5 p.m. Eastern Time or on such later date ...
SAN FRANCISCO--(BUSINESS WIRE)-- The Wells Fargo Multi-Sector Income Fund (NYSE MKT:ERC), a closed-end fund, announced today that the fund’s Board of Trustees has approved the commencement prior to or during the week of May 1, 2017, of a cash tender offer for up to 15% of the fund’s outstanding common shares of beneficial interest at a price per share equal to 98% of the fund’s net asset value (NAV) per share. The fund will repurchase shares tendered and accepted in the tender offer in exchange for cash. The fund’s Board of T...
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