Wells Fargo Advantage Multi-sector Income Fund (NYSEMKT:ERC) Sentiment Crashed to 0.62, Despite

Wells Fargo Advantage Multi-sector Income Fund’s Sentiment

In 2018 Q2 Wells Fargo Advantage Multi-sector Income Fund (NYSEMKT:ERC) big money sentiment decreased to 0.62, SEC.gov filings reveal. So its down -0.15, from 2018Q1’s 0.77. 13 hedge funds started new and increased equity positions, while 21 sold and decreased their stakes in Wells Fargo Advantage Multi-sector Income Fund so the sentiment has worsened. These funds own 6.50 million shares, that’s down from 7.33 million shares in 2018Q1. Funds holding Wells Fargo Advantage Multi-sector Income Fund in top 10 was flat from 0 to 0 for the same number . In total 4 funds closed positions, 17 reduced and 9 increased. Also 4 funds bought new Wells Fargo Advantage Multi-sector Income Fund stakes.

Most Wells Fargo Advantage Multi-sector Income Fund Investors

As of 2018 Q2 Selway Asset Management has 0.62% invested in Wells Fargo Advantage Multi-sector Income Fund. As of 2018 Q2, 1.05 million shares of Wells Fargo Advantage Multi-sector Income Fund are owned by Sit Investment Associates Inc. Furthermore, Clough Capital Partners L P reported 173,363 shares in Wells Fargo Advantage Multi-sector Income Fund equivalent to 0.19% of its fund’s portfolio. First Foundation Advisors revealed 211,693 shares position in Wells Fargo Advantage Multi-sector Income Fund. The Virginia-based fund Shaker Financial Services Llc looks positive on Wells Fargo Advantage Multi-sector Income Fund, having 15,500 shares.

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 firm is worth $379.15 million. The fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated.The P/E ratio is 15.36. It invests in fixed income markets across the globe.

ERC is reaching $11.55 during the last trading session, after decreased 0.52%.Currently Wells Fargo Advantage Multi-Sector Income Fund is downtrending after 6.69% change in last December 8, 2017. ERC has also 99,118 shares volume. ERC underperformed by 22.31% the S&P 500.

Invesco Limited accumulated 992,266 shs. 11,189 were reported by City Of London Inv Mngmt. Citigroup invested in 2,385 shs or 0% of the stock. Wells Fargo And Mn owns 2,101 shs. Shaker Ser Limited Liability Corporation reported 0.1% in Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC). Clough Capital Ptnrs Limited Partnership accumulated 173,363 shs or 0.19% of the stock. Moreover, Nine Masts has 0.05% invested in Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC) for 20,200 shs. Moreover, Advsr Asset Mgmt has 0% invested in Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC) for 8,582 shs. Raymond James Fincl Advisors Incorporated holds 0.01% or 85,273 shs. Millennium Mgmt Ltd Liability Corp owns 33,793 shs or 0% of their US capital. Sandy Spring Financial Bank reported 0% stake. 1.05 million were accumulated by Sit Inv Associate. Cohen Steers owns 284,969 shs or 0.01% of their US capital. 171,000 were accumulated by Blackrock Inc. Guggenheim Ltd Liability Company has 0.02% invested in Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC) for 246,649 shs.

Wells Fargo Advantage Multi-Sector Income Fund had 0 insider sales and 1 buy since November 12, 2018. This’s net activity of $5,895.

For more Wells Fargo Advantage Multi-Sector Income Fund (NYSEAMERICAN:ERC) news announced briefly go to: Businesswire.com, Businesswire.com, Stockhouse.com, Prnewswire.com or Businesswire.com. The titles are as follows: “Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions – Business Wire” announced on November 09, 2018, “Wells Fargo Multi-Sector Income Fund Announces Change to Portfolio Management Team – Business Wire” on August 30, 2018, “DMG Announces Free Access to Walletscore, Leading Crypto Transaction Risk Scoring Tool, Through November 15th – Stockhouse” with a publish date: October 30, 2018, “Pareteum and AirFox Expand Blockchain Technology Partnership – PR Newswire” and the last “Wells Fargo Asset Management Announces Changes to Multi-Sector Income Fund Portfolio Management Team – Business Wire” with publication date: October 03, 2018.

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