The Wells Fargo Advantage Income Opportunities Fund (NYSE MKT:
EAD), the Wells Fargo Advantage Multi-Sector Income Fund (NYSE
MKT: ERC) and the Wells Fargo Advantage Utilities and High Income Fund
(NYSE MKT: ERH) each announced today its dividend declaration.
The Wells Fargo Advantage Income Opportunities Fund is a
closed-end high-yield bond fund. The fund’s investment objective is to
seek a high level of current income. The fund may, as a secondary
objective, seek capital appreciation to the extent it is consistent with
its investment objective.
The Wells Fargo Advantage Income Opportunities Fund declared the
following monthly dividend:
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Declaration date
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Ex-dividend date
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Record date
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Payable date
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Dividend/share
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December 28, 2012
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January 11, 2013
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January 15, 2013
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February 1, 2013
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$0.077/share
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The Wells Fargo Advantage Multi-Sector Income Fund is a
closed-end bond fund. The fund’s primary investment objective is to seek
a high level of current income consistent with limiting its overall
exposure to domestic interest-rate risk.
The Wells Fargo Advantage Multi-Sector Income Fund declared the
following monthly dividend:
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Declaration date
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Ex-dividend date
|
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Record date
|
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Payable date
|
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Dividend/share
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December 28, 2012
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January 11, 2013
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January 15, 2013
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February 1, 2013
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$0.10/share
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The Wells Fargo Advantage Utilities and High Income Fund is a
closed-end equity and high-yield bond fund. The fund’s primary
investment objective is to seek a high level of current income and
moderate capital growth, with an emphasis on providing tax-advantaged
dividend income.
The Wells Fargo Advantage Utilities and High Income Fund declared
the following monthly dividend:
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Declaration date
|
|
Ex-dividend date
|
|
Record date
|
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Payable date
|
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Dividend/share
|
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December 28, 2012
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January 11, 2013
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January 15, 2013
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February 1, 2013
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$0.075/share
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These closed-end funds are no longer offered as an initial public
offering, and shares are only offered through broker/dealers on the
secondary market. Unlike an open-end mutual fund, a closed-end fund
offers a fixed number of shares for sale. After the initial public
offering, shares are bought and sold in the secondary marketplace, and
the market price of the shares is determined by supply and demand, not
by net asset value (NAV), and is often lower than the NAV. A closed-end
fund is not required to buy its shares back from investors upon request.
Wells Fargo Funds Management, LLC, a wholly owned subsidiary of Wells
Fargo & Company, provides investment advisory and administrative
services for Wells Fargo Advantage Funds®. Other
affiliates of Wells Fargo & Company provide subadvisory and other
services for the funds. The open-end funds are distributed by Wells
Fargo Funds Distributor, LLC, Member FINRA/SIPC, an affiliate of
Wells Fargo & Company. For more information on Wells Fargo
Advantage Funds, please visit wellsfargoadvantagefunds.com.
Some of the information contained herein may include forward-looking
statements about the expected investment activities of the funds. These
statements provide no assurance as to the funds’ actual investment
activities or results. The reader must make his/her own assessment of
the information contained herein and consider such other factors as
he/she may deem relevant to his/her individual circumstances.
214007 12-12
NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE
