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July 30, 2015 7:33 PM ET

Capital Markets

Company Overview of Wells Fargo Advantage Multi-Sector Income Fund

Company Overview

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 fund is co-managed by First International Advisors, Inc. and Wells Capital Management Incorporated. It invests in fixed income markets across the globe. The fund primarily invests in a mix of non-investment-grade corporate debt securities, including bank loan securities, foreign and emerging markets debt securities, adjustable and fixed-rate mortgages, and investment-grade corporate bonds. It was formerly known as Evergreen Multi-Sector Income Fund. Wells Fargo Advantage Multi-Sector Income Fund was formed on June 25, 2003 and is domiciled i...

525 Market Street

10th Floor

San Francisco, CA 94105

United States

Founded in 2003

Phone:

415-396-8000

Fax:

415-975-7621

Key Executives for Wells Fargo Advantage Multi-Sector Income Fund

President
Age: 56
Treasurer
Age: 41
Secretary
Age: 55
Assistant Secretary
Senior Vice President of Evergreen Investment Services Inc and General Counsel of Evergreen Investment Services Inc
Age: 55
Compensation as of Fiscal Year 2015.

Wells Fargo Advantage Multi-Sector Income Fund Key Developments

Wells Fargo Advantage Multi-Sector Income Fund Declares Monthly Dividend, Payable on August 3, 2015

Wells Fargo Advantage Multi-Sector Income Fund declared monthly dividend of $0.0967 per share, payable on August 3, 2015 with record date as on July 15, 2015 and ex-dividend date as on July 13, 2015.

Wells Fargo Advantage Multi-Sector Income Fund Announces Executive Changes

Effective June 19, 2015, Senior Portfolio Manager Ashok Bhatia, CFA, will be added to the Wells Fargo Advantage Multi-Sector Income Fund. Mr. Bhatia, one of 10 managers of the fund, replaces Senior Portfolio Manager Michael Bray, who is on medical leave from Wells Capital Management Inc. a sub advisor to the Wells Fargo Advantage Funds. Mr. Bhatia is part of a broader team at WellsCap that focuses on managing the fund’s mortgage/corporate sleeve. Mr. Bhatia is co-lead of WellsCap’s Customized Fixed-Income team and senior portfolio manager. Mr. Bhatia spent the past 10 years as a lead global macro portfolio manager with two large multi strategy hedge funds, most recently at Balyasny Asset Management L.P. and, prior to that, Stark Investments. He joined WellsCap and is based in Menomonee Falls, Wisconsin.

Wells Fargo Advantage Multi-Sector Income Fund Declares Monthly Dividend, Payable on July 1, 2015

Wells Fargo Advantage Multi-Sector Income Fund declared monthly dividend of $0.0967 per share, payable on July 1, 2015 with record date as on June 15, 2015 and ex-dividend date as on June 11, 2015.

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