Wells Fargo Utilities and High Income Fund Announces Sources of Distribution
The quoted distribution rate is a figure that uses the funds previous distribution to calculate an annualized figure.
- The quoted distribution rate is a figure that uses the funds previous distribution to calculate an annualized figure.
- The distribution rate is calculated by annualizing the last distribution and then dividing by the period-ending NAV or market price.
- The Wells Fargo Utilities and High Income Fund is a closed-end equity and high-yield bond fund.
- Wells Fargo Asset Management (WFAM) is the trade name for certain investment advisory/management firms owned by Wells Fargo & Company.