Fund Facts

Select an Evergreen closed-end fund to find profile information such as, inception date, portfolio management, objective and management philosophy.

Multi-Sector Income Fund

Inception Date

June 25, 2003

Portfolio Management

Evergreen Multi-Sector Income Fund is managed by Tony Norris, CIO of Evergreen subadvisor First International Advisors, LLC,^* who makes decisions on the fund’s allocations among high yield, adjustable rate mortgages and international bonds. The fund combines the experience and resources of three proven Evergreen investment management teams. As specialists in their respective fixed income sectors, each team targets opportunities that they feel are the best available.

^* First International Advisors, LLC is registered with the SEC in the United States and authorised and regulated by The Financial Services Authority in the United Kingdom.

Objective

The fund seeks to provide a high level of current income consistent with limiting its overall exposure to domestic interest rate risk.

Management Philosophy

The fund invests in a mix of U.S. high yield debt securities; international corporate and government debt securities (that are primarily investment grade); and adjustable rate securities and may alter that mix in line with the portfolio manager’s outlook.

Funds that invest in high yield, lower-rated bonds may contain more risk due to the increased possibility of default. Foreign investments may contain more risk due to the inherent risks associated with changing political climates, foreign market instability and foreign currency fluctuations. Closed-end funds do not continuously offer shares for sale as open-end mutual funds do. The shares trade on the secondary market after the initial public offering. A closed-end fund is not required to buy its shares back from investors upon request. The share price of a closed-end fund is based on the market's value. Leveraging also involves higher risk.

The closed-end funds (CEFs) listed on this page are no longer offered as initial public offerings. Investors who wish to buy or sell fund shares of a CEF need to place orders through an intermediary, or broker, who will buy or sell fund shares on the stock exchange in a process identical to the purchase or sale of any other listed stock.

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Past performance does not guarantee future results. The performance quoted represents past performance and current performance may be lower or higher. Investment return and principal value of an investment will fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost. Performance at NAV does not include the effect of sales charges. Performance includes the reinvestment of income, dividends and capital gain distributions.

Investments in stocks, bonds and mutual funds:
NOT FDIC INSURED | NOT BANK GUARANTEED | MAY LOSE VALUE

Evergreen Investment Management Company, LLC, is a subsidiary of Wells Fargo & Company and is an affiliate of Wells Fargo & Company’s broker/dealer subsidiaries. Evergreen mutual funds are distributed by Evergreen Investment Services, Inc. Evergreen Investments(SM) is a service mark of Evergreen Investment Management Company, LLC. Copyright 2010, Evergreen Investment Management Company, LLC.

Effective 1/4/2010, Evergreen mutual funds are distributed by Wells Fargo Funds Distributor, LLC, Member FINRA/SIPC, an affiliate of Wells Fargo & Company.

Evergreen mutual funds may be offered only to persons in the United States and by way of a prospectus. This Web site should not be considered a solicitation or offering of any investment products or services to investors residing outside the United States.

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