Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) Shares to Pay Monthly Dividend of $0.05

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Friday, September 25th. Investors of record on Tuesday, October 13th will be paid a dividend of $0.0529 per share by the closed-end fund on Monday, November 2nd. This represents a $0.64 annualized dividend and a yield of 10.5%. The ex-dividend date of this dividend is Tuesday, October 13th. This is a 0.3% decrease from Wells Fargo Advantage Funds – Allspring Income Opportunities Fund’s previous monthly dividend of $0.0531.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Up 0.3%

Shares of EAD opened at $6.04 on Friday. The stock’s 50-day moving average price is $6.32 and its two-hundred day moving average price is $6.45. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 12 month low of $5.99 and a 12 month high of $7.07.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Company Profile

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund is a closed-end investment fund listed on the NYSE American under the symbol EAD. The fund is designed to provide investors with a high level of current income and, secondarily, long-term capital appreciation.

The fund invests primarily in income-producing securities, including corporate debt, high-yield bonds, floating-rate loans and other fixed-income instruments. Its portfolio may include securities issued by companies across a range of industries and credit qualities, with an emphasis on opportunities that offer attractive income potential.

Allspring Income Opportunities Fund is managed by Allspring Funds Management, part of Allspring Global Investments, an asset-management firm that was formerly associated with Wells Fargo Asset Management.