Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (EAD) to Distribute Monthly Dividend of $0.05 on December 1st

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Friday, October 30th. Shareholders of record on Thursday, November 12th will be given a dividend of $0.0527 per share by the closed-end fund on Tuesday, December 1st. This represents a $0.63 annualized dividend and a yield of 10.3%. The ex-dividend date is Thursday, November 12th. This is a 0.5% decrease from Wells Fargo Advantage Funds – Allspring Income Opportunities Fund’s previous monthly dividend of $0.0529.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Up 1.0%

Shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund stock opened at $6.13 on Tuesday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 1 year low of $5.86 and a 1 year high of $6.93. The stock has a fifty day moving average price of $6.09 and a 200-day moving average price of $6.44.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Company Profile

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund is a closed-end investment fund traded on the NYSE American under the symbol EAD. The fund seeks to provide investors with a high level of current income and, as a secondary objective, capital appreciation.

The fund invests primarily in a diversified portfolio of income-producing securities. These may include high-yield corporate bonds, bank loans, and other fixed-income instruments issued by companies and governments. Its portfolio may include below-investment-grade securities, which can offer higher income but generally involve greater credit and market risk.

The fund is advised and managed within the Allspring family of investment companies.