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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Tuesday, August 18th. Shareholders of record on Friday, September 11th will be given a dividend of 0.0531 per share by the closed-end fund on Thursday, October 1st. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date is Friday, September 11th.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Price Performance

Shares of EAD stock opened at $6.40 on Wednesday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 1 year low of $6.24 and a 1 year high of $7.15. The firm has a fifty day moving average price of $6.39 and a 200-day moving average price of $6.50.

About Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

The Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSE American: EAD) is a diversified, closed-end management investment company that seeks current income by investing primarily in a broad array of income-producing debt instruments. Originally launched as part of the Wells Fargo Advantage Funds family, the fund is now managed by Allspring Global Investments. It trades on the NYSE American exchange under the ticker symbol EAD and aims to deliver attractive risk-adjusted returns through a disciplined fixed-income strategy.

The fund’s investment portfolio typically includes corporate bonds spanning investment-grade and high-yield issues, U.S.