Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) Increases Dividend to $0.05 Per Share

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) announced a monthly dividend on Wednesday, November 13th,Wall Street Journal reports. Investors of record on Thursday, December 12th will be given a dividend of 0.0531 per share by the closed-end fund on Thursday, January 2nd. This represents a $0.64 annualized dividend and a dividend yield of 9.33%. The ex-dividend date of this dividend is Thursday, December 12th. This is a positive change from Wells Fargo Advantage Funds – Allspring Income Opportunities Fund’s previous monthly dividend of $0.05.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has increased its dividend by an average of 2.4% per year over the last three years.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Performance

EAD opened at $6.83 on Friday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 52 week low of $6.10 and a 52 week high of $7.22.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Company Profile

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Wells Capital Management Incorporated. The fund invests in the fixed income markets of the United States. It primarily invests in below investment grade debt securities, high-yield debt securities, loans and preferred stocks rated Ba or lower by Moody's Investors Service, Inc or BB or lower by Standard & Poor's Ratings Group.