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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) announced a monthly dividend on Tuesday, August 19th. Stockholders of record on Friday, September 12th will be paid a dividend of 0.0536 per share by the closed-end fund on Wednesday, October 1st. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Friday, September 12th. This is a 0.1% increase from Wells Fargo Advantage Funds – Allspring Income Opportunities Fund’s previous monthly dividend of $0.05.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Performance

Shares of EAD opened at $7.11 on Wednesday. The stock has a 50-day moving average of $7.07 and a 200-day moving average of $6.88. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a one year low of $5.89 and a one year high of $7.22.

Institutional Trading of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

Several large investors have recently made changes to their positions in the company. Osaic Holdings Inc. grew its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 7.6% in the 2nd quarter. Osaic Holdings Inc. now owns 96,475 shares of the closed-end fund’s stock valued at $681,000 after buying an additional 6,846 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 8.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 53,100 shares of the closed-end fund’s stock worth $375,000 after buying an additional 4,076 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the 2nd quarter worth approximately $116,000. NewEdge Advisors LLC boosted its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 2.9% in the 2nd quarter. NewEdge Advisors LLC now owns 49,820 shares of the closed-end fund’s stock worth $352,000 after buying an additional 1,420 shares during the last quarter. Finally, Guggenheim Capital LLC boosted its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 6.1% in the 2nd quarter. Guggenheim Capital LLC now owns 996,321 shares of the closed-end fund’s stock worth $7,034,000 after buying an additional 57,362 shares during the last quarter.

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.