Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (EAD) to Issue Monthly Dividend of $0.05 on February 2nd

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Friday, December 26th. Investors of record on Monday, January 12th will be paid a dividend of 0.0535 per share by the closed-end fund on Monday, February 2nd. This represents a c) dividend on an annualized basis and a yield of 9.4%. The ex-dividend date of this dividend is Monday, January 12th.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Price Performance

Shares of EAD stock opened at $6.84 on Friday. The stock’s 50-day simple moving average is $6.82 and its 200-day simple moving average is $6.95. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a fifty-two week low of $5.89 and a fifty-two week high of $7.18.

Hedge Funds Weigh In On Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Adapt Wealth Advisors LLC acquired a new stake in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund during the 3rd quarter valued at approximately $759,000. Luken Investment Analytics LLC increased its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 216.3% in the second quarter. Luken Investment Analytics LLC now owns 132,968 shares of the closed-end fund’s stock worth $939,000 after acquiring an additional 90,929 shares during the period. Invesco Ltd. raised its holdings in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 10.8% during the second quarter. Invesco Ltd. now owns 897,364 shares of the closed-end fund’s stock worth $6,335,000 after purchasing an additional 87,577 shares during the last quarter. Readystate Asset Management LP acquired a new position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund during the third quarter valued at $452,000. Finally, Guggenheim Capital LLC boosted its holdings in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 6.1% in the second quarter. Guggenheim Capital LLC now owns 996,321 shares of the closed-end fund’s stock valued at $7,034,000 after purchasing an additional 57,362 shares during the last quarter.

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.