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

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 paid 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 Stock Performance

Shares of NYSEAMERICAN EAD opened at $6.36 on Wednesday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a one year low of $6.24 and a one year high of $7.15. The business has a fifty day simple moving average of $6.40 and a 200 day simple moving average of $6.55.

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

Several hedge funds have recently modified their holdings of EAD. Rothschild Wealth LLC bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the 4th quarter valued at about $90,000. Oppenheimer & Co. Inc. increased its holdings in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 14.7% during the fourth quarter. Oppenheimer & Co. Inc. now owns 16,457 shares of the closed-end fund’s stock worth $112,000 after buying an additional 2,113 shares during the last quarter. Global Retirement Partners LLC acquired a new position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund during the fourth quarter worth approximately $113,000. Jane Street Group LLC bought a new stake in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the second quarter valued at approximately $116,000. Finally, Marex Group plc acquired a new stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the fourth quarter valued at approximately $121,000.

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.