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) declared a monthly dividend on Friday, March 27th. Stockholders of record on Friday, April 10th will be paid a dividend of 0.0534 per share by the closed-end fund on Friday, May 1st. This represents a c) annualized dividend and a dividend yield of 10.2%. The ex-dividend date of this dividend is Friday, April 10th.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Trading Down 1.4%

Shares of EAD traded down $0.09 on Friday, reaching $6.29. The stock had a trading volume of 250,172 shares, compared to its average volume of 170,533. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 12-month low of $5.89 and a 12-month high of $7.18. The company has a 50-day simple moving average of $6.76 and a 200-day simple moving average of $6.84.

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.