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, May 19th. Investors of record on Thursday, June 11th will be paid a dividend of 0.0534 per share by the closed-end fund on Wednesday, July 1st. This represents a c) annualized dividend and a yield of 10.0%. The ex-dividend date of this dividend is Thursday, June 11th. 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 Trading Down 0.8%

Shares of NYSEAMERICAN:EAD opened at $6.40 on Wednesday. The company’s 50-day moving average price is $6.56 and its 200 day moving average price is $6.73. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a fifty-two week low of $6.24 and a fifty-two week high of $7.18.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in EAD. Strategic Advocates LLC bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund during the 3rd quarter worth about $32,000. CoreCap Advisors LLC grew its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 90.1% in the 4th quarter. CoreCap Advisors LLC now owns 6,330 shares of the closed-end fund’s stock worth $43,000 after purchasing an additional 3,000 shares during the last quarter. Rothschild Wealth LLC acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the 4th quarter worth approximately $90,000. Oppenheimer & Co. Inc. acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the 3rd quarter worth approximately $101,000. Finally, Global Retirement Partners LLC acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the 4th quarter worth approximately $113,000.

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.