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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Friday, January 30th. Stockholders of record on Thursday, February 12th will be given a dividend of 0.0535 per share by the closed-end fund on Monday, March 2nd. This represents a c) annualized dividend and a dividend yield of 9.4%. The ex-dividend date of this dividend is Thursday, February 12th.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Trading Up 0.3%

Shares of EAD opened at $6.85 on Friday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 52-week low of $5.89 and a 52-week high of $7.18. The firm has a 50-day moving average price of $6.82 and a 200 day moving average price of $6.93.

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

Institutional investors have recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC raised its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 326.8% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 55,379 shares of the closed-end fund’s stock valued at $394,000 after acquiring an additional 42,404 shares during the last quarter. PFG Investments LLC boosted its stake in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 36.7% in the second quarter. PFG Investments LLC now owns 59,219 shares of the closed-end fund’s stock worth $418,000 after purchasing an additional 15,885 shares in the last quarter. Luken Investment Analytics LLC grew its holdings in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 216.3% during the second quarter. Luken Investment Analytics LLC now owns 132,968 shares of the closed-end fund’s stock worth $939,000 after purchasing an additional 90,929 shares during the last quarter. Stratos Wealth Partners LTD. increased its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 2.6% in the second quarter. Stratos Wealth Partners LTD. now owns 58,690 shares of the closed-end fund’s stock valued at $414,000 after buying an additional 1,500 shares in the last quarter. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 2.9% in the second quarter. Envestnet Asset Management Inc. now owns 300,980 shares of the closed-end fund’s stock valued at $2,125,000 after buying an additional 8,548 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.