Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (EAD) To Go Ex-Dividend on June 11th

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Tuesday, May 19th. Shareholders 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) dividend on an annualized basis and a yield of 9.8%. 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 Price Performance

Shares of NYSEAMERICAN EAD opened at $6.52 on Thursday. The business’s 50 day moving average price is $6.56 and its two-hundred day moving average price is $6.73. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a twelve month low of $6.24 and a twelve month high of $7.18.

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

Several institutional investors and hedge funds have recently made changes to their positions in EAD. Peak Planning Group LLC acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the fourth quarter valued at approximately $8,062,000. Sit Investment Associates Inc. grew its position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 23.8% in the fourth quarter. Sit Investment Associates Inc. now owns 1,619,702 shares of the closed-end fund’s stock valued at $10,982,000 after purchasing an additional 311,355 shares during the last quarter. Advisors Asset Management Inc. acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the fourth quarter valued at approximately $832,000. Corient Private Wealth LLC acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the fourth quarter valued at approximately $819,000. Finally, Adapt Wealth Advisors LLC acquired a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the third quarter valued at approximately $759,000.

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.