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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Thursday, November 14th,Wall Street Journal reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.0531 per share by the closed-end fund on Thursday, January 2nd. This represents a $0.64 dividend on an annualized basis and a dividend yield of 9.32%. The ex-dividend date is Thursday, December 12th. This is a positive change from Wells Fargo Advantage Funds – Allspring Income Opportunities Fund’s previous monthly dividend of $0.05.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has raised its dividend payment by an average of 2.4% annually over the last three years.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Performance

Shares of EAD stock traded down $0.02 on Thursday, hitting $6.83. The stock had a trading volume of 169,146 shares, compared to its average volume of 167,979. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a one year low of $6.10 and a one year high of $7.22.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Company Profile

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Wells Capital Management Incorporated. The fund invests in the fixed income markets of the United States. It primarily invests in below investment grade debt securities, high-yield debt securities, loans and preferred stocks rated Ba or lower by Moody's Investors Service, Inc or BB or lower by Standard & Poor's Ratings Group.