Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (EAD) to Issue Monthly Dividend of $0.05 on January 4th

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Wednesday, November 11th. Investors of record on Friday, December 11th will be paid a dividend of $0.0523 per share by the closed-end fund on Monday, January 4th. This represents a $0.63 annualized dividend and a dividend yield of 10.6%. The ex-dividend date is Friday, December 11th. This is a 0.6% decrease from Wells Fargo Advantage Funds – Allspring Income Opportunities Fund’s previous monthly dividend of $0.0527.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Down 2.3%

Shares of EAD opened at $5.94 on Friday. The stock’s fifty day simple moving average is $6.07 and its 200 day simple moving average is $6.43. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a twelve month low of $5.86 and a twelve month high of $6.92.

About Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund is a closed-end investment fund traded on the NYSE American under the symbol EAD. The fund seeks to provide investors with a high level of current income and, as a secondary objective, capital appreciation. The fund invests primarily in a diversified portfolio of income-producing securities. These may include high-yield corporate bonds, bank loans, and other fixed-income instruments issued by companies and governments. Its portfolio may include below-investment-grade securities, which can offer higher income but generally involve greater credit and market risk.