Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) Raises Dividend to $0.05 Per Share

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Wednesday, November 13th,Wall Street Journal reports. Shareholders 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 yield of 9.05%. The ex-dividend date is Thursday, December 12th. This is a boost 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 increased its dividend by an average of 2.4% annually over the last three years.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Trading Down 0.4 %

Shares of NYSEAMERICAN EAD opened at $7.04 on Tuesday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 52-week low of $6.27 and a 52-week 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.