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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) announced a monthly dividend on Monday, April 28th, Wall Street Journal reports. Stockholders of record on Monday, May 12th will be paid a dividend of 0.0536 per share by the closed-end fund on Monday, June 2nd. This represents a $0.64 annualized dividend and a dividend yield of 9.64%. The ex-dividend date of this dividend is Monday, May 12th. This is a 0.0% 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 has increased its dividend payment by an average of 1.9% per year over the last three years.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Up 0.2 %

Shares of EAD opened at $6.67 on Tuesday. The business’s 50-day moving average is $6.73 and its two-hundred day moving average is $6.78. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a fifty-two week low of $5.89 and a fifty-two week high of $7.22.

About Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

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.