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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Monday, April 28th, Wall Street Journal reports. Investors of record on Monday, May 12th will be given 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 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 by an average of 1.9% annually over the last three years.

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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund stock opened at $6.67 on Tuesday. The business’s 50 day simple moving average is $6.73 and its 200 day simple moving average is $6.78. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 12 month low of $5.89 and a 12 month 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.