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 Monday, February 3rd,Wall Street Journal reports. Investors of record on Thursday, February 13th will be given a dividend of 0.0534 per share by the closed-end fund on Monday, March 3rd. This represents a $0.64 dividend on an annualized basis and a yield of 9.09%. The ex-dividend date of this dividend is Thursday, February 13th. 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 1.9% per year over the last three years.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Performance

Shares of EAD opened at $7.05 on Wednesday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 12 month low of $6.29 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.