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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Friday, June 28th, NASDAQ reports. Investors of record on Thursday, July 11th will be given a dividend of 0.0521 per share by the closed-end fund on Thursday, August 1st. This represents a $0.63 dividend on an annualized basis and a yield of 9.44%. The ex-dividend date is Thursday, July 11th. 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 raised its dividend payment by an average of 2.4% annually over the last three years.

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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund stock traded up $0.01 during midday trading on Friday, reaching $6.62. The stock had a trading volume of 269,487 shares, compared to its average volume of 171,531. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a twelve month low of $5.69 and a twelve month high of $6.81.

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.