Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (EAD) to Issue — Dividend of $0.05 on April 1st

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) announced a — dividend on Tuesday, February 25th, Wall Street Journal reports. Shareholders of record on Thursday, March 13th will be paid a dividend of 0.0535 per share by the closed-end fund on Tuesday, April 1st. This represents a yield of 9%. The ex-dividend date is Thursday, March 13th.

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 Stock Performance

Shares of NYSEAMERICAN EAD opened at $7.02 on Thursday. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 12-month low of $6.29 and a 12-month 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.