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

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 paid a dividend of 0.0534 per share by the closed-end fund on Monday, March 3rd. This represents a $0.64 annualized dividend and a yield of 9.08%. The ex-dividend date is Thursday, February 13th. This is a positive change 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 by an average of 1.9% annually over the last three years.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Down 0.1 %

EAD traded down $0.01 during trading on Monday, reaching $7.06. 190,312 shares of the company’s stock were exchanged, compared to its average volume of 142,309. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a fifty-two week low of $6.29 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.