Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Announces — Dividend of $0.05 (NYSEAMERICAN:EAD)

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) announced a — dividend on Wednesday, February 26th, Wall Street Journal reports. Stockholders of record on Thursday, March 13th will be given a dividend of 0.0535 per share by the closed-end fund on Tuesday, April 1st. This represents a dividend yield of 9%. The ex-dividend date of this dividend is Thursday, March 13th.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has raised its dividend payment 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 stock traded down $0.01 during midday trading on Wednesday, reaching $7.01. The company had a trading volume of 192,498 shares, compared to its average volume of 166,889. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 1-year low of $6.29 and a 1-year 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.