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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a monthly dividend on Tuesday, May 19th. Investors of record on Thursday, June 11th will be given a dividend of 0.0534 per share by the closed-end fund on Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 10.0%. The ex-dividend date is Thursday, June 11th. This is a 0.1% increase from Wells Fargo Advantage Funds – Allspring Income Opportunities Fund’s previous monthly dividend of $0.05.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Stock Performance

NYSEAMERICAN EAD opened at $6.40 on Wednesday. The stock’s 50 day moving average price is $6.56 and its two-hundred day moving average price is $6.73. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 52 week low of $6.24 and a 52 week high of $7.18.

About Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

The Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSE American: EAD) is a diversified, closed-end management investment company that seeks current income by investing primarily in a broad array of income-producing debt instruments. Originally launched as part of the Wells Fargo Advantage Funds family, the fund is now managed by Allspring Global Investments. It trades on the NYSE American exchange under the ticker symbol EAD and aims to deliver attractive risk-adjusted returns through a disciplined fixed-income strategy.

The fund’s investment portfolio typically includes corporate bonds spanning investment-grade and high-yield issues, U.S.