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

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) declared a — dividend on Tuesday, February 25th, Wall Street Journal reports. Shareholders 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 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

NYSEAMERICAN:EAD remained flat at $7.02 during mid-day trading on Wednesday. 228,423 shares of the company traded hands, compared to its average volume of 166,948. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund has a 52-week low of $6.29 and a 52-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.