Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) Share Price Passes Above 50-Day Moving Average of $0.00

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EADGet Rating)’s stock price passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.00 and traded as high as $6.57. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund shares last traded at $6.49, with a volume of 81,637 shares traded.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Trading Down 0.5 %

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Cuts Dividend

The business also recently declared a monthly dividend, which will be paid on Monday, October 3rd. Shareholders of record on Tuesday, September 13th will be issued a dividend of $0.0568 per share. The ex-dividend date is Monday, September 12th. This represents a $0.68 annualized dividend and a yield of 10.51%.

Institutional Investors Weigh In On Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

Hedge funds have recently modified their holdings of the business. Wolverine Asset Management LLC bought a new stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the second quarter valued at approximately $26,000. CoreCap Advisors LLC bought a new position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the second quarter worth $58,000. EP Wealth Advisors LLC bought a new position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the first quarter worth $80,000. Nomura Holdings Inc. bought a new position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the second quarter worth $86,000. Finally, Secure Asset Management LLC bought a new position in Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the first quarter worth $88,000.

About Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

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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.

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