Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EAD) Shares Cross Above 50 Day Moving Average of $0.00

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund (NYSEAMERICAN:EADGet Free Report)’s stock price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.00 and traded as high as $6.67. Wells Fargo Advantage Funds – Allspring Income Opportunities Fund shares last traded at $6.64, with a volume of 118,264 shares trading hands.

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Trading Up 0.2 %

Wells Fargo Advantage Funds – Allspring Income Opportunities Fund Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, July 1st. Stockholders of record on Thursday, June 13th will be paid a dividend of $0.052 per share. This represents a $0.62 dividend on an annualized basis and a dividend yield of 9.38%. The ex-dividend date of this dividend is Thursday, June 13th.

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

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. City of London Investment Management Co. Ltd. raised its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 13.7% in the 1st quarter. City of London Investment Management Co. Ltd. now owns 539,918 shares of the closed-end fund’s stock valued at $3,585,000 after acquiring an additional 65,000 shares in the last quarter. Easterly Investment Partners LLC raised its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 11.3% in the 1st quarter. Easterly Investment Partners LLC now owns 145,231 shares of the closed-end fund’s stock valued at $964,000 after acquiring an additional 14,712 shares in the last quarter. PFG Investments LLC bought a new position in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund in the 1st quarter valued at approximately $351,000. NBC Securities Inc. raised its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 107.8% in the 4th quarter. NBC Securities Inc. now owns 7,325 shares of the closed-end fund’s stock valued at $47,000 after acquiring an additional 3,800 shares in the last quarter. Finally, AQR Arbitrage LLC raised its stake in shares of Wells Fargo Advantage Funds – Allspring Income Opportunities Fund by 213.5% in the 3rd quarter. AQR Arbitrage LLC now owns 478,611 shares of the closed-end fund’s stock valued at $2,920,000 after acquiring an additional 325,952 shares in the last quarter.

About Wells Fargo Advantage Funds – Allspring Income Opportunities Fund

(Get Free Report)

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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