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    Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD)

    Price:

    6.80 USD

    ( - -0.01 USD)

    Your position:

    0 USD

    ACTION PANEL
    CREATE A NOTE
    ABOUT
    Symbol
    EAD
    Name
    Wells Fargo Advantage Funds - Allspring Income Opportunities Fund
    Industry
    Asset Management - Income
    Sector
    Financial Services
    Price
    6.800
    Market Cap
    401.828M
    Enterprise value
    586.854M
    Currency
    USD
    Ceo
    Brian James Keller
    Full Time Employees
    Website
    Ipo Date
    2003-02-26
    City
    Charlotte
    Address
    525 Market Street

    Check the

    KEY TAKEAWAYS

    ASK OUR AI ABOUT THE COMPANY (REGISTER FOR EARLY ACCESS)
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    SIMILAR COMPANIES STI SCORE

    Similar STI Score

    PIMCO Corporate & Income Strategy Fund

    VALUE SCORE:

    8

    Symbol
    PCN
    Market Cap
    907.763M
    Industry
    Asset Management - Income
    Sector
    Financial Services

    2nd position

    The Gabelli Dividend & Income Trust

    VALUE SCORE:

    13

    Symbol
    GDV-PK
    Market Cap
    2.575B
    Industry
    Asset Management - Income
    Sector
    Financial Services

    The best

    Advent Convertible and Income Fund

    VALUE SCORE:

    14

    Symbol
    AVK
    Market Cap
    432.596M
    Industry
    Asset Management - Income
    Sector
    Financial Services
    FUNDAMENTALS
    P/E
    10.515
    P/S
    10.444
    P/B
    0.922
    Debt/Equity
    0.388
    EV/FCF
    18.452
    Price to operating cash flow
    -1.000
    Price to free cash flow
    -1.000
    EV/sales
    14.837
    Earnings yield
    0.095
    Debt/assets
    0.277
    FUNDAMENTALS
    Net debt/ebidta
    3.548
    Interest coverage
    10.573
    Research And Developement To Revenue
    0
    Intangile to total assets
    0
    Capex to operating cash flow
    0.000
    Capex to revenue
    0.000
    Capex to depreciation
    0
    Return on tangible assets
    0.063
    Debt to market cap
    0.421
    Piotroski Score
    6.000
    FUNDAMENTALS
    PEG
    1.577
    P/CF
    12.989
    P/FCF
    12.989
    RoA %
    6.253
    RoIC %
    7.857
    Gross Profit Margin %
    54.497
    Quick Ratio
    2.447
    Current Ratio
    2.447
    Net Profit Margin %
    99.331
    Net-Net
    -2.657
    FUNDAMENTALS PER SHARE
    FCF per share
    0.524
    Revenue per share
    0.651
    Net income per share
    0.647
    Operating cash flow per share
    0.524
    Free cash flow per share
    0.524
    Cash per share
    0.159
    Book value per share
    7.378
    Tangible book value per share
    7.378
    Shareholders equity per share
    7.378
    Interest debt per share
    2.936
    TECHNICAL
    52 weeks high
    7.180
    52 weeks low
    5.890
    Current trading session High
    6.835
    Current trading session Low
    6.782
    DIVIDEND
    Dividend yield
    9.45%
    Payout ratio
    98.9%
    Years of div. Increase
    3.000
    Years of div.
    24.000
    Q-shift
    Dividend per share
    0.642
    SIMILAR COMPANIES
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.11246701%
    Payout Ratio
    73.51472%
    P/E
    4.358
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.08249512%
    Payout Ratio
    0%
    P/E
    10.518
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.13203731%
    Payout Ratio
    156.96498%
    P/E
    9.860
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.09187849%
    Payout Ratio
    103.13475000000001%
    P/E
    11.772
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.121871434%
    Payout Ratio
    78.69297%
    P/E
    6.456
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.074837595%
    Payout Ratio
    -79.93432%
    P/E
    -14.414
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.07783784%
    Payout Ratio
    -312.50572%
    P/E
    -43.853
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Income
    Dividend yield
    0.11611983%
    Payout Ratio
    81.782395%
    P/E
    8.436
    logo

    Country
    US
    Sector
    Financial Services
    Industry
    Asset Management - Leveraged
    Dividend yield
    0.077744454%
    Payout Ratio
    85.625714%
    P/E
    10.951
    DESCRIPTION

    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. The fund benchmarks the performance of its portfolio against Merrill Lynch High Yield Index. Wells Fargo Advantage Funds - Allspring Income Opportunities Fund was formed on February 26, 2003 and is domiciled in the United States.

    NEWS
    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-and-quarterly-distributions-20260224.jpg
    Allspring Closed-End Funds Declare Monthly and Quarterly Distributions

    prnewswire.com

    2026-02-24 18:01:00

    CHARLOTTE, N.C., Feb. 24, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-distributions-20260130.jpg
    Allspring Closed-End Funds Declare Monthly Distributions

    prnewswire.com

    2026-01-30 08:30:00

    CHARLOTTE, N.C., Jan. 30, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-distributions-20251226.jpg
    Allspring Closed-End Funds Declare Monthly Distributions

    prnewswire.com

    2025-12-26 08:30:00

    CHARLOTTE, N.C. , Dec. 26, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.

    https://images.financialmodelingprep.com/news/ead-may-continue-to-struggle-until-interest-rates-are-20251221.jpg
    EAD: May Continue To Struggle Until Interest Rates Are Cut

    seekingalpha.com

    2025-12-21 23:59:54

    Allspring Income Opportunities Fund (EAD) is rated Hold due to concerns over dividend sustainability and NAV erosion in a high-rate environment. EAD offers a 9.5% yield with monthly payouts, but relies heavily on below-investment-grade debt and aggressive leverage (27.8% of assets). Persistent high interest rates and limited new investment opportunities threaten both NAV growth and future distribution levels for EAD.

    https://images.financialmodelingprep.com/news/closedend-funds-advised-by-allspring-funds-management-renew-share-20251113.jpg
    Closed-end funds advised by Allspring Funds Management renew share repurchase programs

    prnewswire.com

    2025-11-13 08:30:00

    CHARLOTTE, N.C. , Nov. 13, 2025 /PRNewswire/ -- The following four Allspring closed-end funds announced today that they will renew their open-market share repurchase programs: Allspring Global Dividend Opportunity Fund (NYSE: EOD) Allspring Income Opportunities Fund (NYSE American: EAD) Allspring Multi-Sector Income Fund (NYSE American: ERC) Allspring Utilities and High Income Fund (NYSE American: ERH) The funds' Board of Trustees has authorized the repurchase of an aggregate of up to 5% of each fund's outstanding shares in open-market transactions during the period beginning January 1, 2026 and ending December 31, 2026.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-and-quarterly-distributions-allspring-20251112.jpg
    Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Funds Board of Trustees Announces New Trustees

    prnewswire.com

    2025-11-12 16:15:00

    CHARLOTTE, N.C. , Nov. 12, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution, as shown in the table below.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-distributions-20251031.jpg
    Allspring Closed-End Funds Declare Monthly Distributions

    prnewswire.com

    2025-10-31 08:31:00

    CHARLOTTE, N.C. , Oct. 31, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-distributions-20250926.jpg
    Allspring Closed-End Funds Declare Monthly Distributions

    prnewswire.com

    2025-09-26 08:30:00

    CHARLOTTE, N.C. , Sept. 26, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.

    https://images.financialmodelingprep.com/news/ead-solid-income-fund-but-needs-to-improve-dividend-20250918.jpg
    EAD: Solid Income Fund But Needs To Improve Dividend Coverage

    seekingalpha.com

    2025-09-18 08:07:53

    Allspring Income Opportunities Fund (EAD) offers a high 9% yield through a diversified portfolio of below investment grade debt, appealing to income-focused investors. EAD's performance is sensitive to interest rates, with potential upside from anticipated rate cuts, but faces risks from aggressive leverage and credit quality. Dividend coverage has been inconsistent, with payouts not always fully supported by earnings, raising concerns for investors seeking stable income.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-and-quarterly-distributions-20250819.jpg
    Allspring Closed-End Funds Declare Monthly and Quarterly Distributions

    prnewswire.com

    2025-08-19 08:30:00

    CHARLOTTE, N.C. , Aug. 19, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-distributions-and-announce-a-20250725.jpg
    Allspring Closed-End Funds Declare Monthly Distributions and Announce a Portfolio Manager Change

    prnewswire.com

    2025-07-25 10:43:00

    CHARLOTTE, N.C. , July 25, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.

    https://images.financialmodelingprep.com/news/ead-good-recent-performance-but-hard-to-justify-the-current-20250707.jpg
    EAD: Good Recent Performance, But Hard To Justify The Current Price

    seekingalpha.com

    2025-07-07 08:55:43

    The Allspring Income Opportunities Fund offers a high 9% yield, outperforming major bond indices, but faces inflation and currency devaluation risks. Despite strong recent share price performance, the fund's underlying portfolio returns and distribution coverage are weak, raising sustainability concerns. The fund has only limited exposure to short-term rates, which is very nice given the Federal Reserve's plan to lower rates.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-distributions-20250627.jpg
    Allspring Closed-End Funds Declare Monthly Distributions

    prnewswire.com

    2025-06-27 08:30:00

    CHARLOTTE, N.C. , June 27, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-distributions-20250425.jpg
    Allspring Closed-End Funds Declare Monthly Distributions

    prnewswire.com

    2025-04-25 08:30:00

    CHARLOTTE, N.C. , April 25, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.

    https://images.financialmodelingprep.com/news/ead-10-yield-86-discount-on-corporate-bonds-11-20250420.jpg
    EAD: 10% Yield, 8.6% Discount On Corporate Bonds, 11 Straight Hikes

    seekingalpha.com

    2025-04-20 09:15:00

    With the Fed likely to lower rates, bonds could perform well in 2025, making the Allspring Income Opportunities Fund (EAD) a compelling option. EAD aims for high current income and potential capital appreciation, investing 80% in below investment grade bonds and other securities. As of March 2025, EAD managed $416M in assets, utilized 31.24% leverage, and had an expense ratio of 3.74%, including interest expenses.

    https://images.financialmodelingprep.com/news/allspring-closedend-funds-declare-monthly-distributions-20250131.jpg
    Allspring Closed-End Funds Declare Monthly Distributions

    prnewswire.com

    2025-01-31 08:30:00

    CHARLOTTE, N.C. , Jan. 31, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.