Wells Fargo Income Opportunities Fund

Allspring Income Opportunities Fund is a closed-end management investment company. It seeks current income and capital appreciation through investment in below investment grade debt securities, loans, and preferred stocks. The company was founded on December 3, 2002 and is headquartered in San Francisco, CA.

Allspring Income Opportunities Fund operates as a closed-end management investment company. It seeks current income and capital appreciation through investment in below investment grade debt securities, loans, and preferred stocks. The company was founded on December 3, 2002 and is headquartered in San Francisco, CA.

Allspring Global Dividend Opportunity Fund

Wells Fargo Multi-Sector Income Fund

Wells Fargo Utilities and High Income Fund

CHARLOTTE, N.C. , Nov. 15, 2023 /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.

Allspring Closed-End Funds Declare Monthly and Quarterly Distributions

CHARLOTTE, N.C. , Nov. 15, 2023 /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, 2024 and ending December 31, 2024.

Closed-end funds advised by Allspring Funds Management renew share repurchase programs

CHARLOTTE, N.C. , Nov. 15, 2023 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), a closed-end fund, announced today that the fund's Board of Trustees has approved a change to the fund's managed distribution plan.

Allspring Income Opportunities Fund Announces Change to Managed Distribution Plan

CHARLOTTE, N.C. , Oct. 27, 2023 /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.

Allspring Closed-End Funds Declare Monthly Distributions

This bond has been paying an 8.25% income stream to EAD ever since the fund's managers bought nearly $4 million worth of these bonds.

An Inside Look At How Corporate-Bond CEFs Pay 9%+ Yields

Barings Corporate Investors

Barings Participation Investors

We review CEF market valuation and performance through the third week of August and highlight recent market action. CEFs had another down week as August has now erased all of the July rally. Most CEF returns have lagged their yields over the last several years - will the trend continue?

CEF Market Weekly Review: Will CEF Returns Lag Their Yields?

Barings Global Short Duration High Yield Fund

First Trust High Income Long/Short Fund

PGIM Global High Yield Fund

Western Asset High Income Opportunity Fund Inc

Western Asset High Yield Defined Opportunity Fund Inc

BlackRock Corporate High Yield Fund

PGIM High Yield Bond Fund

KKR Income Opportunities Fund

Too many folks are letting so-called “safe” yields on Treasuries distract them from the real action these days: 10 “stealth” bond plays yielding way more!

10 Big 9%+ Dividends 'Basic' Investors Have Missed

Blackstone/GSO Senior Floating Rate Term Fund

Credit Suisse Asset Management Income Fund

Credit Suisse High Yield Bond Fund

Western Asset Mortgage Opportunity Fund

Western Asset Global Corp Defined Opportunity Fund Inc

Invesco High Income 2023 Target Term Fund

Nuveen Preferred & Income Term Fund

Nuveen Preferred & Income 2022 Term Fund

We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.

CEF Weekly Review: Term CEFs Continue To Be Misunderstood

EAD is a leveraged loan/high yield bond CEF. The fund benchmarks favorably with the golden standards in the space, namely VVR and AIF.

EAD: Continuing To Perform, 9% Yield

ClearBridge Energy MLP Fund Inc

MFS Intermediate High Income Fund

ClearBridge Energy MLP Total Return Fund Inc

ClearBridge Energy MLP Opportunity Fund Inc

MFS Special Value Trust

Tortoise Energy Independence Fund, Inc.

Neuberger Berman High Yield Strategies Fund Inc

Adams Natural Resources Fund Inc

Invesco High Income Trust II

For the first month in three, equity CEFs (+4.49%) on average witnessed plus-side returns, while their fixed income CEF cohorts (-5.07%) suffered a third month of declines in October. Only 17% of all CEFs traded at a premium to their NAV at month end, with 24% of equity CEFs and 11% of fixed income CEFs trading in premium territory.

The Month In Closed-End Funds: October 2022

Allspring Income Opportunities Fund (EAD) is a fixed income closed-end fund. The vehicle focuses on leveraged loans and high-yield bonds and runs a modest duration of 3.8 years.

EAD: A Classic Leveraged Loans / High Yield Bonds CEF

iShares iBonds 2026 Term High Yield and Income ETF

SPDR Bloomberg Short Term High Yield Bond ETF

Western Asset Diversified Income Fund

High-yield corporate bond yields have nearly doubled this year on the back of the rise in Treasury yields and a back-up in credit spreads. At current yields, we find corporate bonds attractive in an environment of low default rates, strong macro indicators and decent corporate fundamentals.

Why We Are Buying 7-10% Yielding Corporate Credit

DoubleLine Income Solutions Fund

RiverNorth/DoubleLine Strategic Opportunity Fund, Inc.

We review CEF market valuation and performance over the third week of November and highlight recent market events. The CEF market had an off-week with nearly all sectors delivering lower NAVs and wider discounts.

CEF Weekly Market Review: Mind Your CEF Expenses

Liberty All-Star Growth Fund

BlackRock 2022 Global Income Opportunity Trust

BlackRock Virginia Municipal Bond Trust

MFS High Income Municipal Trust

MFS Investment Grade Municipal Trust

Dreyfus Municipal Bond Infrastructure Fund

Dreyfus Strategic Municipal Bond Fund Inc

Eaton Vance

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance California Municipal Bond Fund

Fiduciary / Claymore Mlp Opportunity Fund

Templeton Global Income Fund

Clough Global Opportunities Fund

Eagle Capital Growth Fund Inc

Highland Global Credit Allocation Fund.

Tekla Healthcare Investors

Nuveen Tax-Advantaged Dividend Growth Fund

Deutsche Municipal Income Trust

Dreyfus Strategic Municipals Inc

BlackRock MuniYield California Quality Fund Inc

21 out of 24 CEF sectors positive on price and 22 out of 24 sectors positive on NAV last week. US equity leads while emerging market income lags.

Weekly Closed-End Fund Roundup: November 7, 2021

CHARLOTTE, N.C., Nov. 12, 2021 /PRNewswire/ -- The Wells Fargo Income Opportunities Fund (NYSE American: EAD), the Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), the Wells Fargo Utilities and High Income Fund (NYSE American: ERH), and the Wells Fargo Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.

Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions

The longstanding policies of the Federal Reserve have made it incredibly difficult for investors to generate any significant amount of income off of the assets in their portfolios. EAD invests in a diversified portfolio of junk bonds in order to achieve a higher yield than most other things in the market.

EAD: A High-Yield Play To Overcome Fed Policy

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Asset Management (WFAM) today announced that the closed-end funds' names are expected to change from “Wells Fargo” to “Allspring” on December 6, 2021. This date replaces the previously announced date of October 11, 2021. The Board of Trustees of the Wells Fargo Funds approved the closed-end fund name changes to include the name Allspring on July 15, 2021. The new closed-end fund names will be: Allspring Income Opportunities Fund (NYSE American: EAD) A

Wells Fargo Closed-End Funds Announce New Date for Fund Name Changes

Pioneer Municipal High Income Advantage Trust

BlackRock MuniHoldings Fund

Nuveen Municipal High Income Opportunity Fund

PCM Fund

Principal Real Estate Income Fund

Stocks finished the week up nicely with the S&P 500 up nearly 1% and the Nasdaq up just over 1%, for all new record highs.

YH Weekly Commentary Peak

Aberdeen Income Credit Strategies Fund

Apollo Tactical Income Fund, Inc.

Alpine Total Dynamic Dividend Fund

Ares Dynamic Credit Allocation Fund

Blackstone Long-Short Credit Income Fund

Doubleline Opportunistic Credit Fund

Blackrock Debt Strategies Fund Inc

Eagle Point Credit

Western Asset Global High Income Fund

Western Asset Emerging Markets Debt Fund

First Trust MLP & Energy Income Fund

First Trust New Opportunities Mlp & Energy Fund

Western Asset High Income Fund

Pioneer Diversified High Income Trust

John Hancock Preferred Income Fund

Pioneer Floating Rate Trust

Pioneer High Income Trust

Only funds with yields over 6.50%, coverage higher than 80% and trading at under a +5% premium are considered. Top lists of discount, yield, DxY and DxYxZ are given.

The 'High-High-Low' Closed-End Fund Report, July 2021

SAN FRANCISCO--(BUSINESS WIRE)--In connection with the proposed sale by Wells Fargo & Company of Wells Fargo Asset Management (WFAM) to a holding company affiliated with private funds of GTCR LLC and Reverence Capital Partners, L.P. announced on February 23, 2021, shareholders of the Wells Fargo closed-end funds identified below (each, a “Fund” and, collectively, the “Funds”) were asked to approve new investment advisory and sub-advisory agreements for the Funds at special meetings of share

Results of Special Shareholder Meetings of Wells Fargo Closed-End Funds

MFS High Yield Municipal Trust

First Trust Preferred Securities & Income ETF

iShares International Preferred Stock ETF

Virtus InfraCap U.S. Preferred Stock ETF

We review CEF market valuation and performance over the last week of July and highlight recent market events. July CEF returns were wrapped around zero in aggregate as higher NAVs were offset by wider discounts.

CEF Weekly Market Review: Market Takes July Off

PIMCO Strategic Income Fund Inc

Let's shrug off today's “dividend desert” and do something most folks think is impossible.

3 Big Dividends That Could Pay You $3,410 A Month

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Asset Management (WFAM) today announced that following approval by the Board of Trustees of the Wells Fargo Funds on July 15, 2021, the WFAM closed-end funds will change their names to include the name Allspring. The name change is expected to go into effect on October 11, 2021. The new closed-end fund names will be: Allspring Income Opportunities Fund (NYSE American: EAD) Allspring Multi-Sector Income Fund (NYSE American: ERC) Allspring Utilities and

Wells Fargo Closed-End Funds Announce Change of Name

SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo Asset Management (WFAM) today announced that the Wells Fargo Income Opportunities Fund (NYSE American: EAD), Wells Fargo Multi-Sector Income Fund (NYSE American: ERC), Wells Fargo Utilities and High Income Fund (NYSE American: ERH), and Wells Fargo Global Dividend Opportunity Fund (NYSE: EOD), (collectively, the “Funds”), announced a change of date of the previously announced Special Meeting of Shareholders (the “Meeting”) from July 15, 2021, to Augus

Wells Fargo Closed-End Funds Announce Change of Date of Special Meeting of Shareholders

SAN FRANCISCO--(BUSINESS WIRE)--Each fund listed below has announced that its Board of Trustees has approved a new investment advisory agreement and new sub-advisory agreement(s), and has announced record and meeting dates for a special meeting of shareholders: Wells Fargo Income Opportunities Fund (NYSE American: EAD) Wells Fargo Multi-Sector Income Fund (NYSE American: ERC) Wells Fargo Utilities and High Income Fund (NYSE American: ERH) Wells Fargo Global Dividend Opportunity Fund (NYSE: EOD)

Wells Fargo Closed-End Funds Announce Board Approval of New Investment Advisory and Sub-Advisory Agreements

News for Wells Fargo Income Opportunities Fund ETF (EAD)