Wells Fargo Advantage Funds Stock News

Allspring Income Opportunities Fund offers a 9.35% yield, comparable to other junk bond funds. The fund's shares have increased while the bond market and the fund's NAV have declined, but it still tra

The Allspring Income Opportunities Fund is a junk bond fund that provides a very respectable 9.52% yield to its shareholders. The EAD closed-end fund has been performing quite well over the past few m

We review CEF market valuation and performance through the fourth week of November and highlight recent market action. CEFs had a good week, with November coming in as the second-best month in the las

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

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.

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

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

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.

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 e

A bankruptcy judge says the Airbus lessors’ secured lender didn’t show their chapter 11 filing was in bad faith.

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 wide

Wells Fargo Advantage Funds Wells Fargo Income Opportunities Fund (NYSEAMERICAN:EAD) was the recipient of a large growth in short interest in October. As of October 29th, there was short interest totalling 42,700 shares, a growth of 59.3% from the October 14th total of 26,800 shares. Based on an average trading volume of 153,200 shares, []

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 di

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, 202

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.