Wells Fargo Advantage Funds - Allsp... (EAD)
Upgrades & Downgrades
Latest EAD news
The Month In Closed-End Funds: October 2022
8 November 2022
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 ...
EAD: A Classic Leveraged Loans / High Yield Bonds CEF
4 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.
Why We Are Buying 7-10% Yielding Corporate Credit
2 June 2022
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...
CEF Weekly Market Review: Mind Your CEF Expenses
28 November 2021
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...
EAD: A High-Yield Play To Overcome Fed Policy
8 November 2021
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...
Wells Fargo Closed-End Funds Announce New Date for Fund Name Changes
30 September 2021
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 ...
YH Weekly Commentary Peak
20 August 2021
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.
Wells Fargo Closed-End Funds Declare Monthly and Quarterly Distributions
18 August 2021
SAN FRANCISCO--(BUSINESS WIRE)--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...
The 'High-High-Low' Closed-End Fund Report, July 2021
17 August 2021
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.