Wells Fargo Advantage Funds - Allspring Income Opportunities Fund

Frequently Asked Questions About EAD

What does EAD invest in?

The Wells Fargo Advantage Funds - Allspring Income Opportunities Fund operates as a closed-end mutual fund specializing in fixed income. It was launched and is principally overseen by Wells Fargo Funds Management, LLC, with Wells Capital Management Incorporated providing co-management services. This fund's investment strategy focuses on the U.S. fixed income markets. Its portfolio primarily comprises sub-investment grade debt instruments, including high-yield bonds, various loan types, and preferred shares. These holdings typically possess credit ratings of Ba or lower from Moody's Investors Service, Inc., or BB or lower from Standard & Poor's Ratings Group. The fund gauges its performance against the Merrill Lynch High Yield Index. Formed on February 26, 2003, this investment vehicle is domiciled in the United States.

What is the expense ratio of EAD?

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD) charges an expense ratio of 3.50%. This is the annual fee deducted from fund assets to cover management and operations.

What is EAD's dividend yield?

EAD's trailing-twelve-month yield is 10.12%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of EAD?

Effective duration measures EAD's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EAD's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of EAD?

EAD's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of EAD?

Yield to maturity (YTM) is the total return you'd earn from EAD if every bond in the portfolio is held to maturity at the current price. EAD's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.