Media coverage about Wells Fargo Income Opportunities Fund (NYSE:EAD) has been trending somewhat positive on Friday, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Wells Fargo Income Opportunities Fund earned a media sentiment score of 0.18 on Accern’s scale. Accern also gave news headlines about the closed-end fund an impact score of 44.9207979879852 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Wells Fargo Income Opportunities Fund (EAD) traded down $0.07 during trading hours on Friday, reaching $8.51. The company’s stock had a trading volume of 132,380 shares.
The business also recently announced a monthly dividend, which will be paid on Friday, December 1st. Shareholders of record on Wednesday, November 15th will be paid a $0.0564 dividend. This represents a $0.68 annualized dividend and a yield of 7.95%. The ex-dividend date of this dividend is Tuesday, November 14th.
Wells Fargo Income Opportunities Fund Company Profile
Wells Fargo Income Opportunities Fund (the Fund), formerly Wells Fargo Advantage Income Opportunities Fund, is a diversified closed-end management investment company. The Fund’s investment objective is to seek high level of current income and capital appreciation is its secondary objective. The Fund may invest in direct debt instruments, which are interests in amounts owed to lenders by corporate or other borrowers.
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