Wells Fargo Advantage Income Opptys Fund (NYSEMKT:EAD) had declared a cash dividend of $0.0680 on Sep 30, 2016. The shares will quote ex-dividend on Oct 13, 2016 and the record date has been fixed for Oct 17, 2016. On Sep 30, 2016 share price, the yield comes out to be 9.7725%. The dividend payable date has been fixed on Nov 1, 2016.
Several Insider Transactions has been reported to the SEC. On Feb 2, 2015, Jane A Freeman (director) purchased 150 shares at $8.69 per share price.Also, On Jan 5, 2015, William R. Ebsworth (director) purchased 2,000 shares at $8.72 per share price.
Wells Fargo Advantage Income Opportunities Fund is a diversified closed-end management investment fund. The Fund seeks a high level of current income and capital appreciation is a secondary objective. The Fund invests in a range of sectors which include telecommunication corporate bonds and notes consumer discretionary consumer staples energy financials healthcare industrials and information technology and utilities among others. The Fund may invest in direct debt instruments which are interests in amounts owed to lenders by corporate or other borrowers. Wells Fargo Funds Management LLC is the investment advisor of the Fund. Wells Capital Management Incorporated is the sub-advisor of the Fund.