Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (EOD) Stock

About Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund

The Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund functions as a closed-ended equity mutual fund that channels investments into publicly traded companies across the globe. While its inception and primary management fall under Wells Fargo Funds Management, LLC, it also benefits from the shared oversight of Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund's portfolio is diversified across various industries, though it places particular importance on opportunities within the utilities, telecommunications, and energy sectors. A central tenet of its investment approach is the acquisition of dividend-paying stocks. This fund, established on March 28, 2007, is based in the United States.

Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund is headquartered in US.

Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (EOD) stock trades at $6.48 with a market capitalization of $279.07M. The stock is valued at a price-to-earnings (P/E) ratio of 3.64, price-to-book of 0.95, price-to-sales of 6.11. Over the past 52 weeks the stock has ranged between $5.48 and $6.74, and currently trades 3.9% below its 52-week high. It pays a dividend yielding 8.28%.

On profitability, Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund generates a return on equity (ROE) of 26.82% — well above the market average, a sign of a high-quality business, return on capital employed of 22.56%, an operating margin of 172.76%, a net profit margin of 167.44%.

Official website: www.wellsfargoadvantagefunds.com/wfweb/wf/funds/cef/0EOD.jsp