Wells Fargo Advantage Funds - Allspring Income Opportunities Fund

Wells Fargo Advantage Funds - Allspring Income Opportunities Fundverified

EAD

Price:

$6.96

Market Cap:

$411.28M

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund is a closed-ended fixed income mutual fund launched and managed by Wells Fargo Funds Management, LLC. It is co-managed by Wells Capital Management Incorporated. The fund invests in the fixed income markets of the United States. It primarily invests in below investment grade debt securities, high-yield debt securities, loans and preferred stocks rated Ba or lower by Moody's Investors Service, Inc. or BB or lower by Standard & Poor's Ratings Group. The fund benchmarks the performance of its portfolio against Merrill Lynch High Yield Index. Wells Fargo Advantage Funds - Allspring Income Opportunities Fund was formed on February 2...[Read more]

Industry

Asset Management - Income

IPO Date

2003-02-26

Stock Exchange

NYSE

Ticker

EAD

The PE Ratio as of November 2024 (TTM) for Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD) is 10.88

According to Wells Fargo Advantage Funds - Allspring Income Opportunities Fund’s latest financial reports and current stock price. The company's current PE Ratio is 10.88. This represents a change of 193.66% compared to the average of 3.71 of the last 4 quarters.

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD) Historical PE Ratio (quarterly & annually)

How has EAD PE Ratio performed in the past?

The mean historical PE Ratio of Wells Fargo Advantage Funds - Allspring Income Opportunities Fund over the last ten years is -1.08. The current 10.88 PE Ratio has changed -100740.57% with respect to the historical average. Over the past ten years (40 quarters), EAD's PE Ratio was at its highest in in the April 2016 quarter at 197.44. The PE Ratio was at its lowest in in the January 2018 quarter at -108.03.

Quarterly (TTM)
Annual

Average

-1.08

Median

4.68

Minimum

-37.62

Maximum

22.06

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Wells Fargo Advantage Funds - Allspring Income Opportunities Fund PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 297.15%

Maximum Annual PE Ratio = 22.06

Minimum Annual Increase = -505.07%

Minimum Annual PE Ratio = -37.62

Quarterly (TTM)
Annual
YearPE RatioChange
20249.94-126.43%
2023-37.62144.54%
2022-15.38-505.07%
20213.80-140.69%
2020-9.33-167.30%
201913.87-37.12%
201822.06297.15%
20175.55-127.03%
2016-20.55-221.94%
201516.8520.35%

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD) Average PE Ratio

How has EAD PE Ratio performed in the past?

The current PE Ratio of Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-14.35

5-year avg

-9.72

10-year avg

-1.08

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (EAD) PE Ratio vs. Peers

How is EAD’s PE Ratio compared to its peers?

Wells Fargo Advantage Funds - Allspring Income Opportunities Fund’s PE Ratio is greater than Allspring Utilities and High Income Fund (5.08), greater than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (4.84), greater than Blackstone / GSO Senior Floating Rate Term Fund (7.99), greater than John Hancock Preferred Income Fund (7.57), less than Allspring Multi-Sector Income Fund (11.12), less than Virtus Convertible & Income Fund II (22.67), less than Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (33.34), greater than Credit Suisse High Yield Bond Fund, Inc. (8.58), greater than MFS Intermediate High Income Fund (6.85), greater than Western Asset High Income Fund II Inc. (4.01), greater than Western Asset Global High Income Fund Inc. (6.37), greater than Nuveen Senior Income Fund (-16.47), greater than Invesco High Income Trust II (4.77), greater than Pioneer Floating Rate Fund, Inc. (9.12), greater than Franklin Limited Duration Income Trust (7.23), greater than First Trust/Abrdn Global Opportunity Income Fund (6.15),

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