EAD - Allspring Income Opportunities Fund

What this means for you

One large investor owns more than 5% of this fund but has told the regulator it is not seeking changes. That is common for banks, brokers and index funds that hold shares for their clients.

Nothing is required of you. If an investor changes its mind, it must file a new notice within days, and it will show up here.

Email me if this changes

What happened, and when

1. Feb 3, 2025

   Morgan Stanley now owns 5.1%, as a passive investor.

   Original document →

About this fund

• Run by Allspring Funds Management, LLC. Part of the Allspring fund family. As of April 30, 2026, from the fund's yearly report. Original document →
• Size: about $419 million of holdings, as of July 31, 2026. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Borrowing: the fund borrows about 32% on top of its own money, as of July 31, 2026. Borrowed money makes gains and losses bigger. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Costs: 0.9% a year in management fees; 3% a year in total, including interest on borrowed money. Fiscal year ended April 30, 2026. As of April 30, 2026, from the fund's yearly report. Original document →
  Among the 90 funds we follow that invest in bonds, 22 charge a lower management fee and 38 charge less in total, at their last yearly reports. Both numbers are measured against the fund's own money, not the money it borrows on top, so a fund that borrows more shows higher costs on both counts.
• Payouts: last fiscal year (ended April 30, 2026) the fund paid $0.64 a share. $0.54 of that was income; $0.10 was your own money back, not income. Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of April 30, 2026, from the fund's annual report. Original document →
• Value of holdings per share at the last fiscal year end (April 30, 2026): $7.21. The shares traded at $6.68, about 7.4% below that. As of April 30, 2026, from the fund's yearly report. Original document →
• How the holdings did: down 3.4% over the last three months we have (May-July 2026), before the share price is taken into account. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• First reported to the regulator in 2002.

How this has changed

• Payouts per share: $0.64 in the fiscal year ended April 30, 2026; $0.63 in the year ended April 30, 2025; $0.59 in the year ended April 30, 2024.As of April 30, 2026, from the fund's annual report. Original document →
• Of that, your own money back rather than income: $0.10 in the year ended April 30, 2026; $0.07 in the year ended April 30, 2025; $0.05 in the year ended April 30, 2024.As of April 30, 2026, from the fund's annual report. Original document →
• Costs, including interest on borrowed money: 2.95% a year in the fiscal year ended April 30, 2026; 3.5% a year in the year ended April 30, 2025; 3.74% a year in the year ended April 30, 2024.As of April 30, 2026, from the fund's annual report. Original document →
• Size of the holdings: about $426 million at April 30, 2026; $423 million at April 30, 2025; $425 million at April 30, 2024. From the fund's quarterly holdings reports. Original documents: April 30, 2026 →, April 30, 2025 →, April 30, 2024 →.
• Borrowing: about 31% on top of its own money at April 30, 2026; 32% at April 30, 2025; 32% at April 30, 2024. From the fund's quarterly holdings reports. Original documents: April 30, 2026 →, April 30, 2025 →, April 30, 2024 →.
• The fund had about 59.1 million shares at April 30, 2026, about the same as at April 30, 2024.As of April 30, 2026, from the fund's annual report. Original document →

What these lines mean: a payout that is your own money back, what a fund costs, borrowing.

What a holder made

• The year ended April 30, 2026: the shares returned +8.8%, counting payouts. As of April 30, 2026, from the fund's annual report. Original document →
• The year ended April 30, 2025: the shares returned +14.5%, counting payouts. As of April 30, 2025, from the fund's annual report. Original document →
• The year ended April 30, 2024: the shares returned +10.9%, counting payouts. As of April 30, 2024, from the fund's annual report. Original document →
• The year ended April 30, 2023: the shares returned -6.7%, counting payouts. As of April 30, 2023, from the fund's annual report. Original document →
• The year ended April 30, 2022: the shares returned -5.2%, counting payouts. As of April 30, 2022, from the fund's annual report. Original document →
• Those five years together: the shares returned +22.1%. $10,000 of shares bought at the start (May 1, 2021) would have become about $12,200 by April 30, 2026, with every payout counted, before tax. As of April 30, 2026, from the fund's annual report. Original document →
• The holdings over the last twelve months we have, to July 31, 2026: -1.8%. The quarterly reports carry no share price, so this is the holdings alone. As of July 31, 2026, from the fund's quarterly holdings report. Original document →
• Of the 72 funds that invest in bonds with a fiscal year ending within six months of this one, 29 reported a higher share return for that year and 42 a lower one. As of April 30, 2026, from the fund's annual report. Original document →
• A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.

Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.

What the fund holds

Mostly bonds (90%), the rest loans and cash and short-term holdings. About 84% issued in the U.S.

1. Cash and short-term - 5.1%
2. Echostar - 1.7%
3. Alliant Hold / Co-Issuer, Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer - 1.4%
4. TransDigm Inc 2024 Term Loan L - 1.4%
5. Citigroup - 1.4%
6. Cco Hldgs LLC/Cap, CCO Holdings LLC / CCO Holdings Capital Corp - 1.3%
7. Davita - 1.3%
8. Beach Acquisition Bidco LLC - 1.2%
9. Rogers Communications - 1.1%
10. 1261229 Bc - 1.1%

As of July 31, 2026, from the fund's quarterly holdings report. Original document →