Allspring Global Dividend Opportunity Fund is a closed-end fund focused on delivering a high level of current income with secondary emphasis on long-term capital growth. Under typical conditions, the portfolio allocates roughly 80% to an equity sleeve of dividend-oriented companies across major sectors and regions, and about 20% to a sleeve of below–investment-grade debt to enhance income diversification. The equity sleeve generally holds approximately 60 to 80 securities emphasizing above-average current and prospective dividends, complemented by a systematic call-writing program designed to generate additional option premium income. The fund distributes dividends quarterly and may pay capital gains annually, aligning its structure with income-seeking mandates. Launched in 2007, it has navigated multiple market cycles, with publicly reported best and worst periods highlighting its exposure to global equity and credit risk factors. By combining global dividend equities, high-yield credit, and an options overlay, Allspring Global Dividend Opportunity Fund serves as a multi-asset income vehicle with diversified sources of cash flow within a single, actively managed strategy.
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