Shares of Wells Fargo Global Dividend Opportunity Fund (NYSE:EOD) traded today at $5.80, eclipsing its 52-week high. This new high was reached on approximately average trading volume as 234,000 shares traded hands, while the average 30-day volume is approximately 221,000 shares.
Wells Fargo Global Dividend Opportunity Fund is a diversified closed-end management investment company. Its primary investment objective is to seek a high level of current income. The fund’s secondary objective is the long-term growth of capital. The fund allocates its assets between two separate investment strategies or sleeves. Under normal market conditions, the fund allocates approximately 80% of its total assets to an equity sleeve comprised primarily of common stocks.
Based on a current price of $5.79, Wells Fargo Global Dividend Opportunity Fund is currently 1.0% above its average consensus analyst price target of $5.73.
In the past 52 weeks, shares of Wells Fargo Global Dividend Opportunity Fund have traded between a low of $4.03 and a high of $5.80 and is now at $5.79, which is 44% above that low price.
Receive IBN Spotlights – “Bite Size” Small, Mid and Large-Cap Technical Indicator Alerts
To stay connected with our complimentary IBN Spotlights, please visit https://IBN.fm/connected
About InvestorBrandNetwork (IBN)
InvestorBrandNetwork (IBN) consists of 50+ trusted financial brands introduced to the investment public over the course of 15+ years. Through these brands, IBN provides (1) access to our Investor Press Release Wire Solutions via InvestorWire (IW) to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions via IW to ensure maximum impact; (4) full-scale distribution to an enormous social media audience that includes millions of followers; and (5) a full array of corporate communications solutions focused on the IBN Podcast Series. With a proven track record serving 500+ client partners, IBN is the key to a more effective market communication campaign.
For more information, please visit https://www.InvestorBrandNetwork.com
Please see full terms of use and disclaimers on the InvestorBrandNetwork website applicable to all content provided by IBN, wherever published or re-published: http://IBN.fm/Disclaimer