Wells Fargo Global Dividend Opp Fd:EOD

    Manage Alerts

    Overview

    As of 10/23/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$4.35$5.08-14.37%
    52 Wk Avg$4.73$5.23-9.79%
    52 Wk High$5.86$6.15-4.73%
    52 Wk Low$2.92$3.64-20.93%
    Regular Distribution TypeIncome Only
    Distribution Rate12.38%
    Distribution Amount$0.1346
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    Under normal market conditions, the Fund will pursue its investment objectives by investing primarily in a diversified portfolio of common and/or preferred stocks of U.S. and non-U.S. companies and other equity securities that Crow Point Partners, LLC (the Sub-Advisor) believes should, in the aggregate, offer above average potential for current and/or future dividends. In selecting equity securities for the Fund, the Sub-Advisor will seek to emphasize securities that pay dividends that qualify for favorable federal income tax treatment. The Fund may invest in stocks of any market capitalization in any industry sector and style. The Fund expects normally to invest at least 80% of its total assets (plus the amount of any borrowings for investment purposes) in equity securities (including securities convertible into equity securities) of U.S. and non-U.S. companies that pay attractive dividends. The fund will employ an option strategy in an attempt to generate gains from the premiums on call options written by it on selected U.S. and non-U.S.-based securities indices, on exchange-traded funds providing returns based on certain indices, countries, or market sectors, and, to a lesser extent, on futures contracts and individual securities. The Fund may write call options with an aggregate net notional amount of up to 50% of the value of the Funds total assets, and the Advisor currently expects that the Fund will initially write options with an aggregate net notional amount of approximately 35% of the value of the Funds total assets. The Advisor expects that the Fund will pursue a Dividend Capture program in an attempt to increase current income.

    Capital Structure

    As of 10/23/2020

    Total Investment Exposure:$269.145M
    Total Common Assets:$221.645M
    Common Shares Outstanding:43,803,420
    Leverage

    As of 10/22/2020

    Preferred Share Assets:
    Total Debt (USD): $47.500M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $47.500M
    Effective Leverage (%): 17.65%
    Annual Expense Ratios

    As of 10/31/2019

      Per Common Share
    Management Fees1.12%
    Other Expenses:0.20%
    Baseline Expense: N/A
    Interest Expense:0.57%
    Total: 1.89%
    Fund Management

    Fund Sponsor
    Wells Fargo

    Portfolio Managers
    Niklas Nordenfelt, Kandarp R. Acharya, Timothy P. O'Brien, Philip Susser, Christian L. Chan

    Basics
    Category: Equity-Global Equity
    Ticker: EOD
    NAV Ticker: XEODX
    Average Daily Volume (shares): 187,789
    Average Daily Volume (USD): $0.877M
    Inception Date: 3/28/2007
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: October 31
    Third Party Links & Reports

    Distributions

    As of 10/23/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 4/30/2020
    $0.0905
    Annualized Distribution Rate on NAV:
    As of 10/23/2020
    10.60%
    Total Return on NAV (12 months):
    As of 10/23/2020
    -4.49%
    Avg. Portfolio Coupon:
    As of 10/23/2020
    5.48%
    Total % Portfolio Effectively Leveraged:
    As of 10/23/2020
    17.65%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/23/2020

    PeriodAvg Discount
    6 Month-11.81%
    1 Year-9.79%
    3 Year-8.68%
    5 Year-10.01%
    Z-Score

    As of 10/23/2020

    PeriodZStat
    3 Month-1.51
    6 Month-1.64
    1 Year-1.56
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2020
    Category: Morningstar US CEF Global Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-17.33%-10.64%-10.82%-5.73%
    201935.92%22.41%28.86%22.23%
    2018-12.06%-5.46%-17.84%-12.39%
    201720.51%12.35%27.44%22.37%
    20161.11%-0.01%9.60%5.33%
    2015-11.86%-8.93%-9.26%-6.50%
    201413.00%8.29%2.67%1.91%
    20136.47%12.65%16.52%17.77%
    201213.33%9.23%15.75%13.21%
    2011-9.87%-4.44%-10.45%-6.27%
    20104.54%3.13%7.33%10.27%
    200927.22%13.33%51.90%32.23%
    2008-35.84%-33.55%-44.82%-41.71%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2020
    Category: Morningstar US CEF Global Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 10/23/2020
    5.48%
    Number of Holdings:
    As of 8/31/2020
    377
    Annual Portfolio Turnover:
    As of 10/31/2019
    109.00%
    Asset Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Sensitive (Super Sector)36.18%
    Cyclical (Super Sector)25.29%
    Corporate (Super Sector)19.10%
    Defensive (Super Sector)18.82%
    Corporate Bond17.83%
    Technology17.38%
    Healthcare9.63%
    Financial Services9.13%
    Consumer Cyclical7.91%
    Communication Services7.46%
    Top Holdings

    As of 8/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Apple Inc$7.72M2.80%
    Microsoft Corp$7.37M2.67%
    Verizon Communications Inc$4.49M1.62%
    The Home Depot Inc$4.43M1.61%
    Amazon.com Inc$4.11M1.49%
    JPMorgan Chase & Co$4.03M1.46%
    Procter & Gamble Co$3.93M1.42%
    Union Pacific Corp$3.91M1.42%
    Honeywell International Inc$3.56M1.29%
    Schneider Electric SE$3.54M1.28%
    Credit Quality

    As of 8/31/2020 reported by Fund Sponsor

    Maturity Breakdown

    As of 8/31/2020 reported by Fund Sponsor

    Country Allocation

    As of 8/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity48.25%
    United States - Fixed Income16.92%
    United Kingdom - Equity4.81%
    China - Equity3.81%
    Netherlands - Equity3.79%
    Japan - Equity3.50%
    France - Equity2.99%
    Switzerland - Equity2.26%
    Canada - Equity2.06%
    Australia - Equity1.91%
    Germany - Equity1.83%
    Taiwan - Equity1.20%
    South Korea - Equity1.09%
    Spain - Equity1.03%
    Israel - Equity0.89%
    Belgium - Equity0.85%
    Canada - Fixed Income0.59%
    Israel - Fixed Income0.20%
    Germany - Fixed Income0.11%
    Ireland - Fixed Income0.01%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W