Allspring Global Dividend Opportunity Fund (EOD)

Market Cap: $211M

About: Allspring 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 of common stocks.

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

1.25% more ownership

Funds ownership: 21.58% [Q1] → 22.82% (+1.25%) [Q2]

6% less capital invested

Capital invested by funds: $51M [Q1] → $48M (-$2.98M) [Q2]

8% less funds holding

Funds holding: 59 [Q1] → 54 (-5) [Q2]

25% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 20

56% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 9