Wells Fargo Global Dividend Opportunity Fund: directors' dealings · United States · SEC (Form 4)

About Wells Fargo Global Dividend Opportunity Fund

The Wells Fargo Global Dividend Opportunity Fund, ticker EOD, is a U.S.-listed closed-end fund that trades on the NYSE market, with recent fund communications specifically referencing NYSE American. It is organized under U.S. law and regulated as a diversified closed-end management investment company, with its origins tracing back to its Delaware statutory trust formation on December 21, 2006 and launch in 2007. Historically tied to Wells Fargo’s asset-management platform in San Francisco, California, the vehicle today sits within the Allspring Global Investments complex following the 2021 sale of Wells Fargo Asset Management. That evolution matters because the fund’s brand changed, but the underlying listed vehicle and ticker EOD remained central to its identity for investors in the United States. From an investment standpoint, EOD is designed for income-oriented shareholders. Its primary objective is to seek a high level of current income, while its secondary objective is long-term capital growth. The fund’s strategy is notably hybrid. Under normal market conditions, roughly 80% of total assets are allocated to an equity sleeve and around 20% to a sleeve of below-investment-grade debt. The equity portfolio is built around common stocks and related securities with above-average current and/or future dividend potential, generally spread across approximately 60 to 80 positions and diversified by sector and region. In addition, the fund may use call-option writing to help generate incremental income. This makes EOD more of a global income and dividend strategy than a plain-vanilla equity fund. In terms of market positioning, the fund competes with other global dividend closed-end funds, as well as active international income products and some yield-focused ETFs. Its closed-end structure is important: unlike an open-end mutual fund, EOD can trade at a premium or discount to net asset value, and its market price may diverge materially from portfolio value. That structure can create opportunities for investors who are comfortable with volatility, leverage, and distribution policy changes, but it also increases complexity relative to standard long-only funds. Geographically, EOD is globally diversified and can invest across developed and emerging markets, which gives it broad exposure to international dividend payers and credit instruments. For French, Belgian, and Swiss investors, it is best viewed as a U.S.-listed global income vehicle rather than a domestic U.S. equity fund. The underlying risks include currency movements, interest-rate sensitivity, credit risk, and equity-market drawdowns, in addition to the usual closed-end fund discount/premium dynamics. Recent fund materials point to continued active management and ongoing distributions. Allspring’s current fund pages show quarterly distributions, a distribution rate framework, and assets under management of about $298.5 million as of early May 2026. The fund’s investor communications also indicate the continuation of a regular payout policy into 2026, reinforcing its role as an income-focused listed product within the U.S. market.