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Stock impact report

EOD: High Fees And Volatility But Large Discount To NAV [Seeking Alpha]

Allspring Global Dividend Opportunity Fund Common Shares of Beneficial Interest (EOD) 
Company Research Source: Seeking Alpha
Much of EOD's distribution is return of capital, not net investment income, and the fund carries a high 1.28% gross expense ratio. EOD uses leverage and has historically shown high volatility relative to its returns, but currently trades at a significant discount to NAV. I rate EOD a Hold as the discount to NAV offsets negatives related to high fees and volatility. tadamichi/iStock via Getty Images The Allspring Global Dividend Opportunity Fund ( NYSE: EOD ) is a closed-end fund ("CEF") which seeks to provide investors investors with a high level of current income. The fund's secondary objective is to provide long-term growth of capital. This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Show less Read more
Impact Snapshot
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Time And Velocity Analysis
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