Allspring Global Dividend Opportunity Fund and three sibling closed-end funds announced on November 12, 2026, that their Boards of Trustees have authorized renewal of open-market share repurchase programs covering up to 5% of each fund's outstanding shares for the period January 1, 2027 through December 31, 2027.

Key Highlights

  • Four funds covered: Allspring Global Dividend Opportunity Fund (NYSE:EOD), Allspring Income Opportunities Fund (NYSE American:EAD), Allspring Multi-Sector Income Fund (NYSE American:ERC), and Allspring Utilities and High Income Fund (NYSE American:ERH).
  • Repurchase cap: The Board authorized repurchase of an aggregate of up to 5% of each fund's outstanding shares in open-market transactions.
  • Program period: January 1, 2027 through December 31, 2027.
  • Discretion delegated: The Board delegated to Allspring Funds Management, LLC, discretion to determine the amount and timing of repurchases for each fund.
  • No shares repurchased in current period: During the January 1, 2026 through September 30, 2026 portion of the prior authorized period, the funds did not repurchase any shares.
  • Ongoing oversight: The Board will continue to receive periodic reports on repurchase activity and will decide whether to renew or discontinue the programs at the end of their terms.

Allspring Closed-End Funds Authorize 2027 Open-Market Repurchase Programs

According to the announcement dated November 12, 2026, the Boards of Trustees of four Allspring closed-end funds have approved renewal of their open-market share repurchase programs for a full calendar year beginning January 1, 2027. The authorization covers up to 5% of each fund's outstanding shares, to be purchased in open-market transactions. The Board has delegated to Allspring Funds Management, LLC, the discretion to determine both the amount and timing of repurchases, subject to what the filing describes as "the best interests of the fund and subject to applicable legal limitations."

The filing notes that the same 5% repurchase authorization was in place for the period January 1, 2026 through December 31, 2026, but that through September 30, 2026, none of the four funds repurchased any shares under that program. The Board has indicated it will receive periodic reports on repurchase activity as part of its oversight, which includes evaluating whether to renew or discontinue the programs at the conclusion of each term.

Each fund has distinct investment objectives as described in the filing. The Allspring Global Dividend Opportunity Fund (NYSE:EOD) is a closed-end equity and high-yield bond fund seeking a high level of current income, with long-term growth of capital as a secondary objective. The filing also notes that each fund uses leverage through a revolving credit facility and may issue preferred shares in the future, and that shares may trade at either a premium or discount to net asset value with no assurance that any discount will decrease.

What Was Disclosed

Four Allspring closed-end funds disclosed renewal of open-market share repurchase programs authorizing up to 5% of each fund's outstanding shares for calendar year 2027, with discretion over timing and amount delegated to Allspring Funds Management, LLC. No shares were repurchased through September 30, 2026, under the prior authorization.