ALLSPRING UTILITIES & HIGH INCOME FUND (ERH)
The Allspring Utilities and High Income Fund functions as a closed-end, balanced mutual fund, principally managed by Wells Fargo Funds Management LLC. Joint management is also provided by Crow Point Partners, LLC and Wells Capital Management Incorporated. This fund strategically deploys capital in both the public stock and bond markets across the United States. Its equity holdings predominantly comprise shares of utility sector enterprises, such as water, gas, electric, and telecommunications companies, irrespective of their market capitalization. Within its fixed income segment, the fund specifically targets high-yield, non-investment grade debt instruments. Launched on April 28, 2004, the fund is domiciled in the United States.
Industry: Asset Management - Income
Allspring Utilities and High Income Fund
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
based on 8.83M shares outstanding
The Allspring Utilities and High Income Fund functions as a closed-end, balanced mutual fund, principally managed by Wells Fargo Funds Management LLC. Joint management is also provided by Crow Point Partners, LLC and Wells Capital Management Incorporated. This fund strategically deploys capital in both the public stock and bond markets across the United States.
Its equity holdings predominantly comprise shares of utility sector enterprises, such as water, gas, electric, and telecommunications companies, irrespective of their market capitalization. Within its fixed income segment, the fund specifically targets high-yield, non-investment grade debt instruments. Launched on April 28, 2004, the fund is domiciled in the United States.
Leadership
Christopher Baker
Chief Compliance Officer
James G. Polisson
Trustee; Nominating and Governance Committee Chair
Jeremy M. DePalma
Treasurer
John Kenney
President
Employees
--
Country
US
Sector
Financial Services
Website
wellsfargoassetmanagement.com
| Insider | Title | Type | Shares | Value | Date |
|---|---|---|---|---|---|
| Director | Purchase | 200 | $2.6K | Feb 27, 2026 | |
| Director | Purchase | 100 | $1.3K | Feb 27, 2026 | |
| Director | Purchase | 100 | $1.3K | Feb 27, 2026 | |
| -- | Purchase | 5.0K | $46.3K | Mar 22, 2024 |
| Name | Shares | % | Source |
|---|---|---|---|
Morgan Stanley · also on 13F· may incl. warrants· filed May 2025 | 450.5K | 5.1% | 13G |
MORGAN STANLEY | 438.9K | 5.0% | 13F |
1607 Capital Partners, LLC | 314.5K | 3.6% | 13F |
Zimmer Partners, LP | 128.8K | 1.5% | 13F |
COHEN & STEERS, INC. | 123.2K | 1.4% | 13F |
BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC | 90.7K | 1.0% | 13F |
Shaker Financial Services, LLC | 66.2K | 0.7% | 13F |
LPL Financial LLC | 39.5K | 0.4% | 13F |
Cetera Investment Advisers | 29.1K | 0.3% | 13F |
LEVEL FOUR ADVISORY SERVICES, LLC | 27.9K | 0.3% | 13F |
Insiders
based on 8.83M shares outstanding
30d Avg
34.11K
60d Avg
30.13K
90d Avg
29.13K