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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 logo

Allspring Utilities and High Income Fund

NYSE:ERHFinancial Services
+1.33%$10.63
AH$10.63+0.00%vs close
Mkt Cap$93.89M
Float8.83M
O/S8.83M
Inst Own15.4%
SI0.1%
Div Yield9.70%
Dilution
Historical Data
DateOpenHighLowCloseVolume
Key Metrics
Market Cap$93.89M
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership15.35%

based on 8.83M shares outstanding

SectorFinancial Services
IndustryAsset Management - Income
ExchangeNYSE American
CountryUSUS
IPO DateApr 28, 2004
Shares Outstanding8.83M
Float8.83M
Company Overview

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

Analyst Coverage
No analyst coverage for this companyNo ratings, price targets, or covering firms on file.
Insider Trades
InsiderTypeShares
SHLISSEL BRIAN S profile photoSHLISSEL BRIAN SPurchase200
SHLISSEL BRIAN S profile photoSHLISSEL BRIAN SPurchase100
SHLISSEL BRIAN S profile photoSHLISSEL BRIAN SPurchase100
Lee Christopher M profile photoLee Christopher MPurchase5.0K
Shareholders
15.4%
Institutional
(26)
0.1%
Insiderⓘ
(2)
0.0%
5%+ Owners
(0)
84.6%
Unattributed (incl. retail)ⓘ
Institutional15.4%
Insider0.1%
Unattributed (incl. retail)84.6%
Sources: 13F, Form 4, 13D/13GO/S: 8.8M · date not recorded · SEC EDGAR
Insiders & Institutional Holders
52-Week Range
$10.16$13.00
$10.63(17th percentile)
Volume
Average Daily Volume34.11K
34.39K today vs 34.11K avg(+1%)

30d Avg

34.11K

60d Avg

30.13K

90d Avg

29.13K

Earnings
Dividend History
TTM Yield
9.70%
Paid monthly
Annual (LTM)
$1.03
Latest
$0.0876
Oct 13, 26
5Y Growth
--
Compliance Status
Loading compliance data...