ALLSPRING UTILITIES & HIGH INCOME FUND
Allspring Utilities and High Income Fund is a U.S.-domiciled closed-end balanced mutual fund managed by Wells Fargo Funds Management, with Crow Point Partners and Wells Capital Management as co-managers. The fund invests in U.S. stocks and fixed income securities. Its equity holdings focus on utility businesses of varying sizes, including water, gas, electric and telecommunications companies. Its fixed income strategy targets securities rated below investment grade.
No SEC Form 4 filings for $ERH in the last 30 days.
See all $ERH insider activity →Four closed-end funds managed by Allspring Funds Management (EOD, EAD, ERC, ERH) renewed their share repurchase programs, authorized to buy up to 5% of outstanding shares each in 2027. The funds did not repurchase shares in 2026. Each fund has specific investment objectives focused on income and capital growth.
Allspring Utilities and High Income Fund (ERH) announced a quarterly dividend of $0.087 per share, a 0.6% decrease from the previous dividend. The dividend has a forward yield of 3.21% and is payable on December 1 to shareholders of record on November 12, with an ex-dividend date of November 12.
Allspring Global Investments' three closed-end funds (EAD, ERC, ERH) declared monthly distributions. Each fund has an annual minimum fixed distribution rate of 8.00% or 8.75% based on NAV. The funds' objectives focus on high current income, with some seeking capital appreciation or tax-advantaged dividends.
Over the past 7 days, AlphAI's AI scored 1 news story mentioning ERH (ALLSPRING UTILITIES & HIGH INCOME FUND). Coverage has been balanced: 0 bullish, 1 neutral, and 0 bearish.
Recent ERH coverage spans financial news and corporate actions.
Potential modest support for the fund’s market price.
The dividend announcement is a routine corporate action with a modest forward yield of 3.21%, likely causing limited price movement.
Distribution could lead to a discount widening versus NAV.
The focus on distributions may slightly boost investor interest in ERH, but overall impact remains limited.
The announcement clarifies the fund's distribution sources, which may influence investor perception but is unlikely to impact the fund's price significantly in the short term.
AlphAI scores every news story that mentions ERH with an AI model for sentiment and relevance, and aggregates insider trades from ALLSPRING UTILITIES & HIGH INCOME FUND's SEC EDGAR Form 4 filings. Figures refresh continuously.
Four closed-end funds managed by Allspring Funds Management (EOD, EAD, ERC, ERH) renewed their share repurchase programs, authorized to buy up to 5% of outstanding shares each in 2027. The funds did not repurchase shares in 2026. Each fund has specific investment objectives focused on income and capital growth.
Allspring Utilities and High Income Fund (ERH) announced a quarterly dividend of $0.087 per share, a 0.6% decrease from the previous dividend. The dividend has a forward yield of 3.21% and is payable on December 1 to shareholders of record on November 12, with an ex-dividend date of November 12.
Allspring Global Investments' three closed-end funds (EAD, ERC, ERH) declared monthly distributions. Each fund has an annual minimum fixed distribution rate of 8.00% or 8.75% based on NAV. The funds' objectives focus on high current income, with some seeking capital appreciation or tax-advantaged dividends.
CHARLOTTE, N.C., Nov. 12, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund ( NYSE:EAD ) , the Allspring Multi-Sector Income Fund ( NYSE:ERC ) , the Allspring Utilities and High Income Fund ( NYSE:ERH ) , and the Allspring Global Dividend Opportunity Fund ( NYSE:EOD ) have each ...
CHARLOTTE, N.C., Nov. 3, 2025 /PRNewswire/ -- This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed ...
CHARLOTTE, N.C., Oct. 31, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund ( NYSE:EAD ) , the Allspring Multi-Sector Income Fund ( NYSE:ERC ) , and the Allspring Utilities and High Income Fund ( NYSE:ERH ) have each announced a distribution.
CHARLOTTE, N.C., Oct. 1, 2025 /PRNewswire/ -- This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed ...
CHARLOTTE, N.C., Sept. 2, 2025 /PRNewswire/ -- This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed ...
CHARLOTTE, N.C., Aug. 1, 2025 /PRNewswire/ -- This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed ...
CHARLOTTE, N.C., July 1, 2025 /PRNewswire/ -- This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed ...
