Allspring Utilities & High Income Fund (ERH)

• Market cap: $105M
• 1 day: 0.51%
• 5 days: -1%
• 1 month: -2.07%
• 3 months: -5.96%
• 6 months: 0.34%
• Year to date: -0.42%
• 1 year: -0.75%
• 5 years: -16.97%
• 10 years: -12.23%
• Sector: Financials
• Industry: Asset Management

About: Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company allocates a majority of its total assets to a sleeve that places a focus on common, preferred, and convertible preferred stocks of utility companies and the rest of its total assets to a sleeve of U.S. dollar denominated below investment grade (high yield) debt.