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Allspring Utilities & High Income Fund

10.85 USD
+0.11
1.02%
At close Updated Oct 30, 4:00 PM EDT
1 day
1.02%
5 days
3.53%
1 month
4.73%
3 months
-7.89%
6 months
-13.82%
Year to date
-8.75%
1 year
-15.04%
5 years
-25.43%
10 years
-9.43%
 

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.

News

Positive
Neutral
Negative
Sentiment 3-Months
Positive 25%
Neutral 75%
Negative 0%
Neutral
PRNewsWire
1 day ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., Oct. 30, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
Neutral
PRNewsWire
1 month ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., Sept. 25, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
Positive
Seeking Alpha
1 month ago
ERH: Utility And Fixed-Income Exposure At A Discounted Price
The Allspring Utilities and High-Income Fund offers a rather unique blend of utility equities and below-investment-grade fixed income. ERH trades at an attractive discount, and that helps to 'juice' its distribution yield, making it a compelling candidate for income-focused portfolios despite near-term interest rate headwinds. While the fund's managed distribution policy had supported a high payout, declining NAV more recently amid rate sensitivity may pressure future distribution levels moving forward.
ERH: Utility And Fixed-Income Exposure At A Discounted Price
Neutral
PRNewsWire
2 months ago
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C., Aug. 18, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
Neutral
PRNewsWire
3 months ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., July 31, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
Positive
Seeking Alpha
3 months ago
ERH: Renewed Growth Catalyst Due To AI Data Centers
Allspring Utilities & High Income Fund maintains a buy rating, offering an 8.6% yield and trading at a 7.75% NAV discount. ERH's earnings consistently cover distributions, with AI-driven utility growth providing a renewed catalyst for portfolio holdings. Leverage (20.5%) and interest rate risk remain key factors, but ERH's income focus and NAV management support its dividend sustainability.
ERH: Renewed Growth Catalyst Due To AI Data Centers
Neutral
PRNewsWire
4 months ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., June 26, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
Neutral
PRNewsWire
5 months ago
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
CHARLOTTE, N.C., May 19, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), the Allspring Utilities and High Income Fund (NYSE American: ERH), and the Allspring Global Dividend Opportunity Fund (NYSE: EOD) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly and Quarterly Distributions
Positive
Seeking Alpha
6 months ago
ERH: Utility Exposure Offers Growth Potential For This Income-Focused CEF
The Allspring Utilities and High Income Fund (ERH) offers an 8.42% yield by blending utility equities with high-yield bonds, prioritizing current income. ERH's portfolio is 88% utility equities, providing inflation protection and dividend growth potential, but its bond allocation drags long-term total returns down. Utility holdings are positioned to benefit from the data center-driven surge in electricity demand, though regulatory and political risks remain material.
ERH: Utility Exposure Offers Growth Potential For This Income-Focused CEF
Neutral
PRNewsWire
6 months ago
Allspring Closed-End Funds Declare Monthly Distributions
CHARLOTTE, N.C., April 24, 2026 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE American: EAD), the Allspring Multi-Sector Income Fund (NYSE American: ERC), and the Allspring Utilities and High Income Fund (NYSE American: ERH) have each announced a distribution.
Allspring Closed-End Funds Declare Monthly Distributions
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