Allspring Utilities & High Income Fund (ERH)

• Market cap: $112M
• 1 day: 1.11%
• 5 days: 3.33%
• 1 month: 3.24%
• 3 months: 7.88%
• 6 months: -1.7%
• Year to date: 7.06%
• 1 year: 16.36%
• 5 years: -9.14%
• 10 years: -2.08%
• 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.