Is Allspring Utilities and High Income Fund (ERH) a Buy, Sell, or Hold?
AMEX : ERH
Allspring Utilities and High Income Fund
$12.09 USD
-$0.07 (-0.58%)
- Volume
- 6.7K
- Average Volume
- 23.48K
- Market Capitalization
- $106.78M
- P/E Ratio
- 4.84
- Dividend Yield
- 8.39%
- Price Target
- Year High
- $13.07
- Year Low
- $11.50
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.39
- Current Ratio
- $0.00
| Source | Headline |
|---|---|
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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. seekingalpha.com - 2026-07-05 08:45:00 |
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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. prnewswire.com - 2026-06-26 08:31:00 |
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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. prnewswire.com - 2026-05-19 18:30:00 |
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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. seekingalpha.com - 2026-04-28 11:13:59 |
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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. prnewswire.com - 2026-04-24 08:30:00 |
