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

Price Target and Rating

Average Stock Price Forecast
High Stock Price Forecast
Low Stock Price Forecast
Forecast Upside/Downside	%
Consensus Rating	Buy
Rating Score(0-5)	4
Research Coverage	0 Analysts

Profitability

EPS (Most Recent Fiscal Year)	$1.7
Trailing P/E Ratio	4.84
PEG Ratio	-0.41
P/E Growth	-0.41
Net Income	$15.06M
Net Margin	285.55%
Pretax Margin	285.55%
Return on Equity	18.68%
Return on Assets	14.27%

Financials Score

AltmanZ Score	3.55
Piotroski Score	6.00
Working Capital	-1.78M
Total Assets	155.04M
Ebit	53.28M
Market Cap	107.4M
Total Liabilities	31.97M

Poll Results

About Allspring Utilities and High Income Fund (AMEX:ERH) Stock

The Allspring Utilities and High Income Fund functions as a closed-end, balanced mutual fund, principally managed by Wells Fargo Funds Management LLC. Joint management is also provided by Crow Point Partners, LLC and Wells Capital Management Incorporated. This fund strategically deploys capital in both the public stock and bond markets across the United States. Its equity holdings predominantly comprise shares of utility sector enterprises, such as water, gas, electric, and telecommunications companies, irrespective of their market capitalization. Within its fixed income segment, the fund specifically targets high-yield, non-investment grade debt instruments. Launched on April 28, 2004, the fund is domiciled in the United States. ...

ERH: Renewed Growth Catalyst Due To AI Data Centers

2026-07-05 08:45:00

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.

Allspring Closed-End Funds Declare Monthly Distributions

2026-06-26 08:31:00

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 and Quarterly Distributions

2026-05-19 18:30:00

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.

ERH: Utility Exposure Offers Growth Potential For This Income-Focused CEF

2026-04-28 11:13:59

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.

Allspring Closed-End Funds Declare Monthly Distributions

2026-04-24 08:30:00

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.

Frequently Asked Questions

What is the current Allspring Utilities and High Income Fund (ERH) stock price?: Allspring Utilities and High Income Fund(AMEX:ERH) stock price is $12.09 in the last trading session. During the trading session, ERH stock reached the peak price of $13.07 while $11.5 was the lowest point it dropped to. The percentage change in ERH stock occurred in the recent session was --0.58% while the dollar amount for the price change in ERH stock was -$0.07.
ERH's industry and sector of operation?: The AMEX listed ERH is part of Asset Management - Income industry that operates in the broader Financial Services sector.
Who are the executives of ERH?: Timothy Paul O'Brien | Portfolio Manager
Andrew Cestone | Portfolio Manager
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How many employees does ERH have?: Number of ERH employees currently stands at None. ERH operates from 525 Market Street, Charlotte, NC 94105, US.

Link for ERH official website?: Official Website of ERH is: http://www.wellsfargoassetmanagement.com/investments/closed-end-funds/index.html
How do I contact ERH?: ERH could be contacted at phone #415-396-8000 and can also be accessed through its website. ERH operates from 525 Market Street, Charlotte, NC 94105, US.
How many shares of ERH are traded daily?: The average number of ERH shares traded daily for last 3 months was 23.48K.
What is the market cap of ERH currently?: The market value of ERH currently stands at $106.78M with its latest stock price at $12.09

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Allspring Utilities and High Income Fund

$12.09 USD

Company Overview

Liquidity Metrics

Sales & Valuation

Profitability

P/E Metrics

Analyst Price Target & Rating

Poll Results