Wells Fargo Utilities and High Income Fund (the Fund), formerly Wells Fargo Advantage Utilities and High Income Fund, is a diversified closed-end management investment company. The Fund's 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 Fund may invests in direct debt instruments, which are interests in amounts owed to lenders by corporate or other borrowers. The Fund invests in a range of sectors, including consumer discretionary, which includes auto components, hotels, restaurants and leisure, household durables, media, leisure products, specialty retail, and textiles, apparel and luxury goods; energy, which includes oil, gas and consumable fuels; industrials, information technology, telecommunication services, materials, utilities, consumer staples, financials and healthcare. Wells Fargo Funds Management LLC operates as the Fund's investment advisor.
Industry, Sector and Symbol:
- Sector: Financials
- Industry: Closed End Funds
- Sub-Industry: N/A
- Symbol: NYSE:ERH
- CUSIP: N/A
- Web: N/A
- 50 Day Moving Avg: $13.21
- 200 Day Moving Avg: $13.06
- 52 Week Range: $11.20 - $13.59
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Average Volume: 17,117 shs.
Frequently Asked Questions for Wells Fargo Utilities and High Incm Fund (NYSE:ERH)
What is Wells Fargo Utilities and High Incm Fund's stock symbol?
Wells Fargo Utilities and High Incm Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "ERH."
How often does Wells Fargo Utilities and High Incm Fund pay dividends? What is the dividend yield for Wells Fargo Utilities and High Incm Fund?
Wells Fargo Utilities and High Incm Fund declared a monthly dividend on Thursday, August 17th. Shareholders of record on Wednesday, September 13th will be paid a dividend of $0.075 per share on Monday, October 2nd. This represents a $0.90 annualized dividend and a yield of 6.94%. The ex-dividend date is Tuesday, September 12th. View Wells Fargo Utilities and High Incm Fund's Dividend History.
Who are some of Wells Fargo Utilities and High Incm Fund's key competitors?
Some companies that are related to Wells Fargo Utilities and High Incm Fund include Ares Capital Corporation (ARCC), Prospect Capital (PSEC), 3i Infrastructure PLC (3IN), FS Investment Corporation (FSIC), Apollo Investment Corporation (AINV), Liberty All-Star Equity Fund (USA), New Mountain Finance Corporation (NMFC), Hercules Capital (HTGC), Ithaca Energy (IAE), Triangle Capital Corporation (TCAP), Invesco California Value Municipal Income Trust (VCV), PennantPark Investment Corporation (PNNT), BlackRock Capital Investment Corporation (BKCC), PennantPark Floating Rate Capital (PFLT), Foresight Solar Fund Ltd (FSFL), MFS Charter Income Trust (MCR), TICC Capital Corp. (TICC) and Medley Capital Corporation (MCC).
Who are Wells Fargo Utilities and High Incm Fund's key executives?
Wells Fargo Utilities and High Incm Fund's management team includes the folowing people:
- Peter G. Gordon, Independent Chairman of the Board of Trustee
- Karla M. Rabusch, President
- Debra Ann Early, Chief Compliance Officer
- Michael Whitaker, Chief Compliance Officer
- Jeremy M. DePalma, Treasurer
- David Berardi, Assistant Treasurer
- C. David Messman, Secretary
- William Robert Ebsworth, Independent Trustee
- Jane A. Freeman, Independent Trustee
- Isaiah Harris Jr., Independent Trustee
Who owns Wells Fargo Utilities and High Incm Fund stock?
Wells Fargo Utilities and High Incm Fund's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), Citigroup Inc. (0.24%), Cetera Investment Advisers (0.00%), Cambridge Investment Research Advisors Inc. (0.18%) and Monroe Bank & Trust MI (0.10%). View Institutional Ownership Trends for Wells Fargo Utilities and High Incm Fund.
Who sold Wells Fargo Utilities and High Incm Fund stock? Who is selling Wells Fargo Utilities and High Incm Fund stock?
Who bought Wells Fargo Utilities and High Incm Fund stock? Who is buying Wells Fargo Utilities and High Incm Fund stock?
How do I buy Wells Fargo Utilities and High Incm Fund stock?
Shares of Wells Fargo Utilities and High Incm Fund can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Wells Fargo Utilities and High Incm Fund's stock price today?
MarketBeat Community Rating for Wells Fargo Utilities and High Incm Fund (NYSE ERH)MarketBeat's community ratings are surveys of what our community members think about Wells Fargo Utilities and High Incm Fund and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Wells Fargo Utilities and High Incm Fund stock can currently be purchased for approximately $12.96.
Consensus Ratings for Wells Fargo Utilities and High Incm Fund (NYSE:ERH) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
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Analysts' Ratings History for Wells Fargo Utilities and High Incm Fund (NYSE:ERH)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Wells Fargo Utilities and High Incm Fund (NYSE:ERH)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Wells Fargo Utilities and High Incm Fund (NYSE:ERH)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Wells Fargo Utilities and High Incm Fund (NYSE:ERH)
|Dividend Growth:||0.00% (3 Year Average)|
Dividend History by Quarter for Wells Fargo Utilities and High Incm Fund (NYSE ERH)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading History for Wells Fargo Utilities and High Incm Fund (NYSE:ERH)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Wells Fargo Utilities and High Incm Fund (NYSE:ERH)
Latest Headlines for Wells Fargo Utilities and High Incm Fund (NYSE:ERH)
Wells Fargo Utilities and High Incm Fund (ERH) Chart for Sunday, September, 24, 2017