Allspring Utilities and High Income Fund (ERH) Stock Price, News & Analysis

Company Overview

Allspring Utilities and High Income Fund is a closed-end management investment company listed on the NYSE American under the ticker ERH. Managed by Allspring Global Investments, the fund seeks to provide a high level of current income, with a secondary focus on capital appreciation. It primarily invests in the securities of companies operating in the utilities and energy sectors.

The portfolio is broadly diversified across regulated electric, gas and water utilities as well as non-regulated energy-related firms. Holdings include common stocks, preferred stocks, convertible securities and both investment-grade and high-yield debt obligations. To enhance yield, the fund may employ moderate leverage and allocate capital to master limited partnerships (MLPs) and other income-oriented structures.

Originally launched under the Wells Fargo Asset Management platform, the fund transitioned to Allspring Global Investments in 2022. While the bulk of its assets are allocated to U.S. issuers to capture the stability of domestic utility cash flows, the fund also may invest in foreign utility and energy companies when attractive income opportunities arise, balancing regulatory stability with select international yield prospects.

Investment decisions are overseen by a dedicated team of portfolio managers and analysts at Allspring Global Investments with sector-specific expertise in utilities and energy. The fund’s disciplined approach to security selection and risk management aims to deliver consistent income distributions to shareholders over the long term.

Key Stats

• Today's Range: $12.62 to $12.94
• 50-Day Range: $11.87 to $13.07
• 52-Week Range: $9.98 to $13.07
• Volume: 46,567 shs
• Average Volume: 24,776 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 7.06%
• Price Target: N/A
• Consensus Rating: N/A

ERH Stock Analysis - Frequently Asked Questions

How have ERH shares performed this year?

Allspring Utilities and High Income Fund's stock was trading at $10.6234 on January 1st, 2025. Since then, ERH stock has increased by 19.7% and is now trading at $12.72.

How do I buy shares of Allspring Utilities and High Income Fund?

Shares of ERH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Allspring Utilities and High Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Allspring Utilities and High Income Fund investors own include Mplx (MPLX), Verizon Communications (VZ), Ares Capital (ARCC), Enterprise Products Partners (EPD), Main Street Capital (MAIN), PIMCO Dynamic Income Fund (PDI) and Cornerstone Total Return Fund (CRF).

Company Calendar

• Record date for 10/1 Dividend: 9/12/2025
• Ex-Dividend for 10/1 Dividend: 9/12/2025
• Dividend Payable: 10/01/2025
• Today: 10/13/2025
• Record date for 11/3 Dividend: 10/14/2025
• Ex-Dividend for 11/3 Dividend: 10/14/2025
• Dividend Payable: 11/03/2025

Industry, Sector and Symbol

• Stock Exchange: NYSEAMERICAN
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSEAMERICAN:ERH
• Previous Symbol: NYSE:ERH
• CIK: 1279014
• Web: wellsfargoassetmanagement.com
• Phone: 833-568-4255
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: N/A
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A