ERH: Better Than A Junk Bond Fund In The Current Environment

Allspring Utilities and High Income Fund offers an 8.17% yield, blending utility stocks and junk bonds for high income potential. ERH's total return lags utility indices due to its junk bond allocation, but recent performance has outpaced junk bonds and matched utility sector strength. The ERH fund's distribution is well-covered by investment profits, with a growing payout and a current 6.81% discount to net asset value.

Seeking Alpha • Nov 24, 2025

Closed-end funds advised by Allspring Funds Management renew share repurchase programs

CHARLOTTE, N.C. , Nov. 13, 2025 /PRNewswire/ -- The following four Allspring closed-end funds announced today that they will renew their open-market share repurchase programs: Allspring Global Dividend Opportunity Fund (NYSE: EOD) Allspring Income Opportunities Fund (NYSE American: EAD) Allspring Multi-Sector Income Fund (NYSE American: ERC) Allspring Utilities and High Income Fund (NYSE American: ERH) The funds' Board of Trustees has authorized the repurchase of an aggregate of up to 5% of each fund's outstanding shares in open-market transactions during the period beginning January 1, 2026 and ending December 31, 2026.

PRNewsWire • Nov 13, 2025

Allspring Closed-End Funds Declare Monthly and Quarterly Distributions; Allspring Funds Board of Trustees Announces New Trustees

CHARLOTTE, N.C. , Nov. 12, 2025 /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, as shown in the table below.

PRNewsWire • Nov 12, 2025

Allspring Closed-End Funds Declare Monthly Distributions

CHARLOTTE, N.C. , Oct. 31, 2025 /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 • Oct 31, 2025

Allspring Closed-End Funds Announce Changes to their Portfolio Management Teams

CHARLOTTE, N.C. , Oct. 8, 2025 /PRNewswire/ -- The Allspring Income Opportunities Fund (NYSE America: 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 Opportunities Fund (NYSE: EOD) announced today that Chris Lee, CFA, senior portfolio manager on Allspring Global Investments' Plus Fixed Income team will be removed as a portfolio manager from the funds as detailed in the table below.

PRNewsWire • Oct 8, 2025

ERH: Attractively Valued CEF With Growth Potential

ERH offers a compelling 8.2% yield and monthly payouts, making it attractive for income-focused investors seeking stability amid market volatility. The fund trades at a 6.94% discount to NAV, below its five-year average, presenting a favorable entry point for accumulation. While ERH underperforms pure Utilities ETFs in capital appreciation, its consistent distributions and potential rate cuts support my buy rating.

Seeking Alpha • Sep 9, 2025

Allspring Closed-End Funds Declare Monthly and Quarterly Distributions

CHARLOTTE, N.C. , Aug. 19, 2025 /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 • Aug 19, 2025

Allspring Closed-End Funds Declare Monthly Distributions and Announce a Portfolio Manager Change

CHARLOTTE, N.C. , July 25, 2025 /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 • Jul 25, 2025

ERH: All-Weather Strategy With Full Distribution Coverage And A Discount Valuation

ERH offers a compelling blend of high income and inflation protection by allocating 70% to utility equities and 30% to junk bonds. Utility stocks provide stability and inflation hedging, while junk bonds boost yield, resulting in an attractive 8.48% current yield. The fund has outperformed the S&P 500 and its peers recently, fully covering its distributions and demonstrating resilience during market volatility.

Seeking Alpha • Jun 24, 2025

ERH: High Volatility And Fees But Large Discount To NAV

The Allspring Utilities and High Income Fund aims for high income and moderate capital growth, focusing on tax-advantaged dividend income. ERH allocates roughly 70% of its capital to utilities stocks and 30% to high-yield debt. Historically, ERH has experienced high levels of volatility, while delivering weak returns compared to passive investment options.

Seeking Alpha • Apr 8, 2025