ERH
Allspring Utilities and High Income Fund·Financial Services
12.56
0.111%(−0.01)
Market ClosedLast Updated: — ET
52W L: $10.0052W H: $13.07
Allspring Utilities and High Income Fund·Financial Services
CHARLOTTE, N.C., March 27, 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 Utilities and High Income Fund (NYSEAMERICAN:ERH - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $12.23 and traded as high as $12.34. Allspring Utilities and High Income Fund shares last traded at $12.26, with a volume of 7,484
Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH - Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $12.22 and traded as high as $12.82. Allspring Utilities and High Income Fund shares last traded at $12.77, with a volume of 14,656 shares
CHARLOTTE, N.C., Feb. 24, 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.
Allspring Utilities & High Income Fund remains a buy, trading at a 7.08% discount to NAV with an 8.5% yield. ERH's blended equity and high-yield debt strategy generates attractive income but relies heavily on net realized gains for dividend coverage. Leverage (20.9% of assets) amplifies income and risk; potential rate cuts could improve operating spread and future returns.
Allspring Utilities and High Income Fund (NYSEAMERICAN:ERH - Get Free Report) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 6,797 shares, an increase of 46.7% from the December 31st total of 4,632 shares. Based on an average daily trading volume, of 26,032