| Indicators | Browse All

Allspring Utilities and High Income Fund (ERH)

Financial Services | Asset Management | Charlotte, United States | NYSE American
12.09 USD -0.08 (-0.650%) ⇩ (July 13, 2026, 3:59 p.m. EDT)
After hours: 12.02 -0.07 (-0.070%) ⇩ (July 13, 2026, 7:56 p.m. EDT)
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | July 11, 2026, 5:56 a.m. EDT

The most critical observation is the stark disconnect between the fund's massive 8.6% yield and its underlying business reality. While the monthly distributions look attractive on the surface, the payout ratio of nearly 39% combined with a trailing P/E of under 5 suggests the income is largely derived from capital return rather than robust earnings power. The price history confirms this fragility: despite a recent annual rebound, the asset has suffered a cumulative decline of over 15% over the last nine years, indicating a persistent structural weakness that the market has struggled to overcome. The recent price action shows a modest recovery, trading slightly above its 50-day average, which offers a temporary technical bounce, but this does not negate the fundamental drag on the share price. For investors seeking pure income, the yield is compelling but carries significant risk of erosion if the net asset value continues to drift downward. The statistical forecast models see no immediate directional bias, reinforcing the view that the asset is currently in a state of equilibrium rather than a clear trend.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.063686
AutoETS0.063686
MSTL0.067302
AutoTheta0.068574

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 62%
H-stat 0.86
Ljung-Box p 0.000
Jarque-Bera p 0.497
Excess Kurtosis -0.24
Attribute Value
Sector Financial Services
Ex Dividend Date 2026-07-09
Last Dividend Date 2026-07-09
Debt to Equity Ratio 24.376
Revenue per Share 0.66
Market Cap 106,780,824
Trailing P/E 4.82
Beta 0.79
Profit Margins 379.47%
Previous Name Wells Fargo Advantage Utilities and High Income Fund

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.72% 8.34% 8.24% 7.85%
Dividend History
Date Dividend Yield %
2026-07-10 0.088 0.723090
2026-06-11 0.087 0.744226
2026-05-11 0.086 0.702614
2026-04-10 0.086 0.684713
2026-03-12 0.085 0.693312
2026-02-12 0.085 0.694444
2026-01-12 0.084 0.711262
2025-12-11 0.084 0.713679
2025-11-13 0.083 0.657686
2025-10-14 0.083 0.654058
2025-09-12 0.082 0.679370
2025-08-11 0.081 0.682393
2025-07-11 0.081 0.701906
2025-06-12 0.080 0.702988
2025-05-12 0.079 0.718835
2025-04-11 0.078 0.758017
2025-03-13 0.077 0.713624
2025-02-13 0.076 0.678571
2025-01-13 0.075 0.690608
2024-12-12 0.074 0.691589
2024-11-12 0.063 0.584958
2024-10-15 0.063 0.569106
2024-09-13 0.062 0.565693
2024-08-12 0.062 0.599034
2024-07-11 0.062 0.620621
2024-06-13 0.062 0.626263
2024-05-10 0.062 0.621243
2024-04-11 0.063 0.692308
2024-03-11 0.063 0.684783
2024-02-12 0.064 0.719101
2024-01-12 0.065 0.705755
2023-12-11 0.066 0.717391
2023-11-13 0.067 0.790094
2023-10-12 0.068 0.814371
2023-09-11 0.069 0.724790
2023-08-11 0.070 0.700000
2023-07-13 0.070 0.675676
2023-06-12 0.071 0.697446
2023-05-11 0.072 0.685062
2023-04-13 0.073 0.677180
2023-03-10 0.073 0.712891
2023-02-10 0.074 0.677656
2023-01-12 0.074 0.637931
2022-12-12 0.075 0.651042
2022-11-10 0.076 0.678571
2022-10-13 0.076 0.723810
2022-09-12 0.076 0.582822
2022-08-11 0.076 0.604134
2022-07-11 0.076 0.614390
2022-06-10 0.076 0.614887
2022-05-12 0.076 0.607029
2022-04-11 0.075 0.532670
2022-03-11 0.075 0.565185
2022-02-11 0.075 0.563910
2022-01-13 0.074 0.506849
2021-12-13 0.074 0.503059
2021-11-12 0.074 0.514246
2021-10-12 0.074 0.533526
2021-09-13 0.072 0.480320
2021-08-12 0.072 0.486486
2021-07-12 0.072 0.508834
2021-06-11 0.071 0.484642
2021-05-13 0.070 0.531108
2021-04-12 0.070 0.518903
2021-03-11 0.071 0.549961
2021-02-11 0.071 0.550815
2021-01-12 0.071 0.565737
2020-12-11 0.071 0.555556
2020-11-12 0.071 0.566188
2020-10-13 0.072 0.588235
2020-09-11 0.072 0.601504
2020-08-13 0.078 0.594966
2020-07-13 0.080 0.616333
2020-06-12 0.080 0.608828
2020-05-11 0.080 0.653061
2020-04-13 0.081 0.706806
2020-03-12 0.080 0.688468
2020-02-13 0.080 0.517130
2020-01-13 0.079 0.558304
2019-12-12 0.079 0.572049
2019-11-12 0.079 0.569575
2019-10-15 0.078 0.574374
2019-09-12 0.075 0.559702
2019-08-12 0.075 0.567752
2019-07-11 0.075 0.579151
2019-06-13 0.075 0.584567
2019-05-13 0.075 0.575153
2019-04-11 0.075 0.579151
2019-03-11 0.075 0.585937
2019-02-13 0.075 0.593354
2019-01-15 0.075 0.623960
2018-12-14 0.075 0.627615
2018-11-13 0.075 0.601926
2018-10-12 0.075 0.633981
2018-09-14 0.075 0.591017
2018-08-14 0.075 0.594766
2018-07-13 0.075 0.604351
2018-06-12 0.075 0.618812
2018-05-14 0.075 0.608273
2018-04-13 0.075 0.613748
2018-02-13 0.075 0.625521
2018-01-16 0.075 0.578258
2017-12-12 0.075 0.557621
2017-11-14 0.075 0.565185
2017-10-13 0.075 0.573394
2017-09-12 0.075 0.570342
2017-08-11 0.075 0.574273
2017-07-13 0.075 0.567752
2017-06-12 0.075 0.565185
2017-05-16 0.075 0.568182
2017-04-13 0.075 0.578704
2017-03-13 0.075 0.617284
2017-02-13 0.075 0.600480
2017-01-12 0.075 0.620861
2016-12-12 0.075 0.614754
2016-11-14 0.075 0.659631
2016-10-13 0.075 0.632378
2016-09-12 0.075 0.577812
2016-08-11 0.075 0.571211
2016-07-11 0.075 0.550661
2016-06-13 0.075 0.575153
2016-05-12 0.075 0.577812
2016-04-11 0.075 0.591949
2016-03-11 0.075 0.579598
2016-02-11 0.075 0.677507
2016-01-14 0.075 0.667260
2015-12-11 0.075 0.710900
2015-11-12 0.075 0.672043
2015-10-13 0.075 0.671441
2015-09-11 0.075 0.702247
2015-08-13 0.075 0.656743
2015-07-13 0.075 0.652742
2015-06-11 0.075 0.635593
2015-05-11 0.075 0.608766
2015-04-13 0.075 0.579598
2015-03-12 0.075 0.564334
2015-02-11 0.075 0.561377
2015-01-12 0.075 0.564334
2014-12-11 0.075 0.561798
2014-11-13 0.075 0.561798
2014-10-14 0.075 0.611247
2014-09-11 0.075 0.585023
2014-08-11 0.075 0.602410
2014-07-11 0.075 0.579598
2014-06-12 0.075 0.585480
2014-05-12 0.075 0.586396
2014-04-11 0.075 0.593824
2014-03-13 0.075 0.609756
2014-02-13 0.075 0.612745
2014-01-13 0.075 0.628667
2013-12-12 0.075 0.652174
2013-11-12 0.075 0.622407
2013-10-10 0.075 0.632911
2013-09-13 0.075 0.619835
2013-08-12 0.075 0.602410
2013-07-11 0.075 0.622407
2013-06-13 0.075 0.637213
2013-05-13 0.075 0.609756
2013-04-12 0.075 0.628667
2013-03-12 0.075 0.634518
2013-02-11 0.075 0.642123
2013-01-11 0.075 0.651607
2012-12-13 0.075 0.666667
2012-11-13 0.075 0.667260
2012-10-11 0.075 0.627090
2012-09-14 0.075 0.622407
2012-08-10 0.075 0.616776
2012-07-12 0.075 0.649913
2012-06-11 0.075 0.672043
2012-05-11 0.075 0.644884
2012-04-12 0.075 0.655022
2012-03-12 0.075 0.632911
2012-02-13 0.075 0.625000
2012-01-13 0.075 0.643225
2011-12-12 0.075 0.684932
2011-11-14 0.075 0.688705
2011-10-13 0.075 0.724638
2011-09-12 0.075 0.706215
2011-08-11 0.075 0.720461
2011-07-11 0.075 0.638842
2011-06-13 0.075 0.639932
2011-05-12 0.075 0.619323
2011-04-11 0.075 0.640478
2011-03-11 0.075 0.647110
2011-02-11 0.075 0.627090
2011-01-13 0.075 0.644884
2010-12-13 0.075 0.646552
2010-11-10 0.075 0.618812
2010-10-13 0.075 0.617792
2010-09-13 0.075 0.650477
2010-08-12 0.075 0.661376
2010-07-13 0.075 0.678733
2010-06-11 0.075 0.719770
2010-05-12 0.075 0.683060
2010-04-13 0.075 0.612245
2010-03-11 0.110 0.889248
2010-02-11 0.110 0.741240
2010-01-14 0.110 0.710594
2009-12-11 0.110 0.760719
2009-11-12 0.110 0.862745
2009-10-09 0.110 0.822123
2009-09-14 0.110 0.866142
2009-08-13 0.110 0.873709
2009-07-13 0.110 0.976909
2009-06-11 0.110 0.895765
2009-05-11 0.110 0.912106
2009-04-13 0.110 1.098901
2009-03-11 0.110 1.381910
2009-02-11 0.110 0.976043
2009-01-14 0.110 1.028037
2008-12-11 0.230 2.254902
2008-11-13 0.230 1.854839
2008-10-14 0.230 1.742424
2008-09-12 0.230 1.168699
2008-08-11 0.230 1.000000
2008-07-11 0.230 1.002615
2008-06-12 0.230 0.897736
2008-05-12 0.230 0.888031
2008-04-11 0.230 0.909091
2008-03-13 0.230 0.913423
2008-02-11 0.230 0.853432
2008-01-14 0.230 0.828530
2007-12-26 1.774 6.455604
2007-12-13 0.230 0.827041
2007-11-13 0.230 0.779661
2007-10-11 0.230 0.833333
2007-09-13 0.230 0.841566
2007-08-13 0.230 0.828232
2007-07-12 0.200 0.731797
2007-06-11 0.200 0.732869
2007-05-11 0.200 0.719942
2007-04-12 0.200 0.679348
2007-03-12 0.200 0.732601
2007-02-12 0.200 0.743494
2007-01-12 0.200 0.787092
2006-12-27 1.398 5.014347
2006-12-11 0.200 0.753296
2006-11-13 0.200 0.743771
2006-10-12 0.200 0.771903
2006-09-11 0.167 0.694098
2006-08-11 0.167 0.736981
2006-07-13 0.167 0.755656
2006-06-12 0.167 0.795617
2006-05-11 0.167 0.791469
2006-04-13 0.167 0.826324
2006-03-10 0.125 0.611845
2006-02-10 0.125 0.612745
2006-01-13 0.125 0.623752
2005-12-28 2.791 14.498701
2005-12-12 0.125 0.579777
2005-11-10 0.125 0.585480
2005-10-13 1.075 5.099621
2005-09-12 0.108 0.472441
2005-08-11 0.108 0.490686
2005-07-11 0.108 0.487585
2005-06-13 0.100 0.482625
2005-05-12 0.100 0.510465
2005-04-11 0.100 0.487329
2005-03-10 0.100 0.487092
2005-02-11 0.100 0.485437
2005-01-13 0.100 0.490918
2004-12-29 0.360 1.737452
2004-12-13 0.100 0.501002
2004-11-10 0.100 0.513611
2004-10-13 0.100 0.538213
2004-09-13 0.100 0.539374
2004-08-12 0.100 0.564972
2004-07-13 0.100 0.563380
2004-06-24 0.100 0.524659
Additional Data
dividendRate 1.05
dividendYield 8.64
exDividendDate 2026-07-10
trailingAnnualDividendRate 0.976
trailingAnnualDividendYield 0.08020314
lastDividendValue 0.088
lastDividendDate 2026-07-10
dividendDate 2019-03-01

Info Dump

Attribute Value
52 Week Change 0.05094993
Address1 1,415 Vantage Park Drive
Address2 3rd Floor
All Time High 29.9
All Time Low 6.65
Ask 12.65
Ask Size 100
Average Daily Volume10 Day 23,160
Average Daily Volume3 Month 23,081
Average Volume 23,081
Average Volume10Days 23,160
Beta 0.79
Bid 11.61
Bid Size 200
Book Value 13.934
City Charlotte
Country United States
Crypto Tradeable 0
Currency USD
Current Price 12.09
Current Ratio 0.049
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 12.163
Day Low 12.05
Debt To Equity 24.376
Dividend Date 1,551,398,400
Dividend Rate 1.05
Dividend Yield 8.64
Earnings Growth 1.079
Earnings Quarterly Growth 1.065
Earnings Timestamp End 1,745,924,340
Earnings Timestamp Start 1,745,924,340
Ebitda Margins 0.0
Enterprise To Revenue 23.463
Enterprise Value 136,780,800
Eps Trailing Twelve Months 2.51
Esg Populated 0
Ex Dividend Date 1,783,641,600
Exchange ASE
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 12.0238
Fifty Day Average Change 0.06620026
Fifty Day Average Change Percent 0.005505768
Fifty Two Week Change Percent 5.094993
Fifty Two Week High 13.07
Fifty Two Week High Change -0.97999954
Fifty Two Week High Change Percent -0.07498084
Fifty Two Week Low 11.5
Fifty Two Week Low Change 0.59000015
Fifty Two Week Low Change Percent 0.051304363
Fifty Two Week Range 11.5 - 13.07
Financial Currency USD
First Trade Date Milliseconds 1,083,159,000,000
Five Year Avg Dividend Yield 7.67
Free Cashflow 1,716,540
Full Exchange Name NYSE American
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 5,829,590
Has Pre Post Market Data 1
Held Percent Insiders 0.00051
Held Percent Institutions 0.15792
Implied Shares Outstanding 8,832,161
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,783,641,600
Last Dividend Value 0.088
Last Fiscal Year End 1,756,598,400
Long Business Summary Allspring Utilities and High Income Fund is a closed-ended balanced mutual fund launched and managed by Wells Fargo Funds Management LLC. It is co-managed by Crow Point Partners, LLC and Wells Capital Management Incorporated. The fund invests in the public equity and fixed income markets of the United States. It primarily invests in stocks of companies across all market capitalizations operating in utility sector including water, gas, electric, and telecommunications companies. For the fixed income component of its portfolio the fund seeks to invest in non-investment grade securities. Allspring Utilities and High Income Fund was formed on April 28, 2004 and is domiciled in the United States.
Long Name Allspring Utilities and High Income Fund
Market us_market
Market Cap 106,780,824
Market State POSTPOST
Max Age 86,400
Message Board Id finmb_8974665
Most Recent Quarter 1,772,236,800
Name Change Date 2,026-07-13
Net Income To Common 22,121,418
Next Fiscal Year End 1,788,134,400
Non Diluted Market Cap 107,479,450
Open 12.1
Operating Cashflow 9,259,164
Operating Margins 0.81538004
Payout Ratio 0.38979998
Phone 833 289 5038
Post Market Change -0.069999695
Post Market Change Percent -0.5789884
Post Market Price 12.02
Post Market Time 1,783,986,976
Prev Name Wells Fargo Advantage Utilities and High Income Fund
Previous Close 12.1691
Price Hint 2
Price To Book 0.86766183
Price To Sales Trailing12 Months 18.317038
Profit Margins 3.7946799
Quick Ratio 0.048
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.0790997
Regular Market Change Percent -0.650004
Regular Market Day High 12.163
Regular Market Day Low 12.05
Regular Market Day Range 12.05 - 12.163
Regular Market Open 12.1
Regular Market Previous Close 12.1691
Regular Market Price 12.09
Regular Market Time 1,783,972,794
Regular Market Volume 14,404
Return On Assets 0.01997
Return On Equity 0.18961
Revenue Growth -0.06
Revenue Per Share 0.66
Sand P52 Week Change 0.20847368
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 8,832,161
Shares Percent Shares Out 0.0001
Shares Short 3,071
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 8,718
Short Name 40,135
Short Ratio 0.03
Source Interval 15
State NC
Symbol ERH
Total Cash 26
Total Cash Per Share 0.0
Total Debt 30,000,000
Total Revenue 5,829,590
Tradeable 0
Trailing Annual Dividend Rate 0.976
Trailing Annual Dividend Yield 0.08020314
Trailing Eps 2.51
Trailing P E 4.8167334
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 12.20585
Two Hundred Day Average Change -0.115849495
Two Hundred Day Average Change Percent -0.0094913095
Type Disp Equity
Volume 14,404
Zip 28,203