Welcome to our dedicated page for Allspring Util & High Income news (Ticker: ERH), a resource for investors and traders seeking the latest updates and insights on Allspring Util & High Income stock.
Allspring Util & High Income Fund (ERH) provides investors with tax-advantaged income through its unique combination of utility equities and high-yield debt investments. This news hub offers essential updates on the closed-end fund's strategic decisions and market positioning.
Access authoritative coverage of ERH's quarterly distributions, portfolio rebalancing, and sector-specific developments. Our curated collection includes official press releases, regulatory filings, and market analyses relevant to the fund's dual-sleeve investment approach.
Key updates feature earnings announcements, changes to the managed distribution plan, and insights into utility sector trends. Investors will find detailed reporting on credit facility utilization, dividend declarations, and NAV fluctuations that shape the fund's income generation strategy.
Bookmark this page for continuous access to verified information about ERH's performance in evolving markets. Monitor critical developments affecting your utility sector and high-yield debt exposure through our maintained news feed.
Allspring Global Investments has announced monthly distributions for three of its closed-end funds on April 25, 2025. The Allspring Income Opportunities Fund (EAD) declared a distribution of $0.05357 per share, showing a slight increase of $0.00001. The distributions will be payable on June 2, 2025, with an ex-dividend date of May 12, 2025.
The funds operate under a managed distribution plan with annual minimum fixed rates: 8.75% for EAD and the Multi-Sector Income Fund, and 8.00% for the Utilities and High Income Fund. These rates are based on the fund's average monthly NAV over the prior 12 months. Distributions may be sourced from income, paid-in capital, and/or capital gains.
EAD is specifically structured as a closed-end high-yield bond fund, focusing primarily on generating high current income, with capital appreciation as a secondary objective.
Allspring Utilities and High Income Fund (ERH) has released its monthly distribution notice for March 2025. The fund distributed $0.07724 per share, with 75% from net investment income and 25% from paid-in capital. For the fiscal year-to-date, total distributions were $0.49113 per share, comprising 46.30% from net investment income and 53.70% from paid-in capital.
The fund operates under a managed distribution plan targeting an annual minimum fixed rate of 7.0% based on average monthly NAV. As of February 28, 2025, ERH reported a NAV of $12.40 with a 5-year annualized return of 7.72% and a fiscal year-to-date return of 6.82%. The fund's investment objective focuses on high current income and moderate capital growth, emphasizing tax-advantaged dividend income.
Allspring Global Investments has announced monthly distributions for three closed-end funds. The Allspring Income Opportunities Fund (EAD), Multi-Sector Income Fund (ERC), and Utilities and High Income Fund (ERH) will distribute payments on May 1, 2025, with an ex-dividend date of April 11, 2025.
The funds operate under a managed distribution plan with annual minimum fixed rates: 8.75% for EAD and ERC, and 8.00% for ERH, based on 12-month average NAV. Distributions may come from income, paid-in capital, and/or capital gains, and should not be used as a performance indicator.
Each fund has specific objectives: EAD focuses on high-yield bonds for current income, ERC seeks income while limiting domestic interest rate risk, and ERH targets current income and moderate capital growth with tax-advantaged dividend income through equity and high-yield bonds.
Allspring Global Investments has announced monthly distributions for three of its closed-end funds. The Allspring Income Opportunities Fund (EAD) will distribute $0.05340 per share (+$0.00009), the Multi-Sector Income Fund (ERC) will distribute $0.07284 per share (-$0.00009), and the Utilities and High Income Fund (ERH) will distribute $0.07626 per share (+$0.00089).
The distributions are part of a managed distribution plan providing annual minimum fixed rates of 8.75% for EAD and ERC, and 8.00% for ERH, based on 12-month average NAV. Key dates include: ex-dividend and record date on February 13, 2025, with payment on March 3, 2025.
These closed-end funds are only available through secondary market broker-dealers. Distributions may come from income, paid-in capital, and/or capital gains, and shouldn't be used as a performance measure. The funds utilize leverage through revolving credit facilities and may face risks associated with equity securities, debt securities, and foreign investments.
Allspring has declared monthly distributions for three closed-end funds: Income Opportunities Fund (EAD), Multi-Sector Income Fund (ERC), and Utilities and High Income Fund (ERH). The distributions per share are $0.05331, $0.07293, and $0.07537 respectively, with slight increases from prior distributions.
The distributions are made under a managed distribution plan with annual minimum fixed rates of 8.75% for EAD and ERC, and 8.00% for ERH, based on 12-month average NAV. The declaration date is December 27, 2024, with an ex-dividend and record date of January 13, 2025, and payable date of February 3, 2025.
These funds are now only available through broker-dealers on the secondary market and focus on different investment objectives including high-yield bonds, income generation, and tax-advantaged dividend income.
Allspring Utilities and High Income Fund (ERH) has released its monthly distribution notice, indicating that a portion of the distribution may be a return of capital. The Fund's current month distribution of $0.06347 per share comprises 93% from net investment income and 7% from paid-in capital. Fiscal year-to-date distributions total $0.18812, with 47.50% from net investment income and 52.50% from paid-in capital. The Fund maintains a managed distribution plan with an annual minimum fixed rate of 7.0% based on average monthly NAV. As of October 31, 2024, the Fund showed a 5-year NAV return of 12.51% and a fiscal YTD return of 5.96%.
Allspring has declared monthly distributions for three closed-end funds. The Income Opportunities Fund (EAD) will distribute $0.05270 per share, the Multi-Sector Income Fund (ERC) $0.06620, and the Utilities and High Income Fund (ERH) $0.06347. All distributions show slight increases from prior amounts.
The distributions are part of a managed distribution plan providing annual minimum fixed rates of 8.75% for EAD, 8.00% for ERC, and 7.00% for ERH, based on 12-month average NAV. The declaration date is October 25, 2024, with payment scheduled for December 2, 2024.
Allspring Global Investments has announced monthly distributions for three of its closed-end funds: Allspring Income Opportunities Fund (EAD), Allspring Multi-Sector Income Fund (ERC), and Allspring Utilities and High Income Fund (ERH). The distributions per share are $0.05247, $0.06599, and $0.06258 respectively, with slight increases from prior distributions.
These funds operate under managed distribution plans, targeting annual minimum fixed rates of 8.75% for EAD, 8.00% for ERC, and 7.00% for ERH, based on average monthly NAV. Distributions may come from income, paid-in capital, or capital gains. The ex-dividend date is October 15, 2024, with payments scheduled for November 1, 2024.
Each fund has specific investment objectives, ranging from high current income to moderate capital growth. Investors are reminded that distribution amounts should not be used to measure performance and that shares may trade at premiums or discounts to NAV in the secondary market.
Allspring Global Investments has announced monthly distributions for three closed-end funds: Allspring Income Opportunities Fund (EAD), Allspring Multi-Sector Income Fund (ERC), and Allspring Utilities and High Income Fund (ERH). The distributions per share are $0.05221, $0.06589, and $0.06204 respectively, with slight increases from prior distributions.
Key dates include:
- Declaration date: July 26, 2024
- Ex-dividend date: August 12, 2024
- Record date: August 12, 2024
- Payable date: September 3, 2024
These funds operate under managed distribution plans, providing monthly distributions at fixed annual rates based on average monthly NAV. Distributions may come from income, paid-in capital, or capital gains. Investors are cautioned that distribution amounts should not be used to measure fund performance.
On June 28, 2024, Allspring announced distributions for three of its closed-end funds. The Allspring Income Opportunities Fund (EAD) declared a monthly distribution of $0.05210 per share, up by $0.00013. The Allspring Multi-Sector Income Fund (ERC) announced $0.06586 per share, an increase of $0.00014, while the Allspring Utilities and High Income Fund (ERH) declared $0.06200 per share, up by $0.00003.
Important dates include the declaration date of June 28, 2024, the ex-dividend and record date of July 11, 2024, and the payable date of August 1, 2024. These funds follow a managed distribution plan with annual minimum fixed rates based on their NAVs: 7.00% for ERH, 8.75% for EAD, and 8.00% for ERC.
The sources of distributions can include income, paid-in capital, and/or capital gains, but should not be conflated with performance metrics. The Allspring Income Opportunities Fund focuses on high current income and potential capital appreciation. The Allspring Multi-Sector Income Fund aims for high income with interest rate risk, while the Allspring Utilities and High Income Fund targets high income and moderate capital growth with tax-advantaged dividends.
More information is available at Allspring's website.
