Allspring Utilities and High Income Fund

Frequently Asked Questions About ERH

What does ERH invest in?

The Allspring Utilities and High Income Fund functions as a closed-end, balanced mutual fund, principally managed by Wells Fargo Funds Management LLC. Joint management is also provided by Crow Point Partners, LLC and Wells Capital Management Incorporated. This fund strategically deploys capital in both the public stock and bond markets across the United States. Its equity holdings predominantly comprise shares of utility sector enterprises, such as water, gas, electric, and telecommunications companies, irrespective of their market capitalization. Within its fixed income segment, the fund specifically targets high-yield, non-investment grade debt instruments. Launched on April 28, 2004, the fund is domiciled in the United States.

What is the expense ratio of ERH?

Allspring Utilities and High Income Fund (ERH) charges an expense ratio of 2.43%. This is the annual fee deducted from fund assets to cover management and operations.

What is ERH's dividend yield?

ERH's trailing-twelve-month yield is 8.46%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of ERH?

Effective duration measures ERH's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ERH's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of ERH?

ERH's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of ERH?

Yield to maturity (YTM) is the total return you'd earn from ERH if every bond in the portfolio is held to maturity at the current price. ERH's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.