Allspring Utilities and High Income Fund
$11.83
$-0.06 (-0.50%)
Jan 5, 2026
Price History (1Y)
Analysis
Allspring Utilities and High Income Fund (ERH) operates within the Financial Services sector, specifically in the Asset Management industry. The company's market capitalization is $105.21 million. The fund's financial health appears to be strong, with high profitability metrics. Gross margin reaches 100.0%, operating margin stands at 81.4%, and profit margin is substantial at 375.6%. However, the current ratio is low at 0.07, indicating limited liquidity. The debt-to-equity ratio is 26.36, which may raise some concerns about leverage. The company's valuation context reveals a relatively low P/E ratio of 7.00. Revenue growth has been negative over the past year, with an 8.3% decline in year-over-year revenue. Earnings growth has also been weak, falling by 54.2%. The dividend yield is exceptionally high at 816.0%, while the payout ratio is moderate at 52.4%.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Allspring Utilities and High Income Fund
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.
Key Statistics
- Market Cap
- $105.21M
- P/E Ratio
- 7.00
- 52-Week High
- $13.07
- 52-Week Low
- $9.98
- Avg Volume
- 22.56K
- Dividend Yield
- 816.00%
Company Info
- Industry
- Asset Management
- Exchange
- ASE
- Country
- United States