ERH
Price:
$11.052
Market Cap:
$102.70M
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.[Read more]
Industry
Asset Management - Income
IPO Date
2004-04-28
Stock Exchange
AMEX
Ticker
ERH
According to Allspring Utilities and High Income Fund’s latest financial reports and current stock price. The company's current ROE is 19.25%. This represents a change of 1.33% compared to the average of 1.35% of the last 4 quarters.
The mean historical ROE of Allspring Utilities and High Income Fund over the last ten years is 5.23%. The current 19.25% ROE has changed 267.87% with respect to the historical average. Over the past ten years (40 quarters), ERH's ROE was at its highest in in the August 2024 quarter at 17.26%. The ROE was at its lowest in in the February 2023 quarter at -11.71%.
Average
5.23%
Median
6.73%
Minimum
-13.37%
Maximum
18.05%
Discovering the peaks and valleys of Allspring Utilities and High Income Fund ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 14.61%
Maximum Annual ROE = 18.05%
Minimum Annual Increase = -989.27%
Minimum Annual ROE = -13.37%
Year | ROE | Change |
---|---|---|
2024 | 18.05% | -235.02% |
2023 | -13.37% | -435.11% |
2022 | 3.99% | -75.50% |
2021 | 16.28% | 14.61% |
2020 | 0.11% | -98.98% |
2019 | 10.88% | -989.27% |
2018 | -1.22% | -110.11% |
2017 | 12.11% | 27.87% |
2016 | 9.47% | -339.36% |
2015 | -3.96% | -121.97% |
The current ROE of Allspring Utilities and High Income Fund (ERH) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
2.89%
5-year avg
5.01%
10-year avg
5.23%
Allspring Utilities and High Income Fund’s ROE is less than Wells Fargo Advantage Funds - Allspring Income Opportunities Fund (24.93%), less than Wells Fargo Advantage Funds - Allspring Global Dividend Opportunity Fund (20.64%), less than Blackstone / GSO Senior Floating Rate Term Fund (12.39%), less than John Hancock Preferred Income Fund (14.38%), less than Allspring Multi-Sector Income Fund (8.46%), less than BNY Mellon High Yield Strategies Fund (14.22%), less than Pioneer High Income Fund, Inc. (25.87%), less than Virtus Convertible & Income Fund II (3.60%), less than Macquarie/First Trust Global Infrastructure/Utilities Dividend & Income Fund (2.95%), less than First Trust Senior Floating Rate Income Fund II (14.50%), greater than Nuveen Floating Rate Income Opportunity Fund (-2.65%), greater than Nuveen Senior Income Fund (-4.71%), less than Western Asset Global Corporate Defined Opportunity Fund Inc. (4.94%), less than Western Asset Global High Income Fund Inc. (14.81%), less than Virtus Convertible & Income Fund (3.94%), less than BlackRock MuniVest Fund, Inc. (5.73%), less than MFS High Income Municipal Trust (4.73%), less than Franklin Limited Duration Income Trust (12.82%),
Company | ROE | Market cap |
---|---|---|
24.93% | $411.28M | |
20.64% | $212.95M | |
12.39% | $189.66M | |
14.38% | $456.87M | |
8.46% | $254.00M | |
14.22% | $192.75M | |
25.87% | $230.62M | |
3.60% | $248.14M | |
2.95% | $72.23M | |
14.50% | $270.23M | |
-2.65% | $319.46M | |
-4.71% | $177.61M | |
4.94% | $172.36M | |
14.81% | $151.57M | |
3.94% | $330.77M | |
5.73% | $450.34M | |
4.73% | $119.17M | |
12.82% | $266.68M |
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