Utilities and High Income Fund | Allspring Global Investments The Utilities and High Income Fund seeks a high level of current income and moderate capital growth with an emphasis on providing tax-advantaged dividend income The fund allocates its assets between two separate investment strategies, or sleeves
Allspring Utilities and High Income Fund (ERH) Advances 1. 52%, Testing . . . Since futures often react quickly to news, they serve as a leading indicator in many cases The recent 1 52% advance in ERH comes amid a mixed backdrop for utilities and high-income securities As a closed-end fund focused on utilities and high-yield bonds, ERH often trades with sensitivity to interest rate expectations and sector rotation