Allspring Utilities and High Income Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
17.9%
1 yr return
22.0%
3 Yr Avg Return
-1.1%
5 Yr Avg Return
-0.3%
Net Assets
$124 M
Holdings in Top 10
43.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 34.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Closed-end mutual fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
XERHX - Profile
Distributions
- YTD Total Return 17.9%
- 3 Yr Annualized Total Return -1.1%
- 5 Yr Annualized Total Return -0.3%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.49%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAllspring Utilities and High Income Fund
-
Fund Family NameAllspring Global Investments
-
Inception DateApr 30, 2004
-
Shares Outstanding9290157
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerChristopher Lee
Fund Description
XERHX - Performance
Return Ranking - Trailing
Period | XERHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.9% | -2.2% | 80.8% | 6.25% |
1 Yr | 22.0% | -2.2% | 90.0% | 14.39% |
3 Yr | -1.1%* | -4.9% | 20.0% | 98.22% |
5 Yr | -0.3%* | -2.4% | 22.9% | 99.36% |
10 Yr | 2.4%* | 1.0% | 13.5% | 97.64% |
* Annualized
Return Ranking - Calendar
Period | XERHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.2% | -12.2% | 23.9% | 100.00% |
2022 | -11.4% | -34.7% | 2.8% | 7.66% |
2021 | 8.3% | -11.9% | 18.1% | 33.84% |
2020 | -3.3% | -20.9% | 39.7% | 97.30% |
2019 | 9.3% | 0.8% | 25.7% | 91.99% |
Total Return Ranking - Trailing
Period | XERHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 17.9% | -2.2% | 80.8% | 6.25% |
1 Yr | 22.0% | -2.2% | 90.0% | 14.39% |
3 Yr | -1.1%* | -4.9% | 20.0% | 98.22% |
5 Yr | -0.3%* | -2.4% | 22.9% | 99.36% |
10 Yr | 2.4%* | 1.0% | 13.5% | 97.64% |
* Annualized
Total Return Ranking - Calendar
Period | XERHX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -12.2% | -12.2% | 26.8% | 100.00% |
2022 | -11.4% | -29.0% | 10.9% | 20.77% |
2021 | 8.3% | -3.0% | 27.3% | 90.29% |
2020 | -3.3% | -19.5% | 40.6% | 98.57% |
2019 | 13.3% | 2.2% | 32.7% | 97.06% |
NAV & Total Return History
XERHX - Holdings
Concentration Analysis
XERHX | Category Low | Category High | XERHX % Rank | |
---|---|---|---|---|
Net Assets | 124 M | 861 K | 235 B | 82.01% |
Number of Holdings | 344 | 2 | 16015 | 27.39% |
Net Assets in Top 10 | 65.5 M | 859 K | 69.8 B | 80.72% |
Weighting of Top 10 | 43.38% | 10.8% | 122.7% | 57.39% |
Top 10 Holdings
- NextEra Energy Inc 10.00%
- Duke Energy Corp 4.49%
- Dominion Energy Inc 4.43%
- Sempra Energy 4.23%
- American Electric Power Co Inc 3.99%
- Southern Co 3.67%
- Exelon Corp 3.65%
- Xcel Energy Inc 3.46%
- Eversource Energy 3.41%
- American Water Works Co Inc 3.37%
Asset Allocation
Weighting | Return Low | Return High | XERHX % Rank | |
---|---|---|---|---|
Stocks | 68.19% | 0.00% | 100.16% | 54.64% |
Bonds | 29.77% | 0.00% | 74.58% | 33.33% |
Cash | 1.77% | -7.92% | 100.00% | 46.96% |
Convertible Bonds | 0.27% | 0.00% | 23.84% | 80.73% |
Preferred Stocks | 0.00% | 0.00% | 23.91% | 83.77% |
Other | 0.00% | -42.55% | 113.97% | 80.87% |
Stock Sector Breakdown
Weighting | Return Low | Return High | XERHX % Rank | |
---|---|---|---|---|
Utilities | 99.55% | 0.00% | 99.55% | 0.15% |
Energy | 0.25% | 0.00% | 85.65% | 92.83% |
Real Estate | 0.20% | 0.00% | 65.01% | 93.41% |
Technology | 0.00% | 0.00% | 44.21% | 99.41% |
Industrials | 0.00% | 0.00% | 24.37% | 99.41% |
Healthcare | 0.00% | 0.00% | 29.35% | 99.12% |
Financial Services | 0.00% | 0.00% | 38.77% | 99.12% |
Communication Services | 0.00% | 0.00% | 38.10% | 98.54% |
Consumer Defense | 0.00% | 0.00% | 15.14% | 99.12% |
Consumer Cyclical | 0.00% | 0.00% | 19.36% | 99.71% |
Basic Materials | 0.00% | 0.00% | 25.57% | 98.98% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | XERHX % Rank | |
---|---|---|---|---|
US | 68.19% | 0.00% | 100.16% | 48.99% |
Non US | 0.00% | 0.00% | 39.06% | 82.61% |
Bond Sector Breakdown
Weighting | Return Low | Return High | XERHX % Rank | |
---|---|---|---|---|
Corporate | 93.36% | 0.00% | 98.21% | 2.34% |
Cash & Equivalents | 5.55% | 0.00% | 99.92% | 17.97% |
Securitized | 1.10% | 0.00% | 92.13% | 82.77% |
Derivative | 0.00% | -2.87% | 42.43% | 71.88% |
Municipal | 0.00% | 0.00% | 24.80% | 90.51% |
Government | 0.00% | 0.00% | 97.26% | 97.66% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | XERHX % Rank | |
---|---|---|---|---|
US | 26.77% | 0.00% | 74.58% | 37.97% |
Non US | 3.00% | 0.00% | 15.37% | 3.33% |
XERHX - Expenses
Operational Fees
XERHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.09% | 0.03% | 17.63% | 42.36% |
Management Fee | 0.50% | 0.00% | 1.83% | 57.55% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
XERHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
XERHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
XERHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 34.00% | 0.83% | 343.00% | 43.65% |
XERHX - Distributions
Dividend Yield Analysis
XERHX | Category Low | Category High | XERHX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 17.90% | 100.00% |
Dividend Distribution Analysis
XERHX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annual | Monthly | Annual |
Net Income Ratio Analysis
XERHX | Category Low | Category High | XERHX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.49% | -2.34% | 13.92% | 3.69% |
Capital Gain Distribution Analysis
XERHX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Monthly | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 13, 2019 | $0.075 | OrdinaryDividend |
May 13, 2019 | $0.075 | OrdinaryDividend |
Apr 11, 2019 | $0.075 | OrdinaryDividend |
Mar 11, 2019 | $0.075 | OrdinaryDividend |
Feb 13, 2019 | $0.075 | OrdinaryDividend |
Jan 15, 2019 | $0.075 | OrdinaryDividend |
Dec 14, 2018 | $0.075 | OrdinaryDividend |
Nov 13, 2018 | $0.075 | OrdinaryDividend |
Oct 12, 2018 | $0.075 | OrdinaryDividend |
Sep 14, 2018 | $0.075 | OrdinaryDividend |
Aug 14, 2018 | $0.075 | OrdinaryDividend |
Jul 13, 2018 | $0.075 | OrdinaryDividend |
Jun 12, 2018 | $0.075 | OrdinaryDividend |
May 14, 2018 | $0.075 | OrdinaryDividend |
Apr 13, 2018 | $0.075 | OrdinaryDividend |
Mar 13, 2018 | $0.075 | OrdinaryDividend |
Feb 13, 2018 | $0.075 | OrdinaryDividend |
Jan 16, 2018 | $0.075 | OrdinaryDividend |
Dec 12, 2017 | $0.075 | OrdinaryDividend |
Nov 14, 2017 | $0.075 | OrdinaryDividend |
Oct 13, 2017 | $0.075 | OrdinaryDividend |
Sep 12, 2017 | $0.075 | OrdinaryDividend |
Aug 11, 2017 | $0.075 | OrdinaryDividend |
Jul 13, 2017 | $0.075 | OrdinaryDividend |
Jun 12, 2017 | $0.075 | OrdinaryDividend |
May 16, 2017 | $0.075 | OrdinaryDividend |
Apr 13, 2017 | $0.075 | OrdinaryDividend |
Mar 13, 2017 | $0.075 | OrdinaryDividend |
Feb 13, 2017 | $0.075 | OrdinaryDividend |
Jan 12, 2017 | $0.075 | OrdinaryDividend |
Dec 12, 2016 | $0.075 | OrdinaryDividend |
Nov 14, 2016 | $0.075 | OrdinaryDividend |
Oct 13, 2016 | $0.075 | OrdinaryDividend |
Sep 12, 2016 | $0.075 | OrdinaryDividend |
Aug 11, 2016 | $0.075 | OrdinaryDividend |
Jul 11, 2016 | $0.075 | OrdinaryDividend |
Jun 13, 2016 | $0.075 | OrdinaryDividend |
May 12, 2016 | $0.075 | OrdinaryDividend |
Apr 11, 2016 | $0.075 | OrdinaryDividend |
Mar 11, 2016 | $0.075 | OrdinaryDividend |
Feb 11, 2016 | $0.075 | OrdinaryDividend |
Jan 14, 2016 | $0.075 | OrdinaryDividend |
Dec 11, 2015 | $0.075 | OrdinaryDividend |
Nov 12, 2015 | $0.075 | OrdinaryDividend |
Oct 13, 2015 | $0.075 | OrdinaryDividend |
Sep 11, 2015 | $0.075 | OrdinaryDividend |
Aug 13, 2015 | $0.075 | OrdinaryDividend |
Jul 13, 2015 | $0.075 | OrdinaryDividend |
Jun 11, 2015 | $0.075 | OrdinaryDividend |
May 11, 2015 | $0.075 | OrdinaryDividend |
Apr 13, 2015 | $0.075 | OrdinaryDividend |
Mar 12, 2015 | $0.075 | OrdinaryDividend |
Feb 11, 2015 | $0.075 | OrdinaryDividend |
Jan 12, 2015 | $0.075 | OrdinaryDividend |
Dec 11, 2014 | $0.075 | OrdinaryDividend |
Nov 13, 2014 | $0.075 | OrdinaryDividend |
Oct 14, 2014 | $0.075 | OrdinaryDividend |
Sep 11, 2014 | $0.075 | OrdinaryDividend |
Aug 11, 2014 | $0.075 | OrdinaryDividend |
Jul 11, 2014 | $0.075 | OrdinaryDividend |
Jun 12, 2014 | $0.075 | OrdinaryDividend |
May 12, 2014 | $0.075 | OrdinaryDividend |
Apr 11, 2014 | $0.075 | OrdinaryDividend |
Mar 13, 2014 | $0.075 | OrdinaryDividend |
Feb 13, 2014 | $0.075 | OrdinaryDividend |
Jan 13, 2014 | $0.075 | OrdinaryDividend |
Dec 12, 2013 | $0.075 | OrdinaryDividend |
Nov 12, 2013 | $0.075 | OrdinaryDividend |
Oct 10, 2013 | $0.075 | OrdinaryDividend |
Sep 13, 2013 | $0.075 | OrdinaryDividend |
Aug 12, 2013 | $0.075 | OrdinaryDividend |
Jul 11, 2013 | $0.075 | OrdinaryDividend |
Jun 13, 2013 | $0.075 | OrdinaryDividend |
May 13, 2013 | $0.075 | OrdinaryDividend |
Apr 12, 2013 | $0.075 | OrdinaryDividend |
Mar 12, 2013 | $0.075 | OrdinaryDividend |
Feb 11, 2013 | $0.075 | OrdinaryDividend |
Jan 11, 2013 | $0.075 | OrdinaryDividend |
Dec 13, 2012 | $0.075 | OrdinaryDividend |
Nov 13, 2012 | $0.075 | OrdinaryDividend |
Oct 11, 2012 | $0.075 | OrdinaryDividend |
Sep 14, 2012 | $0.075 | OrdinaryDividend |
Aug 10, 2012 | $0.075 | OrdinaryDividend |
Jul 12, 2012 | $0.075 | OrdinaryDividend |
Jun 11, 2012 | $0.075 | OrdinaryDividend |
May 11, 2012 | $0.075 | OrdinaryDividend |
Apr 12, 2012 | $0.075 | OrdinaryDividend |
Mar 12, 2012 | $0.075 | OrdinaryDividend |
Feb 13, 2012 | $0.075 | OrdinaryDividend |
Jan 13, 2012 | $0.075 | OrdinaryDividend |
Dec 12, 2011 | $0.075 | OrdinaryDividend |
Nov 14, 2011 | $0.075 | OrdinaryDividend |
Oct 13, 2011 | $0.075 | OrdinaryDividend |
Sep 12, 2011 | $0.075 | OrdinaryDividend |
Aug 11, 2011 | $0.075 | OrdinaryDividend |
Jul 11, 2011 | $0.075 | OrdinaryDividend |
Jun 13, 2011 | $0.075 | OrdinaryDividend |
May 12, 2011 | $0.075 | OrdinaryDividend |
Apr 11, 2011 | $0.075 | OrdinaryDividend |
Mar 11, 2011 | $0.075 | OrdinaryDividend |
Feb 11, 2011 | $0.075 | OrdinaryDividend |
Jan 13, 2011 | $0.075 | OrdinaryDividend |
Dec 13, 2010 | $0.075 | OrdinaryDividend |
Nov 10, 2010 | $0.075 | OrdinaryDividend |
Oct 13, 2010 | $0.075 | OrdinaryDividend |
Sep 13, 2010 | $0.075 | OrdinaryDividend |
Aug 12, 2010 | $0.075 | OrdinaryDividend |
Jul 13, 2010 | $0.075 | OrdinaryDividend |
Jun 11, 2010 | $0.075 | OrdinaryDividend |
May 12, 2010 | $0.075 | OrdinaryDividend |
Apr 13, 2010 | $0.075 | OrdinaryDividend |
Mar 11, 2010 | $0.110 | OrdinaryDividend |
Feb 11, 2010 | $0.110 | OrdinaryDividend |
Jan 14, 2010 | $0.110 | OrdinaryDividend |
Dec 11, 2009 | $0.110 | OrdinaryDividend |
Nov 12, 2009 | $0.110 | OrdinaryDividend |
Oct 09, 2009 | $0.110 | OrdinaryDividend |
Sep 14, 2009 | $0.110 | OrdinaryDividend |
Aug 13, 2009 | $0.110 | OrdinaryDividend |
Jul 13, 2009 | $0.110 | OrdinaryDividend |
Jun 11, 2009 | $0.110 | OrdinaryDividend |
May 11, 2009 | $0.110 | OrdinaryDividend |
Apr 13, 2009 | $0.110 | OrdinaryDividend |
Mar 11, 2009 | $0.110 | OrdinaryDividend |
Feb 11, 2009 | $0.110 | OrdinaryDividend |
Jan 14, 2009 | $0.110 | OrdinaryDividend |
Dec 11, 2008 | $0.230 | OrdinaryDividend |
Nov 13, 2008 | $0.230 | OrdinaryDividend |
Oct 14, 2008 | $0.230 | OrdinaryDividend |
Sep 12, 2008 | $0.230 | OrdinaryDividend |
Aug 11, 2008 | $0.230 | OrdinaryDividend |
Jul 11, 2008 | $0.230 | OrdinaryDividend |
Jun 12, 2008 | $0.230 | OrdinaryDividend |
May 12, 2008 | $0.230 | OrdinaryDividend |
Apr 11, 2008 | $0.230 | OrdinaryDividend |
Mar 13, 2008 | $0.230 | OrdinaryDividend |
Feb 11, 2008 | $0.230 | OrdinaryDividend |
Jan 14, 2008 | $0.230 | OrdinaryDividend |
Dec 26, 2007 | $1.774 | CapitalGainLongTerm |
Dec 13, 2007 | $0.230 | OrdinaryDividend |
Nov 13, 2007 | $0.230 | OrdinaryDividend |
Oct 11, 2007 | $0.230 | OrdinaryDividend |
Sep 13, 2007 | $0.230 | OrdinaryDividend |
Aug 13, 2007 | $0.230 | OrdinaryDividend |
Jul 12, 2007 | $0.200 | OrdinaryDividend |
Jun 11, 2007 | $0.200 | OrdinaryDividend |
May 11, 2007 | $0.200 | OrdinaryDividend |
Apr 12, 2007 | $0.200 | OrdinaryDividend |
Mar 12, 2007 | $0.200 | OrdinaryDividend |
Feb 12, 2007 | $0.200 | OrdinaryDividend |
Jan 12, 2007 | $0.200 | OrdinaryDividend |
Dec 27, 2006 | $1.398 | ExtraDividend |
Dec 11, 2006 | $0.200 | OrdinaryDividend |
Nov 13, 2006 | $0.200 | OrdinaryDividend |
Oct 12, 2006 | $0.200 | OrdinaryDividend |
Sep 11, 2006 | $0.167 | OrdinaryDividend |
Aug 11, 2006 | $0.167 | OrdinaryDividend |
Jul 13, 2006 | $0.167 | OrdinaryDividend |
Jun 12, 2006 | $0.167 | OrdinaryDividend |
May 11, 2006 | $0.167 | OrdinaryDividend |
Apr 13, 2006 | $0.167 | OrdinaryDividend |
Mar 10, 2006 | $0.125 | OrdinaryDividend |
Feb 10, 2006 | $0.125 | OrdinaryDividend |
Jan 13, 2006 | $0.125 | OrdinaryDividend |
Dec 28, 2005 | $1.073 | ExtraDividend |
Dec 28, 2005 | $1.592 | CapitalGainShortTerm |
Dec 28, 2005 | $0.127 | CapitalGainLongTerm |
Dec 12, 2005 | $0.125 | OrdinaryDividend |
Nov 10, 2005 | $0.125 | OrdinaryDividend |
Oct 13, 2005 | $0.950 | CapitalGainLongTerm |
Oct 13, 2005 | $0.125 | OrdinaryDividend |
Sep 12, 2005 | $0.108 | OrdinaryDividend |
Aug 11, 2005 | $0.108 | OrdinaryDividend |
Jul 11, 2005 | $0.108 | OrdinaryDividend |
Jun 13, 2005 | $0.100 | OrdinaryDividend |
May 12, 2005 | $0.100 | OrdinaryDividend |
Apr 11, 2005 | $0.100 | OrdinaryDividend |
Mar 10, 2005 | $0.100 | OrdinaryDividend |
Feb 11, 2005 | $0.100 | OrdinaryDividend |
Jan 13, 2005 | $0.100 | OrdinaryDividend |
Dec 29, 2004 | $0.360 | ExtraDividend |
Dec 13, 2004 | $0.100 | OrdinaryDividend |
Nov 10, 2004 | $0.100 | OrdinaryDividend |
Oct 13, 2004 | $0.100 | OrdinaryDividend |
Sep 13, 2004 | $0.100 | OrdinaryDividend |
Aug 12, 2004 | $0.100 | OrdinaryDividend |
Jul 13, 2004 | $0.100 | OrdinaryDividend |
Jun 24, 2004 | $0.100 | OrdinaryDividend |
XERHX - Fund Manager Analysis
Managers
Christopher Lee
Start Date
Tenure
Tenure Rank
Aug 06, 2020
1.82
1.8%
Chris Lee is a senior portfolio manager for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He also served as head of high-yield trading for the WFAM U.S. High Yield Fixed Income team. Prior to this, he served as a managing director, co-portfolio manager, and head of trading for Silver Lake Credit. Preceding this, he was a senior analyst and portfolio manager for the U.S. High Yield team at WFAM.
Michael Schueller
Start Date
Tenure
Tenure Rank
Aug 06, 2020
1.82
1.8%
Michael (Mike) Schueller is a senior portfolio manager for the Plus Fixed Income team at Allspring Global Investments. He joined Allspring from its predecessor firm, Wells Fargo Asset Management (WFAM). He joined WFAM as a senior investment research analyst from Strong Capital Management, where he held a similar position. Mike rejoined Strong in 2000, having left the firm to start a trust department for Community Bank & Trust in Sheboygan, Wisconsin. Before that, he served as associate counsel for Strong’s legal department. Prior to this, Mike practiced law with Reinhart, Boerner, Van Deuren, Norris & Rieselbach, S.C., in Milwaukee, specializing in corporate reorganizations, mergers, and acquisitions. He began his investment industry career in 1998. Mike earned a bachelor’s degree in economics from the University of Minnesota and a law degree from the University of Wisconsin, Madison. He has earned the right to use the Chartered Financial Analyst® (CFA®) designation.
Kent Newcomb
Start Date
Tenure
Tenure Rank
Aug 31, 2021
0.75
0.8%
Mr. Newcomb joined Wells Capital Management in 2018. Prior to 2018, Mr. Newcomb worked at Wells Fargo Advisors or an affiliate since 2011. Mr. Newcomb is a portfolio manager of the Wells Fargo Asset Management Compass Equity team, where he manages the Managed DSIP plan portfolios.
Jack Spudich
Start Date
Tenure
Tenure Rank
Aug 31, 2021
0.75
0.8%
Mr. Spudich joined Wells Capital Management in 2018. Prior to 2018, Mr. Spudich was employed by Wells Fargo Advisors since 2009. Mr. Spudich is a portfolio manager and team leader of the Wells Fargo Asset Management Compass Equity team, where he co-manages the managed DSIP, current equity income, and income multi-asset portfolios.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.37 | 2.41 |