NYSE American · Asset Management · USD

Allspring Utilities and High Income Fund (ERH) Stock Analysis

Allspring Utilities and High Income Fund (ERH) is a Asset Management stock listed on NYSE American and quoted in US Dollar.

ERH

$11.45

+$0.14 (+1.24%)

Sep 4, 2026 · Market close

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Price History

Hover for the daily close. The dotted line marks the period open.

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ERH Key Statistics

As of Sep 4, 2026

Trading

Open: $11.32
Previous Close: $11.31
Day's Range: 11.32–11.45
52-Week Range: 11.24–13.07
Volume: 11.90K
Beta: 0.78

Valuation

P/E Ratio: 4.56
EPS (ttm): 2.51

Financials (FY)

Revenue (FY): $20.00M
Net Income (FY): $19.61M
Profit margin: 379.47%
1-Year Return: +3.62%

Dividend and dates

Dividend: $1.06+9.33%
Ex-Dividend Date: September 11, 2026
Avg Volume: 25.99K

Only metrics the company reports are shown. Data provided by Yahoo Finance via yfinance. Updated daily.

ERH Stock Return by Calendar Year

Calendar-year returns computed from daily closing prices. Partial years are shown muted and marked with an asterisk.

+33.98%−18.37%+1.81%

2016*2017201820192020202120222023202420252026*

Year	Return
2026 (partial year)	+1.81%
2025	+19.83%
2024	+25.69%
2023	−10.51%
2022	−18.37%
2021	+22.12%
2020	−1.16%
2019	+33.98%
2018	−9.55%
2017	+18.32%
2016 (partial year)	−7.43%

As of September 4, 2026.

ERH Revenue and Earnings by Fiscal Year

FY ends August

RevenueNet income

2021202220232024

Fiscal year	Revenue	Net income	Net margin
2024	$20.00M	$19.61M	98.1%
2023	−$12.80M	−$13.20M	103.1%
2022	$5.16M	$4.79M	92.9%
2021	$20.49M	$20.13M	98.2%

Fiscal year	Revenue	Gross profit	Operating income	Net income	Net margin
2024	$20.00M	—	—	$19.61M	98.1%
2023	−$12.80M	—	—	−$13.20M	103.1%
2022	$5.16M	—	—	$4.79M	92.9%
2021	$20.49M	—	—	$20.13M	98.2%

Annual figures as reported, in the company's reporting currency. As of August 31, 2024.

ERH Dividend History

’16’17’18’19’20’21’22’23’24’25’26*

$0.96+25.4% vs 2024

Dividends per share, 2025 · 12 payments

Year	Dividends per share	Payments	Change
2026*	$0.69	8	—
2025	$0.96	12	+25.4%
2024	$0.77	12	−9.7%
2023	$0.85	12	−6.5%

Year	Dividends per share	Payments	Change
2026 (partial year)	$0.69	8	—
2025	$0.96	12	+25.4%
2024	$0.77	12	−9.7%
2023	$0.85	12	−6.5%
2022	$0.91	12	+5.1%
2021	$0.86	12	−6.7%
2020	$0.92	12	+1.4%
2019	$0.91	12	+10.4%
2018	$0.83	11	−8.3%
2017	$0.90	12	+200.0%
2016	$0.30	4	—

Most recent payment: $0.09 per share, ex-dividend August 13, 2026. Per-share amounts summed by calendar year from ex-dividend dates. Partial years are shown muted and marked with an asterisk.

ERH Valuation vs Asset Management Median

Median of 561 stocks

Metric	ERH	Asset Management median	vs median
P/E	4.56	10.34	56% below
Profit margin	379.47%	24.09%	355.4 pts above

Medians across 561 Asset Management stocks that report the metric. Medians, not averages, so one outlier cannot move them. As of September 4, 2026.

Analysis

Data-derived

Company Overview

The record here covers Allspring Utilities and High Income Fund, ticker ERH. The company sits in the Financial Services sector, in the Asset Management industry.

Over the past 52 weeks the price has ranged from $11.24 to $13.07. The most recent close on file for ERH is $11.45, dated September 4, 2026. That is +$0.14 (+1.24%) against the previous close. The latest close sits 1.87% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2024, shows revenue of $20.00M. The same year closed with net income of $19.61M. Profit margin runs at 379.47%. That is 355.4 percentage points above the Asset Management median of 24.09%. Trailing earnings per share are 2.51.

Across the 4 fiscal years on file, revenue moves from $20.49M in 2021 to $20.00M in 2024. Of those 4 years, 3 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 4.56 times earnings. That is 55.9% below the Asset Management median of 10.34. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

Beta against the wider market is reported at 0.78. Daily returns over the trailing 10 years annualize to a volatility of 19.72%. Over the trailing twelve months the price has returned +3.62%. Across 10 years the annualized return works out at +6.26%.

Growth & Income

ERH pays a dividend yielding 9.33%. That is 1.2 percentage points above the Asset Management median yield of 8.11%. At the indicated rate that is $1.06 a share a year. The ex-dividend date on file is September 11, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.69 a share. The year before, 2025, totalled $0.96 a share.

2026 is still running; the price is +1.81% year to date. Across the complete calendar years on file, 2019 returned +33.98% and 2022 returned −18.37%. Of the 9 complete calendar years on file, 5 finished higher.

Peer Comparison

Allspring Utilities and High Income Fund (ERH) operates in the Asset Management industry. Here is how it compares to its closest peers by market capitalization:

Company	Ticker	Market Cap	P/E Ratio
Allspring Utilities and High Income Fund	ERH	—	4.6
BlackRock, Inc.	BLK	$182.35B	26.9
Blackstone Inc.	BX	$162.74B	30.5
KKR & Co. Inc.	KKR	$99.50B	34.4

The Asset Management industry average P/E ratio is 10.3x. Allspring Utilities and High Income Fund trades at a P/E of 4.6.

Every figure above is read from this page's own data on each nightly rebuild. Informational only, not financial advice. As of September 4, 2026.

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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.