Allspring Utilities and High Income Fund (ERH)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Allspring Utilities and High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Allspring Utilities and High Income Fund (ERH) has returned 4.55% so far this year and 19.39% over the past 12 months. Over the last ten years, ERH has returned 7.07% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 28, 2004, ERH's average daily return is +0.04%, while the average monthly return is +0.73%. At this rate, your investment would double in approximately 7.9 years.

Historically, 59% of months were positive and 41% were negative. The best month was Dec 2009 with a return of +21.2%, while the worst month was Sep 2008 at -27.8%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 7 months.

On a daily basis, ERH closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +39.6%, while the worst single day was Oct 10, 2008 at -19.8%.

Allspring Utilities and High Income Fund has an annualized alpha of 3.82%, beta of 0.67, and R² of 0.23 versus S&P 500 Index. Calculated based on daily prices since April 29, 2004.

• This fund participated in 84.09% of S&P 500 Index downside but only 79.51% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.67 may look defensive, but with R² of 0.23 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.23 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ERH has a high expense ratio of 0.93%, indicating above-average management fees.

ERH ranks 68 for risk / return — better than 68% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Allspring Utilities and High Income Fund (ERH) and compare them to a chosen benchmark (S&P 500 Index).

Allspring Utilities and High Income Fund provided a 8.15% dividend yield over the last twelve months, with an annual payout of $0.99 per share.

The table displays the monthly dividend distributions for Allspring Utilities and High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Allspring Utilities and High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Allspring Utilities and High Income Fund was 69.81%, occurring on Mar 9, 2009. Recovery took 2036 trading sessions.

The current Allspring Utilities and High Income Fund drawdown is 5.32%.

The chart below shows the rolling one-month volatility.