Allspring Announces Change to Utilities and High Income Fund Portfolio Management Team
CHARLOTTE, N.C., Jan. 24, 2024 /PRNewswire/ -- Effective immediately, Andy Smith, CFA, will be added as a portfolio manager of the Allspring Utilities and High Income Fund (NYSE American: ERH).
- CHARLOTTE, N.C., Jan. 24, 2024 /PRNewswire/ -- Effective immediately, Andy Smith, CFA, will be added as a portfolio manager of the Allspring Utilities and High Income Fund (NYSE American: ERH).
- There will be no changes to the investment philosophy or process as a result of this change.
- The Allspring Utilities and High Income Fund is a closed-end equity and high-yield bond fund.
- The fund's investment objective is to seek a high level of current income and moderate capital growth with an emphasis on providing tax-advantaged dividend income.