The Technical Analyst
Wells Fargo Utilities and [ERH]
Exchange: AMEX Industry: Asset Management
Wells Fargo Utilities and Price, Forecast, Insider, Ratings, Fundamentals & Signals
0.18% $9.98
America/New_York / 10 mai 2024 @ 15:57
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 92.69 mill |
| EPS: | -1.420 |
| P/E: | -7.02 |
| Earnings Date: | N/A |
| SharesOutstanding: | 9.29 mill |
| Avg Daily Volume: | 0.0344 mill |
| RATING 2024-05-10 |
|---|
| B |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Strong Sell | |
| Return On Equity: | Strong Sell | |
| Return On Asset: | Buy | |
| DE: | Sell | |
| P/E: | Strong Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/21 | 1/22 | 3/22 | 1/23 | 3/23 | 1/24 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt | n/a | n/a | n/a | n/a |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.00x |
| Company: PE -7.02 | sector: PE 12.30 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0x |
| Company: PE -7.02 | industry: PE -5.64 |
| DISCOUNTED CASH FLOW VALUE |
|---|
|
$-4.13 (-141.45%) $-14.11 |
| Date: 2024-05-12 |
| Expected Trading Range (DAY) |
|---|
|
$ 9.85 - 10.11 ( +/- 1.31%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-04-11 | Smith Andrew B | Buy | 0 | |
| 2024-01-09 | Ebsworth William R. | Sell | 1 400 | Common Shares |
| 2024-01-04 | Polisson James | Sell | 1 000 | Common Shares |
| 2023-06-01 | Polisson James | Buy | 1 000 | Common Shares |
| 2023-06-01 | Ebsworth William R. | Buy | 1 550 | Common Shares |
| INSIDER POWER |
|---|
| -17.97 |
| Last 24 transactions |
| Buy: 9 194 | Sell: 7 400 |
Forecast:
16:00 - $9.98
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $9.98
Forecast 2: 16:00 - $9.98
Forecast 3: 16:00 - $9.98
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $9.98 (0.18% ) |
| Volume | 0.0204 mill |
| Avg. Vol. | 0.0344 mill |
| % of Avg. Vol | 59.19 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For ERH
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
ERH
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.
Latest Press Releases
2024-04-26 08:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly Distributions
Charlotte, n.c. , april 26, 2024 /prnewswire/ -- the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), and the allspring utilities and high income fund (nyse american: erh) have each announced a distribution.
2024-03-28 08:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly Distributions
Charlotte, n.c. , march 28, 2024 /prnewswire/ --the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), and the allspring utilities and high income fund (nyse american: erh) have each announced a distribution.
2024-02-22 16:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly And Quarterly Distributions; Allspring Announces Change To Investment Strategy Guidelines For Two Closed-end Funds
Charlotte, n.c. , feb. 22, 2024 /prnewswire/ -- the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), the allspring utilities and high income fund (nyse american: erh), and the allspring global dividend opportunity fund (nyse: eod) have each announced a distribution, as shown in the table below.
2024-01-26 08:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly Distributions
Charlotte, n.c. , jan. 26, 2024 /prnewswire/ -- the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), and the allspring utilities and high income fund (nyse american: erh) have each announced a distribution.
2023-12-29 08:30:00 - Press Release
Allspring Closed-end Funds Declare Monthly Distributions
Charlotte, n.c. , dec. 29, 2023 /prnewswire/ -- the allspring income opportunities fund (nyse american: ead), the allspring multi-sector income fund (nyse american: erc), and the allspring utilities and high income fund (nyse american: erh) have each announced a distribution.
Latest News
2024-03-28 18:24:18 - Seeking Alpha
ERH: Utilities Are Struggling, But This CEF May Work As A Fixed-Income Alternative
The Allspring Utilities and High Income Fund offers investors a high level of current income with exposure to the upside potential of common equity investments. The ERH closed-end fund's performance over the past three years has been disappointing, underperforming the global utilities index. The fund invests in a combination of utilities and junk bonds, with a focus on utility stocks. However, it has recently cut its distribution and has struggled to cover its distributions in the past.
2023-08-06 06:45:41 - Seeking Alpha
ERH: A Decent Discount Opens Up For Utility And High Yield Exposure
ERH is a closed-end fund that invests in utility and high-yield bonds and offers investors a monthly distribution based on a managed policy. The fund's discount has widened, making it a more attractive option for investors. ERH's distribution policy varies monthly but is predictable, and it rewards shareholders when things are going well.
2023-05-27 06:13:16 - Seeking Alpha
CEF Weekly Review: Term CEFs Continue To Be Misunderstood
We review CEF market valuation and performance through the third week of May and highlight recent market action. CEFs were mostly down on the week as rising Treasury yields were the key headwind.
2023-05-19 09:15:00 - Seeking Alpha
UTG Vs. ERH: Two 8% Yielding Monthly Pay CEFs
Reaves Utility Income Trust yields 8.27% and Allspring Utilities and High Income Fund yields 8.49%, and both closed-end funds pay monthly. Both funds hold Utilities as their main sector exposure.
2023-03-30 03:15:15 - Seeking Alpha
ERH: Underperforms A Simple XLU/JNK Portfolio
ERH provides exposure to utilities and high-yield bonds. The ERH fund pays an attractive 8.7% distribution yield but has only delivered 5.2% average annual returns over 5 years.
2023-01-13 14:46:26 - Seeking Alpha
ERH: Some Concerns About The Distribution But Otherwise A Good CEF
Utilities have long been a favorite asset class of conservative investors due to their financial stability and high yields. Allspring Utilities and High Income Fund invests in a portfolio of both utilities and high-yield bonds, which works pretty well for both high income and a degree of safety.
2022-11-04 11:15:04 - Seeking Alpha
ERH: An Interesting Play, But Not Cheap Enough For A 'Buy'
ERH takes a fairly unique approach to invest in both utility equities and high-yield bonds. While this is a fairly odd combination, it isn't the only fund to focus on this type of allocation.
2022-07-19 14:09:47 - Seeking Alpha
ERH: Utilities And High Yield, Getting To A Better Valuation
ERH is an interesting closed-end fund with an unusual focus on utility exposure and high yield. This investment focus means they are more focused on regular dividends and interest payments, which can help provide regular cash coming into the fund.
2022-06-28 04:55:17 - Seeking Alpha
ERH: Buy This Vaunted Utilities Fund, An Alternative To DNP
ERH is a closed-end fund with a 70/30 utilities and high yield bonds bucketing. The fund has enviable long-term returns (the 10-year annualized return clocks in at 11.2%) and risk/reward analytics that compare favorably with the more popular DNP fund.
2021-10-01 18:06:00 - Business Wire
Wells Fargo Utilities and High Income Fund Announces Sources of Distribution
SAN FRANCISCO--(BUSINESS WIRE)--The Wells Fargo Utilities and High Income Fund (NYSE American: ERH) released information about the sources of today's distribution in a Notice provided to shareholders. The full text of the Notice is available below and on the Wells Fargo Asset Management website. IMPORTANT NOTICE TO SHAREHOLDERS This Notice provides information about the sources of the Fund's monthly distributions. You should not draw any conclusions about the Fund's investment performance from