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Allspring Closed-End Funds Declare Monthly Distributions with Fixed Rates
ByAinvest
Friday, Sep 26, 2025 8:33 am ET1min read
Allspring Income Opportunities Fund, Allspring Multi-Sector Income Fund, and Allspring Utilities and High Income Fund have declared monthly distributions of $0.05357, $0.07223, and $0.08291 per share, respectively. The funds follow a managed distribution plan, with annual minimum fixed rates of 8.00% and 8.75% for the utilities and high income fund and income opportunities fund, respectively.
Allspring Global Investments has declared monthly distributions for its closed-end funds, including the Allspring Income Opportunities Fund (EAD), Allspring Multi-Sector Income Fund (ERC), and Allspring Utilities and High Income Fund (ERH). The distributions per share are $0.05357 for EAD, $0.07223 for ERC, and $0.08291 for ERH [1].These distributions are part of a managed distribution plan, which provides annual minimum fixed rates of 8.00% for the utilities and high income fund and 8.75% for the income opportunities fund. The funds aim to generate high current income, with capital appreciation as a secondary objective .
Additionally, Allspring has announced a portfolio manager change for the Multi-Sector Income Fund (ERC). Effective August 1, 2025, Andrew Reed, CFA, will join as portfolio manager, replacing Noah Wise, CFA .
Investors should note that these distributions are based on the funds' average monthly net asset value (NAV) over the prior 12 months and may come from income, paid-in capital, or capital gains. The funds are available through secondary market broker-dealers and may trade at premiums or discounts to NAV .
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