Wells Fargo Utilities and High Income Fund

Symbol: ERH     Sector: Financial Services     Industry: Asset Management

Dividend Yield
Current Price

Dividend Data

Dividend Yield:6.91%
Dividend per Share:$ 0.9000
Next Ex-Div Date:2019-06-13
Next Div Payout:$ 0.0750
Payment Schedule:Monthly-
Payout Ratio (ttm)n.a.
Ø 3yr Growth Rate0.00 %-
Ø 5yr Growth Rate0.00 %-

Stock Data

Type:Common Stock
Exchange:NYSE American
Current Price (*):$ 13.02
Week 52 high:$ 13.37
Week 52 low:$ 10.69
Marketcap$ 118,935,077
Return on Equity8.67 %
P/E Ratio high0.00
P/E Ratio low0.00

General Info

About: The Funds investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. Under normal market conditions the fund will invest at least 80% of its net assets in securities of utilities companies and in US non-investment grade debt securities. The fund allocated its assets between two separate investment strategies. Under normal market conditions, the Fund will allocate approximately 70% of its total assets to an investment strategy that focuses on common, preferred and convertible preferred stocks and convertible debentures of utility companies, and approximately 30% of its total assets to an investment strategy that focuses on US dollar denominated non-investment grade bonds, debentures, and other income obligations. No more than 35% of the Funds total assets will be invested in non-investment grade debt securities. The Fund may invest up to 25% of its total assets in foreign securities.

Tags:  Asset Management    Financial Services    

Website: http://www.evergreenInvestments.com