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Wells Fargo Utilities and High Income Fund
Ticker Symbol: ERH CUSIP: 94987E109 Previous CUSIP: 30034Q109 Exchange: AMEX
Company's Online Profile
FUND DESCRIPTION: Wells Fargo Utilities and High Income Fund, formerly Wells Fargo Advantage Utilities & High Income Fund, formerly Evergreen Utilities and High Income Fund, is an exchange-traded closed-end fund or a closed-end ETF that is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The Wells Fargo Utilities and High Income Fund seeks a high level of current income and moderate capital growth, with an emphasis on providing tax advantaged dividend income. FUND STRATEGY: The Fund invests at least 80% of net assets in common, preferred and convertible preferred stocks and investment grade bonds or convertible debentures of utility and telecommunications companies. It may invest up to 35% of total assets in convertible debentures of utility and telecommunications companies; up to 20% of this portion may be invested in convertible debentures rated below investment grade. The Fund may also invest up to 30% of total assets in equity securities of foreign issuers, including ADRs and similar investments. FUND MANAGEMENT: Wells Fargo Funds Management LLC is the investment adviser of the Fund. Wells Capital Management Incorporated is the sub advisor.
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IPO - 4/28/2004 - 11.50 Million Shares @ $20.00/share.
Link to IPO Prospectus
Previous Name: Wells Fargo Advantage Utilities and High Income Fund Changed: 12/16/2015
Small Cap Stock -
Market Value $103.0 Million
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Company's Online Information Links
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| Company's Online SEC EDGAR Filings |
| Company's Email Address Links |
| Address and Phone Numbers |
| Address: 525 Market Street, San Francisco, CA 94105 |
| Main Phone Number |
800-643-9691 |
| Fax Number |
Not Available |
| Investor Relations
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800-359-3379
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| Toll Free Phone Number |
800-359-3379 |
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