Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Market Cap : $92.26 Mil (As of May. 20, 2024)

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What is Allspring Utilities and Highome Fund Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Allspring Utilities and Highome Fund's share price for the quarter that ended in Feb. 2024 was $9.07. Allspring Utilities and Highome Fund's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 9.29 Mil. Therefore, Allspring Utilities and Highome Fund's market cap for the quarter that ended in Feb. 2024 was $84.28 Mil.

Allspring Utilities and Highome Fund's quarterly market cap declined from Feb. 2023 ($98.03 Mil) to Aug. 2023 ($89.86 Mil) and declined from Aug. 2023 ($89.86 Mil) to Feb. 2024 ($84.28 Mil).

Allspring Utilities and Highome Fund's annual market cap declined from Aug. 2021 ($136.57 Mil) to Aug. 2022 ($114.67 Mil) and declined from Aug. 2022 ($114.67 Mil) to Aug. 2023 ($89.86 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Allspring Utilities and Highome Fund's Enterprise Value for Today is $122.23 Mil.

Allspring Utilities and Highome Fund Market Cap Historical Data

The historical data trend for Allspring Utilities and Highome Fund's Market Cap can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Allspring Utilities and Highome Fund Market Cap Chart

Allspring Utilities and Highome Fund Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Market Cap

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120.69

118.50

136.57

114.67

89.86

Allspring Utilities and Highome Fund Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Market Cap	Get a 7-Day Free Trial															121.52	114.67	98.03	89.86	84.28

Competitive Comparison of Allspring Utilities and Highome Fund's Market Cap

For the Asset Management subindustry, Allspring Utilities and Highome Fund's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Allspring Utilities and Highome Fund's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Allspring Utilities and Highome Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where Allspring Utilities and Highome Fund's Market Cap falls into.

Allspring Utilities and Highome Fund Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Allspring Utilities and Highome Fund's Market Cap for the fiscal year that ended in Aug. 2023 is calculated as

Market Cap (A: Aug. 2023 )	=	Share Price (A: Aug. 2023 )	*	Shares Outstanding (EOP) (A: Aug. 2023 )
	=	$9.67	*	9.29226
	=	$89.86

Allspring Utilities and Highome Fund's Market Cap for the quarter that ended in Feb. 2024 is calculated as

Market Cap (Q: Feb. 2024 )	=	Share Price (Q: Feb. 2024 )	*	Shares Outstanding (EOP) (Q: Feb. 2024 )
	=	$9.07	*	9.29226
	=	$84.28

Allspring Utilities and Highome Fund (AMEX:ERH) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.

Allspring Utilities and Highome Fund Market Cap Related Terms

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Allspring Utilities and Highome Fund (Allspring Utilities and Highome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Allspring Utilities and High Income Fund (AMEX:ERH) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

1415 Vantage Park Drive, 3rd Floor, Charlotte, NC, USA, 28203

Website

https://www.allspringglobal.com

Allspring Utilities and High Income Fund is a diversified closed-end management investment company. Its investment objective is to seek a high level of current income and moderate capital growth, with an emphasis on providing tax-advantaged dividend income. The company's investment portfolio includes direct debt instruments, which are interests in amounts owed to lenders by corporate or other borrowers. It also invests in various industries which includes auto components, hotels, household durables, media, specialty retail, apparel, oil, gas, consumable fuels, industrials, information technology, telecommunication services, financial and healthcare. Its investment advisor is Wells Fargo Funds Management LLC.

Executives

Jennifer Lea Grunberg	officer: Chief Compliance Officer	350 PARK AVENUE, ALLSPRING GLOBAL INVESTMENTS, NEW YORK NY 10022
Paul Werner Felsch	officer: Chief Complaince Officer	100 HERITAGE RESERVE, ALLSPRING GLOBAL INVESTMENTS, MENOMONEE FALLS WI 53051
Jane A Freeman	director	ALLSPRING FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Christopher Micah Baker	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02356
Karin Brotman	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 525 MARKET STREET, SAN FRANCISCO CA 94105
Kate Sandman Mckinley	officer: Chief Compliance Officer	ALLSPRING GLOBAL INVESTMENTS, 101 SEAPORT BLVD, BOSTON MA 02210
Richard Matthew Prasse	officer: Secretary	WELLS FARGO LAW DEPARTMENT, 125 HIGH STREET, FLOOR 13, BOSTON MA 02110-2704
Christopher M Lee	other: Portfolio Manager	WELLS CAPITAL MANAGEMENT, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105
Michael Joseph Schueller	other: Portfolio Manager	100 HERITAGE RESERVE, 2ND FLOOR, WELLS CAPITAL MANAGEMENT, MENOMONEE FALLS WI 53051-4400
Jack E Spudich	other: Portfolio Manager	1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Kent A Newcomb	other: Portfolio Manager	1 N JEFFERSON AVE, 7TH FLOOR, SAINT LOUIS MT 63103-2205
Daniel J. Mavico	officer: Chief Compliance Officer	401 S TRYON STREET, FLOOR 2, CHARLOTTE NC 28202-1911
Kevin T. Roskopf	other: Share Repurchase Committee Mem	WELLS FARGO ASSET MANAGEMENT, 100 HERITAGE RESERVE, 1ST FLOOR, MENOMONEE FALLS WI 53051-4400
Andrew R Tuttle	officer: Portfolio Mgr.	25 RECREATION PARK DRIVE, SUITE 206, HINGHAM MA 02043
William R. Ebsworth	director	WELLS FARGO FUNDS MANAGEMENT, LLC, 525 MARKET STREET, 12TH FLOOR, SAN FRANCISCO CA 94105