[Form 5] Allspring Utilities and High Income Fund Annual Statement of Beneficial Ownership

Rhea-AI Filing Summary

Lee Christopher M, identified with Allspring Global Investments and listed as a Portfolio Manager, reported a purchase of 5,000 common shares of Allspring Utilities & High Income Fund (ERH) at $9.26 per share. The transaction shows a deemed execution date of 03/26/2024 and an original trade date of 03/22/2024. After the reported activity, the filing records 7,831 common shares beneficially owned at the end of the issuer's fiscal year. No derivative holdings were reported and no other securities classes are disclosed on this form.

Positive

• Purchase of 5,000 shares at $9.26 increases the reporting person's direct ownership
• Clear disclosure of role as Portfolio Manager/officer, satisfying Section 16 transparency

Negative

• None.

Insights

Financial Analyst

Small buy increases reported stake modestly; not materially transformative.

The reported purchase of 5,000 common shares at $9.26 is a routine Section 16 disclosure showing a portfolio manager increased direct ownership. The post-transaction holding of 7,831 shares represents a modest position relative to institutional holdings typically relevant to valuation or control. There are no derivative instruments disclosed and no indications of larger strategic disposals or acquisitions within this filing. From a market-impact perspective, the trade is informational but unlikely to move price or signal a material change in governance or strategy.

Corporate Governance Expert

Disclosure meets Section 16 reporting requirements; relationship and ownership clearly stated.

The form identifies the reporting person as an officer/portfolio manager and documents direct beneficial ownership and a purchase transaction using the appropriate transaction code. The filing provides transparency on insider activity without revealing derivative exposure or complex indirect ownership structures. For governance review, this is a routine compliance disclosure that confirms internal reporting processes are functioning for this individual.

SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0362
Estimated average burden
hours per response:			1.0

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

1. Name and Address of Reporting Person^*

Lee Christopher M

(Last) (First) (Middle)

ALLSPRING GLOBAL INVESTMENTS

525 MARKET STREET, 12TH FLOOR

(Street)

SAN FRANCISCO CA 94105

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALLSPRING UTILITIES & HIGH INCOME FUND [ ERH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Portfolio Manager

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
08/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
				Amount	(A) or (D)	Price
Common Shares	03/22/2024	03/26/2024	P	5,000	A	$9.26	7,831	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
					(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Maureen E. Towle by power of attorney	09/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did the reporting person disclose for ERH?

The filing discloses a purchase of 5,000 common shares of ERH at $9.26 per share with transaction and deemed execution dates of 03/22/2024 and 03/26/2024, respectively.

How many ERH shares were beneficially owned at fiscal year end?

The report shows 7,831 common shares beneficially owned at the end of the issuer's fiscal year.

What is the reporting person's relationship to the issuer?

The reporting person is listed under Allspring Global Investments as an Officer with the title Portfolio Manager.

Were any derivative securities reported on this Form 5 for ERH?

No. The filing contains no derivative securities (options, warrants, or convertible instruments) reported on Table II.

Does the Form 5 indicate any disposals or other classes of securities?

No. The only non-derivative transaction shown is the 5,000-share purchase; no disposals or other security classes are reported.