The most notable companies in this group are Comcast Corp (NASDAQ:CMCSA), Nextera Energy Inc (NYSE:NEE), American Tower Corp (NYSE:AMT), Southern Company (The) (NYSE:SO).
The investment seeks total return, consisting of current income and capital appreciation.
The fund invests at at least 80% of its net assets in common, preferred and convertible preferred stocks of utility and telecommunications companies. It up to 20% of the fund's net assets in dividend-paying equity securities of non-utility and non-telecommunications companies. The fund invests up to 25% of its total assets in equity securities of foreign issuers, including ADRs and similar investments and up to 10% of its total assets in emerging market equity securities. It is non-diversified.
The average market capitalization across the Allspring Util and Telecomms C MF is 97.25B. The market cap for tickers in the group ranges from 20.37B to 169.42B. CMCSA holds the highest valuation in this group at 169.42B. The lowest valued company is AEE at 20.37B.
The average weekly volume growth across all stocks in the Allspring Util and Telecomms C MF was 142%. For the same stocks of the MF, the average monthly volume growth was -10% and the average quarterly volume growth was -11%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 57
P/E Growth Rating: 63
Price Growth Rating: 49
SMR Rating: 63
Profit Risk Rating: 38
Seasonality Score: 11 (-100 ... +100)