Notable companies
The most notable companies in this group are Nextera Energy Inc (NYSE:NEE), Southern Company (The) (NYSE:SO).
Industry description
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.
Market Cap
The average market capitalization across the Allspring Util and Telecomms Adm MF is 66.99B. The market cap for tickers in the group ranges from 21.64B to 155.29B. NEE holds the highest valuation in this group at 155.29B. The lowest valued company is CMS at 21.64B.
Volume
The average weekly volume growth across all stocks in the Allspring Util and Telecomms Adm MF was 87%. For the same stocks of the MF, the average monthly volume growth was 88% and the average quarterly volume growth was 25%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 64
P/E Growth Rating: 42
Price Growth Rating: 32
SMR Rating: 67
Profit Risk Rating: 28
Seasonality Score: -52 (-100 ... +100)