Isaiah Harris - Allspring Utilities Independent Trustee

ERH Fund  USD 10.89  0.04  0.37%   
Isaiah Harris is Fund Manager at Allspring Utilities And
Mr. Isaiah Harris, Jr.is Independent Trustee of the Company. Mr. Harris has served as a Trustee of the Trusts in the Fund Complex since 2009 and was an Advisory Board Member from 2008 to 2009. He has also served as a Trustee of Asset Allocation Trust since 2010. He was the Chairman of the Board of CIGNA Corporation since 2009, and was a director of CIGNA Corporation since 2005. He served as a director of Deluxe Corporation from 2003 to 2011. As a director of these and other public companies, he has served on board committees, including Governance, Audit and Compensation Committees. Mr. Harris served in senior executive positions, including as president, chief executive officer, vice president of finance andor chief financial officer, of operating companies for approximately 20 years.
Age 67
Tenure 15 years
Phone415-396-8000

Allspring Utilities Management Performance (%)

The company has Return on Asset of 1.92 % which means that on every $100 spent on assets, it made $1.92 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 15.86 %, implying that it generated $15.86 on every 100 dollars invested. Allspring Utilities' management efficiency ratios could be used to measure how well Allspring Utilities manages its routine affairs as well as how well it operates its assets and liabilities.
Allspring Utilities And has 30 M in debt with debt to equity (D/E) ratio of 0.25, which may show that the company is not taking advantage of profits from borrowing. Allspring Utilities And has a current ratio of 0.06, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist Allspring Utilities until it has trouble settling it off, either with new capital or with free cash flow. So, Allspring Utilities' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Allspring Utilities And sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Allspring to invest in growth at high rates of return. When we think about Allspring Utilities' use of debt, we should always consider it together with cash and equity.

Similar Money Managers

Showing other executives

One Year Return

Susan PereiraMFS High Income
54
James YostMFS High Income
60
Deborah DeCotisAllianzgi Convertible Income
69
Andrew CFAPioneer High Income
N/A
Mark BradleyPioneer High Income
59
Deborah DeCotisAllianzgi Convertible Income
69
Robert FrenkelWestern Asset Global
66
Robert ManningMFS High Income
56
Benjamin FriedmanPioneer High Income
74
Michael CastellanoMunivest Fund
75
Bradford GallagherAllianzgi Convertible Income
75
Joseph ConnollyBNY Mellon High
63
Charles ParkMunivest Fund
54
Scott WhistenAllianzgi Convertible Income
49
Robert FairbairnMunivest Fund
56
Nancy WiserAllspring Global Dividend
53
Christopher BohaneMFS High Income
51
Maureen GoldfarbMFS High Income
65
Jane FreemanAllspring Multi Sector
66
Tracy WrightPioneer High Income
N/A
Niel NielsonFirst Trust Senior
66
Allspring Utilities and High Income Fund is a closed-ended balanced mutual fund launched and managed by Wells Fargo Funds Management LLC. Allspring Utilities and High Income Fund was formed on April 28, 2004 and is domiciled in the United States. Wells Fargo operates under Asset Management classification in the United States and is traded on NYSEMKT Exchange. The fund is not classified under any group at the present time.

Management Performance

Allspring Utilities And Leadership Team

Elected by the shareholders, the Allspring Utilities' board of directors comprises two types of representatives: Allspring Utilities inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Allspring. The board's role is to monitor Allspring Utilities' management team and ensure that shareholders' interests are well served. Allspring Utilities' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Allspring Utilities' outside directors are responsible for providing unbiased perspectives on the board's policies.
Michael Scofield, Independent Trustee
Isaiah Harris, Independent Trustee
Timothy Penny, Independent Chairman of the Board of Trustee
Judith Johnson, Independent Trustee
William Ebsworth, Independent Trustee
David Berardi, Assistant Treasurer
Jane Freeman, Independent Trustee
Michael Whitaker, Chief Compliance Officer
James Polisson, Independent Trustee
Olivia Mitchell, Independent Trustee
Andrew Owen, President
Nancy Wiser, Treasurer
David Larcker, Independent Trustee
Michelle Rhee, Chief Legal Officer
Alexander Kymn, Secretary, Chief Legal Officer

Allspring Fund Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Allspring Utilities a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Allspring Fund

Allspring Utilities financial ratios help investors to determine whether Allspring Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Allspring with respect to the benefits of owning Allspring Utilities security.
Global Correlations
Find global opportunities by holding instruments from different markets
Alpha Finder
Use alpha and beta coefficients to find investment opportunities after accounting for the risk
CEOs Directory
Screen CEOs from public companies around the world