Allspring Utilities and High Income Fund adopts amended and restated by-laws
The fund's Board of Trustees approved amended and restated by-laws on December 19, 2023, and the fund announced the change in a December 21, 2023 press release. The by-laws add procedural requirements for shareholder proposals and nominations, add Trustee eligibility qualifications, and change the election standard to a majority of shares outstanding and entitled to vote.
Key points
- Board approved the amended and restated by-laws on December 19, 2023
- Press release dated December 21, 2023 was issued for ERH and three sister Allspring closed-end funds
- New Trustee election standard requires a majority of shares outstanding and entitled to vote, and applies to all future elections
- Shareholders considering a Trustee nomination or proposal must follow the modified advance notice requirements
The filing
Written by AI on Nov 9, 2026, 8:36 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 21, 2023.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.