EX-99.C 4 d317521dex99c.htm IMPORTANT NOTICE TO SHAREHOLDERS Important Notice to Shareholders

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Wells Fargo Utilities and High Income Fund (ERH)

CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

September 1, 2021 – This Notice provides information about the sources of the Fund’s monthly distributions. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. Sources include net investment income (NII), short-term capital gains (ST), long-term capital gains (LT) and paid in capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides an estimate of the Fund’s distribution sources, reflecting the fiscal year-to- date cumulative amount of distributions. The Fund attributes these estimates equally to each regular distribution throughout the year. Consequently, the estimated information as of the specified month-end shown below is for the current distribution, and also represents an updated estimate for all prior months in the year.

 

Data as of 8/31/2021                                                              
     Current Month     

Fiscal Year to Date

      Current Month  
     Estimated Sources of Distribution      Estimated Sources of Distribution      Estimated Percentages of Distribution  
     Per Share
Distribution		      NII      LT Gains      ST Gains      Paid in
Capital		      Per Share
Distribution		      NII      LT Gains      ST Gains      Paid in
Capital		      NII     LT Gains     ST Gains     Paid in
Capital		  

ERH (FYE 8/31)

      0.07248        0.07248        0        0        0        0.85608        0.44355        0.08560        0        0.32693        100.00 %      0.00 %      0.00 %      0.00 % 

The following table provides information regarding distributions and total return performance over various time periods. This information is intended to help you better understand whether returns for the specified time periods were sufficient to meet distributions.

 

Data as of 7/31/2021
                 

Annualized

   

Cumulative

                  5-Year    Fiscal YTD    Fiscal YTD    Fiscal YTD
       

Fiscal YTD Dist

   

NAV

   

Return on
NAV

   

Dist Rate
on NAV1

   

Return on
NAV

   

Dist Rate
on NAV1

  ERH (FYE 8/31)   0.78360    12.95    6.82%    6.61%    14.76%    6.05%
1   As a percentage of 7/31 NAV                             

NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

LOGO

Wells Fargo Utilities and High Income Fund (ERH)

CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

October 1, 2021 – This Notice provides information about the sources of the Fund’s monthly distributions. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. Sources include net investment income (NII), short-term capital gains (ST), long-term capital gains (LT) and paid in capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides an estimate of the Fund’s distribution sources, reflecting the fiscal year-to-date cumulative amount of distributions. The Fund attributes these estimates equally to each regular distribution throughout the year. Consequently, the estimated information as of the specified month-end shown below is for the current distribution, and also represents an updated estimate for all prior months in the year.

 

Data as of 9/30/2021

                                                              
     Current Month     

Fiscal Year to Date

      Current Month  
     Estimated Sources of Distribution      Estimated Sources of Distribution      Estimated Percentages of Distribution  
     Per Share
Distribution		      NII      LT Gains      ST Gains      Paid in
Capital		      Per Share
Distribution		      NII      LT Gains      ST Gains      Paid in
Capital		      NII     LT Gains     ST Gains     Paid in
Capital		  

ERH (FYE 8/31)

      0.07314        0.03628        0.00511        0        0.03175        0.07314        0.03628        0.00511        0        0.03175        49.60 %      7.00 %      0.00 %      43.40 % 

The following table provides information regarding distributions and total return performance over various time periods. This information is intended to help you better understand whether returns for the specified time periods were sufficient to meet distributions.

 

Data as of 8/31/2021

                 

Annualized

   

Cumulative

                 

5-Year

   

Fiscal

YTD

   

Fiscal YTD

   

Fiscal YTD

       

Fiscal YTD Dist

   

NAV

   

Return on
NAV

   

Dist Rate
on NAV1

   

Return on
NAV

   

Dist Rate
on NAV1

  ERH (FYE 8/31)   0.85608    13.31    8.31%    6.43%    18.55%    6.43%
1   As a percentage of 8/31 NAV                             

NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

LOGO

Wells Fargo Utilities and High Income Fund (ERH)

CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

November 1, 2021 – This Notice provides information about the sources of the Fund’s monthly distributions. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. Sources include net investment income (NII), short-term capital gains (ST), long-term capital gains (LT) and paid in capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides an estimate of the Fund’s distribution sources, reflecting the fiscal year-to-date cumulative amount of distributions. The Fund attributes these estimates equally to each regular distribution throughout the year. Consequently, the estimated information as of the specified month-end shown below is for the current distribution, and also represents an updated estimate for all prior months in the year.

 

Data as of 10/31/2021

                                                              
     Current Month     

Fiscal Year to Date

      Current Month  
     Estimated Sources of Distribution      Estimated Sources of Distribution      Estimated Percentages of Distribution  
     Per Share
Distribution		      NII      LT Gains      ST Gains      Paid in
Capital		      Per Share
Distribution		      NII      LT Gains      ST Gains      Paid in
Capital		      NII     LT Gains     ST Gains     Paid in
Capital		  

ERH (FYE 8/31)

      0.07368        0.00558        0        0        0.06810        0.14682        0.04186        0.00511        0        0.09985        7.60 %      0.00 %      0.00 %      92.40 % 

The following table provides information regarding distributions and total return performance over various time periods. This information is intended to help you better understand whether returns for the specified time periods were sufficient to meet distributions.

 

Data as of 9/30/2021

                      Annualized   Cumulative
                      5-Year   Fiscal YTD   Fiscal YTD   Fiscal YTD
         

Fiscal YTD Dist

    NAV      Return
on
NAV		   Dist Rate
on NAV1		   Return on
NAV		   Dist Rate
on NAV1
   ERH (FYE 8/31)   

0.07314

      12.54      6.89%   7.09%   -5.25%   0.58%
1   As a percentage of 9/30 NAV                             

NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

LOGO

Wells Fargo Utilities and High Income Fund (ERH)

CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

December 1, 2021 – This Notice provides information about the sources of the Fund’s monthly distributions. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. Sources include net investment income (NII), short-term capital gains (ST), long-term capital gains (LT) and paid in capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides an estimate of the Fund’s distribution sources, reflecting the fiscal year-to-date cumulative amount of distributions. The Fund attributes these estimates equally to each regular distribution throughout the year. Consequently, the estimated information as of the specified month-end shown below is for the current distribution, and also represents an updated estimate for all prior months in the year.

 

Data as of 11/30/2021         Estimated Sources of
Distribution		              
          Per Share
Distribution		     NII     LT Gains     ST Gains     Paid in
Capital		  

ERH (FYE 8/31)

    Current Month ($)      0.07424       0.06520       0       0       0.00904  
   Current Month (%)      100.00 %      87.80 %      0.00 %      0.00 %      12.20 % 
   Fiscal Year to Date ($)      0.22106       0.10706       0.00511       0.00000       0.10889  

The following table provides information regarding distributions and total return performance over various time periods. This information is intended to help you better understand whether returns for the specified time periods were sufficient to meet distributions.

 

Data as of 10/31/2021                                          
                      Annualized     Cumulative  
                      5-Year     Fiscal YTD     Fiscal YTD     Fiscal YTD  
                      Return on     Dist Rate     Return on     Dist Rate  
         

Fiscal YTD Dist

    NAV      NAV     on NAV1     NAV     on NAV1  
   ERH (FYE 8/31)    0.14682      12.91        7.93 %      6.80 %      -1.94 %      1.14 % 

1   As a percentage of 10/31 NAV

               

NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE

LOGO

Allspring Utilities and High Income Fund (ERH)

CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

January 3, 2022 – This Notice provides information about the sources of the Fund’s monthly distributions. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. Sources include net investment income (NII), short-term capital gains (ST), long-term capital gains (LT) and paid in capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides an estimate of the Fund’s distribution sources, reflecting the fiscal year-to-date cumulative amount of distributions. The Fund attributes these estimates equally to each regular distribution throughout the year. Consequently, the estimated information as of the specified month-end shown below is for the current distribution, and also represents an updated estimate for all prior months in the year.

 

Data as of 12/31/2021         Estimated Sources of Distribution              
          Per Share
Distribution		     NII     LT
Gains		     ST Gains     Paid in
Capital		  

ERH (FYE 8/31)

    Current Month ($)      0.07434       0.04146       0.00329       0.00000       0.02959  
   Current Month (%)      100.00 %      55.80 %      4.40 %      0.00 %      39.80 % 
   Fiscal Year to Date ($)      0.29540       0.14852       0.00840       0.00000       0.13848  

The following table provides information regarding distributions and total return performance over various time periods. This information is intended to help you better understand whether returns for the specified time periods were sufficient to meet distributions.

 

Data as of 11/30/2021                                            
                        Annualized     Cumulative  
                        5-Year     Fiscal YTD     Fiscal YTD     Fiscal YTD  
          Fiscal YTD Dist      NAV      Return on
NAV		     Dist Rate
on NAV1		     Return on
NAV		     Dist Rate
on NAV1		  
  

ERH (FYE 8/31)

      0.22106        12.60        8.48 %      7.04 %      -3.79 %      1.75 % 

1   As a percentage of 11/30 NAV

               

LOGO

Allspring Utilities and High Income Fund (ERH)

CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

February 1, 2022 – This Notice provides information about the sources of the Fund’s monthly distributions. You should not draw any conclusions about the Fund’s investment performance from the amount of this distribution or from the terms of the Fund’s Managed Distribution Plan.

The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund’s investment performance and should not be confused with ‘yield’ or ‘income’.

The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. Sources include net investment income (NII), short-term capital gains (ST), long-term capital gains (LT) and paid in capital. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following table provides an estimate of the Fund’s distribution sources, reflecting the fiscal year-to-date cumulative amount of distributions. The Fund attributes these estimates equally to each regular distribution throughout the year. Consequently, the estimated information as of the specified month-end shown below is for the current distribution, and also represents an updated estimate for all prior months in the year.

 

Data as of 1/31/2022         Estimated Sources of Distribution              
          Per Share
Distribution		     NII     LT Gains     ST Gains     Paid in
Capital		  

ERH (FYE 8/31)

    Current Month ($)      0.07440       0.01048       0.00106       0.00000       0.06286  
   Current Month (%)      100.00 %      14.10 %      1.40 %      0.00 %      84.50 % 
   Fiscal Year to Date ($)      0.36980       0.15900       0.00946       0.00000       0.20134  

The following table provides information regarding distributions and total return performance over various time periods. This information is intended to help you better understand whether returns for the specified time periods were sufficient to meet distributions.

 

Data as of 12/31/2021

                                       
                       Annualized     Cumulative  
                       5-Year     Fiscal YTD     Fiscal YTD     Fiscal YTD  
                       Return on     Dist Rate     Return on     Dist Rate  
         Fiscal YTD Dist      NAV      NAV     on NAV1     NAV     on NAV1  
  ERH (FYE 8/31)      0.29540        13.62        9.45 %      6.48 %      4.55 %      2.17 % 

1   As a percentage of 12/31 NAV