EX-99.C 5 d397446dex99c.htm IMPORTANT NOTICE TO SHAREHOLDERS

Important Notice to Shareholders

Allspring Utilities and High Income Fund (ERH)

CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

March 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 2/28/2022				Estimated Sources of Distribution
				Per Share Distribution				NII				LT Gains				ST Gains				Paid in Capital
ERH (FYE 8/31)		Current Month ($)			0.07477				0.05877				0.01363				0.00000				0.00237
		Current Month (%)			100.00	%			78.60	%			18.20	%			0.00	%			3.20	%
		Fiscal Year to Date ($)			0.44457				0.21777				0.02309				0.00000				0.20371

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.

										Annualized								Cumulative
Data as of 1/31/2022		Fiscal YTD Dist				NAV				5-year				Fiscal YTD				Fiscal YTD				Fiscal YTD
										Return on NAV				Dist rate on NAV1				Return on NAV				Dist Rate on NAV1
ERH (FYE 8/31)			0.36980				13.06				8.63	%			6.75	%			0.82	%			2.83	%

¹ As a percentage of 1/31 NAV

Allspring Utilities and High Income Fund

(ERH) CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

April 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 3/31/2022				ESTIMATED SOURCES OF DISTRIBUTION
				PER SHARE DISTRIBUTION				NII				LT GAINS				ST GAINS				PAID IN CAPITAL
ERH (FYE 8/31)		Current Month ($)			0.07512				0.06385				0.00000				0.00000				0.01127
		Current Month (%)			100.00	%			85.00	%			0.00	%			0.00	%			15.00	%
		Fiscal Year to Date ($)			0.51969				0.28162				0.02309				0.00000				0.21498

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 2/28/2022										ANNUALIZED								CUMMULATIVE
										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)			0.44457				12.80				7.60	%			7.00	%			-0.60	%			3.47	%

¹ As a percentage of 2/28 NAV

Allspring Utilities and High Income Fund

(ERH) CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

May 2, 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 4/30/2022				ESTIMATED SOURCES OF DISTRIBUTION
				PER SHARE DISTRIBUTION				NII				LT GAINS				ST GAINS				PAID IN CAPITAL
ERH (FYE 8/31)		Current Month ($)			0.07529				0.00000				0.00000				0.00000				0.07529
		Current Month (%)			100.00	%			0.00	%			0.00	%			0.00	%			100.00	%
		Fiscal Year to Date ($)			0.59498				0.28162				0.02309				0.00000				0.29027

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 3/31/2022										ANNUALIZED								CUMMULATIVE
										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)			0.51969				13.74				8.94	%			6.51	%			7.27	%			3.78	%

¹ As a percentage of 3/31 NAV

Allspring Utilities and High Income Fund

(ERH) CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

June 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 5/31/2022				ESTIMATED SOURCES OF DISTRIBUTION
				PER SHARE DISTRIBUTION				NII				LT GAINS				ST GAINS				PAID IN CAPITAL
ERH (FYE 8/31)		Current Month ($)			0.07575				0.07575				0.00000				0.00000				0.00000
		Current Month (%)			100.00	%			100.00	%			0.00	%			0.00	%			0.00	%
		Fiscal Year to Date ($)			0.67073				0.35737				0.02309				0.00000				0.29027

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 4/30/2022										ANNUALIZED								CUMMULATIVE
										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)			0.59498				13.00				7.46	%			6.90	%			2.11	%			4.58	%

¹  As a percentage of 4/30 NAV

Allspring Utilities and High Income Fund

(ERH) CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

July 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 6/30/2022				ESTIMATED SOURCES OF DISTRIBUTION
				PER SHARE DISTRIBUTION				NII				LT GAINS				ST GAINS				PAID IN CAPITAL
ERH (FYE 8/31)		Current Month ($)			0.07612				0.00000				0.00000				0.00000				0.07612
		Current Month (%)			100.00	%			0.00	%			0.00	%			0.00	%			100.00	%
		Fiscal Year to Date ($)			0.74685				0.35737				0.02309				0.00000				0.36639

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 5/31/2022										ANNUALIZED								CUMMULATIVE
										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)			0.67073				13.31				7.40	%			6.74	%			5.16	%			5.04	%

¹ As a percentage of 5/31 NAV    

Allspring Utilities and High Income Fund

(ERH) CUSIP 94987E109

IMPORTANT NOTICE TO SHAREHOLDERS

August 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 7/31/2022				ESTIMATED SOURCES OF DISTRIBUTION
				PER SHARE DISTRIBUTION				NII				LT GAINS				ST GAINS				PAID IN CAPITAL
ERH (FYE 8/31)		Current Month ($)			0.07615				0.01411				0.00000				0.00000				0.06204
		Current Month (%)			100.00	%			18.50	%			0.00	%			0.00	%			81.50	%
		Fiscal Year to Date ($)			0.82300				0.37148				0.02309				0.00000				0.42843

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 6/30/2022										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)			0.74685				12.38				6.26	%			7.27	%			-1.58	%			6.03	%

¹  As a percentage of 6/30 NAV