MetaCap

Allspring Utilities and High Income Fund (ERH) vs Nuveen Municipal High Income Opportunity Fund (NMZ)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.

Summary

On valuation, Allspring Utilities and High Income Fund trades at a lower trailing P/E (4.2x vs 14.9x for Nuveen Municipal High Income Opportunity Fund). Allspring Utilities and High Income Fund offers the higher dividend yield (9.24% vs 8.74%).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

ERH versus NMZ key metrics
MetricERHNMZ
Share price$10.56$8.96
Market cap—$1.93B
1-day change+1.05%+0.22%
P/E ratio (TTM)4.2414.93
EPS (TTM)$2.49$0.60
Dividend yield9.24%8.74%
Annual dividend$0.976$0.783
52-week high$13.04$10.77
52-week low$10.16$8.69
Distance from 52-week high-19.02%-16.81%
Average volume28.40K928.39K
Shares outstanding—215.37M
SectorFinanceFinance
IndustryFinance/Investors ServicesFinance/Investors Services

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Nuveen Municipal High Income Opportunity Fund trades at a higher earnings multiple (14.9x vs 4.2x trailing P/E).

ERH vs NMZ FAQ

Which has the lower P/E ratio, ERH or NMZ?

ERH has the lower trailing P/E at 4.2, versus 14.9 for NMZ. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Allspring Utilities and High Income Fund or Nuveen Municipal High Income Opportunity Fund?

Allspring Utilities and High Income Fund has the higher yield at 9.24%, compared with 8.74% for Nuveen Municipal High Income Opportunity Fund.

Are Allspring Utilities and High Income Fund and Nuveen Municipal High Income Opportunity Fund in the same industry?

Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.

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