Allspring Utility And Telecommunications Fund Q3 2025 Commentary (Mutual Fund:EVUAX)

Allspring Global Investments 27 Follower s Follow 5 Share Save Play ( 10min ) Comments Summary The Utility & Telecommunications Fund increased 6.40% on a total return basis in the third quarter versus an increase of 7.57% for the S&P 500 Utilities Index benchmark. Utilities have performed well, driven by consistent and improving fundamentals, attractive valuations, and increased interest in companies that can produce power to supply data center expansion. The U.S. looks like it has entered an era of rising electricity demand unseen in decades. We believe more utilities could raise earnings guidance if demand growth further materializes. We think the demand growth many utilities are now forecasting may require an “all of the above” need for new generation capacity: gas, renewables, nuclear, and the delay of coal plant retirements. Torsten Asmus/iStock via Getty Images Quarterly review The Utility & Telecommunications Fund increased 6.40% on a total return basis in the third quarter versus an increase of 7.57% for the S&P 500 Utilities Index benchmark. Utilities holdings outperformed the This article was written by Allspring Global Investments 27 Follower s Follow Allspring is a company committed to thoughtful investing, purposeful planning, and the desire to elevate investing to be worth more. Allspring is reimagining investment management to be worth more—creating an investment, distribution, and operational experience that changes the game for clients. Note: This account is not managed or monitored by Allspring, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Allspring's official channels.

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