Wells Fargo Advantage Utilities and High Income Fund announces a share repurchase program. Under the program, the company will repurchase up to 10% of its outstanding shares in open-market transactions. The funds' Boards of Trustees will continue to receive periodic reports on repurchase activity as part of their ongoing oversight over the programs, which includes deciding whether to renew or discontinue the programs at the end of their terms. The program will commence on January 1, 2021 and will end on December 31, 2021.