Reaves Utility Income Fund (UTG)

• Market cap: $3.54B
• 1 day: 0.65%
• 5 days: -4.42%
• 1 month: -5.55%
• 3 months: -10.43%
• 6 months: 3.03%
• Year to date: 3.69%
• 1 year: 0.47%
• 5 years: 9.23%
• 10 years: 19.85%
• Sector: Financials
• Industry: Asset Management

About: Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.