Reaves Utility Income Fund
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.
0
Funds holding %
of 7,390 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]
80% more repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 45
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
2% more funds holding
Funds holding: 196 [Q3] → 199 (+3) [Q4]
3% more capital invested
Capital invested by funds: $311M [Q3] → $321M (+$9.84M) [Q4]
0.81% more ownership
Funds ownership: 11.99% [Q3] → 12.8% (+0.81%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for UTG.
Financial journalist opinion
Based on 5 articles about UTG published over the past 30 days
Neutral
Seeking Alpha
2 days ago
Should You Invest $100,000 In Today's Market?
The market is experiencing a correction, with a potential bear market looming, making gradual investment over 3-6 months advisable for long-term investors. Understanding personal risk tolerance is crucial before investing, as it dictates how one handles market downturns and portfolio drawdowns. The article presents three different investment strategies. We are going to discuss how strategically you can deploy your capital on a gradual basis.
Positive
Seeking Alpha
1 week ago
2 Must-Own Dividend Opportunities
Every income portfolio must have anchor investments that provide capital gains and steady income. We dig deeper into two wonderful choices for income over the long run. I find income all over the market and share ideas with you nearly daily.
Neutral
Seeking Alpha
2 weeks ago
My Income Portfolio: Financial Awareness
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution.
Positive
Seeking Alpha
2 weeks ago
Build A 10%-Yielding Monthly Dividend Portfolio For A Stress-Free Retirement
Want a reliable 10%+ yield? This portfolio delivers monthly income with broad diversification. How to balance high yield with stability. Retire on dividends without worrying about market swings—here's how to make it work.
Neutral
Accesswire
3 weeks ago
Reaves Utility Income Fund Section 19(a) Notice
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESS Newswire / February 28, 2025 / On February 28, 2025, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on February 18, 2025. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.
Positive
Seeking Alpha
1 month ago
Dividend Harvesting Portfolio Week 207: $20,700 Allocated, $2,010.09 In Projected Dividends
The S&P 500 is up 3.96% YTD, and I predict it could reach 7,000 by the end of 2025. The Dividend Harvesting Portfolio reached a new milestone with a 28.65% ROI, generating $2,010.09 in forward annualized dividend income. I added to positions in Pfizer, Starwood Property Trust, and Reaves Utility Income Trust, focusing on undervalued stocks with strong dividend yields.
Positive
Seeking Alpha
1 month ago
UTG: Still A Solid Long-Term Holding, But Some Caution To Consider
Reaves Utility Income Trust provides investors exposure to a pool of mostly utility investments and has seen some strong total return performance. UTG's performance has been bolstered by utility companies that are set to benefit from AI-driven infrastructure power demand, but current valuations and lack of discount warrant some caution. UTG remains a solid long-term investment, offering investors a monthly distribution, but perhaps being patient or dollar-cost averaging in could be a more appropriate approach.
Positive
Seeking Alpha
1 month ago
Dividend Harvesting Portfolio Week 206: $20,600 Allocated, $2,001.49 In Projected Dividends
The Dividend Harvesting Portfolio achieved a 27.65% ROI, generating over $2,000 in forward dividend income despite exiting XIFR and WBD positions. I reallocated capital to income-producing assets like AIPI, UTG, BP, SCHD, ARCC, AGNC, and PDI, enhancing portfolio diversification and income stability. The portfolio's diversified structure mitigated downside risk, maintaining growth and income despite macroeconomic challenges and dividend suspensions.
Positive
Seeking Alpha
1 month ago
UTG: Still Reasonably Valued Despite Recent Price Run
Reaves Utility Income Trust offers attractive long-term value with strong performance, outpacing XLU and SPY in price appreciation and total return over the past year. Despite recent price increases, UTG trades near fair value with a slight discount to NAV, supported by a growing NAV and an efficient portfolio strategy. UTG's 6.8% dividend yield is well-covered by earnings, making it a reliable income source, especially for retirees, with consistent dividend growth over the past decade.
Positive
Seeking Alpha
1 month ago
My 9.5% Income Portfolio-Like Mosaic Tiles
Our investments, usually conceived and implemented gradually over time, are the pieces of a personal mosaic that form the whole of our assets. One solution for entering the financial markets can be Dollar-Cost Averaging (DCA), a form of investing a constant amount at regular intervals. However, initiating a plan to buy stocks according to the logic of DCA presupposes awareness of the fluctuations in financial markets and their psychological implications.
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