Reaves Utility Income Fund

UTG

Market cap $3.82B

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESS Newswire / February 27, 2026 / On February 27, 2026, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.20 per share to shareholders of record at the close of business on February 18, 2026. 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.

One of the most expensive mistakes CEF investors make? Chasing a fund's discount.

Reaves Utility Income Fund delivers high, steady cash flow and consistent income growth, outperforming the S&P 500 since its 2004 inception.

This Is Not Your Father's Retirement: The 4% Rule Is Breaking

Headline CPI may have you believe things are steady, but inflation across essential categories remains hot. Tobacco products and utilities are examples of sectors where YoY rise in prices is 2.5 times higher than CPI. We discuss our top picks from these essential sectors, with yields of up to 6.3%.

Many retirees invest in high-yielding funds where the income looks irresistible, but the risk is hiding in plain sight. One overlooked factor can quietly destroy long-term retirement income. There is a far more reliable way most retirees completely ignore.

UTG is rated 'Buy' for its modern utilities focus, AI supercycle exposure, and consistent dividend growth. DNP is rated 'Hold' due to its traditional utility focus, higher premium to NAV, and lower total return versus UTG. UTG shows stronger dividend quality with a history of increases and lower reliance on Return of Capital compared to DNP.

A massive AI-driven spending wave is changing the infrastructure landscape. UTG stands out as a great one-stop high-yielding infrastructure investment opportunity. We discuss why UTG is such a great option for betting on infrastructure.

When we buy dividend stocks, we're looking for more than just the dividend. Price gains are preferred as well.

The Income Quintet - BDCs, Midstream Energy, REITs, Preferred Stocks, and Covered Call ETFs - offers a balanced approach to maximizing yield and income safety. I prioritize quality over raw yield, focusing on internally managed BDCs, disciplined midstream operators, select REITs, and actively managed preferred ETFs for sustainable income. BDCs with internal management, like MAIN, command significant NAV premiums, reflecting superior alignment and lower capital costs compared to externally managed peers.