Entities

Reaves Utility Income Fund

Reaves Utility Income Fund

Acronym
UTG
Entity Type
Link
Location
Founding Date
2003

The Reaves Utility Income Fund aims to provide a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation. It seeks to invest at least 80% of its total assets in dividend-paying common and preferred stocks and debt instruments of companies within the utility industry. The residual 20% of its assets may be invested in other securities or certain derivative instruments in the utility industry or other industries.

PORTFOLIO DATA (as of March 31, 2021)

Total Assets 
$2,266,304,467
Total Number of Holdings
43
NYSE Amex Symbol
UTG
NAV Symbol
XUTGX
Common Shares Outstanding 
57.39 million
NAV
$32.84
Market Price
$33.50
Current Distribution Rate
6.45%