About RSRFX
Reaves Utilities and Energy Infrastructure Fund Institutional Class is an open-end mutual fund focused on infrastructure equity investments. The fund primarily targets companies engaged in essential infrastructure activities, channeling at least 80% of its net assets into domestic and foreign public infrastructure firms. Its investment scope encompasses sectors such as utilities, energy, communication services, real estate, industrials, and materials, emphasizing companies that derive at least half of their assets, income, or profits from utility or energy-related operations. Notable holdings often include major players in energy, utilities, and transportation, with a portfolio that tends to concentrate on mid- and large-cap firms across these sectors. Managed by Reaves Asset Management, the fund is structured to seek total return through a combination of income and capital appreciation. Its diversified holdings support critical infrastructure like power grids, pipelines, railroads, and telecommunications, reflecting a strategy built around the stability and long-term growth often associated with essential service providers. Established in 2004, the fund caters to institutional investors and is designed to offer exposure to infrastructure assets, which play a foundational role in the broader economy.
Fund Family Reaves Select Research
Category Infrastructure
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol RSRFX
Share Class Institutional Class Shares
Index S&P 500 TR
RSRFX had a total return of 3.37% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.88%.
