Reaves Utility Income Fund (UTG)

NYSEAMERICAN: UTG · Real-Time Price · USD
34.20
+0.08 (0.23%)
Feb 21, 2025, 9:30 AM EST - Market open
0.23%
Market Value 3.01B
Revenue (ttm) 96.11M
Net Income (ttm) 865.29M
Shares Out 88.02M
EPS (ttm) 9.86
PE Ratio 3.46
Forward PE n/a
Dividend $2.28 (6.67%)
Ex-Dividend Date Mar 18, 2025
Volume 3,974
Open 34.16
Previous Close 34.12
Day's Range 34.08 - 34.20
52-Week Range 25.26 - 35.29
Beta 0.85
Analysts n/a
Price Target n/a
Earnings Date n/a

About UTG

Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves U... [Read more]

Sector Financials
Founded 2003
Country United States
Stock Exchange NYSEAMERICAN
Ticker Symbol UTG
Full Company Profile

Financial Performance

News

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 annuali...

Other symbols: BSTMOOPDIPFEQQQISTWD
1 day ago - Seeking Alpha

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 compa...

5 days ago - Seeking Alpha

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...

Other symbols: AGNCAIPIAMZNMOPDISTWDT
8 days ago - Seeking Alpha

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, ...

12 days ago - Seeking Alpha

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 Do...

16 days ago - Seeking Alpha

Forget DeepSeek: Up To 13% Dividend Yields From A.I. Investments

The recent flash crash in U.S. tech and AI stocks was triggered by DeepSeek's cost-efficient AI model, challenging the dominance of companies like NVIDIA. Despite market volatility, maintaining a bala...

22 days ago - Seeking Alpha

Time For Dividend Investors To Capitalize On AI Roller-Coaster

Trump, by taking the Office, has created an elevated uncertainty in the system, which is supportive for a heightened volatility. The DeepSeek in combination with rich multiples across the AI firm boar...

23 days ago - Seeking Alpha

If I Had $ 500,000 Today, This Is How I'd Invest For My Retirement

I'm exploring sectors to unlock outstanding income to fund a retirement and future. Running one of the biggest income-focused investment groups on Seeking Alpha, I can provide you with a unique perspe...

Other symbols: EPROUTF
23 days ago - Seeking Alpha

2 Fat Yields To Buy And Hold Forever

Retirement readiness should be measured by the predictability of your passive income. Beat the financial flexibility of the 4% rule with never-ending cash flows from robust dividends. We discuss our d...

Other symbols: EPD
4 weeks ago - Seeking Alpha

Dividend Harvesting Portfolio Week 203: $20,300 Allocated, $1,954.13 In Projected Dividends

The Dividend Harvesting Portfolio generated $35.71 in dividend income and increasing forward annualized dividend income to $1,954.13. My portfolio rules of not exceeding 5% per position or 20% per sec...

Other symbols: BPGSOQQQISTWD
4 weeks ago - Seeking Alpha

Reaves Utility Income Fund Section 19(a) Notice

DENVER, CO / ACCESS Newswire / January 17, 2025 / On January 17, 2025, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its com...

5 weeks ago - Accesswire

Dividend Harvesting Portfolio Week 202: $20,200 Allocated, $1,944.48 In Projected Dividends

The market started 2025 with volatility, but I remain bullish due to favorable macroeconomic conditions and expected Fed rate cuts. The Dividend Harvesting Portfolio mitigated downside risk despite ma...

Other symbols: BPKOMOOSTWD
5 weeks ago - Seeking Alpha

UTG: Relative Safety In Valuation For Utilities Going Into 2025

The Reaves Utility Income Fund offers high, consistently rising distributions, with a current yield of 7.23%. UTG's portfolio focuses on utilities and infrastructure, leveraging expertise to outperfor...

5 weeks ago - Seeking Alpha

UTG: Another Opportunity To Add To This 7% Yielding CEF (Upgrade)

I am very bullish on UTG for 2025, as declining risk-free rates make income-producing assets like UTG more attractive for yield-seeking investors. UTG's strong distribution history and tax-advantaged ...

6 weeks ago - Seeking Alpha

My 9.5% Income Portfolio: Better With Less, But Better

Risk is the probability of a negative event in the future. An abstract concept that is not measurable; otherwise it would not be risk. Ascertaining value is the first step in controlling risk, that is...

7 weeks ago - Seeking Alpha

Reaves Utility Income Fund Section 19(A) Notice

DENVER, CO / ACCESSWIRE / December 30, 2024 / On December 30, 2024, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common...

7 weeks ago - Accesswire

Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 Per Share

DENVER, CO / ACCESSWIRE / December 16, 2024 / Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, uncha...

2 months ago - Accesswire

7%-Yielding Retirement Monthly Dividend: Is UTG A Buy On The Dip?

UTG has significantly outperformed the market since my last buy rating earlier this year. However, it has pulled back sharply over the past week. I revisit the fund to see if it is a good buy on the d...

2 months ago - Seeking Alpha

CEFs Are Crushing It: How To Ride The 2024 Wave

Closed-End funds have been a source of significant upside and income in 2024. We have seen numerous distribution increases along with prices climbing. We look into the dynamics that have driven this s...

Other symbols: BTODFPDMBJPCPTYRQIUTF
2 months ago - Seeking Alpha

UTG: 6%-Plus Yield On Utilities, Outperforming In 2024

Utilities sector CEFs such as Reaves Utility Income Trust offer a high yield, defensive income with professional management. The UTG closed-end fund boasts strong performance with a 29.7% YTD return a...

2 months ago - Seeking Alpha

Bad News For REITs, Good News For High Income Investors

Many of us expected REITs to explode higher when the Fed would start to decrease interest rates. Rising long-term yields have quite quickly destroyed these expectations. In this article, I describe tw...

Other symbols: AREBIPBIPCENBEPDOSCHD
3 months ago - Seeking Alpha

2 Fat Yields, Up To 7%, For Financial Freedom

Dividend-paying investments bring balance and resilience. Market conditions fluctuate, but dividends provide a steady cash flow that lets you seize new opportunities as they arise. Enjoy consistent di...

Other symbols: EPD
3 months ago - Seeking Alpha

Reaves Utility Income: Your Portfolio Could Probably Use More 'Hard Assets'

Utility stocks have outperformed in 2024, driven by their durable 'hard assets' which offer investors long-tail value, inflation protection, and reduced competitive pressure. The Reaves Utility Income...

4 months ago - Seeking Alpha

UTG Can Keep Going Higher While Yielding Around 7%

UTG has appreciated 20.98% YTD, benefiting from increased energy demand driven by AI and tech sector growth, offering a 7% yield. Despite risks from potential rate hikes and high debt profiles of its ...

4 months ago - Seeking Alpha

Halt All The Politics, Focus On The Income

The market historically climbs in election years. So, what does that mean for your portfolio? We examine how politics and the market relate. I recommend focusing on interest rates and economic cycles ...

Other symbols: DFPPFFAUTF
4 months ago - Seeking Alpha