Reaves Utility Income Fund (UTG)
| Market Value | 2.65B |
| Revenue (ttm) | 96.11M |
| Net Income (ttm) | 865.29M |
| Shares Out | 79.04M |
| EPS (ttm) | 9.86 |
| PE Ratio | 3.41 |
| Forward PE | n/a |
| Dividend | $2.28 (6.79%) |
| Ex-Dividend Date | Mar 18, 2025 |
| Volume | 271,857 |
| Open | 33.74 |
| Previous Close | 33.36 |
| Day's Range | 33.45 - 33.75 |
| 52-Week Range | 25.26 - 35.29 |
| Beta | 0.84 |
| 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]
Financial Performance
News
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...
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...
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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 ...
Path To $10,000 Of Annual Income In 5 Years Through SWAN Dividend Investing
In this article, I explore the potential path on how one could achieve $10,000 of annual portfolio income in just a 5-year period by accumulating a capital base from zero. I provide a sample portfolio...
Love the utilities XLU ETF? Boost it with some UTG
The Utilities Select Sector SPDR Fund (XLU) ETF has done well this year, helped by the strong growth of most utility companies. It has jumped by almost 30%, outperforming the Vanguard S&P 500 (VOO) an...
2 'Sleep Well At Night' CEFs Yielding 7% Or Higher
Closed-end funds offer a stable asset base and can invest in illiquid assets due to their fixed share structure. Reaves Utility Income Fund focuses on utilities, uses leverage, and has a strong histor...
UTG: Running Hot But Still An Attractive Long-Term Choice
Reaves Utility Income Fund (UTG) has offered a stable distribution to investors, with what I believe is an attractive outlook to be able to continue that going forward. UTG has seen its shares run muc...
How To Invest $153,000 For Durable $1,000 Monthly Income
Accessing current income streams on a monthly basis brings several advantages, both at emotional and compound interest level. For prudent investors to capture durable income streams, there has to be a...
Happy Days For High-Yield CEF Investors
Closed-end funds or CEFs that offer high yields usually come with notable external leverage, and in some cases, even with investment positions that have above-average risk profiles. Yet, the current s...
Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 per Share
DENVER, CO / ACCESSWIRE / October 7, 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, unchang...
Make Money While You Sleep, 2 Dividends For A Retirement Dream
There are only so many hours you can work to earn those paychecks. Money is the only element that no time or energy limits on its earning potential. Build your passive income today, we discuss two tim...
UTG: Plug Into This 7% Monthly Dividend For Retirement Income
Reaves Utility Income Trust offers a 7% yield and monthly dividends, enhancing compounding and providing steady income for investors. UTG's diversified portfolio includes utilities, communication, rea...
UTG: Utilities Are The New Gold As Real Rates Collapse (Rating Upgrade)
Utility stocks are highly sensitive to interest rates and often correlate with long-term bond prices, making them attractive as rates decline. UTG has recovered most losses since 2023, but its valuati...