Reaves Utility Income Fund (UTG)
Frequently Asked Questions About Reaves Utility Income Fund (UTG)
Can you highlight UTG's dividend policy?
Reaves Utility Income Fund follows a policy of paying monthly dividends to its shareholders, which is a key component of the fund's appeal. The dividend amount may vary depending on the income generated from its investment portfolio, but the management aims to provide consistent and competitive yields relative to the broader market.
Does UTG engage in leverage?
Reaves Utility Income Fund may utilize leverage as part of its investment strategy to enhance returns. Leverage involves borrowing additional funds to invest in more securities than the fund could otherwise purchase, which can amplify gains but also increase risk. The use of leverage is carefully managed to maintain a balance between potential return and associated risks.
How does Reaves Utility Income Fund distribute income to shareholders?
Reaves Utility Income Fund typically distributes income to its shareholders through monthly dividends. The fund aims to provide a stable and attractive yield by recognizing the income generated from its holdings in utility companies and strategic investments across the infrastructure sector.
How does UTG compare to other closed-end funds?
Reaves Utility Income Fund distinguishes itself from other closed-end funds through its focus on utilities and related infrastructure investments. While some closed-end funds diversify across multiple sectors, UTG specializes in the utility sector, enabling it to leverage specialized knowledge and expertise in delivering investor value while addressing the unique characteristics of these industries.
How does UTG handle market volatility?
Reaves Utility Income Fund has a strategy to manage market volatility primarily through diversified investments in high-quality utility companies and infrastructure assets, which tend to be less sensitive to economic cycles. The management team actively monitors market conditions and adjusts the portfolio as needed to mitigate risks while pursuing income opportunities.
How frequently is UTG's performance reported?
Reaves Utility Income Fund typically reports its performance on a quarterly basis, providing updates on portfolio holdings, market outlook, and financial results. Additionally, the fund's management may issue periodic newsletters or investor communications to keep shareholders informed about performance relative to benchmarks and market developments.
Is UTG suitable for all types of investors?
While Reaves Utility Income Fund may be suitable for a broad range of investors, it is particularly attractive to income-focused investors seeking stable cash flow from their investments. However, its sector-specific focus may not align with all investment strategies, and potential investors should consider their risk tolerance, investment goals, and market conditions before investing.
What are the benefits of investing in UTG?
Investing in Reaves Utility Income Fund provides several benefits, including access to a professionally managed portfolio of utility stocks, potential for high dividend yields, and diversification across the utility sector. Additionally, the fund allows investors to gain exposure to essential services that tend to have stable demand, even during economic downturns.
What benchmarks does UTG use for performance comparison?
Reaves Utility Income Fund commonly uses benchmarks related to utility stocks and broader market indices, such as the S&P Utilities Sector Index or other relevant benchmarks, to gauge its performance relative to peers. These benchmarks help investors assess how well the fund is performing in comparison to similar investment opportunities.
What does Reaves Utility Income Fund (NYSE:UTG) do?
Reaves Utility Income Fund is a closed-end investment fund that focuses primarily on utility companies and income-producing infrastructure. The fund aims to provide shareholders with a high level of current income through investments in both utility equities and income-generating sectors. They strategically invest in a diversified portfolio of companies involved in the utility and energy industries, which typically offer stable cash flows and consistent dividends.
What is the historical performance of UTG?
Historically, Reaves Utility Income Fund has delivered reasonable returns that are in line with its investment objectives, but past performance is not indicative of future results. Investors should review available historical data on the fund's performance alongside market conditions to better understand its trends and returns over time.
What is the investment strategy of UTG?
The investment strategy of Reaves Utility Income Fund revolves around selecting utility and infrastructure companies with strong fundamentals, competitive advantages, and growth potential. The fund employs in-depth research and analysis to identify investments that offer sustainable income and capital appreciation while managing market risks through diversification.
What is the minimum investment required for UTG?
The minimum investment required for Reaves Utility Income Fund can vary depending on investment platforms and brokerage firms. Typically, investors can purchase shares of the fund at market prices on the NYSE, and there may not be a strict minimum for trading, but standard brokerage policies may apply.
What is UTG's expense ratio?
Reaves Utility Income Fund typically has an expense ratio that reflects the fees associated with managing the fund. This expense ratio is an important factor for investors to consider, as it impacts overall returns. Investors should check the latest available data on the fund's website or official filings for the most accurate figures.
What risks are associated with investing in UTG?
As with any investment, there are risks associated with investing in Reaves Utility Income Fund. These include market risk, interest rate risk, and sector-specific risks related to regulatory changes, operational challenges, or fluctuations in commodity prices. Investors should consider these risks when evaluating their investment strategy and objectives.
What types of investments does UTG focus on?
UTG primarily invests in common stocks of utility companies, which are engaged in providing essential services such as electricity, gas, and water. In addition to traditional utility investments, the fund may also explore opportunities in infrastructure-related assets, helping to ensure a diversified approach while targeting strong income generation.
When was Reaves Utility Income Fund founded?
Reaves Utility Income Fund was founded in 2004. Since its inception, the fund has been dedicated to providing investors with exposure to the utility sector, which is known for its relatively stable performance and income generation, especially during periods of market volatility.
Where can I find more information about UTG?
More information about Reaves Utility Income Fund can be found on its official website, which offers details about the fund's investment strategy, portfolio holdings, performance statistics, and shareholder communications. In addition, financial news platforms and investment research websites often provide analysis and updates on ETF and closed-end fund performance.
Who manages Reaves Utility Income Fund?
Reaves Utility Income Fund is managed by Reaves Asset Management, a boutique investment firm specializing in utility and infrastructure investments. The management team brings years of experience and expertise in the sector, with a focus on delivering consistent returns for shareholders through disciplined investment strategies.
What is the current price of Reaves Utility Income Fund?
The current price of Reaves Utility Income Fund is 39.75
When was Reaves Utility Income Fund last traded?
The last trade of Reaves Utility Income Fund was at 8:00 pm EDT on October 1st, 2025