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 Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.
IPO Year: 2004
Exchange: AMEX
Website: utilityincomefund.com/
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / October 31, 2024 / On October 31, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on October 18, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribu
DENVER, CO / ACCESSWIRE / October 7, 2024 / Reaves Utility Income Fund (NYSE:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of October 1, 2024, the Fund's market price was $32.83 per share and its net asset value was $32.69 per share.Tim Porter, the Fund's co-portfolio manager and Chief Investment Officer of Reaves Asset Management, the Fund's investment adviser, commented, "We remain confident that our portfolio of utility and infrastructure companies will continue to support the Fund's monthly distribution to shareholders."The Fund has formally implemented the 19b
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / September 30, 2024 / On September 30, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on September 17, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total di
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / August 30, 2024 / On August 30, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on August 16, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distributio
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / July 31, 2024 / On July 31, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on July 19, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amou
DENVER, CO / ACCESSWIRE / July 9, 2024 / Reaves Utility Income Fund (NYSE:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of July 2, 2024, the Fund's market price was $27.16 per share and its net asset value was $26.86 per share.Tim Porter, the Fund's co-portfolio manager and Chief Investment Officer of Reaves Asset Management, the Fund's investment adviser, commented, "We remain confident that our portfolio of utility and infrastructure companies will continue to support the Fund's monthly distribution to shareholders."The Fund has formally implemented the 19b-1 exe
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / June 28, 2024 / On June 28, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on June 17, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amou
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940DENVER, CO / ACCESSWIRE / May 31, 2024 / On May 31, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on May 17, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount p
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940DENVER, CO / ACCESSWIRE / April 30, 2024 / On April 30, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on April 19, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution am
DENVER, CO / ACCESSWIRE / March 28, 2024 / On March 28, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on March 15, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net inv
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
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4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / October 31, 2024 / On October 31, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on October 18, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribu
DENVER, CO / ACCESSWIRE / October 7, 2024 / Reaves Utility Income Fund (NYSE:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of October 1, 2024, the Fund's market price was $32.83 per share and its net asset value was $32.69 per share.Tim Porter, the Fund's co-portfolio manager and Chief Investment Officer of Reaves Asset Management, the Fund's investment adviser, commented, "We remain confident that our portfolio of utility and infrastructure companies will continue to support the Fund's monthly distribution to shareholders."The Fund has formally implemented the 19b
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / September 30, 2024 / On September 30, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on September 17, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total di
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / August 30, 2024 / On August 30, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on August 16, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distributio
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / July 31, 2024 / On July 31, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on July 19, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amou
DENVER, CO / ACCESSWIRE / July 9, 2024 / Reaves Utility Income Fund (NYSE:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of July 2, 2024, the Fund's market price was $27.16 per share and its net asset value was $26.86 per share.Tim Porter, the Fund's co-portfolio manager and Chief Investment Officer of Reaves Asset Management, the Fund's investment adviser, commented, "We remain confident that our portfolio of utility and infrastructure companies will continue to support the Fund's monthly distribution to shareholders."The Fund has formally implemented the 19b-1 exe
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / June 28, 2024 / On June 28, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on June 17, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amou
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940DENVER, CO / ACCESSWIRE / May 31, 2024 / On May 31, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on May 17, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount p
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940DENVER, CO / ACCESSWIRE / April 30, 2024 / On April 30, 2024, the Reaves Utility Income Fund (NYSE:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders of record at the close of business on April 19, 2024.The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution am
DENVER, CO / ACCESSWIRE / April 5, 2024 / Reaves Utility Income Fund (NYSE:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of April 2, 2024, the Fund's market price was $26.95 per share and its net asset value was $26.59 per share.Tim Porter, the Fund's co-portfolio managerand Chief Investment Officer of Reaves Asset Management, the Fund's investment adviser, commented, "We remain confident that our portfolio of utility and infrastructure companies will continue to support the Fund's monthly distribution to shareholders".The Fund has formally implemented the 19b-1 ex
N-2ASR - REAVES UTILITY INCOME FUND (0001263994) (Filer)
RW - REAVES UTILITY INCOME FUND (0001263994) (Filer)
N-2ASR - REAVES UTILITY INCOME FUND (0001263994) (Filer)
N-PX - REAVES UTILITY INCOME FUND (0001263994) (Filer)
N-CSRS - REAVES UTILITY INCOME FUND (0001263994) (Filer)
NPORT-P - REAVES UTILITY INCOME FUND (0001263994) (Filer)
NPORT-P - REAVES UTILITY INCOME FUND (0001263994) (Filer)
8-K - REAVES UTILITY INCOME FUND (0001263994) (Filer)
DEF 14A - REAVES UTILITY INCOME FUND (0001263994) (Filer)
8-K - REAVES UTILITY INCOME FUND (0001263994) (Filer)
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
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4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
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3 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
On Tuesday, 647 companies set new 52-week lows. Things to Consider About Today's 52-Week Lows: Bank of America (NYSE:BAC) was the biggest company on a market cap basis to set a new 52-week low. Blue Star Foods (NASDAQ:BSFC) was the smallest company by market cap to set a new 52-week low. Stryve Foods (NASDAQ:SNAX) shares dropped the most, trading down 27.96% to reach its new 52-week low. Royal Bank of Canada (NYSE:RY) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. Stocks dropping to new 52-week lows on Tuesday: Bank of America (NYSE:BAC) shares set a new yearly low of $26.16 this morning. The stock was down 0.75% on
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During Thursday's session, 406 companies made new 52-week lows. Key Facts About Today's 52-Week Lows: The largest company by market cap to set a new 52-week low was Pfizer (NYSE:PFE). The smallest company by market cap to set a new 52-week low was Ascent Solar Technologies (NASDAQ:ASTI). Ascent Solar Technologies (NASDAQ:ASTI)'s stock fell the most, as it traded down 62.52% to reach a new 52-week low. Nuveen Pennsylvania (NYSE:NQP)'s stock bounced back the most, actually rising 0.0% after reaching its new 52-week low. Stocks that set new 52-week lows on Thursday are as follows: Pfizer (NYSE:PFE) stock hit $31.77 on Thursday morning, setting a new 52-week low for a change of do
Monday marks the last chance for investors to receive the next dividend payout from Reaves Utility Income (AMEX:UTG). What's Happening The company announced on Thursday that it would pay shareholders a monthly dividend of 19 cents per share. On Tuesday, Reaves Utility Income will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 19 cents lower than it would have opened on any other day. In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Tuesday. Shareholders who own UTG as of the end of Monday's session are eligible to receive the 19 cents di
During Wednesday's trading, 517 companies set new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Microsoft (NASDAQ:MSFT) was the largest firm on a market cap basis to set a new 52-week low. SenesTech (NASDAQ:SNES) was the smallest firm by market cap to set a new 52-week low. Kinnate Biopharma (NASDAQ:KNTE) shares traded down 33.88% to reach its 52-week low, making it the biggest loser. AT&T (NYSE:T)'s shares had the biggest turnaround, impressively rebounding 0.0% after reaching a new 52-week low. The following stocks set new 52-week lows on Wednesday: Microsoft (NASDAQ:MSFT) stock set a new 52-week low of $223.96 on Wednesday, moving up 0.01%. JPMorgan Chase
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During Monday's session, 402 companies made new 52-week lows. Areas of Interest About Today's 52-Week Lows: Taiwan Semiconductor (NYSE:TSM) was the largest firm on a market cap basis to set a new 52-week low. Connexa Sports Techs (NASDAQ:CNXA) was the smallest, in terms of market cap, to set a new 52-week low. Ra Medical Systems (AMEX:RMED)'s stock moved significantly downwards, trading down 5159.35% to reach a new 52-week low. AMMO (NASDAQ:POWW) shares rebounded the highest, with shares trading up 0.0%, bouncing back after reaching its new 52-week low. These stocks set new 52-week lows on Monday: Taiwan Semiconductor (NYSE:TSM) shares hit a yearly low of $67.66. The stock was
On Thursday, 930 stocks hit new 52-week lows. Interesting Points From Today's 52-Week Lows: The largest company in terms of market cap to set a new 52-week low was Microsoft (NASDAQ:MSFT). The smallest company by market cap to set a new 52-week low was FedNat Holding (NASDAQ:FNHC). Sunlight Finl Hldgs (NYSE:SUNL) saw the most pronounced move, as shares traded down 54.56% to hit its new 52-week low. Abbott Laboratories (NYSE:ABT)'s stock made the biggest bounce back, actually moving up 0.01% shortly after hitting a new 52-week low. Here are all the stocks that set new 52-week lows on Thursday: Microsoft (NASDAQ:MSFT) shares were down 2.37% for the day, having made a 52-week low