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/
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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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DENVER, CO / ACCESS Newswire / January 17, 2025 / On January 17, 2025, 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 December 31, 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
DENVER, CO / ACCESSWIRE / December 30, 2024 / On December 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 December 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 distribution amount per share, attributable to (i) current and prior fiscal yea
DENVER, CO / ACCESSWIRE / December 16, 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 December 9, 2024, the Fund's market price was $33.62 per share and its net asset value was $33.58 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
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / November 29, 2024 / On November 29, 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 November 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 distr
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
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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)
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
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4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
4 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
3 - REAVES UTILITY INCOME FUND (0001263994) (Issuer)
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DENVER, CO / ACCESS Newswire / January 17, 2025 / On January 17, 2025, 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 December 31, 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
DENVER, CO / ACCESSWIRE / December 30, 2024 / On December 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 December 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 distribution amount per share, attributable to (i) current and prior fiscal yea
DENVER, CO / ACCESSWIRE / December 16, 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 December 9, 2024, the Fund's market price was $33.62 per share and its net asset value was $33.58 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
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / November 29, 2024 / On November 29, 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 November 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 distr
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