Reaves utility income fund.
Oct 31, 2023 · Get the latest information on the Reaves Utility Income Fund (UTG), a mutual fund that invests in utility-related stocks and bonds. See the fund's rating, performance, sustainability, risk, price, portfolio, ownership, people, strategy, and more.
Contact us at 1-888-383-0553 or visit www.virtus.com for a copy of the Fund's prospectus. Read the prospectus carefully before you invest or send money. The …The Reaves Utility Income Fund seeks to provide a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation. Price Chart 1 Month 3 Months YTDSource: Reaves Utility Income Fund Website (performance) Conclusion: I am currently negative on UTG because of the impending dilution coming with the rights offering and the increasing number of ...The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker.Learn more about the Reaves Utility Income (UTG: XASE) fund quote with Morningstar rating and analysis including NAV, star rating, asset allocation, capital …
The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker.
Sep 23, 2015 · Contact us at 1-888-383-0553 or visit www.virtus.com for a copy of the Fund's prospectus. Read the prospectus carefully before you invest or send money. The Fund is an actively managed exchange-traded fund (“ETF”) and does not seek to replicate the performance of a specified index. The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker.
Reaves Utility Income Fund ( UTG ). News/Announcments: None. Updated: 2023-11-14. Last Close Price: $26.03. Yield: 9.12%. Payout Ratio: --. PE Ratio: 21.8.Holdings. Elevate your fund analysis with Holdings Data, allowing you to dive deeply into the intricacies of ETFs and Mutual Funds. Unlock comprehensive insights, track historical transformations, and employ powerful tools for comparison and categorization, propelling you to stay ahead in your investment strategies.The 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, unchanged from the per share rate paid for ...On February 28, 2023, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders ...To the Board of Trustees and Shareholders of Reaves Utility Income Fund: We have audited the accompanying statement of assets and liabilities of Reaves Utility Income Fund (the “Fund”), including the statement of investments, as of October 31, 2010, and the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the ...
The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker.
What's going on at Reaves Utility Income Fund (NYSEAMERICAN:UTG)? Read today's UTG news from trusted media outlets at MarketBeat.
The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. October 31, 2013 . Reaves Utility Income Fund (the “Fund”), acting pursuant to a Securities and Exchange Commission (“SEC”) exemptive order and with the approval of the Fund’s Board of Trustees (the “Board”), has adopted a plan, consistent with its investment objectives and policies to support a level distribution of income, capital gains and/or …A few months ago, I wrote an initial cautious article on the Reaves Utility Income Fund ( NYSE: UTG ), arguing for caution as rising interest rates are a headwind for utilities. Since my article ...Complete Reaves Utility Income Fund funds overview by Barron's. View the UTG funds market news. ... All of the mutual fund and ETF information contained in this display, with the exception of the ... Denver, CO 80290. 1-800-644-5571. [email protected]. Utility Income Fund (UTG) seeks to provide a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation. It intends to invest at least 80% of its total assets in dividend-paying common and preferred stocks and debt instruments ... The Reaves Utility Income Fund is a very popular CEF for several reasons , including: Big Monthly Dividend: UTG pays a big monthly dividend. The current yield is 6.9% and the actual payment has ...
Aug 9, 2023 · This fund is quite tiny, at only around $31 million in total assets. Finally, there is the Virtus Reaves Utilities ETF ( NYSEARCA: UTES ). This is an ETF that is managed by the Reaves, with John ... 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 ... The Reaves Utility Income Fund does certainly look like a good fund to use to play the sector as it is fairly well diversified and has a history of strong performance.Complete Reaves Utility Income Fund funds overview by Barron's. View the UTG funds market newsJun 20, 2023 · Closed End Fund. Asset Class. Sector Equity. Morningstar Category . Utilities. Prospectus Objective. Specialty - Utility. Net Assets AS OF 05/31/2023. $1.9B. Net Expense Ratio AS OF 10/31/2022. 1.42%. Sponsor. Reaves Asset Management. Inception Date. 02/24/2004. Financial Year-End. October 31, 2022. Benchmark Index. S&P 500 TR USD. Legal ... Jul 10, 2023 · The 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, unchanged from the per share rate paid for ...
DENVER, CO / ACCESSWIRE / November 30, 2023 / On November 30, 2023, the Reaves Utility Income Fund (NYSE American: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 16, 2023. The following …
Jan 16, 2023 · Reaves Utility Income is a premier monthly paying CEF with a 7.5% yield. The fund has never cut its monthly payout, has raised it 12 times since inception, and does not use the return of capital. The Reaves Utility Income Fund is a very popular CEF for several reasons , including: Big Monthly Dividend: UTG pays a big monthly dividend. The current yield is 6.9% and the actual payment has ...DENVER, CO / ACCESSWIRE / October 6, 2023 / The Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a ...On January 17, 2023, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholders ...١٧/٠٢/٢٠٢١ ... REAVES UTILITY INCOME FUND ANNOUNCES 2021 TAX INFORMATION. Denver, Colorado—The Reaves Utility Income Fund (NYSE Amex: UTG) today announced ...Dec 16, 2022 · The Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, dividends at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the ... When is Reaves Utility Income Fund's next dividend payment? Reaves Utility Income Fund's next monthly dividend payment of $0.19 per share will be made to shareholders on Thursday, November 30, 2023. When was Reaves Utility Income Fund's most recent dividend payment?Statement Pursuant to Section 19 (a) of the Investment Company Act of 1940. DENVER, CO / ACCESSWIRE / November 30, 2023 / On November 30, 2023, the …
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940DENVER, CO / ACCESSWIRE / November 30, 2023 / On November 30, 2023, the …
Reaves Asset Management is the Sub-Advisor to the Virtus Reaves Utilities ETF, a registered exchange-traded fund. The Fund seeks to provide total return through a combination of capital appreciation and income through investments in equity securities of companies in the utility sector. The Fund is actively managed and does not seek to …
Reaves Utility Income Fund (the Fund) is a closed-end management investment company. The Fund's investment objective is to provide an after-tax income and total return consisting primarily of tax-advantaged dividend income and capital appreciation.The Reaves Utility Income Fund continued to generate tax advantaged income for investors. The Fund maintained its leverage at about 20% of net assets, which we think is a prudent level given market conditions. The individual companies in which the Fund invests proved resilient during the period. Many holdings grew earnings and increased ...Statement Pursuant to Section 19 (a) of the Investment Company Act of 1940. DENVER, CO / ACCESSWIRE / November 30, 2023 / On November 30, 2023, the Reaves Utility Income Fund (NYSE American:UTG ...Risk. Closed end funds are subject to the risk of their underlying assets and investment strategy. The market price may experience periods of increased volatility due to the use of leverage as well as market and fund illiquidity. Unlike open end funds, closed end funds trade on an exchange at a price which is often a discount to their net asset ...A few months ago, I wrote an initial cautious article on the Reaves Utility Income Fund ( NYSE: UTG ), arguing for caution as rising interest rates are a headwind for utilities. Since my article ...REAVES UTILITY INCOME FUND . ANNUAL MEETING OF SHAREHOLDERS APRIL 4, 2023 . PROXY STATEMENT . This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Trustees (the “Board”) of the Reaves Utility Income Fund (the “Fund”) for use at the Annual Meeting of Shareholders of the Fund to be held via virtuTrack Reaves Utility Income Fund (UTG) Stock Price, Quote, latest community messages, chart, news and other stock related information.Contact us at 1-888-383-0553 or visit www.virtus.com for a copy of the Fund's prospectus. Read the prospectus carefully before you invest or send money. The …DENVER, December 17, 2015 -- Reaves Utility Income Fund (NYSE MKT: UTG) will issue. 5,309,277 new common shares as a result of the Rights Offering which ...02/24/04. Phone Number. 800-644-5571. DATE. INCOME. DISTRIBUTION. View the latest Reaves Utility Income Fund (UTG) stock price and news, and other vital information for better exchange traded fund ...
The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker.Reaves Utility Income Fund is a superstar CEF that has stood the test of time since its inception in 2004. The utility sector experiences inelastic demand and generates predictably consistent ...Jun 20, 2023 · Monday Is Your Last Chance To Buy Reaves Utility Income Before The Dividend Payout. Monday marks the last chance for investors to receive the next dividend payout from Reaves Utility Income. The company announced on Thursday that it would pay shareholders a monthly dividend of 19 cents per share. Instagram:https://instagram. vwo holdingsapple option chainenergy stocks to buy nowwhat is a stock target price NVIDIA Corporation Common Stock. $465.98 +0.24 +0.05%. RIVN. Rivian Automotive, Inc. Class A Common Stock. $16.95 -0.05 -0.29%. Find the latest dividend history for Reaves Utility Income Fund ... business development training coursesbest dollar5000 investment Dec 1, 2023 · The Reaves Utility Income Fund stock price gained 0.570% on the last trading day (Tuesday, 28th Nov 2023), rising from $26.31 to $26.46. During the last trading day the stock fluctuated 0.93% from a day low at $26.28 to a day high of $26.52. The price has risen in 7 of the last 10 days and is up by 5.84% over the past 2 weeks. best apps for stock market Find Reaves Utility Income Trust (UTG) top 10 holdings and sector breakdown by %.After writing an article on the Reaves Utility Income Fund , it became apparent that there was a major problem with retail investors confusing distributions with earned dividends. "UTG ...Reaves Utility Income Fund. Up to 6,198,336 Common Shares of Beneficial Interest . Reaves Utility Income Fund (the “Fund”) has entered into a distribution agreement, dated November 14, 2019, with ALPS Distributors, Inc. (the “Distributor”), as amended by Amendment No. 1 thereto, dated October 6, 2020 (together, the “Distribution ...