Reaves Utility Income Fund (UTG)
AMEX AMEX Primary NASDAQ (NMS) 
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 outperform its sector benchmark, despite slightly higher volatility. UTG's current slight premium is not a concern unless it exceeds 2%; buying at a discount is preferable but not always predictable.
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 dividend income make it a compelling alternative to declining yields in money markets and CDs. The utility sector, a significant part of UTG's portfolio, stands to benefit from increased CapEx in A.I. data centers and favorable refinancing conditions.
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, 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.
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 dip.
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 and 35.7% 1-year return, outperforming the Utilities sector and S&P 500. This article details long and short-term performance, exposure to the Utilities sector, dividend growth, and yields for UTG and peers DPG, GUT, and MEGI.
Reaves Utility Income Fund Section 19(a) Notice
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 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 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.
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 Trust is highly attractive due to its strong track record, high yield, and focus on utility and 'hard asset' investments. UTG's dual mandate aims for high income and total returns, and management has successfully produced just that since inception.
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 holdings, UTG's diversified portfolio and historical performance make it a strong income investment. Economic conditions, including declining rates and increased CapEx spending by tech companies, set a bullish outlook for UTG into 2025.
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 much higher since our last update, though it has only maintained the usual slight premium that it has seen for the past ~five years. Given the changing interest rate environment, that should continue to bode well for UTG as its borrowing costs start to ease.
Unite Group enjoys stronger rents amid record university demand from UK school leavers
Student accommodation developer Unite Group PLC (LSE:UTG) reported stronger rental growth for the new 2024/25 academic year but occupancy slightly below a year ago. Like-for-like rental growth was 8.2% for the new batch of students, ahead of the 7% guidance given at the interims.
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, 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.
Reaves Utility Income Fund Section 19(a) Notice
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 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 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.
