UTG
Reaves Utility Income Fund · Financial Services
40.12
0.27%(-0.11)
Market OpenLast Updated: — ET
52W L: $28.4052W H: $42.35
$40.08
CHG+0.27 (+0.68%)
H$41.39
L$38.30
VOL4.4M
UTG (1h)
Reaves Utility Income Fund · Financial Services
DENVER, CO / ACCESS Newswire / April 7, 2026 / Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.20 per common share per month, unchanged from the per share rate paid for the previous quarter. As of April 1, 2026, the Fund's market price was $39.77 per share and its net asset value was $39.62 per share.
The higher yields we choose, the more risks we introduce in our portfolios. Usually, the double-digit level is the tipping point from which the risks start to increase exponentially. The 14%+ yielding zone is very dangerous (packed with many landmines and only few areas of safety).
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESS Newswire / March 31, 2026 / On March 31, 2026, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.20 per share to shareholders of record at the close of business on March 18, 2026. 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.
This 7-fund, all-funds portfolio targets a ~8% income yield and market-matching growth with passive, diversified exposure across equities, bonds, energy, utilities, and real estate. The portfolio has delivered a trailing 12-month yield on cost of 9.42% and an annualized return (CAGR) of 14.67%, outperforming the S&P500 with 20% lower volatility. This strategy is designed for retirees seeking high, consistent income and reduced volatility without sacrificing long-term growth potential.
Reaves Utility Income Fund delivers a 6.2% yield, but 86% of distributions stem from capital gains, not recurring utility income. UTG operates as a leveraged equity strategy focused on AI-driven utilities and infrastructure, with 24.8% leverage amplifying both returns and risk. Recent NAV growth (+27% YoY) is tied to concentrated bets on power producers benefiting from AI/data center electricity demand, not traditional utility defensiveness.
Reaves Utility Income Fund remains a buy, offering a 6.2% yield and direct exposure to utility companies poised to benefit from AI-driven data center growth. UTG trades at a 0.92% premium to NAV, slightly above its five-year average, but its active management and top-heavy portfolio have outperformed peers. Growth catalysts include rising AI power demand, with holdings like TLN, ETR, VST, and EQIX forecasting robust earnings and revenue growth tied to data centers.
Rhame Joseph Burns III
other: Officer of Investment Advisor
22.142 SH @ $38.22
2025-10-30
Rhame Joseph Burns III
other: Officer of Investment Advisor
34.786 SH @ $38.22
2025-10-30
Rhame Joseph Burns III
other: Officer of Investment Advisor
2,700 SH @ $37.80
2025-10-23
Rhame Joseph Burns III
other: Officer of Investment Advisor
21.615 SH @ $39.62
2025-09-30
Rhame Joseph Burns III
other: Officer of Investment Advisor
33.958 SH @ $39.62
2025-09-30
Rhame Joseph Burns III
other: Officer of Investment Advisor
22.011 SH @ $37.94
2025-08-29
Rhame Joseph Burns III
other: Officer of Investment Advisor
21.726 SH @ $34.60
2024-12-02
Rhame Joseph Burns III
other: Officer of Investment Advisor
2,700 SH @ $37.80
2025-10-23