Reaves Utility (UTG)

$33.01 +0.15 (0.46%)
Market Cap N/A
Revenue (ttm) -69.89M
Net Income (ttm) -74.37M
EPS (ttm) N/A
PE Ratio N/A
Forward PE N/A
Profit Margin N/A
Debt to Equity Ratio N/A
Volume 6,427
Avg Vol 341,740
Day's Range N/A - N/A
Shares Out N/A
Stochastic %K 92%
Beta N/A
Analysts Strong Buy
Price Target N/A

Company Profile

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...

Industry: Asset Management
Sector: Financial Services
Phone: 201 332 4596
Fax: 201 332 8593
Address:
10 Exchange Place, 18th Floor, Jersey City, United States
PennyWeasel
PennyWeasel Jul. 14 at 6:01 PM
$UTG Bought back 1/3 of the shares I sold today at $41.30 for $40.85. May or may not hold them thru ex-div (17th). Gotta depend on the price action between now and the 16th! 🥰🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jul. 14 at 3:17 PM
$UTG Hard to say "No" to 6-7 months worth of divvis on a 6% yielding stock and having had it only 6-market days. So, I sold 80% of my current holdings (kept the $39.72's) for $41.30. Ex-div. still a few days away on 07/17 so I have a shot at a buy back on an "out of the blue" dip. Also, based on current NAV and 52-Wk discount to NAV average, forward looking target price is $40.81... so there's that. Currently trading $0.50 +/- above. Still bullish! Cash in-hand and ready to buy when the price is right once again. WRR! 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jul. 10 at 9:58 PM
$UTG $GUT Revised NAV for today is UP $0.19 to $41.22. Revised Price Target of $41.04. For 1-week of "work" (1st buy was Monday) we're up 2.56% on a 6.3% yielding stock. Up 4.5 months of divvi on paper plus those banked pesos. Although, I really like the way it peaks then drops. Might just be a really good flipper! Still early. Here's to a hot weekend. At least it's a "dry heat".🥃🥃
0 · Reply
PennyWeasel
PennyWeasel Jul. 10 at 7:28 PM
$UTG $GUT 🥰🥰 it when a plan comes together. So far so good anyway. After some wheel'n & deal'n of high priced shs for lower priced shs, got my UTG average down to $39.884 with some pesos banked to boot. Then she took off! Revised forward target price based on current NAV ($41.03) is $40.85 and we're sitting at $40.80 for the HOD. Picture perfect! Well, until it ain't! 🤣 Here's to a great weekend! 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jul. 6 at 11:49 PM
$UTG (Utility Income Fund) $GUT Granted the current yield on this (6.3%) is lower than what I would normally play with CEF's, but this one has a lot lower level of risk IMHO and a few other things going for it that make 6.3% palatable... - It's a CEF with solid growth history - I'm in for the growth - It pays an ever increasing distribution (currently $0.21 /mth) - It's currently trading at a discount to NAV (-2.41% vs its -0.39% norm) - Current frwd looking TP of $40.91 based on 52-Wk Dscnt. to NAV avg. - NAV increased today $0.09 to $41.07 After a little wheel'n and deal'n today, I'm now sitting on an initial position of 187.622 shs w/ an avg. PP of $39.97. Ex-div: July 17th Thanks for mentioning @1000kv! @antisocial @copperhat 🍀🍀🥃
2 · Reply
PennyWeasel
PennyWeasel Jul. 6 at 1:47 PM
$UTG $GAB $OXLC Based on the 52-Wk Discount vs NAV share price (-0.39%), current discount sits at a -2.32%. Current NAV: $40.98. This in time will return to averages which puts the forward looking share price at $40.82. Hence a BUY in my book! So I did just that! $40.027 🍀🍀🥃 Just waiting now on my last DRIPs from $PDI and $PDO to sell them off and put them in the rearview mirror.
0 · Reply
Firkin
Firkin Jul. 3 at 7:47 AM
$UTF $UTG $GAB under $6
1 · Reply
PolishPrince23
PolishPrince23 Jun. 23 at 3:03 PM
$UTG Another raise. As expected.
0 · Reply
bellgrand
bellgrand Jun. 6 at 6:31 AM
$UTG Load up. If the market continues to tank, utilities is going to be one of the safe havens.
0 · Reply
masonjoel99
masonjoel99 May. 31 at 1:59 AM
$UTG dividend should go up and then stock price will go up. Thank you Norm H.
0 · Reply
Latest News on UTG
Reaves Utility Income Fund Section 19(a) Notice

Jun 30, 2026, 6:59 AM EDT - 14 days ago

Reaves Utility Income Fund Section 19(a) Notice

Reaves Utility Income Fund Increases Its Monthly Distribution 5% to $0.21 Per Share

Jun 23, 2026, 6:59 AM EDT - 21 days ago

Reaves Utility Income Fund Increases Its Monthly Distribution 5% to $0.21 Per Share

Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.20 Per Share

Apr 7, 2026, 6:59 AM EDT - 3 months ago

Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.20 Per Share

This Dividend's 29% Discount Is A Clear Danger Sign

Feb 24, 2026, 2:45 PM EST - 4 months ago

This Dividend's 29% Discount Is A Clear Danger Sign

BPRE

A 6.3% Dividend Play Tailor-Made For 2026

Jan 22, 2026, 11:30 AM EST - 6 months ago

A 6.3% Dividend Play Tailor-Made For 2026

6 Dividend Stocks Ready To Benefit From 2026's Rate-Shift Economy

Dec 4, 2025, 12:15 PM EST - 7 months ago

6 Dividend Stocks Ready To Benefit From 2026's Rate-Shift Economy

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Reaves Utility Income Fund Increases its Monthly Distribution 5.26% to $0.20 Per Share

Jun 23, 2025, 6:59 AM EDT - 1 year ago

Reaves Utility Income Fund Increases its Monthly Distribution 5.26% to $0.20 Per Share

Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 Per Share

Apr 7, 2025, 6:59 AM EDT - 1 year ago

Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 Per Share

Reaves Utility Income Fund Section 19(A) Notice

Dec 30, 2024, 6:59 AM EST - 1 year ago

Reaves Utility Income Fund Section 19(A) Notice

Love the utilities XLU ETF? Boost it with some UTG

Oct 19, 2024, 7:18 AM EDT - 1 year ago

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Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 per Share

Oct 7, 2024, 6:59 AM EDT - 1 year ago

Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 per Share

Don't Settle: 5 Big Dividends With 24% Upside For Rest Of 2024

Jul 18, 2024, 10:41 AM EDT - 2 years ago

Don't Settle: 5 Big Dividends With 24% Upside For Rest Of 2024

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Reaves Utility Income Fund Announces Regular Monthly Distributions 0f $0.19 Per Share

Jul 9, 2024, 6:59 AM EDT - 2 years ago

Reaves Utility Income Fund Announces Regular Monthly Distributions 0f $0.19 Per Share

This 8.1% Payer Is The ‘Morning Coffee' Of Dividends

Jun 12, 2024, 11:00 AM EDT - 2 years ago

This 8.1% Payer Is The ‘Morning Coffee' Of Dividends

Interest Rate ‘Panic' Will Fuel This 8%+ Yielding CEF

May 15, 2024, 11:55 AM EDT - 2 years ago

Interest Rate ‘Panic' Will Fuel This 8%+ Yielding CEF

Reaves Utility Income Fund Announces Regular Monthly Distributions Of $0.19 Per Share

Dec 15, 2023, 5:59 AM EST - 2 years ago

Reaves Utility Income Fund Announces Regular Monthly Distributions Of $0.19 Per Share

Reaves Utility Income Fund Announces Regular Monthly Distribution of $0.19 per Share

Oct 6, 2023, 9:30 AM EDT - 3 years ago

Reaves Utility Income Fund Announces Regular Monthly Distribution of $0.19 per Share

I Bond Yields Have Tumbled: Buy These Bonds Instead

Aug 3, 2023, 10:49 AM EDT - 3 years ago

I Bond Yields Have Tumbled: Buy These Bonds Instead

The Reaves Utility Income Fund Announces Regular Monthly Distribution of $0.19 Per Share

Apr 6, 2023, 9:30 AM EDT - 3 years ago

The Reaves Utility Income Fund Announces Regular Monthly Distribution of $0.19 Per Share

Reaves Utility Income Fund Dividend Declaration

Dec 16, 2022, 9:30 AM EST - 3 years ago

Reaves Utility Income Fund Dividend Declaration

Wall Street Is Jam-Packed With 8%+ Fire-Sale Dividends

Oct 17, 2022, 8:05 AM EDT - 4 years ago

Wall Street Is Jam-Packed With 8%+ Fire-Sale Dividends

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The Reaves Utility Income Fund Announces Regular Monthly Dividend of $0.19 Per Share

Oct 10, 2022, 9:30 AM EDT - 4 years ago

The Reaves Utility Income Fund Announces Regular Monthly Dividend of $0.19 Per Share

REAVES UTILITY INCOME FUND SECTION 19(a) NOTICE

Aug 31, 2022, 9:30 AM EDT - 4 years ago

REAVES UTILITY INCOME FUND SECTION 19(a) NOTICE

THE REAVES UTILITY INCOME FUND ANNOUNCES REGULAR MONTHLY DIVIDEND OF $0.19 PER SHARE

Jul 11, 2022, 9:30 AM EDT - 4 years ago

THE REAVES UTILITY INCOME FUND ANNOUNCES REGULAR MONTHLY DIVIDEND OF $0.19 PER SHARE

The Reaves Utility Income Fund Increases Its Monthly Distribution 5.56% To $0.19 Per Share

Jun 21, 2021, 6:30 AM EDT - 5 years ago

The Reaves Utility Income Fund Increases Its Monthly Distribution 5.56% To $0.19 Per Share

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Nov 11, 2020, 11:12 AM EST - 6 years ago

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Jul 16, 2020, 2:00 AM EDT - 6 years ago

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May 31, 2020, 11:10 AM EDT - 6 years ago

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Oct 9, 2019, 3:50 PM EDT - 7 years ago

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PennyWeasel
PennyWeasel Jul. 14 at 6:01 PM
$UTG Bought back 1/3 of the shares I sold today at $41.30 for $40.85. May or may not hold them thru ex-div (17th). Gotta depend on the price action between now and the 16th! 🥰🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jul. 14 at 3:17 PM
$UTG Hard to say "No" to 6-7 months worth of divvis on a 6% yielding stock and having had it only 6-market days. So, I sold 80% of my current holdings (kept the $39.72's) for $41.30. Ex-div. still a few days away on 07/17 so I have a shot at a buy back on an "out of the blue" dip. Also, based on current NAV and 52-Wk discount to NAV average, forward looking target price is $40.81... so there's that. Currently trading $0.50 +/- above. Still bullish! Cash in-hand and ready to buy when the price is right once again. WRR! 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jul. 10 at 9:58 PM
$UTG $GUT Revised NAV for today is UP $0.19 to $41.22. Revised Price Target of $41.04. For 1-week of "work" (1st buy was Monday) we're up 2.56% on a 6.3% yielding stock. Up 4.5 months of divvi on paper plus those banked pesos. Although, I really like the way it peaks then drops. Might just be a really good flipper! Still early. Here's to a hot weekend. At least it's a "dry heat".🥃🥃
0 · Reply
PennyWeasel
PennyWeasel Jul. 10 at 7:28 PM
$UTG $GUT 🥰🥰 it when a plan comes together. So far so good anyway. After some wheel'n & deal'n of high priced shs for lower priced shs, got my UTG average down to $39.884 with some pesos banked to boot. Then she took off! Revised forward target price based on current NAV ($41.03) is $40.85 and we're sitting at $40.80 for the HOD. Picture perfect! Well, until it ain't! 🤣 Here's to a great weekend! 🍀🍀🥃
0 · Reply
PennyWeasel
PennyWeasel Jul. 6 at 11:49 PM
$UTG (Utility Income Fund) $GUT Granted the current yield on this (6.3%) is lower than what I would normally play with CEF's, but this one has a lot lower level of risk IMHO and a few other things going for it that make 6.3% palatable... - It's a CEF with solid growth history - I'm in for the growth - It pays an ever increasing distribution (currently $0.21 /mth) - It's currently trading at a discount to NAV (-2.41% vs its -0.39% norm) - Current frwd looking TP of $40.91 based on 52-Wk Dscnt. to NAV avg. - NAV increased today $0.09 to $41.07 After a little wheel'n and deal'n today, I'm now sitting on an initial position of 187.622 shs w/ an avg. PP of $39.97. Ex-div: July 17th Thanks for mentioning @1000kv! @antisocial @copperhat 🍀🍀🥃
2 · Reply
PennyWeasel
PennyWeasel Jul. 6 at 1:47 PM
$UTG $GAB $OXLC Based on the 52-Wk Discount vs NAV share price (-0.39%), current discount sits at a -2.32%. Current NAV: $40.98. This in time will return to averages which puts the forward looking share price at $40.82. Hence a BUY in my book! So I did just that! $40.027 🍀🍀🥃 Just waiting now on my last DRIPs from $PDI and $PDO to sell them off and put them in the rearview mirror.
0 · Reply
Firkin
Firkin Jul. 3 at 7:47 AM
$UTF $UTG $GAB under $6
1 · Reply
PolishPrince23
PolishPrince23 Jun. 23 at 3:03 PM
$UTG Another raise. As expected.
0 · Reply
bellgrand
bellgrand Jun. 6 at 6:31 AM
$UTG Load up. If the market continues to tank, utilities is going to be one of the safe havens.
0 · Reply
masonjoel99
masonjoel99 May. 31 at 1:59 AM
$UTG dividend should go up and then stock price will go up. Thank you Norm H.
0 · Reply
masonjoel99
masonjoel99 May. 30 at 2:37 PM
$UTG agreed
0 · Reply
masonjoel99
masonjoel99 May. 30 at 2:35 PM
$UTG strong earnings. Dividend will probably go up.
0 · Reply
masonjoel99
masonjoel99 May. 30 at 2:35 PM
$UTG $V has it all.
0 · Reply
masonjoel99
masonjoel99 May. 30 at 2:34 PM
$UTG seems to be having great earnings and dividend.
0 · Reply
SuperGreenToday
SuperGreenToday May. 14 at 8:26 PM
$UTG
0 · Reply
stockanalysis_
stockanalysis_ Apr. 11 at 7:45 PM
Closed End Funds List: $CEF $PDI $DNP $UTG $NEA Download this screener: https://stockanalysis.com/list/closed-end-funds/?ref=saveontrading
0 · Reply
BrettAshcroftGreenSA
BrettAshcroftGreenSA Apr. 2 at 2:02 PM
https://seekingalpha.com/article/4887937-targeting-60000-in-growing-dividends-with-an-schd-core High yield isn’t free. Chasing 7–10% often means leverage or options risk. A smarter approach: pair $SCHD dividend growth with CEF income like $ADX $UTG $BME $PEO. Target 6% yield + 2% income growth. Stability + inflation hedge. #DividendInvesting
0 · Reply
SuperGreenToday
SuperGreenToday Mar. 24 at 7:35 PM
$UTG
0 · Reply
Robiebaron
Robiebaron Mar. 23 at 2:48 PM
$UTG Would it be crazy to buy some now?
1 · Reply
BrettAshcroftGreenSA
BrettAshcroftGreenSA Mar. 18 at 1:44 PM
https://seekingalpha.com/article/4883299-how-to-access-long-term-capital-gains-on-day-one Taxable accounts are the hidden weapon for early retirement. Skip the 366-day wait. Funds like $ADX $BME $ASG $UTG $PEO can generate long-term capital gains on day one. Cash flow + flexibility + tax efficiency = powerful combo.
0 · Reply
Alphasearch
Alphasearch Feb. 25 at 7:57 PM
$UTG Hopefully someone followed me in buying this last week when I posted. Looks like it will pivot to all-time highs. Holding large position
1 · Reply
TalkMarkets
TalkMarkets Feb. 22 at 5:21 PM
3 #HighYield #Investments To #Retire Early $ADX $DIVO $UTG https://talkmarkets.com/article/3-high-yield-investments-to-retire-early-1771780816
0 · Reply