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home / news releases / UTG - CEFs: Two Utility Funds That Survived Through The Last Crisis Without Cuts


UTG - CEFs: Two Utility Funds That Survived Through The Last Crisis Without Cuts

Written by Nick Ackerman, co-produced by Stanford Chemist

An update on two of the five funds I had highlighted several months ago in our piece looking at five funds without distribution cuts. The other criteria for those funds were that they had to have an inception pre-2008. Two of the funds were utility-focused funds, and I believe are ready to handle this latest COVID-19 triggered struggle as well. These two funds are the Reaves Utility Income Fund (UTG) and DNP Select Income Fund Inc. (DNP).

A distribution cut isn't necessarily

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Stock Information

Company Name: Reaves Utility Income Fund of Beneficial Interest
Stock Symbol: UTG
Market: NYSE

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