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home / news releases / UTG - Introductory: 3 Tips For The Starting Closed-End Fund Investor

UTG - Introductory: 3 Tips For The Starting Closed-End Fund Investor

Reaves Utility Income Fund of Beneficial Interest
  • Closed-end funds are a 'wrapper' for other assets, not an asset class themselves.
  • Funds utilizing leverage can benefit upside, but can also increase maximum drawdowns.
  • Distributions can be set as high as they want - watch the NAV for sustainability.

For further details see:

Introductory: 3 Tips For The Starting Closed-End Fund Investor
Stock Information
Company Name: Reaves Utility Income Fund of Beneficial Interest
Stock Symbol: UTG
Market: NYSE
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