UTG - UTG: Good Fit For An 'Income Factory' Or 'Dividend Growth' Strategy

• Reaves Utility Income Fund is a solid "steady Eddie" investment that has made both Income Factory® investors and dividend growth investors happy over its 17-year history.
• UTG has raised its distribution 12 times since inception, most recently two weeks ago, and its long-term total return since inception averages over 10% per annum.
• With its distribution yield now back up over 6.5%, UTG is in what I have always considered its "sweet spot," offering both a very attractive cash yield and potential growth.
• That's why I just added more UTG to my personal Income Factory; we already own it in our Model Portfolios.
• When we examine UTG's cash flow and distribution, we should not be surprised or upset that - like most equity funds - it is not sourced solely or even mostly from its Net Investment Income (NII).

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