UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 01/01/23

Summary Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power. As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal. As for me, I hope I ...

Summary Three First Trust Funds are extremely similar and provide exposure to almost the same underlying holdings. We examine FEN and FEI today and give you our 2023 outlook. We look back at our call at the beginning of 2022 and tell you why it gave you so much excess in returns ove...

Summary Life happens in cycles all around us. Monthly dividends are superior to quarterly dividends or annual dividends in many ways. We look at two market beating funds which pay strong monthly income. Co-produced with Treading Softly It doesn't take living a long...

DENVER, CO / ACCESSWIRE / December 16, 2022 / The Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, dividends at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of December 12, 2022, the Fund's ...

Summary Reaves Utility Income Fund likely formed its significant bottom in October, despite the massive pessimism in Wall Street and the media. Also, analysts marked down their estimates through November. We highlighted that the panic in UTG had started in our previous article. We now d...

Summary We share data on many of the biggest and most-popular big-yield CEFs. We have a special focus on Guggenheim's widely-popular Strategic Opportunities Fund (GOF), currently yielding over 13%, but trading at a large premium to its net asset value. We also review a popular lever...

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESSWIRE / November 30, 2022 / The Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.19 per share to shareholder...

Summary UTG is a Utilities-focused CEF yielding 8.2% that pays monthly. The Utilities sector remains the 2nd leading sector so far in 2022. UTG is priced a bit cheaper than its 1- and 3-year average premiums to NAV. Utilities are often thought of as a stodgy sector, ...

Utilities are generally considered a "recession-resistant" sector because utility companies see little variation in their earnings in any economic condition, suggests Rida Morwa, editor of High Dividend Opportunities. For further details see: Reaves Utility- "Recession-Resistant" Income...

Summary Ten months of this troubling 2022 have passed, and my overall portfolio is beginning to take its final shape. Some positions have long since been completed, while for others, I am taking small acquisition steps each time the market turns downward. In spite of everythin...