UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 02/10/23

Summary DPG has continued to push into a higher premium after breaking into premium territory in 2021 for the first time since its inception. The fund's distribution has been steady, and although the NAV rate is elevated, I wouldn't expect a cut. The underlying portfolio holdings se...

Summary ASGI is a closed-end fund focused on global infrastructure investments, including private investments. MGU is set to be merged into ASGI, making it a significantly larger fund early in March. The fund's discount is attractive for this interesting infrastructure fund with sig...

Summary Constantly swaying between narrative and reality, financial markets are supported and fueled by emotions, feelings, dreams, aspirations, and fears. When the narrative is shared, financial markets take a definite direction, drawing scenarios of growth or recession, as in the curr...

Summary UTG underperformed XLU, a common benchmark applied to this actively managed closed-end fund. However, UTG is much more than XLU, so the lag here isn't too concerning for me in the longer term. Especially when investing in UTG, it is more about the distribution than shorter-t...

Summary Reaves Utility Income is a premier monthly paying CEF with a 7.5% yield. The fund has never cut its monthly payout, has raised it 12 times since inception, and does not use the return of capital. Management has expressed confidence in the ability of the fund to continue to p...

Summary Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-on-cost basis. The portfolio had a loss of -12.5% in 2022, compared to -18.2...

Summary Despite market action, Warren Buffett is a persistent buyer of quality at discounted prices. Markets don’t operate logically. Shying away from securities during weak markets will cost you dearly. Two Buffett-style picks to build your passive income with up to 7.6% yie...

Summary UTG yields 7.92% and pays monthly. Its total return has outperformed the S&P over the past year and most recent trading quarter. We compare UTG to UTF, which also holds Utilities, plus Infrastructure stocks. Does your portfolio include any exposure to the utilities...

Summary 2022 may have been bad for you, but my income is higher than ever. Bear markets are excellent buying opportunities for long-term success. Contrary to popular belief, dividends are far less volatile during bear markets. We are set to boost our income in 2023 and beyond. A...

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 ...