UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 04/12/23

2023-04-12 13:05:09 ET Summary MFD enjoyed a relatively calm 2022 when most other asset classes saw sizeable drops. The utility exposure that helped it out last year has been a bit weaker this year, but the fund has still provided some gains. The fund's deep discount could mak...

2023-04-11 08:17:20 ET Summary The outlook for the utility sector remains weak, these companies face tougher regulations as well as increasing consumer defaults. The Reaves Utility Income Trust's use of leverage isn't effective in a higher rate environment, this fund has been forc...

2023-04-06 10:47:07 ET Reaves Utility Income Trust ( NYSE: UTG ) declares $0.19/share monthly dividend , in line with previous. Forward yield 7.89% Payable April 28; for shareholders of record April 19; ex-div April 18. Payable May 31; for shareholders of recor...

DENVER, CO / ACCESSWIRE / April 6, 2023 / The Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of April 4, 2023, the Fund's mark...

2023-04-06 07:35:00 ET Summary Are you worried about outliving your savings in retirement? If you let Mr. Market dictate your retirement, you may be working forever. Two big yields of up to 11% to support an early retirement with the flexibility you deserve. ...

2023-04-03 11:59:27 ET Summary The world seeks complexity, but simplicity often trumps complexity. For my investment goals, I have made the choice to focus mainly on CEFs and ETFs, carefully weighing their merits and drawbacks. Those of us who invest in these income vehicles a...

2023-04-03 10:40:13 ET Summary Reaves Utility Income Fund has underperformed the Utilities Select Sector SPDR ETF over time. However, there are potential opportunities for UTG investors to exploit when it gets hammered more steeply than the XLU. We discuss why the relative und...

2023-03-27 07:15:00 ET Summary Closed-End Funds, or CEFs, are a popular form of monthly paying stocks. Most, however, are dangerous and lack income dependability, due to destructive use of Return of Capital (unsustainable dividends that fall over time). Here are five high-yiel...

2023-03-16 09:00:00 ET Summary The Dividend Harvesting Portfolio is now generating $825 in annual dividends, yielding 8.09%. The Dividend Harvesting portfolio has a 70.75% record of finishing the week in the black since its inception, 75/106 weeks. In week 106, I added to VZ, ...

2023-03-12 10:00:00 ET Summary If one wishes to retire off of their investments, they would do well to seek *truly* passive income. Many forms of investment income, such as rental houses, are not really passive and come with significant maintenance and time requirements. Truly...