UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 07/27/23

2023-07-27 07:35:00 ET Summary "Retirement is like a long vacation in Las Vegas. The goal is to enjoy it to the fullest, but not so fully that you run out of money."– Jonathan Clements. Do you plan to slowly burn your nest egg for financial warmth in retirement? Conside...

2023-07-22 09:33:58 ET Summary We review CEF market valuation and performance through the second week of July and highlight recent market action. CEFs had a good week overall as NAVs gained, however, discounts remain sluggish. The net income profile of some CEFs has turned neg...

2023-07-18 11:52:09 ET The U.S. Court of Appeals for the D.C. Circuit has vacated transmission rules that allow the functioning of the Southeast Energy Exchange Market, a trading platform for several major utility companies, Utility Dive reported Tuesday. The Federal Energy Regu...

2023-07-18 01:56:28 ET Summary We share updated data on more than 10 of the biggest and most-popular big-yield CEFs, many of them paying distributions monthly. After reviewing seven important questions to ask before investing in any CEF, we consider current market conditions and m...

DENVER, CO / ACCESSWIRE / July 10, 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 July 5, 2023, the Fund's marke...

2023-07-06 11:58:27 ET Summary The Reaves Utility Income Trust is underperforming due to falling energy prices and rising interest rates, which are affecting its high-dividend-yielding investments in the utility industry. UTG's external leverage strategy, which has increased from ...

2023-07-05 22:13:21 ET Summary BUI generates a nice yield in the Utilities and Infrastructure arena using covered calls and underlying dividends. You can like the yield but that is not the best part. The lack of leverage is what will warm your soul as you navigate through the ...

2023-07-03 15:03:27 ET Summary The Beta coefficient measures the behavior of a security relative to the market: a Beta greater than one indicates the investment is more volatile than the market, and vice versa. Standard Deviation, on the other hand, measures the range of an invest...

2023-07-03 07:28:20 ET Summary I update holdings and portfolio strategy for my Roth IRA portfolio, comprised of 60% CEFs (income positions) and 40% individual stocks (swing trades). My portfolio will generate $59.8k in tax-free distributions for the coming year, and I've closed 47...

2023-06-30 12:38:05 ET Summary DNP Select Income and Reaves Utility Income are both solid long-term choices in the utility/infrastructure closed-end fund space. UTG gets the edge over DNP due to its valuation, as the discount/premium can play a significant role in the outcome for ...