UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 09/05/23

2023-09-05 03:43:41 ET Summary I increased my portfolio investment in July-August to focus on stocks and funds in the Utilities sector, which has been underperforming. For July-August, I closed positions in 12 stocks in the portfolio, with a mean gain of +20.8% not including divid...

2023-09-01 12:52:33 ET Summary Energy and renewables, as well as REITs and utilities, have been under pressure this year, affecting NXG NextGen Infrastructure Income Fund. The fund has announced a doubling of its distribution to try to narrow the discount and attract investors. ...

2023-08-24 16:17:15 ET Summary Cohen and Steers Infrastructure Fund invests in infrastructure companies, which provide the physical framework for society. The fund has delivered solid returns over the long term and its current leverage is better financed than many other CEFs. ...

2023-08-22 01:23:37 ET Summary Perfection is defined as being complete and correct in every way, and can be pursued in various fields, including art and investing. For years now, I have been employing all my strength in investing in CEFs and ETFs, plus some “flirtations...

2023-08-15 04:14:19 ET Summary Reaves Utility Income Trust is a closed-end fund that focuses on utility stocks for income generation. Utility stocks are facing high valuations collectively, which may limit UTG's performance in the future as UTG relies heavily on capital gains for ...

2023-08-09 12:11:19 ET Summary Virtus Reaves Utilities ETF is an actively managed ETF that's managed by the infrastructure specialists Reaves Asset Management. In originally looking at this fund, I wanted to see if it was a potential alternative to UTG, but that isn't the case. ...

2023-08-07 05:01:02 ET Summary Reaves Utility Income Trust aims to provide high levels of after-tax total return through dividend income and capital appreciation. UTG has underperformed in terms of price appreciation but has yielded positive total returns over the past five years....

2023-08-02 05:00:48 ET You and I, my fellow contrarian, are old enough to remember when “I bonds”—US savings bonds designed to protect you from inflation—yielded 9.62%. It was May 2022. Just 14 months ago! Ah, the good ol’ days. Since then, Series ...

2023-07-27 09:57:58 ET The largest U.S. electric grid operator issued a level one emergency alert for Thursday, calling on all power plants to operate at full capacity, as a heat wave bakes much of the U.S. PJM Interconnection, which serves more than 65M customers across a 13-state ...

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...