UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 11/10/23

2023-11-10 07:35:00 ET Summary Earning a passive income from the market is easily achievable by using income investing. You can earn an extra $5000 every year simply by buying and holding three high-quality picks. Your retirement needs to be funded by an outstanding income sou...

2023-11-08 03:54:37 ET Summary For the third straight month, both equity (-2.52% on a NAV basis) and fixed income (-1.62%) CEFs on average suffered downside performance. At month end, 6% of all CEFs traded at a premium to their NAV, with 8% of equity CEFs and only 5% of fixed inco...

2023-11-06 08:00:00 ET Summary Reaves Utility Income Trust is a cross-sector fund focused on dividend-producing stocks in Utilities, Telecom, Cable, REITs, and Rail Transport. The fund has outperformed sector-focused ETFs and has a well-diversified portfolio. However, the fund...

2023-11-06 07:35:00 ET Summary Mr. Market’s reaction is often in the form of “one size fits all”. A few sectors have sold off in fear of higher rates, but business fundamentals are strong and dividends are growing. I am buying these deeply discounted divid...

2023-11-02 12:21:20 ET Summary Reaves Utility Income Trust has seen a negative performance and a 10% drop in price return, indicating an increased risk given the reliance on capital gains to fund the dividend. The concentration in energy stocks, reliance on external leverage, and ...

2023-10-28 07:59:53 ET Summary I was previously cautious on the Reaves Utility Income Fund due to valuations. However, with valuations normalized, the risk/reward looks more attractive. The UTG fund pays an attractive 9.5% distribution yield that may appeal to long-term income...

2023-10-27 07:35:00 ET Summary Steve Eisman believes the era of investing in hyper-growth sectors is over. The “Big Short” investor finds meaningful opportunities in the fixed-income camp, construction, utilities, and materials. We are actively buying this asset ...

2023-10-23 11:50:26 ET Summary John Hancock Premium Dividend Fund aims for high current income and capital growth, but has underperformed in the last decade. PDT focuses on dividend-paying securities, with utilities and financials making up a significant portion of its portfolio. ...

2023-10-19 09:00:00 ET Summary Core CPI continued to fall while CPI remained flat, potentially influencing the Fed's decision to hold rates at the next meeting. The Dividend Harvesting Portfolio experienced its third consecutive week of losses, but losses tightened instead of expa...

2023-10-17 00:31:01 ET Summary The number of CEFs currently in the U.S. market is 440, each one acting as a spokesperson for the strategy and management philosophy of the houses that launched them. The reason why most investors are interested in CEFs is because they provide a stea...