UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 06/20/21

Gargolas/iStock via Getty Images The integration of new power technologies may cause short-term discomfort but will launch a "wonderful transformation towards a cleaner power grid for society" within a decade, says Mark Ahlstrom, VP of renewable energy policy at NextEra Energy (NEE). Integrat...

In spite of the pandemic-induced crisis and correction last year and other challenges, the stock market has made a remarkable recovery, and a new bull market is clearly evident. Obviously, the big question is, where does it go from here, and is it a good time to invest? If you are...

Gargolas/iStock via Getty Images Shares of power producers ([[XLU]] -1.5%) sank across the board today as the Federal Reserve flagged an earlier than planned interest rate increase. The yield on benchmark 10-year U.S. Treasurys surged by the most since February to 1.57% from a near three...

Shares of Reaves Utility Income Fund of Beneficial Interest (NYSE American:UTG) traded at a new 52-week high today of $35.45. So far today approximately 97,000 shares have been exchanged, as compared to an average 30-day volume of 176,000 shares. Reaves Utility Income Fund is a closed-en...

Shares of Reaves Utility Income Fund of Beneficial Interest (NYSE American:UTG) traded today at $35.36, eclipsing its 52-week high. So far today approximately 174,000 shares have been exchanged, as compared to an average 30-day volume of 174,000 shares. Reaves Utility Income Fund is a cl...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. The closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad ma...

Finding the biggest dividend yields is easy, but finding big dividend yields that are also healthy and strong is more challenging. In this report, we share a lot of data on top dividend stocks, including a list of the 40 biggest dividends that are also strong by multiple important saf...

During the pandemic lockdown in the first half of 2020, only three S&P 500 sectors saw positive earnings and revenue growth for Q1 and Q2 ’20. In Q1 ’21, Technology has grown EPS and revenue 53% and 21%, respectively. Once Q2 ’21 earnings start in mid-July...

There are several dates a closed-end fund investor should watch for when a CEF they own start a rights offering. Rights offerings are typically disruptive to the price and a dip in price is typical. We usually suggest to sell out of the fund when it is made clear they are going to...

2021 has been a fairly exciting year with the indexes racing ever higher. Some volatility has created only short-term panics, mostly in the tech space. Energy and financials lead the way higher. For further details see: Income Ideas: 2021 Check-Up