UTG News and Press, Reaves Utility Income Fund of Beneficial Interest From 04/25/22

Inflation continues to accelerate, with the PPI showing a record increase. The Fed has just begun to increase interest rates to address inflation. Utilities do well both when interest rates increase and inflation is high. For further details see: Reliable Income In Unrel...

UTG yields 6.55% and pays monthly. It has outperformed the S&P over the past month, half year, and so far in 2022, but is still selling at a discount to NAV. NAV discount/premiums, dividend growth, holdings, and performance are all discussed in this article. For further ...

Being financially independent is a must for retirees but can be desirable even for folks who are much younger and are several years away from retirement. We will go over our thesis as to how a diversified income portfolio with an in-built hedging mechanism with low volatility could ma...

Utility stocks normally suffer when bond yields are rising, which typically occurs when the economy is strengthening, but the current round of higher yields has helped utility shares, and Barron's believes their run-up is not over. Today's higher yields are a result of the Fed trying to slow ...

In a "game changer for New York's transition away from fossil fuels," state regulators approved on Thursday a $4.5B project by Canadian public utility Hydro-Quebec to supply hydropower to New York City, with construction expected to begin this summer and completion scheduled for 2025. New Yor...

For the first month in three, equity CEFs on average witnessed positive returns, rising 1.91% on an NAV basis for March. While for the third consecutive month, fixed income CEFs posted returns in the red (-2.18%). Only 20% of all CEFs traded at a premium to their NAV at month-end,...

While primarily focused on CEFs, my investment portfolio also includes ETFs/ETNs and some individual stocks in order to broaden the range of sectors covered. It currently consists of 32 securities, divided into three distinct groups, each with a different investment strategy. Afte...

We have generally held utilities in high esteem as they showed a reasonable promise of returns alongside decent valuation. The recent runup is unprecedented for a few reasons. We tell you why we are moving one high yielding utility fund to a sell rating and moving another down one...

Warren Buffett once listed the only 3 ways that a smart person can go broke. We zero in on one of those reasons to explain why it is so dangerous for investors. We then make the connection to why we don't buy CEFs. For further details see: Buffett Warns Of How Smart Peop...

Several of the utility/infrastructure funds in the CEF space are pretty popular. The utility and infrastructure space can be a good fit for a CEF portfolio, providing steady income through regular cash flow due to being necessary for everyday life. We will be looking at a review o...