Co-produced with PendragonY
During periods of economic uncertainties, investing in high-yielding defensive sectors is one of the best investment strategies. Reaves Utility Income Fund (UTG) invests in the utility sector which is a non-cyclical sector that invests in some of the best utility companies, including electricity, water, telecom, heating and internet providers. The fund has had no distribution cuts since inception and it survived the Great Recession with its distribution intact. That's proof that the management team can handle uncertain times. The great news today is that investors can buy UTG at a