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Reaves Utility Income Fund ( UTG ) is a diversified closed-end fund (CEF) that owns 41different utility securities, explains income expert Steve Mauzy , editor of Dividend Confidential . Roughly 92% of the portfolio is allocated to the common stocks of U.S. utilities, many...
DENVER , July 13, 2020 /PRNewswire/ -- The Reaves Utility Income Fund (NYSE MKT: UTG) announced today the next three monthly dividends at a rate of $0.18 per common share per month, unchanged from the per share rate paid for the previous quarter. As of July 7, 2020 , the Fund's ma...
Written by Nick Ackerman, co-produced by Stanford Chemist John Hancock Tax-Advantaged Dividend Income Fund ( HTD ) is a hybrid fund of equities and preferred stocks. More specifically, the equity portion is comprised primarily of utility names, while the preferred portion is chock full o...
I was a child in the Sixties when many of my friends, who were some years older than me, were seized by "Beatlemania." They listened non-stop to 45 rpm records of Beatles' hits using portable record players purchased by their parents. Some of them stopped eating, stopped sleeping; all they wan...
PMI Composite FLASH Markit’s Composite Purchasing Managers Index has continued to recover, rising to 46.8 in mid-June from 37.0 in May. This is well off the low of 27 set in April. While it still shows the economy is in contraction (below 50.0), there is clearly a slowdown in the ra...
Reaves Utility Income Fund ( UTG ) is a closed-end fund that owns utility sector stocks and pays an attractive and growing income, asserts income expert Tim Plaehn, editor of The Dividend Hunter. Reaves Asset Management, the investment adviser to the fund, is an investment management firm ...
Written by Nick Ackerman, co-produced by Stanford Chemist One of the best reasons (and probably main for many investors) to own a closed-end fund is because they pay out larger than typical distributions. They also often pay out these distributions every month. Therefore, retirees and th...
It has been a challenging and humbling year for many investors, myself included. It is hard to believe that less than six months ago we were writing about a year (2019) just concluded that saw a 24% total return from an Income Factory that was producing, reinvesting and compounding cash dist...
A few months ago, we wrote an article here on Seeking Alpha about a portfolio strategy that we like to call NPP (Near Perfect Portfolio) strategy. This was when the virus-induced countrywide lockdowns had just started, and the stock market and the broader economy looked in deep trouble. Th...
Co-produced with PendragonY Investing in high-yield defensive picks is a very effective income strategy, particularly in times of great uncertainty. Infrastructure, particularly utilities, is a defensive sector thanks to the necessity of their product and significant regulation that cr...
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Reaves Utility Income Fund of Beneficial Interest Company Name:
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2024-07-17 05:00:59 ET Be honest. I won’t be mad, but just admit it. You’ve got some SPY in your portfolio. So much in fact you’re probably trying to quickly change the subject from the SPDR S&P 500 ETF Trust (SPY) . I’m not mad. (I’m j...
DENVER, CO / ACCESSWIRE / July 9, 2024 / Reaves Utility Income Fund (NYSE American:UTG) announced today the next three, monthly, distributions at a rate of $0.19 per common share per month, unchanged from the per share rate paid for the previous quarter. As of July 2, 2024, the Fund's market pri...
2024-06-25 08:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...