AMEX : UTG

Reaves Utility IF

$39.68 USD

-$0.54 (-1.33%)

Volume
275.35K
Average Volume
239.44K
Market Capitalization
$3.63B
P/E Ratio
2.87
Dividend Yield
6.07%
Price Target
Year High
$43.90
Year Low
$35.81
Day High
—
Day Low
—
Payout Ratio
$0.17
Current Ratio
$0.00
Company Overview

AMEX

Joseph Burns Rhame

Asset Management

Financial Services

UTG

0

US

USD

https://www.utilityincomefund.com

800-975-8395

756158101

0001263994

Liquidity Metrics

0.23

0.00

0.00

0.00

0.17

Sales & Valuation

$275.85M

18.16

0.90

143.51

0.27

Profitability

$8.57

$769.15M

628.26%

628.26%

33.13%

25.07%

P/E Metrics

2.87

0.05

0.05

Analyst Price Target & Rating

Buy

4/5

0 Analysts

%

Poll Results

About Reaves Utility IF (AMEX:UTG) Stock

Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States. ...

What It Takes to Fund a Beach House From Dividend Income

2026-07-15 05:05:00

The fantasy of owning a beach house rarely dies at the closing table. It usually dies later, when the insurance renewal arrives, the HVAC fails in August, and the property tax bill lands the same week as a roof estimate. Even without a mortgage payment, the carrying costs can turn a dream home into a... What It Takes to Fund a Beach House From Dividend Income

UTG: A Good Way To Get Exposure To Utility Sector Growth

2026-07-14 06:05:00

The Reaves Utility Income Fund (UTG) offers a 6.17% yield, significantly higher than sector ETFs, by focusing on utility and select midstream equities. UTG benefits from data center-driven electricity demand, supporting long-term utility sector growth and consistent distribution increases, recently raising its payout in June 2026. The fund avoids bonds, mitigating inflation risk, and has outperformed the Utilities Select Sector Index on a total return basis over the past eleven months.

2 Retirement Income Powerhouses For Inflationary Times

2026-07-11 09:15:00

Persistent, structurally elevated inflation necessitates repositioning portfolios toward higher-yielding, inflation-resilient income products. The risk is that on a real portfolio income growth basis, the necessary wealth accumulation (or preservation) won't simply be there. Yet we have to be cognizant of not falling into the other extreme of elevated NAV destruction or dividend cut risks.

The REIT Strategy I Would Use To Retire Today

2026-07-11 07:15:00

Retirement income requires more than just high yield. REIT funds may not be the best solution. A balanced REIT portfolio can offer income and growth.

Reaves Utility Income Fund Section 19(a) Notice

2026-06-30 06:59:00

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940 DENVER, CO / ACCESS Newswire / June 30, 2026 / On June 30, 2026, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of $0.20 per share to shareholders of record at the close of business on June 17, 2026. The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder.

PFN Vs. UTG: The Income Strategy Works When Capital Gains Falter

2026-06-24 11:26:59

PIMCO Income Strategy Fund II is rated a Buy for its income-focused strategy and steady distributions, currently yielding 12.7% at a slight NAV discount. Reaves Utility Income Fund is rated Hold due to high valuations in top holdings and potential for capital gains volatility despite recent strong performance. PFN's distributions are well-covered by net investment income, with nearly 100% UNII coverage in the past three months and improving coverage ratios in early 2026.

Reaves Utility Income Fund Increases Its Monthly Distribution 5% to $0.21 Per Share

2026-06-23 06:59:00

DENVER, CO / ACCESS Newswire / June 23, 2026 / Reaves Utility Income Fund (NYSE American:UTG) is pleased to announce today a 5% increase in its annual distribution to $2.52, to be paid monthly at the rate of $0.21 per common share. This is the fourteenth increase of the distribution since the Fund's inception in February 2004.

Canada pension fund halves stake in Unite Group

2026-06-23 02:59:14

Unite Group PLC (LSE:UTG) said that Thomas Jackson will step down as a non-executive director after the Canada Pension Plan Investment Board (CPP) reduced its shareholding in the student accommodation provider. CPP sold its stake in the developer and manager of student housing down to just over 7%, below the 10% threshold for it to have a seat on the board.

Frequently Asked Questions

What is the current Reaves Utility IF (UTG) stock price?

Reaves Utility IF(AMEX:UTG) stock price is $39.68 in the last trading session. During the trading session, UTG stock reached the peak price of $43.9 while $35.81 was the lowest point it dropped to. The percentage change in UTG stock occurred in the recent session was --1.33% while the dollar amount for the price change in UTG stock was -$0.54.

UTG's industry and sector of operation?

The AMEX listed UTG is part of Asset Management industry that operates in the broader Financial Services sector.

Who are the executives of UTG?

William Avrum Ferer | Portfolio Manager
Edmund Joseph Burke | Principal Executive Officer
Jeremy Oppegard May | Chairman of the Board of Trustee,President & Principal Financial Officer of ALPS Mutual Fund Svcs In
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How many employees does UTG have?

Number of UTG employees currently stands at 0. UTG operates from 10 Exchange Place, Jersey City, NJ 07302, US.

Link for UTG official website?

Official Website of UTG is: https://www.utilityincomefund.com

How do I contact UTG?

UTG could be contacted at phone #800-975-8395 and can also be accessed through its website. UTG operates from 10 Exchange Place, Jersey City, NJ 07302, US.

How many shares of UTG are traded daily?

The average number of UTG shares traded daily for last 3 months was 239.44K.

What is the market cap of UTG currently?

The market value of UTG currently stands at $3.63B with its latest stock price at $39.68