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Reaves Utility Income Fund Section 19(a) Notice
ACCESS Newswire (Tue, 30-Dec 6:59 AM ET)
Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.20 Per Share
ACCESS Newswire (Tue, 16-Dec 6:59 AM ET)
The Fund's objective is to provide a high level of after-tax total return consisting primarily of tax-advantaged dividend income and capital appreciation. It intends to invest at least 80% of its total assets in dividend-paying common and preferred stocks and debt instruments of companies within the utility industry. The remaining 20% of its assets may be invested in other securities including stocks, money market instruments and debt instruments, as well as certain derivative instruments in the utility industry or other industries.
Reaves Util Income trades on the AMEX stock market under the symbol UTG.
As of January 8, 2026, UTG stock price declined to $36.38 with 191,977 million shares trading.
UTG has a beta of 0.78, meaning it tends to be less sensitive to market movements. UTG has a correlation of 0.47 to the broad based SPY ETF.
UTG has a market cap of $3.25 billion. This is considered a Mid Cap stock.
In the last 3 years, UTG traded as high as $41.94 and as low as $23.24.
UTG has outperformed the market in the last year with a return of +19.1%, while the SPY ETF gained +18.5%. However, in the most recent history, UTG shares have underperformed the stock market with its stock returning -8.3% in the last 3 month period and -0.5% for the last 2 week period, while SPY has returned +3.4% and -0.1%, respectively.
UTG support price is $36.21 and resistance is $37.09 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UTG shares will trade within this expected range on the day.
