Name: REAVES UTILITY INCOME FUND (UTG) Stock
Brand: REAVES UTILITY INCOME FUND
Rating: 0.5 (3 reviews)

Question 1

Can you describe the business of REAVES UTILITY INCOME FUND?

Accepted Answer

Reaves Utility Income Fund is a US-based company operating in  industry. The company is headquartered in Denver, Colorado. The company went IPO on 2004-02-25. Reaves Utility Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of after-tax income and total return consisting primarily of tax-advantaged dividend income and capital appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in dividend-paying common and preferred stocks of companies in the utility industry. The Fund pursues its investment objective by investing at least 80% of its total assets in the securities of domestic and foreign companies involved to a significant extent in providing products, services or equipment for the generation or distribution of electricity, gas or water; telecommunications activities, and infrastructure operations, such as airports, toll roads and municipal services. The Fund may invest in preferred stocks and bonds of below investment grade quality (junk bonds). The Fund's investment adviser is W.H. Reaves & Co., Inc.

Question 2

What is the stock price of REAVES UTILITY INCOME FUND today?

Accepted Answer

The current stock price of UTG is 36.77 USD. The price increased by 0.82% in the last trading session.

Question 3

What is the ChartMill technical and fundamental rating of UTG stock?

Accepted Answer

UTG has a ChartMill Technical rating of 1 out of 10.You can find more details on the Technical Analysis and Fundamental Analysis tabs.

Question 4

Would investing in REAVES UTILITY INCOME FUND be a good decision?

Accepted Answer

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on UTG.

Shares Outstanding	89.23M
Float	89.20M
Float Short Interest Percentage	0.04%
Owners (insider)	0.02%
Owners (institutional)	14.17%
Owners (insider) change	6.67%
Owners (institutional) change	1.64%

Date	Name	Type	Shares	Price	Amount
Oct 23, 2025	Rhame Joseph Burns III	Open Market Purchase	2700	37.80	$ 102,060.00
Oct 23, 2025	Rhame Joseph Burns III	Open Market Purchase	2700	37.80	$ 102,060.00

REAVES UTILITY INCOME FUND (UTG) Stock Price, Forecast & Analysis