Reaves Utility Income Fund

Reaves Utility Income Fundverified

UTG

Price:

$31.19

Market Cap:

$2.47B

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.[Read more]

Industry

Asset Management - Income

IPO Date

2004-02-25

Stock Exchange

NYSE

Ticker

UTG

The Dividend Yield as of September 2024 (TTM) for Reaves Utility Income Fund (UTG) is 7.31%

According to Reaves Utility Income Fund’s latest financial reports and current stock price. The company's current Dividend Yield is 7.31%. This represents a change of 106.97% compared to the average of 3.53% of the last 4 quarters.

Reaves Utility Income Fund (UTG) Historical Dividend Yield (quarterly & annually)

How has UTG Dividend Yield performed in the past?

The mean historical Dividend Yield of Reaves Utility Income Fund over the last ten years is 6.75%. The current 7.31% Dividend Yield has changed 8.24% with respect to the historical average. Over the past ten years (40 quarters), UTG's Dividend Yield was at its highest in in the October 2023 quarter at 4.28%. The Dividend Yield was at its lowest in in the July 2017 quarter at 0.99%.

Quarterly (TTM)
Annual

Average

6.75%

Median

6.59%

Minimum

4.80%

Maximum

9.28%

Reaves Utility Income Fund (UTG) Dividend Yield by Quarter and Year

Discovering the peaks and valleys of Reaves Utility Income Fund Dividend Yield, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 61.57%

Maximum Annual Dividend Yield = 9.28%

Minimum Annual Increase = -29.37%

Minimum Annual Dividend Yield = 4.80%

Quarterly (TTM)
Annual
YearDividend YieldChange
20239.23%20.38%
20227.67%15.59%
20216.63%-0.76%
20206.69%21.94%
20195.48%-16.35%
20186.55%-29.37%
20179.28%61.57%
20165.74%5.28%
20155.46%13.66%
20144.80%-12.81%

Reaves Utility Income Fund (UTG) Average Dividend Yield

How has UTG Dividend Yield performed in the past?

The current Dividend Yield of Reaves Utility Income Fund (UTG) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.85%

5-year avg

7.14%

10-year avg

6.75%

Reaves Utility Income Fund (UTG) Dividend Yield vs. Peers

How is UTG’s Dividend Yield compared to its peers?

Reaves Utility Income Fund’s Dividend Yield is less than Cohen & Steers REIT and Preferred Income Fund, Inc. (6.91%), less than Cohen & Steers Quality Income Realty Fund, Inc. (6.84%), less than PIMCO Corporate & Income Opportunity Fund (9.97%), less than Tekla Healthcare Investors (10.81%), less than Cohen & Steers Infrastructure Fund, Inc (7.16%), less than Cohen & Steers Total Return Realty Fund, Inc. (7.30%), less than Pimco Dynamic Income Opportunities Fund (11.05%), less than Calamos Strategic Total Return Fund (7.26%), less than Guggenheim Strategic Opportunities Fund (14.16%), less than PIMCO Corporate & Income Strategy Fund (9.78%), less than BlackRock Science and Technology Trust (8.74%), less than Brookfield Real Assets Income Fund Inc. (10.45%),

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Frequently asked questions❓

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