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 Enterprise Value as of September 2024 (TTM) for Reaves Utility Income Fund (UTG) is 2.97B

According to Reaves Utility Income Fund’s latest financial reports and current stock price. The company's current Enterprise Value is 2.97B. This represents a change of 20.62% compared to the average of 2.46B of the last 4 quarters.

Reaves Utility Income Fund (UTG) Historical Enterprise Value (quarterly & annually)

How has UTG Enterprise Value performed in the past?

The mean historical Enterprise Value of Reaves Utility Income Fund over the last ten years is 1.85B. The current 2.97B Enterprise Value has changed 15.93% with respect to the historical average. Over the past ten years (40 quarters), UTG's Enterprise Value was at its highest in in the October 2021 quarter at 2.67B. The Enterprise Value was at its lowest in in the January 2014 quarter at 751.01M.

Quarterly (TTM)
Annual

Average

1.85B

Median

1.92B

Minimum

1.27B

Maximum

2.48B

Reaves Utility Income Fund (UTG) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Reaves Utility Income Fund Enterprise Value, 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 = 39.03%

Maximum Annual Enterprise Value = 2.48B

Minimum Annual Increase = -15.07%

Minimum Annual Enterprise Value = 1.27B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
20232.28B-8.05%
20222.48B6.25%
20212.33B21.96%
20201.91B-15.07%
20192.25B17.08%
20181.92B39.03%
20171.38B-0.93%
20161.40B9.85%
20151.27B-0.71%
20141.28B14.26%

Reaves Utility Income Fund (UTG) Average Enterprise Value

How has UTG Enterprise Value performed in the past?

The current Enterprise Value of Reaves Utility Income Fund (UTG) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.36B

5-year avg

2.25B

10-year avg

1.85B

Reaves Utility Income Fund (UTG) Enterprise Value vs. Peers

How is UTG’s Enterprise Value compared to its peers?

Reaves Utility Income Fund’s Enterprise Value is greater than Cohen & Steers REIT and Preferred Income Fund, Inc. (1.58B), greater than Cohen & Steers Quality Income Realty Fund, Inc. (2.59B), greater than PIMCO Corporate & Income Opportunity Fund (2.62B), greater than Tekla Healthcare Investors (912.85M), less than Cohen & Steers Infrastructure Fund, Inc (3.44B), greater than Cohen & Steers Total Return Realty Fund, Inc. (349.05M), greater than Pimco Dynamic Income Opportunities Fund (2.63B), less than Calamos Strategic Total Return Fund (3.72B), greater than Guggenheim Strategic Opportunities Fund (2.47B), greater than PIMCO Corporate & Income Strategy Fund (771.22M), greater than BlackRock Science and Technology Trust (1.20B), greater than Brookfield Real Assets Income Fund Inc. (904.66M),

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Frequently asked questions❓

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How does the current Enterprise Value for Reaves Utility Income Fund (UTG) compare to its historical average?