Reaves Utility Income Fund closed at $34.10 on Nov 12, down 1.02%, 21.9% below its 52-week closing high. Volume of 215.6K shares was 0.56× its 20-day average (below normal).
Split-adjusted performance: -3.7% over one month, -21.2% over six months, -9.8% over one year.
Short interest was 31.0K shares at the Oct 30 settlement, down 31.0% from the prior report (0.0% of float, 1.0 days to cover).
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Quick answers
What does Reaves Utility Income Fund do?
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation.
What is UTG's market cap?
$3.14B, based on the Nov 12 close of $34.10.
Does Reaves Utility Income Fund pay a dividend?
Yes. The latest regular dividend was $0.21 per share (ex-date Oct 19), an annualised yield of 7.39%.
How much of UTG is sold short?
31.0K shares, 0.0% of float, as of Oct 30, 2026.
About Reaves Utility Income Fund
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology
