Reaves Utility Income Fund closed at $33.90 on Sep 28, down 2.64%, within 0.0% of its 52-week closing low. Volume of 882.8K shares was 2.46× its 20-day average (well above normal).
Split-adjusted performance: -11.3% over one month, -14.0% over six months, -11.9% over one year.
Short interest was 160.9K shares at the Sep 15 settlement, up 107.0% from the prior report (0.2% 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?
$3.12B, based on the Sep 28 close of $33.90.
Does Reaves Utility Income Fund pay a dividend?
Yes. The latest regular dividend was $0.21 per share (ex-date Sep 17), an annualised yield of 7.43%.
How much of UTG is sold short?
160.9K shares, 0.2% of float, as of Sep 15, 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
