Welcome to our dedicated page for Reaves Utility Income news (Ticker: UTG), a resource for investors and traders seeking the latest updates and insights on Reaves Utility Income stock.
Reaves Utility Income Fund (UTG) is a closed-end management investment company that focuses on utility and infrastructure-related investments, with an objective of providing a high level of income and total return consisting primarily of tax-advantaged distributions and capital appreciation. The UTG news feed on Stock Titan highlights the fund’s recurring communications about its monthly distribution policy and portfolio orientation toward utility and communications companies.
News items for UTG frequently cover announcements of regular monthly dividends or distributions, including the per-share rate and the schedule of ex-dates, record dates, and payable dates. These releases often include commentary from the fund’s portfolio management, discussing expectations for income streams from investments in high-quality utility and communications companies and how those income streams relate to the fund’s ability to support its distributions.
Many UTG news releases also describe the fund’s continued policy that not less than eighty percent of its assets will be invested in securities of domestic and foreign companies involved in the generation or distribution of electricity, gas, or water, telecommunications activities, and infrastructure operations such as airports, toll roads, and municipal services. Updates may reference the Rule 19b-1 exemption and explain that distributions can include income, capital gains, and return of capital, with final tax character determined after year end.
By following the UTG news page, readers can review a historical record of the fund’s declared distribution rates, timing of payments, and management’s commentary on its utility and infrastructure investment focus. This can help investors understand how the fund has communicated its income objectives and distribution practices over time.
The Reaves Utility Income Fund (UTG) has announced its monthly distribution of $0.19 per share paid on April 30, 2025. The distribution breakdown shows:
- 16.64% from net investment income ($0.03162)
- 83.36% from net realized long-term capital gains ($0.15838)
- No return of capital for current distribution
The Fund's fiscal year-to-date performance metrics include an annualized distribution rate of 7.05% and a cumulative total return of 2.05% on NAV. Notably, the Fund has achieved an impressive 5-year average annual total return of 11.21% through March 31, 2025.
The Fund operates under a Managed Distribution Plan, with distributions subject to Board of Trustees review based on market conditions and NAV considerations.
Reaves Utility Income Fund (UTG) has declared its next three monthly distributions at $0.19 per common share, maintaining the previous quarter's rate. As of April 2, 2025, the Fund's market price stood at $33.05 per share with a net asset value of $33.01.
The Fund, managing approximately $3.64 billion in total assets with 88.61 million common shares outstanding, maintains its investment focus with at least 80% of assets in utilities and infrastructure companies. The upcoming distributions are scheduled for April 30, May 30, and June 30, 2025.
The Fund operates under a 19b-1 exemption, with distributions potentially sourced from various channels including short-term capital gain, long-term capital gain, and return of capital. The final determination of distribution sources and qualified dividend income percentage will be made after year-end.
Reaves Utility Income Fund (UTG) has announced its monthly distribution of $0.19 per share paid on March 31, 2025, to shareholders of record as of March 18, 2025. The distribution includes components from net investment income, realized capital gains, and potentially return of capital.
The Fund operates under a Managed Distribution Plan, with distributions subject to review by the Board of Trustees. The Fund acknowledges that it may have distributed more than its income and realized capital gains, indicating that a portion of the distribution could be classified as return of capital. The exact tax characterization of 2025 distributions will be determined in January 2026 and reported via IRS Form 1099-DIV.
Reaves Utility Income Fund (NYSE American:UTG) has announced its monthly distribution of $0.19 per share paid on February 28, 2025, to shareholders of record as of February 18, 2025.
The distribution includes components from: current and prior fiscal year net investment income, net realized short-term capital gain, net realized long-term capital gain, and potential return of capital. The Fund indicates it may have distributed more than its income and net realized capital gains, suggesting a portion could be return of capital.
The Fund operates under a Managed Distribution Plan, with distributions subject to Board of Trustees review based on NAV, market conditions, and available capital. The final tax characterization of 2025 distributions will be determined in January 2026 and reported on IRS Form 1099-DIV.
Reaves Utility Income Fund (UTG) has distributed its monthly payment of $0.19 per share on January 17, 2025, to shareholders of record as of December 31, 2024. The current distribution consists entirely of return of capital (100%). For the fiscal year-to-date, the distribution sources are: 12.42% from net investment income, 3.30% from short-term capital gains, 30% from long-term capital gains, and 54.28% from return of capital.
The Fund's performance metrics show an annualized distribution rate of 7.20% and a cumulative distribution rate of 1.80% based on NAV. The Fund's fiscal year-to-date total return on NAV is -1.15%, while its 5-year average annual total return through December 31, 2024, stands at 4.45%. The Board of Trustees continues to monitor the Fund's distribution level, considering NAV and market conditions.
Reaves Utility Income Fund (UTG) has distributed its monthly payment of $0.19 per share on December 30, 2024, to shareholders of record as of December 16, 2024. The distribution breakdown includes: 22.06% from net investment income, 5.44% from net realized short-term capital gain, 10.57% from net realized long-term capital gain, and 61.93% from return of capital.
The Fund's fiscal year-to-date performance shows an annualized distribution rate of 6.43% and a cumulative total return of 9.40% on NAV. The Fund's 5-year average annual total return through November 30, 2024, stands at 7.38%. The Board of Trustees continues to monitor the Fund's distribution level, considering net asset value and market conditions.
Reaves Utility Income Fund (UTG) has declared monthly distributions of $0.19 per common share for the next three months, maintaining the previous quarter's rate. As of December 9, 2024, the Fund's market price was $33.62 per share with a net asset value of $33.58 per share.
The Fund, managing approximately $3.66 billion in total assets with 87.80 million common shares outstanding, maintains its investment focus on utility and infrastructure companies. At least 80% of assets are invested in companies involved in electricity/gas/water generation/distribution, telecommunications, and infrastructure operations.
The upcoming distributions are scheduled for payment on January 17, February 28, and March 31, 2025. The Fund continues its strategy of providing high after-tax income and total return through tax-advantaged distributions and capital appreciation.
The Reaves Utility Income Fund (UTG) announced its monthly distribution of $0.19 per share on November 29, 2024, to shareholders of record as of November 15, 2024. The distribution breakdown includes: 15.19% from net investment income, 4.47% from short-term capital gains, 79.44% from long-term capital gains, and 0.90% from return of capital. The Fund's fiscal year-to-date performance shows an annualized distribution rate of 6.99% and a cumulative total return of 44.18% on NAV. The Fund's 5-year average annual total return through October 31, 2024, stands at 5.25%.
Reaves Utility Income Fund (UTG) distributed a monthly payment of $0.19 per share on October 31, 2024, to shareholders of record as of October 18, 2024. The distribution breakdown shows 0.97% from net investment income and 99.03% from net realized long-term capital gain. For the fiscal year-to-date, cumulative distributions include 20.36% from net investment income, 1.23% from short-term capital gains, 76.43% from long-term capital gains, and 1.98% from return of capital.
The Fund's performance metrics indicate a 7.02% annualized distribution rate and a 43.73% cumulative total return on NAV for the fiscal year to date. The 5-year average annual total return through September 30, 2024, stands at 4.87%.