Reaves Utility Income Fund Section 19(a) Notice
Reaves Utility Income Fund (NYSE American: UTG) paid a monthly common-stock distribution of $0.20 per share on October 31, 2025 to holders of record as of October 17, 2025. The Fund estimates the current distribution is 100% net realized long-term capital gain.
Fiscal year-to-date through October 31, 2025 the Fund reports cumulative distributions of $2.32 per share, composed of 15.37% net investment income, 0.81% short-term gains, 70.48% long-term gains, and 13.34% return of capital. Key NAV-based metrics: annualized distribution rate 6.11%, cumulative total return on NAV 28.10%, and 5-year average annual total return 12.95%.
The Fund warns the tax character is an estimate; final tax treatment will be determined in January 2026 and reported on IRS Form 1099-DIV.
Reaves Utility Income Fund (NYSE American: UTG) ha pagato una distribuzione mensile di azioni ordinarie di $0,20 per azione il 31 ottobre 2025 agli eventuali detentori registrati al 17 ottobre 2025. Il Fondo stima che la distribuzione attuale sia al 100% guadagno in capitale a lungo termine netto.
Da inizio anno fino al 31 ottobre 2025, il Fondo riporta distribuzioni cumulative di $2,32 per azione, composte da 15,37% reddito netto da investimenti, 0,81% guadagni a breve termine, 70,48% guadagni a lungo termine, e 13,34% rimborso di capitale. Indicatori chiave basati sul NAV: tasso di distribuzione annualizzato 6,11%, rendimento cumulativo totale sul NAV 28,10%, e rendimento totale medio annuale a 5 anni 12,95%.
Il Fondo avverte che la natura fiscale è una stima; il trattamento fiscale finale sarà determinato a gennaio 2026 e riportato sull'IRS Modulo 1099-DIV.
Reaves Utility Income Fund (NYSE American: UTG) pagó una distribución mensual de acciones comunes de $0,20 por acción el 31 de octubre de 2025 a los titulares de registro al 17 de octubre de 2025. El Fondo estima que la distribución actual es del 100% de ganancia de capital a largo plazo neta.
Hasta la fecha fiscal al 31 de octubre de 2025, el Fondo reporta distribuciones acumuladas de $2,32 por acción, compuestas por 15,37% ingresos netos de inversión, 0,81% ganancias a corto plazo, 70,48% ganancias a largo plazo, y 13,34% devolución de capital. Indicadores clave basados en NAV: tasa de distribución anualizada 6,11%, rendimiento total acumulado sobre NAV 28,10%, y rendimiento total promedio anual de 5 años 12,95%.
La advertencia del Fondo es que la naturaleza fiscal es una estimación; el tratamiento fiscal final se determinará en enero de 2026 e se reportará en el Formulario 1099-DIV del IRS.
Reaves Utility Income Fund (NYSE American: UTG) 2025년 10월 31일 주주로 등록된 자를 대상으로 주당 $0.20의 월간 일반주식 분배를 지급했습니다. 현재 분배는 순실현 장기자본이익의 100%로 추정됩니다.
2025년 10월 31일 기준 회계연도 누적 분배액은 주당 $2.32이며, 구성은 순 투자소득 15.37%, 0.81% 단기 이익, 70.48% 장기 이익, 및 13.34% 자본의 회수입니다. NAV 기반 주요 지표로는 연간분배율 6.11%, NAV 기준 누적 총수익 28.10%, 및 5년 평균 연간 총수익 12.95%입니다.
세무 성격은 추정치임을 주의하시기 바랍니다. 최종 세무 처리는 2026년 1월에 결정되며 IRS 양식 1099-DIV에 보고됩니다.
Reaves Utility Income Fund (NYSE American: UTG) a versé le 31 octobre 2025 une distribution mensuelle d’actions ordinaires de $0,20 par action aux détenteurs enregistrés au 17 octobre 2025. Le Fonds estime que la distribution actuelle est composée à 100% de plus-values nettes à long terme.
À ce jour de l’exercice en date du 31 octobre 2025, le Fonds rapporte des distributions cumulées de $2,32 par action, réparties comme suit : 15,37% revenus nets d’investissement, 0,81% gains à court terme, 70,48% gains à long terme, et 13,34% retour de capital. Indicateurs clés basés sur la NAV : taux de distribution annualisé 6,11%, rendement total cumulé sur la NAV 28,10%, et rendement total moyen annuel sur 5 ans 12,95%.
Le fonds avertit que la nature fiscale est une estimation; le traitement fiscal final sera déterminé en janvier 2026 et affiché sur le formulaire IRS 1099-DIV.
Reaves Utility Income Fund (NYSE American: UTG) zahlte eine monatliche Dividende auf Stammaktien von $0,20 pro Aktie am 31. Oktober 2025 an die Inhaber mit einem Eintrag bis zum 17. Oktober 2025. Der Fonds schätzt, dass die aktuelle Ausschüttung zu 100% aus Netto-Langfristkapitalgewinnen besteht.
Von Beginn des Geschäftsjahres bis zum 31. Oktober 2025 meldet der Fonds kumulative Ausschüttungen von $2,32 pro Aktie, aufgeschlüsselt in Nettoanlageerträge 15,37%, 0,81% kurzfristige Gewinne, 70,48% langfristige Gewinne, und 13,34% Kapitalrückfluss. Wichtige NAV-basierte Kennzahlen: jährliche Ausschüttungsquote 6,11%, kumulative Gesamtrendite auf NAV 28,10%, und 5-Jahres-Durchschnittliche Gesamtrendite 12,95%.
Der Fonds weist darauf hin, dass die steuerliche Charakteristik eine Schätzung ist; die endgültige steuerliche Behandlung wird im Januar 2026 festgelegt und im IRS-Formular 1099-DIV gemeldet.
Reaves Utility Income Fund (NYSE American: UTG) دفع توزيعة شهرية من أسهم عادية بمقدار $0.20 للسهم في 31 أكتوبر 2025 للمساهمين المسجلين حتى 17 أكتوبر 2025. يقدّر الصندوق أن التوزيعة الحالية هي 100% من الأرباح الرأسمالية طويلة الأجل الصافية.
حتى 31 أكتوبر 2025، للإيرادات حتى تاريخه، فإن الصندوق يسجل توزيعات تراكمية قدرها $2.32 للسهم، وتتكوّن من إيرادات الاستثمار الصافية 15.37%، 0.81% أرباح قصيرة الأجل، 70.48% أرباح طويلة الأجل، و 13.34% عودة رأس المال. المؤشرات الأساسية المرتبطة بالنطاق القيمي للـNAV: معدل التوزيع المقدر 6.11%، العائد الإجمالي التراكمي على NAV 28.10%، ومتوسط العائد الإجمالي السنوي خلال 5 سنوات 12.95%.
ويحذر الصندوق أن الطبيعة الضريبية هي تقدير؛ سيحدد المعالجة الضريبية النهائية في يناير 2026 وسيتم الإبلاغ عنها في نموذج IRS 1099-DIV.
- Current distribution $0.20 per share entirely long-term capital gain
- Fiscal YTD $2.32 cumulative distributions per share
- Cumulative total return on NAV 28.10% (FYTD through 9/30/2025)
- 5-year average annual total return on NAV 12.95%
- Annualized distribution rate as % of NAV 6.11%
- Fiscal YTD 13.34% of distributions classified as return of capital
- Fund estimates it has distributed more than income and realized gains through the fiscal year
- Current distribution shows 0.00% from net investment income
Statement Pursuant to Section 19(a) of the Investment Company Act of 1940
DENVER, CO / ACCESS Newswire / October 31, 2025 / On October 31, 2025, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: | ||||||||
Per Share ($) | % | |||||||
Net Investment Income | 0.00000 | 0.00 | % | |||||
Net Realized Short-Term Capital Gain | 0.00000 | 0.00 | % | |||||
Net Realized Long-Term Capital Gain | 0.20000 | 100.00 | % | |||||
Return of Capital or other Capital Source | 0.00000 | 0.00 | % | |||||
Total (per common share) | 0.20000 | 100.00 | % | |||||
Fiscal Year-to-Date Cumulative | ||||||||
Distributions from: | ||||||||
Per Share ($) | % | |||||||
Net Investment Income | 0.35658 | 15.37 | % | |||||
Net Realized Short-Term Capital Gain | 0.01883 | 0.81 | % | |||||
Net Realized Long-Term Capital Gain | 1.63522 | 70.48 | % | |||||
Return of Capital or other Capital Source | 0.30937 | 13.34 | % | |||||
Total (per common share) | 2.32000 | 100.00 | % | |||||
The timing and character of distributions for federal income tax purposes are determined in accordance with income tax regulations which may differ from GAAP. As such, all or a portion of this distribution may be reportable as taxable income on your 2025 federal income tax return. The final tax character of any distribution declared in 2025 will be determined in January 2026 and reported to you on IRS Form 1099-DIV.
The amounts and sources of distributions reported in this 19(a) Notice are only estimates and not for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income.'
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution record date.
Fund Performance & Distribution Information
Fiscal Year to Date (11/01/2024 through 9/30/2025) | ||||
Annualized Distribution Rate as a Percentage of NAV^ | 6.11 | % | ||
Cumulative Distribution Rate on NAV^+ | 5.90 | % | ||
Cumulative Total Return on NAV* | 28.10 | % | ||
Average Annual Total Return on NAV for the 5 Year Period Ended 9/30/2025** | 12.95 | % | ||
^ Based on the Fund's NAV as of September 30, 2025.
+Cumulative distribution rate is based on distributions paid to date for the period November 1, 2024 through October 31, 2025.
*Cumulative fiscal year-to-date return is based on the change in NAV including distributions paid and assuming reinvestment of these distributions for the period November 1, 2024 through September 30, 2025.
**The 5 year average annual total return is based on change in NAV including distributions paid and assuming reinvestment of these distributions and is through the last business day of the month prior to the month of the current distribution record date.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market. Past performance does not guarantee future results. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
Furthermore, the Board of Trustees reviews the amount of any potential distribution and the income, capital gain or capital available. The Board of Trustees will continue to monitor the Fund's distribution level, taking into consideration the Fund's net asset value and the financial market environment. The Fund's distribution policy is subject to modification by the Board of Trustees at any time. The distribution rate should not be considered the dividend yield or total return on an investment in the Fund.
Paralel Distributors LLC, FINRA Member Firm.
Contact info:
Website: https://www.utilityincomefund.com
Email: reavesclientinquiries@paralel.com
SOURCE: Reaves Utility Income Fund
View the original press release on ACCESS Newswire
FAQ
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