Reaves Utility Income Fund Section 19(a) Notice
Reaves Utility Income Fund (NYSE American: UTG) has announced its monthly distribution of $0.19 per share paid on June 30, 2025, to shareholders of record as of June 17, 2025. The distribution is entirely sourced from net realized long-term capital gains.
The Fund's fiscal year-to-date distributions show a diverse composition: 11.95% from net investment income, 1.24% from short-term capital gains, 66.46% from long-term capital gains, and 20.35% from return of capital. The Fund's performance metrics indicate an annualized distribution rate of 6.56% and a cumulative total return of 10.87% for the fiscal year to date through May 31, 2025. The Fund has maintained a strong 5-year average annual total return of 10.34%.
Reaves Utility Income Fund (NYSE American: UTG) ha annunciato la distribuzione mensile di 0,19 $ per azione, pagata il 30 giugno 2025 agli azionisti registrati al 17 giugno 2025. La distribuzione deriva interamente da plusvalenze nette realizzate a lungo termine.
Le distribuzioni accumulate dall'inizio dell'anno fiscale mostrano una composizione diversificata: 11,95% da reddito netto da investimenti, 1,24% da plusvalenze a breve termine, 66,46% da plusvalenze a lungo termine e 20,35% da restituzione di capitale. Le metriche di performance del Fondo indicano un tasso di distribuzione annualizzato del 6,56% e un rendimento totale cumulativo del 10,87% per l'anno fiscale fino al 31 maggio 2025. Il Fondo ha mantenuto un solido rendimento totale medio annuo a 5 anni del 10,34%.
Reaves Utility Income Fund (NYSE American: UTG) ha anunciado su distribución mensual de $0.19 por acción, pagada el 30 de junio de 2025 a los accionistas registrados al 17 de junio de 2025. La distribución proviene íntegramente de ganancias netas realizadas a largo plazo.
Las distribuciones acumuladas en el año fiscal muestran una composición diversa: 11.95% de ingresos netos por inversiones, 1.24% de ganancias de capital a corto plazo, 66.46% de ganancias de capital a largo plazo y 20.35% de devolución de capital. Las métricas de desempeño del Fondo indican una tasa de distribución anualizada del 6.56% y un rendimiento total acumulado del 10.87% para el año fiscal hasta el 31 de mayo de 2025. El Fondo ha mantenido un sólido rendimiento total anual promedio a 5 años del 10.34%.
Reaves Utility Income Fund (NYSE American: UTG)는 2025년 6월 30일에 주당 0.19달러의 월 배당금을 발표했으며, 2025년 6월 17일 기준 주주들에게 지급됩니다. 이번 배당금은 전액 장기 순실현 자본이익에서 발생했습니다.
회계연도 누적 배당금 구성은 다양하며, 순투자소득 11.95%, 단기 자본이익 1.24%, 장기 자본이익 66.46%, 자본 반환 20.35%로 구성되어 있습니다. 펀드의 성과 지표는 연환산 배당률이 6.56%이며, 2025년 5월 31일까지의 회계연도 누적 총수익률은 10.87%입니다. 또한 펀드는 강한 5년 평균 연간 총수익률 10.34%을 유지하고 있습니다.
Reaves Utility Income Fund (NYSE American : UTG) a annoncé sa distribution mensuelle de 0,19 $ par action, versée le 30 juin 2025 aux actionnaires inscrits au 17 juin 2025. Cette distribution provient entièrement des plus-values nettes réalisées à long terme.
Les distributions cumulées depuis le début de l'exercice présentent une composition diversifiée : 11,95 % provenant des revenus nets d'investissement, 1,24 % des gains en capital à court terme, 66,46 % des gains en capital à long terme et 20,35 % du remboursement de capital. Les indicateurs de performance du Fonds indiquent un taux de distribution annualisé de 6,56 % et un rendement total cumulé de 10,87 % pour l'exercice jusqu'au 31 mai 2025. Le Fonds a maintenu une solide performance annuelle moyenne totale sur 5 ans de 10,34 %.
Reaves Utility Income Fund (NYSE American: UTG) hat seine monatliche Ausschüttung von 0,19 $ pro Aktie angekündigt, die am 30. Juni 2025 an die zum 17. Juni 2025 eingetragenen Aktionäre ausgezahlt wird. Die Ausschüttung stammt vollständig aus realisierten langfristigen Nettokapitalgewinnen.
Die Ausschüttungen des Fonds im laufenden Geschäftsjahr weisen eine vielfältige Zusammensetzung auf: 11,95 % aus Nettokapitalerträgen, 1,24 % aus kurzfristigen Kapitalgewinnen, 66,46 % aus langfristigen Kapitalgewinnen und 20,35 % aus Kapitalrückzahlungen. Die Leistungskennzahlen des Fonds zeigen eine annualisierte Ausschüttungsrendite von 6,56 % sowie eine kumulative Gesamtrendite von 10,87 % für das Geschäftsjahr bis zum 31. Mai 2025. Der Fonds verzeichnet eine starke 5-jährige durchschnittliche jährliche Gesamtrendite von 10,34 %.
- Strong 5-year average annual total return of 10.34%
- Healthy fiscal year-to-date cumulative total return of 10.87%
- Consistent monthly distribution maintained at $0.19 per share
- Majority of distribution (66.46%) comes from realized long-term capital gains
- 20.35% of fiscal year-to-date distributions represent return of capital, which may indicate distribution exceeds earnings
- Current distribution shows no contribution from net investment income
DENVER, CO / ACCESS Newswire / June 30, 2025 / On June 30, 2025, the Reaves Utility Income Fund (NYSE American:UTG) (the "Fund"), a closed-end sector fund, paid a monthly distribution on its common stock of
The following table sets forth the estimated amount of the sources of distribution for purposes of Section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted thereunder. In accordance with generally accepted accounting principles ("GAAP"), the Fund estimates the following percentages, of the total distribution amount per share, attributable to (i) current and prior fiscal year net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source as a percentage of the total distribution amount. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
Current Distribution from: | ||||||||
Per Share ($) | % | |||||||
Net Investment Income | 0.00000 | 0.00 | % | |||||
Net Realized Short-Term Capital Gain | 0.00000 | 0.00 | % | |||||
Net Realized Long-Term Capital Gain | 0.19000 | 100.00 | % | |||||
Return of Capital or other Capital Source | 0.00000 | 0.00 | % | |||||
Total (per common share) | 0.19000 | 100.00 | % | |||||
Fiscal Year-to-Date Cumulative | ||||||||
Distributions from: | ||||||||
Per Share ($) | % | |||||||
Net Investment Income | 0.18168 | 11.95 | % | |||||
Net Realized Short-Term Capital Gain | 0.01883 | 1.24 | % | |||||
Net Realized Long-Term Capital Gain | 1.01012 | 66.46 | % | |||||
Return of Capital or other Capital Source | 0.30937 | 20.35 | % | |||||
Total (per common share) | 1.52000 | 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 5/31/25) | |||||
Annualized Distribution Rate as a Percentage of NAV^ | 6.56 | % | |||
Cumulative Distribution Rate on NAV^ + | 4.38 | % | |||
Cumulative Total Return on NAV* | 10.87 | % | |||
Average Annual Total Return on NAV for the 5 Year Period Ended 5/31/25** | 10.34 | % | |||
^ Based on the Fund's NAV as of May 31, 2025.
+ Cumulative distribution rate is based on distributions paid to date for the period November 1, 2024 through
June 30, 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 May 31, 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
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