
Reaves Utility IF (UTG)
UTG Price Chart
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UTG Fund Profile
Key details and information about Reaves Utility IF (UTG).
Sector Focus
Financial Services
Industry
Asset Management
Inception Date
24 Feb 2004
Country
US
Description
Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in public equity and fixed income markets of the United States. It seeks to invest in securities of companies operating in the Utilities sector. The fund primarily invests in dividend paying stocks and debt instruments of companies operating across all market capitalizations. It employs a combination of quantitative and fundamental analysis with bottom-up stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.
UTG Fund Performance
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