Reaves Utility Income Fund (UTG) is a publicly traded company in the Financial Services sector, operating within the Asset Management - Income industry. The company is headquartered in Jersey City, NJ, United States. The current CEO is Jeremy Oppegard May.
UTG has IPO date of 2004-02-25, listed on the American Stock Excha, a market capitalization of $3.68B.
Reaves Utility Income Fund is a closed-end balanced mutual fund launched and managed by W. H. Reaves & Company, Inc., focusing on the United States public equity and fixed income markets. The fund invests primarily in dividend-paying stocks and debt instruments of utility sector companies across all market capitalizations. Using a combination of quantitative and fundamental analysis with a bottom-up stock picking approach, the fund seeks to generate regular income for investors. Established on September 15, 2003, the fund is domiciled in the United States and aims to provide exposure to stable, income-generating utility sector investments.
