Highlights
AMEX: UTG       Reaves Utility
Last Price Today's Change   Day's Range   Trading Volume
30.78   0.00 (0.00%)  0.00 - 0.00  0

Overview

 
Avg Volume (4 weeks):326,504
4 Weeks Range:28.85 - 34.50
4 Weeks Price Volatility (%):
89.22%
52 Weeks Range:28.85 - 36.50
52 Weeks Price Volatility (%):
84.33%
Average Price Target:-

Headlines



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Business Background

Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting primarily of tax-advantaged dividend income and capital appreciation. It invests a major portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations. The remaining assets may be invested in other securities including stocks, money market instruments, and debt instruments, as well as certain derivative instruments in the utility industry or other industries.

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