Finance
Closed-End Fund

Reaves Utility Income Fund

$34.52
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+$0.04 (0.12%) Today
$0.00 (0.00%) After Hours

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About

Market Cap
1.69B
Price-Earnings Ratio
31.75
Dividend Yield
3.59
Average Volume
165.05K
High Today
$34.71
Low Today
$34.45
Open Price
$34.55
Volume
59.19K
52 Week High
$34.98
52 Week Low
$26.96

Collections

Finance
Closed-End Fund

News

Seeking AlphaApr 25

Reaves Utility Income Fund: Good, Conservative Utilities Fund, But A Bit Overpriced

One popular asset class among retirees and other income-focused investors is utilities. This makes a lot of sense as utilities tend to be very stable entities that operate in monopoly or near-monopoly conditions and have a captive customer base that generally does not fail to purchase its products. After all, how often will someone want to risk having their electricity or heat switched off due to failure to pay bills? However, it can be somewhat difficult to pick and choose between the various utilities or ...

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