Reaves Utility Income Fund (UTG) NYSE

36.77

+0.3(+0.82%)

Updated at December 24 01:00PM

Currency In USD

Reaves Utility Income Fund

Address

10 Exchange Place

Jersey City, NJ 07302

United States of America

Phone

800-975-8395

Sector

Financial Services

Industry

Asset Management - Income

Employees

0

First IPO Date

February 25, 2004

Key Executives

NameTitlePayYear Born
Edmund Joseph BurkePrincipal Executive Officer01961
William Avrum FererPortfolio Manager0N/A
Jeremy Oppegard MayChairman of the Board of Trustee,President & Principal Financial Officer of ALPS Mutual Fund Svcs In01970

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.