Welcome to our dedicated page for Reaves Utility Income Fund news (Ticker: $UTG), a resource for investors and traders seeking the latest updates and insights on Reaves Utility Income Fund stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Reaves Utility Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Reaves Utility Income Fund's position in the market.
Reaves Utility Income Fund (NYSE American: UTG) released a Section 19(a) Notice detailing its monthly distribution of $0.19 per share to shareholders. The distribution breakdown includes net investment income, short-term and long-term capital gains, and return of capital percentages. Fiscal year-to-date cumulative distributions and tax implications were also disclosed. The fund's performance, distribution rates, and total returns were provided, cautioning shareholders about not solely relying on NAV performance. The Board of Trustees will monitor distribution levels, subject to modification.