STOCK TITAN

Reaves Utility Income - UTG STOCK NEWS

Welcome to our dedicated page for Reaves Utility Income news (Ticker: UTG), a resource for investors and traders seeking the latest updates and insights on Reaves Utility Income 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'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's position in the market.

Rhea-AI Summary
The Reaves Utility Income Fund (UTG) paid a monthly distribution of $0.19 per share to shareholders. The distribution consists of 37.09% net investment income and 62.91% net realized long-term capital gain. The fiscal year-to-date cumulative distributions amount to $2.09 per share. The Fund's NAV performance shows an annualized distribution rate of 8.71% and a cumulative distribution rate on NAV of 7.98%. Shareholders should not draw conclusions about the Fund's investment performance from this distribution.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.2%
Tags
none
-
Rhea-AI Summary
Reaves Utility Income Fund (UTG) paid a monthly distribution of $0.19 per share to shareholders. Net realized long-term capital gain accounted for 83.12% of the distribution amount. Fiscal year-to-date cumulative distributions amounted to $1.90 per share. The Fund's NAV performance showed a cumulative total return of 6.70% and an average annual total return of 3.95% for the 5-year period. The Board of Trustees will continue to monitor the Fund's distribution level.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
none
-
Rhea-AI Summary
Reaves Utility Income Fund (NYSE American: UTG) paid a monthly distribution of $0.19 per share to shareholders of record on July 21, 2023. The distribution breakdown includes 0% net investment income, 0% net realized short-term capital gain, 100% net realized long-term capital gain, and 0% return of capital. The fiscal year-to-date cumulative distribution breakdown includes 27.57% net investment income, 11.89% net realized short-term capital gain, 70.54% net realized long-term capital gain, and 0% return of capital. The Fund's annualized distribution rate is 8.32% of NAV, cumulative distribution rate on NAV is 6.24%, and cumulative total return on NAV is 4.26% for the fiscal year to date.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.18%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.55%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.92%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.73%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.71%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
none

FAQ

What is the current stock price of Reaves Utility Income (UTG)?

The current stock price of Reaves Utility Income (UTG) is $33.77 as of February 21, 2025.

What is the market cap of Reaves Utility Income (UTG)?

The market cap of Reaves Utility Income (UTG) is approximately 3.0B.
Reaves Utility Income

NYSE:UTG

UTG Rankings

UTG Stock Data

3.00B
65.10M
0.03%
12.27%
0.02%
Asset Management
Financial Services
Link
United States
Jersey City