NYSEAMERICAN:UTG Reaves Utility Income Fund - UTG Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Reaves Utility Income Fund Please log in to your account or sign up in order to add this asset to your watchlist. $27.32 +0.05 (+0.18%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$27.20▼$27.6050-Day Range N/A52-Week Range$24.55▼$35.43Volume154,713 shsAverage Volume237,991 shsMarket CapitalizationN/AP/E RatioN/ADividend Yield7.47%Price TargetN/A ProfileChartCompetitorsDividendFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media About Reaves Utility Income Fund (NYSEAMERICAN:UTG) StockReaves 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.Read More Receive UTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Reaves Utility Income Fund and its competitors with MarketBeat's FREE daily newsletter. Email Address UTG Stock News HeadlinesMarch 15, 2023 | americanbankingnews.comReaves Utility Income Fund (NYSEAMERICAN:UTG) Short Interest Down 11.7% in FebruaryDecember 13, 2022 | seekingalpha.comUTG: Likely Already Bottomed - Buy On PullbacksMarch 21, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastOctober 22, 2022 | finance.yahoo.comReaves Utility Income Fund (XUTGX)September 22, 2022 | markets.businessinsider.comHUB International Embeds Auto Insurance into Wayne Reaves Auto Dealer Management SoftwareJuly 11, 2022 | finance.yahoo.comCoal Is on Its Way Out, Despite Supreme Court EPA Ruling. Utilities Look Like a Buy.July 1, 2022 | seekingalpha.comUTG Reaves Utility Income FundMay 3, 2022 | nasdaq.comUpcoming Dividend Run For UTG?March 21, 2023 | Legacy Research (Affiliate) (Ad)"Prepare for Five Years of Famine"Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecastMarch 17, 2022 | fool.comReaves Utility Income Fund(UTG)January 23, 2022 | nasdaq.comReaves Utility Income Fund Common Shares of Beneficial Interest (UTG)January 6, 2022 | nasdaq.comReaves Utility Income Fund Breaks Below 200-Day Moving Average - Notable for UTGDecember 29, 2021 | nasdaq.comCash Dividend On The Way From Reaves Utility Income Fund (UTG)December 16, 2021 | nasdaq.comUTG Makes Bullish Cross Above Critical Moving AverageOctober 30, 2021 | finance.yahoo.comReaves Utility- A Safe-Haven IdeaOctober 7, 2021 | finance.yahoo.comThe Reaves Utility Income Fund Announces Regular Monthly Dividend Of $0.19 Per ShareJune 21, 2021 | finance.yahoo.comThe Reaves Utility Income Fund Increases Its Monthly Distribution 5.56% To $0.19 Per ShareMay 11, 2021 | finance.yahoo.comReaves Utility Income Fund Initiation Of Breakpoint FeesFebruary 12, 2021 | benzinga.comAnalyzing Reaves Utility Income's Ex-Dividend DateDecember 16, 2020 | benzinga.comUnderstanding Reaves Utility Income's Ex-Dividend DateOctober 30, 2020 | thestreet.comReaves Utility Income FundSeptember 11, 2020 | finance.yahoo.comInsider Buys Reaves Utility Income Fund's SharesFebruary 16, 2020 | www.nasdaq.comReaves Utility Income Fund Common Shares of Beneficial Interest (UTG) Institutional HoldingsDecember 20, 2019 | seekingalpha.comReaves Utility Income Fund: 5.7% Yield, Impressive PerformanceDecember 13, 2019 | finance.yahoo.comReaves Utility Income Fund Section 19(a) NoticeOctober 10, 2019 | finance.yahoo.comThe Reaves Utility Income Fund Announces Regular Monthly Dividend Of $0.18 Per ShareJune 18, 2019 | markets.ft.comReaves Utility Income TrustSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive UTG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Reaves Utility Income Fund and its competitors with MarketBeat's FREE daily newsletter. Email Address UTG Company Calendar Ex-Dividend for 1/17 Dividend12/29/2022Dividend Payable1/17/2023Ex-Dividend for 3/31 Dividend3/16/2023Today3/20/2023Dividend Payable3/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSEAMERICAN Industry Closed - End Fund - Equity Sub-IndustryN/A SectorFinance Current SymbolNYSEAMERICAN:UTG Previous SymbolNYSEMKT:UTG CUSIPN/A CIK1263994 Webwww.utilityincomefund.com PhoneN/AFaxN/AEmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity RatioN/A Current RatioN/A Quick RatioN/A Sales & Book Value Annual SalesN/A Price / SalesN/A Cash FlowN/A Price / Cash FlowN/A Book ValueN/A Price / BookN/AMiscellaneous Outstanding SharesN/AFree FloatN/AMarket CapN/A OptionableNot Optionable BetaN/A Key ExecutivesMr. Jeremy Oppegard May CPA (Age 52)CPA, Chairman of Trustee,Pres & Principal Financial Officer of ALPS Mutual Fund Svcs In Mr. Edmund Joseph Burke (Age 61)Principal Exec. Officer Mr. William Avrum FererPortfolio Mang.Key CompetitorsBlackRock Health Sciences TrustNYSE:BMECalamos Global Dynamic Income FundNASDAQ:CHWCohen & Steers Quality Income Realty FundNYSE:RQIMacquarie/First Trust Global Infrastructure/Utilities Dividend & Income FundNYSE:MFDThe Gabelli Dividend & Income TrustNYSE:GDVView All CompetitorsInsiders & InstitutionsJoseph Burns Rhame IIIBought 2,000 shares on 3/15/2023Total: $54,600.00 ($27.30/share)Oliver Lagore Vanvalin Investment GroupBought 1,200 shares on 3/2/2023Ownership: 0.000%Northwestern Mutual Wealth Management Co.Sold 1,649 shares on 2/21/2023Ownership: 0.000%Certified Advisory CorpSold 1,240 shares on 2/16/2023Ownership: 0.000%Steward Partners Investment Advisory LLCSold 1,059 shares on 2/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions UTG Stock - Frequently Asked Questions How have UTG shares performed in 2023? Reaves Utility Income Fund's stock was trading at $30.28 on January 1st, 2023. Since then, UTG shares have decreased by 9.8% and is now trading at $27.32. View the best growth stocks for 2023 here. Are investors shorting Reaves Utility Income Fund? Reaves Utility Income Fund saw a drop in short interest in February. As of February 28th, there was short interest totaling 47,000 shares, a drop of 11.7% from the February 13th total of 53,200 shares. Based on an average daily trading volume, of 231,900 shares, the short-interest ratio is presently 0.2 days. View Reaves Utility Income Fund's Short Interest. How often does Reaves Utility Income Fund pay dividends? What is the dividend yield for Reaves Utility Income Fund? Reaves Utility Income Fund declared a dividend on Thursday, December 22nd. Investors of record on Friday, December 30th will be paid a dividend of $0.19 per share on Tuesday, January 17th. This represents a dividend yield of 7.94%. The ex-dividend date is Thursday, December 29th. Read our dividend analysis for UTG. What ETFs hold Reaves Utility Income Fund's stock? ETFs with the largest weight of Reaves Utility Income Fund (NYSEAMERICAN:UTG) stock in their portfolio include First Trust Income Opportunity ETF (FCEF). Is Reaves Utility Income Fund a good dividend stock? Reaves Utility Income Fund (NYSEAMERICAN:UTG) pays an annual dividend of $2.04 per share and currently has a dividend yield of 0.07%. Read our dividend analysis for UTG. What other stocks do shareholders of Reaves Utility Income Fund own? Based on aggregate information from My MarketBeat watchlists, some companies that other Reaves Utility Income Fund investors own include Paychex (PAYX), AT&T (T), AbbVie (ABBV), New Residential Investment (NRZ), Arbor Realty Trust (ABR), Main Street Capital (MAIN), Enterprise Products Partners (EPD), Verizon Communications (VZ) and Altria Group (MO). What is Reaves Utility Income Fund's stock symbol? Reaves Utility Income Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "UTG." Who are Reaves Utility Income Fund's major shareholders? Reaves Utility Income Fund's stock is owned by many different institutional and retail investors. Top institutional investors include Bank of America Corp DE (0.00%), Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%), Advisor Group Holdings Inc. (0.00%), Raymond James & Associates (0.00%) and Commonwealth Equity Services LLC (0.00%). Insiders that own company stock include Joseph Burns Rhame III, Louis Francisco Cimino and Thomas W Harmke. View institutional ownership trends. How do I buy shares of Reaves Utility Income Fund? Shares of UTG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Reaves Utility Income Fund's stock price today? One share of UTG stock can currently be purchased for approximately $27.32. This page (NYSEAMERICAN:UTG) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.