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Reaves Utility Income Fund(NYSEMKT) UTG

Market Cap$3.52BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2004)+865%
5 Year+55%
1 Year+8%
1 Month-4%
$38.47
+0.55%
+0.21Today
Reaves Utility Income Fund last closing stock price
MetricPriceDate
Last closeUSD 38.262026-08-25
Reaves Utility Income Fund stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week-2.84%USD 39.382026-08-18
1 month-3.95%USD 39.832026-07-24
3 month-9.19%USD 42.132026-05-27
Year to date+8.26%USD 35.342025-12-31
1 year+7.77%USD 35.502025-08-25
3 year+80.42%USD 21.212023-08-25
5 year+54.69%USD 24.732021-08-26
Since inception+865.19%USD 3.962004-02-25

Reaves Utility Income Fund Financials at a Glance

Market Cap

$3.52BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$532.00M

Net Income (TTM)

$2.01B

EPS (TTM)

$13.81

P/E Ratio

2.77

Dividend

$2.42

Beta (Volatility)

0.58 (Low)

Price

$38.47

Volume

111,577.134

Open

$38.29

Previous Close

$38.26

Daily Range

$38.29 - $38.95

52-Week Range

$35.81 - $43.90

Estimated Earnings Date

Apr 2, 2025

UTG News

No articles available.

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About Reaves Utility Income Fund

Reaves Utility Income Fund is a closed-end balanced mutual fund that focuses on investments in the utilities sector. Managed by W. H. Reaves & Company, Inc., the fund primarily invests in dividend-paying stocks and debt instruments across various market capitalizations.

Products and Services
  • Invests in public equity and fixed income markets
  • Focuses on companies in the utilities sector
  • Utilizes quantitative and fundamental analysis for portfolio creation
Growth Outlook
  • Recent quarterly revenue reached $123 million, indicating strong demand
  • Trailing twelve months (TTM) dividend yield stands at 6.29%
  • Net income for the latest quarter was approximately $586 million
Financial Highlights
  • Market capitalization of approximately $3.52 billion
  • Price-to-earnings (P/E) ratio of 2.79, suggesting potential value
  • Quarterly dividend of $2.41 per share, reflecting consistent returns
Reaves Utility Income Fund offers a unique investment opportunity within the utilities sector, characterized by its focus on dividend-paying stocks and a robust management strategy. The fund's recent performance highlights its ability to generate significant revenue and net income, positioning it favorably in the market. With a strong dividend yield and a low P/E ratio, the fund may appeal to investors seeking income and potential growth in a stable sector. The combination of quantitative and fundamental analysis in its investment approach further enhances its potential for long-term success.
AI Generated • Aug 21, 2026

Industry

Capital Markets

Sector

Financials

CEO

Jay Rhame, III, CFA

Website

www.utilityincomefund.com

Headquarters

Jersey City, NJ 07302, US

UTG Financials

Key Financial Metrics (TTM)

Gross Margin

85.17%

Operating Margin

648.14%

Net Income Margin

628.26%

Return on Equity

33.13%

Return on Capital

18.34%

Return on Assets

25.07%

Earnings Yield

36.10%

Dividend Yield

6.33%

Payout Ratio

16.88%

Stock Overview

Market Cap

$3.52BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

92.11M

Volume

111.58K

Avg. Volume

262.16K

Financials (TTM)

Gross Profit

$478.68M

Operating Income

$2.08B

EBITDA

$2.08B

Operating Cash Flow

$60.95M

Capital Expenditure

$0.00

Free Cash Flow

$60.95M

Cash & ST Invst.

$47.68M

Total Debt

$950.00M

Reaves Utility Income Fund Performance Analysis

Reaves Utility Income Fund annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-10-31USD 201,029,93639.1%
20232023-10-31USD 210,417,4754.7%
20242024-10-31USD 249,542,84318.6%
20252025-10-31USD 275,850,97810.5%
Reaves Utility Income Fund sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-10-3114.4%
Q22025-04-3049.6%
Q42025-10-31-61.5%
Q22026-04-3060.3%
Reaves Utility Income Fund annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-10-31USD -3.10N/A
20232023-10-31USD -0.96-68.9%
20242024-10-31USD 10.35N/A
20252025-10-31USD 8.57-17.2%
Reaves Utility Income Fund sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q42024-10-31183.3%
Q22025-04-30-85.4%
Q42025-10-31565.2%
Q22026-04-30-14.6%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q2 2026YOY CHG

Revenue

$123.02M

+5.7%

Gross Profit

$107.78M

+0.9%

Gross Margin

87.62%

N/A

Market Cap

$3.52BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

N/A

N/A

Employees

0

N/A

Net Income

$585.51M

+177.2%

EBITDA

$605.34M

+165.9%

Quarterly Fundamentals

Name
Q2 2026YOY CHG

Total Cash

$47.68M

+6.4%

Total Debt

$950.00M

+74.3%

Accounts Receivable

$3.95M

-66.2%

Inventory

$0.00

N/A

Long Term Debt

$950.00M

+74.3%

Short Term Debt

$0.00

N/A

Return on Assets

25.07%

N/A

Return on Invested Capital

25.86%

N/A

Free Cash Flow

$15.03M

-36.4%

Operating Cash Flow

$15.03M

-36.4%

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Questions About UTG

What is the current price of Reaves Utility Income Fund?

Reaves Utility Income Fund is trading at $38.47 per share.

What is the 52-week range for Reaves Utility Income Fund?

Over the past 52 weeks, Reaves Utility Income Fund has traded between $35.81 and $43.90.

How much debt does Reaves Utility Income Fund have?

As of the most recent reporting period, Reaves Utility Income Fund reported total debt of $875.00M.

How much cash does Reaves Utility Income Fund have on hand?

Reaves Utility Income Fund reported $3.23M in cash and cash equivalents in its most recent financial results.

What is Reaves Utility Income Fund’s dividend yield?

Reaves Utility Income Fund currently has a dividend yield of 6.33%.

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