UTG / UTG: A Wild Ride But Steady Income, ~7% Distribution Yield

Reaves Utility Income Trust has seen a negative performance and a 10% drop in price return, indicating an increased risk given the reliance on capital more_horizontal

I was previously cautious on the Reaves Utility Income Fund due to valuations. However, with valuations normalized, the risk/reward looks more attract more_horizontal

Reaves Utility Income Trust is a closed-end fund that focuses on utility stocks for income generation. Utility stocks are facing high valuations colle more_horizontal

Reaves Utility Income Trust aims to provide high levels of after-tax total return through dividend income and capital appreciation. UTG has underperfo more_horizontal

Berkshire Hathaway is in the news again for buying utility assets. While Warren Buffett likes to cobble together a portfolio from individual opportuni more_horizontal

The Reaves Utility Income Trust is underperforming due to falling energy prices and rising interest rates, which are affecting its high-dividend-yield more_horizontal

Reaves Utility Income Trust yields 8.27% and Allspring Utilities and High Income Fund yields 8.49%, and both closed-end funds pay monthly. Both funds more_horizontal

The outlook for the utility sector remains weak, these companies face tougher regulations as well as increasing consumer defaults. The Reaves Utility more_horizontal