Reaves Utility Income Fd Sbi Usd20 (UTG) Stock
Financial services company. Here's the price, business snapshot, and what's worth knowing about Reaves Utility Income Fd Sbi Usd20 in June 2026.
Reaves Utility Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of after-tax income and total return consisting primarily of tax-advantaged dividend income and capital appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in dividend-paying common and preferred stocks of companies in the utility industry. The Fund pursues its investment objective by investing at least 80% of its total assets in the securities of domestic and foreign companies involved to a significant extent in providing products, services or equipment for the generation or distribution of electricity, gas or water; telecommunications activities, and infrastructure operations, such as airports, toll roads and municipal services. The Fund may invest in preferred stocks and bonds of below investment grade quality (junk bonds). The Fund's investment adviser is W.H. Reaves & Co., Inc.
Stock Performance Snapshot
Financial Health
Reaves Utility Income Fund shows solid revenue and profit margins, indicating good financial performance.
Dividend
REAVES UTILITY INCOME FD SBI's low dividend yield of 1.32% suggests limited returns for income-focused investors. If you invested $1000 you would be paid $13.20 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Discover More Opportunities
ARES CAPITAL CORP
Ares Capital is a publicly traded specialty finance company that lends to, and invests in, private middle-market companies across a variety of industries.
ADAMS DIVERSIFIED EQUITY FUND INC
Adams Diversified Equity Fund, Inc. (the Fund) is a diversified, closed-end investment company. The Fund is an internally managed closed-end fund whose investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. The Fund invests in a blend of high-quality, large-cap companies. The Fund seeks to generate returns that exceed its benchmark and consistently distribute dividend income and capital gains to shareholders. The Fund may invest up to 20% of assets in commodities (other than physical commodities), including swaps. The Fund invests in various sectors, such as information technology, financials, healthcare, consumer discretionary, communication services, industrials, consumer staples, energy, utilities, real estate and materials.
ABRDN TOTAL DYNAMIC DIVIDEND FUND
abrdn Total Dynamic Dividend Fund is a fund that provides investors with exposure to a portfolio of dividend-paying stocks and bonds from the U.S. and foreign markets.
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.