NYSE MKT | FUND
Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed byW. 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.
Top 20 Holdings
| Name | Weight |
|---|---|
| BCE Inc | 4.92% |
| Ameren Corp | 4.31% |
| NextEra Energy Inc | 4.20% |
| Xcel Energy Inc | 4.01% |
| Southern Co | 3.96% |
| Public Service Enterprise Group Inc | 3.96% |
| TELUS Corp | 3.87% |
| Exelon Corp | 3.66% |
| American Water Works Co Inc | 3.58% |
| Eversource Energy | 3.43% |
| WEC Energy Group Inc | 3.41% |
| Union Pacific Corp | 3.25% |
| Comcast Corp Class A | 3.23% |
| Prologis Inc | 3.12% |
| Norfolk Southern Corp | 3.02% |
| Fortis Inc | 2.81% |
| SBA Communications Corp | 2.63% |
| Equinix Inc | 2.59% |
| Crown Castle International Corp | 2.53% |
| CMS Energy Corp | N/A% |