Sector: Financials | Industry: Closed End Funds |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1700 BROADWAY, SUITE 1850 DENVER CO 80290 |
Tel: | N/A |
Website: | https://www.utilityincomefund.com |
IR: | See website |
Key People | ||
Joseph B. Rhame President | Bradley J. Swenson Chief Compliance Officer | Jill A. Kerschen Treasurer | Christopher Moore Company Secretary |
Business Overview |
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. |
Financial Overview |
For the fiscal year ended 31 October 2010, Reaves Utility Income Fund has not disclosed any comparable financial information. |
Reporting Currency: | U.S. Dollars |
Enterprise value: | N/A |
Annual revenue (TTM): | N/A |
EBITDA (TTM): | N/A |
Net annual income (TTM): | N/A |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 79,037,478 as of Jan 30, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |