UTG Stock Discussion
Reaves Utility Income Fund Description
Reaves Utility Income Fund is a closed ended equity mutual fund launched and managed by W. H. Reaves & Company, Inc. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating in the utilities sector. The fund employs a combination of quantitative and fundamental analysis stock picking approach to create its portfolio. Reaves Utility Income Fund was formed on September 15, 2003 and is domiciled in the United States.
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