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0 0 0 0 0 0.000605143721633983 0.000605143721633983 0.00363086232980347
Stock impact report

Reaves Utility Income Fund Announces Regular Monthly Distributions of $0.19 per Share [Yahoo! Finance]

Reaves Utility Income Fund Common Shares of Beneficial Interest (UTG) 
NASDAQ:AMEX Investor Relations: utilityincomefund.com
Company Research Source: Yahoo! Finance
Tim Porter, the Fund's co-portfolio manager and Chief Investment Officer of Reaves Asset Management, the Fund's investment adviser, commented, "We remain confident that our portfolio of utility and infrastructure companies will continue to support the Fund's monthly distribution to shareholders." The Fund has formally implemented the 19b-1 exemption received from the Securities and Exchange Commission in 2009. A portion of each distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain and return of capital. The final determination of the source of these distributions, including the percentage of qualified dividend income, will be made after the Fund's year end. Not less than eighty percent of the Fund's assets will continue to be invested in the securities of domestic and foreign companies involved to a significant extent in providing products, services, or equipment for (i) the generation Show less Read more
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