My last analysis on the Reaves Utility Income Trust (NYSE:UTG) CEF was published on Nov 1. That article rated UTG as a HOLD and was triggered by the rate cut announced by the Federal Reserve in ...
Reaves Utility Income Trust remains a buy for its attractive 6.5% yield, robust dividend coverage, and healthy NAV growth. UTG trades at a slight 0.14% discount to NAV, offering a compelling entry ...
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