Reaves Utility Income Fund (UTG)
Reaves Utility Income Fund (UTG) is listed on NYSE American, where it has traded since February 25, 2004.
- Listed On
- NYSE American
- Listed Since
- February 25, 2004
- Market Cap
- $3.1B
About Reaves Utility Income Fund
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
Institutional ownership
In 13F filings for the quarter ended June 30, 2026, 263 institutions reported holding UTG, with 13.7 million shares worth $556.9 million in aggregate. The largest reported holder was Bank of America, with 1.3 million shares worth $53.2 million. Of the 5 largest holders listed below, 3 added shares and 2 reduced their positions during the quarter.
| Institution | Shares | Value | Quarter change |
|---|---|---|---|
| Bank of America | 1,307,405 | $53M | Reduced 3.95% |
| Morgan Stanley | 1,205,092 | $49M | Added 5.83% |
| Lpl Financial | 877,625 | $36M | Added 7.1% |
| Wells Fargo & Company/MN | 694,103 | $28M | Reduced 1.9% |
| Raymond James Financial | 548,908 | $22M | Added 52.78% |
Form 13F is a quarterly report that institutional investment managers with at least $100 million in qualifying securities file with the SEC. It lists long positions as of the last day of the quarter and is due within 45 days of quarter end, so these holdings describe that date rather than today.
Frequently asked questions
What is UTG?
Reaves Utility Income Fund (UTG) is listed on NYSE American, where it has traded since February 25, 2004.
Who are the largest institutional holders of UTG?
In 13F filings for the quarter ended June 30, 2026, the largest reported holders of UTG were Bank of America, Morgan Stanley and Lpl Financial.
How many institutions own UTG?
263 institutions reported a position in UTG for the quarter ended June 30, 2026, worth $556.9 million in total.
Did institutions buy or sell UTG last quarter?
Of the 5 largest reported holders, 3 added shares and 2 reduced their positions during the quarter. Every reported holder and its change is on the SentiSense ownership page for UTG.
Every reported institutional holder, plus insider and congressional trades in UTG, on SentiSense.