The Reaves Utility Income Fund (UTG) offers a big, steadily-growing, monthly-paid, tax-advantaged distribution (currently yielding 8.2%). And this closed-end fund ("CEF") does so by owning ...
UTG has appreciated 20.98% YTD, benefiting from increased energy demand driven by AI and tech sector growth, offering a 7% yield. Despite risks from potential rate hikes and high debt profiles of its ...