The Reaves Utility Income Fund is a publicly listed closed-end fund with an emphasis on paying a high distribution to shareholders through dividends and capital gains generated by the Fund’s investments. The Fund invests in infrastructure stocks, predominantly utilities. Reaves Asset Management is the Investment Advisor to the Fund.
To obtain a prospectus which contains this and other information, visit the following website: www.utilityincomefund.com or call 1-800-644-5571. Please read the prospectus carefully before investing or sending money.
W.H. Reaves & Co., Inc. / Reaves Asset Management has provided the link to the Reaves Utility Income Fund website as a convenience and this link does not imply endorsement, sponsorship or approval of this site.
The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through an intermediary or broker. The share price of a closed-end fund is based on the market’s value. The Fund’s investment objective is fundamental and may not be changed without the vote of the Fund’s shareholders.
An investor should consider investment objectives, risks, charges, and expenses carefully before investing. To obtain a prospectus which contains this and other information, visit the following website: www.utilityincomefund.com or call 1-800-644-5571. Read the prospectus carefully before investing or sending money.