UTG: Reaves Utility Income Fund
Reaves · CEF - Equity · Tracks XLU
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year UTG paid 7.4% but its total return was -5.0%, so none of the payout was earned: the price fell by more than the fund paid out.
| Earned % (3 months) | below -100% |
| Earned % (1 year) | below -100% |
| Earned % (full history, up to 5 yrs) | 93% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 28.7 / 100 · rank #352 of 420. How the score works
Risk
| Sortino ratio (1Y) | -0.75 |
| Sharpe ratio (1Y) | -0.58 |
| Steadiness vs S&P 500 | 68% |
| Beta to S&P 500 | 0.77 |
| Correlation to S&P 500 | 0.52 |
| Max drop (1Y) | -23.5% |
| Max drop (up to 5 yrs) | -26.5% |
| Trend | Downtrend |
| History | 5.0 yrs |
Vs. XLU (what it's built on)
| Upside capture | 66% |
| Downside capture | 74% |
| Capture ratio | 0.90 |
| Beta | 0.72 |
| Correlation | 0.57 |
| Tracking | Weakly |
On days XLU rose, UTG caught 66% of the gain; on days it fell, UTG took 74% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Monthly.
| Ex-date | Amount |
|---|---|
| 2026-10-19 | $0.2100 |
| 2026-09-17 | $0.2100 |
| 2026-08-18 | $0.2100 |
| 2026-07-17 | $0.2100 |
| 2026-06-17 | $0.2000 |
| 2026-05-18 | $0.2000 |
| 2026-04-17 | $0.2000 |
| 2026-03-18 | $0.2000 |
| 2026-02-18 | $0.2000 |
| 2025-12-31 | $0.2000 |
| 2025-12-17 | $0.2000 |
| 2025-11-17 | $0.2000 |
Funds that track the same thing
Other XLU income funds, ranked by DT Score. See them all · Compare UTG with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| GUT Gabelli Utility Trust | CEF - Equity | 11.4% | 11.4% | -3.1% | -30% | 1% | 2% | Weakly | 36 | 13 | Downtrend |
About UTG
| Issuer | Reaves |
| Structure | CEF |
| Category | CEF - Equity |
| Strategy | Utility stocks, high-ish payout |
| Underlying | Utilities |
| Exposure | Utilities / Infrastructure |
| Index linkage | No - active |
| Pays | Monthly |
| Expense ratio | – |
| Launched | 2003 |
| Uses leverage | No |
| Upside capped | No |
| Rate sensitivity | Moderate |
| Return of capital common | Sometimes |
| Tax notes | QDI |
Research notes: Typically trades at premium; verify.
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