Reaves Utility Income Fund is a diversified, closed-end fund that invests primarily in dividend-paying equity and fixed-income securities within the utility industry and related infrastructure sectors. The fund allocates at least 80% of its total assets to these investments, focusing on generating tax-advantaged monthly income for shareholders through dividends and long-term capital gains. Managed by Reaves Asset Management, it employs fundamental analysis to select companies with strong cash flows and competitive advantages.
