Reaves Utility Income Fund

Reaves Utility Income Fund is a closed-end management investment company focused on generating income through investments in the utility sector. Primarily targeting equities of utility companies, the fund seeks to provide a high level of after-tax income along with capital appreciation. Its investments span across diverse utilities, including electric, gas, water, and telecommunications sectors, offering investors exposure to industries that typically exhibit stable cash flows and dividends. Reaves Utility Income Fund employs a disciplined approach to selection, aiming to balance risk and reward by picking stocks with strong fundamentals and growth potential within the utilities space. The fund plays a significant role in the market for investors seeking income-oriented strategies with a focus on infrastructure and essential service industries, which are often seen as defensive during economic downturns due to their essential nature and consistent demand.