# Reaves Utility Income Fund (UTG)

> Source: Nexqual · https://nexqual.com/UTG · data as of 2026-10-23 16:17 UTC · cite as "Nexqual, Reaves Utility Income Fund (UTG), nexqual.com/UTG" · informational, not investment advice.

**Price:** USD 33.75 (-0.98% today) · US market open, as of October 23, 2026 at 16:17 UTC; quotes may be delayed. Prev close 34.08 · day 33.51–33.92 · 52w 33.51–43.9 · market cap $3.09B · NYQ

## Key facts
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $45K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: None.
- Total return with dividends: 1Y -5.0% vs S&P 500 +14.7%; 5Y +42.9% vs S&P 500 +77.5%.

## Insider purchases (SEC Form 4, open-market, last ~7 months)
2 purchases, $45K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-06-26 | Rhame Joseph Burns Iii |  | 500 | $21K | 41.2 | Too little history (no open-market trades in 2024) |
| 2026-06-24 | Legg Joellen | Director | 580 | $25K | 42.62 | Too little history (no open-market trades in 2023 or 2025) |
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-23) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -5.0% | +42.9% |
| S&P 500 (SPY) | +14.7% | +77.5% |
| Per year | -5.0% | +7.4% |
| Volatility (annualized) | 19.2% | 19.9% |
| Max drawdown | -20.3% (May 2026→Sep 2026) | -25.2% (Mar 2022→Oct 2022) |

## Peers (Asset Management)
BXSL (Blackstone Secured Lending Fund) USD 23.52 -1.65% · VCTR (Victory Capital Holdings, Inc. ) USD 107.08 -0.29% · PDI (PIMCO Dynamic Income Fund) USD 14.3 +0.02% · AMG (Affiliated Managers Group, Inc.) USD 390.52 -1.27% · SEIC (SEI Investments Company) USD 103.4 -1.05% · IVZ (Invesco Ltd) USD 28.54 -0.87%

## More
Full page: https://nexqual.com/UTG · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter | — | — | — | $0 | — |
| Next quarter | — | — | — | $0 | — |
| Current fiscal year | — | — | — | $0 | — |
| Next fiscal year | — | — | — | $0 | — |