Utility stocks are the top performers of the past month, finding new fans among income investors...

|By:, SA News Editor
Utility stocks are the top performers of the past month, finding new fans among income investors as the 10-year Treasury approaches 3%. The three biggest holdings in the utilities ETF - Southern (SO), Exelon (EXC) and Dominion Resources (D) - boast dividend yields near 5%, which means utilities are 35% undervalued relative to government bonds, a Barclays analyst says. (ETF: XLU)