From other sites
- History of consistently raising the monthly dividend.
- Trading at the low end of NAV discount history.
- Strong NAV growth, but volatile price history creates trading opportunities.
- Managed since inception by the same team.
My Utility Fund Vs. Reaves Utility Income Fund: Which Offered The Better Return Last Year?
- Review the returns on a $50,000.00 utility fund I suggested a year ago.
- Comparison of returns between my utility fund and UTG, a utility closed equity fund.
- Revamping of the Utility Fund for next year to offer a 4.8% yield from dividends.
There are no Transcripts on UTG.
Tue, Oct. 7, 10:13 AM
- Reaves Utility Income Fund (NYSEMKT:UTG) declares $0.1375/share monthly dividend, for Oct., Nov. and Dec. in line with previous.
- Forward yield 5.70%
- Payable Oct. 31; for shareholders of record Oct. 17; ex-div Oct. 15.
- Payable Nov. 26; for shareholders of record Nov. 18; ex-div Nov. 14.
- Payable Dec.31; for shareholder of record Dec. 19; ex-div Dec. 17.
Mon, Apr. 7, 11:49 AM| Comment!
Mon, Jan. 27, 9:55 AM
- A trio of closed-end funds selling at discounts to NAV get early boosts after Bill Gross recommends them at the Barron's Roundtable over the weekend.
- The Pimco Dynamic Income Fund (PDI +2.1%) launched in May 2012 near the low in interest rates, but is still 20% higher today, in addition to making hefty payouts. One of the managers is Daniel Ivascyn who was just elevated to Pimco's deputy CIO after the resignation of Mohamed El-Erian. Magazine cover indicator types will want to know Ivascyn was just named to Morningstar's Fixed Income Managers of the Year.
- PDI yields 7.85%, but a special dividend boosted 2013's return to 12%. It is slightly levered and invests in nonagency MBS. "The fund could have a lot of firepower if the housing market holds up."
- For those with interest in tax-free income, Gross suggests the Pimco Municipal Income Fund II (PML +1.5%), trading at a slight discount to NAV and holding no debt of Puerto Rico or Detroit.
- Selling at an 8% discount to NAV at last check is the Reaves Utility Income Fund (UTG +1.2%).
- For high yield debt, Gross suggests an ETF, the Pimco 0-5 Year High-Yield Corporate Bond Index (HYS +0.1%) - the shorter duration should limit risk if spreads widen.
Dec. 18, 2013, 9:05 AM| Comment!
Oct. 8, 2013, 6:40 AM| Comment!
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