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Attractive Utility CEFs

|Includes: GUT, Cohen&Steers Infrastructure Fund (UTF), UTG
Summary

Utilities and other interest rate sensitive investments have been on the decline with the Fed raising rates.

3 attractive utility CEFs to be looking at.

Is now the time to be considering utility CEFs while they are out of favor?

I've been looking to add more to my portfolio from the utility sector. The three more popular ones I have come up with:

Reaves Utility Income (NYSEMKT:UTG) currently trading at a 8.5% discount. The yield stands at 7.33% and recently increased the distribution from $0.16 to $0.17 paid monthly. 10 year annualized return is at 10.85%. I do currently have a small position in UTG.

Cohen & Steers Infrastructure (NYSE:UTF) is sitting at a 10% discount. This CEF is currently yielding 8.74% and also had a recent increase in distribution from $0.1340 to $0.1550 paid monthly. The 10 year return for UTF is 8.16%.

Gabelli Utility Trust (NYSE:GUT) sits at a lofty 25.47% PREMIUM. This monthly paying utility CEF pays a 9.9% yield. The 10 year return for GUT is 7.95%.

I pulled all data from cefconnect and Morningstar.

What utility CEF are readers looking at? Are there other popular ones that you can think of that I haven't included? Or are you avoiding utility CEFs and other interest rate sensitive investments at this time with the Fed raising rates? 

Disclosure: I am/we are long UTG.