Reaves Utility Income Fund Section 19(a) Notice
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Reaves Utility Income Fund (NYSE American: UTG) announced a monthly distribution of $0.19 per share, paid on February 28, 2025, to shareholders of record as of February 18, 2025. The distribution details are provided in accordance with Section 19(a) of the Investment Company Act of 1940.
February 28, 2025 | 12:15 pm
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Reaves Utility Income Fund paid a monthly distribution of $0.19 per share on February 28, 2025. This payment is in line with the fund's regular distribution policy.
The distribution is a regular monthly payment, which is expected by investors. It does not indicate any change in the fund's financial health or strategy, thus having a neutral impact on the stock price.
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