Reaves Utility Income Fund (UTG) Insider III Buys $2.8K of Stock

Insider Buying and Selling at Reaves Utility Income Fund

Rhame Joseph Burns III added to his holdings in Reaves Utility Income Fund UTG by picking up 73 shares on November 30, 2025. The transaction was executed at a price of $38.53 per share, resulting in a total investment value of $2,812.69. This filing captures the latest step in a consistent accumulation pattern by the insider over recent quarters.

Reviewing the Extended Insider Buying Pattern

This November transaction fits neatly into a broader series of recurring trades logged by Rhame Joseph Burns III over the past several months. Prior disclosures show him acquiring 74 shares at $37.17 on December 31, 2025, followed by 67 shares at $41.80 on February 28, 2026, and 71 shares at $39.28 on March 31, 2026. The pattern persisted into the spring with a purchase of 67 shares at $42.94 on April 30, 2026, and 66 shares at $42.45 on May 31, 2026. Each trade maintains a similar small scale, reflecting a steady accumulation routine rather than a single outsized shift in ownership.

Reaves Utility Income Fund Stock Performance and Market Context

Shares of Reaves Utility Income Fund trade on the NYSE American under the ticker UTG, recently exchanging hands around $40.80. The fund moves within a 52-week trading range spanning from a low of $35.75 to a high of $43.90. Its moving averages place the 50-day marker at $38.68 and the 200-day marker at $39.63, putting recent spot prices somewhat above both key technical thresholds. The fund carries a market capitalization of roughly $3.31 billion.

Dividend Profile and Payout Structure

Income-focused investors often track the fund for its regular cash distributions. Reaves Utility Income Fund provides an annual dividend rate of $2.52 per share, translating to a dividend yield of 7.01%. The distribution is supported by a dividend payout ratio of 0.1723, showing how earnings cover the payout.

Inside the Reaves Utility Income Fund Portfolio Strategy

Reaves Utility Income Fund operates as a closed-end balanced mutual fund managed by W. H. Reaves & Company, Inc. The fund primarily targets public equity and fixed-income markets within the United States, focusing heavily on utility sector companies and dividend-paying debt instruments across various market capitalizations. By combining quantitative models with fundamental bottom-up research, the fund constructs a portfolio tailored to income generation. Routine insider transactions from participants like Rhame Joseph Burns III offer a window into ongoing internal participation as the fund navigates broader market conditions.