Reaves Utility Income Fund Declares $0.20 Distribution, 90% From Long-Term Gains
UTG•Reaves Utility Income Fund paid a $0.20 per share monthly distribution on June 17, 2026, with 90.36% from net realized long-term capital gains and 9.64% from net investment income. Fiscal year-to-date distributions total $1.60 per share, comprising 11.43% income, 62.15% long-term gains and 26.42% return of capital.
1. Monthly Distribution Breakdown
On June 30, 2026, Reaves Utility Income Fund paid a $0.20 per share distribution to shareholders of record as of June 17, 2026. The fund estimates 9.64% of this payment derived from net investment income and 90.36% from net realized long-term capital gains.
2. Fiscal Year-to-Date Distribution Composition
Through June 30, 2026, the fund has distributed a cumulative $1.60 per share, with 11.43% from net investment income, 62.15% from net realized long-term capital gains and 26.42% classified as return of capital. These estimates reflect the fund’s investment activities since November 1, 2025.
3. NAV Performance and Distribution Rates
As of May 31, 2026, the annualized distribution rate on NAV stands at 5.66%, with a cumulative distribution rate of 3.77% for the fiscal period. The fund’s cumulative total return on NAV is 13.01%, and its five-year average annual total return on NAV is 12.33%.
