UTG: A Strong Performer, But Not A Traditional Income Fund
Corroborated by 1 source from 1 publisher
globalworld8h ago
TL;DR
Reports differ across sources; according to seekingalpha.com, intro - Reaves Utility Income Fund delivers a 6.2% yield, but 86% of distributions stem from capital gains, not recurring utility income.
Sources
1
Seeking Alpha Market News
https://seekingalpha.com/article/4885210-three-strong-international-equity-dividend-etfs?source=feed_all_articles
13h ago
2
Seeking Alpha Market News
https://seekingalpha.com/article/4885362-utg-a-strong-performer-but-not-a-traditional-income-fund?source=feed_all_articles
8h ago