Reaves Utility Income Fund
US ˙ NYSEAM

SecurityUTG / Reaves Utility Income Fund
InstitutionPrivate Advisor Group, LLC
Latest Disclosed Ownership138,375 shares
Latest Disclosed Value $ 5,435,368
Private Advisor Group, LLC reports 0.55% decrease in ownership of UTG / Reaves Utility Income Fund

On April 24, 2026 - Private Advisor Group, LLC filed a 13F-HR form disclosing ownership of 138,375 shares of Reaves Utility Income Fund (US:UTG) valued at $5,435,370 USD as of March 31, 2026. The entity filed a previous 13F-HR on February 17, 2026 disclosing 139,147 shares of Reaves Utility Income Fund. This represents a change in shares of -0.55% during the quarter. The current value of the position is $5,673,375 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-04-24 2026-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 138,375 -772 -0.55 5,435 6.78 0.0241
2026-02-17 2025-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 139,147 -2,274 -1.61 5,090 -9.16 0.0229
2025-11-13 2025-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 141,421 788 0.56 5,603 10.12 0.0276
2025-08-11 2025-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 140,633 9,141 6.95 5,088 18.93 0.0274
2025-05-05 2025-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 131,492 -10,824 -7.61 4,279 -5.12 0.0259
2025-02-03 2024-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 142,316 -46,101 -24.47 4,510 -27.05 0.0254
2024-10-22 2024-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 188,417 -17,475 -8.49 6,182 9.90 0.0384
2024-08-05 2024-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 205,892 2,377 1.17 5,625 2.52 0.0377
2024-04-30 2024-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 203,515 1,351 0.67 5,487 1.50 0.0394
2024-02-06 2023-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 202,164 4,450 2.25 5,406 10.92 0.0420
2023-11-03 2023-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 197,714 6,013 3.14 4,874 -7.29 0.0435
2023-08-10 2023-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 191,701 3,691 1.96 5,256 -1.48 0.0457
2023-05-10 2023-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 188,010 6,451 3.55 5,336 106,600.00 0.0510
2023-01-18 2022-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 181,559 8,484 4.90 5 -99.89 0.0003
2022-10-14 2022-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 173,075 10,626 6.54 4,715 -6.37 0.0542
2022-07-13 2022-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 162,449 5,646 3.60 5,036 -7.10 0.0449
2022-05-12 2022-03-31 13F/A-1 REAVES UTIL INCOME FD COM SH BEN INT 756158101 156,803 2,311 1.50 5,421 -0.09 0.0415
2022-05-10 2022-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 154,492 0 5,426 0.0408
2022-02-10 2021-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 154,492 33,201 27.37 5,426 36.50 0.0407
2021-10-14 2021-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 121,291 1,251 1.04 3,975 -3.50 0.0253
2021-08-12 2021-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 120,040 -2,487 -2.03 4,119 0.34 0.0360
2021-04-22 2021-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 122,527 -26,407 -17.73 4,105 -15.95 0.0392
2021-04-01 2020-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 148,934 12,251 8.96 4,884 14.19 0.0509
2020-11-02 2020-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 136,683 23,592 20.86 4,277 25.31 0.0556
2020-08-17 2020-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 113,091 -38,876 -25.58 3,413 -21.88 0.0474
2020-05-12 2020-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 151,967 60,426 66.01 4,369 28.80 0.0802
2020-02-10 2019-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 91,541 7,459 8.87 3,392 9.92 0.0527
2019-11-13 2019-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 84,082 3,535 4.39 3,086 7.00 0.0480
2019-08-14 2019-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 80,547 2,643 3.39 2,884 9.91 0.0521
2019-05-13 2019-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 77,904 26,213 50.71 2,624 72.52 0.0518
2019-02-08 2018-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 51,691 4,556 9.67 1,521 5.26 0.0367
2018-11-01 2018-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 47,135 36,818 356.87 1,445 383.28 0.0296
2018-08-09 2018-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 10,317 -3,422 -24.91 299 -22.94 0.0049
2018-05-09 2018-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 13,739 13,739 388 0.0152
2017-05-10 2017-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 0 -10,354 -100.00 0 -100.00
2017-02-09 2016-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 10,354 2,312 28.75 327 39.74 0.0107
2016-11-10 2016-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 8,042 -1,125 -12.27 234 -21.48 0.0095
2016-08-09 2016-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 9,167 229 2.56 298 11.19 0.0120
2016-05-13 2016-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 8,938 538 6.40 268 22.94 0.0129
2016-02-09 2015-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 8,400 26 0.31 218 -7.23 0.0105
2015-11-13 2015-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 8,374 -2,348 -21.90 235 -23.45 0.0129
2015-08-13 2015-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 10,722 10,722 307 0.0146
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.