Reaves Utility Income Fund
US ˙ NYSEAM

SecurityUTG / Reaves Utility Income Fund
InstitutionAE Wealth Management LLC
Latest Disclosed Ownership13,266 shares
Latest Disclosed Value $ 521,088
AE Wealth Management LLC reports 20.65% decrease in ownership of UTG / Reaves Utility Income Fund

On May 13, 2026 - AE Wealth Management LLC filed a 13F-HR form disclosing ownership of 13,266 shares of Reaves Utility Income Fund (US:UTG) valued at $521,088 USD as of March 31, 2026. The entity filed a previous 13F-HR on January 26, 2026 disclosing 16,718 shares of Reaves Utility Income Fund. This represents a change in shares of -20.65% during the quarter. The current value of the position is $553,856 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)
2026-05-13 2026-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 13,266 -3,452 -20.65 521 -14.73 0.0001
2026-01-26 2025-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 16,718 -237 -1.40 612 -8.94 0.0035
2025-11-03 2025-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 16,955 153 0.91 672 10.54 0.0043
2025-08-06 2025-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 16,802 -389 -2.26 608 8.59 0.0044
2025-05-06 2025-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 17,191 -50 -0.29 559 2.38 0.0047
2025-02-13 2024-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 17,241 -248 -1.42 546 -4.71 0.0046
2024-11-14 2024-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 17,489 -2,098 -10.71 574 7.10 0.0052
2024-08-12 2024-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 19,587 3,086 18.70 535 20.50 0.0054
2024-05-15 2024-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 16,501 -11,141 -40.30 445 -38.93 0.0050
2024-02-14 2023-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 27,642 298 1.09 728 7.86 0.0037
2023-10-11 2023-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 27,344 -1,703 -5.86 674 -15.33 0.0040
2023-07-10 2023-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 29,047 1,098 3.93 796 0.38 0.0048
2023-04-14 2023-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 27,949 -439 -1.55 793 -1.12 0.0051
2023-01-31 2022-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 28,388 2,239 8.56 803 12.64 0.0058
2022-10-25 2022-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 26,149 2,351 9.88 712 -3.52 0.0056
2022-08-03 2022-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 23,798 -666 -2.72 738 -12.77 0.0059
2022-04-18 2022-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 24,464 -2,682 -9.88 846 -11.23 0.0058
2022-01-20 2021-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 27,146 3,369 14.17 953 22.34 0.0066
2021-11-01 2021-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 23,777 2,470 11.59 779 6.57 0.0064
2021-07-21 2021-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 21,307 1,232 6.14 731 8.62 0.0064
2021-04-27 2021-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 20,075 -1,142 -5.38 673 -3.30 0.0068
2021-02-01 2020-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 21,217 -2,458 -10.38 696 -6.07 0.0079
2020-11-06 2020-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 23,675 -5,944 -20.07 741 -17.11 0.0106
2020-08-05 2020-06-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 29,619 -1,201 -3.90 894 0.90 0.0138
2020-05-07 2020-03-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 30,820 6,894 28.81 886 -0.11 0.0204
2020-01-15 2019-12-31 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 23,926 10,829 82.68 887 84.41 0.0192
2019-11-05 2019-09-30 13F REAVES UTIL INCOME FD COM SH BEN INT 756158101 13,097 13,097 481 0.0139
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.