UTG: A Strong Performer in the Utility Income Fund Landscape

Utility income funds are designed to be defensive, offering steady yields and investing in reliable utility companies. However, Reaves Utility Income Fund (UTG) is a strong performer that deviates from this traditional income fund approach. UTG's portfolio includes a mix of utility, infrastructure, and energy companies with a focus on dividend-paying stocks. The fund's manager, Todd Trudeau, has a track record of outperforming the S&P 500 and offers a unique approach to investing in the utility sector.