News

2012

01/31/2012 The Reaves Utility Income Fund Announces Tax Information

2011

12/23/2011 The Reaves Utility Income Fund Announces a Special Capital Gains Distribution
12/20/2011 The Reaves Utility Income Fund Announces Regular Monthly Dividend of $0.125 Per Share and Declares a Special Capital Gain Distribution of $0.331 Per Share
09/19/2011 The Reaves Utility Income Fund Announces Regular Monthly Dividend of $0.125 Per Share
07/06/2011 The Reaves Utility Income Fund Announces Regular Monthly Dividend of $0.125 Per Share
03/14/2011 The Reaves Utility Income Fund Increases its Monthly Dividend 8.7% To $0.125 per Share

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The Reaves Utility Income Fund is a closed-end fund and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Since the initial public offering, the Fund now trades in the secondary market. Investors wishing to buy or sell shares need to place orders through and intermediary or broker. The share price of a closed-end fund is based on the market's value. The Fund's investment objective is fundamental and may not be changed without the vote of the Fund's shareholders.

An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, annual report or semi-annual report which contains this and other information visit www.utilityincomefund.com or call 1-800-644-5571. Read them carefully before investing.

Closed-end Funds: Not FDIC Insured No Bank or Other Guarantee May Lose Money