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Reaves Utility Income Fund Comm Message Board

  • c_wallis_jr c_wallis_jr Nov 15, 2012 2:00 PM Flag

    As usual investors panic. They follow the crow and sell solid stocks when

    the pundits are trying to scare them. UTG is a well-managed fund of very solid dividend paying stocks. Its currently yielding about 7% (0.13125 cents a month). Money market funds are averaging under .5%. Given the fact that the spread between these rates have ever been this high, I believe that UTG a steal at this level.

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