Reaves Utility Income Fund (NYSE Amex: UTG)
1290 Broadway, Suite 1100
Denver, CO 80203 1-800-644-5571
REAVES UTILITY INCOME FUND ANNOUNCES 2018 TAX INFORMATION
Denver, Colorado-The Reaves Utility Income Fund (NYSE Amex: UTG) today announced the final tax status for its 2018 distributions as follows:
Total Ordinary Dividends
Amount | Non- | |||||
Record Date | Payable Date | per Share | Qualified | Qualified | ||
2/16/2018 | 2/28/2018 | $0.160000 | 23.08% | -- | 76.92% | -- |
3/20/2018 | 3/29/2018 | $0.160000 | 23.08% | -- | 76.92% | -- |
4/20/2018 | 4/30/2018 | $0.170000 | 23.08% | -- | 76.92% | -- |
5/22/2018 | 5/31/2018 | $0.170000 | 23.08% | -- | 76.92% | -- |
6/19/2018 | 6/29/2018 | $0.170000 | 23.08% | -- | 76.92% | -- |
7/20/2018 | 7/31/2018 | $0.170000 | 23.08% | -- | 76.92% | -- |
8/21/2018 | 8/31/2018 | $0.170000 | 23.08% | -- | 76.92% | -- |
9/20/2018 | 9/28/2018 | $0.170000 | 23.08% | -- | 76.92% | -- |
10/22/2018 | 10/31/2018 | $0.170000 | 23.08% | -- | 76.92% | -- |
11/19/2018 | 11/30/2018 | $0.170000 | 100% | -- | -- | -- |
12/18/2018 | 12/31/2018 | $0.170000 | 100% | -- | -- | -- |
12/31/2018 | 1/16/2019 | $0.170000 | 100% | -- | -- | -- |
Long-Term Return of Capital Gains Capital
In addition, 100% of the dividends paid qualify for the corporate dividends received deduction.
The tax designations of the distributions were previously reported to shareholders on a tentative book basis. The final tax designations are based upon tax reporting requirements and should be used by shareholders for tax return preparation.
This notice is provided to you for informational purposes only, and should not be considered tax advice. Please consult your tax advisor for further assistance.
The Reaves Utility Income Fund
The investment objective of the Fund is to provide a high level of income and total return consisting primarily of tax-advantaged distributions and capital appreciation. There were approximately $1.9 billion of total assets under management and 48.7 million common shares outstanding as of December 31, 2018.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain an annual report or semi-annual report which contains this and other information visitwww.utilityincomefund.com or call 1-800-644-5571. Read them carefully before investing or sending money.
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 an intermediary or broker. The share price of a closed-end fund is based on the market s value.
ALPS Portfolio Distributors, Inc., FINRA Member Firm
REA000423 12/31/2019
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Reaves Utility Income Fund published this content on 04 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 January 2019 22:13:03 UTC
