Utilities Specialist Reaves Launches Its 1st Actively Managed Utilities ETF

Reaves Asset Management - an investment management firm that specializes in the utilities and energy sectors - has been investing on the behalf of its clients for the past 3+ decades. Recently, the company entered the ETF space for the first time with the Reaves Utilities ETF (NASDAQ:UTES).

 

Reaves, however, is not new to the fund game. It also offers the open-end mutual fund Reaves Utilities and Energy Infrastructure Fund (MUTF:RSRAX) and the closed-end fund Reaves Utility Income Fund (NYSEMKT:UTG). Not only is Reaves entering the ETF space for the first time but it's doing so with one of the few actively managed ETFs out there.

Click the button below to read the rest of this original article on Seeking Alpha.

ETF Research

We cover ETFs across all sectors, regions and markets. We analyze the portfolios themselves as well as the macro environments that affect them.

Mutual Fund Research

We do mutual fund research too! Although not covered quite as in-depth as the ETF world, we've still profiled many of the big names!

Investing Strategy

Everything from retirement planning to 401(k) investing to options trading strategies and everything in between!

Next Steps...

Got a question? A comment? A fund you want to see profiled? Let us know!

Become A GREAT Dividend Growth Investor!

Sign up to receive our FREE 6-part guide on how to pick the right stocks, invest with conviction and secure a stress-free retirement today!

    We won't send you spam. Unsubscribe at any time.