The Reaves Utility Income Fund is a diversified, closed-end investment vehicle, overseen by W. H. Reaves & Company, Inc. It strategically allocates capital across public equity and fixed-income markets within the United States, with a primary objective to target companies operating specifically within the Utilities sector. The portfolio predominantly comprises dividend-paying equities and various debt instruments from businesses spanning the full spectrum of market capitalizations. To construct its holdings, the fund employs a rigorous methodology combining quantitative and fundamental analysis, complemented by a bottom-up security selection approach. Formed on September 15, 2003, the fund is domiciled in the United States.