written by reader Reaves Utility Income Fund (UTG)–still a good idea?

By Anonymous Questions, September 20, 2013

Raves about UTG as a forever stock doesn’t hold water with us…have had a position since late 2011 and reinvested those great dividends and today are NET DOWN in our portfolio with a loss of ~ 1K! 32K down to 31K in round numbers. HELP us understand WHY we should stick w this thing! Thanks!

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