3 / 5 Stars
3 4 5 1 3
Zacks Investment Research
Standard & Poor's
4 / 5 Stars
#6 in Utilities
U.S. News evaluated 18 Utilities Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 18.75 percent over the past year, 14.38 percent over the past three years, and 12.54 percent over the past five years.
|Trailing Returns||Updated 10.31.2013|
|Year to date||20.3%|
|3 Years (Annualized)||14.4%|
|5 Years (Annualized)||12.5%|
|10 Years (Annualized)||N/A|
The investment seeks total return from income and capital growth. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of domestic and foreign public utilities and energy companies. The fund managers consider a company to be involved to a significant extent in the Utilities Industry and/or the Energy Industry, as applicable, if at least 50% of its assets, gross income or profits are committed to or derived from the activities. The fund concentrates its investments (invest at least 25% of its assets) in companies involved to a significant extent in the Utilities and/or Energy Industries.
Fees are Low compared to funds in the same category.
Reaves Utilities and Energy Infrastructure Fund has an expense ratio of 1.30 percent.
Risk is Above Average compared to funds in the same category according to Morningstar.