Armchair Insider
UTG Reaves Utility Income Fund
Switched to UTF for relative value after UTG appreciation reduced its yield.
Armchair historySoldOct 19, 2025
Date of the newsletter disclosure. Latest-year investment returns are separate from Armchair’s own trading results.
Hypothetical investment
Growth of $10,000
Dividends reinvested · no additional contributions
UTG would be worth$15,2545-year growth · as of Sep 21, 2026
S&P 500 (SPY)$19,072Same $10,000 · same dates
Total gain / loss+$5,254+52.5% total return
UTGS&P 500 (SPY)
Sep 21, 2021 · $10,000 investedSep 21, 2026
Based on adjusted market prices through the latest available completed session, before personal taxes and trading costs.
Checking the latest completed session…
Market performance
Total return
Price movement plus reinvested distributions, compared with SPY.
+52.5% over 5 years
1 YEAR TOTAL RETURN-0.7%Available history
Price-6.6%
Dividend+5.9%
Net loss; shares not shown.
5 YEARS TOTAL RETURN+52.5%+8.8% / yr annualizedAvailable history
Price12% of return+6.1%
Dividend88% of return+46.4%
Dividend includes all distributions and reinvestment.
Sep 21, 2021Sep 21, 2026
Total return+52.54%
S&P 500 (SPY)+90.72%
Annualized return+8.81%
Largest drawdown-26.54%
Original Armchair disclosure
Sold · Oct 19, 2025. Switched to UTF for relative value after UTG appreciation reduced its yield.
Read the newsletter