Larry Papasan - Reaves Utility Independent Trustee
| UTG Fund | USD 32.84 0.13 0.40% |
Mr. Larry W. Papasan is Independent Trustee of the Company. Mr. Papasan is currently a Trustee or Director of Mimedx, Inc. AxioMed Spine, BioMedical Tissues Technologies, Bionova, Inc., and MEDOVEX Corporationration, each a medical services company. Mr. Papasan is also currently a Trustee or Director of SSR Engineering and Triumph Bankshares, Inc. Mr. Papasan was a former Trustee of First Funds mutual fund complex from 1992 to 2005, Chairman and President of Smith Nephew, Inc. from 1991 to 2002 and President of Memphis Light Gas and Water Division during his 28 year tenure. Mr. Papasan has further enhanced his experience and skills, in conjunction with the other Trustees, through the Boards ongoing oversight of the Fund officers in dealing with a diverse range of topics, to include but not limited to, portfolio management, legal and regulatory matters, compliance oversight, preparation of financial statements and oversight of the Funds multiple service providers. Mr. Papasan has served as Trustee for the Fund since its inception. Mr. Papasan also serves as a member of the Audit Committee and the Nominating and Corporationrationrate Governance Committee.
| Age | 79 |
| Tenure | 21 years |
| Phone | 800-975-8395 |
| Web | https://www.utilityincomefund.com/ |
Reaves Utility Management Performance (%)
The company has Return on Asset of 1.06 % which means that on every $100 spent on assets, it made $1.06 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 2.52 %, implying that it generated $2.52 on every 100 dollars invested. Reaves Utility's management efficiency ratios could be used to measure how well Reaves Utility manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Showing other executives | One Year Return | ||
| Erik Brown | Pimco Corporate Income | 54 | |
| Lisa Phelan | Cohen Steers Total | 51 | |
| James Jacobson | Pimco Corporate Income | 75 | |
| Lucinda Stebbins | Tekla Healthcare Investors | 73 | |
| Dana Devivo | Cohen Steers Total | 39 | |
| Stacie Anctil | Pimco Corporate Income | 51 | |
| Christopher MBA | Tekla Healthcare Investors | N/A | |
| Ryan Leshaw | Pimco Corporate Income | 41 | |
| Michael Castellano | BlackRock Science Tech | 75 | |
| Amy Lee | Guggenheim Strategic Opportunit | 58 | |
| Mark Mathiasen | Guggenheim Strategic Opportunit | 41 | |
| Albert Laskaj | Cohen And Steers | 43 | |
| Henry Gabbay | BlackRock Science Tech | 72 | |
| James Jacobson | Pimco Corporate Income | 75 | |
| Michael Megaris | Guggenheim Strategic Opportunit | 35 | |
| Elizabeth Nabel | Tekla Healthcare Investors | 67 | |
| Janey Ahn | BlackRock Science Tech | 46 | |
| Lisa Phelan | Cohen Steers Reit | 51 | |
| Dr MS | Tekla Healthcare Investors | 72 | |
| Ronald Nyberg | Guggenheim Strategic Opportunit | 67 | |
| Bijal Parikh | Pimco Corporate Income | 43 | |
Management Performance
| Return On Equity | 2.52 | |||
| Return On Asset | 1.06 |
Reaves Utility If Leadership Team
Elected by the shareholders, the Reaves Utility's board of directors comprises two types of representatives: Reaves Utility inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reaves. The board's role is to monitor Reaves Utility's management team and ensure that shareholders' interests are well served. Reaves Utility's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reaves Utility's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Mary Anstine, Independent Trustee | ||
| Jill Kerschen, Treasurer | ||
| Jeremy May, Chairman of the Board of Trustee and Presidentident | ||
| Larry Papasan, Independent Trustee | ||
| Edgar Nordberg, Independent Director, Trustee | ||
| Michael Holland, Independent Trustee | ||
| Jeremy Deems, Independent Chairman of the Board of the Trustee | ||
| Karen Gilomen, Secretary | ||
| Bradley Swenson, President | ||
| Theodore Uhl, Chief Compliance Officer | ||
| Kelly McEwen, Treasurer |
Reaves Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Reaves Utility a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 2.52 | |||
| Return On Asset | 1.06 | |||
| Profit Margin | 81.10 % | |||
| Operating Margin | 65.72 % | |||
| Current Valuation | 2.46 B | |||
| Shares Outstanding | 68.53 M | |||
| Shares Owned By Institutions | 10.15 % | |||
| Number Of Shares Shorted | 20.74 K | |||
| Price To Earning | 34.98 X | |||
| Price To Book | 0.89 X |
Currently Active Assets on Macroaxis
Other Information on Investing in Reaves Fund
Reaves Utility financial ratios help investors to determine whether Reaves Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Reaves with respect to the benefits of owning Reaves Utility security.
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Technical Analysis Check basic technical indicators and analysis based on most latest market data | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges |