Michael Holland - Reaves Utility Independent Trustee
| UTG Fund | USD 34.87 0.12 0.34% |
Mr. Michael F. Holland is Independent Trustee of the Company. Mr. Holland also currently serves as Chairman and Trustee of the State Street Master Funds, Director of the Holland Series Funds, Inc., and as Trustee of the BlackstoneGSO Senior Floating Rate Term Fund, the China Fund, Inc., and the Taiwan Fund, Inc. Mr. Holland began his career at J.P. Morgan in 1968 spending twelve years managing both equity and fixed income assets for major institutional clients and high net worth individuals. He also served as Chief Executive Officer of First Boston Asset Management in the early 1980 and later served as Chairman of Salomon Brothers Asset Management. He has also been a General Partner of the Blackstone Group, Chief Executive Officer of Blackstone Alternative Asset Management and a former Vice Chairman of Oppenheimer Co., Inc. Mr. Holland has served as Trustee for the Fund since its inception. Mr. Holland also serves as a member of the Audit Committee and Nominating and Corporationrationrate Governance Committee. Mr. Holland has further enhanced his experience and skills, in conjunction with the other Trustees, through the Boards 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.
| Age | 75 |
| Tenure | 20 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 | ||
| William Ogden | Pimco Corporate Income | 75 | |
| Dana Devivo | Cohen Steers Total | 39 | |
| Lucinda Stebbins | Tekla Healthcare Investors | 73 | |
| Erik Brown | Pimco Corporate Income | 54 | |
| Michael Megaris | Guggenheim Strategic Opportunit | 35 | |
| Bradford Gallagher | Pimco Corporate Income | 75 | |
| James Howley | Guggenheim Strategic Opportunit | 47 | |
| Roman Friedrich | Guggenheim Strategic Opportunit | 73 | |
| Thomas Kent | Tekla Healthcare Investors | 67 | |
| Lisa Phelan | Cohen Steers Reit | 51 | |
| Amy Lee | Guggenheim Strategic Opportunit | 58 | |
| Kimberly Scott | Guggenheim Strategic Opportunit | 45 | |
| James Jacobson | Pimco Corporate Income | 75 | |
| Donald Chubb | Guggenheim Strategic Opportunit | 73 | |
| Alan Rappaport | Pimco Corporate Income | 68 | |
| Dr MS | Tekla Healthcare Investors | 71 | |
| Elizabeth Nabel | Tekla Healthcare Investors | 67 | |
| Albert Laskaj | Cohen And Steers | 43 | |
| John Maney | Pimco Corporate Income | 62 | |
| James Jacobson | Pimco Corporate Income | 75 | |
| Alan Rappaport | Pimco Corporate Income | 68 | |
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.
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