Reaves Utility Income Fund (UTG)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Morgan Stanley	877,082	$27,794,744	0%
2.	Bank Of America Corp	826,880	$26,203,828	0%
3.	Wells Fargo & Company	598,402	$18,963,371	0%
4.	Lpl Financial Llc	585,115	$18,542,304	0%
5.	Royal Bank Of Canada	490,955	$15,558,000	0%