Reaves Utility Income Fund Files Definitive Proxy Statement

TL;DR

REAVES UTILITY INCOME FUND filed its DEF 14A proxy statement. Shareholders vote soon.

AI Summary

Reaves Utility Income Fund filed a Definitive Proxy Statement (DEF 14A) on February 14, 2025, for the period ending April 2, 2025. The filing concerns the company's annual meeting and related proxy materials. The company's fiscal year ends on October 31st, and its principal executive offices are located at 1700 Broadway, Suite 1850, Denver, CO 80290.

Why It Matters

This filing is crucial for shareholders as it outlines the agenda and proposals for the company's annual meeting, influencing corporate governance and potential shareholder decisions.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing for a proxy statement, which is standard corporate procedure and does not inherently indicate elevated risk.

Key Numbers

• 20250214 — Filing Date (The date the Definitive Proxy Statement was filed with the SEC.)
• 20250402 — Period of Report (The period for which the proxy statement is relevant.)
• 1031 — Fiscal Year End (Indicates the end of the company's fiscal year.)

Key Players & Entities

• REAVES UTILITY INCOME FUND (company) — Registrant
• 1700 BROADWAY SUITE 1850 DENVER CO 80290 (company) — Business Address
• 0001263994 (company) — Central Index Key

FAQ

Key Financial Figures

• $10,001 — -Interested Trustees Mary K. Anstine $10,001-$50,000 Jeremy W. Deems None Micha
• $50,000 — ted Trustees Mary K. Anstine $10,001-$50,000 Jeremy W. Deems None Michael F. Ho
• $100,001 — d $10,001-$50,000 E. Wayne Nordberg $100,001-$500,000 JoEllen L. Legg $100,001-$5
• $500,000 — 1-$50,000 E. Wayne Nordberg $100,001-$500,000 JoEllen L. Legg $100,001-$500,000

Filing Documents

• utg-def14a_040225.htm (DEF 14A) — 150KB
• utgdef14a001.jpg (GRAPHIC) — 19KB
• utgdef14a002.jpg (GRAPHIC) — 2KB
• utgdef14a003.jpg (GRAPHIC) — 2KB
• utgdef14a004.jpg (GRAPHIC) — 2KB
• 0001839882-25-009264.txt ( ) — 186KB

From the Filing

DEF 14A 1 utg-def14a_040225.htm DEFINITIVE PROXY STATEMENT UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14A INFORMATION Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No. ) Filed by the Registrant Filed by a Party other than the Registrant Check the appropriate box: Preliminary Proxy Statement Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) Definitive Proxy Statement Definitive Additional Materials Soliciting Material Pursuant to § 240.14a-12 REAVES UTILITY INCOME FUND (Name of Registrant as Specified in its Charter) (Name of Person(s) Filing Proxy Statement if other than the Registrant) Payment of Filing Fee (Check appropriate box): No fee required Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11. (1) Title of Each class of securities to which transaction applies: (2) Aggregate number of securities to which transaction applies: (3) Per unit price or other underlying value of transaction computed pursuant to Exchange Act Rule 0-11 (Set forth the amount on which the filing fee is calculated and state how it was determined): (4) Proposed maximum aggregate value of transaction: REAVES UTILITY INCOME FUND 1700 Broadway, Suite 1850 Denver, CO 80290 (800) 644-5571 NOTICE OF ANNUAL MEETING OF SHAREHOLDERS TO BE HELD ON APRIL 2, 2025 To the Shareholders of Reaves Utility Income Fund: Notice is hereby given that the Annual Meeting of Shareholders (the “Meeting”) of the Reaves Utility Income Fund (the “Fund”) will be held via virtual format by conference call, on April 2, 2025 at 10:00 a.m. (Mountain Time), for the following purposes: 1. To elect two (2) Trustees of the Fund, to be elected by the holders of the Fund’s Shares (“Shares”) (PROPOSAL 1); and 2. To consider and vote upon such other matters, including adjournments, as may properly come before the Meeting or any adjournments thereof. These items are discussed in greater detail in the attached Proxy Statement. The close of business on January 30, 2025, has been fixed as the record date for the determination of shareholders entitled to notice of and to vote at the Meeting and any adjournments thereof. YOUR VOTE IS IMPORTANT REGARDLESS OF THE SIZE OF YOUR HOLDINGS IN THE FUND. WHETHER OR NOT YOU PLAN TO ATTEND THE MEETING, WE ASK THAT YOU PLEASE EITHER VOTE VIA THE INTERNET OR COMPLETE AND SIGN THE ENCLOSED PROXY CARD AND RETURN IT PROMPTLY IN THE ENCLOSED ENVELOPE, WHICH NEEDS NO POSTAGE IF MAILED IN THE UNITED STATES. By Order of the Board of Trustees Joseph Rhame III President February 14, 2025 REAVES UTILITY INCOME FUND ANNUAL MEETING OF SHAREHOLDERS APRIL 2, 2025 PROXY STATEMENT This Proxy Statement is furnished in connection with the solicitation of proxies by the Board of Trustees (the “Board”) of the Reaves Utility Income Fund (the “Fund”) for use at the Annual Meeting of Shareholders of the Fund to be held via virtual format by conference call on April 2, 2025 at 10:00 a.m. (Mountain Time) and at any adjournments thereof (the “Meeting”). Shareholders who plan to attend the Meeting virtually and vote should call 800-644-5571 or visit the Fund’s website, at www.utilityincomefund.com , to obtain directions. To participate in the Meeting, you will need to send an email to shareholdermeetings@computershare.com no later than March 28, 2025 at 5:00 p.m. EST, which includes your full name and address. You will then receive an email back from Computershare Fund Services (“Computershare”) containing the dial–in information and instructions for participating in the Meeting. If you hold your shares through an intermediary, such as a bank or broker, you must register in advance to participate in the Meeting. To register, you must submit proof of your proxy power (legal proxy) reflecting your Fund holdings, along with your name and email address to Computershare. You may forward an email from your intermediary or attach an image of your legal proxy to shareholdermeetings@computershare.com. Requests for registration must be received no later than 5:00 p.m. EST, on March 28, 2025. You will then receive an email back from Computershare containing the conference call dial-in information and instructions for participating in the Meeting. Other Methods of Proxy Solicitation In addition to the solicitation of proxies by mail, officers of the Fund and employees of Paralel Technologies LLC (“PTL”) (the Fund’s administrator) or other representatives of the Fund also may solicit proxies by telephone or Internet. The expenses incurred in connection with preparing the Proxy Statement and its enclosures will be paid by PTL. PTL will also reimburse brokerage firms and others for their expenses in forwarding solicitation materials to the beneficial ow

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