Reaves Utility Income Fund (UTG)

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Institutional Investors' Holdings

Filing Period: Filing is Ongoing

No.	Name	Shares	Value	% Port
1.	Lpl Financial Llc	599,201	$19,498,011	0.01%
2.	Cornerstone Advisors, Llc	406,546	$13,229,007	0.57%
3.	Oak Family Advisors, Llc	267,887	$8,717,043	2.94%
4.	Magnus Financial Group Llc	187,075	$6,087,414	0.59%
5.	Sterling Investment Advisors, Ltd.	185,181	$6,025,799	1.45%