Reaves Utility Income Fund (UTG)

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Institutional Investors' Holdings

Filing Period:

No.	Name	Shares	Value	% Port
1.	Morgan Stanley	960,439	$31,252,710	0%
2.	Bank Of America Corp	933,787	$30,385,432	0%
3.	Wells Fargo & Company	624,632	$20,325,535	0%
4.	Lpl Financial Llc	599,201	$19,498,011	0.01%
5.	Royal Bank Of Canada	501,145	$16,307,000	0%