Reaves W H & Co Inc released its third-quarter 2026 investor letter for “Reaves Dividend Income Strategy”. The strategy fell 9.98% (net) in the quarter, underperforming the MSCI USA Infrastructure benchmark’s 5.73% decline. Year-to-date net returns were 2.48%, ahead of the benchmark. Portfolio companies’ cash distributions grew 5.0% over the past 12 months. In the third quarter, rising Treasury yields, inflation risks, and tighter monetary policy weighed on equity markets, though...
Reaves Dividend Income Strategy’s Q3 2026 Investor Letter
