The fund invests not less than 80% of its net assets (plus the amount of any borrowings for investment purposes) in equity securities of companies in the Utility Sector (Utility Sector Companies). The manager considers a company to be a Utility Sector Company if at least 50% of the company's assets or customers are committed to, or at least 50% of the company's revenues, gross income or profits derive from, the provision of products, services or equipment for the generation or distribution of electricity, gas or water. The fund is non-diversified.
Frequently asked questions
What is the Virtus Reaves Utilities ETF (UTES) expense ratio?
The Virtus Reaves Utilities ETF funds expense ratio is 0.49%.
What is Virtus Reaves Utilities ETF (UTES) current stock price?
As of the latest data, Virtus Reaves Utilities ETF stock price is $77.59, with a previous close of $77.62. Virtus Reaves Utilities ETF lost -$0.03 in the last trading session, representing a -0.04% loss.
Does Virtus Reaves Utilities ETF (UTES) pay dividends?
Yes. Virtus Reaves Utilities ETF pays quarterly dividends with an annualized yield of 1.53% and an estimated annual payout of $1.19 per share.
