Key stats
About Virtus Reaves Utilities ETF
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Inception date
Sep 23, 2015
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Virtus Advisers LLC
Distributor
VP Distributors LLC
UTES offers active exposure to utility stocks. Active exposure is rare among sector funds, especially with respect to utilities. The managers use fundamental, growth, and risk-based metrics looking to outperform the broader sector from a total return perspective. Examples of the metrics include capital structure, historical earnings growth and share price volatility. Dividends are a factor too, but the fund does not appear to be yield-focused despite its dividend-heavy sector. Reaves Asset Management manages the portfolio day to day in addition to this ETF, the firm runs utilities-oriented mutual funds and SMAs.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Utilities
Stocks99.69%
Utilities99.69%
Bonds, Cash & Other0.31%
Cash0.31%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
UTES top holdings are Vistra Corp. and Talen Energy Corp, occupying 14.12% and 11.84% of the portfolio correspondingly.
UTES last dividends amounted to 0.24 USD. The quarter before, the issuer paid 0.26 USD in dividends, which shows a 8.33% decrease.
UTES assets under management is 747.70 M USD. It's risen 32.27% over the last month.
UTES fund flows account for 492.61 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, UTES pays dividends to its holders with the dividend yield of 1.15%. The last dividend (Jun 27, 2025) amounted to 0.24 USD. The dividends are paid quarterly.
UTES shares are issued by Virtus Investment Partners, Inc. under the brand Virtus. The ETF was launched on Sep 23, 2015, and its management style is Active.
UTES expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
UTES follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
UTES invests in stocks.
UTES price has risen by 10.32% over the last month, and its yearly performance shows a 51.12% increase. See more dynamics on UTES price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.97% over the last month, showed a 20.03% increase in three-month performance and has increased by 53.53% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 9.97% over the last month, showed a 20.03% increase in three-month performance and has increased by 53.53% in a year.
UTES trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.