HARMKE THOMAS W (Officer of Investment Adviser) sold 262.67 shares of REAVES UTILITY INCOME FUND on the open market

Open‑market sale worth $8.9K. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

HARMKE THOMAS W

Filed: 11/5/2021ACC: 0001810401-21-000001

InsiderHARMKE THOMAS WCIK 1810401

→

IssuerREAVES UTILITY INCOME FUNDCIK 1263994

Officer· Officer of Investment Adviser

Since Apr 2020

-238.00

Net shares

Net seller

$8.9K

Total sold

Open market trades

0B · 1S

Total transactions

24.67 acquired · 262.67 disposed

Non-Derivative Transactions19

Reaves Utility Income Fund

Direct

J · J

+1.28

Price / share

$33.54

Trade value

$42.83

% of position

0.5%

5/29/2020

238.00→239.28

Reaves Utility Income Fund

Direct

J · J

+1.42

Price / share

$30.28

Trade value

$43.06

% of position

0.6%

6/30/2020

239.28→240.70

Reaves Utility Income Fund

Direct

J · J

+1.35

Price / share

$32.08

Trade value

$43.34

% of position

0.6%

7/31/2020

240.70→242.05

Reaves Utility Income Fund

Direct

J · J

+1.36

Price / share

$31.95

Trade value

$43.58

% of position

0.6%

8/31/2020

242.05→243.41

Reaves Utility Income Fund

Direct

J · J

+1.39

Price / share

$31.05

Trade value

$43.20

% of position

0.6%

9/30/2020

243.41→244.81

Reaves Utility Income Fund

Direct

J · J

+1.38

Price / share

$31.94

Trade value

$43.95

% of position

0.6%

10/30/2020

244.80→246.18

Reaves Utility Income Fund

Direct

J · J

+1.34

Price / share

$33.73

Trade value

$45.33

% of position

0.5%

11/30/2020

246.18→247.52

Reaves Utility Income Fund

Direct

J · J

+1.36

Price / share

$32.97

Trade value

$44.90

% of position

0.6%

12/31/2020

247.52→248.88

Reaves Utility Income Fund

Direct

J · J

+1.37

Price / share

$32.54

Trade value

$44.61

% of position

0.6%

1/19/2021

248.88→250.26

Reaves Utility Income Fund

Direct

J · J

+1.40

Price / share

$31.68

Trade value

$44.26

% of position

0.6%

2/26/2021

250.25→251.65

Reaves Utility Income Fund

Direct

J · J

+1.36

Price / share

$33.40

Trade value

$45.58

% of position

0.5%

3/31/2021

251.65→253.02

Reaves Utility Income Fund

Direct

J · J

+1.32

Price / share

$34.50

Trade value

$45.54

% of position

0.5%

4/30/2021

253.02→254.34

Reaves Utility Income Fund

Direct

J · J

+1.31

Price / share

$34.96

Trade value

$45.77

% of position

0.5%

5/28/2021

254.34→255.65

Reaves Utility Income Fund

Direct

J · J

+1.33

Price / share

$34.68

Trade value

$46.02

% of position

0.5%

6/30/2021

255.65→256.97

Reaves Utility Income Fund

Direct

J · J

+1.38

Price / share

$35.39

Trade value

$48.83

% of position

0.5%

7/30/2021

256.97→258.35

Reaves Utility Income Fund

Direct

J · J

+1.37

Price / share

$35.93

Trade value

$49.08

% of position

0.5%

8/31/2021

258.35→259.72

Reaves Utility Income Fund

Direct

J · J

+1.49

Price / share

$33.03

Trade value

$49.35

% of position

0.6%

9/30/2021

259.72→261.21

Reaves Utility Income Fund

Direct

J · J

+1.46

Price / share

$34.08

Trade value

$49.62

% of position

0.6%

10/29/2021

261.21→262.67

Reaves Utility Income Fund

Direct

S · Sale

−262.67

Price / share

$34.01

Trade value

$8.93K

% of position

New position

11/3/2021

262.67→0.00

Total

Net shares

−238.00

Net value

-$8.11K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Reaves Utility Income Fund Direct	5/29/2020	J · J	+1.28	$33.54	$42.83	0.5%	238.00	239.28
Reaves Utility Income Fund Direct	6/30/2020	J · J	+1.42	$30.28	$43.06	0.6%	239.28	240.70
Reaves Utility Income Fund Direct	7/31/2020	J · J	+1.35	$32.08	$43.34	0.6%	240.70	242.05
Reaves Utility Income Fund Direct	8/31/2020	J · J	+1.36	$31.95	$43.58	0.6%	242.05	243.41
Reaves Utility Income Fund Direct	9/30/2020	J · J	+1.39	$31.05	$43.20	0.6%	243.41	244.81
Reaves Utility Income Fund Direct	10/30/2020	J · J	+1.38	$31.94	$43.95	0.6%	244.80	246.18
Reaves Utility Income Fund Direct	11/30/2020	J · J	+1.34	$33.73	$45.33	0.5%	246.18	247.52
Reaves Utility Income Fund Direct	12/31/2020	J · J	+1.36	$32.97	$44.90	0.6%	247.52	248.88
Reaves Utility Income Fund Direct	1/19/2021	J · J	+1.37	$32.54	$44.61	0.6%	248.88	250.26
Reaves Utility Income Fund Direct	2/26/2021	J · J	+1.40	$31.68	$44.26	0.6%	250.25	251.65
Reaves Utility Income Fund Direct	3/31/2021	J · J	+1.36	$33.40	$45.58	0.5%	251.65	253.02
Reaves Utility Income Fund Direct	4/30/2021	J · J	+1.32	$34.50	$45.54	0.5%	253.02	254.34
Reaves Utility Income Fund Direct	5/28/2021	J · J	+1.31	$34.96	$45.77	0.5%	254.34	255.65
Reaves Utility Income Fund Direct	6/30/2021	J · J	+1.33	$34.68	$46.02	0.5%	255.65	256.97
Reaves Utility Income Fund Direct	7/30/2021	J · J	+1.38	$35.39	$48.83	0.5%	256.97	258.35
Reaves Utility Income Fund Direct	8/31/2021	J · J	+1.37	$35.93	$49.08	0.5%	258.35	259.72
Reaves Utility Income Fund Direct	9/30/2021	J · J	+1.49	$33.03	$49.35	0.6%	259.72	261.21
Reaves Utility Income Fund Direct	10/29/2021	J · J	+1.46	$34.08	$49.62	0.6%	261.21	262.67
Reaves Utility Income Fund Direct	11/3/2021	S · Sale	−262.67	$34.01	$8.93K	New position	262.67	0.00
Total			−238.00		-$8.11K

Derivative Transactions0

No derivative transactions reported