UTG: Opportunity Coming As Pessimism Peaks On Rate Hike Fears (NYSE:UTG)
· seekingalpha.com
Reaves Utility Income Fund remains under pressure from rising rates, increased funding costs, and execution risks. Read more on UTG CEF here.
Income investors will have much fodder to chew on later this afternoon as Fed Chair Kevin Warsh delivers the FOMC decision on interest rates, which, by and larg...