| Nov 30, 2025 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +49.81 | $38.53 | +$1,919.18 | 13,733.92 | Direct | |
| Nov 30, 2025 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +22.61 | $38.53 | +$871.16 | 13,756.52 | Direct | |
| Dec 31, 2025 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +51.13 | $37.17 | +$1,900.5 | 13,807.65 | Direct | |
| Dec 31, 2025 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +23.21 | $37.17 | +$862.72 | 13,830.86 | Direct | |
| Jan 31, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +49.97 | $38.20 | +$1,908.85 | 13,880.83 | Direct | |
| Jan 31, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +22.68 | $38.20 | +$866.38 | 13,903.52 | Direct | |
| Feb 28, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +45.86 | $41.80 | +$1,916.95 | 13,949.38 | Direct | |
| Feb 28, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +20.82 | $41.80 | +$870.28 | 13,970.19 | Direct | |
| Mar 31, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +48.73 | $39.28 | +$1,914.11 | 14,018.92 | Direct | |
| Mar 31, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +22.12 | $39.28 | +$868.87 | 14,041.04 | Direct | |
| Apr 30, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +45.9 | $42.94 | +$1,970.95 | 14,086.94 | Direct | |
| Apr 30, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +20.83 | $42.94 | +$894.44 | 14,107.77 | Direct | |
| May 31, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +45.39 | $42.45 | +$1,926.81 | 14,153.16 | Direct | |
| May 31, 2026 | Reaves Utility Income Fund | JOtherAny other acquisition or disposition that does not fit the codes above. The filer has to explain it in a footnote, so check the original SEC filing to see what happened. Common examples are transfers between the insider's own accounts or trusts, and a fund distributing shares to its partners.Acquired | +20.61 | $42.45 | +$874.89 | 14,173.77 | Direct | |
| Jun 26, 2026 | Reaves Utility Income Fund | PPurchaseThe insider bought shares with their own money, on the open market or in a private deal (for example, a company's private placement). This is the code investors watch most closely: it is money the insider chose to put in.Acquired | +500 | $41.20 | +$20,600 | 14,673.77 | Direct | |
