--- title: Reaves Asset Management Blog (13) description: Utility, energy & communication insights from four decades of intelligent investing (13) image: https://insights.reavesam.com/hubfs/Content%20Offers/Subscribe%20to%20Insights/2020.01-Reaves-Subscribe.linkedin.png --- [![Reaves Asset Management](https://insights.reavesam.com/hs-fs/hubfs/raw_assets/public/ReavesAssetManagement_May2023/images/header_logo.png?width=270&height=135&name=header_logo.png "Reaves Asset Management")](https://reavesam.com/) [![Reaves Asset Management](https://insights.reavesam.com/hs-fs/hubfs/raw_assets/public/ReavesAssetManagement_May2023/images/Reaves_Asset_Management_Logo_mobile.png?width=1000&height=135&name=Reaves_Asset_Management_Logo_mobile.png "Reaves Asset Management")](https://reavesam.com/) - About Us - [About Reaves](https://reavesam.com/about-us/) - [Philosophy and Process](https://reavesam.com/philosophy-and-process/) - [Our Team](https://reavesam.com/our-team/) - Portfolios - [Reaves Utility Income Fund](https://reavesam.com/our_services/reaves-utility-income-fund/) - [Reaves Infrastructure Fund](https://reavesam.com/our_services/reaves-infrastructure-fund/) - [Virtus Reaves Utilities ETF](https://reavesam.com/our_services/reaves-utilities-etf/) - Separately Managed Accounts - [Reaves Long Term Value Strategy](https://reavesam.com/our_services/reaves-long-term-value-strategy/) - [Reaves Dividend Income Strategy](https://reavesam.com/our_services/reaves-dividend-income-strategy/) - Resources - [Content Library](https://reavesam.com/library/) - [Blog](https://insights.reavesam.com/blog) - [Contact](https://reavesam.com/contact-us/) - [Form CRS](https://reavesam.com/wp-content/uploads/2022/02/Reaves-Asset-Management-Form-CRS-123121.pdf) [![Reaves Asset Management](https://insights.reavesam.com/hs-fs/hubfs/raw_assets/public/ReavesAssetManagement_May2023/images/UTG_Logo_White_Rust1200px.png?width=900&height=835&name=UTG_Logo_White_Rust1200px.png "Reaves Asset Management")](https://utilityincomefund.com/) [![Reaves Asset Management](https://insights.reavesam.com/hs-fs/hubfs/raw_assets/public/ReavesAssetManagement_May2023/images/UTG_Logo_Color1200px_two.png?width=900&height=835&name=UTG_Logo_Color1200px_two.png "Reaves Asset Management")](https://utilityincomefund.com/) [UTG website](https://utilityincomefund.com/) [![Reaves Asset Management](https://insights.reavesam.com/hs-fs/hubfs/raw_assets/public/ReavesAssetManagement_May2023/images/Reaves_Asset_Management_Logo_mobile.png?width=1000&height=135&name=Reaves_Asset_Management_Logo_mobile.png "Reaves Asset Management")](https://reavesam.com/) [![Reaves Asset Management](https://insights.reavesam.com/hs-fs/hubfs/raw_assets/public/ReavesAssetManagement_May2023/images/UTG_Logo_Color1200px_mobile.png?width=100&height=135&name=UTG_Logo_Color1200px_mobile.png "Reaves Asset Management")](https://utilityincomefund.com/) - About Us - [About Reaves](https://reavesam.com/about-us/) - [Philosophy and Process](https://reavesam.com/philosophy-and-process/) - [Our Team](https://reavesam.com/our-team/) - Portfolios - [Reaves Utility Income Fund](https://reavesam.com/our_services/reaves-utility-income-fund/) - [Reaves Infrastructure Fund](https://reavesam.com/our_services/reaves-infrastructure-fund/) - [Virtus Reaves Utilities ETF](https://reavesam.com/our_services/reaves-utilities-etf/) - Separately Managed Accounts - [Reaves Long Term Value Strategy](https://reavesam.com/our_services/reaves-long-term-value-strategy/) - [Reaves Dividend Income Strategy](https://reavesam.com/our_services/reaves-dividend-income-strategy/) - Resources - [Content Library](https://reavesam.com/library/) - [Blog](https://insights.reavesam.com/blog) - [Contact](https://reavesam.com/contact-us/) - [Form CRS](https://reavesam.com/wp-content/uploads/2022/02/Reaves-Asset-Management-Form-CRS-123121.pdf) ![Reaves-Asset-Managment-Utilities-EFTs](https://insights.reavesam.com/hubfs/ReavesAssetManagement_May2023/Image/Reaves-Asset-Managment-Utilities-EFTs.jpg) ## Insights [The Opportunity In Utilities](https://info.reavesam.com/the-opportunities-in-utilities) ## Insights ## Utility, energy & communication insights from four decades of intelligent investing [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2021.01%20Reaves%20Blog%2037%20LinkedIn.png)](https://insights.reavesam.com/blog/are-you-thinking-about-the-defensiveness-of-your-equity-allocation) [Defensive Investing](https://insights.reavesam.com/blog/tag/defensive-investing) ## [Are You Thinking About the Defensiveness of Your Equity Allocation?](https://insights.reavesam.com/blog/are-you-thinking-about-the-defensiveness-of-your-equity-allocation) As 2021 kicks off, the traditional stock-and-bond portfolio faces unique challenges: Ultra-low yields in bond markets and an equity market that hovers near record highs despite... [Read More](https://insights.reavesam.com/blog/are-you-thinking-about-the-defensiveness-of-your-equity-allocation) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.12%20Reaves%20Top%203%20Blog%20Posts%20LinkedIn.png)](https://insights.reavesam.com/blog/top-3-most-read-blog-posts-of-2020) ## [Top 3 Most-Read Blog Posts of 2020](https://insights.reavesam.com/blog/top-3-most-read-blog-posts-of-2020) The pursuit for downside protection in equity markets … the hunt for any meaningful income in a low-yield world … the search for a pocket of the market that may provide that rare... [Read More](https://insights.reavesam.com/blog/top-3-most-read-blog-posts-of-2020) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.12%20Reaves%20Blog%2035%20ECommerce%20LinkedIn-1.png)](https://insights.reavesam.com/blog/beyond-proceed-to-check-out-the-infrastructure-behind-e-commerce) [Communication Infrastructure](https://insights.reavesam.com/blog/tag/communication-infrastructure) ## [Beyond “Proceed to Check-Out”: The Infrastructure Behind E-Commerce](https://insights.reavesam.com/blog/beyond-proceed-to-check-out-the-infrastructure-behind-e-commerce) As many Americans log on rather than head to the mall to handle their annual holiday shopping, the growth of consumers utilizing online merchants should be of little surprise to... [Read More](https://insights.reavesam.com/blog/beyond-proceed-to-check-out-the-infrastructure-behind-e-commerce) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.20%20Reaves%20Blog%2034%20LinkedIn.png)](https://insights.reavesam.com/blog/what-does-increasing-electric-vehicle-adoption-mean-for-utilities) [Utilities](https://insights.reavesam.com/blog/tag/utilities), [Renewables & Clean Energy Transition](https://insights.reavesam.com/blog/tag/renewables-clean-energy-transition) ## [What Does Increasing Electric Vehicle Adoption Mean for Utilities?](https://insights.reavesam.com/blog/what-does-increasing-electric-vehicle-adoption-mean-for-utilities) When it comes to investing in the trend of electric vehicle (EV) adoption, there are plenty of winners and losers that still need to shake out. The optimal engine designers,... [Read More](https://insights.reavesam.com/blog/what-does-increasing-electric-vehicle-adoption-mean-for-utilities) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.11%20Reaves%20Blog%2033%20Chart%20Site%20Graphic%20720x675.jpg)](https://insights.reavesam.com/blog/for-railroad-stocks-a-picture-is-worth-a-thousand-words) [Industrial Infrastructure](https://insights.reavesam.com/blog/tag/industrial-infrastructure) ## [For Railroad Stocks: A Picture is Worth a Thousand Words](https://insights.reavesam.com/blog/for-railroad-stocks-a-picture-is-worth-a-thousand-words) Sometimes an investment thesis is best told through a picture. The chart below illustrates the steadily improving profitability of the seven largest North American railroads. As... [Read More](https://insights.reavesam.com/blog/for-railroad-stocks-a-picture-is-worth-a-thousand-words) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.10%20Reaves%20Blog%2032%20LinkedIn.jpg)](https://insights.reavesam.com/blog/why-utility-stocks-may-be-well-positioned-to-absorb-a-tax-hike) [Utilities](https://insights.reavesam.com/blog/tag/utilities) ## [Why Utility Stocks May Be Well Positioned to Absorb a Tax Hike](https://insights.reavesam.com/blog/why-utility-stocks-may-be-well-positioned-to-absorb-a-tax-hike) One of the major talking points between presidential candidates and political pundits this election cycle has been the potential for a corporate tax hike under a Biden presidency.... [Read More](https://insights.reavesam.com/blog/why-utility-stocks-may-be-well-positioned-to-absorb-a-tax-hike) ### Topics - [About Reaves (2)](https://insights.reavesam.com/blog/tag/about-reaves) - [Closed End Funds (3)](https://insights.reavesam.com/blog/tag/closed-end-funds) - [Communication Infrastructure (9)](https://insights.reavesam.com/blog/tag/communication-infrastructure) - [Defensive Investing (33)](https://insights.reavesam.com/blog/tag/defensive-investing) - [Dividend Growth (19)](https://insights.reavesam.com/blog/tag/dividend-growth) - [Equities (3)](https://insights.reavesam.com/blog/tag/equities) - [ETF (1)](https://insights.reavesam.com/blog/tag/etf) - [Income (13)](https://insights.reavesam.com/blog/tag/income) - [Income Investing (3)](https://insights.reavesam.com/blog/tag/income-investing) - [Industrial Infrastructure (5)](https://insights.reavesam.com/blog/tag/industrial-infrastructure) - [Infrastructure (35)](https://insights.reavesam.com/blog/tag/infrastructure) - [Quarterly Update (15)](https://insights.reavesam.com/blog/tag/quarterly-update) - [Renewables & Clean Energy Transition (15)](https://insights.reavesam.com/blog/tag/renewables-clean-energy-transition) - [Retirement (2)](https://insights.reavesam.com/blog/tag/retirement) - [Retirement Income (2)](https://insights.reavesam.com/blog/tag/retirement-income) - [Utilities (39)](https://insights.reavesam.com/blog/tag/utilities) see all topics ### Top Posts ### Utilities & Infrastructure Insights from 40+ Years of Experience [Prev](https://insights.reavesam.com/blog/page/12) [11](https://insights.reavesam.com/blog/page/11) [12](https://insights.reavesam.com/blog/page/12) [13](https://insights.reavesam.com/blog/page/13) [14](https://insights.reavesam.com/blog/page/14) [15](https://insights.reavesam.com/blog/page/15) [Next](https://insights.reavesam.com/blog/page/14)     Reaves Asset Management is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration does not imply any skill or training. Reaves is a privately held, independently-owned “S” corporation organized under the laws of the State of Delaware. The information provided in this blog does not constitute, and should not be construed as, investment advice or recommendations with respect to the securities and sectors listed. Investors should consider the investment objective, risks, charges and expenses of all investments carefully before investing. Any projections, outlooks or estimates contained herein are forward looking statements based upon specific assumptions and should not be construed as indicative of any actual events that have occurred or may occur. Past performance is no guarantee of future results. All investments involve risk, including loss of principal. All data is presented in U.S. dollars. Important Tax Information:  Reaves Asset Management and its employees are not in the business of providing tax or legal advice to taxpayers. 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