--- title: Reaves Asset Management Blog (14) description: Utility, energy & communication insights from four decades of intelligent investing (14) 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/2020.10%20Reaves%20Blog%2031%20Utility%20M%26A%20Outlook%20LinkedIn.jpg)](https://insights.reavesam.com/blog/utility-mergers-and-acquisitions-outlook-is-current-deal-activity-a-harbinger-of-more) [Utilities](https://insights.reavesam.com/blog/tag/utilities) ## [Utility M&A Outlook: Is Current Deal Activity a Harbinger of More?](https://insights.reavesam.com/blog/utility-mergers-and-acquisitions-outlook-is-current-deal-activity-a-harbinger-of-more) NextEra Energy’s recent pursuit to acquire Duke Energy – a combination that would create the nation’s largest utility company – and Avangrid’s potential purchase of PNM Resources... [Read More](https://insights.reavesam.com/blog/utility-mergers-and-acquisitions-outlook-is-current-deal-activity-a-harbinger-of-more) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.10-Reaves-Blog30-LinkedIn.png)](https://insights.reavesam.com/blog/reasons-to-consider-investing-in-infrastructure) [Infrastructure](https://insights.reavesam.com/blog/tag/infrastructure), [Defensive Investing](https://insights.reavesam.com/blog/tag/defensive-investing) ## [Reasons To Consider Investing in Infrastructure](https://insights.reavesam.com/blog/reasons-to-consider-investing-in-infrastructure) At Reaves Asset Management we believe our investment approach is differentiated by several elements, but one factor stands out: a narrow, steadfast focus on companies we believe... [Read More](https://insights.reavesam.com/blog/reasons-to-consider-investing-in-infrastructure) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.09%20Reaves%20Blog%2029%20LinkedIn.jpg)](https://insights.reavesam.com/blog/beyond-the-presidency-elections-utility-investors-should-watch) [Utilities](https://insights.reavesam.com/blog/tag/utilities) ## [Beyond the Presidency: Elections Utility Investors Should Watch](https://insights.reavesam.com/blog/beyond-the-presidency-elections-utility-investors-should-watch) As November draws near, investors are eyeing political races for insight into how election outcomes may impact stocks. For the utilities sector1, the stakes are high for many... [Read More](https://insights.reavesam.com/blog/beyond-the-presidency-elections-utility-investors-should-watch) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.09%20Reaves%20Blog%2028%20LinkedIn.jpg)](https://insights.reavesam.com/blog/eye-on-november-election-implications-for-utility-investors) [Utilities](https://insights.reavesam.com/blog/tag/utilities) ## [Eye on November: Election Implications for Utility Investors](https://insights.reavesam.com/blog/eye-on-november-election-implications-for-utility-investors) How will the presidential election affect stocks? It’s a question that investors will continually ponder between now and November. However, for the market segments Reaves covers,... [Read More](https://insights.reavesam.com/blog/eye-on-november-election-implications-for-utility-investors) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.09%20Reaves%20Blog%2027%20LinkedIn.jpg)](https://insights.reavesam.com/blog/what-does-lower-for-longer-mean-for-equity-fixed-income-allocations) [Defensive Investing](https://insights.reavesam.com/blog/tag/defensive-investing) ## [What Does “Lower-for-Longer” Mean for Equity, Fixed Income Allocations?](https://insights.reavesam.com/blog/what-does-lower-for-longer-mean-for-equity-fixed-income-allocations) A shift in Fed1 policy means the era of ultra-low interest rates is poised to last even longer. While that is likely supportive of equity markets, it begs a question of fixed... [Read More](https://insights.reavesam.com/blog/what-does-lower-for-longer-mean-for-equity-fixed-income-allocations) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.09%20Reaves%20Blog%2026%20LinkedIn.jpg)](https://insights.reavesam.com/blog/not-all-utilities-are-created-equal) [Utilities](https://insights.reavesam.com/blog/tag/utilities) ## [Not All Utilities Are Created Equal](https://insights.reavesam.com/blog/not-all-utilities-are-created-equal) Utilities have traditionally been viewed by investors as ideal widow-and-orphan stocks, valued for having attractive dividend yields and lower risk. However, the sector has much... [Read More](https://insights.reavesam.com/blog/not-all-utilities-are-created-equal) ### 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/13) [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) [16](https://insights.reavesam.com/blog/page/16) [Next](https://insights.reavesam.com/blog/page/15)     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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