--- title: Reaves Asset Management Blog (15) description: Utility, energy & communication insights from four decades of intelligent investing (15) 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/2020.09%20Reaves%20Blog%2025%20Dividend%20Growth%20LinkedIn.jpg)](https://insights.reavesam.com/blog/dividend-growth-in-this-environment-speaks-volumes) [Infrastructure](https://insights.reavesam.com/blog/tag/infrastructure), [Income](https://insights.reavesam.com/blog/tag/income), [Dividend Growth](https://insights.reavesam.com/blog/tag/dividend-growth) ## [Dividend Growth In This Environment Speaks Volumes](https://insights.reavesam.com/blog/dividend-growth-in-this-environment-speaks-volumes) Included in the characteristics we favor in essential service infrastructure companies is their ability to pay and consistently increase their dividends. The reasons are... [Read More](https://insights.reavesam.com/blog/dividend-growth-in-this-environment-speaks-volumes) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.08%20Reaves%20Blog%2024%20Utility%20Sector%20LinkedIn.jpg)](https://insights.reavesam.com/blog/q2-earnings-results-show-utility-sectors-resiliency) [Utilities](https://insights.reavesam.com/blog/tag/utilities), [Defensive Investing](https://insights.reavesam.com/blog/tag/defensive-investing) ## [Q2 Earnings Results Show Utility Sector’s Resiliency](https://insights.reavesam.com/blog/q2-earnings-results-show-utility-sectors-resiliency) In the worst economic environment in more than a decade, the utilities sector is demonstrating its resiliency. With the second quarter earnings season now behind us, 20 of the 28... [Read More](https://insights.reavesam.com/blog/q2-earnings-results-show-utility-sectors-resiliency) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.08%20Reaves%20Blog%204%20LinkedIn.jpg)](https://insights.reavesam.com/blog/after-market-rebound-should-investors-think-defensively) [Infrastructure](https://insights.reavesam.com/blog/tag/infrastructure), [Defensive Investing](https://insights.reavesam.com/blog/tag/defensive-investing) ## [After Market Rebound, Should Investors Think Defensively?](https://insights.reavesam.com/blog/after-market-rebound-should-investors-think-defensively) Early this week, the S&P 500 Index1 retouched its record high set before the pandemic and quarantine sent stocks into bear market territory for the first time in 11 years. While... [Read More](https://insights.reavesam.com/blog/after-market-rebound-should-investors-think-defensively) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.08%20Reaves%20Blog%2022%20Railroad%20Stocks%20LinkedIn.jpg)](https://insights.reavesam.com/blog/railroad-stocks-a-closer-look) [Industrial Infrastructure](https://insights.reavesam.com/blog/tag/industrial-infrastructure) ## [Railroad Stocks: A Closer Look](https://insights.reavesam.com/blog/railroad-stocks-a-closer-look) In this blog, we review the characteristics of the railroad industry and why we believe it complements the Reaves investment universe. Those characteristics include: the essential... [Read More](https://insights.reavesam.com/blog/railroad-stocks-a-closer-look) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/2020.07%20Reaves%20Blog%2020%20LinkedIn.jpg)](https://insights.reavesam.com/blog/stay-at-home-orders-provide-ultimate-test-to-broadband-investment-thesis) [Communication Infrastructure](https://insights.reavesam.com/blog/tag/communication-infrastructure) ## [Stay-at-Home Orders Provide Ultimate Test to Broadband Investment Thesis](https://insights.reavesam.com/blog/stay-at-home-orders-provide-ultimate-test-to-broadband-investment-thesis) At Reaves, we invest in companies that provide the most essential services to the modern economy. Our thesis is that the durability of these business models provides steadier... [Read More](https://insights.reavesam.com/blog/stay-at-home-orders-provide-ultimate-test-to-broadband-investment-thesis) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/Reaves-Blog-21-LinkedIn.png)](https://insights.reavesam.com/blog/t-mobile-sprint-merger-has-big-implications-for-investors-and-consumers) [Communication Infrastructure](https://insights.reavesam.com/blog/tag/communication-infrastructure) ## [T-Mobile, Sprint Merger Has Big Implications for Investors and Consumers](https://insights.reavesam.com/blog/t-mobile-sprint-merger-has-big-implications-for-investors-and-consumers) On April 1, 2020, as the world and its markets were focused on the impact of a global pandemic, T-Mobile US formally closed its merger with Sprint, a transaction that will likely... [Read More](https://insights.reavesam.com/blog/t-mobile-sprint-merger-has-big-implications-for-investors-and-consumers) ### 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/14) [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) [17](https://insights.reavesam.com/blog/page/17) [Next](https://insights.reavesam.com/blog/page/16)     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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