--- title: Reaves Asset Management Blog | Defensive Investing (6) description: Defensive Investing | Utility, energy & communication insights from four decades of intelligent investing (6) 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 Posts about # Defensive Investing (6) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/Reaves-Blog-9-LinkedIn.png)](https://insights.reavesam.com/blog/debt-deals-amid-economic-upheaval-underscore-utility-sectors-stability) [Utilities](https://insights.reavesam.com/blog/tag/utilities), [Defensive Investing](https://insights.reavesam.com/blog/tag/defensive-investing) ## [Debt Deals Amid Economic Upheaval Underscore Utility Sector’s Stability](https://insights.reavesam.com/blog/debt-deals-amid-economic-upheaval-underscore-utility-sectors-stability) If there was any question about utility companies’ stability in a souring economy, the bond market just provided a resounding stamp of approval. Amid the worst economic outlook... [Read More](https://insights.reavesam.com/blog/debt-deals-amid-economic-upheaval-underscore-utility-sectors-stability) [![post](https://insights.reavesam.com/hubfs/Blog%20Images/Reaves-Blog-8-LinkedIn.png)](https://insights.reavesam.com/blog/utilitys-covid-19-relief-efforts-underscore-sectors-financial-strength) [Utilities](https://insights.reavesam.com/blog/tag/utilities), [Defensive Investing](https://insights.reavesam.com/blog/tag/defensive-investing) ## [Utility’s COVID-19 Relief Efforts Underscore Sector’s Financial Strength](https://insights.reavesam.com/blog/utilitys-covid-19-relief-efforts-underscore-sectors-financial-strength) The nation’s largest electric producer is making a move that both shareholders and stakeholders can cheer. To ease the financial hardships many consumers will face amid COVID-19,... [Read More](https://insights.reavesam.com/blog/utilitys-covid-19-relief-efforts-underscore-sectors-financial-strength) [![post](https://insights.reavesam.com/hubfs/Reaves%20Blog%207.png)](https://insights.reavesam.com/blog/winning-ugly-bear-market-compels-investors-to-assess-downside-protection) [Infrastructure](https://insights.reavesam.com/blog/tag/infrastructure), [Defensive Investing](https://insights.reavesam.com/blog/tag/defensive-investing) ## [Winning Ugly: Bear Market Compels Investors to Assess Downside Protection](https://insights.reavesam.com/blog/winning-ugly-bear-market-compels-investors-to-assess-downside-protection) U.S. equities’ precipitous slide into bear market territory can make anyone wince when they peek at their investment returns. But long-term investors would be wise to open their... [Read More](https://insights.reavesam.com/blog/winning-ugly-bear-market-compels-investors-to-assess-downside-protection) ### 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/tag/defensive-investing/page/5) [2](https://insights.reavesam.com/blog/tag/defensive-investing/page/2) [3](https://insights.reavesam.com/blog/tag/defensive-investing/page/3) [4](https://insights.reavesam.com/blog/tag/defensive-investing/page/4) [5](https://insights.reavesam.com/blog/tag/defensive-investing/page/5) [6](https://insights.reavesam.com/blog/tag/defensive-investing/page/6) Next     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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