Receive insights about essential service infrastructure from four decades of intelligent investing At Reaves Asset Management, we believe that investing in critical non-discretionary sectors of the economy may provide a lower risk path to reaching your financial goals. We are passionately focused on finding stable, durable companies with the characteristics to deliver steady growth in earnings and dividends and welcome the opportunity to share our insights with you through our blog. Sign up to receive e-mail delivery of each new blog post from Reaves by completing the form on this page. Reaves Asset Management is an investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. 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. Important Tax Information: Reaves Asset Management and its employees are not in the business of providing tax or legal advice to taxpayers. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax adviser. Please review these links: Reaves Asset Management’s Privacy Policy and Cookie Policy. Subscribe Now FIRST NAME* EMAIL* © Copyright 2020 Reaves Asset Management (W. H. Reaves & Co., Inc.)

ABOUT US PORTFOLIOS RESOURCES BLOG CONTACT FORM CRS RECEIVE OUR INSIGHTS Reaves Dividend Income Strategy A concentrated portfolio of approximately 15 to 30 equity securities with a primary objective to provide a high level of after-tax dividend income and a secondary objective to provide capital appreciation. This investment strategy is available to investors as a separately managed account. Dividend Income Fact Sheet Quarterly Commentary Business Continuity Plan Summary Terms Of Use Privacy Policy Cookie Policy Endnotes/Disclosures © Copyright 2021 Reaves Asset Management (W. H. Reaves & Co., Inc.)