Edgar Nordberg - Reaves Utility Independent Director, Trustee
| UTG Fund | USD 26.21 0.03 0.11% |
Mr. Edgar Wayne Nordberg is Independent Trustee of the Company. Mr. Nordberg is currently the Chairman and Chief Investment Officer of Hollow Brook Wealth Management, LLC, a private investment management firm serving family offices, foundations, charities and pensions. He has over 50 years of experience in investment research and portfolio management. Mr. Nordberg also currently serves as a Director of Annaly Capital Management, Inc., the largest mortgage real estate investment trust listed on the New York Stock Exchange. In addition, he is also currently serving on the Board of Directors of PetroQuest Energy, Inc., an oil and gas exploration company. From 2003 to 2007, Mr. Nordberg was a Senior Director at Ingalls Snyder LLC, a privately owned registered investment advisor. He also formerly served on the Board of Directors of Lord, Abbett Co., a mutual fund family, from 1988 to 1998. Mr. Nordberg has served as Trustee since 2012. Mr. Nordberg also serves as a member of the Audit Committee, Executive Committee and Nominating and Corporationrationrate Governance Committee.
| Age | 81 |
| Tenure | 12 years |
| Phone | 800-975-8395 |
| Web | https://www.utilityincomefund.com/ |
Reaves Utility Management Performance (%)
The company has Return on Asset of 1.06 % which means that on every $100 spent on assets, it made $1.06 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 2.52 %, implying that it generated $2.52 on every 100 dollars invested. Reaves Utility's management efficiency ratios could be used to measure how well Reaves Utility manages its routine affairs as well as how well it operates its assets and liabilities.Similar Money Managers
| Showing other executives | One Year Return | ||
| Thomas Bijou | Pimco Dynamic Income | 60 | |
| Daphne Richards | Cohen Steers Total | 54 | |
| Frank Ross | Cohen Steers Qualityome | 73 | |
| George Grossman | Cohen Steers Total | 67 | |
| Frank Ross | Cohen Steers Reit | 75 | |
| Dean Junkans | Cohen Steers Total | 61 | |
| Dean Junkans | Cohen Steers Reit | 61 | |
| Kurtis Arnold | Pimco Dynamic Income | N/A | |
| Frank Ross | Cohen Steers Total | 73 | |
| Dean Junkans | Cohen Steers Qualityome | 61 | |
| Peter Born | Pimco Dynamic Income | 62 | |
| Bonnie Cohen | Cohen And Steers | 76 | |
| Edward Ward | Cohen And Steers | 72 | |
| Richard Norman | Cohen And Steers | 75 | |
| Richard Kroon | Cohen Steers Total | 74 | |
| Richard Norman | Cohen Steers Qualityome | 73 | |
| Edward Ward | Cohen Steers Reit | 72 | |
| Edward Ward | Cohen Steers Qualityome | 70 | |
| Gerald Maginnis | Cohen And Steers | 65 | |
| Michael Clark | Cohen Steers Qualityome | 55 | |
| Howard Westerman | Pimco Dynamic Income | N/A | |
Management Performance
| Return On Equity | 2.52 | ||||
| Return On Asset | 1.06 |
Reaves Utility If Leadership Team
Elected by the shareholders, the Reaves Utility's board of directors comprises two types of representatives: Reaves Utility inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Reaves. The board's role is to monitor Reaves Utility's management team and ensure that shareholders' interests are well served. Reaves Utility's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Reaves Utility's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jennifer Welsh, Secretary | ||
| Jeremy Deems, Independent Chairman of the Board of the Trustee | ||
| Karen Gilomen, Secretary | ||
| Mary Anstine, Independent Trustee | ||
| Jill Kerschen, Treasurer | ||
| Jeremy May, Chairman of the Board of Trustee and Presidentident | ||
| Larry Papasan, Independent Trustee | ||
| Edgar Nordberg, Independent Director, Trustee | ||
| Michael Holland, Independent Trustee | ||
| Cory Gossard, Chief Compliance Officer | ||
| Bradley Swenson, President | ||
| Theodore Uhl, Chief Compliance Officer | ||
| Kelly McEwen, Treasurer |
Reaves Fund Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right fund is not an easy task. Is Reaves Utility a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 2.52 | ||||
| Return On Asset | 1.06 | ||||
| Profit Margin | 81.10 % | ||||
| Operating Margin | 65.72 % | ||||
| Current Valuation | 2.46 B | ||||
| Shares Outstanding | 68.53 M | ||||
| Shares Owned By Institutions | 10.15 % | ||||
| Number Of Shares Shorted | 20.74 K | ||||
| Price To Earning | 34.98 X | ||||
| Price To Book | 0.89 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Reaves Utility in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Reaves Utility's short interest history, or implied volatility extrapolated from Reaves Utility options trading.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Reaves Utility If. Also, note that the market value of any fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.