Reaves Utility Income Fund Section 19(a) Notice

Core Viewpoint - The Reaves Utility Income Fund (NYSE American: UTG) announced a monthly distribution of $0.20 per share to shareholders, reflecting its ongoing commitment to providing returns to investors [1] Distribution Details - The distribution was paid on November 28, 2025, to shareholders of record as of November 17, 2025 [1] - The announcement includes a table detailing the estimated sources of distribution in compliance with Section 19 of the Investment Company Act of 1940 [1]