UTG: Create Dividend Growth From AI Data Centers

Reaves Utility Income Fund remains a buy, offering a 6.2% yield and direct exposure to utility companies poised to benefit from AI-driven data center growth. UTG trades at a 0.92% premium to NAV, slightly above its five-year average, but its active management and top-heavy portfolio have outperformed peers. Growth catalysts include rising AI power demand, with holdings like TLN, ETR, VST, and EQIX forecasting robust earnings and revenue growth tied to data centers.