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Reaves Utilityome FundUTG +0.45%32 Market Cap is $3,732 Mil as of Aug. 18, 2026. GuruFocus rates UTG with a GF Score™ of 32/100. The stock has 7 warning signs investors should review. Among 1,662 Asset Management companies, Reaves Utilityome Fund ranks better than 93.92% on this metric.
Reaves Utilityome Fund's quarterly market cap
increased
from Apr. 2025 ($2,925 Mil) to Oct. 2025 ($3,466 Mil) and
increased
from Oct. 2025 ($3,466 Mil) to Apr. 2026 ($3,955 Mil).
Reaves Utilityome Fund's annual market cap
increased
from Oct. 2023 ($1,896 Mil) to Oct. 2024 ($2,854 Mil) and
increased
from Oct. 2024 ($2,854 Mil) to Oct. 2025 ($3,466 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Reaves Utilityome Fund's Enterprise Value for Today is $4,682 Mil.
Reaves Utilityome Fund (AMEX:UTG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Asset Management subindustry, Reaves Utilityome Fund's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Reaves Utilityome Fund Market Cap vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Reaves Utilityome Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Reaves Utilityome Fund's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Reaves Utilityome Fund's Market Cap for the fiscal year that ended in Oct. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Reaves Utilityome Fund (UTG) has a Market Cap of $3,732 Mil as of Aug. 18, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Reaves Utilityome Fund and its competitors. According to the industry distribution chart, Reaves Utilityome Fund ranks #101 out of 1662 companies in the Asset Management industry, placing it in the top 6.1%.
Is Reaves Utilityome Fund's Market Cap too high?
Reaves Utilityome Fund's current Market Cap is $3,732 Mil. The Asset Management industry median Market Cap is 199.50. Reaves Utilityome Fund's value of $3,732 Mil is 1770.6% above this industry median. Based on the distribution chart, Reaves Utilityome Fund ranks #101 out of 1662 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Reaves Utilityome Fund has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Reaves Utilityome Fund's Market Cap compare to HLNE and STEP?
According to the Asset Management industry distribution chart, Reaves Utilityome Fund ranks #101 out of 1662 companies for Market Cap. This places Reaves Utilityome Fund in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 199.50. Reaves Utilityome Fund's value of $3,732 Mil is 1770.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 199.50, based on 1,662 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Reaves Utilityome Fund's current Market Cap of $3,732 Mil is 1770.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Reaves Utilityome Fund and its competitors. For the Asset Management industry, the median Market Cap is 199.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reaves Utilityome Fund's current Market Cap is $3,732 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reaves Utilityome Fund stock overvalued right now?
Reaves Utilityome Fund (UTG) has a current Market Cap of $3,732 Mil. The current Market Cap is $3,732 Mil and 1770.6% above the Asset Management industry median of 199.50. Reaves Utilityome Fund's overall GF Score™ is 32/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Reaves Utilityome Fund (UTG), the current Market Cap is $3,732 Mil as of Aug. 18, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
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