Reaves Infrastructure Fund Class Inst

Frequently Asked Questions About RSRFX

What does RSRFX invest in?

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of domestic and foreign public infrastructure companies. The adviser considers a company to be involved to a significant extent in the Utilities and/or the Energy Industry, as applicable, if at least 50% of its assets, gross income or profits are committed to or derived from Utilities or Energy.

What is the expense ratio of RSRFX?

Reaves Infrastructure Fund Class Inst (RSRFX) charges an expense ratio of 2.01%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RSRFX?

Reaves Infrastructure Fund Class Inst (RSRFX) manages $35.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is RSRFX actively managed or an index fund?

RSRFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RSRFX's is 2.01%) in exchange for the discretion to over- or under-weight positions.

When was RSRFX launched?

Reaves Infrastructure Fund Class Inst (RSRFX) launched in December 2004 and is managed by the fund issuer.

How has RSRFX performed?

RSRFX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.