# Virtus Reaves Utilities ETF (UTES): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/utes for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Virtus · Asset class: Alternatives - Strategy: Actively Managed · Inception: 2015-09-23 The Fund seeks to provide total return through a combination of capital appreciation and income. The Fund invests not less than 80% of its total assets in equity securities of companies in the Utility Sector. It is an actively managed ETF and does not seek to replicate the performance of a specified passive index. ## Key Facts | Metric | Value | |---|---| | Price | $74.73 | | Expense Ratio | 0.49% | | Assets Under Management | $1.16B | | NAV | $76.33 | | Holdings Count | 198 | | Distribution Yield (TTM) | 1.64% | | Annual Distribution (TTM) | $1.23 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $69.45 – $86.51 | | Beta | 0.74 | ## Latest Distribution - Amount: $0.2600 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-28 ## Frequently Asked Questions ### What does UTES invest in? The Fund seeks to provide total return through a combination of capital appreciation and income. The Fund invests not less than 80% of its total assets in equity securities of companies in the Utility Sector. It is an actively managed ETF and does not seek to replicate the performance of a specified passive index. ### What is the expense ratio of UTES? Virtus Reaves Utilities ETF (UTES) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is UTES? Virtus Reaves Utilities ETF (UTES) manages $1.16B 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 UTES actively managed or an index fund? UTES is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (UTES's is 0.49%) in exchange for the discretion to over- or under-weight positions. ### When was UTES launched? Virtus Reaves Utilities ETF (UTES) launched in September 2015 and is managed by Virtus. ### How has UTES performed? UTES'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. ### Does UTES pay a dividend? Virtus Reaves Utilities ETF (UTES) currently distributes little or no income. Trailing-twelve-month yield is 1.64%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does UTES pay dividends? Virtus Reaves Utilities ETF pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is UTES's dividend yield? UTES's trailing-twelve-month yield is 1.64%, calculated from the sum of dividends over the past year divided by the current price. ### When is UTES's next ex-dividend date? The most recently announced ex-dividend date for UTES was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will UTES's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.49% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does UTES charge its expense ratio? The expense ratio is deducted in tiny daily slices from UTES's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does UTES cost more than a fund like VOO? UTES is actively managed (current expense ratio 0.49%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether UTES's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to UTES? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as UTES (0.49%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/utes - Distribution history: https://www.dividenddata.com/funds/utes/dividend - Holdings & diversification: https://www.dividenddata.com/funds/utes/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/utes/expenses - Peer comparison: https://www.dividenddata.com/funds/utes/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.