Reaves Infrastructure Fund Class Inst (RSRFX)
Reaves Infrastructure Fund Class Inst operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $11.19, up 0.18% on the session, giving a market capitalisation of $38.3M. On trailing twelve-month figures it carries a trailing P/E of -7.88, a net margin of -215.6%. Its beta of 0.87 implies it has historically moved less than the broad market.
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.
Reaves Infrastructure Fund Class Inst is most often compared with the following Financial Services names: