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Stock Trading History of Morris Everett L

The following table details the trading activities (stock purchases, stock sales, and stock option exercises) reported to the Securities and Exchange Commission (SEC) by insider Morris Everett L since year 2005. The trader's CIK number is 1281238. At the time of this reporting, Morris Everett L is the Director of Reaves Utility Income Fund (stock ticker symbol UTG).

Stock purchases, sales, and option exercises reported by *Morris Everett L* since 2005.
Trade Date	Symbol	Company Name (Issuer)	Trade Type	Shares	Price ($)	Value ($)
2008-01-23	UTG	Reaves Utility Income Fund	Purchase	2,000	21.82	43,640
2006-04-28	RUI	Reaves Utility Income Fund	Purchase	3,000	19.12	57,360

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Morris Everett L (Director of Reaves Utility Income Fund at the time of this reporting) see the Securities and Exchange Commission (SEC) website.