# Portfolio overlap — RSRAX vs RYUIX

Comparing **Reaves Infrastructure Fund** (2026-01-31) and **Utilities Fund** (2026-03-31).

- Shared positions: 12
- Reaves Infrastructure Fund covered by Utilities Fund: 0.2829776680088514534313110209
- Utilities Fund covered by Reaves Infrastructure Fund: 0.2829776680088514534313110208

## Reaves Infrastructure Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| TALEN ENERGY CORP | 0.054667 | ✓ |
| DT MIDSTREAM INC | 0.054334 |  |
| QUANTA SERVICES INC COMMON STOCK | 0.046921 |  |
| NISOURCE INC | 0.044369 | ✓ |
| CAMECO CORP | 0.042991 |  |
| ENTERGY CORP | 0.042954 | ✓ |
| IDACORP INC | 0.039585 | ✓ |
| CONSTELLATION ENERGY CORP | 0.038449 | ✓ |
| CORNING INC | 0.035827 |  |
| EQUINIX INC | 0.034881 |  |
| PPL CORPORATION | 0.034468 | ✓ |
| CROWN CASTLE INC | 0.033811 |  |
| NEXTERA ENERGY INC | 0.031288 | ✓ |
| SEMPRA ENERGY | 0.030808 | ✓ |
| XCEL ENERGY INC | 0.030378 | ✓ |
| AMEREN CORPORATION COMMON STOCK | 0.029987 |  |
| WEC ENERGY GROUP INC | 0.029311 | ✓ |
| T-MOBILE US INC | 0.028339 |  |
| WILLIAMS COS INC | 0.027626 |  |
| CENTERPOINT ENERGY INC | 0.026420 | ✓ |
| JOHNSON CONTROLS | 0.024799 |  |
| MP MATERIALS CORP | 0.024134 |  |
| CENTRUS ENERGY CORP CL A | 0.023632 |  |
| LUMENTUM HOLDINGS INC | 0.022199 |  |
| EQT CORPORATION | 0.020114 |  |
| DIGITAL REALTY TRUST INC | 0.019743 |  |
| ALLIANT ENERGY CORP COMMON STOCK | 0.019603 |  |
| TIC SOLUTIONS INC | 0.019357 |  |
| IRON MOUNTAIN INC | 0.018268 |  |
| VISTRA CORP | 0.016596 | ✓ |
| DYCOM INDUSTRIES INC | 0.014389 |  |
| ARISTA NETWORKS INC COMMON STOCK | 0.013422 |  |
| GE VERNOVA LLC | 0.012962 |  |
| COHERENT CORP | 0.012020 |  |
| SEI DAILY INCOME TRUST TREASURY II MONEY MARKET (#37) | 0.001349 |  |

## Utilities Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| NEXTERA ENERGY INC | 0.055572 | ✓ |
| SOUTHERN CO | 0.040724 |  |
| DUKE ENERGY CORP NEW | 0.039790 |  |
| CONSTELLATION ENERGY CORP | 0.035745 | ✓ |
| AMERICAN ELECTRIC POWER CO INC | 0.033249 |  |
| SEMPRA ENERGY | 0.032379 | ✓ |
| ENTERGY CORP | 0.029366 | ✓ |
| DOMINION ENERGY INC | 0.028991 |  |
| EXELON CORP | 0.027921 |  |
| XCEL ENERGY INC | 0.027834 | ✓ |
| VISTRA CORP | 0.027377 | ✓ |
| CONSOLIDATED EDISON INC | 0.025327 |  |
| PUB SERV ENTERP | 0.025064 |  |
| PG&E CORP | 0.024457 |  |
| WEC ENERGY GROUP INC | 0.024115 | ✓ |
| AMEREN CORP | 0.021857 |  |
| ATMOS ENERGY CORP | 0.021738 |  |
| NRG ENERGY INC | 0.021574 |  |
| EDISON INTL | 0.021560 |  |
| CENTERPOINT ENERGY INC | 0.020944 | ✓ |
| FIRSTENERGY CORP | 0.020934 |  |
| PPL CORPORATION | 0.020825 | ✓ |
| DTE ENERGY CO | 0.020319 |  |
| AMERICAN WATER WRKS COMPANY | 0.020022 |  |
| EVERSOURCE ENERGY | 0.019877 |  |
| CMS ENERGY CORP | 0.019364 |  |
| NISOURCE INC | 0.018722 | ✓ |
| ALLIANT ENERGY CORPORATION | 0.017032 |  |
| EVERGY INC | 0.017024 |  |
| TALEN ENERGY CORP | 0.015525 | ✓ |
| FORTIS INC | 0.015383 |  |
| National Grid PLC SPON ADR EACH REP 5 ORD SHS | 0.014606 |  |
| BROOKFIELD RENEW | 0.014097 |  |
| PINNACLE WEST CAPITAL CORP | 0.013789 |  |
| ESSENTIAL UTILITIES INC | 0.013107 |  |
| OGE ENERGY CORP | 0.012420 |  |
| NATL FUEL GAS CO | 0.011784 |  |
| CLEARWAY ENERGY INC CL C | 0.011335 |  |
| IDACORP INC | 0.011210 | ✓ |
| UGI CORP NEW | 0.011123 |  |
| AES CORP | 0.010637 |  |
| PORTLAND GENERAL ELECTRIC CO | 0.010218 |  |
| TXNM ENERGY INC | 0.009975 |  |
| OKLO INC | 0.009428 |  |
| BLACK HILLS CORP | 0.008988 |  |
| ORMAT TECHNOLOGIES INC | 0.008701 |  |
| MDU RESOURCES GROUP INC | 0.008125 |  |
| NORTHWESTERN ENERGY GROUP INC | 0.007898 |  |
| SJW GROUP | 0.006581 |  |
| OTTER TAIL CORPORATION | 0.005224 |  |


## Sources

- N-PORT (fund A) — accession `0002048251-26-002797` (as of 2026-01-31)
  <https://www.sec.gov/Archives/edgar/data/890540/000204825126002797/0002048251-26-002797-index.htm>
- N-PORT (fund B) — accession `0000940400-26-022999` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/899148/000094040026022999/0000940400-26-022999-index.htm>

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