{"schema_version":"secwatch.filing_event.v1","accession":"0001398344-22-018706","form_type":"8-K","ticker":"UTG","cik":"0001263994","company_name":"REAVES UTILITY INCOME FUND","filed_at":"2022-09-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:55.191546+00:00","generated_at":"2026-06-23T08:45:24.125394+00:00","sec_items":["1.01","1.02","5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Reaves Utility Income Fund replaces administrator ALPS with Paralel, appoints new officers","bullets":["Enters new distribution agreement with Paralel Distributors to sell up to 8M common shares via ATM; commission 1% of gross proceeds.","Replaces ALPS with Paralel Technologies as administrator; annual fee cut to 0.15% on first $2B of assets (was 0.265%).","Appoints Jill Kerschen as Treasurer, Christopher Moore as Secretary, and Bradley Swenson as CCO, replacing prior officers.","Prior agreements with ALPS terminated; new agreements effective September 19, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001398344-22-018706","json":"https://secwatch.observer/filing/0001398344-22-018706.json","markdown":"https://secwatch.observer/filing/0001398344-22-018706.md","text":"https://secwatch.observer/filing/0001398344-22-018706.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1263994/000139834422018706/0001398344-22-018706-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1263994/000139834422018706/fp0079735_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T08:45:24.125394+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"69ed8cbb3d","claim":"Bradley Swenson was appointed as Chief Compliance Officer at REAVES UTILITY INCOME FUND.","evidence_excerpt":"The Board of Trustees have appointed Jill Kerschen, Christopher Moore, and Bradley Swenson to serve as Treasurer, Secretary, and Chief Compliance Officer, respectively, of the Fund effective as of September 19, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1263994/000139834422018706/0001398344-22-018706-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Compliance Officer"}],"fact_type":"executive_change"},{"claim_id":"b501037dfd","claim":"Jill Kerschen was appointed as Treasurer at REAVES UTILITY INCOME FUND.","evidence_excerpt":"The Board of Trustees have appointed Jill Kerschen, Christopher Moore, and Bradley Swenson to serve as Treasurer, Secretary, and Chief Compliance Officer, respectively, of the Fund effective as of September 19, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1263994/000139834422018706/0001398344-22-018706-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Treasurer"}],"fact_type":"executive_change"},{"claim_id":"d3b987a42d","claim":"Christopher Moore was appointed as Secretary at REAVES UTILITY INCOME FUND.","evidence_excerpt":"The Board of Trustees have appointed Jill Kerschen, Christopher Moore, and Bradley Swenson to serve as Treasurer, Secretary, and Chief Compliance Officer, respectively, of the Fund effective as of September 19, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1263994/000139834422018706/0001398344-22-018706-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Secretary"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}