Under normal market conditions, the fund invests at least 80% of its net assets in equity securities of companies engaged in the utilities industry. The portfolio managers use quantitative and qualitative management techniques as well as risk controls to construct the fund's portfolio. The quantitative process involves ranking stocks based on their growth and valuation characteristics.

Nasdaq

BULIX

The Duff & Phelps Utility and Infrastructure Fund Inc. aims for total return through high current income and growth, primarily by investing in domestic and foreign utilities and infrastructure providers. The fund focuses on dividend-paying equity securities in utility and infrastructure industries, with limits on sector concentration and issuer exposure.

NYSE

The fund invests at at least 80% of its net assets in common, preferred and convertible preferred stocks of utility and telecommunications companies. It up to 20% of the fund's net assets in dividend-paying equity securities of non-utility and non-telecommunications companies. The fund invests up to 25% of its total assets in equity securities of foreign issuers, including ADRs and similar investments and up to 10% of its total assets in emerging market equity securities. It is non-diversified.

EVUAX

The fund normally invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in the utilities industry and companies deriving a majority of their revenues from their utility operations. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.

FAUFX

The investment seeks capital appreciation. The fund normally invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in the utilities industry and companies deriving a majority of their revenues from their utility operations. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. The fund is non-diversified.

FIKIX

The fund invests primarily in common stocks. It invests at least 80% of assets in securities of telecommunications services companies and utility companies. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.

FIUIX

The investment seeks capital appreciation and current income.  The fund normally invests at least 80% of its net assets in the securities of public utilities companies. These are companies that provide electricity, natural gas, water, and communications services to the public and companies that provide services to public utilities companies. It concentrates (invests more than 25% of its total assets) in companies operating in the utilities industry. The fund invests primarily in equity securities, which consist mainly of common stocks.

FKUTX

The Franklin Utilities Fund (FRURX) is a mutual fund that aims to achieve both capital appreciation and current income for its investors. The fund primarily invests in the securities of public utility companies, with a focus on companies that operate in the U.S. electricity and gas sector. The fund's investment strategy is to select companies with strong financial performance and the potential for growth in the future. 

FRURX

The fund invests primarily in common stocks. It invests at least 80% of assets in securities of companies principally engaged in the utilities industry and companies deriving a majority of their revenues from their utility operations. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.

FSUTX

FUGAX

FUGCX

FUGIX

The investment seeks to provide a high level of total return through a combination of capital appreciation and current income.  The fund invests at least 80% of its net assets in securities of domestic or foreign companies that are involved to a substantial extent in providing products, services or equipment for the generation or distribution of electricity, gas, and water and the provision of infrastructure operations or telecommunications services. It may invest up to 40% of its total assets in securities of non-U.S. issuers.

GABUX

The advisor intends to provide investment results that replicate the performance of the American Gas Association Stock Index. The index is maintained by the American Gas Association, a national trade association of natural gas distribution companies, and is licensed exclusively to the Manager for use as an investment strategy. The advisor intends to invest at least 85% of its net assets in the common stock of companies that have natural gas distribution and transmission operations and no attempt is made to actively manage the fund's portfolio by using economic, financial, or market analysis.

GASFX

The fund normally invests at least 80% of its net assets in securities of issuers in the utilities industry. Issuers in the utilities industry include issuers engaged in the manufacture, production, generation, transmission, sale or distribution of electric, gas or other types of energy, water or other sanitary services; and issuers engaged in telecommunications, including telephone, cellular telephone, satellite, microwave, cable television, and other communications media (but not engaged in public broadcasting).

MMUFX

The investment seeks total return through a combination of capital appreciation and current income.  The fund normally invests at least 80% of its investable assets in equity and equity-related and investment-grade debt securities of utility companies. The term "investable assets" refers to the fund's net assets plus any borrowings for investment purposes. The fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. It is non-diversified.

PRUAX

Under normal circumstances, the fund invests substantially all (at least 80%) of its net assets in equity securities of Utilities Companies that are traded in the United States and in derivatives, which primarily consist of futures contracts and options on securities, futures contracts, and stock indices. It may invest to a significant extent in the securities of Utilities Companies that have small to mid-sized capitalizations. The fund also may purchase American Depositary Receipts ("ADRs") to gain exposure to foreign Utilities Companies and U.S. government securities.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield
BULIX	American Century Utilities Fund	Utilities Equities	Feb 28, 1993	0.65%	23.91%	6.45%	2.45%
DPG	Duff & Phelps Utility and Infrastructure Fund Inc	Utilities Equities	Jul 27, 2011	2.26%	30.70%	2.75%	8.66%
EVUAX	Allspring Utility and Telecommunications Fund	Utilities Equities	Jan 3, 1994	1.04%	16.89%	7.59%	5.02%
FAUFX	Fidelity Advisor Utilities Fund Class M	Utilities Equities	Sep 3, 1996	1.30%	20.59%	8.55%	2.67%
FIKIX	Fidelity Advisor Utilities Fund Class Z	Utilities Equities	Oct 2, 2018	0.63%	21.13%	—	3.17%
FIUIX	Fidelity Telecom and Utilities Fund	Utilities Equities	Nov 27, 1987	0.60%	23.38%	8.75%	5.81%
FKUTX	Franklin Utilities Fund	Utilities Equities	Sep 29, 1948	0.72%	23.19%	8.56%	5.31%
FRURX	Franklin Utilities Fund Class R	Utilities Equities	Jan 2, 2002	1.07%	22.83%	8.19%	5.05%
FSUTX	Fidelity Select Utilities Portfolio	Utilities Equities	Dec 9, 1981	0.74%	21.11%	9.97%	4.90%
FUGAX	Fidelity Advisor Utilities Fund Class A	Utilities Equities	Sep 3, 1996	1.02%	20.81%	9.15%	2.92%
FUGCX	Fidelity Advisor Utilities Fund Class C	Utilities Equities	Nov 3, 1997	1.78%	20.19%	8.26%	2.35%
FUGIX	Fidelity Advisor Utilities Fund Class I	Utilities Equities	Sep 3, 1996	0.76%	21.03%	9.47%	3.07%
GABUX	Gabelli Utilities Fund	Utilities Equities	Aug 30, 1999	1.39%	13.99%	4.32%	16.55%
GASFX	Hennessy Gas Utility Fund	Utilities Equities	May 9, 1989	1.00%	16.08%	5.25%	5.83%
MMUFX	MFS Utilities Fund	Utilities Equities	Feb 13, 1992	0.99%	14.16%	6.21%	5.09%
PRUAX	PGIM Jennison Utility Fund	Utilities Equities	Jan 21, 1990	0.83%	19.52%	7.29%	8.22%
RYUIX	Rydex Utilities Fund	Utilities Equities	Apr 2, 2000	1.39%	18.81%	7.25%	2.66%
VUIAX	Vanguard Utilities Index Fund Admiral Shares	Utilities Equities	Apr 28, 2004	0.10%	21.62%	9.25%	2.96%

The Best Utilities Equities Mutual Funds

Risk vs. Return Scatterplot