AllianceBernstein L.P. Units (AB) vs Reaves Utility Income Fund (UTG)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Reaves Utility Income Fund is the larger company by market cap ($3.35 billion vs $3.27 billion), about 1.0 times the size. On valuation, Reaves Utility Income Fund trades at a lower trailing P/E (2.6x vs 10.4x for AllianceBernstein L.P. Units). AllianceBernstein L.P. Units offers the higher dividend yield (9.89% vs 6.50%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | AB | UTG |
|---|---|---|
| Share price | $35.10 | $36.60 |
| Market cap | $3.27B | $3.35B |
| 1-day change | +0.03% | +0.11% |
| YTD return | -8.81% | — |
| 1-year return | -8.71% | — |
| 5-year return | -32.73% | — |
| P/E ratio (TTM) | 10.42 | 2.65 |
| Forward P/E | 9.36 | — |
| EPS (TTM) | $3.37 | $13.82 |
| Dividend yield | 9.89% | 6.50% |
| Annual dividend | $3.47 | $2.38 |
| Net income (latest FY) | $299.84M | — |
| 52-week high | $44.11 | $43.90 |
| 52-week low | $34.58 | $33.53 |
| Distance from 52-week high | -20.43% | -16.63% |
| Analyst consensus | hold | — |
| Avg. price target upside | +9.09% | — |
| Average volume | 284.38K | 312.89K |
| Shares outstanding | 93.08M | 91.43M |
| Employees | 4,400 | — |
| Sector | Financial Services | Financial Services |
| Industry | Asset Management | Asset Management |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AllianceBernstein L.P. Units trades at a higher earnings multiple (10.4x vs 2.6x trailing P/E).
- AllianceBernstein L.P. Units offers a meaningfully higher dividend yield (9.89% vs 6.50%).
About AllianceBernstein L.P. Units
AB stock →AllianceBernstein Holding L.P. is a publicly owned investment manager.
Financial Services · Asset Management · 4,400 employees
About Reaves Utility Income Fund
UTG stock →Reaves Utility Income Fund is a closed ended balanced mutual fund launched and managed by W. H.
Financial Services · Asset Management
AB vs UTG FAQ
Which is bigger, AllianceBernstein L.P. Units or Reaves Utility Income Fund?
Reaves Utility Income Fund (UTG) is larger, with a market capitalization of $3.35B compared with $3.27B for AllianceBernstein L.P. Units (AB).
Which has the lower P/E ratio, AB or UTG?
UTG has the lower trailing P/E at 2.6, versus 10.4 for AB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AllianceBernstein L.P. Units or Reaves Utility Income Fund?
AllianceBernstein L.P. Units has the higher yield at 9.89%, compared with 6.50% for Reaves Utility Income Fund.
Are AllianceBernstein L.P. Units and Reaves Utility Income Fund in the same industry?
Yes. Both are classified in the Asset Management industry within the Financial Services sector.