Reaves Utility Income Fund

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934

(Amendment No.    )

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[   ] Preliminary Proxy Statement

[   ] Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))

[   ] Definitive Proxy Statement

[X] Definitive Additional Materials

[   ] Soliciting Material Pursuant to Sec. 240.14a-12

REAVES UTILITY INCOME FUND

(Name of Registrant as Specified In Its Charter)

ALPS Fund Services, Inc.

Attn: J. Tison Cory

1290 Broadway, Suite 1100

Denver, CO 80203

303.623.2577

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Check box if any part of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

 

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*** Exercise Your Right to Vote ***

Important Notice Regarding the Availability of Proxy Materials for the

Shareholder Meeting to Be Held on April 29, 2011.

 

REAVES UTILITY INCOME FUND        

  Meeting Information   
 

 

Meeting Type:          Annual

  
 

 

For holders as of:   March 1, 2011

  
 

 

Date:   April 29, 2011   Time: 10:00 a.m. Mountain Time

  
 

 

Location:    1290 Broadway

  
 

    Ste 1100

  
 

    Denver, CO 80203

 

  
 

 

You are receiving this communication because you hold shares in the above named fund.

 

  
 

This is not a ballot. You cannot use this notice to vote these shares. This communication presents only an overview of the more complete proxy materials that are available to you on the Internet. You may view the proxy materials online at www.proxyvote.com or easily request a paper copy (see reverse side).

 

  
 

We encourage you to access and review all of the important information contained in the proxy materials before voting.

  
 

See the reverse side of this notice to obtain proxy materials and voting instructions.

  

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—    Before You Vote    —

How to Access the Proxy Materials

         Proxy Materials Available to VIEW or RECEIVE:         
      

PROXY STATEMENT

            
      

How to View Online:

            
       Have the information that is printed in the box marked by the arrow è    XXXX XXXX XXXX     (located on      
      

the following page) and visit: www.proxyvote.com.

      
      

How to Request and Receive a PAPER or E-MAIL Copy:

        
      

If you want to receive a paper or e-mail copy of these documents, you must request one. There is NO charge for requesting a copy. Please choose one of the following methods to make your request:

   
       1) BY INTERNET:          www.proxyvote.com              
       2) BY TELEPHONE:      1-800-579-1639              
       3) BY E-MAIL*:              sendmaterial@proxyvote.com              
       *   If requesting materials by e-mail, please send a blank e-mail with the information that  is printed in the box    
      

marked by the arrow è  

   XXXX XXXX XXXX  

(located on the following page) in the subject line.

   
       Requests, instructions and other inquiries sent to this e-mail address will NOT be forwarded to your investment advisor. Please make the request as instructed above on or before April 18, 2011 to facilitate timely delivery.    
                                         
                                         
                                         

—  How To Vote  —

Please Choose One of the Following Voting Methods

    

Vote In Person: If you choose to vote these shares in person at the meeting, you must request a “legal proxy.” To

    
    

do so, please follow the instructions at www.proxyvote.com or request a paper copy of the materials, which will contain the appropriate instructions. Many shareholder meetings have attendance requirements including, but not limited to, the possession of an attendance ticket issued by the entity holding the meeting. Please check the meeting materials for any special requirements for meeting attendance.

 

    
     Vote By Internet: To vote now by Internet, go to www.proxyvote.com. Have the information that is printed in the box     
     marked by the arrow    è       XXXX XXXX XXXX    available and follow the instructions.        
    

 

Vote By Mail: You can vote by mail by requesting a paper copy of the materials, which will include a voting instruction form.

 

    
                              
                              
                              

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Voting Items                

 

The Board of Directors recommends you vote

    
FOR the following:   

 

1.     To elect two (2) Trustees of the Trust:

  

 

        Nominees

   :   

 

        01)     Mary K. Anstine

  
        02)     Michael F. Holland   

 

NOTE: Such other business as may properly come before the meeting or any adjournment thereof.

     
       
       
       
       
       
       
       

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Voting Instructions

 

    

     
       
       
       
       
       
       

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