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Electric Avenue

Do utility funds turn you off? This one could brighten up your portfolio.

This story appears in the April 1998 issue of Entrepreneur. Subscribe »

It wasn't so long ago that investing in a utility stock was thought to be somewhat ho-hum--reliable, but not at all sexy. Today, a lot has changed. Utility stocks--and the funds that invest in them--now give off quite a spark.

Consult any broker over the age of 50, and he or she will recall a time when utility stocks were considered income-producing investments for ultraconservative folks, such as orphans and widows who couldn't afford to lose any of the dividend income these stocks provided.

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