BlackRock Utility and Infrastructure Trust (BUI)
BUI Price and Sentiment
BUI Latest news
A reliable selection criterion for building a portfolio of funds that are likely to produce above-average returns over the long haul is the goal of every CEF investor. For me, the flexible combination of a positive NAV since inception, discount on NAV, and leverage represents a practical rule of thumb for long-term CEF investing.
BUI: It Dropped, So I Bought Some - But Just A Little
NEW YORK--(BUSINESS WIRE)--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Black
The latest Semi-Annual Report is now available for the period ending April 30, 2021. UTG is my fourth largest holding, so I have high conviction in the name.
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns.
Utilities and infrastructure companies tend to enjoy stable cash flows, which should appeal to those investors seeking income. BUI invests in a portfolio of these along with renewable energy producers.
We recently touched on rights offerings and tender offers, and today we'll discuss at-the-market offerings.
2021 has been a fairly exciting year with the indexes racing ever higher.
BUI is BlackRock's offering in the utility space. The fund utilizes an options strategy.