BlackRock Utilities Infrastructure & Power Opportunities Trust

BlackRock Utilities, Infrastructure & Power Opportunities Trust is a non-diversified, closed-end management investment company. The company's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. It invests primarily in equity securities issued by companies that are engaged in the Utilities and Infrastructure business segments. The company was founded on August 25, 2011 and is headquartered in Wilmington, DE.

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1 out of 22 CEF sectors positive on price and 0 out of 22 sectors positive on NAV last week. Senior loans lead while real estate lags.

Weekly Closed-End Fund Roundup:  February 12, 2023

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Calamos Convertible And High Income Fund

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We have now closed on the first month of the new year, but my strategy of buying every month hasn't changed. The new year has started off with a bang, with the broader indexes jumping higher.

Kicking Off The New Year With 7 Closed-End Fund Buys In The Month Of January 2023

Utilities are a great sector for retirees to invest in, but their yields are incredibly low because of today's richly-valued market. BlackRock Utility & Infrastructure Trust provides investors with access to a portfolio of utilities and other similar companies and provides a respectable yield.

BUI: This Utility Fund Is Worth Watching, But It Is Currently Too Expensive

Central Securities

Eaton Vance Risk-Managed Diversified Equity Income Fund

Barings Corporate Investors

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market. For these reasons, they are not suited for everyone.

5 Best CEFs To Buy This Month (January 2023)

Renaissance IPO ETF

Closed-end funds (CEFs) are a popular way to generate high-yielding diversified portfolios for income-focused investors. CEFs are a type of mutual fund.

Should You Use Closed-End Funds to Boost Your Income Portfolio?

BlackRock Science & Technology

DoubleLine Income Solutions Fund

First Trust / Aberdeen Emerging Opportunity Fund

Cohen & Steers Closed-End Opportunity Fund

Gabelli Multimedia Trust

Nuveen Core Equity Alpha Fund

Nuveen California Select Tax-Free Income Portfolio

Pimco California Municipal Income Fund II

PCM Fund

PIMCO Corporate & Income Strategy Fund

Pimco California Municipal Income Fund

Pimco Municipal Income Fund

Pimco Municipal Income Fund II

21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector.

Weekly Closed-End Fund Roundup: January 8, 2023

I shifted to a more neutral/cautious stance on BUI back in August for a number of reasons. In hindsight, this prudence was rewarded. BUI's drop in the interim has opened up a more reasonable entry-point. The fund sits at a healthy discount to NAV and I am drawn to some of the defensive names in the portfolio.

BUI: Patience Paid Off

BUI is an equity fund focusing on utilities, infrastructure and power - as its name implies. Instead of incorporating leverage into its strategy to boost potential returns, it utilizes a call writing strategy.

BUI: Options Writing Helps Distribution Coverage

BUI is a globally diversified utility focussed CEF that looks appealing to income seeking investors as the economy continues to weaken. BUI paid steady payout and generated strong enough yield, and has been successful in sailing through the pandemic and interest rate hikes.

BUI: Steady Payout And Strong Yield, Faces Risk Of Extended War In Ukraine

Utilities and other infrastructure companies have long been favorites of income investors due to their stability and generally high yields. BUI invests in a diversified portfolio of these companies that appears to be reasonably solid.

BUI: This 7.27%-Yielding Fund May Be Worth Considering

BUI has performed well since my last review when I gave it a buy rating. However, it has shown some weakness compared to the broader Utilities index. With inflation remaining high and Fed rate hikes set to continue in September, I believe a more cautious approach is warranted here.

BUI: Not Appealing At Current Market Price

BUI is a non-leveraged fund, which can be more appropriate for investors looking to reduce risks in this volatile market. The fund has exposure to mostly utilities, but industrials and energy also make up a meaningful allocation.

BUI: Non-Leveraged Utility Fund Dipping Into A Discount

Reaves Utility Income Fund

Markets present you with choices and sometimes they can be gifts. While we thought utilities had got overvalued, we did not expect such a rapid reset.

UTG Moves To Hold, BUI To A Buy

We have generally held utilities in high esteem as they showed a reasonable promise of returns alongside decent valuation.

UTG Moves To A Sell, BUI To A Hold

DNP Select Income Fund Inc

Duff & Phelps Global Utility Income Fund Inc

Gabelli Global Utility & Income Trust

MainStay CBRE Global Infrastructure Megatrends Fund

Macquarie/ First Trust Global Infrastructure/ Utilities Dividend & Income Fund

Cohen & Steers Infrastructure Fund Inc

Utilities Select Sector SPDR Fund

Several of the utility/infrastructure funds in the CEF space are pretty popular. The utility and infrastructure space can be a good fit for a CEF portfolio, providing steady income through regular cash flow due to being necessary for everyday life.

Closed-End Funds: A Check On The Utility/Infrastructure Space

BUI is in correction territory. While plenty of risks still abound, I see these levels as a chance for some opportunistic buying.

BUI: A Decent Buy Here, But It Has Risks

BlackRock Health Sciences Trust II

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

New American High Income Fund

Cohen & Steers Quality Income Realty Fund

It has been a rocky start to a new year, but with ~11 months to go, just about anything could happen.

8 Closed-End Funds Bought During January's Rocky Start

BUI is a solid position for any income investor, delivering stable monthly payouts to investors month after month. The fund invests mainly in the utility sector but also has some meaningful exposure to the capital goods/industrials sector with a dash of energy.

BUI: 5.95% Distribution Yield From A Solid Fund

Two weeks ago we gave a sell rating for the Utilities sector. So far, this has proven to be spot on. Nonetheless, one of the readers of the original article has asked us whether two utility (closed-end) funds can, perhaps, make the cut.

BUI Vs. UTG: Looking For A Diamond Fund In The Utility Rough

We examined BUI for the first time last December.

BUI Wins Over UTG In Our Books

Liberty All-Star Growth Fund

BlackRock 2022 Global Income Opportunity Trust

Cornerstone Strategic Value Fund Inc

Cornerstone Total Return Fund Inc

BNY Mellon Municipal Bond Infrastructure Fund, Inc. 

Angel Oak Financial Strategies Income Term Trust

General American Investors

GGM Macro Alignment ETF

Gabelli Go Awhr Registered Shs

Guggenheim Strategic Opportunities Fund

Guggenheim Enhanced Equity Income Fund

Highland Income Fund

Western Asset Investment Grade Defined Opportunity Trust

Nuveen Diversified Dividend And Income Fund

Nuveen Tax-Advantaged Total Return Strategy Fund

Nuveen Tax-Advantaged Dividend Growth Fund

Barings Participation Investors

Mexico Equity & Income Fund Inc

Nuveen Municipal Value Fund Inc

15 out of 24 CEF sectors positive on price and 6 out of 24 sectors positive on NAV last week. PCF and RIV rights offering results.

Weekly Closed-End Fund Roundup: PCF, RIV Rights Offering Results, Guggenheim Mergers Completed (November 14, 2021)

Virtus AllianzGI Diversified Income & Convertible Fund

Virtus Artificial Intelligence & Technology Opportunities Fund

Blackrock Core Bond Trust

Blackrock Health Sciences Trust

Calamos Dynamic Convertible & Income Fund

BlackRock Enhanced Capital and Income Fund

Calamos Strategic Total Return Fund

Flaherty & Crumrine Dynamic Preferred & Income Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Gabelli Dividend & Income Trust

John Hancock Tax-Advantaged Dividend Income Fund

Nuveen Select Tax-Free Income Portfolio

PIMCO Dynamic Income Fund

John Hancock Premium Dividend Fund

Cohen & Steers Select Preferred and Income Fund

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.

CEF Focus Investing - My Rule Of Thumb In Action

BUI has seen some weakness, while the broader market continues to post gains. I view this as a buying signal, albeit a cautious one. The fund should be a good hold if rates don't rise and the market sees some volatility. The covered call strategy can thrive in this backdrop.

BUI: It Dropped, So I Bought Some - But Just A Little

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China Fund

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Gabelli Equity Trust

New Germany Fund

India Fund Inc

CBRE Global Real Estate Income Fund

Virtus Dividend Interest & Premium Strategy Fund

Virtus AllianzGI Equity & Convertible Income Fund

Cohen And Steers Total Return Realty Fund

Royce Micro-Cap Trust

Royce Value Trust

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.

5 Best CEFs To Buy This Month (August 2021)

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.

BUI: Positioned To Profit Off Growth In Renewables

News for BlackRock Utilities Infrastructure & Power Opportunities Trust ETF (BUI)