ASGI - ASGI And BUI: Still Conservative Still Attractive For 2024
2024-04-08 17:01:50 ET
Summary
- BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) and abrdn Global Infrastructure Income Fund (ASGI) are taking a bit longer to perform with utilities off to a weak start.
- Both funds are trading at attractive discounts to their net asset value per share, making them potential investment options for investors.
- Both funds also provide investors with attractive distributions paid out monthly while employing no leverage through borrowings.
Written by Nick Ackerman, co-produced by Stanford Chemist.
Heading into 2024 , I had an article detailing why I believed that BlackRock Utilities, Infrastructure & Power Opportunities Trust ( BUI ) and abrdn Global Infrastructure Income Fund ( ASGI ) were opportunities for conservative utility/infrastructure plays. As we close out near the first quarter of the year, these plays aren't necessarily working out as hoped....
ASGI And BUI: Still Conservative, Still Attractive For 2024