BUI - BUI: Still A Great Option In This Macro Environment

2024-05-03 18:26:27 ET

Summary

• BlackRock Utilities, Infrastructure & Power Opportunities Trust is evaluated as an investment option at its current market price.
• The fund has a discount to NAV, making it an attractive buy.
• BUI provides exposure to European utility and power companies, which could benefit from the strong economic expansion in Europe.

Main Thesis & Background

The purpose of this article is to evaluate the BlackRock Utilities, Infrastructure & Power Opportunities Trust ( BUI ) as an investment option at its current market price. The fund is managed by BlackRock, and its objective is to "provide total return through a combination of current income, current gains, and long-term capital appreciation". BUI does this by investing in equity securities in the Utilities, Infrastructure, and Power sectors and by utilizing an option writing strategy....

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