BUI News and Press, BlackRock Utility Infrastructure & Power Opportunities Trust From 08/25/20

Author's note: This article was released to members on August 19, 2020. Please check latest data before investing. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well...

Competitive pricing across the southeast U.S. would save customers a combined $384B through 2040 and lead to the retirement of most coal plants and gas peakers in the region by 2040, says a new report from Energy Innovation and Vibrant Clean Energy that makes the case for a fully competi...

With the US 10-year Treasury rate still within striking distance of its all-time low of 0.54% from March, the search for yield has intensified for income seekers. Investors have historically turned to energy infrastructure and utilities for their high income, and while these sectors share many...

Written by Nick Ackerman, co-produced by Stanford Chemist To continue with the BlackRock sector-focused funds, we still have three funds that BlackRock offers fitting this category. Previously we covered the tech and healthcare-focused funds, this piece will be dedicated to their utility...

Written by Nick Ackerman, co-produced by Stanford Chemist There is no doubt, this has been a wild year. The COVID-19 panic had induced quite a volatile market heading into March. This was after such a strong start to a year with the broader markets hitting all-time highs on February 19th...

Main Thesis 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. This was a fund I strongly recommended during the sell-off, and its return has been impressive. Lo...

PG&E ( PCG +1% ) is upgraded to Overweight from Equal Weight at Barclays as part of an improved outlook for the utilities sector ( XLU -2.5% ), saying the market is "under-appreciaing and mispricing "the stability and visibility of utility earnings earnings during the COVID-19...

(This is our Weekly Commentary from May 3. All data is from that date. We send out our Weekly Commentaries every Sunday evening). Macro Picture Equities ended the week mixed although the last two days were fairly weak, ending on a dour note. There's clearly a tug of war going on as inves...

Electricity demand in the U.S. last week sank to a 17-year low as businesses closed and travel was restricted to try to slow the spread of the coronavirus, according to the Edison Electric Institute trade group. More news on: Utilities Select Sector SPDR ETF, Reaves Utility Income Fund, ...

Written by Nick Ackerman, co-produced by Stanford Chemist Throughout the massive COVID-19 selloff, Stanford Chemist and I have received several inquiries relating to the bankruptcy of closed-end funds or funds going "bust." As we aren't out of the woods yet with selloff pressures, now mi...