BUI News and Press, BlackRock Utility Infrastructure & Power Opportunities Trust From 06/02/21

The largest U.S. power grid operator says it procured resources in its capacity auction for 2022-23 at $50/MW-day, 64% lower than the $140/MW-day set in the most recent auction in 2018.PJM Interconnection, which serves more than 65M people between New Jersey and Illinois, says prices in this ...

BUI is BlackRock's offering in the utility space. The fund utilizes an options strategy. The strategy can make it relatively more conservative compared to its peers that often use leverage in the closed-end fund space. The fund has been able to perform well, despite not trying to ...

I often advocate the Utilities sector as a smart way to diversify, play defense, and generate income. Within this space, BUI is one of my preferred funds. Despite having a good showing in 2021, I have turned more cautious on this investment option. The fund's premium has exceeded my c...

Tying together our previous coverage of mistakes and misunderstandings related to taxes. We now dive into the benefits (or not beneficial) of the different tax breakdowns. Taxes can be as unique as investors' investment approach, meaning that they can be highly individualized for ...

President Biden this week will pledge to cut U.S. greenhouse gas emissions at least in half by 2030, the Washington Post reports, as he convenes a virtual summit of world leaders Thursday aimed at re-establishing the U.S. as a leader in the effort to fight climate change.The expected pledge w...

The U.S. power industry would comply with a proposed requirement that it eliminate carbon emissions by 2035, but it must be allowed flexibility on how to achieve the goal and the ability to miss compliance deadlines that prove unrealistic, says the Edison Electric Institute lobby group.The in...

There are three primary things that I see a lot of newer CEF investors get hung up on; return of capital, section 19a and data aggregators distribution classifications. All three of these have to do with the tax character of the distributions and the mistakes that can be made. The...

Global stocks rose in the first quarter, but volatile trading patterns reminded investors that the road to normal will be bumpy. Solid market gains masked rapidly changing market conditions. Perhaps the biggest overriding risk that surfaced in early 2021 is the power of a sentimen...

BUI has distributed 12.1 cents a month since its switch to monthly distributions in 2014. This is an attractive income stream if the distribution can be supported. I continue a series where I examine CEFs beyond the yield with a look at BUI which is in the utility sector. With a y...

For US Treasury investors, the starting place for inflation today is tough-there's not enough inflation-adjusted yield to cushion the pain. Treasury inflation-protected securities and similar inflation-linked bonds globally will outperform comparable-maturity Treasury bonds if inflati...