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....
Read the full article on Seeking Alpha
For further details see:
ASGI And BUI: Still Conservative, Still Attractive For 2024