BUI

DPG: A Backdoor Way To Play AI

Duff & Phelps Utility and Infrastructure Fund Inc offers an 8.20% yield, invests in common equities, and could benefit from the utility sector's growth. The fund has outperformed the S&P 500 Index and utility sector. Generative AI is likely to lead to a massive increase in electricity consumption, which will benefit utilities in the fund. The DPG closed-end fund's distribution yield is just above the peer median, making it a decent option for an income portfolio.

Weekly Report: what happened at BUI last week (0715-0719)?

UTG: Utility Fund With 8% Plus Income For The Long Term

Reaves Utility Income Trust is a Utility sector-specific closed-end fund that invests in utilities and communication companies. The fund currently provides a reasonable yield of 8.0% plus and uses a moderate level of leverage. UTG has a decent long-term record but has performed poorly recently. There are tailwinds that will likely help this fund going into 2025.

Weekly Report: what happened at BUI last week (0708-0712)?

BUI: Quality Utility And Infrastructure Fund With 6.5% Income

BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) is a closed-end fund that invests globally in utilities and infrastructure companies. The fund currently yields 6.50% without using any leverage and offers almost no discount. BUI has a decent long-term record of performance but has performed poorly recently.

Weekly Report: what happened at BUI last week (0701-0705)?

BlackRock Utilities, Infrastructure & Power Opportunities Trust declares $0.121 dividend

BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) declares $0.121/share monthly dividend. Forward yield 6.55% Payable July 31; for shareholders of record July 15; ex-div July 15. BlackRock utilities, infrastructure & power opportunities trust.

Press Release: Certain BlackRock Closed-End Funds Announce Tender Offer in Conjunction with Results of the Quarterly Measurement Period of their Discount Management Programs