BlackRock Utilities, Infrastructure & Power Opportunities Trust
BUI
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- John Perlowski
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 55 East 52nd Street New York City NY United States of America 10055
- IPO Date
- Nov 23, 2011
- CIK
- 0001528988
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI) is a closed-end management investment trust sponsored by BlackRock Advisors, LLC. The Trust seeks to provide high current income and secondarily long-term capital appreciation by investing primarily in equity and debt securities of utilities and infrastructure companies; power and energy infrastructure companies, including electric utilities, independent power producers, renewable energy companies, gas utilities, water utilities, diversified telecommunication services, multi-utilities, pipeline companies, and other infrastructure-related companies; and other investments that provide infrastructure-like characteristics, such as data center REITs and other real estate investment trusts. It employs an investment approach that emphasizes high current income-generating securities with a focus on dividend-growing equities and fixed-income securities rated investment grade or higher; utilizes leverage through bank borrowings and preferred shares to enhance returns; and maintains a portfolio with exposure to global markets, including the United States, Europe, and select emerging markets. The Trust was established in 2004 and is headquartered in Wilmington, Delaware, with investment management based in New York. It targets institutional and retail investors seeking yield from essential services sectors, operating globally with a diversified portfolio across North America, Europe, Asia-Pacific, and Latin America. In recent developments, the Trust announced a change to its name from BlackRock Utility, Infrastructure & Power Opportunities Trust, reflecting an evolution in its investment focus; continued its strategy of periodic share repurchases to manage discount to net asset value, with activity noted in 2024-2025; and benefited from BlackRock's broader infrastructure initiatives, including strategic partnerships in renewable energy and data infrastructure amid the energy transition. No major acquisitions or funding rounds were reported for the Trust itself, as it operates as a fund with ongoing capital market access through its closed-end structure.