Overview
Description
BlackRock Utilities, Infrastructure & Power Opportunities Trust is a closed-end equity mutual fund focused on delivering a blend of current income and capital appreciation. The Trust primarily invests in equity securities of companies operating within the utilities and infrastructure sectors, which include power generation, energy networks, and related infrastructure worldwide. Portfolio holdings reflect a diverse mix, with substantial positions in firms such as NextEra Energy, National Grid, Williams Companies, Enel, and GE Vernova, among others. It also utilizes equity derivatives, particularly option writing, to enhance income potential. Managed by BlackRock Advisors, LLC since its inception in 2011, the Trust’s investment strategy emphasizes global diversification across various market capitalizations. It maintains an allocation of at least 80% of total assets to equity securities in its target sectors, seeking to capture opportunities presented by long-term structural trends such as energy transition and infrastructure modernization. The fund is actively managed, with a gross expense ratio of 1.08%, and distributes income to shareholders on a monthly basis. Through its specialized sector approach, the Trust plays a significant role for investors seeking exposure to essential service industries and infrastructure development.
About
CEO
Employees
0
Address
50 Hudson Yards
New York, 10001, NY
United States
New York, 10001, NY
United States
Phone
212 810 5300
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS