BUI: Attractive Valuation And Growth Outlook (Rating Upgrade)

I am upgrading BlackRock Utilities Infrastructure & Power Oppty to a buy, given its attractive 2.5% NAV discount and sector positioning. BUI stands to benefit from accelerating AI data center-driven power demand, with 71% of assets in utilities and energy and a 6.3% dividend yield. The fund's elimination of option writing enhances upside participation, supporting stronger earnings and dividend coverage as sector growth persists.