BlackRock Utilities, Infrastructure & Power Opportunities Trust Business Summary

BlackRock Utilities, Infrastructure & Power Opportunities Trust (BUI) is a closed-end management investment company that generates revenue through a combination of dividend and interest income, realized capital gains, and premiums from a strategic option-overwriting program. The Trust operates primarily through three business segments: Utilities, Infrastructure, and Power Opportunities, maintaining a mandate to invest at least 80% of its total assets in equity securities within these essential services sectors globally. Its revenue model is further supported by a management fee of approximately 1.00% on net assets. BUI competes directly with other specialized closed-end funds such as the Reaves Utility Income Fund (UTG), Cohen & Steers Infrastructure Fund (UTF), and DNP Select Income Fund (DNP). Within this landscape, BUI distinguishes itself by utilizing a non-leveraged approach and a systematic call-option writing strategy to enhance distributions and mitigate volatility in the global power generation value chain. The Trust is managed by BlackRock Advisors, LLC and led by John M. Perlowski, who serves as President and Chief Executive Officer of the fund complex. The day-to-day investment operations are spearheaded by a seasoned portfolio management team including Alastair Bishop, a Managing Director in BlackRock’s Natural Resources & Thematics team, and Lindsay Sinclair, a Vice President specializing in fundamental equities and energy transition. Governance is provided by a centralized Board of Trustees for BlackRock’s closed-end funds, currently chaired by R. Glenn Hubbard, a former Chairman of the U.S. Council of Economic Advisers. Notable board members and key BlackRock leadership associated with the Trust's oversight include BlackRock co-founders Laurence D. Fink (Chairman and CEO) and Robert S. Kapito (President), alongside Adebayo Ogunlesi, Chairman of Global Infrastructure Partners and a member of BlackRock’s Global Executive Committee.