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BSTZ - Bear Market Thoughts: Distribution Cuts

Written by Nick Ackerman, co-produced by Stanford Chemist

We are continuing to navigate a volatile environment. Most are quite aware of the risks of the distribution cuts that will be coming down the pipeline shortly. We have already begun seeing cuts from some of the funds in the CEF world. These have mostly been held to the MLP and energy-focused funds so far. However, we are starting to see the CLO funds also having to implement cuts. It is nearly impossible to know exactly what funds are going to be cutting. Though, we can take

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Stock Information

Company Name: BlackRock Science and Technology Trust II of Beneficial Interest
Stock Symbol: BSTZ
Market: NYSE
Website: blackrock.com/us/individual/products/308764/

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