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BIGZ - BMEZ: Attractive Discount In This Beaten Down Name
BlackRock Innovation and Growth Trust of Beneficial Interest
BMEZ has been getting hit significantly, with the biotech and growth space moving sharply lower.
Despite these pressures, I believe that BMEZ is attractive given its current discount and selloff.
With our recent update on BlackRock Science & Technology Trust II, the fund's distribution is hanging on for now, but we shouldn't be surprised to see a cut before year-end.