BST News and Press, BlackRock Science and Technology Trust of Beneficial Interest From 08/06/21

The IHS Markit Global Sector PMI™ signalled sustained strong recovery for the global economy, led by the consumer services sector. Basic Materials sector output growth eased for a second straight month to land in the last position of the eight sector groups we track in the glob...

While the size of the listed CEF universe pales in comparison to open-end mutual funds or ETFs, CEFs offer investors several potential benefits that are often overlooked. CEFs can offer access to high-growth private markets in an investor-friendly structure. Unlike mutual funds an...

Capital expenditure expectations appear to have recovered from pre-pandemic levels in most major regions and are trending upwards according to analyst estimates. For the U.S. index, the 12-month forward capital expenditures estimate is currently $885.6 billion, up 13.8% year-over-year...

Tech startups are establishing new records almost constantly, in terms of both the total number of startups taking place as well as the quantity of money supporting the new firms. The force creating this startup explosion is Federal Reserve actions, as the Fed's largess has provided n...

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promise high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market...

BlackRock Science and Technology Trust (NYSE: BST) (the "Trust") today announced the successful completion of its transferable rights offer (“the Offer”). The Offer commenced on June 18 th , 2021 and expired on July 14 th , 2021. The Offer entitled rights holde...

Global PMI signalled regional divergence deepening. Delta variant driven divergence aggravates as price pressures ease. Divergence in growth performance carries key risks, including for emerging market assets. For further details see: Delta Variant Spread Poses Key Risks...

A total of 6 funds added this month means it was a more active month of buying than the prior. Two of the funds, however, came as a result of swapping one for another for different opportunities. 4 funds make a new addition to my portfolio (EVG, GLQ, GLV and FFC), though FFC I've ...

Do yourselves a favor and swap out of the Gabelli Multimedia fund (GGT) at a 23%-plus premium and into the BlackRock Science & Technology fund (BST) at a discount. What do they have in common?  Besides both being growth & technology CEFs, although with different growth st...

For the eighth month in a row, equity CEFs on average posted positive returns, rising 1.34% on a NAV basis for June. While for the fourth month running fixed income CEFs posted plus-side returns (+0.85%). Thirty-two percent of all CEFs traded at a premium to their NAV, with 31% of...