BSTZ News and Press, BlackRock Science and Technology Trust II of Beneficial Interest From 05/10/20

Written by Nick Ackerman, co-produced by Stanford Chemist BlackRock launched its fund the BlackRock Health Sciences Trust II ( BMEZ ) on January 29th, 2020. Roughly a month before the broader market had hit all-time highs and the COVID-19 crisis-induced selloff began. In hindsight, this ...

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 wo...

Written by Nick Ackerman, co-produced by Stanford Chemist Throughout the massive COVID-19 selloff, Stanford Chemist and I have received several inquiries relating to the bankruptcy of closed-end funds or funds going "bust." As we aren't out of the woods yet with selloff pressures, now mi...

My life has become a four-hour sleep routine in which I get up at 2 a.m. every morning wondering what calamity awaits the markets today. That's a far cry from five weeks ago when I could sleep like a bug-in-a-rug for seven hours and wake up refreshed and ready to face the world. For CEFs i...

Co-produced by Stanford Chemist In a previous piece, we covered why an N-2 filing is important and what this could mean when the 497 was filed. We discussed that the N-2 was when closed-end funds filed a registration for new shares. This ultimately meant that a fund was either conducti...

Co-produced by Stanford Chemist AllianzGI Artificial Intelligence & Technology Opportunities Fund ( AIO ) is a newer tech-focused fund that launched October 31st, 2019. This may be too new for investors that like a bit more of a track record in a fund. With that being said, we are of...

We used to call the fall of 2008 the stupid stage of CEF investor decisions being made, not because investors were stupid to be selling funds at up to -30% discounts during the worst period of the financial crisis from October of 2008 to March of 2009. No, the reason why we called it the s...

InsiderInsights' Daily Round Up articles rate the "Significance" of the Top 10 dollar value insider purchases and sales filed at the SEC on the Title date. Dollar value is only the most basic metric to assess the "Significance" of an insider transaction, however, and often not even the most i...

Co-produced by Stanford Chemist SEC form N-2 is an important form to watch out for when a closed-end fund files with the SEC. This form must be submitted by any CEF when they register to offer shares. This is either through a primary offering or a secondary offering. We had covered this...

This article was first published on December 6, 2019. Price down, NAV up, that's what us closed-end fund investors are looking for. Well, those of us that are buyers and looking to increase our monthly cash flow. Those of us looking to sell are probably of a different mindset. BlackRock ...