BSTZ News and Press, BlackRock Science and Technology Trust II of Beneficial Interest From 02/01/22

BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Capital Allocation Trust (NYSE: BCAT), and Blac...

CEFs may be more susceptible to tax loss selling given they trade on a stock exchange and market prices (investor return) can deviate from underlying NAVs (fund return). Additionally, CEFs typically provide income to shareholders through monthly distributions. These dynamics may creat...

I put some capital to work through the month of November in 5 different funds. Black Friday wasn't just a day for shoppers in physical stores, but with the stock market decline, investors got a chance to snag some values too. The Omicron variant of COVID puts uncertainty in the ma...

The Omicron variant is here—what does it mean for us dividend investors? Simple—we’ll simply do the same thing we did the last time COVID spooked markets: buy tech-focused closed-end funds (CEFs) with huge payouts! Members of my CEF Insider service w...

BCAT was launched in September of 2020; the fund has moved to an attractive discount. On a NAV basis, the fund has performed reasonably well over the last year; that is what has opened up the attractive discount in the first place. The fund launched with a monthly distribution of ...

Management raised the monthly payouts again in October by ~10%. It's selling a much cheaper NAV discount vs. its historical averages. The article also covers BSTZ, which is also selling at a discount. Management also raised its monthly dividends twice in 2021. We compare BST and B...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of six limited term BlackRock closed-end funds (the “Funds”) have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurc...

NBXG launched earlier this year, and it's time to revisit; they have provided a more in-depth look into their holdings. Since its launch, the fund's NAV has increased as we get the usual share price slump. This divergence sets us up for the classic discounts we often look for in t...

BlackRock is seeking to generate income and provide access to private markets using the “closed” fund structure. Closed-end funds have long been used for their income potential - for example, the average closed-end fund yields 6.3% 1 . Unlike other daily liquid funds, ...

BSTZ is a closed-end fund managed by BlackRock that utilizes a technology and science focused strategy to produce total return. The fund has a forward yield of 5.4% and has outperformed the equity markets since inception. BSTZ currently trades at an attractive valuation opening an...