BSTZ News and Press, BlackRock Science and Technology Trust II of Beneficial Interest From 03/20/22

BST is a closed end fund managed by BlackRock that invests primarily in science and technology companies. Recent market routs have caused steep losses as both share price and net asset value remain well off of all-time highs. The fund includes a variety of investments in private c...

I've added three different positions that presented a reasonably attractive opportunity. Two of the three positions have less exposure to the global markets but have been hit with broader volatility just the same. Every month, I add to my positions or buy new positions in my portf...

NBXG's discount has widened out to over 16% as the tech wreck puts significant pressure on shares. Tech could continue to be under pressure with higher interest rates, but I think for longer-term investors, things are starting to get interesting here. The fund pays a monthly distr...

Today, we are looking at how to tell if a fund might be paying a sustainable distribution or not. We use several examples covering both fixed-income and equity funds to help highlight their differences. Overall, fixed-income funds are more straightforward to analyze than equity fu...

There are several reasons why closed-end funds can pay higher distribution yields to investors. Closed-end funds can invest in more complex investments and include leverage or other strategies to help generate higher yields. These more stable payouts from these funds can be a mass...

Reducing the tax obligation of an investor can mean greater returns when more of that cash is kept. When looking through closed-end funds, you will run across many funds that are tax-friendly. These are often equity funds to receive qualified dividends and long-term capital gains;...

Return of capital is often misunderstood as always being a bad thing when showing up in the tax character of distribution. However, there is a significant benefit to return of capital for those held in a taxable account as a way to defer tax obligations. These can be deferred pote...

It has been a rocky start to a new year, but with ~11 months to go, just about anything could happen. It is impossible to know if the bottom is in, but the last two trading days of the month provided some optimism. If an investor was sitting on some cash, January seemed like a fin...

BST and BSTZ were two popular tech fund darlings, with recent losses investors are rightfully concerned. The two funds share many similarities, but we can also see the differences once you dig a bit deeper. Both funds provide attractive distribution yields that I believe will be m...

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...