BlackRock Health Sciences Trust
BME

$41.15

0%

Market Cap: 574M

About: Blackrock Health Sciences Trust has an investment objective to provide total return through a combination of current income, current gains, and long-term capital appreciation. The Fund invests 80% of its total assets in equity securities of companies engaged in the health sciences and related industries and equity derivatives.

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Funds holding %

of 6,702 funds

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Analysts bullish %

0

News positive %

of 4 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

6% more capital invested

Capital invested by funds: $117M [Q4 2023] → $124M (+$7.41M) [Q1 2024]

1.38% more ownership

Funds ownership: 22.94% [Q4 2023] → 24.32% (+1.38%) [Q1 2024]

5% more repeat investments, than reductions

Existing positions increased: 22 | Existing positions reduced: 21

0% more funds holding in top 10

Funds holding in top 10: 1 [Q4 2023] → 1 (+0) [Q1 2024]

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

1% less funds holding

Funds holding: 71 [Q4 2023] → 70 (-1) [Q1 2024]

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Research analyst outlook

We haven’t received any recent analyst ratings for BME.

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Financial journalist opinion

Based on 4 articles about BME published over the past 30 days

BME: An Attractive Discount On This Healthcare CEF

BlackRock Health Sciences Trust (BME) offers exposure to the healthcare space while also utilizing a covered call strategy. BME's discount has narrowed since our last update but remains attractive, with the potential for attractive returns going forward. BME's distribution yield may be more modest than other CEFs, but that has helped it boast of never having to cut the regular distribution and helped it provide some capital.

BME: An Attractive Discount On This Healthcare CEF

BlackRock's Global ETF AUM Hits $4T

BlackRock's Global ETF AUM reached $4T for the first time this week. Jay Jacobs discusses his company's launch of the iShares Manufacturing ETF under the ticker “MADE."

BlackRock's Global ETF AUM Hits $4T

BME: Future Interest Rate Cuts May Be A Catalyst

BlackRock Health Sciences Trust trades at an attractive discount to net asset value. The dividend yield of 6.1% remains supported from net investment income. Some weakness revolves around the use of return of capital, however. Future interest rate cuts may serve as a price catalyst. Inflation continues to cool while the unemployment rate ticks upward.

BME: Future Interest Rate Cuts May Be A Catalyst

BME: Quality Healthcare Fund With 6% Income And An Attractive Discount

BlackRock Health Sciences Trust is a healthcare sector-specific closed-end fund that invests in a fairly diversified portfolio of common stocks in the healthcare sector. It currently provides a reasonable yield of 6.3% plus an attractive discount of close to -8% (below NAV). The BME closed-end fund has a very decent long-term record of nearly 19 years, matching and even exceeding the performance of the S&P 500. However, the recent near and midterm performance has been lackluster.

BME: Quality Healthcare Fund With 6% Income And An Attractive Discount

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock Funds previously declared their June distributions on May 20, 2024 BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) previous.

Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008

Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisit the six funds that have inceptions prior to the 2008/09 Global Financial Crisis that have still never cut their regular distributions. A long history of no-cuts can be important for income-focused investors, but we also examine coverage and valuations to determine whether they are worth exploring further.

Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008

5 Closed-End Fund Buys In The Month Of April 2024

April turned out to be a little more exciting, with the broader equity market pulling back. This helped to create some added volatility that saw discounts widen in some closed-end funds. Every month I put some money to work in an effort to grow my monthly cash flow over time.

5 Closed-End Fund Buys In The Month Of April 2024

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.

Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions

BME: Discount Widens Substantially Creating An Opportunity

BlackRock Health Sciences is trading at a discount not seen since the Global Financial Crisis, creating a potentially strong opportunity at this time. BME is a healthcare-focused fund with a stable underlying portfolio that employs a covered call writing strategy. BME's distribution has never been cut since its inception going back to 2005, and despite some softer performance, it doesn't look at risk either.

BME: Discount Widens Substantially Creating An Opportunity

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