BlackRock Science and Technology Trust
BST
Market cap $1.24B

35.77 USD

+0.12

0.34%

At close Oct 7, 4:00 PM EDT

1 day

0.34%

5 days

0.79%

1 month

7.29%

3 months

-7.16%

6 months

-0.25%

Year to date

7.68%

1 year

10.20%

5 years

11.40%

About: BlackRock Science and Technology Trust is a closed-end management investment company. Its investment objective is to provide income and total return through a combination of current income, current gains, and long-term capital appreciation. It focuses on investing, under a normal market condition in equity securities of science and technology companies.

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

40% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 10

4% more funds holding

Funds holding: 104 [Q1] → 108 (+4) [Q2]

12.25% less ownership

Funds ownership: 29.8% [Q1] → 17.56% (-12.25%) [Q2]

17% less capital invested

Capital invested by funds: $278M [Q1] → $230M (-$47.9M) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 39

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Research analyst outlook

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

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Financial journalist opinion

Based on 3 articles about BST published over the past 30 days

BST: 8.5% Yield, Historically Deep Discount

The BlackRock Science and Technology Trust offers an attractive 8.5% yield by investing in tech and science assets, utilizing covered call options. BST's portfolio is heavily weighted in semiconductors and large-cap stocks, with a significant portion overwritten with covered call options. BST's 2024 distributions were entirely from long-term capital gains, with no Return of Capital, offering a tax deferral advantage.

BST: 8.5% Yield, Historically Deep Discount

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

BST's Widening Discount Is Attractive As The Outlook Brightens

BST is a closed end fund that invests in public large cap tech companies and a small portfolio of private, pre-public investments. We discuss critical changes to BST over the past six months, including performance relative to sister fund, BSTZ. Investors seeking stable dividends and large-cap exposure should consider BST, while those preferring private equity and small-cap investments might opt for BSTZ.

BST's Widening Discount Is Attractive As The Outlook Brightens

BST: Interest Rate Cuts Serve As Positive Catalyst

BST provides high-yielding income from the tech sector, offering a sizeable dividend yield of 8.7%. The fund currently trades at a discount to net asset value of 6.7%, presenting an attractive opportunity for investors to accumulate shares. BST's price movement is influenced by interest rates, with potential future rate cuts serving as a positive catalyst for the fund's underlying assets and NAV growth.

BST: Interest Rate Cuts Serve As Positive Catalyst

4 Closed-End Fund Buys In The Month Of July 2024

Every month, I add or initiate new positions in my closed-end fund portfolio. This creates a snowball of growing monthly cash flow over time. With the market continuing to perform well at/near all-time highs, letting some cash build up also doesn't hurt.

4 Closed-End Fund Buys In The Month Of July 2024

I Love Monthly Income: 3 Buys Up To 12% Yields

Whether during your career or in retirement, greater payment frequency brings flexibility in budgeting. Monthly dividends allow for quick reinvestment and efficient compounding. Three monthly paying securities were discussed with yields up to 12%.

I Love Monthly Income: 3 Buys Up To 12% Yields

BST: Tech With An Attractive Monthly Distribution

BST has been performing better but is still showing losses over the last three years. The fund is focused more on relatively larger cap technology companies, but has a sleeve of private investments as well. BST offers a distribution yield of 8.29%, which is generated through capital gains in the underlying portfolio and the covered call strategy.

BST: Tech With An Attractive Monthly Distribution

BST: A Strong Cocktail Of Small Caps, AI, And Dividends

Finding an investment that provides both growth and income can be challenging, especially one that holds the big AI players. As a solution, BlackRock Science and Technology Trust can provide both capital appreciation and monthly income. Moreover, the BST CEF should benefit from the appreciation in small-cap stocks as the Federal Reserve loosens monetary policy.

BST: A Strong Cocktail Of Small Caps, AI, And Dividends

BST: Covered-Call Tech Has Performed Well, Eyeing Risks

The BlackRock Science and Technology Trust is a top-performing closed-end equity fund with a unique approach to investing in tech stocks. The fund's performance is heavily dependent on the future interest rate environment and potential shifts in investor preferences with the US election in the offing. BST offers exposure to current and emerging leaders in the technology sector, but uncertainties surrounding rates and market trends warrant a hold rating.

BST: Covered-Call Tech Has Performed Well, Eyeing Risks

These 8% Dividends Are The Wallflowers Of The Investment World

I've dedicated my career to closed-end funds (CEFs) because in a way, these high-yield investments saved my life: Using these funds to get an 8% income stream from my portfolio gave me the confidence I needed to quit my academic job well over a decade ago.

These 8% Dividends Are The Wallflowers Of The Investment World

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