BlackRock Science and Technology Trust

BST

Market cap $1.44B

For those who adopt a dividend strategy, having a “thermometer” with which to measure the real performance of our stocks is an immense advantage. This thermometer is NAV, a simple line on a graph that anyone can observe and understand without the need for calculations or interpretations. If it grows over the years, it means that the security earned its distributions: if it goes down, it means that it paid them at the expense of NAV.

BlackRock Science and Technology Trust offers high technology exposure and a 7% yield via a covered call strategy. BST's concentrated portfolio includes major AI players like NVDA, MSFT, and AAPL, benefiting from surging CapEx in the tech sector. The fund trades at a 4.95% discount to NAV, presenting a potential value opportunity given its strong historical returns and monthly distributions.

BlackRock Science and Technology Trust trades at a -5.07% discount to NAV, offering a 7.22% yield in a declining rate environment. BST's portfolio is positioned to benefit from lower interest rates, with strong growth prospects from top technology holdings and private companies like Anduril. The fund's consistent distribution history and capital appreciation potential make BST attractive compared to risk-free assets, especially as yields on cash decline.

BlackRock Science and Technology Trust remains a buy due to its attractive valuation, 7.2% yield, and monthly tax-efficient distributions. BST's portfolio is heavily weighted toward US tech, with top holdings like NVDA, MSFT, and AAPL, and uses an OTM option-writing strategy. BST trades at a 6.1% discount to NAV, but reliance on leverage and high rates limits capital appreciation versus QQQ, especially in rising rate environments.

I like to build multiple income streams for lasting retirement flexibility. Certain essential sectors don't pay dividends; but I find ways to extract my cut. We discuss two picks offering yields of up to 11%.

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.

Dividends or Capital Gains? You can choose both. Actively managed funds can help secure steady income from sectors that don't pay dividends. We discuss our picks to draw recurrent cash flows from AI and Energy.

Dividend Harvesting Portfolio Week 233: $23,300 Allocated, $2,478.50 In Projected Dividends

Caring about dividends can increase our returns, but caring about NAV can save our portfolio. Return and NAV protection must go hand in hand, because there can be no sustainable return without protecting the value of the underlying assets. As far as I am concerned, the way to protect my portfolio is to favor only securities with a positive NAV over time.

With the month of July closing out, we are once again seeing the broader equity markets pushing to new all-time highs. As we enter into new all-time highs, we appear to be looking quite stretched on valuations, and CEF discounts have been narrowing.