BlackRock Science and Technology Term Trust

BSTZ

Market cap $2.09B

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.

The BlackRock Science and Technology Term Trust (NYSE:BSTZ) is an unusual tech vehicle: a closed-end fund with a 2031 liquidation date, an expense ratio near 1.4%, and over 30% of its portfolio invested in private, pre-IPO companies.

The time has come to make a move on this software-stock selloff. And we're going to use our favorite income plays—closed-end funds (CEFs)—to do it.

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.

BlackRock Science & Technology Term Trust (NYSE:BSTZ) is a closed-end fund with a fixed expiration date, a covered call overlay, and more than 30% of its portfolio locked in private, pre-IPO companies that most investors cannot access through a brokerage account.

AI is making real money—I'm talking about $30 billion in revenue for just one leading AI firm.

BlackRock Science and Technology Term Trust (NYSE:BSTZ) has attracted income-focused investors with a yield that has ranged between 8% and 12% depending on when you bought it.

BlackRock Science & Technology Term Trust (NYSE:BSTZ) is a closed-end fund (CEF) that combines a venture-stage technology portfolio with a covered call writing strategy to deliver monthly income.

BSTZ has dramatically shifted its portfolio, now heavily concentrated in private, illiquid technology and AI investments. BSTZ's private assets, including Anthropic at 15% of holdings, now comprise nearly half the portfolio, heightening liquidity and valuation risks. Distribution and management changes, along with increased private exposure, have altered BSTZ's risk profile and diverged from its original mandate.

BlackRock Science and Technology Term Trust (NYSE:BSTZ) has gained 57.79% over the past year, with shares recently touching $23.92.