BlackRock Science and Technology Trust II Stock News

BSTZ is a BlackRock closed-end fund that invests in the technology sector. The start to the year has been bumpy as major indices are shaken by emerging risks. A growing portion of BSTZ is invested in private companies like Klarna and Databricks.

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 Divid...

My definition of a high yield is any yield at least twice the level of the S&P 500's yield. The threshold is currently around 2.56%.

The BlackRock Science and Technology Term Trust primarily invests in equity and preferred securities of high-growth and technology companies around the world. It also invests up to 25% of its assets in private companies. BSTZ currently offers a highly attractive distribution yield of 16.40% and is currently trading at a reasonable discount of -8%. That said, the fund appears to be overpaying th...

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs wi...

10 out of 22 CEF sectors were positive on price and 5 out of 22 sectors were positive on NAV last week. Herzfeld Caribbean Basin Fund is jumping on the CLO bandwagon. CLM/CRF announces a rights offering.

This month we got some increased market volatility, allowing me to put some of my cash pile to work in my closed-end fund portfolio. I also sold out of two positions, as they were starting to become on the more expensive side in terms of discounts/premiums. Adding to my positions regularly every month increases my cash flow annually, and even every month it grows.

We review the CEF market valuation and performance through the first week of April and highlight recent market action. Nearly all CEF sectors were down; Munis and Agencies saw gains due to the sharp drop in Treasury yields. BlackRock announced new CEF tender offers starting mid-April, impacting funds like BOE, BCX, BGY, BSTZ, and MVF, with a 2.5% share buyback at a 2% discount.