BlackRock Science and Technology Trust
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 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
50% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 12
37% more repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 30
6% more funds holding
Funds holding: 108 [Q2] → 114 (+6) [Q3]
1.12% less ownership
Funds ownership: 21.3% [Q2] → 20.18% (-1.12%) [Q3]
18% less capital invested
Capital invested by funds: $279M [Q2] → $229M (-$49.8M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for BST.
Financial journalist opinion
Based on 4 articles about BST published over the past 30 days
Positive
Seeking Alpha
6 days ago
BST Trades At A -7.72% Discount To NAV And Yields Around 8%
The BlackRock Science and Technology Trust (BST) offers an 8% yield, trading at a -7.72% discount to NAV, and is poised for capital appreciation. With interest rates declining and a pro-business administration, 2025 is expected to continue 2024's bullish trend, benefiting BST's underlying holdings. Despite BST's underperformance compared to the S&P 500, its lucrative distribution and exposure to big tech make it attractive for hybrid investors seeking income and growth.
Positive
Seeking Alpha
2 weeks ago
Stock Picks From Seeking Alpha's November 2024 New Analysts
Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hershey, and PepsiCo, emphasizing undervalued opportunities, dividend stability, and strategic growth potential. Analysts also spotlighted strong sell recommendations like BlackRock Science and Technology Trust and Luckin Coffee, citing fundamental flaws and competitive disadvantages.
Neutral
Business Wire
3 weeks ago
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.
Neutral
Seeking Alpha
3 weeks ago
BST: Tech Plus Dividend Income Is An Oxymoron
BST's dual mandate of growth and income via covered call writing and a managed distribution plan has led to underperformance, lagging the NASDAQ by 9% YTD. The fund's 8% "dividend yield" is misleading, as it relies on option writing and capital returns, limiting upside and hindering long-term growth. Portfolio changes show increased concentration and a significant rise in Nvidia's weight, highlighting active management's inconsistency compared to passive index trackers.
Positive
Seeking Alpha
1 month ago
My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs.
Neutral
Seeking Alpha
1 month ago
3 Closed-End Fund Buys In The Month Of October 2024
Every month, I put cash to work in my closed-end fund portfolio to help build up cash flow over time. Broader equity markets have continued to perform well for the most part, and discounts narrowing on average for CEFs this year has kept me from wanting to get too aggressive. That said, I think there are still some opportunities for adding and worth putting capital to work more cautiously.
Neutral
Seeking Alpha
1 month ago
BST: Overrated, With Hidden Fundamental Flaws
An 8%+ yield may look attractive initially, but fundamental flaws emerge upon reviewing the fund's financial statements and distribution history. Management has incurred losses on options writing. Return-of-capital distributions and a negative CAGR indicate subpar portfolio management practices. BST has underperformed in terms of capital appreciation compared to other tech-focused ETFs like QQQM. Better alternatives exist, such as STK.
Positive
Seeking Alpha
1 month ago
Need Income? 2 Picks To Pay Your Bills, Yields Up To 8%
Technology evolves rapidly, presenting both opportunities and challenges for investors. Tech companies tend to grow the fastest, but they also fail the fastest; gullible investors can quickly be outpaced, overwhelmed, and burned. We discuss two income-focused picks with up to 8% yields to benefit from all the tech innovation and growth.
Positive
Forbes
1 month ago
BlackRock Is Quietly Boosting These 3 Big Closed-End Funds
One often-overlooked way for closed-end funds (CEFs) to give us a profit boost is for management to buy back a fund's shares.
Neutral
Business Wire
1 month ago
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.
Charts implemented using Lightweight Charts™