BlackRock Innovation and Growth Term TrustBIGZ
BIGZ
About: BlackRock Innovation & Growth Tr is a non-diversified, closed-end management investment company. The Trust's investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation. The Trust's adviser focuses on mid- and small-capitalization growth companies that are "innovative.".
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
1% less capital invested
Capital invested by funds: $737M [Q2] → $732M (-$5.56M) [Q3]
2.44% less ownership
Funds ownership: 45.64% [Q2] → 43.2% (-2.44%) [Q3]
9% less funds holding
Funds holding: 117 [Q2] → 107 (-10) [Q3]
42% less repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 55
45% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 20
50% less funds holding in top 10
Funds holding in top 10: 2 [Q2] → 1 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for BIGZ.
Financial journalist opinion
Based on 3 articles about BIGZ published over the past 30 days
Neutral
Business Wire
6 days ago
BlackRock Announces Changes to BlackRock Innovation and Growth Term Trust (BIGZ)
NEW YORK--(BUSINESS WIRE)---- $BIGZ--BlackRock Advisors, LLC announced today that the Board of Trustees of BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (the “Trust”) has approved certain changes to the Trust's investment policies (collectively, the “Strategy Changes”). As part of the Strategy Changes, the Trust will (i) adopt a new non-fundamental investment policy to invest, under normal market conditions, at least 80% of its total assets in a combination of equity securities issued by U.S. a.
Neutral
Business Wire
6 days ago
Saba Capital Reaches Agreements with Two BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”) today announced that it has entered into standstill agreements (the “Agreements”) with BlackRock Advisors, LLC, which is the investment advisor of the BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) and the BlackRock Health Sciences Term Trust (NYSE: BMEZ) (the “Funds”), following constructive negotiations. Under the terms of the Agreements, BIGZ will conduct a tender offer to purc.
Neutral
Business Wire
6 days ago
BlackRock Announces Board Approval of New Tender Offers for BlackRock Innovation and Growth Term Trust (BIGZ) and BlackRock Health Sciences Term Trust (BMEZ)
NEW YORK--(BUSINESS WIRE)---- $BIGZ--BlackRock Advisors, LLC (“BlackRock”) announced today that the Board of Trustees of BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) has approved a tender offer to repurchase 50% of BIGZ's outstanding shares, and that the Board of Trustees of BlackRock Health Sciences Term Trust (NYSE: BMEZ) has approved a tender offer to repurchase 40% of BMEZ's outstanding shares, in each case at a price per share equal to 99.5% of the applicable Fund's net asset value per co.
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.
Neutral
Seeking Alpha
1 month ago
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I had already held previously, so there were no new positions this month. In fact, I sold out of a fund to consolidate my holdings and reduce the number of funds held, as I did last month as well.
Positive
Forbes
1 month ago
Collect 12% Yields By Investing Like A Billionaire In 2025
If you've been investing for a while, you've probably thought about private equity more than once. Adding exposure to “PE” firms, which buy and sell privately held businesses, is a great way to diversify beyond the big names of the S&P 500.
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.
Neutral
Business Wire
2 months ago
Certain BlackRock Funds Announce Final Results of Tender Offers
NEW YORK--(BUSINESS WIRE)---- $BIGZ--The BlackRock closed-end funds (the “Funds”) listed below announced today the final results of each Fund's tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). The Tender Offers, which expired at 5:00 p.m. Eastern time on November 20, 2024, were oversubscribed for each Fund. Therefore, in accordance with the terms and conditions of the Tender Offers, each Fund will purchase Shares from all tendering shareholders on a pr.
Neutral
Business Wire
2 months ago
Certain BlackRock Funds Announce Expiration and Preliminary Results of Tender Offers
NEW YORK--(BUSINESS WIRE)---- $BIGZ--The BlackRock closed-end funds (the “Funds”) listed below announced today the expiration and preliminary results of each Fund's tender offer (each, a “Tender Offer”) for up to 2.5% of its outstanding common shares (the “Shares”). Each Tender Offer commenced on October 18, 2024 and expired at 5:00 p.m. Eastern time on November 20, 2024. Based on preliminary information, the number of Shares properly tendered for each Fund and not withdrawn is noted in the table below.
Positive
Forbes
2 months 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.
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