BlackRock Health Sciences Trust IIBMEZ
BMEZ
About: BlackRock Health Sciences Trust II is a closed-ended management investment company. The investment objective is to provide total return through a combination of current income and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of energy and natural resources companies and equity derivatives with exposure to the energy and natural resources industry.
0
Funds holding %
of 7,363 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
130% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 10
50% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 3 (+1) [Q4]
12% more funds holding
Funds holding: 90 [Q3] → 101 (+11) [Q4]
0.09% more ownership
Funds ownership: 42.55% [Q3] → 42.64% (+0.09%) [Q4]
11% less capital invested
Capital invested by funds: $718M [Q3] → $638M (-$80.1M) [Q4]
22% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 36
Research analyst outlook
We haven’t received any recent analyst ratings for BMEZ.
Financial journalist opinion
Based on 3 articles about BMEZ published over the past 30 days
Neutral
Seeking Alpha
11 hours ago
BMEZ: Recession Fears Making You Sick? Buy This High-Yield Healthcare Fund
Fear of a looming recession has investors seeking defensive sectors like Healthcare, which benefits from positive secular trends and offers high-yield dividend stocks. The BlackRock Health Sciences Term Trust provides high-yield income through healthcare equities and an option writing strategy, with a current distribution rate of 13.6%. BMEZ's top holdings, including Intuitive Surgical, argenx SE, and Alnylam Pharmaceuticals, show strong growth potential, despite past underperformance due to market conditions.
Neutral
Business Wire
1 week 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.
Positive
Seeking Alpha
3 weeks ago
CEF Weekly Review: Explaining Preferred CEFs Double-Digit Gains
We review the CEF market valuation and performance through the first week of February and highlight recent market action. CEFs had a strong week, with most sectors in the green, driven by EM Equity and Muni sectors, and year-to-date gains in both NAVs and discounts. We take a look at why preferred CEFs have sharply outperformed their ETF counterparts last year.
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
1 month 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
1 month 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.
Positive
Seeking Alpha
2 months ago
BMEZ: 12% Discount, High Yield On Healthcare Monthly Payer
BMEZ employs an option writing strategy and has a 12-year limited term, with a recent increase in monthly distributions to 12% of NAV. This article details BMEZ's top holdings, sector and geographic exposure and changes in 2024. Dividend yield, earnings, taxes, expenses, and average volume are also covered.
Neutral
Business Wire
2 months 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
2 months 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
Seeking Alpha
2 months ago
BMEZ: Remains Attractive With A Deep Discount
BMEZ offers a more speculative but attractive healthcare investment with significant biotech exposure, mid-cap, small-cap, and private investments. The fund's discount remains appealing, that is despite narrowing from around 18% to ~10% from the start of the year. The fund has employed a 12% managed distribution as well as being one of the several BlackRock funds to have a discount management program in place.
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