BlackRock Health Sciences Trust II (BMEZ)

• Market cap: $1.68B
• 1 day: 5.63%
• 5 days: 4.06%
• 1 month: 9.58%
• 3 months: 2.94%
• 6 months: 2.02%
• Year to date: 11.40%
• 1 year: 7.18%
• 5 years: -19.51%
• 10 years: -19.51%

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.

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

8% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 13

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

1% less funds holding

Funds holding: 90 [Q2] → 89 (-1) [Q3]

4.66% less ownership

Funds ownership: 46.95% [Q2] → 42.29% (-4.66%) [Q3]

7% less capital invested

Capital invested by funds: $768M [Q2] → $713M (-$54.5M) [Q3]

56% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 45