BlackRock Science and Technology Term Trust (BSTZ)

• Market cap: $1.62B
• 1 day: 0.83%
• 5 days: 1.53%
• 1 month: 0.65%
• 3 months: 11.32%
• 6 months: 10.87%
• Year to date: 4.95%
• 1 year: 29.63%
• 5 years: 1.63%
• 10 years: 9.04%

About: BlackRock Science and Technology Trust II 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. Its portfolio consists of Equity Securities, Options, Preferred Securities, Convertible Securities, Depositary Receipts, Non-U.S. Securities, Emerging Markets Investments, Restricted and Illiquid Investments, Private Company Investments, Corporate Bonds, and other investments. The trust seeks to Invest at least 80% of its total assets in equity securities issued by U.S. and non-U.S. science and technology companies in any market capitalization range from the development, advancement, and use of science and/or technology.

Fund manager confidence

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

50% more first-time investments, than exits

New positions opened: 15 | Existing positions closed: 10

3% more funds holding

Funds holding: 94 [Q2] → 97 (+3) [Q3]

0% more funds holding in top 10

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

4.9% less ownership

Funds ownership: 37.69% [Q2] → 32.79% (-4.9%) [Q3]

17% less capital invested

Capital invested by funds: $571M [Q2] → $475M (-$95.7M) [Q3]

27% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 41