BlackRock Science & Technology

Blackrock Science & Technology Trust operates as a mutual fund-closed end investment trust. 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 normal market conditions, at least 80% of its total assets in equity securities of science and technology companies. The company was founded on August 13, 2014 and is headquartered in Wilmington, DE.

BlackRock Science and Technology has been hit hard among the broader market downturn, dropping more than 50% from its peak. Further interest hikes, prolonged inflation and a looming recession have, and likely will, devalue the tech-heavy portfolio even further.

BlackRock Science And Technology Trust: Scrambling For Traction

Ares Capital

Crescent Capital BDC Inc

Calamos Dynamic Convertible & Income Fund

Calamos Global Total Return Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Guggenheim Strategic Opportunities Fund

John Hancock Tax-Advantaged Dividend Income Fund

JPMorgan Equity Premium Income ETF

JPMorgan Nasdaq Equity Premium Income ETF

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Fund

John Hancock Premium Dividend Fund

PIMCO Corporate & Income Opportunity Fund

Global X NASDAQ 100 Covered Call ETF

Cohen & Steers Quality Income Realty Fund

Royce Value Trust

Global X Russell 2000 Covered Call ETF

Special Opportunities Fund Inc

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Cohen & Steers Infrastructure Fund Inc

Reaves Utility Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Financial markets are set to close a difficult year amid the war in Ukraine, pandemic aftershocks, and inflation-eroding purchasing power. As always, the first rule for every investor is to try to survive and avoid making mistakes that could prove fatal.

My Income Portfolio's Year-End Check-Up

BlackRock Science and Technology Trust II

BST yields 10.32% and BSTZ yields 14.54% - both pay monthly. BST has a 0.37% discount to NAV, and BSTZ has an 18% discount to NAV.

BST And BSTZ: 10% To 14% Yields, Discount Up To 18%

Altria

New York Community Bancorp

Owl Rock Capital Corp

abrdn World Healthcare Fund 

Verizon

Global X S&P 500 Covered Call ETF

The Dividend Harvesting Portfolio is now generating $703.25 in annual dividends, yielding 7.73%. The Dividend Harvesting portfolio has a 76.34% record of finishing the week in the black since its inception, 71/93 weeks.

Dividend Harvesting Portfolio Week 93 Update: $9,300 Allocated, $703.25 In Projected Annual Dividends

BST is a tech-focused CEF offering monthly distributions and a strong dividend growth record since inception. Its distribution yield is historically high, but will likely fall quickly if and when tech stocks rebound.

BST: Catch This Tech CEF's 10% Yield While You Can

Omega Healthcare Investors

The Dividend Harvesting Portfolio is now generating $681.83 in annual dividends yielding 7.49%. The Dividend Harvesting portfolio has a 76.92% record of finishing the week in the black since its inception, 70/91 weeks.

Dividend Harvesting Portfolio Week 91 Update: $9,100 Allocated, $681.83 In Projected Annual Dividends

Intel

The Dividend Harvesting Portfolio is now generating $664.03 in annual dividends yielding 7.5%. The Dividend Harvesting portfolio has a 78.65% record of finishing the week in the black since its inception, 70/88 weeks.

Dividend Harvesting Week 89 Update: $8,900 Allocated, $664.03 In Annual Dividends

Virtus AllianzGI Diversified Income & Convertible Fund

abrdn Healthcare Investors 

Barings Corporate Investors

Flaherty & Crumrine Preferred Income Fund Inc

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are generally characterized by higher volatility and deeper drawdowns than the broad market. For these reasons, they are not suited for everyone.

5 Best CEFs To Buy This Month (November 2022)

AGNC Investment

Enbridge

Exxon Mobil

The Dividend Harvesting Portfolio is now generating $654.02 in annual dividends yielding 7.74%. The Dividend Harvesting portfolio has a 79.55% record of finishing the week in the black since its inception, 70/87 weeks.

Dividend Harvesting Week 88 Update: $8,800 Allocated, $654.02 In Annual Dividends

Nuveen Dow 30 Dynamic Overwrite Fund

Liberty All Star Equity Fund

Rarely do we get a buying opportunity in high-yielding closed-end funds (CEFs) like the one we have now. Thanks to the selloff, many CEFs trade at deep discounts and pay outsized yields upwards of 9% today.

3 Smart Ways To Play The 2023 Market Rally

Ten months of this troubling 2022 have passed, and my overall portfolio is beginning to take its final shape. Some positions have long since been completed, while for others, I am taking small acquisition steps each time the market turns downward.

My Income Portfolio - Memo From An 'Olive Farmer'

BlackRock Enhanced Equity Dividend Trust

Blackrock Health Sciences Trust

PIMCO Dynamic Income Opportunities Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Cohen & Steers Reit And Preferred Income Fund Inc

The volatility had continued since earlier this year when we last looked at my top ten CEFs. With closed-end fund discounts widening, there seem to be more opportunities in the space overall.

My Top 10 Closed-End Fund Holdings: October 2022

BST is a technology focused closed end fund. We assigned the vehicle a Sell rating upon our August review.

BST:  Target Met, Moving From Sell To Hold

BlackRock Innovation & Growth Trust

BlackRock Health Sciences Trust II

Blackrock ESG Capital Allocation Trust

While vanilla investors worry along with the herd, we contrarians are buying.

Wall Street Is Jam-Packed With 8%+ Fire-Sale Dividends

BST offers exposure to private investments in the technology sector. It also offers a current distribution yield over 10%.

BST: Private Investments A Drag On Near-Term Performance

CBRE Global Real Estate Income Fund

Medical Properties Trust

Schwab US Dividend Equity ETF

STORE Capital

Verizon Communications Inc 5.9 % Notes 2014-15.2.54 Sr

After 81 weeks and $8,100 allocated, the Dividend Harvesting portfolio is generating $589.69 in annual dividend income. The Dividend Harvesting portfolio has an 86.42% record of finishing the week in the black since its inception, 70/81 weeks.

Dividend Harvesting Week 81 Update: $8,100 Allocated, $589.69 In Annual Dividends Yielding 7.59% Across 79 Positions

Aberdeen Standard Global Infr Inc Fd

BlackRock Enhanced Global Dividend Trust

John Hancock Financial Opportunities Fund

Ellsworth Growth and Income Fund

I have added to five positions in my portfolio, but I haven't included any new names. There was a mix of funds that were at attractive discounts, but also some that were pushing premiums.

5 Closed-End Fund Buys In The Month Of August 2022

Nuveen Preferred & Income Securities Fund

Retire on your own terms, at a time you decide. The economy may appear shaky, but the foundation of our income method (dividends) is strong.

2 Great Dividends To Retire In Splendor

BlackRock Science and Technology has been hit hard among the broader market downturn dropping ~40%. Late-stage venture investments make up 20% of the portfolio, and down rounds or added liquidation preferences are around the corner.

BlackRock Science and Technology Trust: Further Losses Around The Corner

BlackRock Science and Technology Trust is a closed-end fund focused on technology equities. The CEF has a large allocation to Software and Semiconductors.

BlackRock Science And Technology Trust CEF: Put Your Seat-Belt On, Losses Are Coming

Nuveen NASDAQ 100 Dynamic Overwrite Fund

Columbia Seligman Premium Technology Growth Func Inc

I'm always shocked when dividend investors ignore tech stocks.

3 “Cash Loaded” Funds Almost All Investors Miss (Yields Up To 8%)

BST and BSTZ are both funds invested purely in tech plays. BST has traditionally focused on larger, more established names but has added more speculative names.

BST And BSTZ: Tech Still Has Appeal, BSTZ Looking Attractive

AllianceBernstein Global High Income Fund Inc

BlackRock Credit Allocation Income Trust

Nuveen S&P 500 Buy-Write Income Fund

DoubleLine Income Solutions Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Diversified Equity Income Fund

Eaton Vance Limited Duration Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Aberdeen Asia-Pacific Income Fund Inc

First Trust Intermediate Duration Preferred & Income Fund

Highland Income Fund

BlackRock Corporate High Yield Fund

Nuveen Preferred & Income Opportunities Fund

Nuveen Credit Strategies Income Fund

Virtus Dividend Interest & Premium Strategy Fund

After the Fed hiked interest rates for the fourth time this year, closed-end fund investors may wonder how their income will be affected. Past cycles have shown that valuations fall ahead of time in anticipation of rising rates.

Income Opportunities: CEFs And Rising Rates

BST has fallen further than the market indices throughout 2022, but with tech picks making up the majority of its top ten holdings, it could be positioned for a sharp rebound. BST has been delivering on its income objective, having grown its distribution for 7 years, paying monthly income and yielding over 8%.

The BlackRock Science And Technology Trust Could Be A CEF Ready For A Rebound

BST yields 8.96%, BSTZ yields 10.98%. Both pay monthly.

News for BlackRock Science & Technology ETF (BST)