BlackRock Science and Technology Trust II

The full company name is Blackrock Science & Technology Term Trust.

Eaton Vance Enhanced Equity Income Fund II

Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust

Nuveen S&P 500 Dynamic Overwrite Fund

Today I want to go over what the economic data is telling us about the future of the financial markets in 2024.

These 8%+ Dividends Are The Key To Sailing Through A Recession In 2024

BlackRock Science and Technology Term Trust has underperformed Nasdaq due to its focus on smaller-cap companies. BSTZ trades at a 20.5% discount against its NAV, offering a forward yield of 7.5%. The fund invests 40% of its assets in private companies, adding uncertainty to its NAV calculation and performance.

BSTZ: Going To Take Some Time To Pay Off

Adams Diversified Equity Fund

Blackrock Health Sciences Trust

BlackRock Science & Technology

BlackRock Utilities Infrastructure & Power Opportunities Trust

ClearBridge Energy MLP Fund Inc

Central Securities

European Equity Fund

Franklin Templeton Emerging Markets Fund

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Sprott Focus Trust

General American Investors

Gabelli Dividend & Income Trust

Gabelli Global Small and Mid Cap Value Trust

Eagle Capital Growth Fund Inc

Gabelli Healthcare & Wellness Trust

abrdn Healthcare Investors 

abrdn Life Sciences Investors 

India Fund Inc

Morgan Stanley India Investment Fund Inc

Barings Corporate Investors

Barings Participation Investors

Mexico Fund

PIMCO Energy and Tactical Credit Opportunities Fund

Income Portfolio - 38 CEFs Worth Exploring

BlackRock Capital Allocation Trust

BlackRock Innovation & Growth Trust

BlackRock Health Sciences Trust II

Blackrock ESG Capital Allocation Trust

NEW YORK--(BUSINESS WIRE)--BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended September 30, 2023. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant to which each Fund may repurchase, through November 30, 2023, up to 5% of its outstanding common shares in open market transactions. The Repurchase Programs seek to enhance shareholder v.

BIGZ, BMEZ, BSTZ, BCAT, and ECAT Repurchased over $137 Million of Shares in 2023

BSTZ, BMEZ, and BIGZ have announced a change in distribution policy. The funds will now pay monthly distributions at an annual rate of 6% based on the 12-month rolling average daily net asset value. The new distribution policy will likely not have a significant effect on the funds' market prices, as they are already at significant discounts.

Why BSTZ, BMEZ, And BIGZ Distribution Cuts Aren't A Big Deal

Closed-end funds (CEFs) really are the “Swiss army knife” of investments.

This 7.9% Payer Just Changed Its Dividend Policy

NEW YORK--(BUSINESS WIRE)--Each of BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Health Sciences Term Trust (NYSE: BMEZ) and BlackRock Innovation and Growth Term Trust (NYSE: BIGZ) (each a “Fund,” and collectively the “Funds”) has announced changes to its distribution rate under its managed distribution plan (“Plan”). Each Fund has adopted a Plan to support a level distribution of income, capital gains and/or return of capital. Effective with the distribution to be declare.

BlackRock Science and Technology Term Trust (BSTZ), BlackRock Health Sciences Term Trust (BMEZ) and BlackRock Innovation and Growth Term Trust (BIGZ) Announce Changes to Distribution Rates Under Managed Distribution Plans

BlackRock 2037 Municipal Target Term Trust

NEW YORK--(BUSINESS WIRE)--BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Term Trust (NYSE: BIGZ), BlackRock Science and Technology Term Trust (NYSE: BSTZ), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Capital Allocation Term Trust (NYSE: BCAT), BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT), and BlackRock 2037 Municipal Target Term Trust (NYSE: BMN) (the “Trusts”) for the second quarter of 2023. Use the links p.

BlackRock Announces Release of Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, ECAT, and BMN) and Private Investment Report

BlackRock Science and Technology Term Trust focuses on equity securities of science and technology companies for rapid and sustainable growth. BSTZ employs a strategy of writing covered call options on a portion of its portfolio to generate additional returns. BSTZ's portfolio is dominated by well-known tech giants and private companies, with a significant exposure to the software and services sector.

BSTZ: A Solid Fund, But Timing Is A Question

BST yields 9.36% and BSTZ yields 11.09% - both pay monthly. Both funds have heavy tech exposure and use covered calls to generate income. Both funds have outperformed in 2023. One of them is selling at a 14% discount.

BST And BSTZ: 9%-11% Tech Yields, Outperforming In 2023

BlackRock's BSTZ fund currently trades at a -17% discount. It also pays 11% dividend while investors are waiting for share appreciation.

BSTZ: I Am Buying The Deep Discount In This Fund

BlackRock Resources & Commodities Strategy Trust

Blackrock Municipal Income Trust

Blackrock California Muni Income Trust

BlackRock Energy and Resources Trust

BlackRock Floating Rate Income Trust

BlackRock Enhanced International Dividend Trust

Blackrock Municipal Income Trust II

Blackrock New York Municipal Income Trust

BlackRock Enhanced Global Dividend Trust

BlackRock MuniHoldings Fund

BlackRock MuniHoldings New York Quality Fund Inc

BlackRock MuniYield Michigan Quality Fund Inc

BlackRock MuniYield Pennsylvania Quality Fund

BlackRock MuniYield Quality Fund II Inc

BlackRock MuniHoldings California Quality Fund Inc

BlackRock MuniHoldings Quality Fund II Inc

BlackRock Municipal Income Fund

BlackRock MuniHoldings New Jersey Quality Fund Inc

BlackRock MuniVest Fund Inc

BlackRock MuniVest Fund II Inc

BlackRock MuniYield Fund

BlackRock MuniYield Quality Fund III Inc

BlackRock MuniYield New York Quality Fund Inc

NEW YORK--(BUSINESS WIRE)--Please replace the release dated April 11, 2023, with the following corrected version due to changes in the table, "Summary of share repurchase activity since Repurchase Program inception as of March 31, 2023".

CORRECTING and REPLACING BlackRock Closed-End Fund Share Repurchase Program Update

Herzfeld Caribbean Basin Fund Inc

Duff & Phelps Global Utility Income Fund Inc

Ellsworth Growth and Income Fund

Stone Harbor Emerging Markets Total Income Fund

Eagle Point Income Company Inc

Eaton Vance National Municipal Opportunities Trust

Gabelli Equity Trust

Gabelli Convertible and Income Securities Fund

Gabelli Multimedia Trust

Gabelli Utility Trust

Aberdeen Australia Equity Fund Inc

CBRE Global Real Estate Income Fund

Virtus AllianzGI Convertible & Income Fund

Oxford Lane Capital

Pimco Municipal Income Fund

Cushing MLP & Infrastructure Total Return Fund

Franklin Templeton Emerging Markets Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

YieldShares High Income ETF

Three out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. Delaware/Abrdn mergers are closed.

Weekly Closed-End Fund Roundup: March 12, 2023

Interest rates have continued to wreak havoc on growth plays such as BSTZ. With the expectation that the Fed may have to go higher for longer, it can still put some uncertainty on this fund.

BSTZ: Attractive Discount For This Beaten Down Tech Fund

BSTZ is paying out a 10.8% yield from its portfolio of private startups, tech stocks, and semiconductor companies. The CEF recently cut its monthly dividend payout by 16%.

BSTZ: A 10.8% Yield From Venture Capital And Tesla

NEW YORK--(BUSINESS WIRE)--BlackRock today announced the release of quarterly fund commentaries for BlackRock Innovation and Growth Trust (NYSE: BIGZ), BlackRock Science and Technology Trust II (NYSE: BSTZ), BlackRock Health Sciences Trust II (NYSE: BMEZ), BlackRock Capital Allocation Trust (NYSE: BCAT), BlackRock ESG Capital Allocation Trust (NYSE: ECAT), and BlackRock 2037 Municipal Target Term Trust (NYSE: BMN) (the “Trusts”) for the fourth quarter of 2022.

BlackRock Announces Release of Fourth Quarter Commentaries for Certain Closed-End Funds (BIGZ, BSTZ, BMEZ, BCAT, ECAT, and BMN)

All of my buy indicators suggest this profitable play is still in its early stages.

This Fund Is Your Best Tech Buy For 2023 (It Yields 12.1%)

BlackRock Enhanced Government Fund

First Trust High Yld Oprtnts 2027 Tr Fn

Western Asset Global Corp Defined Opportunity Fund Inc

Miller/Howard High Income Equity Fund

Western Asset Investment Grade Defined Opportunity Trust

Nuveen Intermediate Duration Municipal Term Fund

Nuveen Multi-Asset Income Fund

PIMCO Dynamic Income Opportunities Fund

RiverNorth Capital and Income Fund

Term funds have a few topics making them different that I hope to clear up with today's overview. Term funds can benefit shareholders as NAV is realized one way or another.

Closed-End Funds: Term Structure Potential Vs. Perpetual Funds

There's a quiet shift happening in closed-end funds (CEFs)—and it's primed to give those who buy now some very nice upside in 2023.

This Unloved Strategy Could Unlock 7%+ Dividends And 22%+ Gains In 2023

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%

Nuveen Dow 30 Dynamic Overwrite Fund

Liberty All Star Equity Fund

Many folks are still hesitant to jump into the market

3 Funds With Incredible Yields Up To 13.7% For 2023

Savvy contrarians know that when markets crash, the most beaten-up sectors are often the ones that lead the (inevitable) surge higher.

This 13.4% Dividend Is The Best Deal In Tech Now

BSTZ is up an astounding 8% in the past two business days. While inflation readings came better than expected, there is a long road ahead to the Fed's target level.

If You Are Getting Excited About BSTZ's Prospects, Just Don't

BlackRock Enhanced Equity Dividend Trust

John Hancock Tax-Advantaged Dividend Income Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Cohen & Steers Reit And Preferred Income Fund Inc

Cohen & Steers Infrastructure Fund Inc

Reaves Utility Income Fund

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

Royce Value Trust

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

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

News for BlackRock Science and Technology Trust II ETF (BSTZ)