BlackRock Science and Technology Term Trust (NASDAQ: BSTZ) is a closed-end management investment company that provides targeted exposure to companies engaged in the science and technology sectors. Listed on the NASDAQ stock exchange, the trust seeks to deliver total return composed of capital appreciation and monthly distributions over a defined term. It operates as a term trust, with an anticipated liquidation date in August 2028, at which point shareholders will receive proceeds based on the trust’s net asset value.
The trust’s investment strategy is centered on equity and equity-related securities of companies involved in advancing scientific research, technological innovation and related applications. Portfolio allocations span industries such as biotechnology, pharmaceuticals, medical devices, semiconductors, software and information technology services. BlackRock’s research teams leverage fundamental analysis and sector-specific insights to identify firms with the potential for above-average growth driven by new product pipelines, intellectual property development and disruptive technology trends.
Established in mid-2019, BlackRock Science and Technology Term Trust is managed by BlackRock Fund Advisors, part of BlackRock’s broader asset management platform. The fund draws on BlackRock’s global research capabilities and risk-management infrastructure to construct a diversified portfolio designed to capture the long-term growth potential of the science and technology complex. The trust may also employ derivatives or cash management techniques as part of its investment program to enhance returns and manage exposures.
While the trust is domiciled in the United States and primarily serves U.S. investors, its investment mandate allows for global exposure to capitalize on international leaders in life sciences, information technology and related innovation. With a fixed term structure and a focused thematic mandate, BlackRock Science and Technology Term Trust offers investors a specialized vehicle for allocating capital to companies at the forefront of scientific and technological advancement.
AI Generated. May Contain Errors.