BlackRock Science and Technology Trust Key Executives
This section highlights BlackRock Science and Technology Trust's key executives, including their titles and compensation details.
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BlackRock Science and Technology Trust Earnings
This section highlights BlackRock Science and Technology Trust's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
Next Earnings Date
Last Earnings Results
Earnings Call Transcripts
| Transcript | Quarter | Year | Date | Estimated EPS | Actual EPS |
|---|
BlackRock Science and Technology Trust is a closed ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests directly and indirectly through derivative such as options in public equity markets of countries across the globe. The fund seeks to invest in stocks of companies operating across the science and technology sector. It invests in dividend paying and growth stocks of companies operating across all market capitalizations. BlackRock Science and Technology Trust was formed on 28 October, 2014 and is domiciled in the United States.
$32.46
Stock Price
$1.13B
Market Cap
-
Employees
New York, NY
Location
Financial Statements
Access annual & quarterly financial statements for BlackRock Science and Technology Trust, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Revenue | $274.17M | $291.28M | $55.57M | $151.88M | $14.22M |
| Cost of Revenue | $- | $247.91M | $12.65M | $15.14M | $8.70M |
| Gross Profit | $274.17M | $43.37M | $42.92M | $136.74M | $5.52M |
| Gross Profit Ratio | 100.00% | 14.89% | 77.24% | 90.03% | 38.82% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $748.90K | $867.38K | $1.15M | $652.03K | $759.20K |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $748.90K | $867.38K | $1.15M | $652.03K | $759.20K |
| Other Expenses | $1.15M | $290.41M | $- | $- | $- |
| Operating Expenses | $1.90M | $291.28M | $1.43M | $87.87K | $98.72K |
| Cost and Expenses | $1.90M | $291.28M | $710.28M | $15.76M | $-507.14M |
| Interest Income | $- | $- | $- | $- | $- |
| Interest Expense | $3.50K | $14.56K | $- | $- | $- |
| Depreciation and Amortization | $- | $-6.63K | $- | $- | $- |
| EBITDA | $272.32M | $290.17M | $-654.70M | $136.12M | $521.36M |
| EBITDA Ratio | 99.32% | 99.62% | -1178.14% | 89.62% | 3667.49% |
| Operating Income | $272.28M | $290.17M | $-654.70M | $136.12M | $521.36M |
| Operating Income Ratio | 99.31% | 99.62% | -1178.14% | 89.62% | 3667.49% |
| Total Other Income Expenses Net | $- | $-27.82K | $-65.40K | $-159.11K | $-154.06K |
| Income Before Tax | $272.28M | $290.15M | $-654.77M | $135.96M | $521.20M |
| Income Before Tax Ratio | 99.31% | 99.61% | -1178.26% | 89.52% | 3666.41% |
| Income Tax Expense | $- | $- | $- | $- | $- |
| Net Income | $272.28M | $290.15M | $-654.77M | $135.96M | $521.20M |
| Net Income Ratio | 99.31% | 99.61% | -1178.26% | 89.52% | 3666.41% |
| EPS | $7.86 | $8.63 | $-20.29 | $4.24 | $20.23 |
| EPS Diluted | $7.86 | $8.63 | $-20.29 | $4.24 | $20.23 |
| Weighted Average Shares Outstanding | 34.64M | 33.62M | 32.27M | 32.08M | 25.76M |
| Weighted Average Shares Outstanding Diluted | 34.64M | 33.62M | 32.27M | 32.08M | 25.76M |
| SEC Filing | Source | Source | Source | Source | Source |
| Breakdown | December 31, 2024 | June 30, 2024 | December 31, 2023 | June 30, 2023 | December 31, 2022 |
|---|---|---|---|---|---|
| Revenue | $53.40M | $-79.41K | $72.27M | $-17.56M | $5.51M |
| Cost of Revenue | $6.84M | $6.43M | $5.90M | $5.43M | $5.77M |
| Gross Profit | $46.56M | $-6.51M | $66.37M | $-23.00M | $-267.72K |
| Gross Profit Ratio | 87.20% | 8197.96% | 91.83% | 130.93% | -4.86% |
| Research and Development Expenses | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $-30.00M | $202.27M | $- | $- | $- |
| Other Expenses | $- | $- | $5.72M | $241.08M | $-99.71M |
| Operating Expenses | $-30.00M | $202.27M | $5.72M | $241.08M | $-99.71M |
| Cost and Expenses | $23.17M | $-195.84M | $189.04K | $-235.65M | $105.49M |
| Interest Income | $- | $- | $- | $- | $- |
| Interest Expense | $- | $- | $- | $- | $- |
| Depreciation and Amortization | $- | $- | $- | $- | $- |
| EBITDA | $76.57M | $195.76M | $72.09M | $218.08M | $-99.98M |
| EBITDA Ratio | 143.38% | -246510.08% | 99.74% | -1241.57% | -1815.72% |
| Operating Income | $76.57M | $195.76M | $72.09M | $218.08M | $-99.98M |
| Operating Income Ratio | 143.38% | -246510.08% | 99.74% | -1241.57% | -1815.72% |
| Total Other Income Expenses Net | $-20.59K | $-23.57K | $24.27K | $-45.46K | $-76.76K |
| Income Before Tax | $76.54M | $195.74M | $72.11M | $218.04M | $-100.06M |
| Income Before Tax Ratio | 143.34% | -246480.39% | 99.77% | -1241.31% | -1817.11% |
| Income Tax Expense | $- | $- | $- | $- | $- |
| Net Income | $76.54M | $195.74M | $72.11M | $218.04M | $-100.06M |
| Net Income Ratio | 143.34% | -246480.39% | 99.77% | -1241.31% | -1817.11% |
| EPS | $2.20 | $5.65 | $2.10 | $6.53 | $-3.03 |
| EPS Diluted | $2.20 | $5.65 | $2.10 | $6.53 | $-3.03 |
| Weighted Average Shares Outstanding | 34.72M | 34.64M | 34.34M | 33.39M | 33.00M |
| Weighted Average Shares Outstanding Diluted | 34.72M | 34.64M | 34.34M | 33.39M | 33.00M |
| SEC Filing | Source | Source | Source | Source | Source |
Annual Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $136.39K | $3.11K | $95.18K | $298.82K | $737.41K |
| Short Term Investments | $- | $6.71M | $6.60M | $43.42M | $9.27M |
| Cash and Short Term Investments | $136.39K | $6.71M | $6.70M | $43.71M | $10.00M |
| Net Receivables | $157.96K | $2.09M | $2.99M | $10.32M | $2.10M |
| Inventory | $- | $- | $- | $- | $- |
| Other Current Assets | $4.12K | $-8.80M | $-9.69M | $-54.03M | $-12.11M |
| Total Current Assets | $298.47K | $- | $- | $- | $- |
| Property Plant Equipment Net | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $1.22B | $964.21M | $1.69B | $1.31B |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $1.39B | $-1.22B | $-964.21M | $-1.69B | $-1.31B |
| Total Non-Current Assets | $1.39B | $- | $965.25M | $1.70B | $1.32B |
| Other Assets | $- | $1.22B | $968.54M | $1.71B | $1.32B |
| Total Assets | $1.39B | $1.22B | $968.54M | $1.71B | $1.32B |
| Account Payables | $- | $1.56M | $1.13M | $12.34M | $- |
| Short Term Debt | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $-1.56M | $-1.13M | $-12.34M | $- |
| Total Current Liabilities | $- | $- | $1.22M | $12.34M | $- |
| Long Term Debt | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $113.47K | $1.44M | $- |
| Other Non-Current Liabilities | $13.42M | $- | $-113.47K | $-1.44M | $- |
| Total Non-Current Liabilities | $13.42M | $- | $7.84M | $26.07M | $24.45M |
| Other Liabilities | $13.42M | $24.88M | $-1.22M | $-12.34M | $24.45M |
| Total Liabilities | $13.42M | $24.88M | $7.84M | $26.07M | $24.45M |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $729.56M | $778.59M | $789.75M | $795.20M | $433.02M |
| Retained Earnings | $645.31M | $417.84M | $170.95M | $885.96M | $864.32M |
| Accumulated Other Comprehensive Income Loss | $- | $417.84M | $170.95M | $885.96M | $864.32M |
| Other Total Stockholders Equity | $- | $-417.84M | $-170.95M | $-885.96M | $-864.32M |
| Total Stockholders Equity | $1.37B | $1.20B | $960.70M | $1.68B | $1.30B |
| Total Equity | $1.37B | $1.20B | $960.70M | $1.68B | $1.30B |
| Total Liabilities and Stockholders Equity | $1.39B | $1.22B | $968.54M | $1.71B | $1.32B |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $1.39B | $1.22B | $968.54M | $1.71B | $1.32B |
| Total Investments | $1.39B | $1.22B | $6.60M | $43.42M | $9.27M |
| Total Debt | $- | $6.37M | $88.08K | $- | $- |
| Net Debt | $-136.39K | $-3.11K | $-7.09K | $-298.82K | $-737.41K |
Balance Sheet Charts
| Breakdown | December 31, 2024 | June 30, 2024 | December 31, 2023 | June 30, 2023 | December 31, 2022 |
|---|---|---|---|---|---|
| Cash and Cash Equivalents | $136.39K | $483.53K | $483.11K | $430.89K | $95.18K |
| Short Term Investments | $- | $9.02M | $6.23M | $2.93M | $6.60M |
| Cash and Short Term Investments | $136.39K | $9.50M | $6.71M | $3.36M | $6.70M |
| Net Receivables | $157.96K | $177.76K | $2.09M | $6.99M | $2.99M |
| Inventory | $- | $- | $- | $- | $- |
| Other Current Assets | $4.12K | $-9.68M | $-8.80M | $-10.35M | $-9.69M |
| Total Current Assets | $298.47K | $10.15M | $- | $- | $- |
| Property Plant Equipment Net | $- | $- | $- | $- | $- |
| Goodwill | $- | $- | $- | $- | $- |
| Intangible Assets | $- | $- | $- | $- | $- |
| Goodwill and Intangible Assets | $- | $- | $- | $- | $- |
| Long Term Investments | $- | $1.37B | $1.22B | $1.18B | $964.21M |
| Tax Assets | $- | $- | $- | $- | $- |
| Other Non-Current Assets | $1.39B | $-1.37B | $-1.22B | $-1.18B | $-964.21M |
| Total Non-Current Assets | $1.39B | $1.37B | $1.22B | $1.18B | $965.25M |
| Other Assets | $- | $1.38B | $1.22B | $1.19B | $968.54M |
| Total Assets | $1.39B | $1.38B | $1.22B | $1.19B | $968.54M |
| Account Payables | $- | $420.52K | $1.56M | $1.14M | $1.13M |
| Short Term Debt | $- | $6.64M | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $- | $- | $- |
| Other Current Liabilities | $- | $-7.06M | $-1.56M | $-1.14M | $-1.13M |
| Total Current Liabilities | $- | $2.12M | $7.93M | $1.14M | $1.22M |
| Long Term Debt | $- | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $113.47K |
| Other Non-Current Liabilities | $13.42M | $21.91M | $- | $- | $-113.47K |
| Total Non-Current Liabilities | $13.42M | $21.91M | $19.02M | $25.12M | $7.84M |
| Other Liabilities | $13.42M | $4.52M | $-2.07M | $-1.14M | $-1.22M |
| Total Liabilities | $13.42M | $28.54M | $24.88M | $25.12M | $7.84M |
| Preferred Stock | $- | $- | $- | $- | $- |
| Common Stock | $729.56M | $788.77M | $778.59M | $822.27M | $789.75M |
| Retained Earnings | $645.31M | $- | $417.84M | $338.65M | $170.95M |
| Accumulated Other Comprehensive Income Loss | $- | $561.62M | $417.84M | $338.65M | $170.95M |
| Other Total Stockholders Equity | $- | $- | $-417.84M | $-338.65M | $-170.95M |
| Total Stockholders Equity | $1.37B | $1.35B | $1.20B | $1.16B | $960.70M |
| Total Equity | $1.37B | $1.35B | $1.20B | $1.16B | $960.70M |
| Total Liabilities and Stockholders Equity | $1.39B | $1.38B | $1.22B | $1.19B | $968.54M |
| Minority Interest | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $1.39B | $1.38B | $1.22B | $1.19B | $968.54M |
| Total Investments | $1.39B | $1.38B | $6.23M | $2.93M | $6.60M |
| Total Debt | $- | $6.64M | $6.37M | $- | $88.08K |
| Net Debt | $-136.39K | $6.15M | $5.88M | $-430.89K | $-7.09K |
Annual Cash Flow
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
|---|---|---|---|---|---|
| Net Income | $272.28M | $290.15M | $-654.77M | $135.96M | $521.20M |
| Depreciation and Amortization | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $-4.59M | $5.25M | $-1.89M | $1.17M | $132.63K |
| Accounts Receivables | $16.86K | $234.49K | $-181.14K | $-69.54K | $31.68K |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $133.10K | $-412.48K | $429.45K | $-89.63K |
| Other Working Capital | $-4.60M | $4.88M | $-1.30M | $806.69K | $190.58K |
| Other Non Cash Items | $-173.58M | $-329.74M | $701.53M | $-168.39M | $-604.69M |
| Net Cash Provided by Operating Activities | $94.11M | $-34.35M | $44.28M | $-30.90M | $-83.41M |
| Investments in Property Plant and Equipment | $- | $- | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $- | $-350.43M | $-480.83M | $-644.58M | $-182.72M |
| Sales Maturities of Investments | $- | $436.82M | $469.42M | $453.23M | $234.34M |
| Other Investing Activities | $- | $- | $- | $- | $- |
| Net Cash Used for Investing Activities | $- | $86.39M | $-11.41M | $-191.35M | $51.62M |
| Debt Repayment | $-506.78K | $418.70K | $88.08K | $- | $- |
| Common Stock Issued | $8.64M | $41.62M | $28.53M | $14.64M | $80.91M |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $-102.46M | $-96.62M | $-97.67M | $-120.21M | $-47.02M |
| Other Financing Activities | $-122.16K | $-7.75K | $125.91K | $359.28M | $-35.80K |
| Net Cash Used Provided by Financing Activities | $-94.46M | $-54.59M | $-68.93M | $253.71M | $33.85M |
| Effect of Forex Changes on Cash | $-120 | $-930 | $865 | $-31 | $27 |
| Net Change in Cash | $-346.71K | $-2.17M | $-203.64K | $-438.59K | $734.88K |
| Cash at End of Period | $136.39K | $483.11K | $95.18K | $298.82K | $737.41K |
| Cash at Beginning of Period | $483.11K | $2.66M | $298.82K | $737.41K | $2.53K |
| Operating Cash Flow | $94.11M | $-34.35M | $44.28M | $-30.90M | $-83.41M |
| Capital Expenditure | $- | $- | $- | $- | $- |
| Free Cash Flow | $94.11M | $-34.35M | $44.28M | $-30.90M | $-83.41M |
Cash Flow Charts
| Breakdown | December 31, 2024 | June 30, 2024 | December 31, 2023 | June 30, 2023 | December 31, 2022 |
|---|---|---|---|---|---|
| Net Income | $76.54M | $195.74M | $72.11M | $218.04M | $-100.06M |
| Depreciation and Amortization | $- | $- | $- | $- | $- |
| Deferred Income Tax | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- |
| Change in Working Capital | $-5.54M | $949.29K | $2.44M | $2.81M | $-723.76K |
| Accounts Receivables | $20.26K | $-3.40K | $-41.70K | $276.19K | $-245.47K |
| Inventory | $- | $- | $- | $- | $- |
| Accounts Payables | $103.93K | $100.86K | $-778.04K | $911.14K | $-33.54K |
| Other Working Capital | $-5.66M | $851.83K | $3.26M | $1.62M | $883.01K |
| Other Non Cash Items | $-98.09M | $-248.31M | $-81.26M | $-248.85M | $113.46M |
| Net Cash Provided by Operating Activities | $-27.08M | $-51.62M | $-7.53M | $-26.82M | $12.41M |
| Investments in Property Plant and Equipment | $- | $-1 | $- | $- | $- |
| Acquisitions Net | $- | $- | $- | $- | $- |
| Purchases of Investments | $-152.69M | $-99.58M | $-181.94M | $-168.50M | $-237.95M |
| Sales Maturities of Investments | $225.13M | $195.94M | $227.37M | $209.45M | $190.14M |
| Other Investing Activities | $- | $1 | $- | $- | $- |
| Net Cash Used for Investing Activities | $72.43M | $96.36M | $45.44M | $40.95M | $-47.82M |
| Debt Repayment | $-25.82K | $-480.96K | $506.78K | $-88.08K | $88.08K |
| Common Stock Issued | $13.57K | $8.50M | $14.17M | $27.44M | $28.53M |
| Common Stock Repurchased | $- | $- | $- | $- | $- |
| Dividends Paid | $-52.50M | $-49.96M | $-49.24M | $-47.37M | $-46.66M |
| Other Financing Activities | $- | $- | $- | $- | $125.91K |
| Net Cash Used Provided by Financing Activities | $-52.51M | $-41.94M | $-34.57M | $-20.02M | $-17.92M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
| Net Change in Cash | $- | $421 | $52.21K | $335.71K | $-12.87M |
| Cash at End of Period | $136.39K | $483.53K | $483.11K | $430.89K | $95.18K |
| Cash at Beginning of Period | $483.53K | $483.11K | $430.89K | $95.18K | $12.96M |
| Operating Cash Flow | $-27.08M | $-51.62M | $-7.53M | $-26.82M | $12.41M |
| Capital Expenditure | $-1 | $-1 | $- | $- | $- |
| Free Cash Flow | $-27.08M | $-51.62M | $-7.53M | $-26.82M | $12.41M |
BlackRock Science and Technology Trust Dividends
Explore BlackRock Science and Technology Trust's dividend history, including dividend yield, payout ratio, and historical payments.
Dividend Yield
8.09%
Dividend Payout Ratio
37.63%
Dividend Paid & Capex Coverage Ratio
0.92x
BlackRock Science and Technology Trust Dividend History
| Dividend | Adjusted Dividend | Date | Record Date | Payment Date | Declaration Date |
|---|---|---|---|---|---|
| $0.25 | $0.25 | April 15, 2025 | April 15, 2025 | April 30, 2025 | |
| $0.25 | $0.25 | March 14, 2025 | March 14, 2025 | March 31, 2025 | March 03, 2025 |
| $0.25 | $0.25 | February 14, 2025 | February 14, 2025 | February 28, 2025 | February 03, 2025 |
| $0.25 | $0.25 | January 15, 2025 | January 15, 2025 | January 31, 2025 | January 02, 2025 |
| $0.25 | $0.25 | December 16, 2024 | December 16, 2024 | December 23, 2024 | November 22, 2024 |
| $0.25 | $0.25 | November 15, 2024 | November 15, 2024 | November 29, 2024 | November 01, 2024 |
| $0.25 | $0.25 | October 15, 2024 | October 15, 2024 | October 31, 2024 | September 12, 2024 |
| $0.25 | $0.25 | September 16, 2024 | September 16, 2024 | September 30, 2024 | September 03, 2024 |
| $0.25 | $0.25 | August 15, 2024 | August 15, 2024 | August 30, 2024 | August 01, 2024 |
| $0.25 | $0.25 | July 15, 2024 | July 15, 2024 | July 31, 2024 | July 01, 2024 |
| $0.25 | $0.25 | June 14, 2024 | June 14, 2024 | June 28, 2024 | June 03, 2024 |
| $0.25 | $0.25 | May 14, 2024 | May 15, 2024 | May 31, 2024 | |
| $0.25 | $0.25 | April 12, 2024 | April 15, 2024 | April 30, 2024 | April 01, 2024 |
| $0.25 | $0.25 | March 14, 2024 | March 15, 2024 | March 28, 2024 | March 01, 2024 |
| $0.25 | $0.25 | February 14, 2024 | February 15, 2024 | February 29, 2024 | February 01, 2024 |
| $0.25 | $0.25 | January 11, 2024 | January 12, 2024 | January 31, 2024 | January 02, 2024 |
| $0.25 | $0.25 | December 14, 2023 | December 15, 2023 | December 20, 2023 | December 05, 2023 |
| $0.25 | $0.25 | November 14, 2023 | November 15, 2023 | November 30, 2023 | November 01, 2023 |
| $0.25 | $0.25 | October 13, 2023 | October 16, 2023 | October 31, 2023 | October 02, 2023 |
| $0.25 | $0.25 | September 14, 2023 | September 15, 2023 | September 29, 2023 | September 01, 2023 |
BlackRock Science and Technology Trust News
Read the latest news about BlackRock Science and Technology Trust, including recent articles, headlines, and updates.
BST: A Technology CEF Under Pressure, A Long Way To Go
BlackRock Science and Technology Trust, a tech-focused CEF, is under pressure due to high valuations and market volatility, with a significant way to go before being considered 'cheap'. The fund's premium/discount to NAV is expected to widen, consistent with historical trends during tech bear markets, potentially reaching a -5% to -10% discount. Despite a well-covered distribution, future gains are uncertain as the fund may rely on return of capital amid decreasing NAV and market pressures.
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.
Dividend Harvesting Portfolio Week 211: $21,100 Allocated, $2,070.78 In Projected Dividends
The Dividend Harvesting Portfolio faced a challenging week, declining by -2.43%, but still maintains a 24.99% return on invested capital and a 9.81% yield. I added to Enbridge, BlackRock Science and Technology Trust, and BlackRock Corporate High Yield Fund, capitalizing on market pullbacks and tariff talks. Despite market volatility, the portfolio continues to generate substantial dividend income, with a forward projected annualized dividend income of $2,070.78.
BST: I Think It's Time To Start Adding To This High-Yielding CEF Again
BST's recent 13% decline presents a buying opportunity due to its strong fundamentals and trading at a discount to NAV. Despite market volatility, BST's focus on technology and innovation-driven companies offers long-term growth potential and a nearly 9% yield. BST's income strategy, leveraging call options, provides a cushion against market downturns and enhances total return prospects.
My Income Portfolio: Financial Awareness
The essence of financial awareness is to realize that money can work for us through our investments. Understanding the value of money is the first step toward financial education, which leads to the selection of the most appropriate tools for developing that awareness. In my case, the instruments I have adopted are largely high-income vehicles, with monthly and, in some cases, quarterly distribution.
Dividend Harvesting Portfolio Week 208: $20,800 Allocated, $2,017.65 In Projected Dividends
Despite market volatility and economic concerns, my Dividend Harvesting Portfolio only declined by 0.79%, showcasing the effectiveness of my diversification strategy. I focused on undervalued REITs like VICI Properties, NNN REIT, and Rithm Capital, which I believe offer strong long-term growth and stability. The portfolio generated $20.49 in dividend income this week, increasing the forward projected annualized dividend income to $2,017.65.
BST: 7.5%+ Yield, 5% Discount On Tech
BlackRock Science and Technology Trust offers a ~7.5% yield through covered call options, focusing on U.S. and non-U.S. science and technology equities. BST's assets grew to $1.4B, with a stable expense ratio of 1.09%, and a 5-year dividend growth rate of nearly 19%. BST's tech-heavy portfolio poses risks in rising interest rate environments, impacting its share price and performance.
Dividend Harvesting Portfolio Week 207: $20,700 Allocated, $2,010.09 In Projected Dividends
The S&P 500 is up 3.96% YTD, and I predict it could reach 7,000 by the end of 2025. The Dividend Harvesting Portfolio reached a new milestone with a 28.65% ROI, generating $2,010.09 in forward annualized dividend income. I added to positions in Pfizer, Starwood Property Trust, and Reaves Utility Income Trust, focusing on undervalued stocks with strong dividend yields.
BST: Collecting Income From Tech At An Attractive Valuation
BST offers a 7.9% dividend yield, trading at a 4.58% discount to NAV, with significant tech exposure and an OTM option strategy for income. The fund's performance is hindered by its income-focused strategy, underperforming traditional tech indexes like QQQ, despite strong holdings in NVIDIA, Microsoft, and Apple. Interest rate cuts are delayed, impacting BST's growth potential, but the current discount and dividend sustainability make it an attractive buy.
My 9.5% Income Portfolio-Like Mosaic Tiles
Our investments, usually conceived and implemented gradually over time, are the pieces of a personal mosaic that form the whole of our assets. One solution for entering the financial markets can be Dollar-Cost Averaging (DCA), a form of investing a constant amount at regular intervals. However, initiating a plan to buy stocks according to the logic of DCA presupposes awareness of the fluctuations in financial markets and their psychological implications.
BST: High Yield Plus Tech Exposure
BlackRock Science and Technology Trust is a top choice for tech investors seeking sector exposure, benefiting from AI spending. BST's concentrated investments in Nvidia, Microsoft, and Apple, representing 30% of its portfolio, capitalize on AI growth, with a 15.5% annual NAV return since inception. Trading at a discount to NAV, BST represents a buying opportunity, especially given its historical performance and focus on high-growth semiconductor and tech sectors.
Closed-End Funds: Screening For Potential Opportunites To Kick Off Q1 2025
The closed-end fund space saw a significant narrowing of discounts throughout 2024 as equity markets charged higher and now discounts remain tight heading into 2025. In particular, equity CEFs have seen significantly narrowed discounts along with taxable fixed-income, though municipal bond funds look relatively attractive after widening discounts in December. We are screening for funds with the deepest discounts and widest z-scores to find potential buys and funds that may be getting a bit pricey as sell candidates.
BST: An Attractively Valued Technology Play (Rating Upgrade)
STK has historically outperformed BST, but BST currently offers better value based on discount/premium valuation metrics. Both funds employ a covered call strategy, with STK's semiconductor exposure driving performance, as they had held heavier allocations to this sub-sector. BlackRock Science and Technology Trust has seen its discount widen out, and that makes it a relatively more attractive investment option at this time in the tech space.
My 9.5% Income Portfolio: Better With Less, But Better
Risk is the probability of a negative event in the future. An abstract concept that is not measurable; otherwise it would not be risk. Ascertaining value is the first step in controlling risk, that is, in reducing the possibility of incurring losses that cannot be predicted in advance. My choice to invest in securities with positive NAV performance over time is a way to try to control risk.
BST: 8% Tech Yield
BlackRock Science and Technology Trust offers an attractive 8% dividend yield by selling investments periodically and by using option strategies. BST primarily invests in tech companies, with significant exposure to semiconductors, software, and tech hardware, providing high-tech sector returns. Managed by BlackRock, BST offers income investors a high dividend yield compared to low-yield tech ETFs like Invesco QQQ Trust (QQQ).
Dividend Harvesting Portfolio Week 199: $19,900 Allocated, $1,908.79 In Projected Dividends
Despite recent declines, the Dividend Harvesting Portfolio remains profitable, generating $1,908.79 in forward dividend income with a 23.38% return on invested capital. I believe the Fed's rate cuts are misplaced, and lower rates are needed to reduce housing costs and further curb inflation. I am bullish on 2025, expecting the portfolio to generate between $2,500-3,000 in dividend income, driven by reinvestments and weekly allocations.
BST Trades At A -7.72% Discount To NAV And Yields Around 8%
The BlackRock Science and Technology Trust (BST) offers an 8% yield, trading at a -7.72% discount to NAV, and is poised for capital appreciation. With interest rates declining and a pro-business administration, 2025 is expected to continue 2024's bullish trend, benefiting BST's underlying holdings. Despite BST's underperformance compared to the S&P 500, its lucrative distribution and exposure to big tech make it attractive for hybrid investors seeking income and growth.
Stock Picks From Seeking Alpha's November 2024 New Analysts
Twenty-six new analysts joined Seeking Alpha in November, sharing diverse investment ideas highlighting their unique backgrounds and expertise. Top picks include U.S. Bancorp Preferred Series A, Hershey, and PepsiCo, emphasizing undervalued opportunities, dividend stability, and strategic growth potential. Analysts also spotlighted strong sell recommendations like BlackRock Science and Technology Trust and Luckin Coffee, citing fundamental flaws and competitive disadvantages.
BST: Tech Plus Dividend Income Is An Oxymoron
BST's dual mandate of growth and income via covered call writing and a managed distribution plan has led to underperformance, lagging the NASDAQ by 9% YTD. The fund's 8% "dividend yield" is misleading, as it relies on option writing and capital returns, limiting upside and hindering long-term growth. Portfolio changes show increased concentration and a significant rise in Nvidia's weight, highlighting active management's inconsistency compared to passive index trackers.
My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs.
3 Closed-End Fund Buys In The Month Of October 2024
Every month, I put cash to work in my closed-end fund portfolio to help build up cash flow over time. Broader equity markets have continued to perform well for the most part, and discounts narrowing on average for CEFs this year has kept me from wanting to get too aggressive. That said, I think there are still some opportunities for adding and worth putting capital to work more cautiously.
BST: Overrated, With Hidden Fundamental Flaws
An 8%+ yield may look attractive initially, but fundamental flaws emerge upon reviewing the fund's financial statements and distribution history. Management has incurred losses on options writing. Return-of-capital distributions and a negative CAGR indicate subpar portfolio management practices. BST has underperformed in terms of capital appreciation compared to other tech-focused ETFs like QQQM. Better alternatives exist, such as STK.
Need Income? 2 Picks To Pay Your Bills, Yields Up To 8%
Technology evolves rapidly, presenting both opportunities and challenges for investors. Tech companies tend to grow the fastest, but they also fail the fastest; gullible investors can quickly be outpaced, overwhelmed, and burned. We discuss two income-focused picks with up to 8% yields to benefit from all the tech innovation and growth.
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