BlackRock Is Quietly Boosting These 3 Big Closed-End Funds [Forbes]
BlackRock Science and Technology Trust Common Shares of Beneficial Interest (BST)
NASDAQ:AMEX Investor Relations:
blackrock.com/investing/products/270141/blackrock-science-and-technology-trust-fund
Company Research
Source: Forbes
"Il Salone del Risparmio" is the Italian largest event in the asset management industry. (Photo by Emanuele Cremaschi/Getty Images) Getty Images One often-overlooked way for closed-end funds (CEFs) to give us a profit boost is for management to buy back a fund's shares. By now, buybacks are probably familiar to most investors: With “regular” stocks, buybacks reduce a company's share count, which boosts earnings per share and other per-share metrics, indirectly boosting share prices along the way. With CEFs, buybacks have a bit of a different effect. With these high-yielding funds, we want to focus instead on how buybacks affect the discount to net asset value (NAV, or the value of a CEF's underlying portfolio). Buybacks, Fixed Share Counts Help Management “Control” CEF Discounts Members of my CEF Insider service know that we love discounts to NAV because they're the primary indicator of CEF value. We can buy discounted CEFs, then “ride along” as the discount closes, propel
Show less
Read more
Impact Snapshot
Event Time:
BST
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BST alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BST alerts
High impacting BlackRock Science and Technology Trust Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
BST
News
- BSTZ: 12% Yield, 9% Discount [Seeking Alpha]Seeking Alpha
- BST: Tech Plus Dividend Income Is An Oxymoron [Seeking Alpha]Seeking Alpha
- Certain BlackRock Funds Announce Expiration and Preliminary Results of Tender Offers [Yahoo! Finance]Yahoo! Finance
- Dividend Investor Earns $300K Per Year On $4.4M Investment: Their Top 10 Picks [Yahoo! Finance]Yahoo! Finance
- BST: Get Paid An 8.4% Yield For Owning Tech Stocks [Seeking Alpha]Seeking Alpha
BST
Sec Filings
- 11/26/24 - Form NPORT-P
- 10/29/24 - Form 4
- BST's page on the SEC website