BlackRock Science and Technology Trust (BST)

Profile

https://www.blackrock.com/investing/products/270141/blackrock-science-and-technology-trust-fund

BlackRock Science and Technology Trust is a closed-end equity mutual fund designed to provide investors with a blend of income and total return. Its primary objective is to generate current income, gains, and long-term capital appreciation by investing at least 80% of its assets in equity securities of U.S. and non-U.S. companies within the science and technology sectors. This includes firms across all market capitalizations, chosen for their rapid and sustainable growth potential through technological innovation or for their ability to generate stable income via advantageous dividend yields. A distinguishing feature of the Trust is its use of a covered call option strategy on a portion of its equity holdings, enhancing income generation while offering some downside risk mitigation. The fund is managed by a team at BlackRock Advisors, LLC and launched in October 2014. It appeals particularly to investors seeking diversified exposure to global technology leaders while benefiting from regular monthly income distributions. Its concentrated focus on the technology sector means it may experience higher volatility compared to more broadly diversified funds, positioning it as a significant player for those looking to capture both the growth and the income opportunities present in today’s innovation-driven markets.