BST Overview

Dividend Declaration: BlackRock Science & Technology Trust (BST) has declared a special dividend of $1.2015 per share, payable on December 31, with shareholders of record on December 22.

Dividend Details: The ex-dividend date is also set for December 22, and additional information is available through the BST Dividend Scorecard, Yield Chart, and Dividend Growth metrics.

Investment Profile: BST is characterized as a technology options closed-end fund (CEF) with a 7.3% yield, focusing on AI and offering monthly payouts, though it carries some volatility.

Performance Potential: The fund has the potential to earn significant alpha, as indicated by Seeking Alpha’s Quant Rating on BlackRock Science & Technology Trust.

Dividend Declaration: BlackRock Science & Technology Trust (BST) has declared a monthly dividend of $0.25 per share, payable on December 31 to shareholders of record on December 22, with an ex-dividend date also on December 22.

Investment Focus: BST is characterized as a technology options closed-end fund (CEF) with a 7.3% yield, emphasizing growth without leverage, although it may experience volatility.

AI Portfolio: The trust features an AI-focused portfolio that offers monthly payouts, indicating a strategic investment in technology sectors.

Performance Potential: There is potential for BST to earn significant alpha, as highlighted by Seeking Alpha’s Quant Rating, which assesses the fund's performance metrics.

Misconceptions about CEFs: Many investors misunderstand closed-end funds (CEFs), particularly regarding their fees and yields, which can lead them to miss out on significant dividends compared to ETFs like the SPDR S&P 500 ETF Trust (SPY).

CEF Fees Explained: While CEFs have higher average management fees (around 2.9%), these fees are taken from the fund's portfolio before dividends are distributed, meaning investors receive the full yield reported, which can be substantially higher than that of index funds.

Performance Comparison: CEFs like the BlackRock Science and Technology Trust (BST) and Columbia Seligman Premium Technology Growth Fund (STK) have outperformed the S&P 500 index, even after accounting for their fees, highlighting their potential for higher returns.

Investment Strategy: Investors can benefit from a "CEF rotation" strategy, buying CEFs when they are undervalued and selling when they are overvalued, while also enjoying high yields and diversification across various asset classes.