BLACK.SC.+TECH. TR. SBI

BlackRock Science and Technology Trust has defied the typical covered call fund performance, with a 20% year-to-date price appreciation and a history of raising dividends. BST writes covered calls against individual stocks, generating richer premiums, and only writes calls against a portion of its portfolio, allowing for price appreciation. The fund has a high beta and volatility, making it suitable for investors who feel bullish or neutral about the overall market, while risk-averse investors may prefer an index fund approach. » Mehr auf seekingalpha.com

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. » Mehr auf seekingalpha.com

BlackRock Science and Technology Trust has a track record that spans 8 1/2 years of paying a monthly distribution while providing investors with several increases bringing the distribution to $0.25 per month. The BST closed-end fund looks interesting as it trades at a 0.83% premium to NAV, and its underlying assets provide exposure to some of the most desired investments in the market. » Mehr auf seekingalpha.com