Equity

BTX

BlackRock Technology and Private Equity Term Trust TERM

  • NAV as of Mar 28, 2025 $6.62
    52 WK: 6.62 - 9.21
  • NAV Total Return as of: Feb 28, 2025 YTD: -6.64
  • Distribution Rate as of Mar 28, 2025 16.33%
  • Market Price as of Mar 28, 2025 $6.33
  • Market Price Total Return as of: Feb 28, 2025 YTD: -2.25
  • Premium Discount as of Mar 28, 2025 -4.38%

BlackRock Announces Changes to BlackRock Innovation and Growth Term Trust (BIGZ).

Overview

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Performance

Performance

Distributions

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Past distributions are not indicative of future distributions.


If a Fund estimates that it has distributed more than its income and net realized capital gains in the current fiscal year; a portion of its distribution may be a return of capital. A return of capital may occur, for example, when some or all of a shareholder's investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect a Fund's investment performance and should not be confused with 'yield' or 'income'. When distributions exceed total return performance, the difference will reduce the Fund's net asset value per share. Although the character of income will not be determined until the end of the fund’s fiscal year, please refer to the 'Closed-End Fund Resources' section of the BlackRock website for Section 19 notices that provide estimated amounts and sources of the fund's distributions, which should not be not be relied upon for tax reporting purposes. A Form 1099-DIV for the calendar year will be sent to shareholders to illustrate how the Fund’s distributions should be reported for federal income tax purposes.

  1y 3y 5y 10y Incept.
Total Return (%) 3.39 -11.65 - - -12.73
Market Price (%) 13.22 -11.02 - - -15.42
  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) 3.39 -3.93 - 3.39 -31.03 - - -40.05
Market Price (%) 13.22 -5.84 - 13.22 -29.54 - - -46.71
  2020 2021 2022 2023 2024
Total Return (%) - - -41.11 13.28 3.39
Market Price (%) - - -47.74 19.09 13.22

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.


Returns are shown net of advisory fees paid by the fund and net of the fund’s operating fees and expenses. Investors who purchase shares of the fund through an investment adviser or other financial professional may separately pay a fee to that service provider. Past performance is not indicative of future results.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be found in the Performance section.

Key Facts

Key Facts

Net Assets
as of Mar 28, 2025
$1,411,417,092
Share Class launch date
Mar 26, 2021
Asset Class
Equity
Distribution Frequency
Monthly
Lipper Classification
Sector Equity Funds
CUSIP
09260Q108
Managed Assets
as of Mar 28, 2025
$1,411,417,092.14
Exchange
New York Stock Exchange Inc.
Shares Outstanding
as of Mar 28, 2025
213,338,148
Morningstar Category
Mid-Cap Growth
Premium Discount
as of Mar 28, 2025
-4.38%
Number of Holdings
as of Feb 28, 2025
86

Portfolio Characteristics

Portfolio Characteristics

Distribution Rate
as of Mar 28, 2025
16.33%
Type of Options
Single Stock
Average Market Cap (Millions)
as of -
-
% Overwritten
as of Dec 31, 2024
12.45

Fees

Fees

on net assets
Gross Expense Ratio 1.51%
Management Fee 1.25%
Interest Expense 0.00%
Other Expenses 0.26%
Acquired Fund Fees and Expenses 0.00%
on managed assets
Acquired Fund Fees and Expenses 0.00%
Interest Expenses 0.00%
Management Fee 1.25%
Other Expenses 0.26%
Gross Expense 1.51%

Fees data reflected above is current as of the latest annual shareholder report.

Holdings

Holdings

as of Feb 28, 2025
Name Weight (%)
NVIDIA CORPORATION 8.79
PROJECT PICASSO 3.57
SPOTIFY TECHNOLOGY SA 3.18
REDDIT INC 2.88
ASTERA LABS INC 2.57
Name Weight (%)
TESLA INC 2.31
CREDO TECHNOLOGY GROUP HOLDING LTD 2.30
PROJECT OVERCAT SERIES B 2.17
MARVELL TECHNOLOGY INC 2.02
VIA TRANSPORTATION INC 1.98
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Feb 28, 2025

% of Market Value

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as of Feb 28, 2025

% of Market Value

as of Feb 28, 2025

% of Market Value

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as of Feb 28, 2025

% of Market Value

as of Feb 28, 2025

% of Market Value

Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Tony Kim
Tony Kim
Head of Fundamental Equities’ Global Technology Team, Portfolio Manager, Managing Director

 

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Tony Kim, Managing Director, is Head of the Global Technology Team within the Fundamental Equities division of BlackRock’s Portfolio Management Group. He is lead portfolio manager of the BlackRock Technology Opportunities Fund and related global strategies.


Mr. Kim joined BlackRock in 2013. His 30 years of experience in technology investments also includes key roles at Artisan Partners, Credit Suisse Asset Management, Neuberger Berman, Merrill Lynch and SG Warburg. 

 

Mr. Kim is a member of the Advisory Board for Columbia Business School’s Digital Future Initiative, which brings together Columbia faculty members and leaders from across industries to help organizations, governments and communities optimize and accelerate the technological advances of the future.

 

Mr. Kim earned a BS degree in Industrial Engineering from the University of Illinois and an MBA from Columbia University.

Reid Menge
Reid Menge
Portfolio Manager, Managing Director, Fundamental Equities Global Technology Team
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Reid Menge, Managing Director, is a member of the Fundamental Equities division of BlackRock’s Portfolio Management Group. He is co-portfolio manager for the Global Technology equity portfolios and responsible for coverage of the technology sector.

 

Prior to joining BlackRock in 2014, Mr. Menge was an Associate Director of Equity Research at UBS covering global technology. From 2006 to 2009, he was an investment research analyst at Citigroup responsible for global software. From 2003 to 2006, Mr. Menge was a member of the Prudential Equity Group, where he was responsible for enterprise software coverage. Mr. Menge began his investment career in 2001 at Credit Suisse First Boston as an analyst for fixed income sales.

 

Mr. Menge earned a BA degree in History from Cornell University in 2001.

Portfolio Manager

Literature

Literature