BlackRock Science and Technology Trust
BST
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- John Perlowski
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 55 East 52nd Street New York City NY United States of America 10055
- IPO Date
- Oct 29, 2014
- CIK
- 0001616678
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock Science and Technology Trust (BST) is a closed-end equity fund managed by BlackRock Advisors, LLC, that seeks total return and income through a combination of current income, current gains, and long-term capital appreciation. Under normal market conditions, the Trust invests at least 80% of its total assets in equity securities issued by U.S. and non-U.S. science and technology companies across all market capitalization ranges, focusing on high-growth stocks driven by scientific and technological advancements as well as cyclical stocks offering attractive dividend yields; it also employs a covered call options writing strategy on approximately 30% to 40% of its portfolio to enhance income. Key holdings include leading firms such as NVIDIA Corporation, Microsoft Corporation, Broadcom Inc., Apple Inc., and Meta Platforms Inc., alongside innovative names like Databricks Inc., Anduril Industries Inc., and PsiQuantum Corp., spanning sectors including information technology, biotechnology, AI infrastructure, data centers, and advanced manufacturing. Launched on October 28, 2014, and domiciled in the United States with principal executive offices historically at 100 Bellevue Parkway in Wilmington, Delaware, the Trust operates under the broader BlackRock, Inc. umbrella, headquartered at 50 Hudson Yards in New York, New York. It targets institutional and retail investors seeking exposure to global science and technology themes, with geographic operations encompassing U.S. and international equity markets through public securities and derivatives such as options. In recent developments, the Trust has navigated robust sector tailwinds from artificial intelligence-driven capital expenditures, with core holdings benefiting from accelerated data center investments projected to reach $360 billion in 2025 and major technology firms increasing spending to approximately $200 billion amid generative AI demand. Institutional investors such as Stephens Inc. AR expanded holdings by 3.1% in Q2 2025, while Goldman Sachs Group Inc. grew its position by 10.8% in Q1 2025, reflecting sustained confidence in the fund's strategy. As of June 2025, managed assets stood at $1,410.8 million, with a monthly distribution rate of 7.86% and a portfolio of 100 holdings emphasizing growth in AI, semiconductors, cloud computing, and quantum technologies.