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Stock impact report

This 13% Dividend Is Getting A Makeover. Time To Buy? [Forbes]

BlackRock Science and Technology Trust Common Shares of Beneficial Interest (BST) 
Company Research Source: Forbes
Today we're going to zero in on a 13%-yielder that's at the center of the action: the tech-focused BlackRock Innovation and Growth Term Trust (BIGZ) Yes, the fund focused on tech. So the pullback in American AI stocks on news that Chinese AI chatbot DeepSeek, which was launched earlier this month, can rival the latest version of Open AI's ChatGPT, factors in here, too. BIGZ is a closed-end fund (CEF) with nearly $2 billion in assets under management— enormous for a CEF (The “BIG” is right in the ticker, after all). So any changes to BIGZ are worth watching, especially when, as is the case now, those changes (including a big share-buyback program) are partly a response to activist action, both around the fund's sponsor, BlackRock , and the CEF industry as a whole. Let's dive into exactly what's going on here. These BlackRock CEFs Combine for Strong Gains, Lower Volatility The best place to start, actually, is with BlackRock's other two big tech CEFs, the 8.2%-yielding Black Show less Read more
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