Updated: October 10, 2019
New funds are rare in the closed-end fund (CEF) world. But there’s a new kid on the block throwing off a monthly 6% dividend. Today we’re going to run through this new fund to see if it might have a place in your portfolio.
6% Dividends and Netflix-Like Growth—in 1 Fund
I’m talking about the BlackRock Science and Technology Trust II (BSTZ), launched in mid-May of this year.
The unique thing about BSTZ is right in its name: it’s no stodgy income play: its portfolio is packed with some of the fastest-growing tech plays out there.
I’m not talking about Apple (AAPL), Netflix (NFLX) or Facebook (FB).… Read more