
"Blade Runner (1982) was a sci-fi noir film starring Harrison Ford and Rutger Hauer that has since become hailed as a classic. It featured Hauer as Roy Batty, a Replicant, with the appearance of a normal man to a casual observer, but is actually a genetically created Super-Soldier designed for combat missions, who has an "expiration date", i.e., when he is predestined to die."
"BlackRock has seen the rapid changing of technology trends since BSTZ's 2019 inception: Artificial Intelligence, cloud computing, apps, and a host of other services and products have become ubiquitous in only the past few years. Given the ever-metamorphosizing technology sector landscape, portfolio manager Tony Kim has changed BSTZ's strategy from an 80/20 ratio of publicly traded companies to private ones to roughly 40/60 public to private ratio. This is primarily to take early advantage of pre-IPO or earlier technology company investing op"
The BlackRock Science and Technology Term Trust (BSTZ) is a closed-end fund created with a 12-year lifespan to focus on technology investments while providing shareholder income. The fund originally held a heavier mix of public equities but shifted its portfolio under manager Tony Kim toward a larger allocation to private, earlier-stage companies to capture pre-IPO opportunities. BSTZ is tasked with delivering strong returns through technology exposure and supplying a steady income stream, incorporating covered-call dividend strategies within a technology investment package aimed at contemporary investor preferences.
Read at 24/7 Wall St.
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