BlackRock Technology and Private Equity Term Trust Price & Performance (BTX)

BlackRock Technology and Private Equity Term Trust (BTX) shareholders have endorsed changes allowing the fund to focus more heavily on technology-related sectors and shift from diversified to non-diversified status. This move, driven by evolving market dynamics, aims to enhance returns but may increase risk as sector concentration rises.12

BlackRock Income and Growth Investment Trust reported an 8.1% NAV rise over the past year, despite recent equity market setbacks linked to tariff concerns and economic uncertainty. The trust remains UK-focused, with a 3.9% net yield and a 12.3% discount to NAV, reflecting cautious investor sentiment.3

Saba Capital is poised to receive a substantial payout from BlackRock’s BTX and BMEZ tender offers, potentially cashing out over $650 million by mid-July. The deals follow a recent détente between Saba and BlackRock, with Saba agreeing to refrain from activism in several BlackRock trusts until 2027.4