BlackRock Health Sciences Term Trust Releases Update on Managed Distribution Plan
Reuters
Sep 11
BlackRock Health Sciences Term Trust Releases Update on Managed Distribution Plan
BlackRock Health Sciences Term Trust $(BMEZ)$ has announced updates to its managed distribution plan, effective October 2025. The Trust, alongside BlackRock Science and Technology Term Trust $(BSTZ)$ and BlackRock Technology and Private Equity Term Trust (BTX), will transition from a floating rate distribution to a level rate distribution, aiming to enhance stability and potentially grow the net asset value. The new monthly distribution rates are set at $0.11000 for BMEZ, $0.16250 for BSTZ, and $0.05250 for BTX. These changes are designed to manage the proportion of public and private investments effectively.
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