BlackRock Science and Technology Trust invests in tech and science stocks, and is currently yielding 9.1%
They sell covered calls and puts and pay proceeds as a “dividend” monthly with high special payouts from time to time.
Pretty high expense ration of 1%
Top 10 holdings are:
APPLE INC 5.88
MICROSOFT CORPORATION 5.64
MARVELL TECHNOLOGY INC 2.82
ALPHABET INC 2.82
PROJECT KAFKA ORDINARY 2.75
MASTERCARD INC 2.49
TESLA INC 2.16
PROJECT SHOPPING SERIES E 2.01
VISA INC 2.01
AMAZON.COM INC
I've being DCAing into it at 29-32$ levels, considering starting again in a few month, since tech valuations are becoming more reasonable.
I already own some of their top holdings anyways, and was considering selling puts/calls myself, but don't really have required capital for contracts, nor time and skill to properly execute. Pretty sure I will not be able to get to that kind of yield myself.
Though some of you might be interested.
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