BlackRock Science and Technology Term Trust Common Shares of Beneficial Interest (BSTZ)

Competitors to BlackRock Science and Technology Term Trust Common Shares of Beneficial Interest (BSTZ)

BlackRock Science and Technology Fund (BTSAX)

Both BSTZ and BTSAX focus on investments in the science and technology sectors, which means they target similar markets and investment opportunities. BSTZ typically engages with a closed-end fund structure, while BTSAX operates as an open-end mutual fund. This distinction can feed into the fee structures and investment flexibility that each offers to investors. However, BTSAX may benefit from being more accessible to a broader range of investors due to its mutual fund status and daily liquidity, giving it an edge in investor attraction and retention.

Fidelity Select Technology Portfolio (FSPTX)

FSPTX is a mutual fund with a focus on technology stocks, mirroring the strategy of BSTZ, but differs in that it has an active management approach. This might allow FSPTX to outperform in certain market cycles, creating competition with investors looking for growth potential in the tech sector. Fidelity has a strong reputation for research and investment performance which can attract conservative investors who prefer active management; however, BSTZ’s focus on specific opportunities within the science and technology sectors gives it a unique edge in targeting high-growth areas not typically covered by broader portfolios.

Invesco QQQ Trust (QQQ) 

The Invesco QQQ Trust is centered on tracking the performance of the Nasdaq-100 Index, which includes a high concentration of technology stocks. While QQQ provides a broad exposure to large-cap tech companies, BSTZ pursues a more targeted strategy within the science and tech sectors and can differentiate through specific investment choices that seek higher growth potentials in niche areas. However, QQQ has a significant competitive advantage due to its large assets under management, lower fees, and the liquidity it offers investors, making it a preferred choice for many seeking tech exposure.

Morgan Stanley Technology Fund (MGTAX)

MGTAX competes with BSTZ by investing in a broad array of technology-related stocks; however, it takes a more active management approach. Morgan Stanley's robust analyst team often positions it to capitalize on emerging trends in technology before they become mainstream, giving it an edge in the fast-paced tech sector. The competitive advantage of MGTAX lies in its experienced management and reputation in disciplined investment strategies, which attracts more risk-averse investors compared to BSTZ’s more concentrated approach.

T. Rowe Price Science & Technology Fund (PRSCX)

PRSCX competes with BSTZ by offering a mutual fund that invests deeply in science and technology stocks, similar to BSTZ's core strategy. T. Rowe Price has a longstanding reputation and a strong brand in active management. The competitive edge of PRSCX emanates from T. Rowe Price's managerial expertise and a comprehensive research platform that often leads to outperformance against passive strategies. PRSCX attracts investors looking for active management and potentially higher returns in volatile markets, which creates a tangible competition for BSTZ’s comparatively passive management approach.