- Login
Register now
- Home
- Daily Pricing
- Fund Screener
- Portfolios
- Alerts
- Education Center
Manage AlertsBlackRock Innovat and Growth Term Trust:BIGZ
Overview
As of 3/5/2024
| Share Price | NAV | Premium/ Discount | |
|---|---|---|---|
| Current | $7.92 | $9.15 | -13.44% |
| 52 Wk Avg | $7.46 | $8.90 | -16.21% |
| 52 Wk High | $8.35 | $9.73 | -11.44% |
| 52 Wk Low | $6.21 | $7.66 | -20.75% |
| Regular Distribution Type† | Managed Distribution |
| Distribution Rate | 6.74% |
| Distribution Amount | $0.0445 |
| Distribution Frequency | Monthly |
Closing Price ($) vertical range:
Past performance is no guarantee of future results.
Basic Information
Investment Objective
The Trust’s investment objectives are to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust will invest primarily in equity securities issued by mid- and small-capitalization companies that the Manager believes have above-average earnings growth potential. The Trust may invest in shares of companies through IPOs. The Trust may invest up to 25% of its assets in securities of foreign companies, including companies located in emerging markets. Foreign securities in which the Trust may invest may be U.S. dollar-denominated or non-U.S. dollar-denominated.
Capital Structure
As of 3/5/2024
| Total Investment Exposure: | $2,097.016M |
| Total Common Assets: | $2,076.218M |
| Common Shares Outstanding: | 226,909,123 |
Leverage
As of 3/5/2024
| Total Debt (USD): | $20.797M |
| Regulatory Leverage (USD): | $20.797M |
| Effective Leverage (USD): | $20.797M |
| Effective Leverage (%): | 0.99% |
Annual Expense Ratios
As of 12/31/2023
| Per Common Share | |
| Management Fees | N/A |
| Other Expenses: | N/A |
| Baseline Expense: | N/A |
| Interest Expense: | N/A |
| Total: | 1.36% |
Fund Management
Fund Sponsor
BlackRock
Portfolio Managers
Christopher M. Accettella, William Broadbent, Kyle McClements, Phil Ruvinsky
Basics
| Category: | Equity-U.S. Equity |
| Ticker: | BIGZ |
| NAV Ticker: | XBIGX |
| Average Daily Volume (shares): | 873,467 |
| Average Daily Volume (USD): | $6.468M |
| Inception Date: | 3/26/2021 |
| Inception Share Price: | $20.00 |
| Inception NAV: | $20.00 |
| Tender Offer: | No |
| Term: | Yes |
| Fiscal Year End: | December 31 |
Third Party Links & Reports
Distributions
As of 3/5/2024
Past performance is no guarantee of future results.
Distribution History
Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.
to
| Declared Date | Payable Date | Ex Date | Distrib Amount | Income | Long Gain | Short Gain | ROC |
|---|
*Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.
Key Information Regarding Distributions†
| Avg. Earnings Per Share: As of 6/30/2023 | -$0.0572 |
| Annualized Distribution Rate on NAV: As of 3/5/2024 | 5.83% |
| Total Return on NAV (12 months): As of 3/5/2024 | 7.93% |
| Total % Portfolio Effectively Leveraged: As of 3/5/2024 | 0.99% |
Pricing Information
Premium/Discount Information
Past performance is no guarantee of future results.
Premium/Discount Information
As of 3/6/2024
| Period | Avg Discount |
|---|---|
| 6 Month | -16.18% |
| 1 Year | -16.21% |
| 3 Year | |
| 5 Year |
Z-Score
As of 3/5/2024
| Period | ZStat |
|---|---|
| 3 Month | 0.98 |
| 6 Month | 1.28 |
| 1 Year | 1.55 |
Pricing History
from
| Date | NAV | Premium / Discount |
|---|
Performance
Calendar Year Total Returns
As of 2/29/2024
Category: Morningstar US CEF US Equity
| Return Year | Price | NAV | Category - Price | Category - NAV |
|---|---|---|---|---|
| YTD | 10.56% | 3.45% | 4.20% | 4.12% |
| 2023 | 19.19% | 11.42% | 15.59% | 17.84% |
| 2022 | -47.76% | -42.12% | -20.28% | -16.72% |
Past performance is no guarantee of future results.
View Group Definitions
Annualized Total Returns
Returns for periods less than one year are cumulative rather than annualized
As of 2/29/2024
Category: Morningstar US CEF US Equity
Past performance is no guarantee of future results.
Portfolio Characteristics
Portfolio Characteristics
| Number of Holdings: As of 1/31/2024 | 90 |
| Annual Portfolio Turnover: As of 12/31/2023 | 41.00% |
Asset Allocation
As of 1/31/2024
Top Sectors
As of 1/31/2024
| Sector | %Portfolio |
|---|---|
| Sensitive (Super Sector) | 43.57% |
| Technology | 30.47% |
| Defensive (Super Sector) | 15.32% |
| Healthcare | 15.04% |
| Cyclical (Super Sector) | 14.99% |
| Industrials | 11.60% |
| Consumer Cyclical | 8.00% |
| Cash Equivalents (Super Sector) | 5.58% |
| Cash Equivalents | 5.58% |
| Financial Services | 4.21% |
Top Holdings
As of 1/31/2024
| Holding | Value | % Portfolio |
|---|---|---|
| Axon Enterprise Inc | $64.15M | 3.24% |
| Saia Inc | $55.04M | 2.78% |
| CoStar Group Inc | $53.17M | 2.68% |
| HubSpot Inc | $52.73M | 2.66% |
| Monolithic Power Systems Inc | $52.68M | 2.66% |
| West Pharmaceutical Services Inc | $51.97M | 2.62% |
| Entegris Inc | $51.38M | 2.59% |
| Align Technology Inc | $50.07M | 2.53% |
| Ansys Inc | $49.38M | 2.49% |
| PROJECT ROCKET SERIES E Prvt | $46.44M | 2.34% |
Country Allocation
As of 1/31/2024
| Country | % Portfolio |
|---|---|
| United States - Equity | 62.69% |
| Netherlands - Equity | 2.06% |
| Norway - Equity | 1.20% |
| Israel - Equity | 1.06% |
| Switzerland - Equity | 1.04% |
| Australia - Equity | 0.70% |
| Italy - Equity | 0.15% |
| Others - Equity | -0.15% |
Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.
NOTES:
† Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.
The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.
- Glossary
- Legal
- Privacy
- Feedback
- Help
Important information:
This site does not list all of the risks associated with each fund. Investors should contact a fund's sponsor for fund-specific risk information and/or contact a financial advisor before investing.
Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific Fund, please visit the Fund sponsor's website.
CEFConnect.com makes data for the universe of closed-end funds available as a courtesy to its users. CEFConnect.com data are supplied by the service provider, Morningstar. For certain data points, Morningstar uses publicly-available sources such as the Fund’s annual or semi-annual report, public announcements, press releases or regulatory filings; in some cases, it may rely on direct feeds from the Fund or Fund sponsor. Although the methodology behind the data shown for the products on this site may generally be the same as the Fund sponsor’s, the data itself may differ from that shown on the Fund website due to the frequency of the updates (daily vs. monthly vs. quarterly vs. annually). Users should consider these factors when evaluating the information shown on this site and review the Fund’s or Fund sponsor’s website for the Fund’s most recent and complete information including performance, objectives, risks, charges, expenses and prospectus, before making any investment decision.
This material is not intended to be a recommendation or investment advice, does not constitute a solicitation to buy or sell, or hold a security or an investment strategy, and is not provided in a fiduciary capacity. The information provided does not take into account the specific objectives or circ*mstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on an investor's objectives and circ*mstances and in consultation with his or her financial professional.
The content of this site, including but not limited to the text and images herein and their arrangement, are Copyright ©2024 by Nuveen, LLC All rights reserved.
Nuveen Disclaimer Information.
E-2949862P-E0623W
View Morningstar Notice and Disclaimer
