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Security Profile
- Security Type
- Closed-End Fund
- CUSIP
- 09250W107
- Market Cap
- Small Cap · $330 Million
- IPO
- 3/31/2005 · $25.00/share
- Parent Company
- BlackRock, Inc. (BLK)
Fund Description: BlackRock Health Sciences Trust is an exchange-traded closed-end fund or a closed-end ETF which is officially described as a non-diversified, closed-end management investment company. INVESTMENT OBJECTIVE: The BlackRock Health Sciences Trust seeks to provide total return through a combination of current income, current gains and long-term capital appreciation. TRUST STRATEGY: To achieve this objective by investing primarily in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry. Under normal market conditions, the Trust will invest at least 80% of its total assets in equity securities of companies engaged in the health sciences and related industries and equity derivatives with exposure to the health sciences industry. Companies in the health sciences industry include health care providers as well as businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment or services or that provide support services to these companies. Equity securities in which the Trust anticipates investing include common stocks, preferred stocks, convertible securities, warrants, depository receipts and equity interests in real estate investment trusts that own hospitals. BlackRock Advisors LLC is the Trust's investment advisor and BlackRock Financial Management, Inc. serves as the sub-adviser.
Company Contact
- Headquarters
- 40 East 52nd Street, New York, NY 10022
- Phone
- 800-882-0052 · Toll-Free 800-441-7762
- Investor Relations
- 800-441-7762 · invrel@blackrock.com.