Is BlackRock's BIGZ Metamorphosis Into BTX A Buy Or A Sell Now?
Portfolio Pulse from
BlackRock's Innovation & Growth fund (BIGZ), a controversial equity CEF, has struggled since its inception in March 2021, primarily due to its investments in private equity technology companies. The fund's performance was further impacted by the Nasdaq-100's significant decline in 2022.
March 03, 2025 | 5:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
BlackRock's Innovation & Growth fund (BIGZ) has faced significant challenges since its launch, with its focus on private equity technology companies leading to poor performance amid a declining Nasdaq-100 in 2022.
The fund's focus on private equity technology companies has led to poor performance, especially after the Nasdaq-100's decline in 2022. This has likely affected investor sentiment negatively, impacting BlackRock's reputation and stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80