BlackRock Health Sciences Trust (BME)
| Market Value | 542.05M |
| Revenue (ttm) | 7.99M |
| Net Income (ttm) | 54.65M |
| Shares Out | 13.60M |
| EPS (ttm) | 3.92 |
| PE Ratio | 10.17 |
| Forward PE | n/a |
| Dividend | $2.65 (6.66%) |
| Ex-Dividend Date | Jan 15, 2025 |
| Volume | 80,939 |
| Open | 39.68 |
| Previous Close | 39.46 |
| Day's Range | 39.52 - 39.90 |
| 52-Week Range | 36.87 - 42.75 |
| Beta | 0.66 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About BME
BlackRock Health Sciences Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating in the health sciences and related sectors, which include businesses involved in researching, developing, producing, distributing or delivering medical, dental, optical, pharmaceutical or biotechnology products, supplies, equipment, or services. It also invests through equity derivati... [Read more]
News
BME And FLC: There Are Still Pockets Of Opportunities
Closed-end funds have seen significant discount narrowing in 2024 across the board, as discounts have been cut in more than half on average. Despite record highs being hit regularly this year in the S...
My Top Retirement Strategy For 14% Dividends In 2025
Not many people know this, but if you really want to diversify—deftly balancing and rebalancing to maximize (and protect) your gains, you need to invest in closed-end funds (CEFs).
Certain BlackRock Closed-End Funds Announce Estimated Sources of Distributions
NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYS...
BME: 8.4% Yield From An Undervalued Sector
Last time around, we had rated BlackRock Health Sciences Trust as a hold. The fund has not delivered much since then, but the sector has gotten really oversold. We go over the thesis for this one toda...
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I h...
BME: Defensive Healthcare Exposure With A Tender Offer Opportunity
BlackRock Health Sciences Trust offers exposure to healthcare companies and employs a covered call strategy to generate option premiums to help support the distribution. The latest tender offer measur...
BME: Discount To NAV But High Fees And Volatility
BME has delivered solid long-term returns since its 2005 launch, earning positive ratings from Seeking Alpha analysts, with most recent articles rating it a Buy or Strong Buy. The trust has a relative...
9 Closed-End Fund Buys In The Month Of August 2024
The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initial...
Certain BlackRock Funds Announce Expiration and Preliminary Results of Tender Offers: BMEZ, BME, BGY
NEW YORK--(BUSINESS WIRE)---- $BGY--The BlackRock closed-end funds (the “Funds”) listed below announced today the expiration and preliminary results of each Fund's tender offer (each, a “Tender Offer”...
My Top 10 Closed-End Fund Holdings: August 2024
Closed-end funds overall have seen discounts narrow since the start of the year, but opportunities still exist in certain areas of the market. With increased market volatility more recently, that may ...
BME: An Attractive Discount On This Healthcare CEF
BlackRock Health Sciences Trust (BME) offers exposure to the healthcare space while also utilizing a covered call strategy. BME's discount has narrowed since our last update but remains attractive, wi...
BlackRock's Global ETF AUM Hits $4T
BlackRock's Global ETF AUM reached $4T for the first time this week. Jay Jacobs discusses his company's launch of the iShares Manufacturing ETF under the ticker “MADE."
BME: Future Interest Rate Cuts May Be A Catalyst
BlackRock Health Sciences Trust trades at an attractive discount to net asset value. The dividend yield of 6.1% remains supported from net investment income. Some weakness revolves around the use of r...
BME: Quality Healthcare Fund With 6% Income And An Attractive Discount
BlackRock Health Sciences Trust is a healthcare sector-specific closed-end fund that invests in a fairly diversified portfolio of common stocks in the healthcare sector. It currently provides a reason...
Closed-End Funds: 2024 Revisit Of Funds That Never Cut Distributions With Inception Pre-2008
Closed-end funds tend to cut their payouts over time due to negative consequences of leverage during market crashes, leading to potential permanent capital destruction. Today, we are looking to revisi...
5 Closed-End Fund Buys In The Month Of April 2024
April turned out to be a little more exciting, with the broader equity market pulling back. This helped to create some added volatility that saw discounts widen in some closed-end funds. Every month I...
BME: Discount Widens Substantially Creating An Opportunity
BlackRock Health Sciences is trading at a discount not seen since the Global Financial Crisis, creating a potentially strong opportunity at this time. BME is a healthcare-focused fund with a stable un...
BME: Trading At A Historical Discount To NAV
BlackRock Health Sciences Trust is a diversified closed-end fund that focuses on the healthcare sector, offering a 6.35% dividend yield. BME currently trades at a historical discount to NAV of nearly ...
BME Vs. THW: A Distribution Cut Should Widen The Performance Gap
We had contrasting outlooks on the BlackRock Health Sciences Trust and abrdn World Healthcare Fund closed-end funds on our last coverage, with BME getting a "Buy" and THW getting a "Goodbye". BME has ...
My Top 10 Closed-End Fund Holdings: December 2023
I have a total of 41 positions in my closed-end fund portfolio, with the top ten positions making up 36.52% of the portfolio. We have four new names making their way to my top ten list since the prior...
BME: Historically One Of The Best Times For Entry
BlackRock Health Sciences Trust aims to generate total returns through a combination of current income and long-term capital appreciation. BME employs a covered call strategy, resulting in a high divi...
4 Closed-End Fund Buys In The Month Of September 2023
September was the worst month for equities in 2023, but that's simply creating buying opportunities for the long-term investor. I added to four different positions in my CEF portfolio this month, thou...
BME: A Discounted Opportunity In The Healthcare Space
BlackRock Health Sciences is trading at an attractive discount, creating a potential opportunity for income investors. BME employs a covered call writing strategy and has a history of steady monthly d...
BME Offers A Good Mix Of High Yield And Market-Beating Total Returns
BlackRock Health Sciences Trust is a CEF focusing on healthcare, offering a 6.5% yield and a strong performance record, even beating S&P 500 in total returns since its inception. The fund trades stock...