BTX · BlackRock Technology and Private Equity Term Trust
Know the company
Company overview
BlackRock Technology and Private Equity Term Trust invests in public technology shares and private companies. Appreciation is the main aim, so its monthly payment cannot be understood from interest and dividends alone.
Business
Technology and private equity CEF
Listing
BTX · XNYS
Reporting period
2026-06-30
Dividend schedule
Monthly
How the business works
Portfolio income after costs can be small or negative while technology and private holdings gain or lose value. Private-company valuations and the term structure make NAV a vital part of the income conversation.
Extras are shown separately and are not assumed to repeat.
Reported earnings
Each measure shown separately, per share
Net investment income-$0.05
Jan 1, 2026 to Jun 30, 2026
-$0.05$0.00
Distribution yield7.18%Sourced distributions divided by dated market priceReported annual income yield-0.91%Reported net investment income $-0.0600 per share for 2025-01-01 to 2025-12-31, divided by approved 2025-12-31 market price $6.5900. Excludes capital gains; historical, not a current yield or forecast.Annual earnings$-0.10Public Researched estimate per shareAnnual dividend$0.63Current regular payment annualized per shareDistribution supportSee period evidenceCash distributions, NAV and reported returns are shown separately; no earnings-coverage ratio is assigned.
Verified dividend dates and payment components
Issuer announcements supplement the recorded totals above. Each declared payment is shown separately. Additional payments are not assumed to repeat.
The latest four recorded reporting periods. Each issuer measure keeps its own name and dates. These source records supplement the Fly High figures above; different measures are not added together or assumed comparable.
Reviewed USD market closes or SEC-reported prices matched to NAV dates. A different price date or split adjustment is shown in the label.
Cash distributions and reported returns
Cash distributions are the total paid per share during each reporting period, including any gains or return of capital. Period lengths may differ, so compare the dates before comparing amounts. Short periods are not annualized.
NAV change excludes distributions. Reported NAV total return includes reinvestment and is copied from the fund statement, not estimated by adding cash distributions to the NAV change.
Distribution and NAV evidence
Cash paid, opening and closing NAV, and the fund-reported NAV total return are separate observations. NAV change excludes distributions. These figures show outcomes, not which source funded a payment or whether future distributions are sustainable. Net investment income excludes investment gains and is not a payout-coverage ratio.
Losses or weaker cash generation in technology shares and private-company valuations can reduce the resources available for future distributions.
Monitor
A change can affect future shareholder cash payments or the capital supporting them.
Leverage and financing
The current data service reports effective leverage of 1.08%. Financing magnifies gains and losses, and borrowing costs reduce income available to common shareholders.
Monitor
A change can affect future shareholder cash payments or the capital supporting them.
The assets behind the earnings
How BTX makes money
Financial snapshot: 2026-06-30. Research reviewed 2026-09-21. Source dates are retained with each measure; historical results are not a forecast.
The assets it owns
$1,267.952 million gross assets at June30,2026Four balance-sheet asset groups
Net assets were$1,247.735 million after liabilities. Affiliated investments include cash collateral investments, not automatically private-equity holdings.
Unaffiliated investments97.693011386169%
Affiliated investments1.7455377616854%
Cash and foreign currency0.078558576602838%
Receivables and prepaid assets0.48289227554282%
Share of gross balance-sheet assets, not sector allocation.
For the first half of 2026, BTX recorded a $0.05 net investment loss per share against $0.32 distributed. The filing also reported investment gains outside net investment income. A negative income-only ratio is not a full judgment of this appreciation-led strategy.
Portfolio dividends and interest, realized investment results and any option activity contribute to distribution resources after expenses. A declared distribution can include gains or return of capital as well as investment income; its amount is not an earnings figure.
The earnings available to shareholders depend on the cash generated by these activities after operating and financing costs. Portfolio gains, financing proceeds and recurring income should be evaluated separately.
The portfolio information checked September 11, 2026 reports effective leverage of 1.08%.
Financing can increase earning assets, but its cost reduces income available to common shareholders. When borrowing costs rise or portfolio income falls, the distribution can become harder to sustain.
BlackRock Technology and Private Equity Term Trust reported $-0.0500 per share for 2026-01-01 through 2026-06-30, measured as Fund net investment income per common share; actual reporting period, not annualized.
Actual per-share reporting period, without annualisation. Net investment income, realized gains, unrealized changes and cash distributions are different measures. This comparison is not the Fly High forward Dividend Coverage Ratio.
Losses or weaker cash generation in technology shares and private-company valuations can reduce the resources available for future distributions.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
A maintained payment can exceed investment results. Review NAV and reported income together rather than treating distribution yield as total return.
Watch for changes in the underlying exposure and the next reported results before treating the current payment as evidence of continuing earnings support.
Follow realized gains, private-holding values, distribution sources and NAV together. Ask whether the cash paid is supported by the broader investment result, not by income alone.
Net asset value (NAV)
NAV per share$10.2300Sep 29, 2026Market price$8.9500Sep 29, 2026PREMIUM / DISCOUNT TO NAV12.51% discountCalculated from the displayed same-date values.
NAV is the fund's assets minus liabilities, divided by shares outstanding. All values are USD per share.
CEFConnect current common-share NAV and closing market price, both dated 2026-09-29. The published premium or discount agrees with the calculation within source rounding. Older audited NAV history remains unchanged.
Six distinct issuer-reported financial periods are connected.
Monthly$0.0525 payments are declared through December2026.
Net investment losses, realized gains and unrealized gains remain separate.
What to watch next
Follow realized gains, private-holding values, distribution sources and NAV together. Ask whether the cash paid is supported by the broader investment result, not by income alone.
Fly High context
Follow realized gains, private-holding values, distribution sources and NAV together. Ask whether the cash paid is supported by the broader investment result, not by income alone.
Loading current company feeds…
U.S. federal · Tax year 2025
Dividend tax treatment
The issuer's 2025 estimate shows mainly return of capital. The mix can change from year to year.
Ordinary, nonqualified
0%
Qualified dividends
0%
Capital-gain distributions
0%
Return of capital
100%
This 2025 estimate gives you a useful sense of where the cash may land for tax purposes. It may differ from the final forms. Think of it as a guide to the year, then use your own tax statement for the final split.
The issuer calls this breakdown an estimate. The issuer explicitly calls these amounts estimates and says they are not for tax reporting. Actual tax character depends on each shareholder's Form 1099-DIV. Never mark these rows final. Your Form 1099-DIV may show a different final mix. See the issuer's estimate.
Tax year: 2025.
Tax details and source
Total ordinary dividends (includes qualified)
0%
Section 199A portion (within ordinary dividends)
Not confirmed
Exempt-interest distributions
Not confirmed
Reporting form
Form 1099-DIV
Source date
Not stated
Qualified dividends are included in total ordinary dividends. Section 199A is a separate designation within ordinary dividends, not extra income or qualified dividend income.
Your account type, holding period and circumstances affect treatment. Use your broker’s tax statement for filing. Return of capital generally reduces cost basis; amounts beyond basis can be taxable. IRS dividend guidance.
