EL7.AI
Stocks•23 June 2026•
2 min read

BlackRock Science Trust Eyes Gains on Deep NAV Discount and Anthropic Exposure

Key Facts

1BlackRock Science and Technology Trust is trading at an 11.46% discount to NAV, its deepest in years.
2The trust offers early exposure to AI firm Anthropic ahead of its anticipated IPO.
3The trust's current dividend yield is 6.2%, with expectations of a base raise or supplemental payout by year-end.

Amid the intensifying race for stakes in promising AI ventures, the BlackRock Science and Technology Trust is emerging as a strategic vehicle for investors seeking exposure to pre-IPO giants. The trust is currently trading at an 11.46% discount to its Net Asset Value (NAV), marking its deepest valuation gap in several years. This positioning offers a unique entry point into Anthropic, a leading AI firm, ahead of its highly anticipated public debut, while maintaining a 6.2% dividend yield with potential base raises or supplemental payouts expected by year-end.

This attractive valuation comes as technology-focused trusts gain momentum, with major institutions vying to bolster portfolios with companies driving the cloud and AI revolution. Per market data, similar thematic funds, such as those managed by ARK Invest, have experienced significant volatility, whereas the BlackRock trust maintains relative stability supported by its robust dividend policy. Analysts note that the holding in Anthropic places the trust in direct competition with entities invested in OpenAI, enhancing its long-term strategic appeal.

Investors should closely monitor any updates regarding Anthropic’s IPO timeline and broader macroeconomic catalysts, particularly following the Federal Reserve's decision to hold interest rates at 3.75% on June 17, 2026, which continues to influence risk appetite across the tech sector.