BlackRock Innovation and Growth Term Trust

Frequently Asked Questions About BTX

What does BTX invest in?

BlackRock Technology and Private Equity Term Trust is a mutual fund launched by BlackRock, Inc. The fund is managed by BlackRock Advisors, LLC. BlackRock Technology and Private Equity Term Trust is domiciled in the United States.

What is the expense ratio of BTX?

BlackRock Innovation and Growth Term Trust (BTX) charges an expense ratio of 1.46%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BTX?

BlackRock Innovation and Growth Term Trust (BTX) manages $983.9M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BTX actively managed or an index fund?

BTX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BTX launched?

BlackRock Innovation and Growth Term Trust (BTX) launched in March 2021 and is managed by BlackRock / iShares.

How has BTX performed?

BTX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.