Company: BSTZ
Filing Date: 2025-09-04
Form Type: N-CSRS
Source: 0001193125-25-196080
Chunk: 45

Company: BlackRock Science & Technology Term Trust
Filing Date: 2025-09-04
Form: N-CSRS
Chunk 45
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,348 |
|                                     | $670,185,859 | $114,485,535 | $7,236,674 | $791,908,068 |
| Derivative Financial Instruments(a) |              |              |            |              |
| Liabilities                         |              |              |            |              |
| Equity Contracts                    | $(4,576,570) | $(1,806,761) |         $— | $(6,383,331) |

| (a) | Derivative financial instruments are options written. Options written are shown at 
 value.                                                                             |

A reconciliation of Level 3 financial instruments is presented when the Trust had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

|                                          | CommonStocks |
| Assets                                   |              |
| Opening balance, as of December 31, 2024 |   $8,643,354 |
| Transfers into Level 3                   |            — |
| Transfers out of Level 3                 |            — |
| Accrued discounts/premiums               |            — |
| Net realized gain (loss)                 |            — |

Schedule of Investments 83

Schedule of Investments (unaudited) (continued) June 30, 2025 BlackRock Resources & Commodities Strategy Trust (BCX)

|                                                                                                    | CommonStocks |
| Net change in unrealized appreciation (depreciation)(a)(b)                                         | $(1,406,680) |
| Purchases                                                                                          |            — |
| Sales                                                                                              |            — |
| Closing balance, as of June 30, 2025                                                               |   $7,236,674 |
| Net change in unrealized appreciation (depreciation) on investments still held at June 30, 2025(b) | $(1,406,680) |

See notes to financial statements.

84 2025 BlackRock Semi-Annual Report to Shareholders

Consolidated Schedule of Investments (unaudited) June 30, 2025 BlackRock Science and Technology Term Trust (BSTZ) (Percentages shown are based on Net Assets)

| Security                                                        |     |    Shares |       Value |
| Common Stocks                                                   |     |           |             |
| Aerospace & Defense — 0.4%                                      |     |           |