Ciena Corporation’s (CIEN) Underweight Position Hurt BTX’s Performance

BlackRock, an investment management company, released its fourth-quarter 2025 investor letter for the “BlackRock Technology and Private Equity Term Trust”.  A copy of the letter can be downloaded here. BlackRock Technology and Private Equity Term Trust (BTX) follows a unique method by combining technology stocks from the U.S., non-U.S., and private investments and investing in equities across small, mid, and large cap companies with above-average earnings growth potential. BTX returned 0.7% on market price and 1.5% on net asset value (NAV) in Q4 compared to -0.1% for the MSCI ACWI...