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BlackRock has a solid roster of CEFs that blend diverse sectors with consistent monthly distributions, including the BST Science and Technology Fund, which caters to tech enthusiasts looking for income amidst evolving market conditions.
Master Limited Partnerships (MLPs)
Master Limited Partnerships (MLPs) can be advantageous in two significant ways: they often issue forms that are simpler than traditional K-1s, like 1099s, simplifying tax filing. Certain MLP ETFs might also provide qualified dividends and ROC, enhancing their tax efficiency. While it’s crucial to evaluate each on a case-by-case basis, the AMLP ETF has been identified as a favorable choice in terms of distributions classified as qualified and ROC.