BTX (BlackRock Technology and Private Equity Term Trust) Moat Score: 3/10 (As of Aug. 07, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BTX BlackRock Technology and Private Equity Term Trust BTX
37 GF Score
Price $8.62
! 5 Warning Signs
View Full Analysis

What is BlackRock Technology and Private Equity Term Trust Moat Score?

BlackRock Technology and Private Equity Term Trust BTX +2.44% 37 Moat Score is 3 as of Aug. 07, 2026. GuruFocus rates BTX with a GF Score™ of 37/100. The stock has 5 warning signs investors should review. Among 1,692 Asset Management companies, BlackRock Technology and Private Equity Term Trust ranks better than 90.6% on this metric.

BlackRock Technology and Private Equity Term Trust has the Moat Score of 3, which implies that the company might have No Moat - Very weak/transient advantages.

BlackRock Technology and Private Equity Term Trust has No Moat: BTX lacks significant market leadership or unique competitive advantages. It operates in a competitive financial services sector with limited differentiation, no significant network effects, and minimal customer switching costs. The trust does not possess strong brand strength or proprietary technology that would provide a durable competitive edge.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes BlackRock Technology and Private Equity Term Trust might have No Moat - Very weak/transient advantages.

BlackRock Technology and Private Equity Term Trust  (NYSE:BTX) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

BlackRock Technology and Private Equity Term Trust Moat Score Related Terms

BTX vs BMEZ, PDX, ASST: Moat Score Comparison

For the Asset Management subindustry, BlackRock Technology and Private Equity Term Trust's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

BlackRock Technology and Private Equity Term Trust Moat Score vs Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Technology and Private Equity Term Trust's Moat Score distribution charts can be found below:

* The bar in red indicates where BlackRock Technology and Private Equity Term Trust's Moat Score falls into.


BTX
37GF Score
BlackRock Technology and Private Equity Term Trust BTX
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis
Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 3 mean?
BlackRock Technology and Private Equity Term Trust (BTX) has a Moat Score of 3 as of Aug. 07, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, BlackRock Technology and Private Equity Term Trust ranks #159 out of 1692 companies in the Asset Management industry, placing it in the top 9.4%.
Is BlackRock Technology and Private Equity Term Trust's Moat Score too high?
BlackRock Technology and Private Equity Term Trust's current Moat Score is 3. Based on the distribution chart, BlackRock Technology and Private Equity Term Trust ranks #159 out of 1692 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, BlackRock Technology and Private Equity Term Trust has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does BlackRock Technology and Private Equity Term Trust's Moat Score compare to BMEZ and PDX?
According to the Asset Management industry distribution chart, BlackRock Technology and Private Equity Term Trust ranks #159 out of 1692 companies for Moat Score. This places BlackRock Technology and Private Equity Term Trust in the top 9% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Asset Management company?
A good Moat Score depends on the Asset Management industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. BlackRock Technology and Private Equity Term Trust's current Moat Score is 3. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackRock Technology and Private Equity Term Trust stock overvalued right now?
BlackRock Technology and Private Equity Term Trust (BTX) has a current Moat Score of 3. The current Moat Score is 3. BlackRock Technology and Private Equity Term Trust's overall GF Score™ is 37/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For BlackRock Technology and Private Equity Term Trust (BTX), the current Moat Score is 3 as of Aug. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BlackRock Technology and Private Equity Term Trust Business Description

Address 100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Technology and Private Equity Term Trust is a closed-end management investment company. Its investment objectives are to provide total return and income through long-term capital appreciation.
37GF Score

Get the complete analysis for BTX

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.62
Price