BIGZ has been holding well at current levels. Mostly exposure is in semi-conductors, which have outpaced the market. Risks: Company has high distribution yield of 11%+, downside is that sometimes that distribution is by way of return of capital. still it trades at a discount as compared to NAV.
BIGZ has also invested in privately held companies, which includes DISCORD, and we all know DISCORD is a true unicorn that is already monetizing its platform.
when the time is right and these private companies enter the IPO market, BIGZ should do reasonably better.
i do not see it going bank to launch price of 20 - at that price it was a scam, with BlackRock well aware that market was in a bubble with low interest rates ending soon.
bad memory just kicked in when my Merill Lynch advisor said its a diversified fund and i should subscribe for 100K, and later he called me that i got 100% subscription. i knew at that point i have been screwed. now the 20 / share is reduced to $ 7 / share. while Black Rock paid top dollar to buy those shares at the time, share of which companies are trading for pennies now.