BlackRock Energy and Resources TrustBGR
Market Cap: $330M
About: BlackRock Energy & Resources Trust is a closed-end equity fund providing total return through a combination of current income, gains and capital appreciation by investing in equity securities and derivatives of energy and natural resources companies. The fund invests in various sectors such as information technology, financials, healthcare, consumer discretionary, industrial, energy, materials and utilities.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
0.71% less ownership
Funds ownership: 32.08% [Q1] → 31.37% (-0.71%) [Q2]
8% less capital invested
Capital invested by funds: $124M [Q1] → $114M (-$9.82M) [Q2]
9% less funds holding
Funds holding: 70 [Q1] → 64 (-6) [Q2]
55% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 11
Research analyst outlook
We haven’t received any recent analyst ratings for BGR.