BlackRock Energy and Resources Trust (BGR)

• Market cap: $330M
• 1 day: -0.24%
• 5 days: -0.55%
• 1 month: -8.20%
• 3 months: -1.56%
• 6 months: -2.84%
• Year to date: 0.40%
• 1 year: 0.08%
• 5 years: 11.16%
• 10 years: -37.31%

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 Q3 regulatory filings by fund managers ($100M+ AUM)

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

2% more funds holding

Funds holding: 65 [Q2] → 66 (+1) [Q3]

5.82% less ownership

Funds ownership: 35.38% [Q2] → 29.56% (-5.82%) [Q3]

19% less capital invested

Capital invested by funds: $128M [Q2] → $105M (-$23.9M) [Q3]

44% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 27