BlackRock Energy and Resources TrustBGR
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
Research analyst outlook
We haven’t received any recent analyst ratings for BGR.