BCX: A Discounted Entry Point Into The Commodities Sector [Seeking Alpha]
BlackRock Resources Common Shares of Beneficial Interest (BCX)
US:NYSE Investor Relations:
blackrockres.com
Company Research
Source: Seeking Alpha
BCX currently has a significant 14% discount to its Net Asset Value, providing an opportunity for investors to gain exposure to its portfolio at a reduced price. BCX offers a substantial 7.00% dividend yield, which could become even more attractive if interest rate cuts materialize. Additionally, the fund's weighted consensus estimates suggest a potential upside of 19%. Fund Overview BlackRock Resources & Commodities Strategy Trust ( NYSE: BCX ) is an equity closed-end fund. The fund invests in stocks with companies operating in the commodity space, with the distribution below based on the latest report provided by BlackRock (as reported as of September 30, 2023). These distributions will be updated as of 12/31/23 when the fund publishes its annual at the end of February 2024. The remaining 1.6% of assets are held in a variety of corporate bonds and money market accounts. With a high-level understanding of the fund and what assets are held within the fund, I'll begin to pre
Show less
Read more
Impact Snapshot
Event Time:
BCX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BCX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BCX alerts
High impacting BlackRock Resources Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
BCX
News
- Certain BlackRock Closed-End Funds Announce Adoption of Discount Management ProgramBusiness Wire
- Distribution Dates and Amounts Announced for Certain BlackRock Closed-End FundsBusiness Wire
- Certain BlackRock Closed-End Funds Announce Estimated Sources of DistributionsBusiness Wire
- Certain BlackRock Closed-End Funds Announce Estimated Sources of DistributionsBusiness Wire
- Distribution Dates and Amounts Announced for Certain BlackRock Closed-End FundsBusiness Wire
BCX
Sec Filings
- 3/14/24 - Form N-CEN
- 3/6/24 - Form N-CSR
- 2/26/24 - Form NPORT-P
- BCX's page on the SEC website