The BlackRock Energy & Resources Trust Is A Safer Way To Invest In Energy [Seeking Alpha]
BlackRock Energy and Resources Trust (BGR)
US:NYSE Investor Relations:
blackrock.com/investing/products/240226/blackrock-energy-and-resources-trust-fund
Company Research
Source: Seeking Alpha
The BlackRock Energy & Resources Trust Is A Safer Way To Invest In Energy Summary Crude oil has been one of the worst-performing assets since the markets started to weaken in October. This has had a negative impact on the price of energy-related companies and funds like BGR. The fund uses an options strategy that should help it buffer weakness in the energy market. The fund offers investors a very nice 8% distribution yield, which is better than what most assets offer in today's market. The fund is trading at an enormous 10.4% discount to net asset value, offering an attractive buy-in price for investors. Without a doubt, one of the worst-performing closed-end funds that I follow over the past three months is the BlackRock Energy & Resources Trust ( The unfortunate thing though is that this weakness may continue, particularly if the economy slows down in 2019. There are a few unique factors about this fund that may help it buffer any weakness in the market though and those factors cou
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BGR
Sec Filings
- 3/14/24 - Form N-CEN
- 3/6/24 - Form N-CSR
- 2/26/24 - Form NPORT-P
- BGR's page on the SEC website