BlackRock Energy and Resources Trust

Frequently Asked Questions About BGR

What does BGR invest in?

The BlackRock Energy and Resources Trust is a closed-end equity mutual fund established by BlackRock, Inc. Its operations are jointly managed by BlackRock Advisors, LLC and BlackRock International Limited. This fund allocates capital to public equity markets worldwide, with a strong focus on opportunities within the United States. It specifically targets companies operating within the energy and natural resources sectors, investing in businesses regardless of their market capitalization. Additionally, the trust utilizes equity derivatives as part of its strategy, notably engaging in option writing. Originally named the BlackRock Global Energy and Resources Trust, this U.S.-domiciled fund commenced operations on December 23, 2004.

What is the expense ratio of BGR?

BlackRock Energy and Resources Trust (BGR) charges an expense ratio of 1.23%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BGR?

BlackRock Energy and Resources Trust (BGR) manages $520.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BGR actively managed or an index fund?

BGR's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BGR launched?

BlackRock Energy and Resources Trust (BGR) launched in December 2004 and is managed by BlackRock.

How has BGR performed?

BGR's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.