BlackRock Energy and Resources Trust (NYSE: BGR) is a closed-end management investment company that seeks to provide a combination of current income and long-term capital appreciation. The trust focuses its investments primarily on equity and equity-related securities of companies engaged in the energy and natural resources sectors, including exploration, production, refining, distribution and related services.
The trust’s portfolio typically comprises common stocks, American Depositary Receipts (ADRs), master limited partnerships (MLPs) and other equity-linked instruments issued by firms operating in upstream and downstream energy markets, metals and mining, chemicals and related industries. While its core holdings are concentrated in large- and mid-capitalization companies, the trust may also invest in smaller, specialized enterprises that offer growth potential within the broader energy complex.
Established in 1989 and managed by BlackRock Advisors, the trust leverages the research, risk management and sector expertise of one of the world’s leading asset management firms. Its management team draws on BlackRock’s global platform to identify opportunities across developed and emerging markets, applying both fundamental and macroeconomic analysis to construct a diversified portfolio aligned with the trust’s income-and-growth mandate.
Headquartered in New York City, BlackRock Energy and Resources Trust serves a broad base of institutional and individual investors seeking targeted exposure to the energy and natural resources space. The trust is overseen by an independent board of trustees, which works alongside BlackRock’s professionals to review portfolio strategy, risk oversight and governance, ensuring alignment with shareholder interests.
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