Equity

BGR

Energy and Resources Trust

  • NAV as of Jul 31, 2026 $18.31
    52 WK: 13.63 - 19.12
  • Morningstar Rating
  • NAV Total Return as of: Jun 30, 2026 YTD: 19.99
  • Distribution Rate as of Jul 31, 2026 7.06%
  • Market Price as of Jul 31, 2026 $16.55
  • Market Price Total Return as of: Jun 30, 2026 YTD: 13.55
  • Premium Discount as of Jul 31, 2026 -9.61%

Overview

Investment Approach

BlackRock Energy and Resources Trust’s (BGR) (the 'Trust') investment objectives are to provide total return and income through a combination of current income and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of energy and natural resources companies and equity derivatives with exposure to the energy and natural resources industry. The Trust may invest directly in such securities or synthetically through the use of derivatives.

No assurance can be given that the Trust’s investment objective will be achieved.

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Performance

Performance

Distributions

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Ex-Date Payable Date Record Date Total Distribution Income ST Cap Gains Return of Capital LT Cap Gains
Record Date Ex-Date Payable Date Total Distribution Income ST Cap Gains LT Cap Gains Return of Capital

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Year Total Distribution Income ST Cap Gains LT Cap Gains

Past distributions are not indicative of future distributions.


If a Fund estimates that it has distributed more than its income and net realized capital gains in the current fiscal year; a portion of its distribution may be a return of capital. A return of capital may occur, for example, when some or all of a shareholder's investment is paid back to the shareholder. A return of capital distribution does not necessarily reflect a Fund's investment performance and should not be confused with 'yield' or 'income'. When distributions exceed total return performance, the difference will reduce the Fund's net asset value per share. Although the character of income will not be determined until the end of the fund’s fiscal year, please refer to the 'Closed-End Fund Resources' section of the BlackRock website for Section 19 notices that provide estimated amounts and sources of the fund's distributions, which should not be not be relied upon for tax reporting purposes. A Form 1099-DIV for the calendar year will be sent to shareholders to illustrate how the Fund’s distributions should be reported for federal income tax purposes.

  1y 3y 5y 10y
NAV Total Return (%) 28.13 14.34 17.30 7.74
Market Price Total Return (%) 21.03 15.29 15.82 7.53
  YTD 1m 3m 1y 3y 5y 10y
NAV Total Return (%) 19.99 -4.74 - 28.13 49.46 122.05 110.68
Market Price Total Return (%) 13.55 -3.76 - 21.03 53.24 108.42 106.74
  2021 2022 2023 2024 2025
NAV Total Return (%) 38.36 38.42 5.82 3.93 12.35
Market Price Total Return (%) 40.14 38.76 5.66 8.02 17.15
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed or sold, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted. Performance data current to the most recent month end may be found in the Performance section.

Returns are shown net of advisory fees paid by the fund and net of the fund’s operating fees and expenses. Numbers may reflect small variances due to rounding. Investors who purchase shares of the fund through an investment adviser or other financial professional may separately pay a fee to that service provider. The fund’s market price and net asset value will fluctuate with market conditions. All return data assumes reinvestment of all distributions. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past

Key Facts

Key Facts

Net Assets
as of Jul 31, 2026
$466,048,801
Fund Launch Date
Dec 23, 2004
Asset Class
Equity
Morningstar Category
Equity Energy
Premium Discount
as of Jul 31, 2026
-9.61%
Number of Holdings
as of Jun 30, 2026
29
Managed Assets
as of Jul 31, 2026
$466,048,800.93
Exchange
NYSE
Shares Outstanding
as of Jul 31, 2026
25,456,171
Lipper Classification
Natural Resources Funds
CUSIP
09250U101

Portfolio Characteristics

Portfolio Characteristics

Distribution Rate
as of Jul 31, 2026
7.06%
Average Market Cap (Millions)
as of -
-
This information must be preceded or accompanied by an effective prospectus or shareholder report. For standardized performance, please see the Performance section above.

Fees

Fees

On Net Assets
Gross Expense Ratio 1.23%
Acquired Fund Fees and Expenses 0.00%
Interest Expense 0.00%
Management Fee 1.00%
Other Expenses 0.23%
On Managed Assets
Gross Expense 1.23%
Management Fee 1.00%
Interest Expenses 0.00%
Other Expenses 0.23%
Acquired Fund Fees and Expenses 0.00%

Fees data reflected above is current as of the latest annual shareholder report.

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for Energy and Resources Trust, as of Apr 30, 2020 rated against 2 Equity Energy Funds based on risk adjusted total return.

Holdings

Holdings

as of Jun 30, 2026
Name Weight (%)
EXXON MOBIL CORP 18.58
CHEVRON CORP 10.81
SHELL PLC 9.46
TOTALENERGIES SE 6.55
WILLIAMS COMPANIES INC 4.64
Name Weight (%)
VALERO ENERGY CORPORATION 4.60
TARGA RESOURCES CORP 4.42
CONOCOPHILLIPS 4.19
CHENIERE ENERGY INC 3.74
CANADIAN NATURAL RESOURCES LTD 3.60
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Jun 30, 2026

% of Market Value

Type Fund
as of Jun 30, 2026

% of Market Value

Type Fund
as of Jun 30, 2026

% of Market Value

Type Fund
as of Jun 30, 2026

% of Market Value

Type Fund
as of Jun 30, 2026

% of Market Value

Type Fund
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Alastair Bishop
Alastair Bishop
Mark Hume
Mark Hume
Portfolio Manager

This fund does not seek to follow a sustainable, impact or ESG investment strategy. For more information regarding the fund's investment strategy, please see the fund's prospectus or, as applicable, shareholder report.

Literature

Literature