BlackRock Resources&Commodities Strategy:BCX

    Manage Alerts

    Overview

    As of 9/29/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$9.21$10.70-13.93%
    52 Wk Avg$9.53$10.94-12.90%
    52 Wk High$10.59$11.90-9.65%
    52 Wk Low$8.49$9.64-16.02%
    Regular Distribution Type†Managed Distribution
    Distribution Rate6.75%
    Distribution Amount$0.0518
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The investment seeks high current income and current gains, with a secondary objective of capital appreciation. The fund normally invests at least 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources. It is non-diversified.

    Capital Structure

    As of 9/29/2023

    Total Investment Exposure:$925.984M
    Total Common Assets:$918.689M
    Common Shares Outstanding:85,858,746
    Leverage

    As of 9/29/2023

    Preferred Share Assets:
    Total Debt (USD): $7.296M
    Regulatory Leverage (USD): $7.296M
    Effective Leverage (USD): $7.296M
    Effective Leverage (%): 0.79%
    Annual Expense Ratios

    As of 12/31/2022

      Per Common Share
    Management Fees1.00%
    Other Expenses:0.05%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.05%
    Fund Management

    Fund Sponsor
    BlackRock

    Portfolio Managers
    Christopher M. Accettella, Thomas Holl, Alastair Bishop, Kyle McClements

    Basics
    Category: Equity-Sector Equity
    Ticker: BCX
    NAV Ticker: XBCRX
    Average Daily Volume (shares): 287,490
    Average Daily Volume (USD): $2.738M
    Inception Date: 3/29/2011
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/29/2023

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 6/30/2023    		 $0.1592
    Annualized Distribution Rate on NAV:
    As of 9/29/2023    		5.81%
    Total Return on NAV (12 months):
    As of 9/29/2023    		17.44%
    Total % Portfolio Effectively Leveraged:
    As of 9/29/2023     		0.79%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 10/2/2023

    PeriodAvg Discount
    6 Month-13.42%
    1 Year-12.90%
    3 Year-9.35%
    5 Year-11.16%
    Z-Score

    As of 9/29/2023

    PeriodZStat
    3 Month-0.65
    6 Month-0.55
    1 Year-0.83
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2023
    Category: Morningstar US CEF Sector Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-3.02%-0.62%-1.06%-1.93%
    202212.84%15.74%-10.73%-7.15%
    202132.88%26.93%22.39%17.58%
    2020-0.11%0.34%5.15%5.71%
    201923.78%14.81%26.64%22.38%
    2018-22.55%-15.60%-12.35%-9.96%
    201726.73%14.75%18.18%12.88%
    201625.85%26.10%17.45%14.67%
    2015-19.55%-22.48%-15.98%-12.75%
    2014-7.72%-7.25%5.16%4.65%
    2013-0.83%1.04%16.34%17.44%
    20126.02%2.50%12.53%11.75%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 9/30/2023
    Category: Morningstar US CEF Sector Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 6/30/2023    		51
    Annual Portfolio Turnover:
    As of 12/31/2022    		92.00%
    Asset Allocation

    As of 6/30/2023

    Top Sectors

    As of 6/30/2023

    Sector%Portfolio
    Cyclical (Super Sector)45.59%
    Basic Materials44.47%
    Sensitive (Super Sector)43.99%
    Energy38.75%
    Defensive (Super Sector)6.02%
    Consumer Defensive6.02%
    Industrials5.24%
    Cash Equivalents (Super Sector)3.89%
    Cash Equivalents3.89%
    Consumer Cyclical1.12%
    Top Holdings

    As of 6/30/2023

    HoldingValue% Portfolio
    Shell PLC ADR (Representing - Ordinary Shares)$70.13M7.72%
    Exxon Mobil Corp$58.13M6.40%
    Glencore PLC$50.37M5.54%
    TotalEnergies SE$48.58M5.35%
    BP PLC$47.76M5.26%
    BHP Group Ltd ADR$39.93M4.40%
    Teck Resources Ltd Class B (Sub Voting)$33.95M3.74%
    Wheaton Precious Metals Corp$33.08M3.64%
    Vale SA ADR$32.85M3.62%
    Deere & Co$25.14M2.77%
    Country Allocation

    As of 6/30/2023

    Country% Portfolio
    United States - Equity37.51%
    Canada - Equity18.42%
    United Kingdom - Equity13.22%
    Switzerland - Equity5.57%
    France - Equity5.35%
    Australia - Equity4.40%
    Brazil - Equity3.62%
    Norway - Equity1.83%
    Ireland - Equity1.74%
    Italy - Equity1.57%
    Chile - Equity1.28%
    Finland - Equity1.06%
    Russia - Equity0.00%
    Denmark - Equity0.00%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    E-2949862P-E0623W

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