BCX - BCX: High Yielding Resource Equities Fund

2024-02-24 01:11:02 ET

Summary

• BlackRock Resources & Commodities Strategy Trust is a closed-end fund that focuses on high current income from stocks in the commodity and natural resources industries.
• BCX has historically outperformed a passive ETF, adding 1-2% in active returns.
• However, I am concerned about a weak global economy, particularly in commodity-hungry China. Therefore, recommend investors stay on the sidelines for now.

I came across the BlackRock Resources & Commodities Strategy Trust ( BCX ) while screening for high yielding investment funds. The BCX fund pays an attractive 7.3% distribution yield that should be sustainable....

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