When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
BGR - BlackRock Energy & Resources Trust: Buy This 8.3% Yielding CEF For Upside In Oil
BlackRock Energy and Resources Trust
The BlackRock Energy & Resources Trust (NYSE:BGR) is a closed-end-fund with $365 million in total assets in a concentrated portfolio of 30 equity holdings focusing on integrated and E&P companies. BGR has a total return objective while also offering an 8.6% distribution yield which is achieved through the use of leverage along with the flexibility to use options strategies to further enhance income. While the energy sector has been challenged in recent years with the low price of oil, we highlight that BGR has favorably outperformed sector benchmarks and other widely traded funds