XOM - The BlackRock Energy & Resources Trust Is A Safer Way To Invest In Energy
Without a doubt, one of the worst-performing closed-end funds that I follow over the past three months is the BlackRock Energy & Resources Trust (BGR). The name of this fund should be an indication of why it has performed so poorly as the fund invests in the energy industry, which has taken a real beating as oil prices have plummeted since October. This has resulted in this fund's distribution yield rising to 8.29%.
The unfortunate thing though is that this weakness may continue, particularly if the economy slows down in 2019. There are