BGR News and Press, BlackRock Energy and Resources Trust From 10/17/22

Summary The traditional energy sector has been one of the few to deliver positive performance in 2022. BGR offers investors a way to easily obtain a portfolio of energy companies and generate a 5.99% yield. The fund is somewhat heavily concentrated in only a few names, which p...

BlackRock Energy and Resources Trust ( NYSE: BGR ) declares $0.0585/share monthly dividend , 19.4% increase from prior dividend of $0.0490. Forward yield 5.89% Payable Oct. 31; for shareholders of record Oct. 14; ex-div Oct. 13. See BGR Dividend Scorecard...

Closed-end funds (CEFs) are similar to ETFs, except that instead of issuing and redeeming shares as needed, CEFs issue a fixed number of shares at the IPO, explains Harry Domash, editor of Dividend Detective. For further details see: CEF Buys in Energy and Real Estate

Summary PEO invests primarily in oil majors, but also has some other more specific industry exposure. They've put up reasonable results against their benchmarks. The fund has a 6% annual minimum distribution policy. Written by Nick Ackerman, co-produced by Stanford...

Summary These opportunities will not last long! The time to act is upon us. You'll miss some opportunities in your lifetime, these don't have to be among them. We look at yields up to 7% as we examine these opportunities. Co-produced with Treading Softly Grow...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of fifty BlackRock municipal, taxable fixed income, equity, and multi-asset closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurc...

BGR is a closed-end fund focused on energy equities. The fund has a global Oil & Gas Majors allocation exceeding 50%. The CEF is up more than 22% year to date and offers a 5% dividend yield. The vehicle is currently trading with a -10.9% discount to NAV, towards the histor...

In the last Equity CEF Performance update, I called the prior week a "good" week. This week, I will upgrade that to a "VERY good" week, particularly for leveraged CEFs. With the S&P 500 gaining +4.3% on the week and the NASDAQ-100 +4.5%, those strong moves actually paled in compar...

Record levels of inflation continue while the Federal Reserve plays chicken with a recession. Your portfolio is taking body blows, but is it producing high levels of income? The opportunities offered by the market are reaching levels of insanity as investors are getting worried an...

XLE is a highly popular ETF for investors looking for passive income from energy. However, there are several reasons why XLE is a less-than-ideal method for passive income investing. We share a better approach. The Energy Select Sector SPDR ETF ( XLE ) is a highly po...