BGR News and Press, BlackRock Energy and Resources Trust From 10/13/23

2023-10-13 14:17:49 ET Summary Cohen & Steers Closed-End Opportunity Fund allows investors to easily assemble a portfolio consisting of other closed-end funds. The FOF closed-end fund has underperformed a similar exchange-traded fund recently, which could partly be due to a na...

BlackRock Advisors, LLC (“BlackRock”) released today share repurchase activity for certain BlackRock-advised closed-end funds (the “Funds”) during the quarter ended September 30, 2023. The Funds have authorized open market share repurchase programs (the “Repurch...

2023-10-08 05:37:39 ET Summary For the second straight month, both equity (-3.12% on a NAV basis) and fixed income (-1.94%) CEFs on average suffered downside performance. At month end, 9% of all CEFs traded at a premium to their NAV, with 11% of equity CEFs and 8% of fixed income ...

2023-09-24 11:30:00 ET Summary You don't need to pile on risk to earn a livable yield. Risk-averse and risk-tolerant investors can both love these ideas. Unplugging from the daily grind is only possible if your financial worries are solved. Co-authored by Treading ...

2023-09-08 13:01:29 ET Summary For the first month in three, both equity (-1.98% on a NAV basis) and fixed-income CEFs (-0.54%) on average suffered losses. At month end, 12% of all CEFs traded at a premium to their NAV, with 13% of equity CEFs and 11% of fixed income CEFs trading ...

2023-08-11 16:27:41 ET Summary BlackRock Energy & Resources Trust has put up a relatively better performance on a YTD basis compared to XLE due to its mostly flat performance. BGR employs a covered call strategy to dampen volatility, but energy is a cyclical sector and will le...

2023-08-10 00:58:29 ET Summary The BlackRock Energy and Resources Trust is a closed-end fund that focuses on investing in energy and natural resource companies. The fund aims to provide total returns through current income and capital gains. It employs a call-writing strategy to g...

2023-08-07 08:13:16 ET Summary The price of Brent oil has been on the rise of late and may have put in a near-term bottom this summer. That's due to a number of global factors and, as we head into winter, may be indicative of a strengthening of the energy markets and energy stocks...

2023-07-25 10:38:13 ET Summary 22 out of 22 CEF sectors positive on price and 22 out of 22 sectors positive on NAV last week. BlackRock continues repurchasing shares. Amount purchased fell from last quarter as discounts narrowed slightly. The Weekly Closed-End Fund...

2023-05-29 07:35:00 ET Summary Warren Buffett sees a lot of people do a lot of stupid things. Why is investing in the stock market viewed as gambling? We take a look at what he thinks and how you can apply it to your portfolio. Co-authored with Treading Softly. ...