BGR News and Press, BlackRock Energy and Resources Trust From 07/25/22

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...

We previously discussed Buffett's explanation for why smart people go broke. We then made the connection to why we generally don't buy CEFs. However, this does not mean that investors should never buy any CEFs under any circumstances. Back in March, we wrote : ...

BlackRock Advisors, LLC released today share repurchase activity for certain BlackRock closed-end funds (the “Funds”) during the quarter ended June 30, 2022. The Funds have authorized open market share repurchase programs (the “Repurchase Programs”) pursuant ...

BDJ’s yield is quite high as compared to average income funds, and a minimum positive price growth will generate double-digit returns. Due to its deep diversification, BDJ is in a position to absorb the sectorial risks that have begun due to economic uncertainty. Due to a h...

We review CEF market valuation and performance through the first week of June and highlight recent market action. The CEF space was down marginally this week as the previously strong rally stalled. We discuss why we are less worried about relatively low distribution coverage in th...

For the second month in three, equity CEFs on average witnessed positive returns, rising 0.73% on a NAV basis for May. While for the fifth consecutive month, fixed income CEFs posted returns in the red (-0.40%). Only 20% of all CEFs traded at a premium to their NAV at month end, w...

BlackRock Energy and Resources Trust (NYSE:BGR) declares $0.049/share monthly dividend, 11.4% increase from prior dividend of $0.044. Forward yield 4.49% Payable June 30; for shareholders of record June 15; ex-div June 14. See BGR Dividend Scorecard, Yield Chart, & Dividend Growth. For ...

Energy markets will be impacted by the increasing hostility between the West and Russia. Regardless of sanction rules, European countries will seek to reduce exposure to Russia and will develop alternate sources. The United States is already a net exporter of coal, natural gas, an...

BlackRock Energy and Resources Trust (NYSE:BGR) traded today at a new 52-week high of $13.26. Approximately 150,000 shares have changed hands today, as compared to an average 30-day volume of 200,000 shares. BlackRock Energy & Resources Trust is a closed-end equity fund providing tot...

Shares of BlackRock Energy and Resources Trust (NYSE:BGR) traded at a new 52-week high today of $12.42. So far today approximately 53,000 shares have been exchanged, as compared to an average 30-day volume of 191,000 shares. Over the past year, BlackRock Energy and Resources Trust has tr...