BlackRock Energy and Resources Income Trust plc

Name
BlackRock Energy and Resources Income Trust plc
Manager
BlackRock Investment Management (UK) Ltd.
Type
Closed Ended Investment Company
ISIN
GB00B0N8MF98
Sector
Sector Specialist: Commodities & Natural Resources
Launched
13/12/2005
OCF
1.39 %
Risk Rating
4
3 Year Sharpe
-0.08
3 Year Alpha
-7.13
Yield
5.4 %
Benchmark
MSCI World Energy TR USD
Fund Size
£ 73.85 million
NAV
75
Gearing
111
Discount Premium
-14
The Company aims to achieve an annual dividend yield target and, over the long term, capital growth by investing primarily in securities of companies operating in the mining and energy sectors. The portfolio is concentrated and expected to consist of approximately thirty to one hundred and fifty securities.
Holding %
BHP Group Ltd 7.12 %
Royal Dutch Shell PLC 6.65 %
BP PLC 5.36 %
Rio Tinto PLC 4.60 %
Chevron Corp 4.58 %
Exxon Mobil Corp 4.42 %
Barrick Gold Inc. 3.77 %
First Quantum Minerals Ltd. 7.25% 3.62 %
Newmont Mining Corporation of Canada Ltd. 3.52 %
Vale SA 2.97 %
Region %
United States 27.14 %
Canada 24.95 %
United Kingdom 20.90 %
Australasia 13.19 %
Latin America 5.17 %
Sector %
Basic materials 50.20 %
Energy 46.51 %
Name
BlackRock Investment Management (UK) Ltd.
Address
EC2N 2DL, London, United Kingdom
UCITS
No
Legal Structure
Closed Ended Investment Company

Managers

Olivia Markham
Joined 01/20/2014

Olivia Markham is co-manager of the BlackRock World Mining Trust and is also manager of the BlackRock Commodities Income Investment Trust plc and a member of the Natural Resources Team. Olivia covers the gold and mining sectors and is involved in the management of a number of the team’s portfolios, including an institutional energy and mining mandate. She joined BlackRock in 2011. Her previous roles included heading the European mining team at UBS and spending 5 years in the mergers and acquisitions team at BHP Billiton. Olivia has a degree with honours in finance

Thomas Holl
Joined 01/20/2014

Tom Holl is co-manager at BlackRock Commodities Income Trust plc, and is a member of Blackrock’s Natural Resources Team. Tom covers the gold and mining sectors and co-manages a number of the team’s gold and mining portfolios as well as income strategies. He moved to his current role in 2008, but his service with the firm dates back to 2006. Previously, Tom was a member of the Global Equity Team and the Real Estate Team. Tom has a degree, with honours in land economy.

Data provided by Morningstar.

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