BlackRock Resources & Commodities Strategy Trust (XBCRX)

Profile

https://www.blackrock.com/investing/products/256576/blackrock-resources-and-commodities-strategy-trust-aggregate-fund

BlackRock Resources & Commodities Strategy Trust is a closed-end equity fund focused on delivering high current income and current gains, with a secondary objective of capital appreciation. The trust primarily invests at least 80% of its assets in equity securities of companies operating within the natural resources and commodities sectors, such as energy, mining, agriculture, and related industries. Its investment approach also includes the use of derivatives, including options, to enhance portfolio returns and provide additional exposure to underlying commodity price movements. The fund’s portfolio is managed by BlackRock’s experienced equity derivatives team and features significant holdings in major global resource firms like Shell, Exxon Mobil, and Wheaton Precious Metals. As a non-diversified vehicle, the trust targets investors seeking exposure to the commodity and natural resources markets, often providing a substantial yield through regular distributions. Launched in 2011, the trust plays a role in offering access to cyclical industries and inflation-sensitive assets, serving as a diversification tool within broader investment portfolios.