Blackrock Resources & Commodities Strategy Trust (BCX)
Blackrock Resources & Commodities Strategy Trust operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $12.07, down 1.15% on the session, giving a market capitalisation of $920.2M. On trailing twelve-month figures it carries a trailing P/E of 4.61, a net margin of 161.8%. Its beta of 0.58 implies it has historically moved less than the broad market.
The Blackrock Resources & Commodities Strategy Trust functions as a closed-end equity mutual fund, initially established by BlackRock, Inc. Its ongoing management is a joint effort between BlackRock Advisors, LLC and BlackRock International Limited. The fund primarily focuses its investments on publicly traded U.S. companies within the commodities and natural resources sectors. In addition to direct stock investments, it also utilizes derivatives, with a notable emphasis on writing options, to gain exposure to businesses in these same industries. This trust was formally constituted on March 30, 2011, and is legally domiciled in the United States.
Blackrock Resources & Commodities Strategy Trust is most often compared with the following Financial Services names: