BlackRock Resources & Commodities Strategy Trust

Corporate Details

ISIN(s):

N/A

LEI:

Country:

United States of America

Address:

100 BELLEVUE PARKWAY, 19809 WILMINGTON

Website:

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

Sector:

Financial and insurance activities

Industry:

Activities of trusts, funds and similar financial entities

Description

BlackRock Resources & Commodities Strategy Trust is a closed-end management investment company. Its primary investment objective is to provide high current income and gains, with a secondary objective of capital appreciation. The Trust seeks to achieve its goals by investing at least 80% of its total assets in equity securities issued by companies in the commodity or natural resources sectors, such as energy, mining, and agriculture. The strategy focuses on large-capitalization companies and may utilize derivatives, including writing call and put options, to generate income and manage risk. The fund provides exposure to the commodities sector through equities, emphasizing cash flow generation rather than direct commodity price movements.