BlackRock Energy & Resources Trust

BlackRock Energy & Resources Trust is a perpetual closed-end equity fund dedicated to companies operating in the energy and natural resources sectors. Launched in December 2004, the trust's primary objective is to provide total return through a combination of current income and capital appreciation. At least 80% of its assets are typically invested in the equity securities of firms involved in the exploration, production, or distribution of energy and natural resources—such as oil, gas, metals, and minerals—as well as related transportation and equipment manufacturing companies. The portfolio features significant holdings in leading industry names including Exxon Mobil, Shell, and Chevron, reflecting a concentrated exposure to traditional energy giants and infrastructure. With monthly distributions and a focus on both income and growth, the trust plays a notable role for investors seeking targeted exposure to the global energy and resources markets, and it helps to diversify portfolios with its specialized asset mix and sectoral expertise.