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$23.19 0.57 (2.52%)
2/9/2010 4:01 PM

BlackRock Global Energy & Resources Trus (BGR)

CAPS Rating:
***

Closed-end management investment firm

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What the Community Thinks

BlackRock Global Energy & Resources Trus At A Glance

Current Price: $23.19
Last Trade Time: 2/9/2010 4:01 PM
Open: $22.87
Previous Close: $22.62
Daily Range: $22.87 - $23.44
52-Week Range: $12.49 - $27.46
Volume: 106,791
Market Cap: $690.28M
P/E Ratio: 30.16
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Stock Trends

BGR VS S&P 500 (SPY)

News & Discussion Boards

Top Bull Pitch

Recs

1

BlackRock Global Energy & Resources Trus (BGR)

Avatar ValueMonkey (97.74) Submitted: 9/25/08 5:36 AM

BGR is a closed-end fund that currently trades at more than an estimated 15% discount to NAV. Stellar management keeps turnover low and uses no leverage. To boost the fund's yield, management maintains a stake in limited partnerships (roughly 25% of assets as of late) and writes covered call optio...More

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Recs

0

 (BGR)

Avatar danviti44 (< 20) Submitted: 7/11/09 11:37 PM : Outperform Start Price: $17.78 BGR Score: 8.40

Stronger energy prices are ahead. Will favor its core holdings.

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Recs

0

 (BGR)

Avatar schwilling911 (92.26) Submitted: 12/19/08 11:09 AM : Outperform Start Price: $12.88 BGR Score: 58.54

wow this is cheap

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Recs

1

 (BGR)

Avatar ValueMonkey (97.74) Submitted: 9/25/08 5:36 AM : Outperform Start Price: $23.57 BGR Score: 6.26

BGR is a closed-end fund that currently trades at more than an estimated 15% discount to NAV. Stellar management keeps turnover low and uses no leverage. To boost the fund's yield, management maintains a stake in limited partnerships (roughly 25% of assets as of late) and writes covered call options on up to a third of the assets in the portfolio. Given the recent selloff of such assets in connection with market turmoil, this fund provides an insanely good risk/reward opportunity for true buyers of value.

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Recs

0

 (BGR)

Avatar SafeAndCheap (99.54) Submitted: 9/15/08 2:24 PM : Outperform Start Price: $22.81 BGR Score: 11.32

Great manager. And sells at NPV discount.

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Recs

0

 (BGR)

Avatar kevin76013 (41.34) Submitted: 6/20/08 12:21 AM : Outperform Start Price: $32.46 BGR Score: -11.76

like oil? why not buy it at a discount in a closed-end fund. you get a nice basket of Blackrock-selected stocks at about 15% off, for a fee of around 1% per annum,

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