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Trending ETFs

BLACKROCK NATURAL RESOURCES TRUST

mutual fund
MCGRX
Payout Change
Pending
Price as of:
$19.65 -0.07 -0.35%
primary theme
Natural Resources Industry Equity
MCGRX (Mutual Fund)

BLACKROCK NATURAL RESOURCES TRUST

Payout Change
Pending
Price as of:
$19.65 -0.07 -0.35%
primary theme
Natural Resources Industry Equity
MCGRX (Mutual Fund)

BLACKROCK NATURAL RESOURCES TRUST

Payout Change
Pending
Price as of:
$19.65 -0.07 -0.35%
primary theme
Natural Resources Industry Equity

Name

As of 09/30/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$19.65

$183 M

1.72%

$0.34

1.89%

Vitals

YTD Return

5.6%

1 yr return

8.5%

3 Yr Avg Return

8.8%

5 Yr Avg Return

11.9%

Net Assets

$183 M

Holdings in Top 10

47.6%

52 WEEK LOW AND HIGH

$19.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.89%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 87.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 09/30/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$19.65

$183 M

1.72%

$0.34

1.89%

MCGRX - Profile

Distributions

  • YTD Total Return 5.6%
  • 3 Yr Annualized Total Return 8.8%
  • 5 Yr Annualized Total Return 11.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.62%
DIVIDENDS
  • Dividend Yield 1.7%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    BLACKROCK NATURAL RESOURCES TRUST
  • Fund Family Name
    BlackRock-advised Funds
  • Inception Date
    Jun 29, 1998
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Holl

Fund Description

The Fund seeks to achieve its objective by investing primarily in equity securities of companies with substantial natural resource assets. Under normal circumstances, the Fund will invest at least 80% of its assets in companies with substantial natural resource assets or in securities the value of which is related to the market value of some natural resource asset. Equity securities include common stock, preferred stock, rights to subscribe for common stock, and derivative securities or instruments, such as options, the value of which is based on a common stock or group of common stocks. The Fund may also purchase securities convertible into common stock. Natural resource assets include materials with economic value that are derived from natural sources, either directly or indirectly, such as precious metals (e.g., gold, silver and platinum), ferrous and nonferrous metals (e.g., iron, aluminum and copper), strategic metals (e.g., uranium and titanium), water, hydrocarbons (e.g., coal, oil and natural gas), timber land, underdeveloped real property and agricultural products (e.g., fertilizers and agricultural chemicals). The Fund normally invests in a portfolio consisting of companies in a variety of natural resource related sectors, such as energy, chemicals, oil, gas, paper, mining, steel or agricultural products. Under certain circumstances, however, the Fund may concentrate its investments in one or more of these sectors. In addition, the Fund will concentrate its investments in one or more issuers in the natural resources related industries. The Fund focuses on investments in companies that provide exposure to commodities where existing, and projected, capacity is forecast to approach levels that represent full utilization of that capacity based upon supply and demand forecasts for the commodity. The Fund will normally invest in both U.S. and non-U.S. companies, including companies located in emerging markets, and in securities denominated in both U.S. dollars and foreign currencies. The Fund may invest in securities of issuers with any market capitalization.
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MCGRX - Performance

Return Ranking - Trailing

Period MCGRX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -12.9% 30.0% 77.14%
1 Yr 8.5% -17.5% 43.3% 65.71%
3 Yr 8.8%* -17.7% 25.2% 46.08%
5 Yr 11.9%* 0.4% 35.6% 63.92%
10 Yr 1.5%* -5.4% 14.0% 75.90%

* Annualized

Return Ranking - Calendar

Period MCGRX Return Category Return Low Category Return High Rank in Category (%)
2023 -7.9% -13.1% 52.1% 85.58%
2022 -3.4% -34.9% 34.0% 52.94%
2021 22.9% -4.9% 83.5% 56.00%
2020 0.2% -23.4% 126.4% 75.51%
2019 10.6% -25.1% 36.9% 69.07%

Total Return Ranking - Trailing

Period MCGRX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.6% -12.9% 30.0% 77.14%
1 Yr 8.5% -17.5% 43.3% 65.71%
3 Yr 8.8%* -17.7% 25.2% 46.08%
5 Yr 11.9%* 0.4% 35.6% 63.92%
10 Yr 1.5%* -5.4% 14.0% 75.90%

* Annualized

Total Return Ranking - Calendar

Period MCGRX Return Category Return Low Category Return High Rank in Category (%)
2023 -2.3% -12.2% 57.6% 74.04%
2022 16.4% -32.2% 35.5% 36.27%
2021 29.3% -2.5% 83.6% 36.00%
2020 2.0% -22.2% 127.8% 75.51%
2019 14.1% -25.1% 37.6% 58.76%

NAV & Total Return History


MCGRX - Holdings

Concentration Analysis

MCGRX Category Low Category High MCGRX % Rank
Net Assets 183 M 1.39 M 6.25 B 78.10%
Number of Holdings 44 25 317 65.71%
Net Assets in Top 10 86.9 M 614 K 3.65 B 77.14%
Weighting of Top 10 47.58% 16.8% 77.1% 40.00%

Top 10 Holdings

  1. Shell PLC 8.37%
  2. Exxon Mobil Corp 7.13%
  3. Glencore PLC 4.86%
  4. BP PLC 4.48%
  5. Nutrien Ltd 4.38%
  6. Barrick Gold Corp 3.91%
  7. Wheaton Precious Metals Corp 3.89%
  8. Smurfit WestRock PLC 3.69%
  9. Newmont Corp 3.44%
  10. Teck Resources Ltd 3.44%

Asset Allocation

Weighting Return Low Return High MCGRX % Rank
Stocks
99.50% 0.00% 100.27% 47.62%
Cash
1.34% 0.00% 21.06% 58.10%
Preferred Stocks
0.00% 0.00% 5.99% 62.86%
Other
0.00% -0.08% 23.81% 63.81%
Convertible Bonds
0.00% 0.00% 0.43% 58.10%
Bonds
0.00% 0.00% 83.60% 60.95%

Stock Sector Breakdown

Weighting Return Low Return High MCGRX % Rank
Basic Materials
51.89% 2.49% 100.00% 34.29%
Energy
33.25% 0.00% 89.67% 47.62%
Consumer Defense
7.13% 0.00% 33.96% 13.33%
Industrials
6.63% 0.00% 63.67% 38.10%
Consumer Cyclical
1.09% 0.00% 43.37% 45.71%
Utilities
0.00% 0.00% 35.93% 79.05%
Technology
0.00% 0.00% 17.68% 76.19%
Real Estate
0.00% 0.00% 36.20% 72.38%
Healthcare
0.00% 0.00% 22.67% 74.29%
Financial Services
0.00% 0.00% 4.52% 64.76%
Communication Services
0.00% 0.00% 0.21% 57.14%

Stock Geographic Breakdown

Weighting Return Low Return High MCGRX % Rank
US
52.53% 0.00% 99.99% 69.52%
Non US
46.97% 0.00% 89.12% 28.57%

MCGRX - Expenses

Operational Fees

MCGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.89% 0.08% 4.45% 11.43%
Management Fee 0.60% 0.00% 1.25% 35.24%
12b-1 Fee 1.00% 0.00% 1.00% 95.65%
Administrative Fee N/A 0.03% 0.25% N/A

Sales Fees

MCGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load 1.00% 1.00% 1.00% 84.62%

Trading Fees

MCGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MCGRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 87.00% 4.00% 169.00% 78.16%

MCGRX - Distributions

Dividend Yield Analysis

MCGRX Category Low Category High MCGRX % Rank
Dividend Yield 1.72% 0.00% 12.19% 9.52%

Dividend Distribution Analysis

MCGRX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Annual Monthly Annual

Net Income Ratio Analysis

MCGRX Category Low Category High MCGRX % Rank
Net Income Ratio 1.62% -35.65% 6.21% 40.38%

Capital Gain Distribution Analysis

MCGRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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MCGRX - Fund Manager Analysis

Managers

Thomas Holl


Start Date

Tenure

Tenure Rank

Mar 31, 2017

5.17

5.2%

Tom Holl, CFA, Director, is a member of the Natural Resources team within the Fundamental Equity division of BlackRock’s Active Equity Group. He is responsible for covering the mining and gold sectors. Mr. Holl moved to his current role in 2008. His service with the BlackRock dates back to 2006, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Holl was a member of the Global Equity team and the Real Estate team as a member of the graduate training program. Mr. Holl earned a BA degree, with honors, in Land Economy from Cambridge University in 2006.

Alastair Bishop


Start Date

Tenure

Tenure Rank

Mar 31, 2017

5.17

5.2%

Alastair Bishop, Managing Director, is a member of the Natural Resources team within Fundamental Equity division of BlackRock’s Active Equity Group. Mr. Bishop was a senior research analyst at Piper Jaffray, where he was responsible for covering the Clean Technology industry. Prior to joining Piper Jaffray in 2009, he covered the Renewable Energy and Industrial sectors for 8 years at Dresdner Kleinwort. Mr. Bishop began his career in 2001 at Dresdner Kleinwort Investment Bank. Mr. Bishop earned a BSc degree in economics from the University of Nottingham in 2001.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 24.18 7.58 0.16