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BLACKROCK NATURAL RESOURCES TRUST
mutual fund
MDGRX
Payout Change
Pending
Price as of:
$30.37
+0.03
+0.1%
primary theme
Natural Resources Industry Equity
share class
MDGRX (Mutual Fund)
BLACKROCK NATURAL RESOURCES TRUST
Payout Change
Pending
Price as of:
$30.37
+0.03
+0.1%
primary theme
Natural Resources Industry Equity
share class
MDGRX (Mutual Fund)
BLACKROCK NATURAL RESOURCES TRUST
Payout Change
Pending
Price as of:
$30.37
+0.03
+0.1%
primary theme
Natural Resources Industry Equity
share class
Name
As of 11/22/2024Price
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
Vitals
YTD Return
4.8%
1 yr return
8.3%
3 Yr Avg Return
7.2%
5 Yr Avg Return
11.2%
Net Assets
$183 M
Holdings in Top 10
47.6%
52 WEEK LOW AND HIGH
$30.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.17%
SALES FEES
Front Load 5.25%
Deferred Load N/A
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 11/22/2024Price
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
MDGRX - Profile
Distributions
- YTD Total Return 4.8%
- 3 Yr Annualized Total Return 7.2%
- 5 Yr Annualized Total Return 11.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.35%
- Dividend Yield 1.4%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameBLACKROCK NATURAL RESOURCES TRUST
-
Fund Family NameBlackRock-advised Funds
-
Inception DateJun 29, 1998
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerThomas 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.
MDGRX - Performance
Return Ranking - Trailing
| Period | MDGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.8% | -11.3% | 27.0% | 76.19% |
| 1 Yr | 8.3% | -6.6% | 30.9% | 75.24% |
| 3 Yr | 7.2%* | -21.1% | 23.8% | 45.10% |
| 5 Yr | 11.2%* | 0.3% | 36.3% | 51.55% |
| 10 Yr | 2.5%* | -6.0% | 13.2% | 75.90% |
* Annualized
Return Ranking - Calendar
| Period | MDGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -5.7% | -13.1% | 52.1% | 66.35% |
| 2022 | 3.0% | -34.9% | 34.0% | 48.04% |
| 2021 | 25.2% | -4.9% | 83.5% | 44.00% |
| 2020 | 1.0% | -23.4% | 126.4% | 74.49% |
| 2019 | 11.6% | -25.1% | 36.9% | 56.70% |
Total Return Ranking - Trailing
| Period | MDGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.8% | -11.3% | 27.0% | 76.19% |
| 1 Yr | 8.3% | -6.6% | 30.9% | 75.24% |
| 3 Yr | 7.2%* | -21.1% | 23.8% | 45.10% |
| 5 Yr | 11.2%* | 0.3% | 36.3% | 51.55% |
| 10 Yr | 2.5%* | -6.0% | 13.2% | 75.90% |
* Annualized
Total Return Ranking - Calendar
| Period | MDGRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -1.6% | -12.2% | 57.6% | 70.19% |
| 2022 | 17.3% | -32.2% | 35.5% | 33.33% |
| 2021 | 30.3% | -2.5% | 83.6% | 35.00% |
| 2020 | 2.9% | -22.2% | 127.8% | 74.49% |
| 2019 | 15.0% | -25.1% | 37.6% | 56.70% |
NAV & Total Return History
MDGRX - Holdings
Concentration Analysis
| MDGRX | Category Low | Category High | MDGRX % Rank | |
|---|---|---|---|---|
| Net Assets | 183 M | 1.31 M | 6.25 B | 77.14% |
| Number of Holdings | 44 | 26 | 317 | 60.00% |
| Net Assets in Top 10 | 86.9 M | 547 K | 3.65 B | 76.19% |
| Weighting of Top 10 | 47.58% | 16.4% | 76.1% | 39.05% |
Top 10 Holdings
- Shell PLC 8.37%
- Exxon Mobil Corp 7.13%
- Glencore PLC 4.86%
- BP PLC 4.48%
- Nutrien Ltd 4.38%
- Barrick Gold Corp 3.91%
- Wheaton Precious Metals Corp 3.89%
- Smurfit WestRock PLC 3.69%
- Newmont Corp 3.44%
- Teck Resources Ltd 3.44%
Asset Allocation
| Weighting | Return Low | Return High | MDGRX % Rank | |
|---|---|---|---|---|
| Stocks | 99.50% | 0.00% | 100.12% | 38.10% |
| Cash | 1.34% | 0.00% | 21.06% | 58.10% |
| Preferred Stocks | 0.00% | 0.00% | 6.24% | 59.05% |
| Other | 0.00% | -0.08% | 23.81% | 60.00% |
| Convertible Bonds | 0.00% | 0.00% | 0.43% | 54.29% |
| Bonds | 0.00% | 0.00% | 83.60% | 58.10% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | MDGRX % Rank | |
|---|---|---|---|---|
| Basic Materials | 51.89% | 2.49% | 100.00% | 33.33% |
| Energy | 33.25% | 0.00% | 89.67% | 46.67% |
| Consumer Defense | 7.13% | 0.00% | 33.96% | 12.38% |
| Industrials | 6.63% | 0.00% | 63.67% | 37.14% |
| Consumer Cyclical | 1.09% | 0.00% | 43.37% | 44.76% |
| Utilities | 0.00% | 0.00% | 35.93% | 77.14% |
| Technology | 0.00% | 0.00% | 17.68% | 73.33% |
| Real Estate | 0.00% | 0.00% | 36.20% | 69.52% |
| Healthcare | 0.00% | 0.00% | 22.67% | 70.48% |
| Financial Services | 0.00% | 0.00% | 4.52% | 61.90% |
| Communication Services | 0.00% | 0.00% | 0.21% | 53.33% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | MDGRX % Rank | |
|---|---|---|---|---|
| US | 52.53% | 0.00% | 99.96% | 68.57% |
| Non US | 46.97% | 0.00% | 89.12% | 27.62% |
MDGRX - Expenses
Operational Fees
| MDGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.17% | 0.08% | 4.45% | 38.10% |
| Management Fee | 0.60% | 0.00% | 1.25% | 34.29% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 41.30% |
| Administrative Fee | N/A | 0.03% | 0.25% | N/A |
Sales Fees
| MDGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.25% | 3.50% | 5.75% | 73.33% |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| MDGRX 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.
| MDGRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 87.00% | 4.00% | 169.00% | 77.01% |
MDGRX - Distributions
Dividend Yield Analysis
| MDGRX | Category Low | Category High | MDGRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.37% | 0.00% | 12.19% | 13.33% |
Dividend Distribution Analysis
| MDGRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| MDGRX | Category Low | Category High | MDGRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.35% | -35.65% | 6.21% | 20.19% |
Capital Gain Distribution Analysis
| MDGRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jul 18, 2024 | $0.208 | OrdinaryDividend |
| Dec 08, 2023 | $0.748 | OrdinaryDividend |
| Jul 20, 2023 | $0.100 | OrdinaryDividend |
| Jul 20, 2023 | $0.391 | CapitalGainLongTerm |
| Dec 07, 2022 | $0.659 | OrdinaryDividend |
| Jul 14, 2022 | $2.879 | OrdinaryDividend |
| Dec 07, 2021 | $0.909 | OrdinaryDividend |
| Jul 15, 2021 | $0.259 | OrdinaryDividend |
| Dec 07, 2020 | $0.463 | OrdinaryDividend |
| Dec 05, 2019 | $0.683 | OrdinaryDividend |
| Nov 27, 2018 | $0.627 | CapitalGainShortTerm |
| Nov 27, 2018 | $3.136 | CapitalGainLongTerm |
| Nov 27, 2018 | $0.712 | OrdinaryDividend |
| Dec 04, 2017 | $0.335 | CapitalGainShortTerm |
| Dec 04, 2017 | $0.254 | CapitalGainLongTerm |
| Dec 04, 2017 | $0.803 | OrdinaryDividend |
| Jul 20, 2017 | $14.707 | CapitalGainLongTerm |
| Dec 06, 2016 | $0.299 | OrdinaryDividend |
| Dec 12, 2014 | $4.948 | CapitalGainLongTerm |
| Dec 12, 2014 | $0.287 | OrdinaryDividend |
| Dec 11, 2013 | $0.439 | CapitalGainLongTerm |
| Dec 11, 2013 | $0.256 | OrdinaryDividend |
| Dec 12, 2012 | $0.206 | OrdinaryDividend |
| Dec 08, 2011 | $0.169 | OrdinaryDividend |
| Oct 23, 2008 | $0.789 | CapitalGainLongTerm |
| Dec 06, 2007 | $0.023 | CapitalGainShortTerm |
| Dec 06, 2007 | $0.830 | CapitalGainLongTerm |
| Oct 23, 2007 | $1.840 | CapitalGainLongTerm |
| Dec 05, 2006 | $0.905 | CapitalGainLongTerm |
| Oct 11, 2006 | $0.038 | CapitalGainShortTerm |
| Oct 11, 2006 | $1.778 | CapitalGainLongTerm |
MDGRX - 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 |
