BlackRock Energy & Resources Trust
Sponsor: BlackRock · Inception Dec 23, 2004 · Pays monthly
Market priceShare price
$18.01
-0.73% ($-0.13)
NAVAsset value per share
$20.31
as of Oct 14, 2026 · Nasdaq NAV symbol
Premium / discountPrice vs. assets
11.32% discount *
Indicative: latest price vs latest reported NAV
Distribution rate (price)Payout rate
6.48%
regular, annualised · on NAV 5.75%
Expense ratioAnnual cost
Not reported
no tagged fee table
LeverageBorrowing
Not reported
senior securities not tagged
Quote status: Market closed — last regular-session price · last trade Oct 15, 2026, 4:00 PM EDT (exchange time, ET) · retrieved Oct 15, 2026, 10:43 PM EDTRegular-session prices; extended-hours quotes are not displayed.
Full portfolio as filed on SEC Form N-PORT for the month ending Jun 30, 2026, filed Aug 25, 2026. 30 positions; weights are percent of net assets as reported. Weights sum to 100.0% — leverage, cash, derivatives and short positions mean totals need not equal 100%. This is a historical report, not a live portfolio.
Top 10 holdings
| # | Security | Type | Country | Weight | Value (USD) |
|---|---|---|---|---|---|
| 1 | Shell PLC | Equity | United Kingdom | 9.46% | $39.6M |
| 2 | TotalEnergies SE | Equity | France | 6.51% | $27.3M |
| 3 | Williams Cos Inc/The | Equity | United States | 4.64% | $19.4M |
| 4 | Valero Energy Corp | Equity | United States | 4.61% | $19.3M |
| 5 | Targa Resources Corp | Equity | United States | 4.42% | $18.5M |
| 6 | ConocoPhillips | Equity | United States | 4.20% | $17.6M |
| 7 | Cheniere Energy Inc | Equity | United States | 3.75% | $15.7M |
| 8 | Canadian Natural Resources Ltd | Equity | Canada | 3.60% | $15.1M |
| 9 | Marathon Petroleum Corp | Equity | United States | 3.36% | $14M |
| 10 | TC Energy Corp | Equity | Canada | 3.33% | $13.9M |
Asset class
| Asset class | % net assets | Value |
|---|---|---|
| Equity (common) | 98.50% | $412M |
| Short-term investment vehicle | 1.50% | $6.3M |
Country (top 12)
| Country (top 12) | % net assets | Value |
|---|---|---|
| France | 8.77% | $36.7M |
| United States | 61.69% | $258M |
| Spain | 2.60% | $10.9M |
| Canada | 11.79% | $49.3M |
| United Kingdom | 11.29% | $47.2M |
| Luxembourg | 1.40% | $5.9M |
| Netherlands | 1.07% | $4.5M |
| Ireland | 0.86% | $3.6M |
| Norway | 0.52% | $2.2M |
| Russia | 0.00% | $112 |
Region
| Region | % net assets | Value |
|---|---|---|
| United States | 61.69% | $258M |
| Developed Europe | 26.52% | $111M |
| Canada | 11.79% | $49.3M |
| Emerging Europe | 0.00% | $112 |
Issuer type
| Issuer type | % net assets | Value |
|---|---|---|
| Corporate | 98.50% | $412M |
| Registered fund | 1.50% | $6.3M |
Fair-value level
| Fair-value level | % net assets | Value |
|---|---|---|
| Level 1 | 87.03% | $364M |
| Level 2 | 12.97% | $54.3M |
| Level 3 | 0.00% | $112 |
Level 3 = valued with unobservable inputs (typically private or illiquid).
Long / short
| Long / short | % net assets | Value |
|---|---|---|
| Long | 100.00% | $419M |
All allocation percentages use net assets as the denominator (N-PORT convention). A position's share of invested assets may differ from its share of the whole fund including cash and leverage.
All 30 positions
| Security | Identifier | Type | Issuer | Country | Balance | Units | Value (USD) | Weight | FV level |
|---|---|---|---|---|---|---|---|---|---|
| Shell PLC | 780259305 | Equity | CORP | United Kingdom | 510,782 | shares | $39.6M | 9.46% | 1 |
| TotalEnergies SE | FR0000120271 | Equity | CORP | France | 352,581 | shares | $27.3M | 6.51% | 2 |
| Williams Cos Inc/The | 969457100 | Equity | CORP | United States | 261,491 | shares | $19.4M | 4.64% | 1 |
| Valero Energy Corp | 91913Y100 | Equity | CORP | United States | 74,046 | shares | $19.3M | 4.61% | 1 |
| Targa Resources Corp | 87612G101 | Equity | CORP | United States | 68,989 | shares | $18.5M | 4.42% | 1 |
| ConocoPhillips | 20825C104 | Equity | CORP | United States | 168,954 | shares | $17.6M | 4.20% | 1 |
| Cheniere Energy Inc | 16411R208 | Equity | CORP | United States | 65,607 | shares | $15.7M | 3.75% | 1 |
| Canadian Natural Resources Ltd | 136385101 | Equity | CORP | Canada | 380,837 | shares | $15.1M | 3.60% | 1 |
| Marathon Petroleum Corp | 56585A102 | Equity | CORP | United States | 54,930 | shares | $14M | 3.36% | 1 |
| TC Energy Corp | 87807B107 | Equity | CORP | Canada | 210,138 | shares | $13.9M | 3.33% | 1 |
| Suncor Energy Inc | 867224107 | Equity | CORP | Canada | 253,014 | shares | $13.6M | 3.25% | 1 |
| Exxon Mobil Corp | 30231G102 | Equity | CORP | United States | 569,227 | shares | $77.8M | 18.60% | 1 |
| Chevron Corp | 166764100 | Equity | CORP | United States | 273,139 | shares | $45.3M | 10.82% | 1 |
| Kinder Morgan Inc | 49456B101 | Equity | CORP | United States | 243,261 | shares | $7.8M | 1.86% | 1 |
| Repsol SA | ES0173516115 | Equity | CORP | Spain | 306,660 | shares | $7.7M | 1.83% | 2 |
| TechnipFMC PLC | GB00BDSFG982 | Equity | CORP | United Kingdom | 115,063 | shares | $7.6M | 1.82% | 1 |
| Permian Resources Corp | 71424F105 | Equity | CORP | United States | 410,334 | shares | $7.6M | 1.81% | 1 |
| Cameco Corp | 13321L108 | Equity | CORP | Canada | 66,013 | shares | $6.7M | 1.61% | 1 |
| BlackRock Liquidity Funds | 09248U718 | Short-term inv. | RF | United States | 6,285,759 | shares | $6.3M | 1.50% | 1 |
| Subsea 7 SA | LU0075646355 | Equity | CORP | Luxembourg | 171,745 | shares | $5.9M | 1.40% | 1 |
| Gaztransport Et Technigaz SA | FR0011726835 | Equity | CORP | France | 26,588 | shares | $5.6M | 1.35% | 2 |
| EQT Corp | 26884L109 | Equity | CORP | United States | 91,702 | shares | $4.9M | 1.17% | 1 |
| SBM Offshore NV | NL0000360618 | Equity | CORP | Netherlands | 130,084 | shares | $4.5M | 1.07% | 2 |
| Air Liquide SA | FR0000120073 | Equity | CORP | France | 19,246 | shares | $3.8M | 0.91% | 2 |
| Linde PLC | IE000S9YS762 | Equity | CORP | Ireland | 6,947 | shares | $3.6M | 0.86% | 1 |
| Tecnicas Reunidas SA | ES0178165017 | Equity | CORP | Spain | 97,405 | shares | $3.2M | 0.77% | 2 |
| Liberty Energy Inc | 53115L104 | Equity | CORP | United States | 88,803 | shares | $2.3M | 0.56% | 1 |
| Aker Solutions ASA | NO0010716582 | Equity | CORP | Norway | 488,838 | shares | $2.2M | 0.52% | 2 |
| Kosmos Energy Ltd | 500688106 | Equity | CORP | United States | 837,902 | shares | $1.8M | 0.42% | 1 |
| Gazprom PJSC | RU0007661625 | Equity | CORP | Russia | 879,200 | shares | $112 | 0.00% | 3 |
Equities show share counts; bonds and loans show principal amount. Coupon, maturity and ratings are shown where the filing discloses them. Source: SEC N-PORT via market-data vendor re-serve, position-level.
Holdings reports on file
| Report date | Filed | Positions | Σ weight | Net assets (calc.) | Coverage |
|---|---|---|---|---|---|
| Jun 30, 2026 | Aug 25, 2026 | 30 | 100.0% | $419M | full |
| Mar 31, 2026 | May 28, 2026 | 30 | 100.0% | $484M | full |
| Dec 31, 2025 | Feb 24, 2026 | 31 | 100.0% | $362M | full |
Net assets here are calculated from position values ÷ reported weights (median across positions), not a reported figure.
CEF Explorer research page for BlackRock Energy & Resources Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.