REG-BlackRock Energy and Resources Income Trust Plc: Portfolio Update
BlackRock Energy and Resources Income Trust reported a 6.6% rise in net asset value over the month to 31 August 2026, with the share price up 6.9% to 186.00p against a cum-income NAV of 195.05p, leaving the shares at a 4.6% discount. Mining, at 39.9% of assets, was the strongest contributor to August returns, with the gold price up 9.6% over the month and gold equities delivering a beta of more than 3x to the gold move; refining and distribution exposures also contributed within conventional energy.
Key figures
- Net yield
- 3.1%
- Share price
- 186.00p
- Top holdings
- ["Anglo American 6.3% of assets","Glencore 5.9% of assets","Vale - ADS 4.1% of assets","Shell 3.9% of assets","First Quantum Minerals 3.5% of assets","Chevron Corporation 3.3% of assets","TotalEnergies 3.3% of assets","Subsea 7 2.8% of assets","Freeport-McMoRan 2.8% of assets","EDP Renovaveis 2.5% of assets"]
- Total assets
- £210m
- Gearing range
- 0-20%
- Nav return 1m
- 6.6%
- Nav return 1y
- 48.1%
- Nav return 3m
- -4.0%
- Weight energy
- 29.2%
- Weight mining
- 39.9%
- Discount to nav
- 4.6%
- Ongoing charges
- 1.15%
- Treasury shares
- 35802764
- Gold price 1m change
- 9.6%
- Net revenue per share
- 0.86p
- Share price return 1m
- 6.9%
- Share price return 1y
- 56.0%
- Share price return 3m
- -5.7%
- Net gearing cum income
- 8.8%
- Nav per share cum income
- 195.05p
- Ordinary shares in issue
- 99783430
- Weight energy transition
- 30.9%
- Nav per share capital only
- 194.20p
AI analysis
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