BlackRock Natural Resources has an experienced team and a sensible investment process. However, limited resources in the agriculture/nutrition sleeve and some process implementation challenges still exist. The strategy's People and Process Pillar ratings remain at Average.
BlackRock Natural Resources Instl MAGRX
- NAV / 1-Day Return 33.44 / +1.33 %
- Total Assets 177.9 Mil
-
Adj. Expense Ratio
0.900%
- Expense Ratio 0.900%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Natural Resources
- Investment Style Large Value
- Min. Initial Investment 2.0 Mil
- Status Open
- TTM Yield 3.11%
- Turnover 58%
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:13 PM GMT+0
Morningstar’s Analysis MAGRX
Will MAGRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 48.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Shell PLC | 8.05 | 14.5 Mil | Energy |
Exxon Mobil Corp | 6.98 | 12.6 Mil | Energy |
TotalEnergies SE | 5.50 | 9.9 Mil | Energy |
Glencore PLC | 4.68 | 8.4 Mil | Basic Materials |
Barrick Gold Corp | 4.17 | 7.5 Mil | Basic Materials |
Nutrien Ltd | 4.10 | 7.4 Mil | Basic Materials |
Wheaton Precious Metals Corp | 4.07 | 7.3 Mil | Basic Materials |
Newmont Corp | 3.74 | 6.7 Mil | Basic Materials |
Smurfit WestRock PLC | 3.45 | 6.2 Mil | Consumer Cyclical |
Packaging Corp of America | 3.41 | 6.2 Mil | Consumer Cyclical |
United States