Morningstar

BlackRock Natural Resources Trust Investor A Shares MDGRX

Morningstar Medalist Rating
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Medalist Rating as of See BlackRock Investment Hub
  • NAV / 1-Day Return $34.85  /  −1.44 %
  • Fund Size $192.5M
  • Adjusted Expense Ratio 1.170%
  • Net Expense Ratio 1.160%
  • Fee Level: Distribution Below Average
  • Share Class Type Front Load
  • Morningstar Category Natural Resources
  • Equity Style Box (Funds) Large Value
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 1.38%
  • Turnover Ratio 90%
NAV and 1-Day Return as of

Morningstar’s Analysis MDGRX

Will MDGRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDGRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the MDGRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of MDGRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A compelling offering for broad exposure to natural resources.

Senior Analyst Ramanand Kothari

Ramanand Kothari

Senior Analyst

Summary

BlackRock’s Natural Resources strategy, which includes a US fund, an SICAV, and a UK trust, is managed by a strong and well-resourced investment team that applies a disciplined process in a highly volatile universe. We retain the strategy’s People and Process Pillar ratings at Above Average and Average, respectively.

by Ramanand Kothari
Rated on Published on

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Portfolio Holdings MDGRX

More MDGRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 51.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Shell PLC

8.44 16M
Energy

ExxonMobil Holdings Corp

8.08 15M
Energy

Chevron Corp

5.96 11M
Energy

Anglo American PLC

4.70 9M
Basic Materials

Glencore PLC

4.59 9M
Basic Materials

Nutrien Ltd

4.49 8M
Basic Materials

Suncor Energy Inc

3.95 7M
Energy

Corteva Inc

3.75 7M
Basic Materials

Royal Gold Inc

3.70 7M
Basic Materials

Wheaton Precious Metals Corp

3.62 7M
Basic Materials

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