BCX Stock Recent News

—Potential best-in-class targeted treatment for Netherton syndrome is company's first protein therapeutic to advance to the clinic—

With stocks back in “climb” mode (at least for now!), it could seem like a good time to look for a hedge against the next downturn.

Blackrock Resources & Commodities Trust aims for high current income and capital appreciation, offering a 6.7% yield. The Trust's top holdings are concentrated in O&G companies and miners, with significant exposure outside the U.S. However, the BCX Trust has a very poor 10-year performance rack record as compared to competitors and the broad market averages.

Buying at big discounts allows you to get more value for less cost. We can collect great income now and enjoy when the discount closes. Bombard your expenses with a torrential rain of income.

NEW YORK--(BUSINESS WIRE)---- $BBN--Today, BlackRock Resources & Commodities Strategy Trust (NYSE: BCX), BlackRock Enhanced Equity Dividend Trust (NYSE: BDJ), BlackRock Energy and Resources Trust (NYSE: BGR), BlackRock Enhanced International Dividend Trust (NYSE: BGY), BlackRock Health Sciences Trust (NYSE: BME), BlackRock Health Sciences Term Trust (NYSE: BMEZ), BlackRock Enhanced Global Dividend Trust (NYSE: BOE), BlackRock Utilities, Infrastructure & Power Opportunities Trust (NYSE: BUI), Bla.

This article discusses BCX, a closed-end fund from BlackRock that invests in energy, mining, and agricultural companies.

The current portfolio of the BlackRock Resources & Commodities Strategy has over 22% upside potential on consensus price targets for 2024. However, fundamentals seem weak to support market multiple expansion with EPS growth of -2% in 2024 and 8% in 2025. The current MDP that provides an 8% distribution yield is not funded by holding dividends nor call options writing and may dip into capital.

BlackRock Resources & Commodities Strategy Trust is an equity closed-end fund that invests in commodity-focused stocks. BCX currently has a significant 14% discount to its Net Asset Value, providing an opportunity for investors to gain exposure to its portfolio at a reduced price. BCX offers a substantial 7.00% dividend yield, which could become even more attractive if interest rate cuts materialize. Additionally, the fund's weighted consensus estimates suggest a potential upside of 19%.

BlackRock Resources & Commodities Strategy Trust is a closed-end fund that focuses on high current income from stocks in the commodity and natural resources industries. BCX has historically outperformed a passive ETF, adding 1-2% in active returns. However, I am concerned about a weak global economy, particularly in commodity-hungry China. Therefore, recommend investors stay on the sidelines for now.

2 Top Dividends To Buy In February, Yields Up To 7.8%