BlackRock Energy and Resources Closed Fund (BGR) - Net Assets
Based on the latest financial reports, BlackRock Energy and Resources Closed Fund (BGR) has net assets worth $417.42 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($419.14 Million) and total liabilities ($1.72 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BGR strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $417.42 Million |
| % of Total Assets | 99.59% |
| Annual Growth Rate | -4.6% |
| 5-Year Change | 15.18% |
| 10-Year Change | -25.87% |
| Growth Volatility | 24.48 |
BlackRock Energy and Resources Closed Fund - Net Assets Trend (2006–2025)
This chart illustrates how BlackRock Energy and Resources Closed Fund's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of BlackRock Energy and Resources Closed Fu.
Annual Net Assets for BlackRock Energy and Resources Closed Fund (2006–2025)
The table below shows the annual net assets of BlackRock Energy and Resources Closed Fund from 2006 to 2025. Also explore BGR net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $361.08 Million | +0.42% |
| 2024-12-31 | $359.57 Million | -7.32% |
| 2023-12-31 | $387.98 Million | -2.64% |
| 2022-12-31 | $398.49 Million | +27.11% |
| 2021-12-31 | $313.50 Million | +31.80% |
| 2020-12-31 | $237.87 Million | -36.55% |
| 2019-12-31 | $374.90 Million | +4.90% |
| 2018-12-31 | $357.39 Million | -24.13% |
| 2017-12-31 | $471.06 Million | -3.29% |
| 2016-12-31 | $487.06 Million | +16.25% |
| 2015-12-31 | $418.98 Million | -33.45% |
| 2014-12-31 | $629.60 Million | -29.78% |
| 2013-12-31 | $896.63 Million | +16.08% |
| 2012-12-31 | $772.46 Million | +25.30% |
| 2008-12-31 | $616.48 Million | -44.92% |
| 2007-12-31 | $1.12 Billion | +26.75% |
| 2006-12-31 | $883.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BlackRock Energy and Resources Closed Fund's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 147.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $443.98 Million | 122.96% |
| Total Equity | $361.08 Million | 100.00% |
BlackRock Energy and Resources Closed Fund Competitors by Market Cap
The table below lists competitors of BlackRock Energy and Resources Closed Fund ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PetroVietnam Transportation Corp
VN:PVT
|
$447.79 Million |
|
Tatva Chintan Pharma Chem Limited
NSE:TATVA
|
$447.82 Million |
|
Yibin Paper Industry Co Ltd
SHG:600793
|
$447.84 Million |
|
Lafang China
SHG:603630
|
$447.85 Million |
|
Marimekko Oyj
HE:MEKKO
|
$447.76 Million |
|
Daewoong
KO:003090
|
$447.54 Million |
|
Mobilicom Limited Warrants
NASDAQ:MOBBW
|
$447.49 Million |
|
Beijing Dynamic Power Co Ltd
SHG:600405
|
$447.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BlackRock Energy and Resources Closed Fund's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 359,569,775 to 361,083,986, a change of 1,514,211 (0.4%).
- Net income of 40,395,962 contributed positively to equity growth.
- Dividend payments of 29,713,189 reduced retained earnings.
- Share repurchases of 9,032,106 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $40.40 Million | +11.19% |
| Dividends Paid | $29.71 Million | -8.23% |
| Share Repurchases | $9.03 Million | -2.5% |
| Other Changes | $-136.46K | -0.04% |
| Total Change | $- | 0.42% |
Book Value vs Market Value Analysis
This analysis compares BlackRock Energy and Resources Closed Fund's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.68x to 1.24x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $25.95 | $17.59 | x |
| 2013-12-31 | $30.12 | $17.59 | x |
| 2014-12-31 | $21.15 | $17.59 | x |
| 2015-12-31 | $14.05 | $17.59 | x |
| 2016-12-31 | $16.33 | $17.59 | x |
| 2017-12-31 | $15.61 | $17.59 | x |
| 2018-12-31 | $11.98 | $17.59 | x |
| 2019-12-31 | $12.57 | $17.59 | x |
| 2020-12-31 | $8.17 | $17.59 | x |
| 2021-12-31 | $10.77 | $17.59 | x |
| 2022-12-31 | $14.08 | $17.59 | x |
| 2023-12-31 | $14.54 | $17.59 | x |
| 2024-12-31 | $13.77 | $17.59 | x |
| 2025-12-31 | $14.18 | $17.59 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BlackRock Energy and Resources Closed Fund utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.19%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 91.86%
- • Asset Turnover: 0.12x
- • Equity Multiplier: 1.00x
- Recent ROE (11.19%) is above the historical average (-4.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 14.81% | 93.14% | 0.16x | 1.01x | $42.51 Million |
| 2007 | 25.99% | 96.59% | 0.25x | 1.06x | $178.92 Million |
| 2008 | -64.95% | -573.28% | 0.11x | 1.05x | $-462.07 Million |
| 2012 | -2.36% | -134.92% | 0.02x | 1.03x | $-95.49 Million |
| 2013 | 19.23% | 1240.88% | 0.01x | 1.06x | $82.74 Million |
| 2014 | -66.27% | -1963.11% | 0.03x | 1.01x | $-480.17 Million |
| 2015 | -39.92% | 0.00% | -0.21x | 1.01x | $-209.15 Million |
| 2016 | 20.08% | 0.00% | -0.09x | 1.02x | $49.08 Million |
| 2017 | 2.50% | 95.03% | 0.03x | 1.02x | $-35.33 Million |
| 2018 | -24.03% | 0.00% | -0.24x | 1.01x | $-121.64 Million |
| 2019 | 12.08% | 97.90% | 0.12x | 1.01x | $7.79 Million |
| 2020 | -47.37% | 0.00% | -0.46x | 1.02x | $-136.46 Million |
| 2021 | 28.30% | 99.54% | 0.28x | 1.01x | $57.38 Million |
| 2022 | 28.55% | 99.78% | 0.28x | 1.01x | $73.94 Million |
| 2023 | 4.74% | 126.16% | 0.04x | 1.01x | $-20.39 Million |
| 2024 | 3.93% | 105.98% | 0.04x | 1.01x | $-21.81 Million |
| 2025 | 11.19% | 91.86% | 0.12x | 1.00x | $4.29 Million |
Industry Comparison
This section compares BlackRock Energy and Resources Closed Fund's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $551,643,441
- Average return on equity (ROE) among peers: -41.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Energy and Resources Closed Fund (BGR) | $417.42 Million | 14.81% | 0.00x | $447.77 Million |
| Acadian Asset Management Inc (AAMI) | $87.10 Million | 97.59% | 7.07x | $3.22 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.55 Billion | 15.37% | 0.00x | $3.30 Billion |
| Associated Capital Group Inc (AC) | $913.08 Million | 4.10% | 0.03x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $134.30 Million | -18.79% | 0.03x | $265.69 Million |
| AFC Gamma Inc (AFCG) | $175.57 Million | -11.78% | 0.57x | $77.32 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $1.40 Million | -229.54% | 1.40x | $194.14 Million |
| Alpha Compute Corp (ALP) | $4.85 Million | -51.03% | 0.55x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $782.49 Million | -21.16% | 0.62x | $330.96 Million |
| Amber International Holding Limited (AMBR) | $14.38 Million | -201.69% | 2.45x | $92.17 Million |
| Affiliated Managers Group, Inc. (AMG) | $1.85 Billion | 3.21% | 0.83x | $9.40 Billion |
About BlackRock Energy and Resources Closed Fund
BlackRock Energy and Resources Trust is a closed-ended equity mutual fund launched by BlackRock, Inc. The fund is co-managed by BlackRock Advisors, LLC and BlackRock International Limited. It invests in public equity markets across the globe, with an emphasis on the United States. The fund seeks to invest in stocks of companies operating in the energy and natural resources sectors. It invests in … Read more