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 $361.08 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($362.45 Million) and total liabilities ($1.36 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 how resilient are BlackRock Energy and Resources Closed Fu's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $361.08 Million |
| % of Total Assets | 99.62% |
| 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. Also explore how large is BlackRock Energy and Resources Closed Fu's balance sheet for the complete picture of this company's asset base.
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. For live valuation and market cap data, see BGR stock market capitalisation.
| 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 |
|---|---|
|
Shanghai Shenqi Pharmaceutical Investment Management Co Ltd A
SHG:600613
|
$412.42 Million |
|
Shanghai W Ibeda High Tech Group Co Ltd
SHG:688071
|
$412.42 Million |
|
Fubotv Inc
NYSE:FUBO
|
$412.68 Million |
|
Tegma Gestão Logística S.A
SA:TGMA3
|
$412.73 Million |
|
Cion Investment Corp
NYSE:CION
|
$412.33 Million |
|
Hanjia Design Croup Co Ltd Class A
SHE:300746
|
$412.25 Million |
|
HiVi Acoustics Technology Co Ltd
SHE:002888
|
$412.22 Million |
|
Facc AG
VI:FACC
|
$412.11 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: 1.18x
- 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 0.65x to 1.18x 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 | $16.77 | x |
| 2013-12-31 | $30.12 | $16.77 | x |
| 2014-12-31 | $21.15 | $16.77 | x |
| 2015-12-31 | $14.05 | $16.77 | x |
| 2016-12-31 | $16.33 | $16.77 | x |
| 2017-12-31 | $15.61 | $16.77 | x |
| 2018-12-31 | $11.98 | $16.77 | x |
| 2019-12-31 | $12.57 | $16.77 | x |
| 2020-12-31 | $8.17 | $16.77 | x |
| 2021-12-31 | $10.77 | $16.77 | x |
| 2022-12-31 | $14.08 | $16.77 | x |
| 2023-12-31 | $14.54 | $16.77 | x |
| 2024-12-31 | $13.77 | $16.77 | x |
| 2025-12-31 | $14.18 | $16.77 | 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: $1,082,816,210
- Average return on equity (ROE) among peers: 17.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BlackRock Energy and Resources Closed Fund (BGR) | $361.08 Million | 14.81% | 0.00x | $412.39 Million |
| Acadian Asset Management Inc (AAMI) | $170.50 Million | 74.13% | 6.59x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $490.71 Million | 39.40% | 0.48x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $964.38 Million | 0.92% | 0.04x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $77.47 Million | -13.30% | 0.03x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $-40.08K | 0.00% | 0.00x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $970.20 Million | -10.62% | 0.29x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $602.36 Million | 9.29% | 1.06x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $6.70 Billion | 11.85% | 12.89x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $742.49 Million | 21.17% | 0.16x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $108.10 Million | 45.88% | 6.74x | $2.65 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