BlackRock Energy Opportunities Fund Investor C Class (BACCX)
| Fund Assets | 265.05M |
| Expense Ratio | 2.04% |
| Min. Investment | $1,000 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 1.62% |
| Dividend Growth | -27.96% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 13.12 |
| YTD Return | 5.38% |
| 1-Year Return | -0.43% |
| 5-Year Return | 133.70% |
| 52-Week Low | 11.21 |
| 52-Week High | 13.80 |
| Beta (5Y) | n/a |
| Holdings | 31 |
| Inception Date | Feb 16, 2005 |
About BACCX
BlackRock Energy Opportunities Fund Investor C is an actively managed mutual fund focused on delivering long-term capital growth by investing in the global energy sector. The fund allocates at least 80% of its assets to equity securities of companies involved in energy, natural resources, and related fields, including utilities such as gas, water, cable, electrical, and telecommunications services. Its mandate allows for investment across all market capitalizations and geographic regions, making it a globally diversified option within the energy segment. By targeting businesses that operate in or support energy and natural resource industries, the fund seeks to capitalize on trends and developments impacting global energy demand and supply. With a concentrated approach, the fund typically invests more than a quarter of its assets in energy or natural resources companies, positioning it as a specialist vehicle within the equity energy category. This focus makes it relevant for market participants interested in exposure to the dynamics of the global energy and utility sectors, while providing an option to hedge against shifts in energy prices and costs.
Performance
BACCX had a total return of -0.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.36%.
Top 10 Holdings
70.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 19.62% |
| Shell plc | SHEL | 10.46% |
| Chevron Corporation | CVX | 9.74% |
| TotalEnergies SE | TTE | 7.10% |
| Canadian Natural Resources Limited | CNQ | 4.16% |
| Cheniere Energy, Inc. | LNG | 4.13% |
| TC Energy Corporation | TRP | 4.08% |
| The Williams Companies, Inc. | WMB | 4.06% |
| Kinder Morgan, Inc. | KMI | 3.80% |
| EOG Resources, Inc. | EOG | 3.65% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $0.12296 | Dec 11, 2024 |
| Jul 18, 2024 | $0.08908 | Jul 19, 2024 |
| Dec 7, 2023 | $0.13593 | Dec 8, 2023 |
| Jul 20, 2023 | $0.1584 | Jul 21, 2023 |
| Dec 8, 2022 | $0.10859 | Dec 9, 2022 |
| Jul 14, 2022 | $0.09319 | Jul 15, 2022 |