About MAGRX
BlackRock Natural Resources Trust Institutional Shares is a mutual fund that focuses on investing in equity securities of companies with substantial natural resource assets. The fund’s primary objective is to provide investors with diversified exposure to the natural resources sector, including key industries such as energy, mining, agriculture, and materials. Its portfolio typically includes major global corporations engaged in the extraction, processing, or production of oil, gas, metals, minerals, and agricultural goods. Noteworthy holdings often feature leading sector names such as Shell, Exxon Mobil, Wheaton Precious Metals, and Nutrien. By maintaining at least 80% of its assets in companies tied to natural resources, the fund seeks to capture global trends and cycles influencing commodity markets. Actively managed, it emphasizes stock selection to target high-quality companies believed to be well-positioned within the sector. The fund plays a significant role in portfolios seeking exposure to resource-driven economic growth and inflation-sensitive assets, reflecting the vital importance of natural resources to the broader global economy.
Fund Family BlackRock
Category Natural Resources
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MAGRX
Index S&P Global Natural Resources NR USD
MAGRX had a total return of 41.19% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.08%.
