Money Makers

BlackRock Energy and Resources Income (ticker: BERI) was launched in 2005. It invests in a fairly concentrated portfolio of around 60 stocks across the mining, traditional energy, and energy transition sectors and is unconstrained by geography or company size. Tom Holl has served as a named manager since 2014 and focuses on mining stocks while Mark Hume, an energy specialist, looks after the rest of the portfolio and became co-manager alongside Holl in 2020. BERI has been a regular issuer of new shares for most of its existence, spending a fair amount of time at a premium to NAV, although it i...