Register Log-in Investor Type

BlackRock Commodities Income lags soaring resources sector

BlackRock Commodities Income has posted a 51.9% return on net assets for the year ended 30 November 2016. The return to shareholders was 51.4%. Over the same period, the Euromoney Global Mining and MSCI World Energy indices increased by 85.5% and 28.8% respectively (all data in sterling terms with income reinvested). The dividend for the year was 5p, down from 6p – this reflects a fall in the revenue return to 4.43p.

The investment managers’ statement contains a comprehensive review of the commodity and energy markets but little stock specific performance attribution.

BRCI : BlackRock Commodities Income lags soaring resources sector

Leave a Reply

Your email address will not be published. Required fields are marked *

Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.

You live in…

You are a…