BCX CEF — BlackRock Resources & Commodities Strategy Trust

BlackRock Resources & Commodities Strategy Trust (BCX)

BCX is a CEF. its distribution rate is 6.85%, its trailing-12-month yield is 6.85%, its expense ratio is 1.10%. Dividend Vision Distribution Safety Score™ is 96/100 (Safe). Total return is 104.2% over the past 15.5 years, 565.3 points behind SPY at 669.5%.

At the current 6.85% distribution rate, a $10,000 investment would generate approximately $685 per year, or $57.08 per month.

BlackRock Resources & Commodities Strategy Trust is a closed-end fund that invests at least eighty percent of its assets in equity securities of commodity and natural resources companies, while employing covered call writing on a portion of the portfolio to generate additional income. The fund distributes a high current income yield monthly and carries no publicly disclosed expense ratio. It appeals to income-focused investors seeking regular distributions from exposure to the energy and materials sectors.

BCX performance versus SPY

Price and return data through 2026-09-21.

Total return is 104.2% over the past 15.5 years, 565.3 points behind SPY at 669.5%. Over the past year its total return — price change plus distributions reinvested — is 31.7%. Its deepest 1-year drawdown was 18.8%.

BCX key facts

Distribution Safety Score™

96 · Safe

Safety-Adjusted Yield

6.58%

Issuer

BlackRock

Asset type

CEF

Asset class

Equity

Inception date

03/29/2011

Expense ratio

1.10%

Distribution rate

6.85%

Distribution frequency

Monthly

Trailing yield

6.85%

5-year average yield

6.5

Last close

$12.27 (as of 2026-09-21)

NAV

$13.58

Premium / discount

9.65% discount

Market cap

$935,441,344

Average volume

167149.0

Next dividend

$0.07

Next ex-dividend date

10/15/2026

Next payment date

10/30/2026

How Dividend Vision calculates yield and returns

Distribution rate (6.85%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (6.85%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: BlackRock or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

BCX risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 18.8%.

Who may consider BCX — and who may not

BCX may suit someone looking for a high Distribution Safety Score. It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More securities from BlackRock.