BlackRock Global Resources Inv A SSGRX
14004 views
Rate Now: 1 2 3 4

average rating: 1.80 / 5 ratings
DESCRIPTION:

Date updated:01-29-2008

BlackRock Global Resources Fund is an open-end fund incorporated in the USA. The Fund's objective is long-term growth of capital. The Fund invests at least 80% of its net assets in securities of energy and natural resources of global companies and companies in associated businesses, as well as utilities.

Current Returns:

1 Year: 26.78%
3 Year: 28.68%
5 Year: 38.58%

symbol name last price % change open
  • +
  • CNX
    Cons Energy Inc
  • $47.55
  • -3.98%
  • $48.34

No Analysis added

People owning CNX also tend to own: AAVABXAADGAMATAQRBGRBXL

TheStreet.com Rating: B What is this?

  • +
  • PXP
    Plains Expl&prod
  • $27.06
  • -3.11%
  • $27.69

No Analysis added

People owning PXP also tend to own: COGFSTHYSLINFAQSFTSOVVLY

TheStreet.com Rating: C- What is this?

  • +
  • ACI
    Arch Coal Inc
  • $22.92
  • -2.72%
  • $23.25

No Analysis added

People owning ACI also tend to own: AAPLAEMCOPERFGOOGHALNE

TheStreet.com Rating: C What is this?

  • +
  • MEE
    Massey Energy Co
  • $38.03
  • -3.79%
  • $38.78

No Analysis added

People owning MEE also tend to own: CLCTDENNFFEXJBSSJRCCMSFTPBY

TheStreet.com Rating: B- What is this?

  • +
  • NFX
    Newfield Exp Com
  • $42.38
  • -3.57%
  • $43.58

No Analysis added

People owning NFX also tend to own: COHSYYAATICVSEGOQCOMAAUK

TheStreet.com Rating: C What is this?

  • +
  • DO
    Diamond Offshore
  • $100.20
  • -2.89%
  • $102.32

No Analysis added

People owning DO also tend to own: ACIBJSBTUCNXCWEIDNRGSF

TheStreet.com Rating: B What is this?

  • +
  • RIG
    Transocean Ltd
  • $85.22
  • -2.37%
  • $86.88

No Analysis added

People owning RIG also tend to own: GSFHPNBRAAPLADBEBBYCMCSA

TheStreet.com Rating: B- What is this?

  • +
  • PVA
    Penn Virginia Cp
  • $19.02
  • -5.70%
  • $19.85

No Analysis added

People owning PVA also tend to own: AEISANCXBWNGCHKGMXRHPMZT

TheStreet.com Rating: D+ What is this?

previous next

Portfolio not tracked!

06/26/2007 08:47 AM CDT Asked by PhilScim
interesting

01/27/2007 04:00 AM CST Asked by magician
I suppose that as a sector fund one shouldn't expect it to be particularly well diversified; it isn't. The average correlation of returns amongst the holdings is +52% over the last four years, +46% if you include cash in the portfolio

During the last four years, 8 of the 20 holdings - CNX, DO, NFX, BTU, ACI, MEE, HAL and BJS - have provided no useful diversification; i.e., any portfolio that contained any of these could be improved - less risk for the same return or more return for the same risk - by dropping these securities.

If the fund includes cash, the situation is even more severe: 12 of the 20 securities provided no useful diversification. Those that did are CNX, RIG, PXP, MEE, SNSA, SWN, OMM, and SLB.

ADD YOUR COMMENTS:

Cramer's Take on Headline Stocks...

Not a Stockpickr member? Join the community today -- for free.Regardless of why a stock is in the news, it never hurts to hear what a professional investor has to say about...

11.20.09 | 11:48 AM
Jim Cramer's Portfolios of the Week

By Roberto Pedone Posted on Nov. 20, 2009 According to Jim Cramer, options expiration is driving the current market selloff. He pointed out that the only stocks that we...

11.20.09 | 08:09 AM
'Fast Money' Portfolios of the Week

By Roberto Pedone Posted on Nov. 19, 2009 According to CNBC’s “Fast Money” traders, the stock market is showing no signs of stopping its current bull run. Joe Ter...

11.19.09 | 11:13 AM
Squeezing the Shorts: Earnings G...

By Jonas Elmerraji Posted on Nov. 18, 2009 There are plenty of reasons for stocks to have the attention of short-sellers. Waning financials, a deteriorating business mo...

11.18.09 | 12:36 PM
more articles
Wealth distribution by race and ...
11.23.08 | 18:44 PM From author Valerie J
General market Technical Analysi...
11.14.07 | 22:55 PM From author ZA
The Presidential/Political Thread
01.02.08 | 08:05 AM From author Dave Cox
Been a While If Anyone remembers...
11.20.09 | 15:40 PM From author Soulja Bear
more forums
Q. Stockpickrs, I was lucky and bou...
11.20.09 | 19:38 PM Asked by Java12jack

A. i like pot and mos..mos is a take over
target ,their is some chatter in the air
with mos.at what price i do not
know.nothing is a sure thing though.both
r good though

today 's lists
Dogs of the Dow

Here are the 10 stocks in the Dow Jones Industrial Average stocks with the highest yields as of the market close on June 2, 2009. more

52-Week Highs

Here are some of the biggest stocks that made the 52-week high list on Nov. 20, 2009. more

Analyst Downgrades

Analyst Downgrades or Estimate Reductions for Nov. 20, 2009. Read more here. more