- ISIN
- US09252H4056
- CUSIP
- 09252H405
- Issuer
- BlackRock
- Inception Date
- Oct 23, 1988
- Category
- Energy Equities
- Min. Investment
- $2,000,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
MAGRX Performance Chart
BlackRock Natural Resources Trust Fund (MAGRX) is up 18.3% since the beginning of the year. MAGRX is currently trading at $41 per share. Investors who bought $1,000 worth of MAGRX shares 5 years ago would now be looking at an investment worth $1,721.
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Returns By Period
BlackRock Natural Resources Trust Fund (MAGRX) has returned 18.31% so far this year and 42.68% over the past 12 months. Over the last ten years, MAGRX has returned 10.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
BlackRock Natural Resources Trust Fund
- 1D
- 1.52%
- 1M
- 1.37%
- YTD
- 18.31%
- 6M
- 22.80%
- 1Y
- 42.68%
- 3Y*
- 15.28%
- 5Y*
- 11.47%
- 10Y*
- 10.06%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
MAGRX Monthly Returns History
Based on dividend-adjusted daily data since Oct 21, 1988, MAGRX's average daily return is +0.04%, while the average monthly return is +0.82%. At this rate, an investment would double in approximately 7.1 years.
Historically, 55% of months were positive and 45% were negative. The best month was Oct 2011 with a return of +21.2%, while the worst month was Oct 2008 at -25.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 8 months.
On a daily basis, MAGRX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +17.2%, while the worst single day was Oct 15, 2008 at -15.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.49% | 9.08% | -2.55% | -0.22% | -2.40% | 2.51% | 18.31% | ||||||
| 2025 | 3.80% | 1.26% | 1.87% | -4.03% | 3.43% | 4.03% | 0.31% | 6.36% | 3.36% | -2.80% | 5.00% | 4.67% | 30.26% |
| 2024 | -5.82% | -1.14% | 8.97% | 1.25% | 3.48% | -4.32% | 2.89% | 0.40% | 1.24% | -2.16% | 0.31% | -9.62% | -5.65% |
| 2023 | 5.96% | -5.34% | -1.88% | 1.37% | -10.23% | 6.35% | 6.61% | -3.23% | -0.31% | -5.74% | 3.39% | 3.34% | -1.36% |
| 2022 | 5.38% | 5.93% | 8.30% | -5.09% | 6.56% | -16.92% | 4.41% | 0.71% | -7.81% | 12.73% | 9.68% | -3.75% | 17.20% |
| 2021 | 0.12% | 10.53% | 2.36% | 3.79% | 6.08% | -1.69% | -2.57% | -1.16% | 1.00% | 7.31% | -4.28% | 6.74% | 30.76% |
Benchmark Metrics
BlackRock Natural Resources Trust Fund has an annualized alpha of 1.62%, beta of 0.84, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since October 24, 1988.
- This fund participated in 88.88% of S&P 500 Index downside but only 84.39% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.42 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.62%
- Beta
- 0.84
- R²
- 0.42
- Upside Capture
- 84.39%
- Downside Capture
- 88.88%
Expense Ratio
MAGRX has an expense ratio of 0.87%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MAGRX ranks 74 for risk / return — better than 74% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BlackRock Natural Resources Trust Fund (MAGRX) and compare them to S&P 500 Index.
| MAGRX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.57 | 2.24 | +0.33 |
Sortino ratioReturn per unit of downside risk | 3.26 | 3.07 | +0.19 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.41 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 4.61 | 2.93 | +1.68 |
Martin ratioReturn relative to average drawdown | 15.79 | 13.52 | +2.27 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
BlackRock Natural Resources Trust Fund provided a 7.13% dividend yield over the last twelve months, with an annual payout of $2.91 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.91 | $2.91 | $0.96 | $1.31 | $3.63 | $1.25 | $0.53 | $0.75 | $4.56 | $16.32 | $0.41 | $3.15 |
Dividend yield | 7.13% | 8.44% | 3.32% | 4.16% | 10.86% | 3.90% | 2.07% | 2.97% | 20.12% | 49.72% | 0.87% | 8.29% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Natural Resources Trust Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.62 | $0.00 | $0.00 | $0.00 | $0.00 | $1.28 | $2.91 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.96 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $1.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.91 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $3.63 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.97 | $1.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Natural Resources Trust Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Natural Resources Trust Fund was 65.68%, occurring on Nov 20, 2008. Recovery took 3307 trading sessions.
The current BlackRock Natural Resources Trust Fund drawdown is 3.04%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -65.68%Nov 2008 | 6mo 3d | 13y 1mo | 13y 7moMay 2008 - Jan 2022 |
1998 bear market1998 | -42.71%Aug 1998 | 10mo 28d | 1y 8mo | 2y 7moOct 1997 - May 2000 |
Dot-com crash2000–2002 | -33.18%Sep 2001 | 4mo 7d | 2y 2mo | 2y 6moMay 2001 - Dec 2003 |
Bear market2022 | -26.30%Jul 2022 | 1mo 6d | 3y 10d | 3y 1moJun 2022 - Jul 2025 |
2006 bear market2006 | -20.90%Oct 2006 | 4mo 25d | 6mo 11d | 11mo 6dMay 2006 - Apr 2007 |
Drawdown Indicators
| MAGRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.68% | -56.78% | -8.90% |
Max Drawdown (1Y)Largest decline over 1 year | -9.27% | -9.10% | -0.17% |
Max Drawdown (3Y)Largest decline over 3 years | -19.46% | -18.90% | -0.56% |
Max Drawdown (5Y)Largest decline over 5 years | -26.30% | -25.43% | -0.87% |
Max Drawdown (10Y)Largest decline over 10 years | -50.11% | -33.92% | -16.19% |
Current DrawdownCurrent decline from peak | -3.04% | -0.74% | -2.30% |
Average DrawdownAverage peak-to-trough decline | -15.93% | -10.72% | -5.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 1.97% | +0.73% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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