BlackRock Natural Resources Trust Fund (MAGRX)
The fund invests primarily in equity securities of companies with substantial natural resource assets. It will invest at least 80% of its assets in companies with substantial natural resource assets or in securities the value of which is related to the market value of some natural resource asset. The fund normally invests in a portfolio consisting of companies in a variety of natural resource related sectors, such as energy, chemicals, oil, gas, paper, mining, steel or agricultural products.
Fund Info
US09252H4056
09252H405
Oct 23, 1988
$2,000,000
Large-Cap
Value
Expense Ratio
MAGRX features an expense ratio of 0.87%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Natural Resources Trust Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BlackRock Natural Resources Trust Fund had a return of 7.95% year-to-date (YTD) and 8.77% in the last 12 months. Over the past 10 years, BlackRock Natural Resources Trust Fund had an annualized return of -3.09%, while the S&P 500 had an annualized return of 11.29%, indicating that BlackRock Natural Resources Trust Fund did not perform as well as the benchmark.
MAGRX
7.95%
1.86%
-0.99%
8.77%
8.61%
-3.09%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of MAGRX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.80% | 7.95% | |||||||||||
| 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% | 5.35% | -3.23% | -0.31% | -5.74% | 3.39% | 3.33% | -2.53% |
| 2022 | 5.38% | 5.93% | 8.30% | -5.09% | 6.56% | -16.92% | -4.94% | 0.71% | -7.81% | 12.73% | 9.68% | -3.75% | 6.71% |
| 2021 | 0.12% | 10.53% | 2.37% | 3.79% | 6.08% | -1.69% | -2.57% | -1.15% | 1.00% | 7.31% | -4.28% | 6.64% | 30.64% |
| 2020 | -7.94% | -10.68% | -18.11% | 13.26% | 6.32% | 2.73% | 4.13% | 3.28% | -6.79% | -3.55% | 19.13% | 7.58% | 3.20% |
| 2019 | 9.94% | 1.93% | 1.18% | -0.43% | -7.32% | 9.46% | -3.01% | -4.37% | 1.33% | 0.57% | 0.98% | 5.51% | 15.34% |
| 2018 | 2.68% | -7.83% | -1.71% | 5.63% | 2.29% | -0.55% | 0.58% | -3.39% | 2.57% | -8.65% | -17.45% | -5.59% | -29.07% |
| 2017 | -1.59% | -3.06% | -1.12% | -2.98% | -1.85% | -0.98% | -29.36% | 0.30% | 4.99% | 1.80% | 1.31% | 3.65% | -29.28% |
| 2016 | -4.03% | -3.07% | 11.82% | 10.67% | -2.06% | 2.66% | -1.39% | 1.54% | 3.77% | -3.63% | 8.85% | 0.41% | 26.70% |
| 2015 | -4.56% | 4.38% | -2.42% | 9.29% | -6.16% | -3.64% | -9.94% | -2.59% | -7.95% | 10.74% | -0.58% | -17.33% | -29.39% |
| 2014 | -4.54% | 6.04% | 1.69% | 5.24% | 1.01% | 5.95% | -4.07% | 2.46% | -8.51% | -6.59% | -9.04% | -10.98% | -21.14% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of MAGRX is 24, meaning it’s performing worse than 76% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Natural Resources Trust Fund (MAGRX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Natural Resources Trust Fund provided a 3.08% dividend yield over the last twelve months, with an annual payout of $0.96 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.96 | $0.96 | $0.92 | $0.88 | $1.23 | $0.53 | $0.75 | $0.79 | $0.91 | $0.41 | $0.42 | $0.37 |
Dividend yield | 3.08% | 3.32% | 2.92% | 2.64% | 3.82% | 2.07% | 2.97% | 3.50% | 2.77% | 0.87% | 1.10% | 0.68% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 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 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 | $0.92 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.00 | $0.00 | $0.72 | $0.88 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.00 | $0.00 | $0.00 | $0.00 | $0.94 | $1.23 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.53 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $0.75 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.79 | $0.00 | $0.79 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.91 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.41 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2014 | $0.37 | $0.37 |
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.
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 81.60%, occurring on Mar 18, 2020. The portfolio has not yet recovered.
The current BlackRock Natural Resources Trust Fund drawdown is 52.77%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -81.6% | May 21, 2008 | 2975 | Mar 18, 2020 | — | — | — |
| -46.76% | Aug 8, 1997 | 277 | Aug 31, 1998 | 507 | Aug 17, 2000 | 784 |
| -41.73% | Aug 4, 1987 | 136 | Feb 9, 1988 | 2119 | Mar 25, 1996 | 2255 |
| -33.18% | May 22, 2001 | 84 | Sep 26, 2001 | 547 | Dec 1, 2003 | 631 |
| -21.83% | May 11, 2006 | 106 | Oct 11, 2006 | 145 | May 11, 2007 | 251 |
Volatility
Volatility Chart
The current BlackRock Natural Resources Trust Fund volatility is 3.98%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.