jse17

Blackrock Energy and Resources: One Stop Shopping for Energy Exposure

I agree with your presentation! As my lawyer states, however, timing is everything. The discount has narrowed precipitously from the low 20s to yesterdays -3.59% numeric as you noted.

After declines of this magnitude, I personally have found it difficult to make significant profits. In fact, at discounts in the 3s or less, a wonderful opportunity exists to take profits and switch to a global energy ETF or a well run OEF as Vanguard's Energy Fund - VGENX.

Let the buyer beware when discount drops as described are in place. I enjoyed your article.

www.closed-endfunds.co...