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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION |
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Washington, D.C. 20549 |
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FORM N-Q |
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QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF
REGISTERED |
Investment Company Act file number 811-21656
Name of Fund: BlackRock Energy and Resources Trust (BGR)
Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809
Name and address of agent for service: Anne F. Ackerley, Chief Executive Officer, BlackRock Energy and Resources Trust, 55 East 52nd Street, New York, NY 10055.
Registrant’s telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 10/31/2010
Date of reporting period: 01/31/2010
Item 1 – Schedule of Investments
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Schedule of Investments January 31, 2010 (Unaudited) |
BlackRock Energy and Resources Trust (BGR) |
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(Percentages shown are based on Net Assets) |
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Shares |
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Common Stocks |
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Value |
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Construction & Engineering—0.6% |
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269,231 |
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MYR Group, Inc. (a)(b) |
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$ |
4,270,004 |
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Energy Equipment & Services—20.0% |
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318,600 |
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Cameron International Corp. (a) |
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11,998,476 |
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48,500 |
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Core Laboratories NV |
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5,672,075 |
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571,200 |
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Halliburton Co. |
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16,684,752 |
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476,100 |
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National Oilwell Varco, Inc. |
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19,472,490 |
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296,000 |
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Noble Corp. (a) |
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11,934,720 |
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228,100 |
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Saipem SpA |
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7,384,966 |
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259,100 |
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Schlumberger Ltd. |
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16,442,486 |
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191,800 |
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Technip SA |
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13,111,661 |
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335,900 |
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Transocean Ltd. (a) |
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28,464,166 |
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1,119,300 |
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Weatherford International Ltd. (a) |
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17,550,624 |
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148,716,416 |
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Gas Utilities—3.8% |
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449,600 |
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EQT Corp. |
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19,791,392 |
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208,700 |
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Questar Corp. |
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8,656,876 |
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28,448,268 |
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Metals & Mining—3.8% |
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27,900 |
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Agnico-Eagle Mines Ltd. |
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1,413,693 |
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177,300 |
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BHP Billiton Ltd. - ADR (c)(d) |
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12,299,301 |
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239,736 |
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Goldcorp, Inc. |
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8,141,434 |
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450,000 |
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Silver Wheaton Corp. (a) |
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6,192,000 |
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28,046,428 |
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Oil, Gas & Consumable Fuels—69.2% |
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445,300 |
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Alpha Natural Resources, Inc. (a) |
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18,083,633 |
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451,400 |
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AltaGas Income Trust |
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7,704,513 |
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187,000 |
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Apache Corp. |
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18,469,990 |
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570,000 |
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Arch Coal, Inc. |
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12,009,900 |
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51,600 |
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Buckeye Partners LP (c)(d) |
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2,863,800 |
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361,400 |
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Cabot Oil & Gas Corp. |
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13,830,778 |
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134,600 |
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Cimarex Energy Co. |
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6,623,666 |
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482,621 |
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Consol Energy, Inc. |
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22,494,965 |
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260,100 |
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Copano Energy LLC |
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5,909,472 |
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314,500 |
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Crescent Point Energy Corp. |
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11,132,873 |
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70,200 |
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Diamond Offshore Drilling, Inc. |
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6,425,406 |
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73,200 |
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Enbridge Energy Partners LP |
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3,801,276 |
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653,105 |
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Enterprise Products Partners LP |
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20,030,730 |
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293,900 |
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EOG Resources, Inc. |
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26,574,438 |
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1,067,200 |
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EXCO Resources, Inc. |
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18,718,688 |
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1,040,800 |
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Galleon Energy, Inc. (a) |
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5,236,852 |
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619,867 |
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Keyera Facilities Income Fund |
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14,064,039 |
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666,400 |
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MarkWest Energy Partners LP |
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19,305,608 |
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716,500 |
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Massey Energy Co. |
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27,599,580 |
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345,600 |
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Occidental Petroleum Corp. |
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27,074,304 |
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144,800 |
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ONEOK Partners LP |
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8,983,392 |
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503,700 |
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Peabody Energy Corp. |
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21,215,844 |
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265,500 |
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Pembina Pipeline Income Fund |
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4,308,090 |
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966,200 |
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Penn Virginia Corp. |
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23,449,674 |
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1,819,900 |
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PetroHawk Energy Corp. (a) |
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40,638,367 |
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616,000 |
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Petroleo Brasileiro SA - ADR |
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22,225,280 |
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214,200 |
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Plains All American Pipeline LP |
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11,371,878 |
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307,000 |
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Range Resources Corp. |
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14,122,000 |
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484,400 |
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Ship Finance International Ltd. |
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7,009,268 |
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445,000 |
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Southwestern Energy Co. (a) |
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19,081,600 |
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93,100 |
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St. Mary Land & Exploration Co. |
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2,982,924 |
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300,000 |
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Targa Resources Partners LP |
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7,095,000 |
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508,420 |
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Whiting Petroleum Corp. (a)(c) |
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33,840,435 |
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245,200 |
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Williams Partners LP |
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9,388,708 |
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513,666,971 |
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Pipelines—0.8% |
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134,200 |
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Magellan Midstream Partners LP |
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5,636,400 |
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Total Long-Term
Investments |
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728,784,487 |
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Shares/Beneficial |
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Short-Term Securities |
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Value |
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26,286,839 |
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BlackRock Liquidity Funds, TempFund, Institutional Class, 0.10% (e)(f) |
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$ |
26,286,839 |
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10,628,500 |
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BlackRock Liquidity Series, LLC, Money Market Series, 0.27% (e)(f)(g) |
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10,628,500 |
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Total Short-Term
Securities |
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36,915,339 |
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Total Investments Before Outstanding Options Written |
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(Cost—$751,635,759*)—103.2% |
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765,699,826 |
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Contracts |
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Options Written |
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Exchange-Traded Call Options Written—(0.4)% |
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935 |
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Alpha Natural Resources, Inc., Strike Price USD 44, Expires 2/22/10 |
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(107,525 |
) |
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625 |
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Alpha Natural Resources, Inc., Strike Price USD 55, Expires 3/22/10 |
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(12,500 |
) |
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100 |
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Apache Corp., Strike Price USD 110, Expires 4/19/10 |
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(18,250 |
) |
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500 |
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Apache Corp., Strike Price USD 115, Expires 3/22/10 |
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(23,750 |
) |
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1,150 |
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Arch Coal, Inc., Strike Price USD 23, Expires 2/22/10 |
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(40,250 |
) |
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450 |
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Arch Coal, Inc., Strike Price USD 24, Expires 4/19/10 |
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(36,000 |
) |
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450 |
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Arch Coal, Inc., Strike Price USD 29, Expires 2/22/10 |
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(2,250 |
) |
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200 |
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Arch Coal, Inc., Strike Price USD 29, Expires 3/22/10 |
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(2,000 |
) |
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100 |
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Cabot Oil & Gas Corp., Strike Price USD 45, Expires 2/22/10 |
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(1,500 |
) |
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500 |
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Cabot Oil & Gas Corp., Strike Price USD 47.50, Expires 3/19/10 |
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(34,218 |
) |
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500 |
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Cabot Oil & Gas Corp., Strike Price USD 50, Expires 4/19/10 |
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(37,500 |
) |
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730 |
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Cameron International Corp., Strike Price USD 42.50, Expires 2/22/10 |
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(10,950 |
) |
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420 |
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Cameron International Corp., Strike Price USD 42.50, Expires 3/22/10 |
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(24,150 |
) |
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740 |
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Cimarex Energy Co., Strike Price USD 55, Expires 2/22/10 |
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(29,600 |
) |
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100 |
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Cimarex Energy Co., Strike Price USD 55, Expires 3/22/10 |
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(9,750 |
) |
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1,300 |
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Consol Energy, Inc., Strike Price USD 49, Expires 2/22/10 |
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(146,250 |
) |
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700 |
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Crescent Point Energy Corp., Strike Price CAD 40, Expires 4/17/10 |
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(24,550 |
) |
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250 |
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Diamond Offshore Drilling, Inc., Strike Price USD 105, Expires 3/22/10 |
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(15,000 |
) |
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225 |
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EOG Resources, Inc., Strike Price USD 100, Expires 2/22/10 |
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(10,125 |
) |
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400 |
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EOG Resources, Inc., Strike Price USD 100, Expires 4/19/10 |
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(91,000 |
) |
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150 |
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EOG Resources, Inc., Strike Price USD 105, Expires 2/22/10 |
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(2,250 |
) |
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420 |
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EQT Corp., Strike Price USD 45, Expires 3/22/10 |
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(49,350 |
) |
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1,500 |
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EXCO Resources, Inc., Strike Price USD 22.50, Expires 2/22/10 |
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(7,500 |
) |
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1,750 |
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EXCO Resources, Inc., Strike Price USD 22.50, Expires 3/22/10 |
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(26,250 |
) |
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110 |
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Goldcorp, Inc., Strike Price USD 40, Expires 2/22/10 |
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(1,650 |
) |
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300 |
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Goldcorp, Inc., Strike Price USD 40, Expires 3/22/10 |
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(16,350 |
) |
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1 |
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JANUARY 31, 2010 |
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Schedule of Investments (continued) |
BlackRock Energy and Resources Trust (BGR) |
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(Percentages shown are based on Net Assets) |
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Contracts |
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Options Written |
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Value |
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Exchange-Traded Call Options Written— (continued) |
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450 |
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Goldcorp, Inc., Strike Price USD 41, Expires 2/22/10 |
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$ |
(4,725 |
) |
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900 |
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Halliburton Co., Strike Price USD 36, Expires 3/22/10 |
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(8,550 |
) |
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1,000 |
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Massey Energy Co., Strike Price USD 44, Expires 2/22/10 |
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(65,000 |
) |
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325 |
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Massey Energy Co., Strike Price USD 50, Expires 2/22/10 |
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(12,188 |
) |
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1,550 |
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Massey Energy Co., Strike Price USD 50, Expires 3/22/10 |
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(65,875 |
) |
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950 |
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National Oilwell Varco, Inc., Strike Price USD 48, Expires 2/22/10 |
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(9,500 |
) |
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950 |
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National Oilwell Varco, Inc., Strike Price USD 48, Expires 3/22/10 |
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(49,875 |
) |
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150 |
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Noble Corp., Strike Price USD 44, Expires 2/22/10 |
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(3,750 |
) |
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830 |
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Noble Corp., Strike Price USD 45, Expires 2/22/10 |
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(12,450 |
) |
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1,150 |
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Occidental Petroleum Corp., Strike Price USD 80, Expires 2/22/10 |
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(189,750 |
) |
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200 |
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ONEOK Partners LP, Strike Price USD 65, Expires 4/19/10 |
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(21,500 |
) |
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800 |
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Peabody Energy Corp., Strike Price USD 47, Expires 2/22/10 |
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(34,000 |
) |
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|
865 |
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Peabody Energy Corp., Strike Price USD 50, Expires 2/22/10 |
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|
(12,975 |
) |
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1,950 |
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Penn Virginia Corp., Strike Price USD 22.50, Expires 3/22/10 |
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|
(531,375 |
) |
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|
700 |
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Penn Virginia Corp., Strike Price USD 25, Expires 3/22/10 |
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|
(96,250 |
) |
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|
1,000 |
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Petrohawk Energy Corp., Strike Price USD 25, Expires 3/22/10 |
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|
(62,500 |
) |
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|
1,000 |
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Petrohawk Energy Corp., Strike Price USD 26, Expires 2/22/10 |
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|
(10,000 |
) |
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|
705 |
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Petrohawk Energy Corp., Strike Price USD 27, Expires 2/22/10 |
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|
(7,050 |
) |
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|
800 |
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Petrohawk Energy Corp., Strike Price USD 28, Expires 2/22/10 |
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|
(4,000 |
) |
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|
500 |
|
Petrohawk Energy Corp., Strike Price USD 28, Expires 3/22/10 |
|
|
(10,000 |
) |
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|
660 |
|
Plains All American Pipeline LP, Strike Price USD 55, Expires 3/22/10 |
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|
(57,750 |
) |
|
|
200 |
|
Questar Corp., Strike Price USD 45, Expires 4/19/10 |
|
|
(22,000 |
) |
|
|
200 |
|
Range Resources Corp., Strike Price USD 55, Expires 2/22/10 |
|
|
(2,000 |
) |
|
|
950 |
|
Range Resources Corp., Strike Price USD 55, Expires 3/22/10 |
|
|
(35,625 |
) |
|
|
239 |
|
Silver Wheaton Corp., Strike Price USD 16, Expires 2/22/10 |
|
|
(3,585 |
) |
|
|
250 |
|
Silver Wheaton Corp., Strike Price USD 17, Expires 3/22/10 |
|
|
(6,875 |
) |
|
|
1,000 |
|
Silver Wheaton Corp., Strike Price USD 18, Expires 3/22/10 |
|
|
(20,000 |
) |
|
|
300 |
|
Silver Wheaton Corp., Strike Price USD 18, Expires 6/19/10 |
|
|
(21,000 |
) |
|
|
1,250 |
|
Southwestern Energy Co., Strike Price USD 49, Expires 3/22/10 |
|
|
(103,125 |
) |
|
|
220 |
|
Southwestern Energy Co., Strike Price USD 50, Expires 3/22/10 |
|
|
(14,300 |
) |
|
|
100 |
|
Southwestern Energy Co., Strike Price USD 55, Expires 3/22/10 |
|
|
(1,750 |
) |
|
|
100 |
|
St. Mary Land & Exploration Co., Strike Price USD 35, Expires 2/22/10 |
|
|
(3,250 |
) |
|
|
200 |
|
St. Mary Land & Exploration Co., Strike Price USD 40, Expires 3/22/10 |
|
|
(3,500 |
) |
|
|
|
|
|
|
|
|
|
|
Contracts |
|
Options Written |
|
Value |
|
||
|
|
|
|
|
|
|
||
|
|
|
|
Exchange-Traded Call Options Written— (concluded) |
|
|
|
|
|
|
100 |
|
St. Mary Land & Exploration Co., Strike Price USD 40, Expires 5/24/10 |
|
$ |
(7,250 |
) |
|
|
1,180 |
|
Transocean Ltd., Strike Price USD 95, Expires 3/22/10 |
|
|
(142,190 |
) |
|
|
200 |
|
Weatherford International Ltd., Strike Price USD 19, Expires 2/22/10 |
|
|
(1,000 |
) |
|
|
500 |
|
Weatherford International Ltd., Strike Price USD 20, Expires 3/22/10 |
|
|
(5,000 |
) |
|
|
700 |
|
Whiting Petroleum Corp., Strike Price USD 75, Expires 2/22/10 |
|
|
(15,750 |
) |
|
|
1,400 |
|
Whiting Petroleum Corp., Strike Price USD 75, Expires 3/22/10 |
|
|
(136,500 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Exchange-Traded Call Options Written |
|
|
(2,594,231 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Over-the-Counter Call Options Written—(0.1)% |
|
|
|
|
|
|
62,000 |
|
BHP Billiton Ltd. - ADR, Strike Price USD 79.31, Expires 2/19/10, Broker UBS Securities LLC |
|
|
(7,971 |
) |
|
|
40,000 |
|
Cabot Oil & Gas Corp., Strike Price USD 40.71, Expires 2/12/10, Broker UBS Securities LLC |
|
|
(15,788 |
) |
|
|
16,000 |
|
Core Laboratories NV, Strike Price USD 118.31, Expires 2/26/10, Broker Morgan Stanley & Co., Inc. |
|
|
(45,182 |
) |
|
|
56,000 |
|
Crescent Point Energy Corp., Strike Price CAD 38.70, Expires 3/19/10, Broker Deutsche Bank Securities |
|
|
(25,480 |
) |
|
|
92,000 |
|
EQT Corp., Strike Price USD 45.83, Expires 2/25/10, Broker UBS Securities LLC |
|
|
(39,902 |
) |
|
|
100,000 |
|
Halliburton Co., Strike Price USD 30.93, Expires 2/26/10, Broker Morgan Stanley & Co., Inc. |
|
|
(55,718 |
) |
|
|
20,000 |
|
Penn Virginia Corp., Strike Price USD 25.96, Expires 2/19/10, Broker UBS Securities LLC |
|
|
(9,309 |
) |
|
|
250,000 |
|
Petrohawk Energy Corp., Strike Price USD 27, Expires 3/04/10, Broker UBS Securities LLC |
|
|
(31,347 |
) |
|
|
100,000 |
|
Petroleo Brasileiro SA - ADR, Strike Price USD 42.65, Expires 2/12/10, Broker Goldman Sachs & Co. |
|
|
(1,137 |
) |
|
|
48,000 |
|
Questar Corp., Strike Price USD 45.37, Expires 3/12/10, Broker Morgan Stanley & Co., Inc. |
|
|
(25,792 |
) |
|
|
79,800 |
|
Saipem SpA, Strike Price EUR 25.01, Expires 2/24/10, Broker Morgan Stanley & Co., Inc. |
|
|
(14,264 |
) |
|
|
85,500 |
|
Schlumberger Ltd., Strike Price USD 72.28, Expires 3/04/10, Broker UBS Securities LLC |
|
|
(19,033 |
) |
|
|
50,000 |
|
Ship Finance International Ltd., Strike Price USD 13.73, Expires 2/12/10, Broker UBS Securities LLC |
|
|
(42,637 |
) |
|
|
100,000 |
|
Ship Finance International Ltd., Strike Price USD 15.60, Expires 3/31/10, Broker UBS Securities LLC |
|
|
(40,600 |
) |
|
|
70,000 |
|
Technip SA, Strike Price EUR 50.69, Expires 3/10/10, Broker Morgan Stanley & Co., Inc. |
|
|
(139,401 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Over-the-Counter Call Options Written |
|
|
(513,561 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Options
Written |
|
|
(3,107,792 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total
Investments Net of Outstanding Options |
|
|
762,592,034 |
|
|
|
|
|
Liabilities in Excess of Other Assets—(2.7)% |
|
|
(20,167,586 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Assets—100.0% |
|
$ |
742,424,448 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
JANUARY 31, 2010 |
2 |
|
|
|
|
Schedule of Investments (concluded) |
BlackRock Energy and Resources Trust (BGR) |
|
|
(Percentages shown are based on Net Assets) |
|
|
|
|
* |
The cost and unrealized appreciation (depreciation) of investments as of January 31, 2010, as computed for federal income tax purposes, were as follows: |
|
|
|
|
|
|
|
|
|
Aggregate cost |
|
$ |
751,635,969 |
|
|
|
|
|
|
|
|
|
|
Gross unrealized appreciation |
|
$ |
74,829,311 |
|
|
|
Gross unrealized depreciation |
|
|
(60,765,454 |
) |
|
|
|
|
|
|
|
|
|
Net unrealized appreciation |
|
$ |
14,063,857 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Non-income producing security. |
|
|
|
|
(b) |
Restricted security as to resale acquired 12/20/07. As of report date the Trust held 0.6% of its net assets, with a current market value of $4,270,004 and an original cost of $3,500,003 in these securities. |
|
|
|
|
(c) |
Security, or a portion of security, is on loan. |
|
|
|
|
(d) |
Security, or a portion thereof, pledged as collateral for outstanding options written. |
|
|
|
|
(e) |
Investments in companies considered to be an affiliate of the Trust, for purposes of Section 2(a)(3) of the Investment Company Act of 1940 were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||
|
|
Affiliate |
|
Net Activity |
|
Income |
|
||
|
|
|
|
|
|
|
|
||
|
|
BlackRock Liquidity Funds, TempFund, Institutional Class |
|
$ |
7,585,425 |
|
$ |
2,391 |
|
|
|
BlackRock Liquidity Series, LLC Money Market Series |
|
$ |
4,733,800 |
|
$ |
2,196 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(f) |
Represents current yield as of report date. |
|
|
|
|
(g) |
Security purchased with the cash collateral from securities loans. |
|
|
|
|
• |
Foreign currency exchange contracts as of January 31, 2010 were as follows: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||
|
Currency |
|
Currency |
|
Counterparty |
|
Settlement |
|
Unrealized |
|||
|
|
|
|
|
|
|
|
|
|
|||
|
EUR |
9,407,000 |
|
USD |
13,194,258 |
|
Citigroup Global Markets |
|
2/01/10 |
|
$ (151,443) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
• |
For Trust compliance purposes, the Trust’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or defined by Trust management. This definition may not apply for purposes of this report, which may combine industry sub-classifications for reporting ease. |
|
|
|
|
|
|
• |
Fair Value Measurements — Various inputs are used in determining the fair value of investments, which are as follows: |
|
|
|
|
|
|
|
• |
Level 1 — price quotations in active markets/exchanges for identical assets and liabilities |
|
|
|
|
|
|
• |
Level 2 — other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market- corroborated inputs) |
|
|
|
|
|
|
• |
Level 3 — unobservable inputs based on the best information available In the circumstances, to the extent observable inputs are not available (including the Trusts’s own assumptions used in determining the fair value of investments) |
|
|
|
|
|
The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For information about the Trust’s policy regarding valuation of investments and other significant accounting policies, please refer to the Trust’s most recent financial statements as contained in its annual report. |
||
|
|
|
|
|
The following table summarizes the inputs used as of January 31, 2010 in determining the fair valuation of the Trust’s investments: |
||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||||||||||
|
Investments in Securities |
|
||||||||||||
|
|
|
||||||||||||
|
Valuation Inputs |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
||||
|
|
|
|
|
|
|
|
|
|
|
||||
|
Assets: |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Common Stocks1: |
|
$ |
708,287,860 |
|
$ |
20,496,627 |
|
|
— |
|
$ |
728,784,487 |
|
|
Short-Term Securities: |
|
|
26,286,839 |
|
|
10,628,500 |
|
|
— |
|
|
36,915,339 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
734,574,699 |
|
$ |
31,125,127 |
|
|
— |
|
$ |
765,699,826 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1 |
See above Schedule of Investments for values in each industry excluding Level 2, Energy Equipment & Services, within the table. |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Other Financial Instruments2 |
|
||||||||||||
|
|
|
||||||||||||
|
Valuation Inputs |
|
Level 1 |
|
Level 2 |
|
Level 3 |
|
Total |
|
||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities: |
|
$ |
(2,560,013 |
) |
$ |
(699,222 |
) |
|
— |
|
$ |
(3,259,235 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
$ |
(2,560,013 |
) |
$ |
(699,222 |
) |
|
— |
|
$ |
(3,259,235 |
) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2 |
Other financial instruments are foreign currency exchange contracts and options. Foreign currency exchange contracts are valued at the unrealized appreciation/depreciation on the instrument and options are shown at market value. |
KEY TO ABBREVIATIONS
|
|
|
ADR — American Depositary Receipt |
|
CAD — Canadian Dollar |
|
EUR — Euro |
|
USD — U.S. Dollar |
|
|
|
|
|
|
|
|
|
3 |
|
JANUARY 31, 2010 |
|
|
|
|
|
|
Item 2 – Controls and Procedures |
|||
|
|
|
||
|
2(a) – |
The registrant’s principal executive and principal financial officers or persons performing similar functions have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13(a)-15(b) under the Securities Exchange Act of 1934, as amended. |
||
|
|
|
||
|
2(b) – |
There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
||
|
|
|
||
|
Item 3 – Exhibits |
|||
|
|
|
||
|
|
Certifications – Attached hereto |
||
|
|
|
||
|
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. |
||
|
|
|
|
|
|
|
BlackRock Energy and Resources Trust |
||
|
|
|
|
|
|
|
By: |
/s/ Anne F. Ackerley |
|
|
|
|
|
|
|
|
|
Anne F. Ackerley |
|
|
|
|
Chief Executive Officer of |
|
|
|
|
BlackRock Energy and Resources Trust |
|
|
|
|
|
|
|
|
Date: March 19, 2010 |
||
|
|
|
|
|
|
|
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. |
||
|
|
|
|
|
|
|
By: |
/s/ Anne F. Ackerley |
|
|
|
|
|
|
|
|
|
Anne F. Ackerley |
|
|
|
|
Chief Executive Officer (principal executive officer) of |
|
|
|
|
BlackRock Energy and Resources Trust |
|
|
|
|
|
|
|
|
Date: March 19, 2010 |
||
|
|
|
|
|
|
|
By: |
/s/ Neal J. Andrews |
|
|
|
|
|
|
|
|
|
Neal J. Andrews |
|
|
|
|
Chief Financial Officer (principal financial officer) of |
|
|
|
|
BlackRock Energy and Resources Trust |
|
|
|
|
|
|
|
|
Date: March 19, 2010 |
||