Liberty All-Star Growth Fund vs BlackRock Energy and Resources Trust
LIBERTY ALL-STAR GROWTH FD and BlackRock Energy and Resources Trust are compared on this page. It examines business models, potential financial performance, and market context to show how each fund approaches growth and energy resources in a neutral, accessible way. Educational content, not financial advice.
LIBERTY ALL-STAR GROWTH FD and BlackRock Energy and Resources Trust are compared on this page. It examines business models, potential financial performance, and market context to show how each fund ap...
Investment Analysis
Pros
- The fund is multi-managed with three experienced managers focusing on small-, mid-, and large-cap growth stocks across diverse sectors.
- It offers a relatively high current dividend yield of approximately 8.35%, providing attractive income potential for investors.
- The fund maintains a high portfolio allocation to equities at 98.4%, emphasizing exposure to growth companies, particularly in information technology and industrials.
Considerations
- The fund currently trades at a significant discount to its net asset value (around -8.8%), which may indicate market concerns about its valuation or prospects.
- Its price-to-earnings ratio of about 10 is above some of its historical averages, possibly reflecting higher valuation risk compared to past years.
- With a beta over 1 (1.17), the fund may experience above-market volatility, increasing risk in turbulent market conditions.
Pros
- BlackRock Energy and Resources Trust has strong exposure to large, established energy companies with significant weightings in ExxonMobil, Shell, and Chevron.
- Year-to-date net asset value total return is nearly 9.7%, supported by rising energy prices and sector performance in 2025.
- The fund carries no interest expense, helping to preserve income amid energy sector volatility and maintains a moderate expense ratio of 1.23%.
Considerations
- The fund’s investment focus on energy and resources increases its sensitivity to commodity price fluctuations and regulatory risks in the fossil fuel sector.
- It does not follow an ESG or sustainability-focused investment strategy, which could deter investors prioritising environmental considerations.
- Expense ratio and management fees total 1.23%, which can be relatively high compared to passive index funds, potentially impacting net returns.
Buy ASG or BGR in Nemo
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Comparisons
Liberty All-Star Growth Fund vs PIMCO Strategic Income Fund
Liberty All-Star Growth Fund vs PIMCO Strategic Income Fund