BlackRock Energy and Resources Income Trust (BERI) is already bouncing back from a challenging first half of FY25 (to 31 May), with NAV and share price total returns of c 19% in H225 to date. Portfolio managers Tom Holl (a mining expert) and Mark Hume (an energy specialist) have taken advantage of share price weakness in the energy transition space (largely sparked by fears over the anti-environmentalist agenda of the new US administration) to move to an overweight position in the segment for the first time since the trust's remit was broadened in 2020.
