Blackrock Resources & Commodities Strategy Trust Announces Changes to the Portfolio Management Team
February 26, 2013 at 04:28 pm
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BlackRock Advisors, LLC announced changes to the portfolio management team of Blackrock Resources & Commodities Strategy Trust. Portfolio Management Team consists of Christopher Accettella, Richard Davis, Joshua Freedman, Thomas Holl and Kyle McClements. Christopher M. Accettella, Director, is a member of the Fundamental Equity platform. He is a trader responsible for executing equity derivatives and options trades. Prior to joining BlackRock in 2005, Mr. Accettella was an institutional sales trader with American Technology Research. Richard Davis, Managing Director and portfolio manager, is a member of the Natural Resources Equity team within BlackRock's EMEA Fundamental Equity division of BlackRock's Alpha Strategies Group. He is co-manager of the BGF World Agriculture Fund and the BlackRock Agriculture Fund. He is also responsible for managing the gold and mining funds, including the BlackRock Gold Metal Open Fund, co-manager on the BlackRock Natural Resources Hedge Fund and is responsible for the team's income products. Mr. Davis' service with the firm dates back to 1994, including his years with Mercury Asset Management and Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Joshua Freedman, Vice President and portfolio manager, is a member of the Natural Resources team within the Fundamental Equity division of BlackRock's Alpha Strategies Group. He is responsible for covering the energy and new energy sectors. Mr. Freedman's service with the firm dates back to 2006, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Prior to joining the team, he worked on MLIM's Emerging Europe team. Mr. Freedman began his career with MLIM. Thomas Holl, Vice President and portfolio manager, is a member of the Natural Resources team within the Fundamental Equity division of BlackRock's Alpha Strategies Group. He is responsible for covering the mining and gold sectors. Mr. Holl moved to his current role in 2008. His service with the firm dates back to 2006, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Holl was a member of the Global Equity team and the Real Estate team as a member of the graduate training program.
Kyle G. McClements, CFA, Managing Director, is a member of the Fundamental Equity platform. He is a senior trader responsible for executing equity derivatives and options trades. Mr. McClements' service with the firm dates back to 2004, including his years with State Street Research & Management (SSRM), which merged with BlackRock in 2005.
BlackRock Resources & Commodities Strategy Trust is a non-diversified, closed-end management investment company. The Trustâs primary investment objective is to seek high current income and current gains, with a secondary objective of capital appreciation. The Trust seeks to achieve its objectives by investing approximately 80% of its total assets in equity securities issued by commodity or natural resources companies, derivatives with exposure to commodity or natural resources companies or investments in securities and derivatives linked to the underlying price movement of commodities or natural resources. The Trust also invests up to 20% of its total assets in debt securities issued by companies in the commodities and natural resources sector or any type of securities issued by companies that are not in the commodities and natural resources sector. It invests in oil, gas and consumable fuels, metals and mining, and food products. Its investment adviser is BlackRock Advisors, LLC.
BLACKROCK RESOURCES & COMMODITIES STRATEGY TRUST 
