Some process tweaks over the last few years and a team with wide experience across most of the natural resources spectrum contribute to BlackRock Natural Resources’ Morningstar Analyst Rating being upgraded to Neutral from Negative for all its share classes.
Morningstar’s Fund Analysis MAGRX
Will MAGRX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MAGRX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MAGRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MAGRX’s parent organization’s priorities and whether they’re in line with investors’ interests.