The BlackRock Resources & Commodities Strategy Trust (NYSE: BCX ) is an equity fund designed to provide investors with current income and capital gains by investing in natural resources producers. The strategy pays out an annualized distribution rate of $0.84/share, yielding 8.50% on a forwardMonte Independent Investment Research: Michael Del Monte is a buy-side equity analyst with over 5 years of industry experience. Prior to working in the investment management industry, Michael spent over a decade in pro ...

Investment Rating - The report indicates a positive investment sentiment towards global equity and fixed income funds, with significant inflows observed in the latest reporting period [4][10]. Core Insights - Global fund flows into equity funds saw a substantial increase, with net inflows of $45 billion for the week ending June 18, compared to outflows of $10 billion in the previous week. This surge was primarily driven by strong demand from US investors for US equity funds [4][10]. - Fixed income funds also experienced increased inflows, totaling $19 billion, attributed to heightened demand for aggregate-type, mortgage-backed, and government bond funds. In contrast, money market fund assets declined by $12 billion [4][10]. - Emerging markets showed positive trends, particularly with mainland China funds turning positive and Brazil continuing to attract robust inflows. Sector-wise, technology funds recorded the strongest net inflows, while financials faced the largest outflows [4][10]. Summary by Category Equity Flows - Total equity inflows amounted to $31.3 billion over the four-week period, with a significant weekly inflow of $45.4 billion on June 18. Developed markets, particularly the US, saw notable inflows, while Japan experienced outflows [10][12]. - Technology sector funds led the inflows, while financials and healthcare sectors faced significant outflows [10][12]. Fixed Income Flows - Total fixed income inflows reached $70.8 billion, with a weekly inflow of $19.2 billion. Aggregate-type and mortgage-backed funds were particularly favored, while long-duration bond funds saw outflows [10][12]. - Emerging market local bond funds attracted strong inflows, indicating a positive sentiment towards these assets [10][12]. FX Flows - Cross-border FX flows totaled $58.2 billion, with G10 currencies showing strong demand, particularly for the Korean won, which saw the largest net inflows in z-score terms [12][13]. - The report highlights subdued inflows for the US dollar, contrasting with robust inflows for other currencies like the euro and British pound [12][13].