BlackRock Energy and Resources Trust (the Trust) is a non-diversified, closed-end management investment company. The Trust�s investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation. The Trust seeks to achieve its investment objective by investing, under normal market conditions, at least 80% of its total assets in equity securities of energy and natural resources companies and equity derivatives with exposure to the energy and natural resources industry. The Trust may invest directly in such securities or synthetically through the use of derivatives. The Trust utilizes an option writing (selling) strategy to enhance dividend yield. The Trust�s investment advisor is BlackRock Advisors, LLC.