Wells Fargo & Company filed an amended ownership report showing a significant position in BlackRock Resources & Commdty. Wells Fargo reports beneficial ownership of 3,913,997 common shares of beneficial interest, representing 5.1% of this class of securities.
Wells Fargo has no sole or shared voting power over these shares but holds sole dispositive power over all 3,913,997 shares and no shared dispositive power. The filing is made by Wells Fargo & Company on its own behalf and on behalf of subsidiaries Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC, each described as a broker or dealer registered under section 15 of the Exchange Act.
Positive
None.
Negative
None.
Key Figures
Shares beneficially owned:3,913,997 sharesPercent of class owned:5.1%Sole voting power:0 shares+3 more
6 metrics
Shares beneficially owned3,913,997 sharesCommon shares of beneficial interest reported as beneficially owned by Wells Fargo & Company
Percent of class owned5.1%Percentage of BlackRock Resources & Commdty common shares of beneficial interest
Sole voting power0 sharesShares over which Wells Fargo has sole power to vote or direct the vote
Shared voting power0 sharesShares over which Wells Fargo has shared power to vote or direct the vote
Sole dispositive power3,913,997 sharesShares over which Wells Fargo has sole power to dispose or direct disposition
Filing amendment numberAmendment No. 18Amendment number of the ownership report relating to BCX
Key Terms
beneficially owned, Sole Dispositive Power, Percent of class, Broker or dealer registered under section 15 of the Act
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Dispositive Powerfinancial
"Sole Dispositive Power 3,913,997.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Percent of classfinancial
"Percent of class: 5.1 %"
Percent of class is the portion of a specific category of securities—such as a company’s common shares, preferred shares, or a bond series—that takes part in or approves a corporate action (vote, consent, tender, etc.). Investors watch this number because it reveals how much support or opposition exists within that particular shareholder group; like counting how many members of a club back a proposal, it can determine whether a plan passes or how influence is distributed.
Broker or dealer registered under section 15 of the Actregulatory
"a Broker or dealer registered under section 15 of the Act"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What stake does Wells Fargo report in BlackRock Resources & Commdty (BCX)?
Wells Fargo reports beneficial ownership of 3,913,997 common shares of BlackRock Resources & Commdty, representing 5.1% of the outstanding class of common shares of beneficial interest.
Does Wells Fargo have voting power over its BCX shares?
The filing states Wells Fargo has no sole or shared voting power over its BCX shares. It reports 0 shares with sole voting power and 0 shares with shared voting power.
What dispositive power does Wells Fargo report over BCX shares?
Wells Fargo reports sole dispositive power over 3,913,997 shares and no shared dispositive power. This means it can direct the disposition of all reported shares without sharing that authority.
Which Wells Fargo entities are associated with the BCX position?
The position is reported by Wells Fargo & Company and associated with subsidiaries Wells Fargo Advisors Financial Network, LLC and Wells Fargo Clearing Services, LLC, each described as a broker or dealer registered under section 15 of the Exchange Act.
Are other parties entitled to dividends or sale proceeds from Wells Fargo’s BCX shares?
The filing indicates no other person is known to have rights to receive dividends or sale proceeds from these securities that would require identification, stating Item 6 as Not applicable.
Is Wells Fargo reporting membership in a group for its BCX holdings (BCX)?
No. The disclosure under Item 8, which covers identification and classification of members of a group, is marked Not applicable, indicating no such group is being reported.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 18)
BlackRock Resources & Commdty
(Name of Issuer)
Common Shares of Beneficial Interest
(Title of Class of Securities)
09257A108
(CUSIP Number)
06/30/2026
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
09257A108
1
Names of Reporting Persons
Wells Fargo & Company
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
DELAWARE
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
0.00
7
Sole Dispositive Power
3,913,997.00
8
Shared Dispositive Power
0.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
3,913,997.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
5.1 %
12
Type of Reporting Person (See Instructions)
HC
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
BlackRock Resources & Commdty
(b)
Address of issuer's principal executive offices:
100 BELLEVUE PARKWAY,WILMINGTON,DE,19809
Item 2.
(a)
Name of person filing:
Wells Fargo & Company
(b)
Address or principal business office or, if none, residence:
333 Market Street, San Francisco, CA 94105
(c)
Citizenship:
DE
(d)
Title of class of securities:
Common Shares of Beneficial Interest
(e)
CUSIP No.:
09257A108
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
3,913,997
(b)
Percent of class:
5.1 %
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
0
(ii) Shared power to vote or to direct the vote:
0
(iii) Sole power to dispose or to direct the disposition of:
3,913,997
(iv) Shared power to dispose or to direct the disposition of:
0
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
Not applicable
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
This Schedule 13G is filed by Wells Fargo & Company on its own and on behalf of its subsidiary Wells Fargo Advisors Financial Network, LLC a Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c); Wells Fargo Clearing Services, LLC a Broker or dealer registered under section 15 of the Act (15 U.S.C. 78c).
Item 8.
Identification and Classification of Members of the Group.
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
Not applicable
Item 9.
Notice of Dissolution of Group.
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
Not applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
