# EDGAR Filing Document

**Accession Number:** 0001506289
**File Stem:** 0001410368-26-054498
**Filing Date:** 2026-5
**Character Count:** 33773
**Document Hash:** 1619a66c014b13cdc271c9a05ccb605f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-054498.hdr.sgml**: 20260528

**ACCESSION NUMBER**: 0001410368-26-054498

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260528

**DATE AS OF CHANGE**: 20260528

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Resources & Commodities Strategy Trust
- **CENTRAL INDEX KEY:** 0001506289

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22501
- **FILM NUMBER:** 261030904

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 1-800-882-0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Nport-Ex

March 31, 2026

2026 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**BlackRock Resources & Commodities Strategy Trust (BCX)**<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

March 31, 2026

**BlackRock Resources & Commodities Strategy Trust (BCX)** 

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Chemicals — 13.0%** | **Chemicals — 13.0%** |  |
| Air Liquide SA | 50078 | &nbsp;&nbsp; $10351048 |
| CF Industries Holdings, Inc. | 37015 | &nbsp;&nbsp; 4806028 |
| Corteva, Inc. | 452758 | &nbsp;&nbsp; 37900372 |
| Linde PLC | 31416 | &nbsp;&nbsp; 15574796 |
| Novonesis Novozymes B, Class B | 250629 | &nbsp;&nbsp; 14890157 |
| Nutrien Ltd. | 663223 | &nbsp;&nbsp; 50046807 |
|  |  | &nbsp;&nbsp; 133569208 |
| **Construction Materials — 3.1%** | **Construction Materials — 3.1%** |  |
| CRH PLC | 129393 | &nbsp;&nbsp; 13601792 |
| Martin Marietta Materials, Inc. | 30924 | &nbsp;&nbsp; 18204340 |
|  |  | &nbsp;&nbsp; 31806132 |
| **Containers & Packaging — 4.0%** | **Containers & Packaging — 4.0%** |  |
| Packaging Corp. of America<sup>(a)</sup> | 86377 | &nbsp;&nbsp; 18330927 |
| Smurfit WestRock PLC | 583921 | &nbsp;&nbsp; 23269252 |
|  |  | &nbsp;&nbsp; 41600179 |
| **Energy Equipment & Services — 2.6%** | **Energy Equipment & Services — 2.6%** |  |
| Subsea 7 SA | 384786 | &nbsp;&nbsp; 11920177 |
| TechnipFMC PLC | 215507 | &nbsp;&nbsp; 14897999 |
|  |  | &nbsp;&nbsp; 26818176 |
| **Food Products — 3.4%** | **Food Products — 3.4%** |  |
| Bunge Global SA | 225105 | &nbsp;&nbsp; 28633356 |
| &nbsp;&nbsp;&nbsp; Hofseth International, (Acquired 05/26/21, Cost: <br> $10,198,056)<sup>(b)(c)(d)</sup><br>| 18993283 | &nbsp;&nbsp; 6571128 |
|  |  | &nbsp;&nbsp; 35204484 |
| **Machinery — 1.3%** | **Machinery — 1.3%** |  |
| Deere & Co. | 24430 | &nbsp;&nbsp; 13761410 |
| **Metals & Mining — 33.4%** | **Metals & Mining — 33.4%** |  |
| Anglo American PLC | 797851 | &nbsp;&nbsp; 34256205 |
| Anglogold Ashanti PLC | 139278 | &nbsp;&nbsp; 13560106 |
| ArcelorMittal SA, ADR, Registered Shares<sup>(e)</sup> | 226168 | &nbsp;&nbsp; 11756213 |
| Barrick Mining Corp. | 840245 | &nbsp;&nbsp; 34273594 |
| Eldorado Gold Corp. | 310210 | &nbsp;&nbsp; 10649509 |
| Freeport-McMoRan, Inc. | 90286 | &nbsp;&nbsp; 5307011 |
| Glencore PLC | 6750900 | &nbsp;&nbsp; 51130462 |
| Newmont Corp. | 160272 | &nbsp;&nbsp; 17349444 |
| Norsk Hydro ASA | 1101692 | &nbsp;&nbsp; 11742269 |
| Polyus PJSC<sup>(b)(c)</sup> | 1047320 | &nbsp;&nbsp; 13 |
| Rio Tinto PLC | 223586 | &nbsp;&nbsp; 20742895 |
| Royal Gold, Inc. | 78888 | &nbsp;&nbsp; 20076207 |
| Vale SA, ADR | 2045654 | &nbsp;&nbsp; 32546355 |
| Valterra Platinum Ltd. | 96094 | &nbsp;&nbsp; 8077455 |
| Wheaton Precious Metals Corp. | 446141 | &nbsp;&nbsp; 58448932 |
| Zijin Mining Group Co. Ltd., Class H | 2984000 | &nbsp;&nbsp; 13423509 |
|  |  | &nbsp;&nbsp; 343340179 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Oil, Gas & Consumable Fuels — 35.7%** | **Oil, Gas & Consumable Fuels — 35.7%** |  |
| Cameco Corp. | 109016 | &nbsp;&nbsp; $11840228 |
| Chevron Corp.<sup>(a)</sup> | 310160 | &nbsp;&nbsp; 64172104 |
| ConocoPhillips | 183908 | &nbsp;&nbsp; 24275856 |
| Exxon Mobil Corp.<sup>(a)</sup> | 535994 | &nbsp;&nbsp; 90936742 |
| Gazprom PJSC<sup>(b)(c)</sup> | 5430000 | &nbsp;&nbsp; 668 |
| Permian Resources Corp., Class A | 486354 | &nbsp;&nbsp; 10369067 |
| Shell PLC, ADR<sup>(a)</sup> | 1011821 | &nbsp;&nbsp; 94099363 |
| Suncor Energy, Inc. | 661087 | &nbsp;&nbsp; 43725552 |
| Valero Energy Corp. | 68426 | &nbsp;&nbsp; 16906696 |
| Williams Cos., Inc. | 150868 | &nbsp;&nbsp; 10980173 |
|  |  | &nbsp;&nbsp; 367306449 |
| **Paper & Forest Products — 1.9%** | **Paper & Forest Products — 1.9%** |  |
| Mondi PLC | 792006 | &nbsp;&nbsp; 8954122 |
| Precious Woods Holding AG, Registered Shares<sup>(c)</sup> | 20000 | &nbsp;&nbsp; 118809 |
| UPM-Kymmene OYJ | 334240 | &nbsp;&nbsp; 10461628 |
|  |  | &nbsp;&nbsp; 19534559 |
| **Total Long-Term Investments — 98.4%** <br>**(Cost: $730,425,073)** | **Total Long-Term Investments — 98.4%** <br>**(Cost: $730,425,073)** | &nbsp;&nbsp; 1012940776 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.5%** | **Money Market Funds — 1.5%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 3.77%<sup>(f)(g)(h)</sup><br>| 3850512 | &nbsp;&nbsp; 3851282 |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, T-Fund, Institutional <br> Shares, 3.55%<sup>(f)(g)</sup><br>| 11571887 | &nbsp;&nbsp; 11571887 |
| **Total Short-Term Securities — 1.5%** <br>**(Cost: $15,423,169)** | **Total Short-Term Securities — 1.5%** <br>**(Cost: $15,423,169)** | &nbsp;&nbsp; 15423169 |
| **Total Investments — 99.9%** <br>**(Cost: $745,848,242)** | **Total Investments — 99.9%** <br>**(Cost: $745,848,242)** | &nbsp;&nbsp; 1028363945 |
| **Other Assets Less Liabilities — 0.1%** | **Other Assets Less Liabilities — 0.1%** | &nbsp;&nbsp; 1305459 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $1029669404 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written. 

<sup>(b)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

<sup>(c)</sup> Non-income producing security.

<sup>(d)</sup> Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value of $6,571,128, representing 0.6% of its net assets as of period end, and an original cost of $10,198,056. 

<sup>(e)</sup> All or a portion of this security is on loan.

<sup>(f)</sup> Affiliate of the Trust.

<sup>(g)</sup> Annualized 7-day yield as of period end.

<sup>(h)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities. 

For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Trust for compliance purposes.

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Resources & Commodities Strategy Trust (BCX)** 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Trust during the period ended March 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*12/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*03/31/26*<br>| *Shares* <br>*Held at* <br>*03/31/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares<br>| $19044 | $3833315 <br><sup>(a)</sup><br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(1077)<br>| $— | $3851282 | 3850512 | $2751 <br><sup>(b)</sup><br>| &nbsp;&nbsp; $— |
| &nbsp;&nbsp;&nbsp; BlackRock Liquidity Funds, T-Fund, Institutional <br> Shares<br>| 35543763 |  | &nbsp;&nbsp; (23971876 )<sup>(a)</sup><br>| &nbsp;&nbsp; — |  | 11571887 | 11571887 | 250286 | &nbsp;&nbsp; — |
|  |  |  |  | &nbsp;&nbsp; $(1077)<br>| $— | $15423169 |  | $253037 | &nbsp;&nbsp; $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

**Fair Value Hierarchy as of Period End**

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 – Unadjusted price quotations in active markets/exchanges that the Trust has the ability to access for identical assets or liabilities;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Trust's financial instruments categorized in the fair value hierarchy. The breakdown of the Trust's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chemicals | &nbsp;&nbsp; $108328003 | &nbsp;&nbsp;&nbsp;&nbsp; $25241205 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $133569208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Construction Materials | &nbsp;&nbsp; 31806132 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 31806132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Containers & Packaging | &nbsp;&nbsp; 41600179 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 41600179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy Equipment & Services | &nbsp;&nbsp; 14897999 | &nbsp;&nbsp;&nbsp;&nbsp; 11920177 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 26818176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Food Products | &nbsp;&nbsp; 28633356 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6571128 | &nbsp;&nbsp;&nbsp;&nbsp; 35204484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Machinery | &nbsp;&nbsp; 13761410 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 13761410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metals & Mining | &nbsp;&nbsp; 203967371 | &nbsp;&nbsp;&nbsp;&nbsp; 139372795 | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 343340179 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oil, Gas & Consumable Fuels | &nbsp;&nbsp; 367305781 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 668 | &nbsp;&nbsp;&nbsp;&nbsp; 367306449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Paper & Forest Products | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 19534559 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 19534559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 15423169 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 15423169 |
|  | &nbsp;&nbsp; $825723400 | &nbsp;&nbsp;&nbsp;&nbsp; $196068736 | &nbsp;&nbsp;&nbsp;&nbsp; $6571809 | &nbsp;&nbsp;&nbsp;&nbsp; $1028363945 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

March 31, 2026

**BlackRock Resources & Commodities Strategy Trust (BCX)** 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| ADR | American Depositary Receipt |
| PJSC | Public Joint Stock Company |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BlackRock Resources & Commodities Strategy Trust

- **b. Investment Company Act file number:** 811-22501

- **c. CIK number of Registrant:** 0001506289

- **d. LEI of Registrant:** 8DZAUY8151XS5PISSX42

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

**Item A.2. Information about the Series.**

- **a. Name of Series:** BlackRock Resources & Commodities Strategy Trust

- **c. LEI of Series:** 8DZAUY8151XS5PISSX42

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $1040082673.20

**Total Liabilities:** $10367228.94

**Net Assets:** $1029715444.26

**Amount of Assets Invested in Other Investment Companies:** $15749.17

**Cash Not Reported:** $556434.94

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 11.74%               | 9.38%                | -2.53%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $31720973.16             | $70365391.97                               |
| Month 2  | $27957849.73             | $61174614.27                               |
| Month 3  | $8155518.07              | $-37568457.43                              |

**Designated Index Information**

- **Index Name:** MSCI ACWI Select Liquidity Natural Resources Call Overwrite Index

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                          | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ArcelorMittal SA              | ArcelorMittal SA                                        | CUSIP: 03938L203<br>LEI: 2EULGUTUI56JI9SAL165 | Long             | EC               | CORP              | LU        |    226168 | NS      | $11756212.64  | 1.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Barrick Mining Corp           | Barrick Mining Corp                                     | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    840245 | NS      | $34273593.55  | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto PLC                 | Rio Tinto PLC                                           | CUSIP: 000000000<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |    223586 | NS      | $20742894.58  | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| CF Industries Holdings Inc    | CF Industries Holdings Inc                              | CUSIP: 125269100<br>LEI: 529900CG8YAQFZ2JMV97 | Long             | EC               | CORP              | US        |     37015 | NS      | $4806027.60   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                   | Cameco Corp                                             | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |    109016 | NS      | $11840227.76  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                  | Chevron Corp                                            | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    310160 | NS      | $64172104.00  | 6.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                | ConocoPhillips                                          | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    183908 | NS      | $24275856.00  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva Inc                   | Corteva Inc                                             | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    452758 | NS      | $37900372.18  | 3.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co                    | Deere & Co                                              | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |     24430 | NS      | $13761419.00  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Eldorado Gold Corp            | Eldorado Gold Corp                                      | CUSIP: 284902509<br>LEI: 5493004PWQ01YDD1IH62 | Long             | EC               | CORP              | CA        |    310210 | NS      | $10649509.30  | 1.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Exxon Mobil Corp              | Exxon Mobil Corp                                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    535994 | NS      | $90936742.04  | 8.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan Inc          | Freeport-McMoRan Inc                                    | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |     90286 | NS      | $5307011.08   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| UPM-Kymmene Oyj               | UPM-Kymmene Oyj                                         | CUSIP: 000000000<br>LEI: 213800EC6PW5VU4J9U64 | Long             | EC               | CORP              | FI        |    334240 | NS      | $10461628.08  | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Subsea 7 SA                   | Subsea 7 SA                                             | CUSIP: 000000000<br>LEI: 222100AIF0CBCY80AH62 | Long             | EC               | CORP              | LU        |    384786 | NS      | $11920176.61  | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Martin Marietta Materials Inc | Martin Marietta Materials Inc                           | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     30924 | NS      | $18204340.32  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp                  | Newmont Corp                                            | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    160272 | NS      | $17349444.00  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                   | Nutrien Ltd                                             | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |    663223 | NS      | $50046807.58  | 4.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Zijin Mining Group Co Ltd     | Zijin Mining Group Co Ltd                               | CUSIP: 000000000<br>LEI: 836800JRNL2393Z2I561 | Long             | EC               | CORP              | CN        |   2984000 | NS      | $13423508.70  | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Valterra Platinum Ltd         | Valterra Platinum Ltd                                   | CUSIP: 000000000<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |     96094 | NS      | $8077454.78   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Packaging Corp of America     | Packaging Corp of America                               | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     86377 | NS      | $18330926.94  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp        | Permian Resources Corp                                  | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    486354 | NS      | $10369067.28  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Precious Woods Holding AG     | Precious Woods Holding AG                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CH        |     20000 | NS      | $118809.40    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell PLC                     | Shell PLC                                               | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |   1011821 | NS      | $94099353.00  | 9.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Gold Inc                | Royal Gold Inc                                          | CUSIP: 780287108<br>LEI: 5493001NGRU6SFL04184 | Long             | EC               | CORP              | US        |     78888 | NS      | $20076207.12  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc             | Suncor Energy Inc                                       | CUSIP: 867224107<br>LEI: 894500XO86FKXQGPYV71 | Long             | EC               | CORP              | CA        |    661087 | NS      | $43725551.63  | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                       | Vale SA                                                 | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |   2045654 | NS      | $32546355.14  | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp            | Valero Energy Corp                                      | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     68426 | NS      | $16906696.08  | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Liquidity Funds     | BlackRock Liquidity Funds: T-Fund, Institutional Shares | CUSIP: 09248U718<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  11571887 | NS      | $11571887.01  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hofseth International         | Hofseth International                                   | CUSIP: 000000000<br>LEI: 5493001BCHQUL6XDMB02 | Long             | EC               | CORP              | NO        |  18993283 | NS      | $6571120.02   | 0.64%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Wheaton Precious Metals Corp  | Wheaton Precious Metals Corp                            | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    446141 | NS      | $58448932.41  | 5.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III           | BlackRock Cash Funds: Institutional, SL Agency Shares   | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   4015949 | NS      | $4016752.38   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The          | Williams Cos Inc/The                                    | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    150868 | NS      | $10980173.04  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LBHI GUARANTEE CLAIM USD      | LBHI GUARANTEE CLAIM USD LBHI GUAR TCL USD              | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    443238 | PA      | $4.43         | 0.00%             | N/A             | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| LEHMAN DEFAULT CLAIM TRACKER  | LEHMAN DEFAULT CLAIM TRACKER COMMON STOCK               | CUSIP: 000000000<br>LEI: 549300FDK6ZP3YIHRJ47 | Long             | LON              | CORP              | US        |    443238 | PA      | $4.43         | 0.00%             | N/A             | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| Anglo American PLC            | Anglo American PLC                                      | CUSIP: 000000000<br>LEI: 549300S9XF92D1X8ME43 | Long             | EC               | CORP              | GB        |    797851 | NS      | $34256205.24  | 3.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Norsk Hydro ASA               | Norsk Hydro ASA                                         | CUSIP: 000000000<br>LEI: 549300N1SDN71ZZ8BO45 | Long             | EC               | CORP              | NO        |   1101692 | NS      | $11742268.74  | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Air Liquide SA                | Air Liquide SA                                          | CUSIP: 000000000<br>LEI: 969500MMPQVHK671GT54 | Long             | EC               | CORP              | FR        |     50078 | NS      | $10351047.59  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore PLC                  | Glencore PLC                                            | CUSIP: 000000000<br>LEI: 2138002658CPO9NBH955 | Long             | EC               | CORP              | JE        |   6750900 | NS      | $51130462.28  | 4.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Polyus PJSC                   | Polyus PJSC                                             | CUSIP: 000000000<br>LEI: 549300FUXVT7TF6ZKV71 | Long             | EC               | CORP              | RU        |   1047320 | NS      | $12.88        | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Gazprom PJSC                  | Gazprom PJSC                                            | CUSIP: 000000000<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |   5430000 | NS      | $667.90       | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Novonesis Novozymes B         | Novonesis Novozymes B                                   | CUSIP: 000000000<br>LEI: 529900T6WNZXD2R3JW38 | Long             | EC               | CORP              | DK        |    250629 | NS      | $14890157.23  | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Mondi PLC                     | Mondi PLC                                               | CUSIP: 000000000<br>LEI: 213800LOZA69QFDC9N34 | Long             | EC               | CORP              | GB        |    792006 | NS      | $8954121.51   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglogold Ashanti Plc         | Anglogold Ashanti Plc                                   | CUSIP: 000000000<br>LEI: 2138005YDSA7A82RNU96 | Long             | EC               | CORP              | GB        |    139278 | NS      | $13560106.08  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CRH PLC                       | CRH PLC                                                 | CUSIP: 000000000<br>LEI: 549300MIDJNNTH068E74 | Long             | EC               | CORP              | IE        |    129393 | NS      | $13601792.16  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde PLC                     | Linde PLC                                               | CUSIP: 000000000<br>LEI: 5299003QR1WT0EF88V51 | Long             | EC               | CORP              | IE        |     31416 | NS      | $15574796.16  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Smurfit Westrock PLC          | Smurfit Westrock PLC                                    | CUSIP: 000000000<br>LEI: 635400EGSEOPDW2EXS14 | Long             | EC               | CORP              | IE        |    715229 | NS      | $28501875.65  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC PLC                | TechnipFMC PLC                                          | CUSIP: 000000000<br>LEI: 549300D5I93QWCJTCK36 | Long             | EC               | CORP              | GB        |    215507 | NS      | $14897998.91  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA               | Bunge Global SA                                         | CUSIP: 000000000<br>LEI: 254900IVXSV9K0B7PO26 | Long             | EC               | CORP              | CH        |    225105 | NS      | $28633356.00  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** BlackRock Resources & Commodities Strategy Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer