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Morningstar

BlackRock Tactical Opportunities Service PCBSX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 14.10  /  −0.14 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    1.120%
  • Expense Ratio 1.120%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Macro Trading
  • Alt Style Correlation / Relative Volatility Negative/Medium
  • Min. Initial Investment 5,000
  • Status Open
  • TTM Yield 10.94%
  • Turnover 172%

USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0

Morningstar’s Analysis PCBSX

Will PCBSX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PCBSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PCBSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PCBSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Traditional and nontraditional data combine for a unique offering.

Director Simon Scott

Simon Scott

Director

Summary

A blend of two uncorrelated processes, BlackRock Tactical Opportunities provides a compelling approach to macro investing. Its conservative approach, avoiding large singular bets, delivers consistent additivity to portfolios.

by Simon Scott
Rated on Published on

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Portfolio Holdings PCBSX

More PCBSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −51.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash Offset

59.55 1.0 Bil
—

Long Gilt Jun 24

28.48 487.4 Mil
Government

CASH COLLATERAL USD JPFFT

9.22 157.7 Mil
Cash and Equivalents

BlackRock Liquidity T-Fund Instl

8.66 148.2 Mil
Cash and Equivalents

AUD/USD Purchased

8.02 137.3 Mil
Derivative

EUR/USD Purchased

5.34 91.4 Mil
Derivative

United States Treasury Bills

4.56 78.0 Mil
Government

United States Treasury Bills

4.52 77.4 Mil
Government

CASH COLLATERAL USD XCITI

3.96 67.8 Mil
Cash and Equivalents

Microsoft Corp

3.61 61.8 Mil
Technology