BlackRock Tactical Opportunities fosters a unique approach and a sound investment philosophy, but the strategy’s complexity gives us pause. It continues to earn a Morningstar Analyst Rating of Neutral for all share classes but the most expensive, which is rated Negative.
Will PBAIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PBAIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PBAIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PBAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.