BlackRock Tactical Opportunities offers a compelling approach to macro investing, where a lot of moving parts come together to form a conservative offering that avoids the big singular bets seen in the macro trading Morningstar Category. It receives a Morningstar Analyst Rating of Bronze for all share classes but the most expensive, which is rated Neutral.
BlackRock Tactical Opportunities Instl PBAIX
- NAV / 1-Day Return 14.21 / −0.21 %
- Total Assets 1.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.850%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Macro Trading
- Alt Style Correlation / Relative Volatility Negative/Medium
- Min. Initial Investment 2.0 Mil
- Status Open
- TTM Yield 11.18%
- Turnover 172%
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:19 PM GMT+0
Morningstar’s Analysis PBAIX
Will PBAIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings −58.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash Offset | 61.86 | 966.1 Mil | — |
Long Gilt Jun 24 | 27.01 | 421.9 Mil | Government |
CASH COLLATERAL USD JPFFT | 12.40 | 193.6 Mil | Cash and Equivalents |
BlackRock Liquidity T-Fund Instl | 7.81 | 121.9 Mil | Cash and Equivalents |
United States Treasury Bills | 4.97 | 77.6 Mil | Government |
EUR/USD Purchased | 4.47 | 69.8 Mil | Derivative |
Microsoft Corp | 3.90 | 60.9 Mil | Technology |
Apple Inc | 3.06 | 47.8 Mil | Technology |
CASH COLLATERAL USD XCITI | 2.82 | 44.1 Mil | Cash and Equivalents |
United States Treasury Bills | 2.71 | 42.3 Mil | Government |