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BlackRock Tactical Opportunities Instl PBAIX

Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 14.21  /  −0.21 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    0.850%
  • 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.

Combination of discretionary and systematic.

Director Simon Scott

Simon Scott

Director

Summary

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.

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Portfolio Holdings PBAIX

  • 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