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.
- NAV / 1-Day Return 14.43 / 0.42 %
- Total Assets 1.5 Bil
-
Adj. Expense Ratio
1.060%
- Expense Ratio 1.050%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Macro Trading
- Alt Style Correlation / Relative Volatility Low / Low
- Min. Initial Investment 5,000
- Status Open
- TTM Yield 0.00
- Turnover 110%
Morningstar’s Analysis PCBSX
Will PCBSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date Mar 31, 2023
- Equity Holdings 819
- Bond Holdings 51
- Other Holdings 515
- % Assets in Top 10 Holdings −27.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Us 10Yr Note Jun 23
38.77
563,346,000
Government
Cash Offset
38.69
562,125,334
—
BlackRock Liquidity T-Fund Instl
7.56
109,918,278
Cash and Equivalents
Us 10Yr Note Jun 23
4.53
65,815,750
Government
CASH COLLATERAL USD JPFFT
4.37
63,521,000
Cash and Equivalents
United States Treasury Bills
3.10
45,041,796
Government
10 Year Australian Treasury Bond Future June 23
2.78
40,410,866
Government
EUR/USD Purchased
2.23
32,384,744
Derivative