BlackRock Tactical Opportunities has delivered on its goals to deliver positive returns with a low correlation to global stocks and bonds, but a complex and evolving process warrants caution. It earns a Morningstar Analyst Rating of Neutral for all share classes but the most expensive, which is rated Negative under our enhanced ratings methodology.
Will PCBSX 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 PCBSX’s performance objective and investment process is for both security selection and portfolio construction.
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.
The Parent Pillar is our rating of PCBSX’s parent organization’s priorities and whether they’re in line with investors’ interests.