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.
BlackRock Tactical Opportunities Inv A PCBAX
NAV / 1-Day Return
13.76
/
0.15
%
Total Assets
1.6 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.110%
Expense Ratio
1.110%
Fee Level
Low
Longest Manager Tenure
15.38
years
Category
Macro Trading
Alt Style Correlation / Relative Volatility
Low / LowMin. Initial Investment
1,000
Status
Open
TTM Yield
0.00%
Turnover
136%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PCBAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PCBAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PCBAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PCBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Combination of discretionary and systematic.
