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 Morningstar Category. It receives an upgrade to earn a Morningstar Analyst Rating of Bronze for all share classes but the most expensive, which is rated Neutral.
BlackRock Tactical Opportunities Inv A PCBAX
NAV / 1-Day Return
13.99
/
0.36
%
Total Assets
1.7 Bil
Adj. Expense Ratio
1.070%
Expense Ratio
1.070%
Fee Level
Low
Longest Manager Tenure
15.74
years
Category
Macro Trading
Alt Style Correlation / Relative Volatility
Low / LowMin. Initial Investment
1,000
Status
Open
TTM Yield
0.00%
Turnover
110%
Morningstar’s Fund Analysis PCBAX
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.
