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Morningstar

BlackRock Tactical Opportunities Inv A PCBAX

Morningstar Analyst Rating
Analyst rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 13.80  /  0.36 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    1.080%
  • Expense Ratio 1.070%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Macro Trading
  • Alt Style Correlation / Relative Volatility Low / Low
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 0.00
  • Turnover 110%

USD | NAV as of Feb 03, 2023 | 1-Day Return as of Feb 03, 2023, 11:15 PM GMT+00:00

Morningstar’s 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.

Director

Summary

| by Simon Scott

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.

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