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BlackRock Tactical Opportunities Inv A PCBAX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
13.88  /  0.36 %
Total Assets
1.5 Bil
Adj. Expense Ratio
1.160%
Expense Ratio
1.160%
Fee Level
Low
Longest Manager Tenure
14.47 years
Category
Macro Trading
Alt Style Correlation / Relative Volatility
Low / Medium
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.41%
Turnover
167%

USD | NAV as of Jun 18, 2021 | 1-Day Return as of Jun 18, 2021, 9:58 PM GMT+00:00

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Morningstar’s Analysis

Will PCBAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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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

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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

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The Parent Pillar is our rating of PCBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This global macro fund is building an impressive track record.

Senior Analyst

Summary

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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.

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