Morningstar

BlackRock Tactical Opportunities Instl PBAIX

Morningstar Medalist Rating
Medalist Rating as of | See BlackRock Investment Hub
  • NAV / 1-Day Return 14.24  /  −0.28 %
  • Total Assets 2.1 Bil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.820%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Macro Trading
  • Alt Style Correlation / Relative Volatility Negative/Medium
  • Min. Initial Investment 2.0 Mil
  • Status Open
  • TTM Yield 6.16%
  • Turnover 146%

USD | NAV as of Oct 07, 2024 | 1-Day Return as of Oct 07, 2024, 10:49 PM GMT+0

Morningstar’s Analysis PBAIX

Will PBAIX 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 PBAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PBAIX 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 PBAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Traditional and nontraditional data combine for a unique offering.

Director Simon Scott

Simon Scott

Director

Summary

A blend of two uncorrelated processes, BlackRock Tactical Opportunities provides a compelling approach to macro investing. Its conservative approach, avoiding large singular bets, delivers consistent additivity to portfolios.

by Simon Scott
Rated on Published on

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Portfolio Holdings PBAIX

More PBAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings −24.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Euro Bund Future Sept 24

32.59 650.4 Mil
Government

Euro Bund Future Dec 24

28.53 569.2 Mil
Government

Cash Offset

26.07 520.3 Mil
—

CASH COLLATERAL USD JPFFT

13.35 266.4 Mil
Cash and Equivalents

AUD/USD Purchased

7.86 156.8 Mil
Derivative

EUR/USD Purchased

5.34 106.6 Mil
Derivative

BlackRock Liquidity T-Fund Instl

4.77 95.2 Mil
Cash and Equivalents

United States Treasury Bills

3.78 75.4 Mil
Government

10 Year Australian Treasury Bond Future Sept 24

3.59 71.7 Mil
Government

Apple Inc

3.50 69.8 Mil
Technology

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