About BCSAX
The BlackRock Commodity Strategies Fund Investor A Shares is an actively managed mutual fund designed to provide balanced and diversified exposure to global commodities markets. The fund employs a dual-strategy approach, typically allocating about half of its assets to commodity-linked derivatives, which offer direct price exposure to commodities themselves, and the other half to equity investments in companies engaged in commodity-related industries such as mining, energy, agriculture, and materials. This comprehensive methodology aims to capture opportunities across the entire commodities value chain, utilizing both futures contracts and investments in businesses driving or affected by commodity trends.
Notable features of the fund include holdings in both physical commodity sectors and corporations with significant commodity exposure. Top portfolio allocations often include U.S. Treasury bills for liquidity and risk management, as well as shares in major resource companies like Exxon Mobil, Nutrien, and Corteva. This structure is intended to deliver total return by seeking both capital appreciation and income, supported by a team of experts in commodity markets, derivatives, and related industries. The fund plays a key role for investors seeking diversified access to commodities as an asset class within a broader portfolio.
Fund Family BlackRock
Category Commodities Broad Basket
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol BCSAX
Index Bloomberg Commodity TR
BCSAX had a total return of 28.95% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.45%.
