BlackRock Commodity Strategies Portfolio Investor A Shares (BCSAX)

Fund Assets	1.43B
Expense Ratio	1.00%
Min. Investment	$1,000
Turnover	88.00%
Dividend (ttm)	1.54
Dividend Yield	13.52%
Dividend Growth	409.48%
Payout Frequency	Semi-Annual
Ex-Dividend Date	Jul 22, 2026

Previous Close	11.43
YTD Return	26.06%
1-Year Return	33.17%
5-Year Return	73.10%
52-Week Low	9.63
52-Week High	12.67
Beta (5Y)	0.76
Holdings	174
Inception Date	Oct 3, 2011

About BCSAX

The fund's management employs a two-part investment methodology, normally dedicating approximately half of its total capital to each distinct approach. One strategy centers on acquiring financial instruments whose value is tied to commodities, specifically derivatives. To meet the necessary collateral and coverage requirements for these derivative holdings, and to deploy any uninvested cash, the portfolio maintains a portion of its assets in high-grade, short-duration fixed-income securities. The second primary strategy involves direct equity investments in corporations operating within the commodity sector. This encompasses, but is not restricted to, companies engaged in industries such as mining, energy production, and agriculture.

• Fund Family: BlackRock
• Category: Commodities Broad Basket
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: BCSAX
• Index: Bloomberg Commodity TR

Performance

BCSAX had a total return of 33.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.25%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FCSSX	Fidelity	Fidelity Series Commodity Strategy Fund	n/a
FIFGX	Fidelity	Fidelity SAI Inflation-Focused Fund	0.28%
FYHTX	Fidelity	Fidelity Commodity Strategy Fund	0.62%

Top 10 Holdings

98.60% of assets

Name	Symbol	Weight
United States Treasury Bills	B.0 10.29.26	48.25%
TRSWAP: BCOMRENT INDEX	n/a	16.52%
TRSWAP: BCOMRAGT INDEX	n/a	7.39%
TRSWAP: BCOMRINT INDEX	n/a	4.89%
TRSWAP: BCOMRENT INDEX	n/a	4.54%
TRSWAP: BCOMRPRT INDEX	n/a	3.92%
ExxonMobil Holdings Corporation	XOM	3.66%
TRSWAP: BCOMRAGT INDEX	n/a	3.34%
Nutrien Ltd.	NTR	3.19%
TRSWAP: BCOMRPRT INDEX	n/a	2.91%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 22, 2026	$1.38716	Jul 23, 2026
Dec 11, 2025	$0.15416	Dec 12, 2025
Jul 17, 2025	$0.14359	Jul 18, 2025
Dec 13, 2024	$0.15894	Dec 16, 2024
Jul 18, 2024	$0.11789	Jul 19, 2024
Dec 7, 2023	$0.17939	Dec 8, 2023

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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