BlackRock Commodity Strategies Portfolio (BCSKX)
| Fund Assets | 621.85M |
| Expense Ratio | 0.67% |
| Min. Investment | $5,000,000 |
| Turnover | 53.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.20% |
| Dividend Growth | -61.01% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 9.48 |
| YTD Return | 14.08% |
| 1-Year Return | 10.45% |
| 5-Year Return | 85.12% |
| 52-Week Low | 8.16 |
| 52-Week High | 9.52 |
| Beta (5Y) | n/a |
| Holdings | 198 |
| Inception Date | Jan 25, 2018 |
About BCSKX
The BlackRock Commodity Strategies Fund Class K is an actively managed mutual fund designed to provide diversified exposure to the global commodity markets. Its primary objective is capital appreciation by investing across the commodity value chain, utilizing both commodity-linked derivatives and equities of companies involved in sectors such as energy, basic materials, and natural resources. The fund’s portfolio reflects significant allocations to U.S. Treasury bills for liquidity and risk management, as well as holdings in major energy firms like Exxon Mobil and Shell, and precious metals producers such as Agnico Eagle Mines and Wheaton Precious Metals. Managed by a team with deep sector expertise, the fund aims to optimize commodity weightings and capture opportunities through active portfolio construction and enhanced index techniques. Classified in the commodities broad basket category, it is often used by investors seeking broad, balanced exposure to commodities as an inflation hedge or portfolio diversifier. The fund’s relatively low net expense ratio enhances its appeal among similar offerings, and it is aimed toward institutional or retirement plan investors seeking a comprehensive commodity allocation.
Performance
BCSKX had a total return of 10.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.00%.
Top 10 Holdings
68.40% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Bills | B.0 08.28.25 | 48.50% |
| Nutrien Ltd. | NTR | 4.43% |
| Corteva, Inc. | CTVA | 3.48% |
| Exxon Mobil Corporation | XOM | 2.45% |
| Smurfit Westrock Plc | SW | 2.10% |
| USD CASH(Alpha Committed) | n/a | 1.64% |
| Packaging Corporation of America | PKG | 1.60% |
| Agnico Eagle Mines Limited | AEM | 1.58% |
| Graphic Packaging Holding Company | GPK | 1.31% |
| Shell plc | SHEL | 1.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.17474 | Dec 16, 2024 |
| Jul 18, 2024 | $0.12895 | Jul 19, 2024 |
| Dec 7, 2023 | $0.19531 | Dec 8, 2023 |
| Jul 20, 2023 | $0.58353 | Jul 21, 2023 |
| Dec 8, 2022 | $0.15838 | Dec 9, 2022 |
| Jul 14, 2022 | $0.69873 | Jul 15, 2022 |