BlackRock Commodity Strategies Portfolio Institutional Shares (BICSX)
| Fund Assets | 621.85M |
| Expense Ratio | 0.72% |
| Min. Investment | $2,000,000 |
| Turnover | 53.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.52% |
| Dividend Growth | 1.87% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Jul 17, 2025 |
| Previous Close | 9.22 |
| YTD Return | 11.19% |
| 1-Year Return | 7.97% |
| 5-Year Return | 77.18% |
| 52-Week Low | 8.16 |
| 52-Week High | 9.51 |
| Beta (5Y) | 0.40 |
| Holdings | 198 |
| Inception Date | Oct 3, 2011 |
About BICSX
BlackRock Commodity Strategies Portfolio Institutional Shares is a mutual fund designed to deliver total return by utilizing a diversified approach to commodity investing. The fund employs a dual-strategy model: approximately half of its assets are allocated to commodity-linked derivatives, while the other half is invested in equities of companies involved in the commodity sector, such as energy, mining, and materials firms. Notable holdings include United States Treasury securities, major energy corporations like Exxon Mobil and Shell, as well as leading precious metals miners such as Agnico Eagle Mines and Barrick Gold. This structure provides investors with exposure not only to direct commodity price movements but also to the broader economic activity surrounding commodity production and distribution. BlackRock Commodity Strategies Portfolio Institutional Shares serves as a potential hedge against inflation and offers broad diversification across geographic regions and commodity types, making it a significant option for institutional investors seeking to integrate commodity strategies into their portfolios while maintaining a competitive expense ratio within its peer group.
Performance
BICSX had a total return of 7.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.95%.
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 |
|---|---|---|
| Jul 17, 2025 | $0.15322 | Jul 18, 2025 |
| Dec 13, 2024 | $0.17209 | Dec 16, 2024 |
| Jul 18, 2024 | $0.12703 | Jul 19, 2024 |
| Dec 7, 2023 | $0.1923 | Dec 8, 2023 |
| Jul 20, 2023 | $0.5811 | Jul 21, 2023 |
| Dec 8, 2022 | $0.15505 | Dec 9, 2022 |