BlackRock Tactical Opportunities K (PBAKX)
| Fund Assets | 3.62B |
| Expense Ratio | 0.63% |
| Min. Investment | $5,000,000 |
| Turnover | 108.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 17.47 |
| YTD Return | 9.91% |
| 1-Year Return | 12.17% |
| 5-Year Return | 44.59% |
| 52-Week Low | 15.57 |
| 52-Week High | 17.49 |
| Beta (5Y) | 0.12 |
| Holdings | 1442 |
| Inception Date | Aug 1, 2016 |
About PBAKX
BlackRock Tactical Opportunities Fund Class K is a macro trading mutual fund designed to seek total return through a diversified, tactical asset allocation approach. Managed by a team specializing in global tactical asset allocation, the fund utilizes a blend of systematic and discretionary investment processes, aiming to dynamically allocate among global equities, fixed income, derivatives, and cash equivalents. With a focus on both traditional and nontraditional data, the fund seeks to capture opportunities across various market environments while maintaining a conservative risk profile and avoiding concentrated bets. Its portfolio typically includes significant exposures to government securities, such as Euro Bund futures and U.S. Treasury bills, alongside select positions in major technology companies and currency derivatives. The fund is characterized by low correlation and volatility relative to traditional asset classes, making it a potential diversifier within broader portfolios. Managed under the BlackRock umbrella, it serves institutional and retirement-oriented investors seeking adaptable strategies for navigating complex market cycles.
Performance
PBAKX had a total return of 12.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.18%.
Top 10 Holdings
282.96% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offset | n/a | 169.55% |
| 10 Year Australian Treasury Bond Future June 26 | n/a | 40.05% |
| Ice: (Cdx.Na.Ig.46.V1) | n/a | 20.77% |
| Euro Bund Future June 26 | RXM6 | 10.83% |
| CASH COLLATERAL USD JPFFT | n/a | 8.61% |
| CAC 40 Index Future June 26 | CFM6 | 7.27% |
| Future on TOPIX | n/a | 7.01% |
| ICE: (CDX.NA.HY.46.V2) | n/a | 6.97% |
| Ftse 100 Index Jun 26 | Z.M6 | 6.03% |
| FSWP: CNY 1.646000 16-SEP-2031 CNR | n/a | 5.86% |