BlackRock Tactical Opportunities Fund Service Shares (PCBSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
15.80
+0.01 (0.06%)
At close: Feb 10, 2026
Fund Assets3.62B
Expense Ratio1.09%
Min. Investment$5,000
Turnover108.00%
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close15.79
YTD Return1.54%
1-Year Return5.62%
5-Year Return31.12%
52-Week Low14.10
52-Week High15.84
Beta (5Y)n/a
Holdings1294
Inception DateJan 28, 2005

About PCBSX

BlackRock Tactical Opportunities Fund Service Shares is a mutual fund designed to offer investors diversified exposure to a wide array of global asset classes using a macro investment strategy. Its primary purpose is to deliver growth with low correlation to traditional equity and bond markets, making it a compelling portfolio diversifier. The fund employs both discretionary and systematic techniques, seeking to tactically allocate assets across equities, fixed income, currencies, and derivatives. It notably makes use of long and short positions to navigate various market environments and capitalize on macroeconomic trends. Key features include a flexible, top-down investment approach and a focus on risk-managed, stable returns. The fund’s holdings are spread across prominent global companies, government securities, cash instruments, and currency futures, reflecting its multi-asset mandate. It is managed by BlackRock’s experienced investment team and is tailored for institutions and clients seeking an alternative to traditional investment strategies. The fund’s macro trading orientation, combined with its tactical asset allocation model, aims to generate consistent performance regardless of prevailing market cycles.

Fund Family BlackRock
Category Macro Trading
Performance Rating High
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PCBSX
Share Class Service
Index Bloomberg U.S. Treasury 1-3 Y TR

Performance

PCBSX had a total return of 5.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.85%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
PBAIXInstitutional0.82%
PCBAXInvestor A1.09%
BRBCXInvestor C1.80%

Top 10 Holdings

264.17% of assets
NameSymbolWeight
Cash Offsetn/a198.65%
CASH COLLATERAL USD JPFFTn/a8.47%
EUR/USD Purchasedn/a7.78%
FSWP: OIS 5.741000 18-MAR-2031 INR Receiven/a7.58%
United States Treasury BillsB.0 02.17.267.55%
JPY/USD Purchasedn/a7.35%
FSWP: OIS 2.860000 18-MAR-2031 CAD Receiven/a7.32%
JPY/EUR Purchasedn/a7.28%
FSWP: OIS 1.482000 18-MAR-2031 SOR Receiven/a6.49%
AUD/USD Purchasedn/a5.70%
View More Holdings