BlackRock Tactical Opportunities Fund Service Shares (PCBSX)
| Fund Assets | 3.62B |
| Expense Ratio | 1.09% |
| Min. Investment | $5,000 |
| 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 | 17.15 |
| YTD Return | 10.22% |
| 1-Year Return | 13.80% |
| 5-Year Return | 40.07% |
| 52-Week Low | 14.96 |
| 52-Week High | 17.15 |
| Beta (5Y) | n/a |
| Holdings | 1288 |
| Inception Date | Jan 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.
Performance
PCBSX had a total return of 13.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.39%.
Top 10 Holdings
254.77% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash Offset | n/a | 194.21% |
| JPY/USD Purchased | n/a | 14.83% |
| FSWP: OIS 6.562500 16-SEP-2031 INR Receive | n/a | 9.75% |
| CASH COLLATERAL USD JPFFT | n/a | 8.69% |
| FSWP: OIS 3.014000 16-SEP-2031 CAD Receive | n/a | 6.26% |
| AUD/USD Purchased | n/a | 5.40% |
| CASH COLLATERAL USD XCITI | n/a | 4.61% |
| United States Treasury Bills | B.0 04.14.26 | 3.74% |
| NVIDIA Corporation | NVDA | 3.72% |
| CAD/USD Purchased | n/a | 3.56% |