Returns Chart

BlackRock Tactical Opportunities Fund Inst (PBAIX) Total Return
Select area to zoom
Created with Highcharts 11.1.0Oct '24Jan '25Apr '25Jul '250.00%11.87%

Key Stats

Customize
Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
0.76% 3.306B -- 108.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
994.64M 11.39% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund to seeks total return. The Fund uses a macro asset allocation strategy, investing varying percentages of its portfolio in global stocks, bonds, money market, foreign currencies, and cash. It will identify global macro opportunities and its position using a combination of individual securities and derivatives.
General
Security Type Mutual Fund
Broad Asset Class Alternative
Broad Category Alternative
Global Peer Group Alternative Global Macro
Peer Group Alternative Global Macro Funds
Global Macro Liquid Alternatives
US Macro Alternative Equity Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Alternative Global Macro Funds
Fund Owner Firm Name BlackRock
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%

View Basic Info
Start Trial

Net Fund Flows Versus Peer Group

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 4
-196.42M Peer Group Low
121.02M Peer Group High
1 Year
% Rank: 4
994.64M
-2.047B Peer Group Low
1.082B Peer Group High
3 Months
% Rank: 4
-478.18M Peer Group Low
533.17M Peer Group High
3 Years
% Rank: 2
-5.689B Peer Group Low
1.075B Peer Group High
6 Months
% Rank: 4
-979.03M Peer Group Low
822.80M Peer Group High
5 Years
% Rank: 2
-8.515B Peer Group Low
1.752B Peer Group High
YTD
% Rank: 4
-979.03M Peer Group Low
822.80M Peer Group High
10 Years
% Rank: 2
-23.86B Peer Group Low
1.870B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
View Performance Versus Peer Group
Start Trial

Annual Total Returns Versus Peers

There are no valid items on this chart.

Name
2018
2019
2020
2021
2022
2023
2024
YTD
4.70%
1.66%
6.90%
0.50%
6.14%
2.98%
11.74%
5.99%
-9.41%
26.60%
16.25%
18.54%
-18.36%
22.20%
17.49%
12.93%
-7.01%
11.71%
3.46%
9.05%
30.94%
-1.83%
11.64%
0.92%
-0.40%
13.01%
4.66%
3.67%
-5.10%
9.22%
9.66%
8.30%
-7.15%
15.16%
2.72%
11.46%
-10.37%
4.04%
11.89%
0.70%
--
--
--
--
--
--
18.37%
11.02%
As of July 28, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (7-24-25) 9.97%
30-Day SEC Yield --
7-Day SEC Yield --
Stock
Weighted Average PE Ratio 31.67
Weighted Average Price to Sales Ratio 7.258
Weighted Average Price to Book Ratio 9.557
Weighted Median ROE 100.9%
Weighted Median ROA 13.67%
ROI (TTM) 21.46%
Return on Investment (TTM) 21.46%
Earning Yield 0.0446
LT Debt / Shareholders Equity 1.326
Bond
Yield to Maturity (12-31-24) 4.23%
Average Coupon 10.98%
Calculated Average Quality 5.00
Effective Maturity 0.0656
Nominal Maturity 0.0656
As of December 31, 2024

Growth Metrics

EPS Growth (1Y) 24.88%
EPS Growth (3Y) 21.84%
EPS Growth (5Y) 15.42%
Sales Growth (1Y) 13.19%
Sales Growth (3Y) 14.67%
Sales Growth (5Y) 12.19%
Sales per Share Growth (1Y) 15.66%
Sales per Share Growth (3Y) 15.30%
Operating Cash Flow - Growth Ratge (3Y) 15.52%
As of December 31, 2024

Fund Details

Key Dates
Inception Date 6/1/1993
Last Annual Report Date 4/30/2025
Last Prospectus Date 8/28/2024
Share Classes
BRBCX C
PBAKX K
PCBAX A
PCBSX Service
Attributes
Index Fund --
Inverse Fund --
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Asset Allocation

Created with Highcharts 11.1.0
As of December 31, 2024.
Type % Net
Cash 82.26%
Stock 65.28%
Bond 18.14%
Convertible 0.00%
Preferred 0.00%
Other -65.69%
View Asset Allocation
Start Trial

Top 10 Holdings

Created with Highcharts 11.1.0
Name % Weight Price % Change
FORWARD INTEREST RATE SWAP GENERAL SECURITY
53.28% -- --
10Y TNOTES SEP25
51.10% -- --
CASH AND CASH EQUIVALENTS
37.92% -- --
CREDIT DEFAULT SWAP INDEX NORTH AMERICA INVESTMENT GRADE SER 44 V1
36.87% -- --
USD CASH
15.98% -- --
TOPIX SEP5
10.35% -- --
TAIEX INDEX TRS
6.75% -- --
CREDIT DEFAULT SWAP INDEX NORTH AMERICA HIGH YIELD SER 44 V1
6.45% -- --
UNITED STATES OF AMERICA (GOVERNMENT) 0% 08-JUL-2025
6.30% -- --
LONG GILT SEP5
6.24% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee 0.53%
Administration Fee 1.02M%
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee 0.00%
General Availability
Available for Insurance Product --
Available for RRSP --
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 2.00M None
Minimum Subsequent Investment 0.00 None

Basic Info

Investment Strategy
The Fund to seeks total return. The Fund uses a macro asset allocation strategy, investing varying percentages of its portfolio in global stocks, bonds, money market, foreign currencies, and cash. It will identify global macro opportunities and its position using a combination of individual securities and derivatives.
General
Security Type Mutual Fund
Broad Asset Class Alternative
Broad Category Alternative
Global Peer Group Alternative Global Macro
Peer Group Alternative Global Macro Funds
Global Macro Liquid Alternatives
US Macro Alternative Equity Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Alternative Global Macro Funds
Fund Owner Firm Name BlackRock
Broad Asset Class Benchmark Index
^MSACWINTR 100.0%

View Basic Info
Start Trial

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (7-24-25) 9.97%
30-Day SEC Yield --
7-Day SEC Yield --
Stock
Weighted Average PE Ratio 31.67
Weighted Average Price to Sales Ratio 7.258
Weighted Average Price to Book Ratio 9.557
Weighted Median ROE 100.9%
Weighted Median ROA 13.67%
ROI (TTM) 21.46%
Return on Investment (TTM) 21.46%
Earning Yield 0.0446
LT Debt / Shareholders Equity 1.326
Bond
Yield to Maturity (12-31-24) 4.23%
Average Coupon 10.98%
Calculated Average Quality 5.00
Effective Maturity 0.0656
Nominal Maturity 0.0656
As of December 31, 2024

Growth Metrics

EPS Growth (1Y) 24.88%
EPS Growth (3Y) 21.84%
EPS Growth (5Y) 15.42%
Sales Growth (1Y) 13.19%
Sales Growth (3Y) 14.67%
Sales Growth (5Y) 12.19%
Sales per Share Growth (1Y) 15.66%
Sales per Share Growth (3Y) 15.30%
Operating Cash Flow - Growth Ratge (3Y) 15.52%
As of December 31, 2024

Fund Details

Key Dates
Inception Date 6/1/1993
Last Annual Report Date 4/30/2025
Last Prospectus Date 8/28/2024
Share Classes
BRBCX C
PBAKX K
PCBAX A
PCBSX Service
Attributes
Index Fund --
Inverse Fund --
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
View Top Portfolio Holders
Start Trial

Excel Add-In Codes

Name: =YCI("M:PBAIX", "name")
Broad Asset Class: =YCI("M:PBAIX", "broad_asset_class")
Broad Category: =YCI("M:PBAIX", "broad_category_group")
Prospectus Objective: =YCI("M:PBAIX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
View Excel Add-In Codes
Start Trial
Quickflows