Commodity

BCSCX

Commodity Strategies Fund ACTIVE

Overview

Loading

Performance

Performance

NAV

Performance chart data not available for display.
View full chart

Distributions

Interactive chart displaying fund performance. Javascript is required.

View full chart
  1y 3y 5y 10y Incept.
5.80 -0.34 5.27 - -2.60
4.80 -0.34 5.27 - -2.60
Benchmark (%) -3.12 -2.53 1.03 - -5.54
Morningstar Category Avg. (%) -3.09 -2.58 1.45 -6.32 -
Morningstar Ranking 17/115 15/100 7/89 - -
Morningstar Quartile 1 1 1 - -
Lipper Category Avg. (%) -3.07 -2.52 1.58 -6.25 -
Lipper Ranking 19/120 20/104 7/95 - -
Lipper Quartile 1 1 1 - -
  YTD 1m 3m 1y 3y 5y 10y Incept.
5.80 6.48 12.46 5.80 -1.02 29.27 - -21.63
4.80 5.48 11.46 4.80 -1.02 29.27 - -21.63
Benchmark (%) -3.12 4.97 10.19 -3.12 -7.41 5.25 - -40.92
Morningstar Category Avg. (%) -3.09 5.46 11.44 -3.09 -7.55 7.45 -47.97 -
Lipper Category Avg. (%) -3.07 5.67 11.96 -3.07 -7.07 8.80 -46.48 -
  2016 2017 2018 2019 2020
Total Return (%) 21.88 7.15 -15.32 10.48 5.80
Benchmark (%) 11.77 1.70 -11.25 7.69 -3.12
Morningstar Category Avg. (%) 12.16 3.66 -11.52 7.87 -3.09
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Net Assets as of Mar 03, 2021 $9,379,111
Size of Fund (Millions) $545.6 M
Base Currency U.S. Dollar
Share Class launch date Oct 03, 2011
Asset Class Commodity
Domicile United States

Portfolio Characteristics

Portfolio Characteristics

P/E Ratio as of Jan 29, 2021 17.96
P/B Ratio as of Jan 29, 2021 1.76
Average Market Cap (Millions) as of Jan 29, 2021 $ 54,117.8 M
Alpha (3y) as of Feb 28, 2021 0.25
R-Squared (3y) as of Feb 28, 2021 78.57
Beta (3y) as of Feb 28, 2021 0.98
Effective Duration as of Jan 29, 2021 0.11 yrs
Yield to Worst as of Jan 29, 2021 0.03%
Best 3-Month Return Over the Last 3 Years 3 months ending Jun 30, 2020 16.04%
Worst 3-Month Return Over the Last 3 Years 3 months ending Mar 31, 2020 -23.43%
Fund Standard Deviation (3y) as of Feb 28, 2021 16.21
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager considers ESG criteria in combination with other information during the idea generation, company research, portfolio construction and ongoing monitoring phases of the investment process. ESG information may be sourced from third-party vendors, as well as internal engagement commentary and site visits and input from BlackRock Investment Stewardship. The Fund manager conducts regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Fees

Fees

as of current prospectus
Gross Expense Ratio 2.07%
Net Expense Ratio 1.72%

Net Expense Ratio excluding Investment Related Expenses is 1.72%

  • Acquired Fund Fees and Expenses 0.00%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for Commodity Strategies Fund, Class C, as of Feb 28, 2021 rated against 97 Commodities Broad Basket Funds based on risk adjusted total return.

Lipper Leader

 
 
 
 
 
Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Jan 31, 2021 out of 105, 12,233, 106, 21 and 106 Funds, respectively in Lipper's Commodities General classification.

Top Holdings

Holdings

Top Equity Holdings as of 31-January-2021

*% of Market Value



Exposure Breakdowns

Exposure Breakdowns

Sectors as of 31-January-2021

*this column reflects the sector exposures of the Bloomberg Commodity Benchmark. Please note that in practice, exposures may differ slightly due to enhanced index techniques.

% of Market Value

Portfolio Managers

Portfolio Managers

Alastair Bishop
Alastair Bishop
Rob Shimell
Rob Shimell
Elliott Char
Elliott Char
Hannah Johnson
Hannah Johnson
Portfolio Manager

Literature

Literature

Loading fund documents...
No documents found
Checkout {{ translations['submit'][selectedAction] }} {{ responseMessage }} {{ warningMessage }} You have previously requested to be opted out of all BlackRock Literature Services emails. To subscribe, you must opt back in.