- What does BCSAX invest in?
- The fund's management employs a two-part investment methodology, normally dedicating approximately half of its total capital to each distinct approach. One strategy centers on acquiring financial instruments whose value is tied to commodities, specifically derivatives. To meet the necessary collateral and coverage requirements for these derivative holdings, and to deploy any uninvested cash, the portfolio maintains a portion of its assets in high-grade, short-duration fixed-income securities. The second primary strategy involves direct equity investments in corporations operating within the commodity sector. This encompasses, but is not restricted to, companies engaged in industries such as mining, energy production, and agriculture.
- What is the expense ratio of BCSAX?
- An expense ratio for BlackRock Commodity Strategies Portfolio (BCSAX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.
- How big is BCSAX?
- BlackRock Commodity Strategies Portfolio (BCSAX) manages $1.08B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is BCSAX actively managed or an index fund?
- BCSAX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was BCSAX launched?
- BlackRock Commodity Strategies Portfolio (BCSAX) launched in October 2011 and is managed by BlackRock / iShares.
- How has BCSAX performed?
- BCSAX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
