Summary
BlackRock Commodity Strategies Portfolio is a mutual fund run by BlackRock. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 155. The ten largest make up 68% of the fund.
- Yearly costs
- 0.75%
- Fund size
- $1.47B
- Positions
- 155
- Dividend yield
- 13.65%
- Running since
- 2011
What speaks for it
- A large fund with $1.47B under management.
- It has been running since 2011.
What to watch
- The ten largest positions make up 68% of the fund, so its result rests on a few names.
- High costs: 0.75% a year.
- In the last five years its price once dropped by 34% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -1.6%
- 3 months
- +5.6%
- This year
- +11%
- 1 year
- +15%
- 3 years
- +35%
- 5 years
- +19%
- 10 years
- +56%
- Avg. market cap
- $131.0B
- P/E
- 16.1x
- Forward P/E
- 13.4x
- P/S
- 1.0x
- P/B
- 1.6x
- P/FCF
- 16.2x
- EV/EBITDA
- 7.8x
- Dividend yield
- 2.08%
- ROIC
- 10.1%
- ROE
- 17.6%
- Gross margin
- 33.6%
- Operating margin
- 22.1%
- Net margin
- 13.7%
- Payout ratio
- 33.3%
- Net debt/EBITDA
- 1.5x
- Beta
- 0.64
Weighted average of the 50 largest companies, which make up 33% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 TREASURY BILL 47%
- 2 XOExxon Mobil XOM 3.5%
- 3 NTNutrien Ltd. NTR.TO 3.2%
- 4 CTCorteva, Inc. CTVA 2.5%
- 5 CHEVRON 2.1%
- 6 BGBunge Limited BG 2.0%
- 7 TRSWAP: BCOMRENT INDEX 2.0%
- 8 PKPackaging Corporation of America PKG 2.0%
- 9 TRSWAP: BCOMRAGT INDEX 1.9%
- 10 SHELL PLC 1.8%
Positions in the fund: 155. The ten largest make up 68% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- United States 17%
- Canada 9.9%
- United Kingdom 2.0%
- Ireland 1.4%
- Other countries 70%
Largest country: United States (17%).
What does it cost me?
Expensive- Yearly costs
- 0.75%
- A year from $10,000
- $75.00
- Over 20 years
- $3,544
From every $10,000 invested the fund takes $75.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,544.
How has it done?
Growing slowly- A year on average, 10 years
- +4.6%
- Deepest drop
- -34%
- Yearly volatility
- 18%
Average yearly growth over the last ten years: 4.6%. Deepest drop in these years: 34% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 13.65%
- Last payment
- $1.40
Over the last 12 months it paid $1.57 per share, which is 13.65% of today's price. The last payment was $1.40 on Jul 22, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 16.1
- Average Bulios Score
- 64 out of 100
Weight by Bulios Fair Price
- Undervalued 26%
- Fairly valued 11%
- Overvalued 62%
On average the companies inside trade for 16.1 times their yearly profit. By Fair Price, 62% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 33% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.