Summary
BlackRock Tactical Opportunities Instl 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: 1,077. The ten largest make up 41% of the fund.
- Yearly costs
- 0.72%
- Fund size
- $7.50B
- Positions
- 1,077
- Dividends
- Reinvested
- Running since
- 1993
What speaks for it
- A large fund with $7.50B under management.
- It has been running since 1993.
What to watch
- Costs of 0.72% a year are above the middle of comparable funds (0.24%).
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
- -0.8%
- 3 months
- +4.5%
- This year
- +15%
- 1 year
- +16%
- 3 years
- +27%
- 5 years
- +30%
- 10 years
- +36%
- Avg. market cap
- $1.15T
- P/E
- 26.5x
- Forward P/E
- 22.3x
- P/S
- 3.8x
- P/B
- 6.1x
- P/FCF
- 24.8x
- EV/EBITDA
- 22.0x
- Dividend yield
- 1.48%
- ROIC
- 25.4%
- ROE
- 56.3%
- Gross margin
- 45.9%
- Operating margin
- 23.1%
- Net margin
- 18.4%
- Payout ratio
- 39.3%
- Net debt/EBITDA
- 1.2x
- Beta
- 0.11
Weighted average of the 50 largest companies, which make up 21% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 CASH COLLATERAL USD JPFFT 8.6%
- 2 TREASURY BILL 7.2%
- 3 CASH COLLATERAL USD XCITI 4.4%
- 4 NVIDIA 4.3%
- 5 AAApple AAPL 3.7%
- 6 EUR CASH 3.4%
- 7 MICROSOFT 2.9%
- 8 BLACKROCK LIQ FUND T-FD-IN 2.4%
- 9 AMAmazon.com, Inc. AMZN.TO 2.1%
- 10 JPY CASH 1.9%
Positions in the fund: 1,077. The ten largest make up 41% of it.
Composition as of Oct 18, 2026.
Where is it spread?
Spread outBy country
- United States 27%
- Japan 3.2%
- Switzerland 1.7%
- United Kingdom 1.5%
- Other countries 66%
Largest country: United States (27%).
What does it cost me?
Expensive- A year from $10,000
- $72.00
- Over 20 years
- $3,411
From every $10,000 invested the fund takes $72.00 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 $3,411.
How has it done?
Growing slowly- A year on average, 10 years
- +3.1%
- Deepest drop
- -11%
- Yearly volatility
- 6.0%
Average yearly growth over the last ten years: 3.1%. Deepest drop in these years: 11% below the earlier high.
Does it pay dividends?
No, it reinvestsThe fund pays nothing out. What its holdings earn stays inside and shows in the price.
How expensive are the companies inside?
Rather expensive- P/E of the companies inside
- 26.5
- Average Bulios Score
- 67 out of 100
Weight by Bulios Fair Price
- Undervalued 11%
- Fairly valued 7.7%
- Overvalued 81%
On average the companies inside trade for 26.5 times their yearly profit. By Fair Price, 81% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 21% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SC SC0J.DE Invesco MSCI World UCITS ETF | Ireland | 0.05% | $8.65B | +19% | Reinvests | 22% |
SP SPPW.DE State Street SPDR MSCI World UCITS ETF | Ireland | 0.12% | $22.6B | +19% | Reinvests | 22% |
SP SPPW.SG State Street SPDR MSCI World UCITS ETF | Ireland | 0.12% | $22.4B | +18% | Reinvests | 22% |
H4 H4ZJ.DE HSBC MSCI World UCITS ETF | Ireland | 0.15% | $19.5B | +17% | Pays out | 22% |
H4 H4ZJ.SG HSBC MSCI World UCITS ETF USD | Ireland | 0.15% | $19.4B | +17% | Reinvests | 22% |
MW MWRD.MI Amundi Core MSCI World UCITS ETF Acc | Ireland | 0.12% | $19.6B | +18% | Reinvests | 22% |
