BlackRock Alternative Capital Strategies Fund
Data updated: 2026-05-28
C000202321 — BlackRock Alternative Capital Strategies Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long-Short · $8.24B AUM · 1.20% expense ratio · 3.0% 1-yr return. From SEC regulatory filings.
C000202321 Fund Overview
BlackRock Alternative Capital Strategies Fund is a US mutual fund managed by BlackRock Funds IV, categorised as Long-Short. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: BlackRock Funds IV
- Category: Long-Short
- Assets under management: $8.24B
- 1-year return: 3.0%
- SEC CIK: 0001738074
- SEC series ID: S000062369
- Share class ID: C000202321
C000202321 Holdings
Top 10 holdings of BlackRock Alternative Capital Strategies Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Treasury | 1.87% |
| Freddie Mac - STACR | 1.20% |
| Umbs, Tba | 1.19% |
| Umbs, Tba | 1.14% |
| Freddie Mac - STACR | 1.02% |
| Freddie Mac - STACR | 0.96% |
| Fannie Mae - CAS | 0.95% |
| Fannie Mae - CAS | 0.94% |
| Freddie Mac - STACR | 0.93% |
| Fannie Mae - CAS | 0.87% |
C000202321 Portfolio Allocation
Asset-class allocation of BlackRock Alternative Capital Strategies Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 57.8% |
| Securitized | 38.9% |
| Equity | 7.5% |
| Derivatives | 5.3% |
| Cash & Equivalents | 2.0% |
C000202321 Performance
Total returns for C000202321 (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.2% |
| 1 year | 3.0% |
| 3 years (annualised) | 6.3% |
| 5 years (annualised) | 4.0% |
C000202321 Risk Information
Risk metrics for C000202321, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.2%
C000202321 Costs and Fees
C000202321 costs about $120 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.20%
- Gross expense ratio: 1.21%
- Portfolio turnover: 270%
- Brokerage commissions: 0.93 bps of average net assets (SEC N-CEN)
C000202321 Cashflows
Over the 12 months to 2026-03, BlackRock Alternative Capital Strategies Fund had net inflows of $692.88M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $41.65M |
| 2026-02 | $8.23M |
| 2026-01 | $90.79M |
| 2025-12 | $90.02M |
| 2025-11 | −$17.08M |
| 2025-10 | −$53.22M |
C000202321 Debt Constituents
Largest debt holdings of BlackRock Alternative Capital Strategies Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Lockheed Martin Corp. | 0.34% |
| Bhp Billiton Fin USA Ltd. | 0.34% |
| Bank Of America Corp. | 0.32% |
| Hsbc Holdings PLC | 0.29% |
| M&t Bank Corporation | 0.28% |
| Marsh & Mclennan Cos, Inc. | 0.27% |
| JPMorgan Chase & Co. | 0.27% |
| Citigroup, Inc. | 0.26% |
| Philip Morris Intl, Inc. | 0.25% |
| JPMorgan Chase & Co. | 0.25% |
C000202321 Prospectus and SEC Filings
Official BlackRock Alternative Capital Strategies Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long-Short funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.