PERFORMANCE

as of
  1y 3y 5y 10y Incept.  
1.49 8.73 8.21 7.40 10.41
Benchmark (%)   -0.36 8.15 9.11 6.15 7.62
Morningstar Category Avg. (%)   -2.34 7.05 8.00 5.53 -
Lipper Category Avg. (%)   -1.68 7.63 8.63 5.66 -
Lipper Ranking   129/537 146/388 135/247 13/115
as of
  1m 3m YTD 1y 3y 5y 10y Incept.  
-1.87 0.25 3.02 1.49 28.54 48.38 104.16 1,265.84
Benchmark (%)   -1.45 -0.10 0.87 -0.36 26.49 54.65 81.72 595.60
Morningstar Category Avg. (%)   -2.12 -0.68 1.21 -2.34 22.68 46.93 71.29 -
Lipper Category Avg. (%)   -2.13 -1.15 0.60 -1.68 25.41 53.20 74.61 -
Lipper Ranking   129/537 146/388 135/247 13/115
as of
  2010 2011 2012 2013 2014
Total Return (%)   10.15 -3.43 10.33 14.71 2.15
Benchmark (%)   11.06 0.77 10.80 13.67 4.17
Morningstar Category Avg. (%)   10.58 -3.99 10.74 10.07 1.54


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.
Performance chart data not available for display.
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, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.

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Ex-Date Payable Date Record Date Total Distribution   Income ST Cap Gains LT Cap Gains

Interactive chart displaying fund performance. Javascript is required.

Year Total Distribution   Income ST Cap Gains LT Cap Gains

Past distributions are not indicative of future distributions.



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, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be obtained by clicking the "Returns" tab above.

Holdings

  • Top Holdings - Equity

as of 30-Jun-2015

Name Weight (%)
JPMORGAN CHASE & CO 0.69
PROCTER & GAMBLE 0.66
GOOGLE INC CLASS C 0.62
BANK OF AMERICA CORP 0.59
ANADARKO PETROLEUM CORP 0.59
WELLS FARGO 0.55
FUJI HEAVY INDUSTRIES LTD 0.47
MOBILEYE NV 0.46
NESTLE SA 0.45
VERIZON COMMUNICATIONS INC 0.44
  • Top Holdings - Fixed Income

as of 30-Jun-2015

Name Weight (%)
UK CONV GILT RegS 2.25 09/07/2023 1.21
TREASURY NOTE (2OLD) 2.25 11/15/2024 1.15
TREASURY NOTE 1.375 03/31/2020 1.10
MEXICO (UNITED MEXICAN STATES) 10 12/05/2024 0.99
ITALY (REPUBLIC OF) 1.5 06/01/2025 0.67
TREASURY NOTE 1.75 03/31/2022 0.40
FNMA 30YR TBA(REG A) 3 07/14/2015 0.35
MEXICO (UNITED MEXICAN STATES) 8 12/07/2023 0.35
TREASURY NOTE 0.25 07/31/2015 0.34
CREDIT SUISSE AG (LONDON BRANCH) 144A 7.875 01/15/2016 0.33
Placeholder Disclaimer

Exposure Breakdowns

as of 30-Jun-2015

% of Market Value

Equity

60.3%

60.0%

Fixed Income

19.8%

40.0%

Cash

19.2%

0.0%

Commodity Related

0.8%

-

  • Fund

  • Benchmark

Allocations subject to change.
as of 30-Jun-2015

% of Market Value

North America Equity

25.4%

36.7%

Cash

19.2%

0.0%

Europe Equity

15.1%

12.7%

Japanese Equity

12.5%

4.7%

North America Bonds

9.2%

24.4%

Emerging Market Equity

5.6%

3.7%

Emerging Market Bonds

5.5%

0.5%

Europe Bonds

4.3%

9.5%

Asia/Pacific (ex. Japan) Equity

1.7%

2.2%

Commodity Related

0.8%

-

Asia/Pacific (ex Japan) Bonds

0.6%

0.4%

Japan Bonds

0.2%

5.2%

  • Fund

  • Benchmark

Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the country where the issuer of the securities carries out much of their business.
as of 30-Jun-2015

% of Market Value

Financials

11.8%

12.3%

Health Care

10.0%

7.9%

Information Technology

8.6%

8.7%

Industrials

8.1%

6.5%

Consumer Discretionary

6.0%

7.6%

Energy

5.0%

4.3%

Materials

4.6%

3.1%

Consumer Staples

3.4%

5.9%

Telecommunication

2.2%

1.9%

Utilities

1.8%

1.8%

Index Related

-1.2%

-

  • Fund

  • Benchmark

as of 30-Jun-2015

% of Market Value

Government

8.6%

40.0%

Corporates

8.1%

-

Bank Loans

1.5%

-

Convertibles

1.3%

-

Other Fixed Income

0.3%

-

  • Fund

  • Benchmark

Sorry, ratings are not available at this time.
The fund itself has not been rated by an independent rating agency. Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

as of 30-Jun-2015

% of Market Value

US Dollar

71.6%

60.0%

Euro

8.1%

13.0%

Japanese Yen

7.0%

9.9%

British Pound Sterling

4.6%

5.5%

Other Asia

3.0%

4.6%

Other Europe

2.3%

3.2%

Latin America

1.8%

0.9%

Rest of the World

1.4%

2.8%

  • Fund

  • Benchmark

Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

% of Net Assets represents the Fund’s exposure based on the economic value of securities and is adjusted for futures, options, swaps, and convertible bonds.



Ratings

  • Morningstar Rating
     
  • Overall   :
  • 4
  • Overall Morningstar Rating for Global Allocation Fund, CLASS INST, as of 30-Jun-2015 rated against 465 World Allocation Funds.
  • Lipper Leader Ratings
  • Consistent Return   :
     
  • Expense   :
     
  • Total Return   :
     
  • 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 30-Jun-2015 out of 383, 3,858, 390, 160 and 387 Funds, respectively in Lipper's Flexible Portfolio Funds classification.


Morningstar Analyst


Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective 1/13/15)*

KEY FACTS

Size of Class (Millions)

as of 31-Jul-2015

$20,696.2 M
Size of Fund (Millions) $53,790.3 M
Asset Class MultiAsset
Morningstar Category World Allocation
Lipper Classification Flexible Portfolio Funds
Benchmark Index 36% S&P 500, 24% FTSE World (ex US), 24% BofA ML Current 5-Year US Treasury Index, 16% Citigroup Non-USD World Govt Bond Index
CUSIP 09251T509
Inception Date Feb 3, 1989

Net, Including Investment Related Expenses   0.78%
Net, Excluding Investment Related Expenses 0.78%
Expense Ratio 0.87%

Max Offer Price

as of 31-Jul-2015

$20.34
Distribution Frequency   Semi-Annual
Open to New Investors Yes
Turnover Percent 75%

PORTFOLIO CHARACTERISTICS

P/E Ratio  

as of 30-Jun-2015

17.41
Average Market Cap (Millions)  

as of 30-Jun-2015

$80,747.8 M

3y Volatility

as of 31-Jul-2015

1.58

Distribution Yield  

as of 30-Jun-2015

3.31%

Best 3-Month Return Over the Last 3 Years

3 months ending 30-Nov-2013

6.91%
Worst 3-Month Return Over the Last 3 Years

3 months ending 30-Sep-2014

-0.93%

Effective Duration  

as of 30-Jun-2015

1.03 yrs

This information must be preceded or accompanied by a current prospectus. For standardized performance, please click on the "Returns" tab above.

More Products

Carefully consider the Funds' investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds' prospectuses or, if available, the summary prospectuses which may be obtained by visiting the iShares ETF and BlackRock Fund prospectus pages. Read the prospectus carefully before investing.

The fund is actively managed and its characteristics will vary.

Stock and bond values fluctuate in price so the value of your investment can go down depending on market conditions.

International investing involves risks, including risks related to foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments. These risks may be heightened for investments in emerging markets.

Fixed income risks include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in bond values. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments.

Non-investment-grade debt securities (high-yield/junk bonds) may be subject to greater market fluctuations, risk of default or loss of income and principal than higher rated securities.

Asset allocation strategies do not assure profit and do not protect against loss.

The fund may use derivatives to hedge its investments or to seek to enhance returns. Derivatives entail risks relating to liquidity, leverage and credit that may reduce returns and increase volatility.

Short-selling entails special risks. If the fund makes short sales in securities that increase in value, the fund will lose value. Any loss on short positions may or may not be offset by investing short-sale proceeds in other investments.

*The Morningstar Analyst Rating is not a credit or risk rating. It is a subjective evaluation performed by the mutual fund analysts of Morningstar, Inc. Morningstar evaluates funds based on five key pillars, which are process, performance, people, parent, and price. Morningstar's analysts use this five-pillar evaluation to identify funds they believe are more likely to outperform over the long term on a risk-adjusted basis. Analysts consider quantitative and qualitative factors in their research, and the weighting of each pillar may vary. The Analyst Rating ultimately reflects the analysts' overall assessment and is overseen by Morningstar's Analyst Rating Committee. The approach serves not as a formula but as a framework to ensure consistency across Morningstar's global coverage universe. The Analyst Rating scale ranges from Gold to Negative, with Gold being the highest rating and Negative being the lowest rating. A fund with a “Gold” rating distinguishes itself across the five pillars and has garnered the analysts' highest level of conviction. Analyst Ratings are reevaluated at least every 14 months. For more detailed information about Morningstar's Analyst Rating, including its methodology, please click here.

The Morningstar Analyst Rating should not be used as the sole basis in evaluating a mutual fund. Morningstar Analyst Ratings are based on Morningstar's current expectations about future events; therefore, in no way does Morningstar represent ratings as a guarantee nor should they be viewed by an investor as such. Morningstar Analyst Ratings involve unknown risks and uncertainties which may cause Morningstar's expectations not to occur or to differ significantly from what we expected.

Performance results reflect past performance and are no guarantee of future results. Investment return and principal value of shares will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. All returns assume reinvestment of all dividends. Performance information shown without sales charge would have been lower if the applicable sales charge had been included. Performance during periods of exceptional market conditions should not be expected to be repeated in a normal market environment. Current performance may be lower or higher than the performance data quoted.

Investing involves risk, including possible loss of principal.

Fund details, holdings and characteristics are as of the date noted and subject to change.

Yields are based on income earned for the period cited and on the Fund's NAV at the end of the period.

Some BlackRock funds make distributions of ordinary income and capital gains at calendar year end. Those distributions temporarily cause extraordinarily high yields. There is no assurance that a fund will repeat that yield in the future. Subsequent monthly distributions that do not include ordinary income or capital gains in the form of dividends will likely be lower.

The Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

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