Multi Asset

MDLOX

Global Allocation Fund

Overview

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Performance

Performance

  1y 3y 5y 10y Incept.
22.34 2.45 7.41 5.39 8.93
15.92 0.62 6.26 4.83 8.77
Benchmark (%) 22.87 4.46 7.55 6.61 7.46
FTSE World Index 32.50 9.28 13.26 10.30 -
Morningstar Category Avg. (%) 19.60 2.08 5.36 4.51 -
Morningstar Ranking 140/354 265/340 90/327 90/244 -
Morningstar Quartile 2 3 2 2 -
Lipper Category Avg. (%) 21.14 3.97 6.89 5.52 -
Lipper Ranking 151/431 293/400 126/353 112/243 -
Lipper Quartile 2 3 2 2 -
  YTD 1m 3m 1y 3y 5y 10y Incept.
11.37 1.71 4.94 22.34 7.53 42.97 69.08 2,011.90
5.52 -3.64 -0.57 15.92 1.89 35.46 60.20 1,901.02
Benchmark (%) 12.15 1.63 6.27 22.87 14.00 43.87 89.63 1,199.80
Morningstar Category Avg. (%) 8.39 -2.39 0.92 19.60 11.80 34.97 60.06 -
Lipper Category Avg. (%) 11.83 1.55 5.18 21.14 12.69 40.81 74.51 -
FTSE World Index 18.68 1.80 6.38 32.50 30.51 86.36 166.47 -
  2019 2020 2021 2022 2023
Total Return (%) 17.21 20.79 6.45 -16.05 12.35
Annual w/ Sales Charge (%) 11.06 14.45 0.86 -20.45 6.45
Benchmark (%) 18.79 13.34 10.13 -15.59 15.69
Morningstar Category Avg. (%) 16.10 6.18 11.31 -12.34 10.72
FTSE World Index 27.74 16.33 20.95 -17.54 24.18

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

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.
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Explore fund performance

Explore how the Global Allocation Fund's diversified approach has grown a $10k investment in 1989 into over $100k today.
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Key Facts

Key Facts

Size of Fund (Millions)
as of Dec 13, 2024
$16,912.4 M
Share Class launch date
Oct 21, 1994
Benchmark Index
36% S&P 500, 24% FTSE World (ex.US), 24% ICE BofA/ML Cur 5-yr US Treasury, 16% FTSE Non-USD WGBI
Morningstar Category
Global Allocation
CUSIP
09251T103
Open to New Investors
Yes
Size of Class (Millions)
as of Dec 13, 2024
$8,522.3 M
Asset Class
Multi Asset
Distribution Frequency
Annual
Lipper Classification
Flexible Portfolio Funds
Max Offer Price
as of Dec 13, 2024
$20.84
Turnover Percent in the Annual Report
as of Apr 30, 2024
173.00%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Nov 29, 2024
1,459
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Nov 30, 2024
12.18
Benchmark Standard Deviation (3y)
as of Nov 30, 2024
12.64
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
11.39%
Effective Duration Fixed Income
as of Nov 29, 2024
7.12 yrs
Secondary Benchmark Sharpe Ratio (3y)
as of Nov 30, 2024
0.37
P/E Ratio
as of Nov 29, 2024
25.43
Fund Sharpe Ratio (3y)
as of Nov 30, 2024
-0.04
Benchmark Sharpe Ratio (3y)
as of Nov 30, 2024
0.06
Effective Duration
as of Nov 29, 2024
1.93 yrs
Worst 3-Month Return Over the Last 3 Years
3 months ending Jun 30, 2022
-10.26%
Effective Duration Fixed Income and Cash
as of Nov 29, 2024
6.02 yrs
Secondary Benchmark Standard Deviation (3y)
as of Nov 30, 2024
16.83
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Fees

Fees

as of current prospectus
Gross Expense Ratio 1.13%
Net Expense Ratio 1.09%

Net Expense Ratio excluding Investment Related Expenses is 1.08%

  • Acquired Fund Fees and Expenses 0.01%
  • Interest expense 0.00%

Ratings

Ratings

Morningstar Rating

4 stars
Overall Morningstar Rating for Global Allocation Fund, as of Nov 30, 2024 rated against 332 Global Allocation Funds based on risk adjusted total return.

Morningstar Medalist Rating

Morningstar Medalist Rating - SILVER
Morningstar has awarded the Fund a Silver medal. (Effective May 16, 2024)
Analyst-Driven % as of May 16, 2024
100.00
Data Coverage % as of May 16, 2024
100.00

Lipper Leader

 
 
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 Nov 30, 2024 out of 393, 4,406, 397, 116 and 397 Funds, respectively in Lipper's Flexible Portfolio Funds classification.

Holdings

Holdings

Name Market Value Weight (%) Shares
as of Nov 29, 2024
Name Weight (%)
MICROSOFT CORP 2.80
NVIDIA CORP 2.52
APPLE INC 2.05
AMAZON COM INC 2.00
NIKKEI 225 (OSE) DEC 24 1.84
Name Weight (%)
ALPHABET INC CLASS C 1.55
SPDR S&P ETF TRUST DEC C @ 605 1.08
META PLATFORMS INC CLASS A 1.03
UNITEDHEALTH GROUP INC 0.90
MASTERCARD INC CLASS A 0.87
as of Nov 29, 2024
Name Weight (%)
GREEN PLAINS - SECURED NOTES 144A 11.75 02/08/2026 0.55
TREASURY NOTE 4.625 09/30/2028 0.45
TREASURY NOTE 4.25 12/31/2024 0.37
FREED CORP 4A2 144A 12 11/30/2028 0.34
SWP: OIS 4.354000 26-APR-2034 SOF 0.33
Name Weight (%)
HR OTTAWA LP 144A 11 03/31/2031 0.32
LANDSEA HOMES CORP 4A2 SEN NOTES Prvt 11 07/17/2028 0.26
VODAFONEZIGGO GROUP / ZIGGO BV TL-H 0.26
SWP: OIS 4.503000 26-APR-2029 SOF 0.24
WESTBAY 4A2 NOTES Prvt 11 02/06/2030 0.24
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

as of Nov 29, 2024

% of Net Assets

Type Fund Benchmark Net
Allocations subject to change.
as of Nov 29, 2024

% of Net Assets

Type Fund Benchmark Net
as of Nov 29, 2024

% of Net Assets

Type Fund Benchmark Net
as of Nov 29, 2024

% of Net Assets

Type Fund Benchmark Net
as of Nov 29, 2024

% of Net Assets

Type Fund Benchmark Net

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, and swaps (except with respect to fixed income securities), and convertible bonds.

Portfolio Managers

Portfolio Managers

Rick Rieder
Chief Investment Officer of Global Fixed Income

        

Russ Koesterich, CFA, JD

  

Portfolio Manager

Team's Commentary

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Read the Team's Commentary

Literature

Literature

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