Multi Asset

MALOX

Global Allocation Fund

Overview

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Performance

Performance

  1y 3y 5y 10y Incept.
13.49 14.84 7.47 7.47 9.32
Benchmark (%) 11.54 16.02 8.03 8.10 7.57
FTSE World Index (USD) 18.25 24.33 14.82 12.83 8.37
Morningstar Category Avg. (%) 10.32 13.98 8.17 6.94 -
Morningstar Ranking 32/409 140/404 215/387 105/314 -
Morningstar Quartile 1 2 3 2 -
Lipper Category Avg. (%) 9.99 13.13 8.17 7.23 -
Lipper Ranking 72/415 119/385 185/348 97/243 -
Lipper Quartile 1 2 3 2 -
  YTD 1m 3m 1y 3y 5y 10y Incept.
15.86 2.64 4.51 13.49 51.46 43.35 105.45 2,525.56
Benchmark (%) 14.67 2.15 4.66 11.54 56.15 47.16 117.99 1,349.77
Morningstar Category Avg. (%) 13.16 2.22 4.99 10.32 48.08 48.07 95.70 -
Lipper Category Avg. (%) 11.46 2.38 5.20 9.99 45.54 49.86 106.21 -
FTSE World Index (USD) 18.96 3.50 7.66 18.25 92.19 99.59 234.46 1,802.99
  2020 2021 2022 2023 2024
Total Return (%) 21.12 6.73 -15.83 12.62 9.24
Benchmark (%) 13.34 10.13 -15.59 15.69 9.09
Morningstar Category Avg. (%) 9.32 12.01 -13.20 12.16 8.79
FTSE World Index (USD) 16.33 20.95 -17.54 24.18 17.96

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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Monthly Commentary: Global Allocation Fund

Monthly Commentary: Global Allocation Fund

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Key Facts

Key Facts

Size of Fund (Millions)
as of Oct 07, 2025
$17,052.9 M
Share Class launch date
Feb 03, 1989
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 Moderate Allocation
CUSIP
09251T509
Open to New Investors
Yes
Size of Class (Millions)
as of Oct 07, 2025
$6,732.8 M
Asset Class
Multi Asset
Distribution Frequency
Annual
Lipper Classification
Flexible Portfolio Funds
Max Offer Price
as of Oct 07, 2025
$20.66
Turnover Percent in the Annual Report
as of Apr 30, 2025
138%

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of Sep 30, 2025
1,723
Average Market Cap (Millions)
as of -
-
Fund Standard Deviation (3y)
as of Sep 30, 2025
9.93
Benchmark Standard Deviation (3y)
as of Sep 30, 2025
9.39
Best 3-Month Return Over the Last 3 Years
3 months ending Jan 31, 2024
11.46%
Effective Duration Fixed Income
as of Sep 30, 2025
8.00 yrs
Secondary Benchmark Sharpe Ratio (3y)
as of Sep 30, 2025
1.42
P/E Ratio
as of Sep 30, 2025
26.50
Fund Sharpe Ratio (3y)
as of Sep 30, 2025
0.98
Benchmark Sharpe Ratio (3y)
as of Sep 30, 2025
1.14
Effective Duration
as of Sep 30, 2025
2.38 yrs
Worst 3-Month Return Over the Last 3 Years
3 months ending Oct 31, 2023
-7.37%
Effective Duration Fixed Income and Cash
as of Sep 30, 2025
6.72 yrs
Secondary Benchmark Standard Deviation (3y)
as of Sep 30, 2025
12.70
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

Fees

as of current prospectus
Gross Expense Ratio 0.90%
Net Expense Ratio 0.87%

Net Expense Ratio excluding Investment Related Expenses is 0.86%

  • 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 Sep 30, 2025 rated against 404 Global Moderate Allocation Funds based on risk adjusted total return.

Morningstar Medalist Rating

Morningstar Medalist Rating - BRONZE
Morningstar has awarded the Fund a Bronze medal. (Effective May 28, 2025)
Analyst-Driven % as of May 28, 2025
100.00
Data Coverage % as of May 28, 2025
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 Sep 30, 2025 out of 385, 4,124, 385, 164 and 385 Funds, respectively in Lipper's Flexible Portfolio Funds classification.

Holdings

Holdings

as of Aug 29, 2025
Name Weight (%)
NVIDIA CORP 2.94
MICROSOFT CORP 2.80
AMAZON COM INC 2.18
APPLE INC 2.02
ALPHABET INC CLASS C 1.85
Name Weight (%)
NIKKEI 225 (OSE) SEP 25 1.84
META PLATFORMS INC CLASS A 1.68
BROADCOM INC 1.20
JPMORGAN CHASE & CO 1.13
ELI LILLY 0.98
as of Aug 29, 2025
Name Weight (%)
UMBS 30YR TBA(REG A) 0.68
IRELAND (GOVERNMENT) 2.6 10/18/2034 0.66
GPRE SEC NOTES 144A 11.75 09/15/2026 0.58
SWP: OIS 4.503000 26-APR-2029 SOF 0.43
SWP: OIS 4.354000 26-APR-2034 SOF 0.42
Name Weight (%)
UNITED KINGDOM OF GREAT BRITAIN AN 4.375 03/07/2030 0.41
FREED 1L NOTES 144A 12.5 11/30/2028 0.34
HR OTTAWA LP 144A 11 03/31/2031 0.32
VODAFONEZIGGO GROUP / ZIGGO BV TL-H 0.28
WEST BAY 1L 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 Aug 29, 2025

% of Net Assets

Allocations subject to change.
as of Aug 29, 2025

% of Net Assets

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as of Aug 29, 2025

% of Net Assets

Show More
as of Aug 29, 2025

% of Net Assets

as of Aug 29, 2025

% of Net Assets

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
Senior Managing Director

Chief Investment Officer of Global Fixed Income

Russ Koesterich, CFA, JD
Managing Director

Russ Koesterich, CFA, JD, Managing Director and portfolio manager, is a member of the Global Allocation team and the lead portfolio manager of the GA Selects Model Portfolios.

Portfolio Manager

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.

This fund does not seek to follow a sustainable, impact or ESG investment strategy. For more information regarding the fund's investment strategy, please see the fund's prospectus or, as applicable, shareholder report.

Funds related to MALOX

Funds related to MALOX

BIICX
Multi-Asset Income Fund
BIGPX
60/40 Target Allocation Fund
BSIIX
Strategic Income Opportunities Fund

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