About MDLOX
BlackRock Global Allocation Fund, Inc. Investor A Shares is a diversified open-end mutual fund designed to deliver high total investment return by strategically allocating assets across multiple markets and instruments. The fund maintains a flexible approach, investing in a dynamic mix of global equities, bonds, and money market securities to capture opportunities while managing risk. Notably, it can allocate up to 35% of total assets to high-yield ("junk") bonds, corporate loans, and distressed securities, enhancing its return potential while maintaining exposure to different credit qualities.
This fund also includes investments in real estate-related securities and precious metals, for instance through holdings in REITs and gold-related assets, providing investors with access to tangible asset classes often less correlated to traditional stocks and bonds. The portfolio is actively managed, frequently adjusting its sector, regional, and asset allocation to adapt to changing market environments, which is reflected in its relatively high portfolio turnover.
As part of the global moderate allocation category, the fund balances income generation and capital appreciation, aiming for moderate volatility levels compared to more aggressive or conservative allocation funds. Managed by BlackRock, a leading global asset manager, this fund is notable for its broad diversification and adaptability within the world allocation segment.
Fund Family BlackRock
Category Flexible Portfolio
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MDLOX
Index FTSE World TR USD
MDLOX had a total return of 19.03% in the past year, including dividends. Since the fund's
inception, the average annual return has been 15.09%.
