BlackRock Global Allocation K
MKLOX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Anne Frances Ackerley
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- WILMINGTON DE 19809 Wilmington DE United States of America 19809
- IPO Date
- Jun 13, 2016
- Website
- blackrock.com
- Similar Companies
- Business
- BlackRock Global Allocation Fund, Inc. (Class K: MKLOX) is an open-end investment company that seeks high total investment return through a fully managed, diversified portfolio of U.S. and foreign equity securities, debt securities, money market instruments, and short-term securities; the allocation among these asset classes and markets varies in response to changing economic trends and conditions. Core holdings include leading U.S. equities such as NVIDIA Corp., Microsoft Corp., Apple Inc., Alphabet Inc. Class C, and Amazon.com Inc.; derivatives like Nikkei 225 futures; international bonds including Ireland Government 2.6% due 10/18/2034 and United Kingdom 4.375% due 03/07/2030; and structured products such as swap agreements and collateralized loan obligations. The fund operates in the global moderate allocation category, with significant exposure to U.S. stocks (approximately 41%), non-U.S. stocks (17%), non-U.S. bonds (16%), and U.S. bonds (13%), targeting institutional investors with a minimum initial investment of $5 million; it is domiciled in the United States, with BlackRock Advisors, LLC serving as investment manager. Launched on June 8, 2016, the Class K shares are headquartered at 100 Bellevue Parkway, Wilmington, DE 19809, as part of BlackRock, Inc., the world's largest asset manager founded in 1988 and based in New York City. Portfolio management is led by Russ Koesterich, CFA, JD, since January 2017, and Rick Rieder since April 2019, with the team employing active strategies across large-cap blend equities, fixed income, and alternatives without pursuing an ESG-focused mandate. Geographically, the fund maintains primary allocations to North America, Europe, and emerging markets including Asia, serving clients primarily in the United States. In recent developments, the fund maintained net assets exceeding $16.5 billion as of late 2025, reflecting resilient performance amid market volatility, including a year-to-date total return of approximately 16%. BlackRock, as the parent manager, expanded its alternatives capabilities through high-profile acquisitions, including Global Infrastructure Partners in October 2024 and HPS Investment Partners for $12 billion in December 2024, enhancing private credit and infrastructure offerings that complement the fund's public fixed income strategies. No fund-specific acquisitions, launches, or reorganizations were reported in 2024-2025; however, ongoing monthly rebalancing and exposure adjustments, such as increased emphasis on technology and financial services sectors, support adaptive positioning.