| | |
Consolidated Schedule of Investments (unaudited) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
| | | |
Asset-Backed Securities | | | | | | | | | | | | |
| | | |
Cayman Islands(a)(b) — 0.4% | | | | | | | | | |
522 Funding CLO Ltd., Series 2019-4A, Class CR, (3-mo. CME Term SOFR + 2.66%), 7.99%, 04/20/30 | | | USD | | | | 500 | | | $ | 496,355 | |
AGL CLO Ltd. | | | | | | | | | | | | |
Series 2020-5A, Class A2R, (3-mo. CME Term SOFR + 1.66%), 6.99%, 07/20/34 | | | | | | | 1,260 | | | | 1,223,258 | |
Series 2020-5A, Class BR, (3-mo. CME Term SOFR + 1.96%), 7.29%, 07/20/34 | | | | | | | 1,752 | | | | 1,722,873 | |
AGL Static CLO Ltd., Series 2022-18A, Class B, (3-mo. CME Term SOFR + 2.00%), 7.33%, 04/21/31 | | | | | | | 3,210 | | | | 3,190,422 | |
Allegro CLO IV Ltd., Series 2016-1A, Class BR2, (3-mo. CME Term SOFR + 1.81%), 7.12%, 01/15/30 | | | | | | | 430 | | | | 425,599 | |
ALM Ltd., Series 2020-1A, Class A2, (3-mo. CME Term SOFR + 2.11%), 7.42%, 10/15/29 | | | | | | | 373 | | | | 369,896 | |
AMMC CLO Ltd., Series 2018-22A, Class B, (3-mo. CME Term SOFR + 1.71%), 7.06%, 04/25/31 | | | | | | | 375 | | | | 370,087 | |
Anchorage Capital CLO Ltd. | | | | | | | | | | | | |
Series 2015-7A, Class A2, (3-mo. CME Term SOFR + 1.35%), 6.72%, 01/28/31 | | | | | | | 233 | | | | 231,751 | |
Series 2018-10A, Class A2, (3-mo. CME Term SOFR + 1.76%), 7.07%, 10/15/31 | | | | | | | 250 | | | | 246,994 | |
Apidos CLO XX, Series 2015-20A, Class A2RR, (3-mo. CME Term SOFR + 1.81%), 7.12%, 07/16/31 | | | | | | | 400 | | | | 394,424 | |
Apidos CLO XXII, Series 2015-7A, Class A2, (3- mo. CME Term SOFR + 1.76%), 7.09%, 04/20/31 | | | | | | | 500 | | | | 493,406 | |
Apidos CLO XXIII, Series 2015-23A, Class B1R, (3-mo. CME Term SOFR + 1.86%), 7.17%, 04/15/33 | | | | | | | 250 | | | | 245,389 | |
ARES LII CLO Ltd., Series 2019-52A, Class A2R, (3-mo. CME Term SOFR + 1.71%), 7.06%, 04/22/31 | | | | | | | 250 | | | | 244,182 | |
Ares LV CLO Ltd., Series 2020-55A, Class BR, (3-mo. LIBOR US + 1.70%), 7.27%, 07/15/34 | | | | | | | 2,786 | | | | 2,730,306 | |
Ares XXXVII CLO Ltd., Series 2015-4A, Class A3R, (3-mo. CME Term SOFR + 1.76%), 7.07%, 10/15/30 | | | | | | | 250 | | | | 246,250 | |
ASSURANT CLO I Ltd., Series 2017-1A, Class CR, (3-mo. CME Term SOFR + 2.41%), 7.74%, 10/20/34 | | | | | | | 720 | | | | 703,517 | |
Atrium XIII, Series 13A, Class B, (3-mo. CME Term SOFR + 1.76%), 7.11%, 11/21/30 | | | | | | | 600 | | | | 592,313 | |
Bain Capital Credit CLO Ltd. | | | | | | | | | | | | |
Series 2018-2A, Class B, (3-mo. CME Term SOFR + 1.86%), 7.18%, 07/19/31 | | | | | | | 750 | | | | 731,268 | |
Series 2020-2A, Class BR, (3-mo. CME Term SOFR + 1.96%), 7.28%, 07/19/34 | | | | | | | 2,425 | | | | 2,376,500 | |
Battalion CLO VIII Ltd., Series 2015-8A, Class A1R2, (3-mo. CME Term SOFR + 1.33%), 6.64%, 07/18/30 | | | | | | | 456 | | | | 452,571 | |
Battalion CLO X Ltd., Series 2016-10A, Class A2R2, (3-mo. CME Term SOFR + 1.81%), 7.16%, 01/25/35 | | | | | | | 1,465 | | | | 1,425,418 | |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
| | | |
Cayman Islands (continued) | | | | | | | | | |
Battalion CLO XI Ltd., Series 2017-11A, Class BR, (3-mo. CME Term SOFR + 1.98%), 7.33%, 04/24/34 | | | USD | | | | 712 | | | $ | 694,321 | |
Battalion CLO XX Ltd., Series 2021-20A, Class A, (3-mo. CME Term SOFR + 1.44%), 6.75%, 07/15/34 | | | | | | | 1,848 | | | | 1,822,808 | |
Benefit Street Partners CLO II Ltd., Series 2013- IIA, Class A2R2, (3-mo. CME Term SOFR + 1.71%), 7.02%, 07/15/29 | | | | | | | 1,845 | | | | 1,852,363 | |
Benefit Street Partners CLO III Ltd., Series 2013- IIIA, Class A2R2, (3-mo. CME Term SOFR + 1.91%), 7.24%, 07/20/29 | | | | | | | 667 | | | | 663,671 | |
Benefit Street Partners CLO Ltd., Series 2015- VIBR, Class A, (3-mo. CME Term SOFR + 1.45%), 6.78%, 07/20/34 | | | | | | | 250 | | | | 248,392 | |
Benefit Street Partners CLO XIX Ltd., Series 2019- 19A, Class B, (3-mo. CME Term SOFR + 2.26%), 7.57%, 01/15/33 | | | | | | | 250 | | | | 248,715 | |
Birch Grove CLO Ltd., Series 19A, Class BR, (3- mo. LIBOR US + 1.75%), 7.30%, 06/15/31 | | | | | | | 500 | | | | 494,807 | |
BlueMountain CLO Ltd. | | | | | | | | | | | | |
Series 2013-2A, Class BR, (3-mo. CME Term SOFR + 1.86%), 7.21%, 10/22/30 | | | | | | | 500 | | | | 491,543 | |
Series 2014-2A, Class BR2, (3-mo. CME Term SOFR + 2.01%), 7.34%, 10/20/30 | | | | | | | 465 | | | | 452,024 | |
BlueMountain CLO XXII Ltd., Series 2018-22A, Class B, (3-mo. LIBOR US + 1.50%), 7.07%, 07/15/31 | | | | | | | 1,495 | | | | 1,474,482 | |
BlueMountain CLO XXIII Ltd., Series 2018-23A, Class A1, (3-mo. CME Term SOFR + 1.41%), 6.74%, 10/20/31 | | | | | | | 250 | | | | 249,027 | |
BlueMountain CLO XXIX Ltd., Series 2020-29A, Class BR, (3-mo. CME Term SOFR + 2.01%), 7.36%, 07/25/34 | | | | | | | 625 | | | | 618,451 | |
Canyon Capital CLO Ltd. | | | | | | | | | | | | |
Series 2016-1A, Class CR, (3-mo. CME Term SOFR + 2.16%), 7.47%, 07/15/31 | | | | | | | 250 | | | | 242,539 | |
Series 2019-1A, Class A1R, (3-mo. CME Term SOFR + 1.36%), 6.67%, 04/15/32 | | | | | | | 250 | | | | 246,729 | |
Series 2019-1A, Class BR, (3-mo. CME Term SOFR + 1.96%), 7.27%, 04/15/32 | | | | | | | 300 | | | | 295,563 | |
Canyon CLO Ltd., Series 2020-3A, Class B, (3-mo. CME Term SOFR + 1.96%), 7.27%, 01/15/34 | | | | | | | 250 | | | | 247,492 | |
Catskill Park CLO Ltd., Series 2017-1A, Class A1B, (3-mo. CME Term SOFR + 1.61%), 6.94%, 04/20/29 | | | | | | | 892 | | | | 895,860 | |
CBAM Ltd. | | | | | | | | | | | | |
Series 2018-7A, Class A, (3-mo. CME Term SOFR + 1.36%), 6.69%, 07/20/31 | | | | | | | 250 | | | | 247,395 | |
Series 2019-9A, Class B2, (3-mo. CME Term SOFR + 2.16%), 7.47%, 02/12/30 | | | | | | | 450 | | | | 446,798 | |
Cedar Funding IX CLO Ltd., Series 2018-9A, Class A1, (3-mo. CME Term SOFR + 1.24%), 6.57%, 04/20/31 | | | | | | | 1,050 | | | | 1,043,355 | |
Cedar Funding V CLO Ltd., Series 2016-5A, Class A1R, (3-mo. CME Term SOFR + 1.36%), 6.67%, 07/17/31 | | | | | | | 250 | | | | 248,217 | |
Cedar Funding XI CLO Ltd., Series 2019-11A, Class A2R, (3-mo. LIBOR US + 1.35%), 6.81%, 05/29/32 | | | | | | | 250 | | | | 245,781 | |
1
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
| | | |
Cayman Islands (continued) | | | | | | | | | |
CIFC Funding Ltd. | | | | | | | | | | | | |
Series 2013-4A, Class BRR, (3-mo. CME Term SOFR + 1.86%), 7.22%, 04/27/31 | | | USD | | | | 450 | | | $ | 442,492 | |
Series 2014-5A, Class A1R2, (3-mo. CME Term SOFR + 1.46%), 6.77%, 10/17/31 | | | | | | | 250 | | | | 249,375 | |
Series 2015-3A, Class BR, (3-mo. CME Term SOFR + 1.41%), 6.73%, 04/19/29 | | | | | | | 712 | | | | 699,029 | |
Series 2018-2A, Class A2, (3-mo. LIBOR US + 1.60%), 7.19%, 04/20/31 | | | | | | | 250 | | | | 247,142 | |
Series 2020-1A, Class BR, (3-mo. CME Term SOFR + 1.91%), 7.22%, 07/15/36 | | | | | | | 2,475 | | | | 2,444,320 | |
Series 2021-4A, Class B, (3-mo. CME Term SOFR + 1.84%), 7.15%, 07/15/33 | | | | | | | 250 | | | | 246,445 | |
Dryden 45 Senior Loan Fund, Series 2016-45A, Class BR, (3-mo. CME Term SOFR + 1.96%), 7.27%, 10/15/30 | | | | | | | 250 | | | | 245,654 | |
Dryden 65 CLO Ltd., Series 2018-65A, Class B, (3-mo. CME Term SOFR + 1.86%), 7.17%, 07/18/30 | | | | | | | 250 | | | | 245,550 | |
Elmwood CLO I Ltd., Series 2019-1A, Class AR, (3-mo. CME Term SOFR + 1.71%), 7.04%, 10/20/33 | | | | | | | 500 | | | | 499,372 | |
Elmwood CLO II Ltd. | | | | | | | | | | | | |
Series 2019-2A, Class AR, (3-mo. LIBOR US + 1.15%), 6.74%, 04/20/34 | | | | | | | 650 | | | | 645,253 | |
Series 2019-2A, Class BR, (3-mo. LIBOR US + 1.65%), 7.24%, 04/20/34 | | | | | | | 975 | | | | 967,785 | |
Elmwood CLO IV Ltd., Series 2020-1A, Class A, (3-mo. CME Term SOFR + 1.50%), 6.81%, 04/15/33 | | | | | | | 300 | | | | 299,043 | |
Galaxy XV CLO Ltd., Series 2013-15A, Class ARR, (3-mo. CME Term SOFR + 1.23%), 6.54%, 10/15/30 | | | | | | | 567 | | | | 562,016 | |
Galaxy XXVIII CLO Ltd., Series 2018-28A, Class A1, (3-mo. CME Term SOFR + 1.36%), 6.67%, 07/15/31 | | | | | | | 250 | | | | 248,905 | |
Generate CLO Ltd., Series 2016-1A, Class BR, (3-mo. LIBOR US + 1.75%), 7.34%, 10/20/29 | | | | | | | 2,025 | | | | 2,012,314 | |
GoldenTree Loan Management U.S. CLO Ltd., Series 2018-3A, Class B1, (3-mo. CME Term SOFR + 1.81%), 7.14%, 04/20/30 | | | | | | | 250 | | | | 246,019 | |
GoldenTree Loan Opportunities IX Ltd., Series 2014-9A, Class BR2, (3-mo. CME Term SOFR + 1.86%), 7.23%, 10/29/29 | | | | | | | 500 | | | | 497,884 | |
GoldenTree Loan Opportunities XI Ltd., Series 2015-11A, Class AR2, (3-mo. CME Term SOFR + 1.33%), 6.64%, 01/18/31 | | | | | | | 232 | | | | 231,470 | |
Greywolf CLO III Ltd., Series 2020-3RA, Class A1R, (3-mo. CME Term SOFR + 1.55%), 6.90%, 04/15/33 | | | | | | | 500 | | | | 493,620 | |
Gulf Stream Meridian Ltd. | | | | | | | | | | | | |
Series 2021-4A, Class A2, (3-mo. CME Term SOFR + 2.11%), 7.42%, 07/15/34 | | | | | | | 500 | | | | 492,500 | |
Series 2021-5A, Class A2, (3-mo. CME Term SOFR + 2.06%), 7.37%, 07/15/34 | | | | | | | 350 | | | | 348,624 | |
HPS Loan Management Ltd., Series 6A-2015, Class A1R, (3-mo. LIBOR US + 1.00%), 6.63%, 02/05/31 | | | | | | | 466 | | | | 462,608 | |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
| | | |
Cayman Islands (continued) | | | | | | | | | |
Jamestown CLO XII Ltd., Series 2019-1A, Class A2, (3-mo. CME Term SOFR + 2.41%), 7.74%, 04/20/32 | | | USD | | | | 442 | | | $ | 437,376 | |
Jamestown CLO XV Ltd., Series 2020-15A, Class A, (3-mo. CME Term SOFR + 1.60%), 6.91%, 04/15/33 | | | | | | | 250 | | | | 250,748 | |
KKR CLO Ltd., Series 17, Class AR, (3-mo. CME Term SOFR + 1.34%), 6.65%, 04/15/34 | | | | | | | 500 | | | | 492,612 | |
Longfellow Place CLO Ltd., Series 2013-1A, Class BR3, (3-mo. CME Term SOFR + 2.01%), 7.32%, 04/15/29 | | | | | | | 298 | | | | 298,075 | |
Madison Park Funding XLI Ltd., Series 12A, Class BR, (3-mo. CME Term SOFR + 1.61%), 6.96%, 04/22/27 | | | | | | | 695 | | | | 690,711 | |
Madison Park Funding XXV Ltd., Series 2017-25A, Class A2R, (3-mo. CME Term SOFR + 1.91%), 7.26%, 04/25/29 | | | | | | | 712 | | | | 701,320 | |
Madison Park Funding XXVI Ltd., Series 2007-4A, Class AR, (3-mo. LIBOR US + 1.20%), 6.83%, 07/29/30 | | | | | | | 452 | | | | 450,719 | |
Madison Park Funding XXXI Ltd., Series 2018-31A, Class B, (3-mo. CME Term SOFR + 1.96%), 7.31%, 01/23/31 | | | | | | | 250 | | | | 245,931 | |
Mariner CLO LLC, Series 2016-3A, Class BR2, (3-mo. CME Term SOFR + 1.76%), 7.11%, 07/23/29 | | | | | | | 500 | | | | 496,045 | |
Myers Park CLO Ltd., Series 2018-1A, Class B1, (3-mo. CME Term SOFR + 1.86%), 7.19%, 10/20/30 | | | | | | | 250 | | | | 245,675 | |
Neuberger Berman CLO XIV Ltd., Series 2012- 14A, Class AR2, (3-mo. CME Term SOFR + 1.29%), 6.66%, 01/28/30 | | | | | | | 229 | | | | 228,112 | |
Neuberger Berman CLO XX Ltd., Series 20A, Class BRR, (3-mo. CME Term SOFR + 1.91%), 7.22%, 07/15/34 | | | | | | | 250 | | | | 245,800 | |
Neuberger Berman CLO XXII Ltd., Series 2016- 22A, Class BR, (3-mo. CME Term SOFR + 1.91%), 7.22%, 10/17/30 | | | | | | | 250 | | | | 248,400 | |
Neuberger Berman Loan Advisers CLO Ltd. | | | | | | | | | | | | |
Series 2020-37A, Class BR, (3-mo. CME Term SOFR + 1.71%), 7.04%, 07/20/31 | | | | | | | 333 | | | | 329,304 | |
Series 2021- 46A, Class B, (3-mo. CME Term SOFR + 1.91%), 7.24%, 01/20/36 | | | | | | | 250 | | | | 247,150 | |
OCP CLO Ltd. | | | | | | | | | | | | |
Series 2014-5A, Class A2R, (3-mo. CME Term SOFR + 1.66%), 7.01%, 04/26/31 | | | | | | | 450 | | | | 441,781 | |
Series 2014-7A, Class A2RR, (3-mo. CME Term SOFR + 1.91%), 7.24%, 07/20/29 | | | | | | | 250 | | | | 246,182 | |
Series 2016-11A, Class A2R, (3-mo. CME Term SOFR + 2.01%), 7.36%, 10/26/30 | | | | | | | 500 | | | | 493,445 | |
Series 2020-19A, Class BR, (3-mo. CME Term SOFR + 1.96%), 7.29%, 10/20/34 | | | | | | | 500 | | | | 495,196 | |
Octagon Investment Partners Ltd. | | | | | | | | | | | | |
Series 2016-1A, Class AR, (3-mo. CME Term SOFR + 1.44%), 6.79%, 01/24/33 | | | | | | | 250 | | | | 246,922 | |
Series 2018-2A, Class A2, (3-mo. CME Term SOFR + 1.84%), 7.19%, 07/25/30 | | | | | | | 250 | | | | 244,768 | |
Series 2020-2A, Class BR, (3-mo. CME Term SOFR + 1.91%), 7.22%, 07/15/36 | | | | | | | 800 | | | | 779,600 | |
2
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
| | | |
Cayman Islands (continued) | | | | | | | | | |
Octagon Investment Partners XV Ltd., Series 2013-1A, Class A2R, (3-mo. CME Term SOFR + 1.61%), 6.93%, 07/19/30 | | | USD | | | | 487 | | | $ | 487,793 | |
Octagon Investment Partners XVII Ltd., Series 2013- 1A, Class A2R2, (3-mo. CME Term SOFR + 1.36%), 6.71%, 01/25/31 | | | | | | | 300 | | | | 295,433 | |
OHA Credit Funding Ltd. | | | | | | | | | | | | |
Series 2019-3A, Class BR, (3-mo. CME Term SOFR + 1.91%), 7.24%, 07/02/35 | | | | | | | 937 | | | | 927,728 | |
Series 2020-7A, Class AR, (3-mo. CME Term SOFR + 1.30%), 6.62%, 02/24/37 | | | | | | | 250 | | | | 246,750 | |
OHA Credit Partners XIII Ltd., Series 2016-13A, Class BR, (3-mo. CME Term SOFR + 1.96%), 7.30%, 10/25/34 | | | | | | | 250 | | | | 247,866 | |
OHA Loan Funding Ltd. | | | | | | | | | | | | |
Series 2013-2A, Class AR, (3-mo. LIBOR US + 1.04%), 6.43%, 05/23/31 | | | | | | | 500 | | | | 496,466 | |
Series 2016-1A, Class B1R, (3-mo. CME Term SOFR + 1.86%), 7.19%, 01/20/33 | | | | | | | 250 | | | | 247,500 | |
Palmer Square CLO Ltd. | | | | | | | | | | | | |
Series 2013-2A, Class A2R3, (3-mo. CME Term SOFR + 1.76%), 7.07%, 10/17/31 | | | | | | | 250 | | | | 247,500 | |
Series 2015-1A, Class A2R4, (3-mo. LIBOR US + 1.70%), 7.08%, 05/21/34 | | | | | | | 500 | | | | 489,902 | |
Series 2018-1A, Class A1, (3-mo. CME Term SOFR + 1.29%), 6.60%, 04/18/31 | | | | | | | 236 | | | | 234,999 | |
Park Avenue Institutional Advisers CLO Ltd. | | | | | | | | | | | | |
Series 2016-1A, Class A1R, (3-mo. LIBOR US + 1.20%), 6.59%, 08/23/31 | | | | | | | 500 | | | | 497,750 | |
Series 2016-1A, Class A2R, (3-mo. LIBOR US + 1.55%), 6.87%, 02/14/34 | | | | | | | 500 | | | | 485,687 | |
Series 2019-1A, Class A2A, (3-mo. LIBOR US + 2.00%), 7.32%, 05/15/32 | | | | | | | 250 | | | | 244,117 | |
Pikes Peak CLO | | | | | | | | | | | | |
Series 2018-1A, Class A, (3-mo. CME Term SOFR + 1.44%), 6.79%, 07/24/31 | | | | | | | 555 | | | | 551,590 | |
Series 2021-11A, Class A1, (3-mo. CME Term SOFR + 1.95%), 7.30%, 07/25/34 | | | | | | | 1,000 | | | | 1,010,630 | |
Series 2021-8A, Class A, (3-mo. CME Term SOFR + 1.43%), 6.76%, 07/20/34 | | | | | | | 600 | | | | 595,649 | |
Rad CLO Ltd. | | | | | | | | | | | | |
Series 2019-3A, Class BR, (3-mo. CME Term SOFR + 1.81%), 7.12%, 04/15/32 | | | | | | | 250 | | | | 247,448 | |
Series 2020-7A, Class A1, (3-mo. CME Term SOFR + 1.46%), 6.77%, 04/17/33 | | | | | | | 250 | | | | 247,957 | |
Recette CLO Ltd., Series 2015-1A, Class BRR, (3-mo. LIBOR US + 1.40%), 6.99%, 04/20/34 | | | | | | | 250 | | | | 243,257 | |
Regatta VII Funding Ltd., Series 2016-1A, Class A1R2, (3-mo. LIBOR US + 1.15%), 6.66%, 06/20/34 | | | | | | | 450 | | | | 446,668 | |
Regatta XVIII Funding Ltd., Series 2021-1A, Class B, (3-mo. CME Term SOFR + 1.71%), 7.02%, 01/15/34 | | | | | | | 350 | | | | 342,740 | |
Rockford Tower CLO Ltd. | | | | | | | | | | | | |
Series 2017-1A, Class BR2A, (3-mo. CME Term SOFR + 1.91%), 7.24%, 04/20/34 | | | | | | | 500 | | | | 488,569 | |
Series 2017-2A, Class BR, (3-mo. CME Term SOFR + 1.76%), 7.07%, 10/15/29 | | | | | | | 500 | | | | 494,168 | |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
| | | |
Cayman Islands (continued) | | | | | | | | | |
Rockford Tower CLO Ltd. (continued) | | | | | | | | | | | | |
Series 2018-1A, Class A, (3-mo. LIBOR US + 1.10%), 6.48%, 05/20/31 | | | USD | | | | 250 | | | $ | 247,826 | |
Romark CLO II Ltd., Series 2018-2A, Class A1, (3-mo. CME Term SOFR + 1.44%), 6.79%, 07/25/31 | | | | | | | 250 | | | | 248,630 | |
Signal Peak CLO Ltd. | | | | | | | | | | | | |
Series 2018-5A, Class A, (3-mo. CME Term SOFR + 1.37%), 6.72%, 04/25/31 | | | | | | | 284 | | | | 282,426 | |
Series 2020-8A, Class A, (3-mo. CME Term SOFR + 1.53%), 6.86%, 04/20/33 | | | | | | | 250 | | | | 248,419 | |
Series 2020-8A, Class B, (3-mo. CME Term SOFR + 1.91%), 7.24%, 04/20/33 | | | | | | | 300 | | | | 295,947 | |
Sixth Street CLO XVI Ltd. | | | | | | | | | | | | |
Series 2020-16A, Class A1A, (3-mo. CME Term SOFR + 1.58%), 6.91%, 10/20/32 | | | | | | | 948 | | | | 946,104 | |
Series 2020-16A, Class B, (3-mo. CME Term SOFR + 2.11%), 7.44%, 10/20/32 | | | | | | | 710 | | | | 706,662 | |
Sound Point CLO XV Ltd., Series 2017-1A, Class BR, (3-mo. CME Term SOFR + 1.76%), 7.11%, 01/23/29 | | | | | | | 250 | | | | 248,499 | |
Symphony CLO XVI Ltd., Series 2015-16A, Class AR, (3-mo. CME Term SOFR + 1.41%), 6.72%, 10/15/31 | | | | | | | 250 | | | | 248,507 | |
TICP CLO VI Ltd. | | | | | | | | | | | | |
Series 2016-6A, Class AR2, (3-mo. CME Term SOFR + 1.38%), 6.69%, 01/15/34 | | | | | | | 500 | | | | 494,505 | |
Series 2016-6A, Class BR2, (3-mo. CME Term SOFR + 1.76%), 7.07%, 01/15/34 | | | | | | | 500 | | | | 490,721 | |
TICP CLO XII Ltd., Series 2018-12A, Class BR, (3-mo. CME Term SOFR + 1.91%), 7.22%, 07/15/34 | | | | | | | 700 | | | | 685,233 | |
Trestles CLO III Ltd., Series 2020-3A, Class A1, (3-mo. LIBOR US + 1.33%), 6.92%, 01/20/33 | | | | | | | 2,489 | | | | 2,475,983 | |
Trimaran CAVU Ltd., Series 2019-1A, Class B, (3-mo. CME Term SOFR + 2.46%), 7.79%, 07/20/32 | | | | | | | 500 | | | | 494,099 | |
Trinitas CLO XIV Ltd. | | | | | | | | | | | | |
Series 2020-14A, Class B, (3-mo. CME Term SOFR + 2.26%), 7.61%, 01/25/34 | | | | | | | 473 | | | | 464,354 | |
Series 2020-14A, Class C, (3-mo. CME Term SOFR + 3.26%), 8.61%, 01/25/34 | | | | | | | 1,023 | | | | 1,017,725 | |
Voya CLO Ltd. | | | | | | | | | | | | |
Series 2013-3A, Class A1RR, (3-mo. CME Term SOFR + 1.41%), 6.72%, 10/18/31 | | | | | | | 249 | | | | 247,690 | |
Series 2017-3A, Class A1R, (3-mo. CME Term SOFR + 1.30%), 6.63%, 04/20/34 | | | | | | | 250 | | | | 248,862 | |
Series 2017-4A, Class B, (3-mo. CME Term SOFR + 1.71%), 7.02%, 10/15/30 | | | | | | | 250 | | | | 244,384 | |
Series 2018-3A, Class A1A, (3-mo. CME Term SOFR + 1.41%), 6.72%, 10/15/31 | | | | | | | 250 | | | | 249,140 | |
Whitebox CLO II Ltd. | | | | | | | | | | | | |
Series 2020-2A, Class A1R, (3-mo. CME Term SOFR + 1.48%), 6.83%, 10/24/34 | | | | | | | 1,390 | | | | 1,375,203 | |
Series 2020-2A, Class BR, (3-mo. CME Term SOFR + 2.01%), 7.36%, 10/24/34 | | | | | | | 726 | | | | 707,573 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 76,253,063 | |
3
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
| | | |
Ireland(a) — 0.0% | | | | | | | | | |
Avoca CLO XV DAC, Series 15X, Class B2R, (3- mo. EURIBOR + 1.05%), 4.71%, 04/15/31(c) | | | EUR | | | | 134 | | | $ | 141,457 | |
CIFC European Funding CLO II DAC, Series 2X, Class B1, (3-mo. EURIBOR + 1.60%), 5.26%, 04/15/33(c) | | | | | | | 593 | | | | 634,886 | |
Harvest CLO XVIII DAC, Series 18X, Class B, (3- mo. EURIBOR + 1.20%), 4.86%, 10/15/30 | | | | | | | 662 | | | | 704,904 | |
Holland Park CLO DAC, Series 1X, Class A1RR, (3-mo. EURIBOR + 0.92%), 4.24%, 11/14/32(c) | | | | | | | 390 | | | | 420,134 | |
OAK Hill European Credit Partners V Designated Activity Co., Series 2016-5A, Class BR, (3-mo. EURIBOR + 1.90%), 5.55%, 01/21/35(b) | | | | | | | 590 | | | | 625,397 | |
OAK Hill European Credit Partners VI DAC, Series 2017-6X, Class B1, (3-mo. EURIBOR + 1.20%), 4.91%, 01/20/32(c) | | | | | | | 456 | | | | 486,384 | |
OCP Euro CLO DAC, Series 2017-2X, Class B, (3-mo. EURIBOR + 1.35%), 5.01%, 01/15/32(c) | | | | | | | 456 | | | | 489,328 | |
Prodigy Finance DAC(b) | | | | | | | | | | | | |
Series 2021-1A, Class B, (1-mo. Term SOFR + 2.61%), 7.91%, 07/25/51 | | | USD | | | | 803 | | | | 795,418 | |
Series 2021-1A, Class C, (1-mo. Term SOFR + 3.86%), 9.16%, 07/25/51 | | | | | | | 465 | | | | 462,122 | |
Series 2021-1A, Class D, (1-mo. Term SOFR + 6.01%), 11.31%, 07/25/51 | | | | | | | 713 | | | | 706,812 | |
Rockford Tower Europe CLO DAC, Series 2018-1X, Class B, (3-mo. EURIBOR + 1.85%), 5.40%, 12/20/31(c) | | | EUR | | | | 343 | | | | 371,372 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 5,838,214 | |
| | | |
United States — 0.7% | | | | | | | | | |
AccessLex Institute, Series 2007-A, Class A3, (3- mo. LIBOR US + 0.30%), 5.70%, 05/25/36(a) | | | USD | | | | 1,674 | | | | 1,623,590 | |
AIMCO CLO, Series 2018-AA, Class B, (3-mo. CME Term SOFR + 1.66%), 6.97%, 04/17/31(a)(b) | | | | | | | 466 | | | | 458,808 | |
Anchorage Capital CLO Ltd., Series 2014-3RA, Class A, (3-mo. CME Term SOFR + 1.31%), 6.68%, 01/28/31(a)(b) | | | | | | | 213 | | | | 211,505 | |
Apidos CLO XII, Series 2013-12A, Class AR, (3- mo. CME Term SOFR + 1.34%), 6.65%, 04/15/31(a)(b) | | | | | | | 548 | | | | 544,963 | |
Apidos CLO XV, Series 2013-15A, Class A1RR, (3-mo. CME Term SOFR + 1.27%), 6.60%, 04/20/31(a)(b) | | | | | | | 1,764 | | | | 1,756,392 | |
Bankers Healthcare Group Securitization Trust, Series 2020-A, Class C, 5.17%, 09/17/31(b) | | | | | | | 730 | | | | 683,417 | |
Chenango Park CLO Ltd., Series 2018-1A, Class A2, (3-mo. CME Term SOFR + 1.81%), 7.12%, 04/15/30(a)(b) | | | | | | | 1,143 | | | | 1,131,077 | |
CIFC Funding Ltd.(a)(b) | | | | | | | | | | | | |
Series 2013-1A, Class A2R, (3-mo. CME Term SOFR + 2.01%), 7.32%, 07/16/30 | | | | | | | 250 | | | | 247,390 | |
Series 2017-3A, Class A2, (3-mo. CME Term SOFR + 2.06%), 7.39%, 07/20/30 | | | | | | | 637 | | | | 629,120 | |
Clear Creek CLO, Series 2015-1A, Class AR, (3- mo. CME Term SOFR + 1.46%), 6.79%, 10/20/30(a)(b) | | | | | | | 223 | | | | 222,291 | |
College Ave Student Loans LLC, Series 2021-B, Class D, 3.78%, 06/25/52(b) | | | | | | | 230 | | | | 194,164 | |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Cook Park CLO Ltd., Series 2018-1A, Class B, (3-mo. CME Term SOFR + 1.66%), 6.97%, 04/17/30(a)(b) | | | USD | | | | 1,148 | | | $ | 1,127,896 | |
GoodLeap Sustainable Home Solutions Trust, Series 2021-3CS, Class A, 2.10%, 05/20/48(b) | | | | | | | 5,520 | | | | 4,211,471 | |
Gracie Point International Funding(a)(b) | | | | | | | | | | | | |
Series 2021-1A, Class B, (1-mo. LIBOR US + 1.40%), 6.61%, 11/01/23 | | | | | | | 1,240 | | | | 1,239,774 | |
Series 2021-1A, Class C, (1-mo. LIBOR US + 2.40%), 7.61%, 11/01/23 | | | | | | | 1,640 | | | | 1,639,655 | |
Gulf Stream Meridian Ltd., Series 2020-IA, Class A1, (3-mo. CME Term SOFR + 1.63%), 6.94%, 04/15/33(a)(b) | | | | | | | 5,718 | | | | 5,641,801 | |
Lendmark Funding Trust, Series 2021-2A, Class D, 4.46%, 04/20/32(b) | | | | | | | 2,210 | | | | 1,677,267 | |
Madison Park Funding XIII Ltd., Series 2014-13A, Class BR2, (3-mo. CME Term SOFR + 1.76%), 7.08%, 04/19/30(a)(b) | | | | | | | 900 | | | | 892,344 | |
Mariner Finance Issuance Trust, Series 2020-AA, Class A, 2.19%, 08/21/34(b) | | | | | | | 5,860 | | | | 5,649,427 | |
Navient Private Education Refi Loan Trust(b) | | | | | | | | | | | | |
Series 2021-DA, Class A, (Prime - 1.99%), 6.26%, 04/15/60(a) | | | | | | | 10,215 | | | | 9,505,727 | |
Series 2021-DA, Class B, 2.61%, 04/15/60 | | | | | | | 2,900 | | | | 2,593,855 | |
Series 2021-DA, Class C, 3.48%, 04/15/60 | | | | | | | 7,450 | | | | 6,550,878 | |
Series 2021-DA, Class D, 4.00%, 04/15/60 | | | | | | | 2,370 | | | | 2,124,201 | |
Nelnet Student Loan Trust(b) | | | | | | | | | | | | |
Series 2021-A, Class D, 4.93%, 04/20/62 | | | | | | | 6,030 | | | | 5,057,530 | |
Series 2021-BA, Class C, 3.57%, 04/20/62 | | | | | | | 6,450 | | | | 5,287,509 | |
Series 2021-CA, Class C, 3.36%, 04/20/62 | | | | | | | 850 | | | | 689,037 | |
Oportun Issuance Trust(b) | | | | | | | | | | | | |
Series 2021-B, Class A, 1.47%, 05/08/31 | | | | | | | 7,060 | | | | 6,392,742 | |
Series 2021-B, Class B, 1.96%, 05/08/31 | | | | | | | 1,340 | | | | 1,206,811 | |
Pagaya AI Debt Selection Trust, Series 2021-2, Class NOTE, 3.00%, 01/25/29(b) | | | | | | | 4,515 | | | | 4,339,722 | |
Park Avenue Institutional Advisers CLO Ltd., | | | | | | | | | | | | |
Series 2016-1A, Class A2R, (3-mo. LIBOR US + 1.80%), 7.19%, 08/23/31(a)(b) | | | | | | | 611 | | | | 602,940 | |
Progress Residential, Series 2021-SFR3, Class F, 3.44%, 05/17/26(b) | | | | | | | 2,736 | | | | 2,397,986 | |
Regional Management Issuance Trust, | | | | | | | | | | | | |
Series 2021-3, Class A, 3.88%, 10/17/33(b)(d) | | | | | | | 27,070 | | | | 23,450,741 | |
SLM Private Education Loan Trust, Series 2010-C, Class A5, (1-mo. Term SOFR + 4.86%), 10.09%, 10/15/41(a)(b) | | | | | | | 12,335 | | | | 12,887,785 | |
SMB Private Education Loan Trust(b) | | | | | | | | | | | | |
Series 2021-A, Class C, 2.99%, 01/15/53 | | | | | | | 12,050 | | | | 10,280,716 | |
Series 2021-C, Class B, 2.30%, 01/15/53 | | | | | | | 1,490 | | | | 1,334,535 | |
Series 2021-C, Class C, 3.00%, 01/15/53 | | | | | | | 1,240 | | | | 1,078,291 | |
Series 2021-C, Class D, 3.93%, 01/15/53 | | | | | | | 590 | | | | 542,411 | |
York CLO Ltd., Series 2014-1A, Class BRR, (3-mo. CME Term SOFR + 1.91%), 7.26%, 10/22/29(a)(b) | | | | | | | 466 | | | | 465,371 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 126,571,140 | |
| | | | | | | | | | | | |
| | | |
Total Asset-Backed Securities — 1.1% (Cost: $223,019,978) | | | | | | | | | | | 208,662,417 | |
| | | | | | | | | | | | |
4
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Shares | | | Value | |
|
Common Stocks | |
|
Argentina — 0.0% | |
MercadoLibre, Inc.(e) | | | 1,077 | | | $ | 1,333,380 | |
| | | | | | | | |
|
Australia — 0.4% | |
AGL Energy Ltd. | | | 310,612 | | | | 2,545,630 | |
Aurizon Holdings Ltd. | | | 370,058 | | | | 948,390 | |
BHP Group Ltd., Class DI | | | 273,096 | | | | 8,499,257 | |
CSL Ltd. | | | 10,078 | | | | 1,815,211 | |
Endeavour Group Ltd. | | | 432,597 | | | | 1,768,170 | |
Glencore PLC | | | 8,713,785 | | | | 52,992,305 | |
Medibank Pvt Ltd. | | | 840,665 | | | | 1,984,731 | |
Metcash Ltd. | | | 454,821 | | | | 1,101,365 | |
Origin Energy Ltd. | | | 411,260 | | | | 2,341,316 | |
Qantas Airways Ltd.(e) | | | 322,084 | | | | 1,415,163 | |
Quintis HoldCo. Pty. Ltd.(d)(f) | | | 43,735,802 | | | | 294 | |
South32 Ltd. | | | 733,333 | | | | 1,931,009 | |
| | | | | | | | |
| | |
| | | | | | | 77,342,841 | |
|
Belgium — 0.0% | |
KBC Group NV | | | 72,359 | | | | 5,446,085 | |
UCB SA | | | 7,237 | | | | 640,816 | |
| | | | | | | | |
| | |
| | | | | | | 6,086,901 | |
|
Brazil — 0.1% | |
Ambev SA | | | 2,822,947 | | | | 8,871,053 | |
Cielo SA | | | 2,907,536 | | | | 2,902,156 | |
Embraer SA(e) | | | 699,818 | | | | 2,739,335 | |
Engie Brasil Energia SA | | | 52,596 | | | | 489,839 | |
Lojas Renner SA | | | 358,923 | | | | 1,423,168 | |
Petroreconcavo S/A | | | 193,617 | | | | 941,318 | |
Telefonica Brasil SA | | | 254,814 | | | | 2,269,145 | |
Transmissora Alianca de Energia Eletrica SA | | | 191,573 | | | | 1,458,446 | |
| | | | | | | | |
| | |
| | | | | | | 21,094,460 | |
|
Canada — 1.3% | |
Barrick Gold Corp. | | | 348,361 | | | | 6,018,021 | |
Brookfield Corp. | | | 74,857 | | | | 2,613,027 | |
Cameco Corp.(g) | | | 739,244 | | | | 25,991,819 | |
Canadian National Railway Co. | | | 71,216 | | | | 8,632,439 | |
Enbridge, Inc. | | | 3,288,322 | | | | 120,894,741 | |
George Weston Ltd. | | | 10,214 | | | | 1,176,200 | |
Loblaw Cos. Ltd. | | | 13,606 | | | | 1,207,221 | |
Lululemon Athletica, Inc.(e) | | | 7,323 | | | | 2,771,975 | |
Metro, Inc. | | | 47,448 | | | | 2,553,661 | |
Pembina Pipeline Corp. | | | 161,877 | | | | 5,125,215 | |
Rogers Communications, Inc., Class B | | | 109,637 | | | | 4,800,698 | |
Royal Bank of Canada | | | 79,567 | | | | 7,888,214 | |
Shopify, Inc., Class A(e) | | | 25,277 | | | | 1,707,561 | |
Suncor Energy, Inc. | | | 1,155,762 | | | | 36,163,303 | |
TC Energy Corp. | | | 23,407 | | | | 838,900 | |
Teck Resources Ltd., Class B | | | 201,733 | | | | 8,962,997 | |
TELUS Corp. | | | 275,323 | | | | 4,902,426 | |
| | | | | | | | |
| |
| | | 242,248,418 | |
|
Cayman Islands — 0.0% | |
Crown PropTech Acquisitions, Class A(e) | | | 108,245 | | | | 1,118,171 | |
| | | | | | | | |
|
China — 1.5% | |
Agricultural Bank of China Ltd., Class H | | | 3,627,000 | | | | 1,319,303 | |
Aier Eye Hospital Group Co. Ltd., Class A | | | 1,062,852 | | | | 2,998,880 | |
Alibaba Group Holding Ltd.(e) | | | 957,200 | | | | 12,232,420 | |
Alibaba Group Holding Ltd., ADR(e) | | | 228,264 | | | | 23,319,450 | |
Amoy Diagnostics Co. Ltd., Class A | | | 1,088,430 | | | | 3,678,915 | |
| | | | | | | | |
Security | | Shares | | | Value | |
|
China (continued) | |
Anhui Gujing Distillery Co. Ltd., Class B | | | 14,700 | | | $ | 274,802 | |
Baidu, Inc., Class A(e) | | | 348,100 | | | | 6,805,629 | |
Bank of Chengdu Co. Ltd., Class A | | | 2,440,600 | | | | 4,836,843 | |
BOC Hong Kong Holdings Ltd. | | | 183,000 | | | | 558,524 | |
BYD Co. Ltd., Class H | | | 1,040,500 | | | | 37,060,549 | |
BYD Electronic International Co. Ltd. | | | 29,000 | | | | 111,956 | |
China Construction Bank Corp., Class H | | | 10,683,000 | | | | 6,226,677 | |
China Merchants Bank Co. Ltd., Class H | | | 404,000 | | | | 2,008,983 | |
China Tower Corp. Ltd., Class H(b) | | | 9,298,000 | | | | 1,051,032 | |
COSCO SHIPPING Energy Transportation Co. Ltd., Class A | | | 211,500 | | | | 434,386 | |
Dongfang Electric Corp. Ltd., Class A | | | 334,600 | | | | 901,856 | |
Foshan Haitian Flavouring & Food Co. Ltd., Class A | | | 579,156 | | | | 3,761,033 | |
Glodon Co. Ltd., Class A | | | 777,882 | | | | 3,520,943 | |
Gree Electric Appliances, Inc. of Zhuhai, Class A | | | 1,167,100 | | | | 6,337,303 | |
Guangzhou Baiyun International Airport Co. Ltd., Class A(e) | | | 1,907,871 | | | | 3,846,741 | |
Haidilao International Holding Ltd.(b) | | | 1,213,000 | | | | 3,426,074 | |
Hangzhou Robam Appliances Co. Ltd., Class A | | | 2,278,133 | | | | 9,312,153 | |
Hundsun Technologies, Inc., Class A | | | 588,488 | | | | 3,392,057 | |
Hygeia Healthcare Holdings Co. Ltd.(b)(g) | | | 435,400 | | | | 2,830,552 | |
Industrial & Commercial Bank of China Ltd., Class H | | | 10,962,000 | | | | 5,353,046 | |
JA Solar Technology Co. Ltd., Class A | | | 113,300 | | | | 527,701 | |
JD Health International, Inc.(b)(e) | | | 951,350 | | | | 6,954,648 | |
JD.com, Inc., Class A | | | 98,997 | | | | 2,049,592 | |
Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A | | | 527,200 | | | | 3,293,537 | |
Kindstar Globalgene Technology, Inc.(b)(e) | | | 7,490,500 | | | | 1,642,380 | |
Kingsoft Corp. Ltd. | | | 527,400 | | | | 2,270,014 | |
Kweichow Moutai Co. Ltd., Class A | | | 20,900 | | | | 5,516,016 | |
Lenovo Group Ltd. | | | 1,030,000 | | | | 1,185,724 | |
Li Auto, Inc., Class A(e) | | | 107,000 | | | | 2,296,971 | |
LONGi Green Energy Technology Co. Ltd., Class A | | | 1,988,800 | | | | 8,332,973 | |
Meituan, Class B(b)(e) | | | 439,370 | | | | 8,387,624 | |
Microport Cardioflow Medtech Corp.(b)(e)(g) | | | 10,261,000 | | | | 2,972,653 | |
Ningbo Deye Technology Co. Ltd., Class A | | | 254,640 | | | | 4,467,781 | |
Nongfu Spring Co. Ltd., Class H(b) | | | 152,600 | | | | 889,724 | |
NXP Semiconductors NV | | | 21,314 | | | | 4,752,596 | |
PetroChina Co. Ltd., Class H | | | 3,080,000 | | | | 2,258,368 | |
Pharmaron Beijing Co. Ltd., Class H(b) | | | 181,725 | | | | 475,895 | |
Ping An Insurance Group Co. of China Ltd., Class A | | | 450,100 | | | | 3,325,384 | |
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H | | | 336,500 | | | | 888,025 | |
Shanghai Jinjiang International Hotels Co. Ltd., Class A | | | 403,200 | | | | 2,812,942 | |
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A | | | 43,800 | | | | 1,466,400 | |
StarPower Semiconductor Ltd., Class A | | | 114,900 | | | | 3,525,618 | |
Tencent Holdings Ltd. | | | 963,900 | | | | 44,301,924 | |
Trina Solar Co. Ltd., Class A | | | 701,172 | | | | 3,700,408 | |
Trip.com Group Ltd.(e) | | | 64,950 | | | | 2,652,740 | |
Want Want China Holdings Ltd. | | | 590,000 | | | | 411,450 | |
Wilmar International Ltd. | | | 427,700 | | | | 1,242,782 | |
Wuliangye Yibin Co. Ltd., Class A | | | 184,900 | | | | 4,696,294 | |
Yonyou Network Technology Co. Ltd., Class A | | | 1,627,409 | | | | 4,302,541 | |
Yum China Holdings, Inc. | | | 10,783 | | | | 657,979 | |
| | | | | | | | |
| | |
| | | | | | | 277,858,791 | |
5
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Shares | | | Value | |
|
Denmark — 0.2% | |
AP Moller - Maersk A/S, Class B | | | 1,588 | | | $ | 3,262,080 | |
Novo Nordisk A/S, Class B | | | 245,921 | | | | 39,655,300 | |
Novozymes A/S, B Shares | | | 43,309 | | | | 2,172,089 | |
| | | | | | | | |
| | |
| | | | | | | 45,089,469 | |
| | |
Finland — 0.0% | | | | | | |
Elisa OYJ | | | 40,468 | | | | 2,111,030 | |
Kesko OYJ, B Shares | | | 41,221 | | | | 824,778 | |
Kone OYJ, Class B | | | 76,159 | | | | 3,906,408 | |
| | | | | | | | |
| | |
| | | | | | | 6,842,216 | |
| | |
France — 3.1% | | | | | | |
Accor SA | | | 439,284 | | | | 16,575,077 | |
BNP Paribas SA | | | 1,627,402 | | | | 107,323,578 | |
Bollore SE | | | 182,642 | | | | 1,154,794 | |
Carrefour SA | | | 75,656 | | | | 1,512,449 | |
Cie de Saint-Gobain | | | 1,189,313 | | | | 80,434,846 | |
Dassault Systemes SE | | | 119,594 | | | | 5,111,285 | |
EssilorLuxottica SA | | | 264,717 | | | | 53,254,492 | |
Hermes International | | | 6,048 | | | | 13,385,825 | |
Kering SA | | | 93,873 | | | | 53,898,621 | |
La Francaise des Jeux SAEM(b) | | | 82,581 | | | | 3,152,725 | |
L’Oreal SA | | | 26,670 | | | | 12,404,468 | |
LVMH Moet Hennessy Louis Vuitton SE | | | 100,501 | | | | 93,342,065 | |
Remy Cointreau SA | | | 4,365 | | | | 749,288 | |
Sanofi | | | 393,303 | | | | 41,959,342 | |
Schneider Electric SE | | | 16,952 | | | | 3,023,763 | |
SCOR SE | | | 41,985 | | | | 1,254,741 | |
Societe Generale SA | | | 126,592 | | | | 3,442,889 | |
Teleperformance | | | 5,028 | | | | 729,255 | |
TotalEnergies SE | | | 410,675 | | | | 24,951,178 | |
Vinci SA | | | 418,019 | | | | 49,095,239 | |
| | | | | | | | |
| | |
| | | | | | | 566,755,920 | |
|
Germany — 2.2% | |
BASF SE | | | 22,624 | | | | 1,212,895 | |
Bayer AG, Registered Shares | | | 748,054 | | | | 43,748,759 | |
Bayerische Motoren Werke AG | | | 88,598 | | | | 10,804,524 | |
Brenntag SE | | | 14,802 | | | | 1,148,407 | |
Carl Zeiss Meditec AG | | | 7,286 | | | | 844,307 | |
Commerzbank AG | | | 1,367,939 | | | | 16,362,572 | |
Continental AG, Class A | | | 37,765 | | | | 3,015,144 | |
Fresenius SE & Co. KGaA | | | 66,598 | | | | 2,089,988 | |
LANXESS AG | | | 53,061 | | | | 1,789,545 | |
Mercedes-Benz Group AG, Registered Shares | | | 885,053 | | | | 70,682,913 | |
Merck KGaA | | | 42,657 | | | | 7,495,899 | |
SAP SE | | | 784,774 | | | | 107,052,243 | |
SAP SE, ADR(g) | | | 64,922 | | | | 8,852,115 | |
Scout24 SE(b) | | | 17,401 | | | | 1,150,305 | |
Siemens AG, Registered Shares | | | 603,441 | | | | 102,851,780 | |
Symrise AG | | | 77,372 | | | | 8,451,478 | |
Telefonica Deutschland Holding AG | | | 673,933 | | | | 1,815,831 | |
United Internet AG, Registered Shares | | | 109,447 | | | | 1,638,539 | |
Zalando SE(b)(e) | | | 134,376 | | | | 4,639,290 | |
| | | | | | | | |
| | |
| | | | | | | 395,646,534 | |
| | |
Hong Kong — 0.3% | | | | | | |
AIA Group Ltd. | | | 4,304,800 | | | | 43,068,386 | |
ASMPT Ltd. | | | 126,900 | | | | 1,237,794 | |
CK Asset Holdings Ltd. | | | 362,000 | | | | 2,096,368 | |
Hang Seng Bank Ltd. | | | 87,700 | | | | 1,340,543 | |
Hongkong Land Holdings Ltd. | | | 197,900 | | | | 705,259 | |
MTR Corp. Ltd. | | | 276,500 | | | | 1,274,195 | |
| | | | | | | | |
Security | | Shares | | | Value | |
| | |
Hong Kong (continued) | | | | | | |
Orient Overseas International Ltd. | | | 164,000 | | | $ | 2,740,475 | |
SITC International Holdings Co. Ltd. | | | 645,000 | | | | 1,413,295 | |
WH Group Ltd.(b) | | | 1,893,000 | | | | 1,033,181 | |
| | | | | | | | |
| | |
| | | | | | | 54,909,496 | |
| | |
India — 0.1% | | | | | | |
Bajaj Auto Ltd. | | | 36,280 | | | | 2,177,771 | |
Eicher Motors Ltd. | | | 24,006 | | | | 983,263 | |
HCL Technologies Ltd. | | | 109,875 | | | | 1,493,418 | |
Indian Oil Corp. Ltd. | | | 577,611 | | | | 658,810 | |
Infosys Ltd. | | | 53,793 | | | | 890,334 | |
Kotak Mahindra Bank Ltd. | | | 71,208 | | | | 1,609,237 | |
Tata Consultancy Services Ltd. | | | 22,342 | | | | 930,745 | |
Think & Learn Private Ltd., (Acquired 12/11/20, Cost: $8,580,000)(d)(h) | | | 5,720 | | | | 4,349,827 | |
Vedanta Ltd. | | | 231,418 | | | | 778,773 | |
| | | | | | | | |
| | |
| | | | | | | 13,872,178 | |
| | |
Indonesia — 0.0% | | | | | | |
Bank Central Asia Tbk PT | | | 4,671,400 | | | | 2,829,146 | |
| | | | | | | | |
| | |
Ireland — 0.2% | | | | | | |
Allegion PLC | | | 64,250 | | | | 7,508,255 | |
Experian PLC | | | 79,053 | | | | 3,055,048 | |
Kingspan Group PLC | | | 96,492 | | | | 7,744,788 | |
Seagate Technology Holdings PLC | | | 117,156 | | | | 7,439,406 | |
Trane Technologies PLC | | | 9,712 | | | | 1,936,961 | |
| | | | | | | | |
| | |
| | | | | | | 27,684,458 | |
| | |
Israel — 0.3% | | | | | | |
Nice Ltd., ADR(e)(g) | | | 231,935 | | | | 50,527,040 | |
| | | | | | | | |
| | |
Italy — 0.5% | | | | | | |
Enel SpA | | | 415,051 | | | | 2,861,858 | |
Ferrari NV | | | 64,820 | | | | 20,780,427 | |
FinecoBank Banca Fineco SpA | | | 129,909 | | | | 2,017,128 | |
Intesa Sanpaolo SpA | | | 14,163,211 | | | | 40,955,294 | |
Snam SpA | | | 448,635 | | | | 2,358,368 | |
UniCredit SpA | | | 712,835 | | | | 18,049,158 | |
| | | | | | | | |
| | |
| | | | | | | 87,022,233 | |
| | |
Japan — 3.8% | | | | | | |
AGC, Inc. | | | 9,200 | | | | 332,429 | |
Alfresa Holdings Corp. | | | 64,100 | | | | 1,022,249 | |
Aozora Bank Ltd. | | | 96,300 | | | | 1,980,475 | |
Astellas Pharma, Inc. | | | 384,850 | | | | 5,627,410 | |
BayCurrent Consulting, Inc. | | | 159,500 | | | | 5,151,009 | |
Capcom Co. Ltd. | | | 900 | | | | 40,470 | |
Coca-Cola Bottlers Japan Holdings, Inc. | | | 60,100 | | | | 692,129 | |
CyberAgent, Inc. | | | 261,300 | | | | 1,651,873 | |
East Japan Railway Co. | | | 12,400 | | | | 702,015 | |
FANUC Corp. | | | 2,281,600 | | | | 69,799,665 | |
Heiwa Corp. | | | 22,400 | | | | 379,428 | |
Honda Motor Co. Ltd. | | | 1,161,800 | | | | 37,039,796 | |
Hoya Corp. | | | 326,550 | | | | 38,029,791 | |
Ibiden Co. Ltd. | | | 10,200 | | | | 619,949 | |
Ito En Ltd. | | | 34,000 | | | | 970,426 | |
Japan Airlines Co. Ltd. | | | 2,723,300 | | | | 58,961,123 | |
Japan Post Bank Co. Ltd. | | | 456,300 | | | | 3,796,207 | |
Jeol Ltd. | | | 28,900 | | | | 991,268 | |
Kamigumi Co. Ltd. | | | 33,900 | | | | 786,355 | |
Kawasaki Heavy Industries Ltd. | | | 87,800 | | | | 2,239,183 | |
Kawasaki Kisen Kaisha Ltd. | | | 201,300 | | | | 6,070,126 | |
Kewpie Corp. | | | 41,200 | | | | 667,580 | |
Keyence Corp. | | | 173,229 | | | | 77,735,120 | |
6
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Shares | | | Value | |
| | |
Japan (continued) | | | | | | |
Kose Corp. | | | 210,300 | | | $ | 20,593,879 | |
Lixil Corp. | | | 198,800 | | | | 2,540,629 | |
Mani, Inc. | | | 22,700 | | | | 291,911 | |
Mazda Motor Corp. | | | 450,800 | | | | 4,472,157 | |
Medipal Holdings Corp. | | | 52,800 | | | | 905,338 | |
MEIJI Holdings Co. Ltd. | | | 44,600 | | | | 1,030,434 | |
Mitsubishi Heavy Industries Ltd. | | | 76,000 | | | | 3,605,746 | |
Mitsubishi Motors Corp. | | | 828,200 | | | | 3,344,707 | |
Mitsubishi UFJ Financial Group, Inc. | | | 11,049,200 | | | | 88,970,898 | |
Mitsui & Co. Ltd. | | | 814,100 | | | | 31,774,386 | |
Mitsui OSK Lines Ltd. | | | 91,900 | | | | 2,375,781 | |
Money Forward, Inc.(e) | | | 26,200 | | | | 1,133,313 | |
Nihon M&A Center Holdings, Inc. | | | 137,100 | | | | 785,149 | |
Nintendo Co. Ltd. | | | 174,500 | | | | 7,893,462 | |
Nippon Yusen KK | | | 305,700 | | | | 7,436,507 | |
Nitto Denko Corp. | | | 14,900 | | | | 1,059,554 | |
Nomura Research Institute Ltd. | | | 236,700 | | | | 6,725,811 | |
Oracle Corp. Japan | | | 5,100 | | | | 357,503 | |
Rakus Co. Ltd. | | | 165,400 | | | | 2,807,740 | |
Santen Pharmaceutical Co. Ltd. | | | 96,500 | | | | 843,249 | |
Sega Sammy Holdings, Inc. | | | 149,100 | | | | 3,260,015 | |
SG Holdings Co. Ltd. | | | 73,300 | | | | 1,069,704 | |
Shin-Etsu Chemical Co. Ltd. | | | 90,600 | | | | 2,984,803 | |
Shiseido Co. Ltd. | | | 70,300 | | | | 3,082,238 | |
Skylark Holdings Co. Ltd.(e) | | | 72,800 | | | | 941,994 | |
SMC Corp. | | | 87,500 | | | | 45,724,259 | |
SoftBank Corp. | | | 118,800 | | | | 1,319,214 | |
Stanley Electric Co. Ltd. | | | 49,900 | | | | 922,117 | |
Suzuken Co. Ltd. | | | 21,900 | | | | 639,429 | |
Sysmex Corp. | | | 702,500 | | | | 47,569,860 | |
Takeda Pharmaceutical Co. Ltd. | | | 173,200 | | | | 5,295,562 | |
Terumo Corp. | | | 147,200 | | | | 4,820,663 | |
Tokyo Electron Ltd. | | | 52,300 | | | | 7,849,546 | |
TOTO Ltd. | | | 33,700 | | | | 1,036,009 | |
Toyota Motor Corp. | | | 3,032,400 | | | | 50,986,011 | |
ZOZO, Inc. | | | 237,400 | | | | 4,634,527 | |
| | | | | | | | |
| | |
| | | | | | | 686,370,181 | |
| | |
Jordan — 0.0% | | | | | | |
Hikma Pharmaceuticals PLC | | | 32,117 | | | | 862,497 | |
| | | | | | | | |
| | |
Mexico — 0.1% | | | | | | |
Fomento Economico Mexicano SAB de CV | | | 204,668 | | | | 2,319,612 | |
Grupo Aeroportuario del Sureste SAB de CV, Class B | | | 66,629 | | | | 1,884,632 | |
Grupo Financiero Banorte SAB de CV, Class O | | | 285,667 | | | | 2,707,567 | |
Wal-Mart de Mexico SAB de CV | | | 2,278,904 | | | | 9,487,154 | |
| | | | | | | | |
| | |
| | | | | | | 16,398,965 | |
| | |
Netherlands — 2.5% | | | | | | |
ABN AMRO Bank NV(b) | | | 300,004 | | | | 5,101,029 | |
Adyen NV(b)(e) | | | 20,230 | | | | 37,547,176 | |
Argenx SE(e) | | | 1,448 | | | | 729,270 | |
ASML Holding NV | | | 190,314 | | | | 136,315,976 | |
ING Groep NV, Series N | | | 8,194,283 | | | | 119,609,184 | |
Koninklijke Vopak NV | | | 124,541 | | | | 4,695,421 | |
Shell PLC | | | 3,511,025 | | | | 108,002,190 | |
Shell PLC, ADR | | | 654,390 | | | | 40,330,056 | |
| | | | | | | | |
| | |
| | | | | | | 452,330,302 | |
| | | | | | | | |
Security | | Shares | | | Value | |
| | |
Norway — 0.1% | | | | | | |
Equinor ASA | | | 369,976 | | | $ | 11,317,001 | |
| | | | | | | | |
| | |
Peru — 0.0% | | | | | | |
Credicorp Ltd. | | | 8,839 | | | | 1,388,165 | |
Southern Copper Corp. | | | 37,589 | | | | 3,286,782 | |
| | | | | | | | |
| | |
| | | | | | | 4,674,947 | |
| | |
Saudi Arabia — 0.0% | | | | | | |
Dr Sulaiman Al Habib Medical Services Group Co. | | | 12,811 | | | | 986,919 | |
Saudi Arabian Oil Co.(b) | | | 71,956 | | | | 621,828 | |
Saudi Telecom Co. | | | 193,135 | | | | 2,183,904 | |
| | | | | | | | |
| | |
| | | | | | | 3,792,651 | |
| | |
Singapore — 0.1% | | | | | | |
DBS Group Holdings Ltd. | | | 32,600 | | | | 840,983 | |
Genting Singapore Ltd. | | | 2,460,700 | | | | 1,740,516 | |
Keppel Corp. Ltd. | | | 283,500 | | | | 1,574,342 | |
NetLink NBN Trust | | | 516,200 | | | | 333,901 | |
Oversea-Chinese Banking Corp. Ltd. | | | 120,000 | | | | 1,200,930 | |
Seatrium Ltd.(e) | | | 11,269,174 | | | | 1,194,367 | |
Singapore Airlines Ltd. | | | 287,200 | | | | 1,626,995 | |
Singapore Technologies Engineering Ltd. | | | 513,100 | | | | 1,440,530 | |
Singapore Telecommunications Ltd. | | | 1,020,600 | | | | 2,047,390 | |
| | | | | | | | |
| | |
| | | | | | | 11,999,954 | |
| | |
South Africa — 0.0% | | | | | | |
Anglo American Platinum Ltd. | | | 22,358 | | | | 1,117,434 | |
Anglo American PLC | | | 78,727 | | | | 2,420,995 | |
Capitec Bank Holdings Ltd. | | | 21,241 | | | | 2,130,080 | |
Kumba Iron Ore Ltd. | | | 79,506 | | | | 2,180,935 | |
| | | | | | | | |
| | |
| | | | | | | 7,849,444 | |
| | |
South Korea — 0.4% | | | | | | |
Amorepacific Corp. | | | 139,115 | | | | 12,287,555 | |
Celltrion Healthcare Co. Ltd. | | | 25,300 | | | | 1,307,040 | |
DB Insurance Co. Ltd. | | | 12,628 | | | | 746,698 | |
Fila Holdings Corp. | | | 20,577 | | | | 640,064 | |
GS Engineering & Construction Corp. | | | 66,668 | | | | 764,827 | |
Hana Financial Group, Inc. | | | 27,771 | | | | 855,777 | |
Hyundai Infracore Co. Ltd. | | | 607,169 | | | | 5,872,533 | |
Hyundai Marine & Fire Insurance Co. Ltd. | | | 37,803 | | | | 848,746 | |
KB Financial Group, Inc. | | | 107,979 | | | | 4,324,710 | |
Korea Shipbuilding & Offshore Engineering Co. Ltd.(e) | | | 8,588 | | | | 831,294 | |
NCSoft Corp. | | | 27,295 | | | | 5,921,545 | |
Samsung Electronics Co. Ltd. | | | 153,718 | | | | 8,416,464 | |
Samsung Fire & Marine Insurance Co. Ltd. | | | 22,879 | | | | 4,373,242 | |
SK Hynix, Inc. | | | 349,941 | | | | 33,890,025 | |
SK Telecom Co. Ltd. | | | 6,079 | | | | 219,823 | |
| | | | | | | | |
| | |
| | | | | | | 81,300,343 | |
| | |
Spain — 0.5% | | | | | | |
Aena SME SA(b) | | | 8,693 | | | | 1,388,204 | |
Cellnex Telecom SA(b) | | | 2,252,351 | | | | 91,983,939 | |
Endesa SA | | | 45,024 | | | | 964,992 | |
Industria de Diseno Textil SA | | | 102,014 | | | | 3,904,873 | |
| | | | | | | | |
| | |
| | | | | | | 98,242,008 | |
| | |
Sweden — 0.2% | | | | | | |
Assa Abloy AB, Class B | | | 505,383 | | | | 12,150,864 | |
Atlas Copco AB, A Shares | | | 67,871 | | | | 964,168 | |
Epiroc AB, Class A | | | 41,351 | | | | 825,599 | |
Getinge AB, B Shares | | | 23,950 | | | | 446,261 | |
7
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Shares | | | Value | |
| | |
Sweden (continued) | | | | | | |
Hexagon AB, B Shares | | | 603,022 | | | $ | 5,846,785 | |
Industrivarden AB, A Shares | | | 44,476 | | | | 1,262,983 | |
Investor AB, B Shares | | | 74,807 | | | | 1,527,857 | |
Nibe Industrier AB, B Shares | | | 497,192 | | | | 4,478,587 | |
Telefonaktiebolaget LM Ericsson, B Shares | | | 1,024,453 | | | | 5,153,484 | |
Telia Co. AB | | | 2,659,604 | | | | 5,715,439 | |
| | | | | | | | |
| | |
| | | | | | | 38,372,027 | |
| | |
Switzerland — 2.1% | | | | | | |
Alcon, Inc. | | | 843,753 | | | | 71,796,309 | |
Barry Callebaut AG, Registered Shares | | | 660 | | | | 1,237,500 | |
Clariant AG, Registered Shares | | | 249,391 | | | | 4,086,565 | |
Coca-Cola HBC AG, Class DI | | | 105,520 | | | | 3,104,707 | |
Flughafen Zurich AG, Registered Shares | | | 5,386 | | | | 1,140,201 | |
Geberit AG, Registered Shares | | | 2,816 | | | | 1,598,086 | |
Givaudan SA, Registered Shares | | | 187 | | | | 631,213 | |
Kuehne and Nagel International AG, Registered Shares | | | 18,564 | | | | 5,808,600 | |
Lonza Group AG, Registered Shares | | | 33,904 | | | | 19,699,441 | |
Nestle SA, Registered Shares | | | 1,348,596 | | | | 165,228,805 | |
Novartis AG, Registered Shares | | | 152,919 | | | | 16,010,181 | |
Roche Holding AG | | | 101,523 | | | | 31,477,342 | |
STMicroelectronics NV | | | 209,871 | | | | 11,225,235 | |
Swisscom AG, Registered Shares | | | 2,570 | | | | 1,652,653 | |
TE Connectivity Ltd. | | | 360,773 | | | | 51,767,318 | |
VAT Group AG(b) | | | 3,142 | | | | 1,335,497 | |
| | | | | | | | |
| | |
| | | | | | | 387,799,653 | |
| | |
Taiwan — 0.5% | | | | | | |
Chunghwa Telecom Co. Ltd. | | | 868,000 | | | | 3,202,014 | |
Far EasTone Telecommunications Co. Ltd. | | | 527,000 | | | | 1,189,894 | |
MediaTek, Inc. | | | 79,000 | | | | 1,738,388 | |
Oneness Biotech Co. Ltd. | | | 71,841 | | | | 444,494 | |
Quanta Computer, Inc. | | | 205,000 | | | | 1,559,611 | |
Taiwan Mobile Co. Ltd. | | | 379,000 | | | | 1,138,831 | |
Taiwan Semiconductor Manufacturing Co. Ltd. | | | 3,902,000 | | | | 70,460,751 | |
Wiwynn Corp. | | | 45,000 | | | | 2,555,510 | |
| | | | | | | | |
| | |
| | | | | | | 82,289,493 | |
| | |
United Arab Emirates(d) — 0.0% | | | | | | |
Jawbone Health Hub, Inc., (Acquired 01/24/17, Cost: $0)(h) | | | 1,518,232 | | | | 15 | |
NMC Health PLC(e) | | | 1,077,976 | | | | 14 | |
| | | | | | | | |
| | |
| | | | | | | 29 | |
| | |
United Kingdom — 2.4% | | | | | | |
AstraZeneca PLC | | | 380,651 | | | | 54,690,488 | |
AstraZeneca PLC, ADR | | | 302,382 | | | | 21,680,789 | |
Auto Trader Group PLC(b) | | | 753,500 | | | | 6,249,205 | |
BAE Systems PLC | | | 5,135,202 | | | | 61,412,109 | |
Barclays PLC | | | 15,565,995 | | | | 30,887,776 | |
BP PLC | | | 726,231 | | | | 4,505,862 | |
British American Tobacco PLC | | | 87,851 | | | | 2,954,262 | |
Burberry Group PLC | | | 118,934 | | | | 3,394,999 | |
CNH Industrial NV | | | 368,119 | | | | 5,316,734 | |
Compass Group PLC | | | 1,373,523 | | | | 35,735,811 | |
Direct Line Insurance Group PLC | | | 696,402 | | | | 1,344,789 | |
Dowlais Group PLC(e) | | | 326,239 | | | | 514,765 | |
Ferguson PLC | | | 17,074 | | | | 2,745,847 | |
Genius Sports Ltd.(e) | | | 635,957 | | | | 4,985,903 | |
GSK PLC | | | 177,484 | | | | 3,159,420 | |
Kingfisher PLC | | | 497,779 | | | | 1,569,681 | |
Legal & General Group PLC | | | 407,169 | | | | 1,220,230 | |
| | | | | | | | |
Security | | Shares | | | Value | |
| | |
United Kingdom (continued) | | | | | | |
Lloyds Banking Group PLC | | | 11,188,267 | | | $ | 6,463,990 | |
London Stock Exchange Group PLC | | | 103,633 | | | | 11,254,000 | |
National Grid PLC | | | 55,939 | | | | 741,461 | |
NatWest Group PLC | | | 1,240,131 | | | | 3,892,818 | |
Pearson PLC | | | 191,024 | | | | 2,113,022 | |
RELX PLC | | | 1,109,923 | | | | 37,356,353 | |
Salt Pay Co. Ltd., Series C, (Acquired 11/16/21, Cost: $10,172,087)(d)(h) | | | 5,237 | | | | 3,618,715 | |
Spirax-Sarco Engineering PLC | | | 125,739 | | | | 17,958,011 | |
Standard Chartered PLC | | | 110,893 | | | | 1,065,188 | |
Unilever PLC | | | 1,933,851 | | | | 103,911,413 | |
| | | | | | | | |
| | |
| | | | | | | 430,743,641 | |
| | |
United States — 35.4% | | | | | | |
3M Co. | | | 88,548 | | | | 9,873,102 | |
Abbott Laboratories(i) | | | 777,348 | | | | 86,542,153 | |
AbbVie, Inc.(i) | | | 173,682 | | | | 25,979,354 | |
Activision Blizzard, Inc.(e) | | | 109,109 | | | | 10,120,951 | |
Adobe, Inc.(e) | | | 28,019 | | | | 15,303,137 | |
Advance Auto Parts, Inc. | | | 63,048 | | | | 4,690,141 | |
Advanced Micro Devices, Inc.(e) | | | 319,782 | | | | 36,583,061 | |
Air Products and Chemicals, Inc. | | | 231,850 | | | | 70,790,760 | |
Akamai Technologies, Inc.(e) | | | 6,604 | | | | 624,078 | |
Albemarle Corp.(g) | | | 196,423 | | | | 41,696,674 | |
Allstate Corp. | | | 68,047 | | | | 7,667,536 | |
Alphabet, Inc., Class C(e)(i) | | | 2,298,434 | | | | 305,944,550 | |
Amazon.com, Inc.(e)(i) | | | 1,597,981 | | | | 213,618,100 | |
American Airlines Group, Inc.(e) | | | 62,195 | | | | 1,041,766 | |
American International Group, Inc. | | | 63,312 | | | | 3,816,447 | |
American Tower Corp. | | | 308,808 | | | | 58,769,250 | |
AmerisourceBergen Corp. | | | 31,931 | | | | 5,967,904 | |
Amgen, Inc. | | | 13,690 | | | | 3,205,513 | |
ANSYS, Inc.(e) | | | 79,101 | | | | 27,060,452 | |
Aon PLC, Class A | | | 8,188 | | | | 2,607,878 | |
APA Corp. | | | 35,677 | | | | 1,444,562 | |
Apple, Inc.(i) | | | 1,889,337 | | | | 371,160,254 | |
Applied Materials, Inc. | | | 277,114 | | | | 42,007,711 | |
Aptiv PLC(e) | | | 369,957 | | | | 40,506,592 | |
Archer-Daniels-Midland Co. | | | 718,572 | | | | 61,049,877 | |
Assurant, Inc. | | | 22,375 | | | | 3,009,661 | |
Astra Space, Inc. | | | 748,566 | | | | 306,912 | |
AT&T, Inc. | | | 183,100 | | | | 2,658,612 | |
Atlas Energy Solutions, Inc., Class A | | | 73,517 | | | | 1,451,961 | |
Atlassian Corp., Class A(e) | | | 34,927 | | | | 6,354,618 | |
Autodesk, Inc.(e) | | | 43,603 | | | | 9,243,400 | |
Automatic Data Processing, Inc. | | | 9,082 | | | | 2,245,615 | |
AutoZone, Inc.(e) | | | 2,601 | | | | 6,454,954 | |
Ball Corp. | | | 23,107 | | | | 1,356,150 | |
Berkshire Hathaway, Inc., Class B(e) | | | 24,626 | | | | 8,667,367 | |
Booking Holdings, Inc.(e) | | | 7,932 | | | | 23,564,386 | |
Boston Scientific Corp.(e) | | | 1,844,780 | | | | 95,651,843 | |
Bunge Ltd. | | | 401,142 | | | | 43,592,101 | |
Cadence Design Systems, Inc.(e) | | | 152,784 | | | | 35,752,984 | |
California Resources Corp. | | | 96,554 | | | | 5,151,156 | |
Campbell Soup Co. | | | 13,044 | | | | 597,676 | |
Cardinal Health, Inc. | | | 13,593 | | | | 1,243,352 | |
CF Industries Holdings, Inc. | | | 563,009 | | | | 46,211,779 | |
Charter Communications, Inc., Class A(e) | | | 86,854 | | | | 35,192,372 | |
Chesapeake Energy Corp. | | | 38,696 | | | | 3,263,621 | |
Chevron Corp. | | | 30,356 | | | | 4,968,063 | |
Chipotle Mexican Grill, Inc.(e) | | | 5,206 | | | | 10,215,630 | |
Chubb Ltd. | | | 326,286 | | | | 66,696,121 | |
8
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Shares | | | Value | |
|
United States (continued) | |
Cigna Group | | | 27,735 | | | $ | 8,184,598 | |
Cintas Corp. | | | 12,618 | | | | 6,334,741 | |
Cisco Systems, Inc. | | | 112,117 | | | | 5,834,569 | |
Citigroup, Inc. | | | 41,629 | | | | 1,984,038 | |
Clorox Co. | | | 20,640 | | | | 3,126,547 | |
CME Group, Inc., Class A | | | 29,313 | | | | 5,832,114 | |
Coca-Cola Co. | | | 94,684 | | | | 5,863,780 | |
Colgate-Palmolive Co. | | | 90,255 | | | | 6,882,846 | |
Comcast Corp., Class A | | | 853,715 | | | | 38,639,141 | |
ConocoPhillips | | | 533,455 | | | | 62,798,323 | |
Constellation Brands, Inc., Class A | | | 58,201 | | | | 15,877,233 | |
Costco Wholesale Corp. | | | 148,824 | | | | 83,441,152 | |
Crowdstrike Holdings, Inc., Class A(e) | | | 138,328 | | | | 22,362,104 | |
Crown Holdings, Inc. | | | 20,542 | | | | 1,905,476 | |
Crown PropTech Acquisitions(d) | | | 227,312 | | | | 154,572 | |
Cummins, Inc. | | | 2,784 | | | | 726,067 | |
CVS Health Corp. | | | 162,771 | | | | 12,157,366 | |
Davidson Kempner Merchant Co-investment Fund LP, (Acquired 04/01/21, Cost: $4,809,288)(h)(j) | | | — | (k) | | | 23,598,434 | |
Deere & Co. | | | 87,083 | | | | 37,410,857 | |
Dell Technologies, Inc., Class C | | | 34,578 | | | | 1,829,868 | |
Delta Air Lines, Inc. | | | 1,069,490 | | | | 49,474,607 | |
Dexcom, Inc.(e) | | | 176,770 | | | | 22,018,471 | |
Duke Energy Corp | | | 60,866 | | | | 5,698,275 | |
Dynatrace, Inc.(e) | | | 780,074 | | | | 42,662,247 | |
eBay, Inc. | | | 65,588 | | | | 2,919,322 | |
Edison International | | | 44,969 | | | | 3,235,969 | |
Edwards Lifesciences Corp.(e) | | | 368,068 | | | | 30,207,341 | |
Electronic Arts, Inc. | | | 4,226 | | | | 576,215 | |
Element Solutions, Inc. | | | 183,943 | | | | 3,855,445 | |
Eli Lilly & Co. | | | 149,962 | | | | 68,165,227 | |
Enterprise Products Partners LP | | | 171,445 | | | | 4,545,007 | |
EOG Resources, Inc. | | | 41,836 | | | | 5,544,525 | |
Epic Games, Inc., (Acquired 07/02/20, Cost: $23,484,725)(d)(h) | | | 40,843 | | | | 28,810,652 | |
EQT Corp. | | | 162,499 | | | | 6,854,208 | |
Equitrans Midstream Corp. | | | 26,969 | | | | 279,669 | |
Equity Residential | | | 130,221 | | | | 8,586,773 | |
Estee Lauder Cos., Inc., Class A | | | 29,543 | | | | 5,317,740 | |
Eversource Energy | | | 135,497 | | | | 9,800,498 | |
Expedia Group, Inc.(e) | | | 10,261 | | | | 1,257,280 | |
Exxon Mobil Corp. | | | 34,719 | | | | 3,723,266 | |
F5, Inc.(e) | | | 281,436 | | | | 44,534,433 | |
FactSet Research Systems, Inc | | | 5,933 | | | | 2,581,092 | |
Fair Isaac Corp.(e) | | | 5,653 | | | | 4,737,044 | |
Fanatics Holdings, Inc., (Acquired 12/15/21, Cost: $40,652,984)(d)(h) | | | 599,248 | | | | 46,309,885 | |
Fastenal Co. | | | 62,568 | | | | 3,667,110 | |
Fidelity National Information Services, Inc | | | 122,541 | | | | 7,399,026 | |
First Solar, Inc.(e) | | | 72,559 | | | | 15,048,737 | |
Floor & Decor Holdings, Inc., Class A(e)(g) | | | 139,246 | | | | 15,992,403 | |
Ford Motor Co. | | | 1,184,471 | | | | 15,646,862 | |
Formentera Partners Fund II LP(d) | | | 4,990,106 | | | | 5,139,809 | |
Fortinet, Inc.(e) | | | 429,779 | | | | 33,402,424 | |
Fortive Corp. | | | 1,305,915 | | | | 102,318,440 | |
FQT Private(d) | | | 2,439,185 | | | | 3,097,765 | |
Freeport-McMoRan, Inc.(i) | | | 1,222,704 | | | | 54,593,734 | |
General Dynamics Corp | | | 55,018 | | | | 12,300,924 | |
General Mills, Inc. | | | 26,820 | | | | 2,004,527 | |
General Motors Co. | | | 518,760 | | | | 19,904,821 | |
Gilead Sciences, Inc. | | | 102,470 | | | | 7,802,066 | |
| | | | | | | | |
Security | | Shares | | | Value | |
|
United States (continued) | |
Global Payments, Inc. | | | 15,970 | | | $ | 1,760,692 | |
Goldman Sachs Group, Inc. | | | 16,769 | | | | 5,967,584 | |
Grand Rounds, Inc., (Acquired 02/11/22, Cost: $31,181,561)(d)(h) | | | 11,562,554 | | | | 13,759,439 | |
Halliburton Co. | | | 90,095 | | | | 3,520,913 | |
Hartford Financial Services Group, Inc. | | | 93,018 | | | | 6,686,134 | |
HAWKEYE 360(d) | | | 561,818 | | | | 6,278,148 | |
Health Care Select Sector SPDR Fund | | | 42,280 | | | | 5,671,862 | |
Healthpeak Properties, Inc. | | | 355,757 | | | | 7,766,175 | |
Hewlett Packard Enterprise Co. | | | 240,429 | | | | 4,178,656 | |
Hilton Worldwide Holdings, Inc. | | | 255,015 | | | | 39,652,282 | |
Humana, Inc. | | | 226,460 | | | | 103,453,722 | |
IDEX Corp. | | | 5,080 | | | | 1,147,115 | |
iHeartMedia, Inc., Class A(e) | | | 10,778 | | | | 50,980 | |
Illinois Tool Works, Inc. | | | 11,642 | | | | 3,065,571 | |
Informatica, Inc., Class A(e)(g) | | | 332,850 | | | | 6,337,464 | |
Intuit, Inc. | | | 51,496 | | | | 26,350,503 | |
Intuitive Surgical, Inc.(e) | | | 159,148 | | | | 51,627,611 | |
Invesco Ltd. | | | 59,249 | | | | 995,383 | |
Invesco Municipal Opportunity Trust | | | 208,538 | | | | 1,989,453 | |
Invesco Municipal Trust | | | 206,960 | | | | 1,978,538 | |
Invesco Quality Municipal Income Trust | | | 205,405 | | | | 1,961,618 | |
Invesco Trust for Investment Grade Municipals | | | 210,256 | | | | 2,058,406 | |
Invesco Value Municipal Income Trust | | | 175,143 | | | | 2,108,722 | |
Johnson & Johnson | | | 409,338 | | | | 68,576,395 | |
Johnson Controls International PLC | | | 32,733 | | | | 2,276,580 | |
JPMorgan Chase & Co. | | | 395,705 | | | | 62,505,562 | |
Kellogg Co. | | | 20,590 | | | | 1,377,265 | |
Kenvue, Inc.(e)(g) | | | 1,249,585 | | | | 29,590,173 | |
Keurig Dr. Pepper, Inc. | | | 188,332 | | | | 6,405,171 | |
Keysight Technologies, Inc.(e) | | | 68,135 | | | | 10,975,186 | |
Kimberly-Clark Corp. | | | 34,440 | | | | 4,446,204 | |
Kinder Morgan, Inc. | | | 171,122 | | | | 3,030,571 | |
KLA Corp. | | | 74,031 | | | | 38,048,232 | |
Kraft Heinz Co. | | | 14,162 | | | | 512,381 | |
Kroger Co. | | | 61,463 | | | | 2,989,560 | |
Lam Research Corp. | | | 5,699 | | | | 4,094,674 | |
Las Vegas Sands Corp.(e) | | | 92,571 | | | | 5,536,671 | |
Latch, Inc. | | | 520,854 | | | | 906,286 | |
Lennar Corp., Class A | | | 20,054 | | | | 2,543,449 | |
Liberty Media Corp.-Liberty SiriusXM, Class A(e) | | | 456,966 | | | | 14,485,822 | |
Liberty Media Corp.-Liberty SiriusXM, Class C(e) | | | 441,488 | | | | 14,052,563 | |
Lincoln National Corp. | | | 175,775 | | | | 4,928,731 | |
Linde PLC | | | 23,145 | | | | 9,042,057 | |
Lions Gate Entertainment Corp., Class A(e) | | | 407,999 | | | | 3,133,432 | |
Lockheed Martin Corp. | | | 162,763 | | | | 72,652,520 | |
Lookout, Inc., (Acquired 03/04/15, Cost: $2,002,652)(d)(h) | | | 175,316 | | | | 468,094 | |
Lowe’s Cos., Inc. | | | 27,053 | | | | 6,337,706 | |
LPL Financial Holdings, Inc. | | | 393,772 | | | | 90,315,546 | |
LyondellBasell Industries NV, Class A | | | 88,967 | | | | 8,795,278 | |
M/I Homes, Inc.(e) | | | 76,611 | | | | 7,661,100 | |
Marathon Oil Corp. | | | 126,787 | | | | 3,330,694 | |
Marathon Petroleum Corp. | | | 55,960 | | | | 7,443,799 | |
MarketAxess Holdings, Inc. | | | 22,208 | | | | 5,978,838 | |
Marsh & McLennan Cos., Inc. | | | 768,284 | | | | 144,760,071 | |
Masco Corp | | | 108,828 | | | | 6,603,683 | |
Masimo Corp.(e)(g) | | | 57,174 | | | | 6,992,380 | |
Mastercard, Inc., Class A | | | 360,014 | | | | 141,946,320 | |
McDonald’s Corp. | | | 174,082 | | | | 51,040,842 | |
McKesson Corp. | | | 24,193 | | | | 9,735,263 | |
9
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Shares | | | Value | |
|
United States (continued) | |
Merck & Co., Inc. | | | 860,102 | | | $ | 91,729,878 | |
Meritage Homes Corp.(g) | | | 45,998 | | | | 6,851,402 | |
Meta Platforms, Inc., Class A(e) | | | 30,972 | | | | 9,867,679 | |
MetLife, Inc. | | | 156,005 | | | | 9,823,635 | |
Mettler-Toledo International, Inc.(e) | | | 4,429 | | | | 5,569,335 | |
MGM Resorts International | | | 209,971 | | | | 10,660,228 | |
Microchip Technology, Inc. | | | 46,631 | | | | 4,380,516 | |
Micron Technology, Inc. | | | 604,110 | | | | 43,127,413 | |
Microsoft Corp.(i) | | | 1,358,653 | | | | 456,398,716 | |
Mirion Technologies, Inc. | | | 2,672,710 | | | | 20,178,960 | |
Mirion Technologies, Inc.(e) | | | 223,121 | | | | 1,684,564 | |
Moderna, Inc.(e)(g) | | | 26,353 | | | | 3,100,694 | |
Moody’s Corp. | | | 13,729 | | | | 4,842,905 | |
Morgan Stanley | | | 44,000 | | | | 4,028,640 | |
Mr. Cooper Group, Inc.(e) | | | 106,908 | | | | 6,197,457 | |
Nasdaq, Inc. | | | 73,553 | | | | 3,713,691 | |
Netflix, Inc.(e) | | | 2,601 | | | | 1,141,761 | |
NextEra Energy, Inc. | | | 1,369,829 | | | | 100,408,466 | |
NIKE, Inc., Class B | | | 117,838 | | | | 13,008,137 | |
Northrop Grumman Corp. | | | 215,484 | | | | 95,890,380 | |
Nucor Corp. | | | 14,060 | | | | 2,419,585 | |
Nuveen Municipal Value Fund, Inc. | | | 324,048 | | | | 2,832,180 | |
NVIDIA Corp.(i) | | | 184,755 | | | | 86,334,164 | |
NVR, Inc.(e) | | | 381 | | | | 2,402,754 | |
Omnicom Group, Inc. | | | 10,098 | | | | 854,493 | |
Opendoor Technologies, Inc.(e)(g) | | | 744,088 | | | | 3,802,290 | |
Otis Worldwide Corp. | | | 152,288 | | | | 13,852,116 | |
PACCAR, Inc. | | | 8,188 | | | | 705,232 | |
Palo Alto Networks, Inc.(e) | | | 122,551 | | | | 30,632,848 | |
Park Hotels & Resorts, Inc. | | | 134,442 | | | | 1,832,444 | |
Paycom Software, Inc. | | | 23,651 | | | | 8,721,543 | |
Peloton Interactive, Inc., Class A(e) | | | 511,875 | | | | 4,970,306 | |
PepsiCo, Inc. | | | 71,612 | | | | 13,424,386 | |
Pfizer, Inc. | | | 741,895 | | | | 26,752,734 | |
Phillips 66 | | | 33,954 | | | | 3,787,569 | |
Playstudios, Inc. | | | 831,348 | | | | 4,098,546 | |
Progressive Corp. | | | 277,772 | | | | 34,993,717 | |
Proof Acquisition Corp.(d) | | | 108,512 | | | | 122,619 | |
Public Service Enterprise Group, Inc. | | | 51,701 | | | | 3,263,367 | |
Public Storage. | | | 5,730 | | | | 1,614,427 | |
Rockwell Automation, Inc. | | | 104,467 | | | | 35,131,207 | |
Rollins, Inc. | | | 197,882 | | | | 8,079,522 | |
Royal Caribbean Cruises Ltd.(e) | | | 36,634 | | | | 3,997,136 | |
RTX Corp. | | | 21,964 | | | | 1,931,295 | |
RXO, Inc.(e) | | | 51,978 | | | | 1,146,115 | |
S&P Global, Inc. | | | 61,056 | | | | 24,087,203 | |
Salesforce, Inc.(e) | | | 331,143 | | | | 74,510,486 | |
Sarcos Technology & Robotics Corp. | | | 27,356 | | | | 49,241 | |
Sarcos Technology & Robotics Corp., Founder Shares | | | 14,506 | | | | 22,050 | |
Sarcos Technology & Robotics Corp., Legended | | | 593,428 | | | | 1,068,170 | |
Schlumberger NV | | | 206,546 | | | | 12,049,894 | |
Sealed Air Corp. | | | 58,822 | | | | 2,683,460 | |
Sempra | | | 716,095 | | | | 106,712,477 | |
ServiceNow, Inc.(e) | | | 2,519 | | | | 1,468,577 | |
Snorkel AI, Inc., (Acquired 06/30/21, Cost: $1,060,929)(d)(h) | | | 70,636 | | | | 781,941 | |
Sonder Holdings, Inc., Class A | | | 830,701 | | | | 490,114 | |
Starbucks Corp. | | | 451,994 | | | | 45,909,031 | |
Sun Country Airlines Holdings, Inc. | | | 963,151 | | | | 20,765,536 | |
| | | | | | | | | | | | |
Security | | | | | Shares | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Symbotic Corp., Class A | | | | | | | 87,168 | | | $ | 6,094,828 | |
Synchrony Financial | | | | | | | 70,258 | | | | 2,426,711 | |
Tapestry, Inc. | | | | | | | 87,796 | | | | 3,788,397 | |
Tesla, Inc.(e) | | | | | | | 357,780 | | | | 95,681,105 | |
Texas Capital Bancshares, Inc.(e)(g) | | | | | | | 19,968 | | | | 1,274,957 | |
Texas Instruments, Inc. | | | | | | | 5,547 | | | | 998,460 | |
Thermo Fisher Scientific, Inc. | | | | | | | 159,217 | | | | 87,355,999 | |
TJX Cos., Inc. | | | | | | | 471,754 | | | | 40,820,874 | |
TransDigm Group, Inc. | | | | | | | 13,922 | | | | 12,525,902 | |
Transocean Ltd.(e)(g) | | | | | | | 834,174 | | | | 7,340,731 | |
Travelers Cos., Inc. | | | | | | | 32,489 | | | | 5,607,926 | |
Uber Technologies, Inc.(e) | | | | | | | 318,600 | | | | 15,757,956 | |
UDR, Inc. | | | | | | | 16,214 | | | | 662,828 | |
United Airlines Holdings, Inc.(e) | | | | | | | 547,717 | | | | 29,746,510 | |
United Parcel Service, Inc., Class B | | | | | | | 343,598 | | | | 64,297,494 | |
United Rentals, Inc. | | | | | | | 7,822 | | | | 3,634,727 | |
UnitedHealth Group, Inc. | | | | | | | 307,068 | | | �� | 155,490,023 | |
Valero Energy Corp. | | | | | | | 392,125 | | | | 50,548,834 | |
VeriSign, Inc.(e) | | | | | | | 106,546 | | | | 22,475,879 | |
Verisk Analytics, Inc. | | | | | | | 83,851 | | | | 19,196,848 | |
Vertex Pharmaceuticals, Inc.(e) | | | | | | | 1,890 | | | | 665,923 | |
VF Corp. | | | | | | | 133,228 | | | | 2,639,247 | |
Visa, Inc., Class A | | | | | | | 163,628 | | | | 38,899,284 | |
Vulcan Materials Co | | | | | | | 181,863 | | | | 40,100,791 | |
Walgreens Boots Alliance, Inc | | | | | | | 44,105 | | | | 1,321,827 | |
Walmart, Inc. | | | | | | | 300,630 | | | | 48,058,712 | |
Walt Disney Co.(e) | | | | | | | 790,602 | | | | 70,276,612 | |
Waters Corp.(e) | | | | | | | 3,901 | | | | 1,077,495 | |
WEC Energy Group, Inc | | | | | | | 49,755 | | | | 4,470,984 | |
Wells Fargo & Co. | | | | | | | 1,001,436 | | | | 46,226,286 | |
West Pharmaceutical Services, Inc | | | | | | | 2,292 | | | | 843,548 | |
Western Digital Corp.(e) | | | | | | | 60,630 | | | | 2,580,413 | |
Whirlpool Corp. | | | | | | | 5,528 | | | | 797,469 | |
Williams Cos., Inc. | | | | | | | 135,320 | | | | 4,661,774 | |
Willis Towers Watson PLC | | | | | | | 35,293 | | | | 7,458,470 | |
Workday, Inc., Class A(e) | | | | | | | 5,019 | | | | 1,190,155 | |
Xcel Energy, Inc. | | | | | | | 16,092 | | | | 1,009,451 | |
Yum! Brands, Inc. | | | | | | | 26,597 | | | | 3,661,609 | |
Zoetis, Inc. | | | | | | | 153,521 | | | | 28,875,765 | |
Zscaler, Inc.(e) | | | | | | | 97,772 | | | | 15,680,673 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 6,485,894,581 | |
| | | | | | | | | | | | |
| | |
Total Common Stocks — 58.3% (Cost: $7,793,480,176) | | | | | | | | 10,678,499,369 | |
| | | | | | | | | | | | |
| | | |
| | | | | Par (000) | | | | |
| | | |
Corporate Bonds | | | | | | | | | | | | |
| | | |
Australia(d) — 0.5% | | | | | | | | | |
Oceana Australian Fixed Income Trust | | | | | | | | | | | | |
10.00%, 08/31/23 | | | AUD | | | | 7,008 | | | | 4,719,042 | |
10.25%, 08/31/25 | | | | | | | 13,002 | | | | 8,810,297 | |
Oceana Australian Fixed Income Trust, A Note Upsize | | | | | | | | | | | | |
8.00%, 01/21/24 | | | | | | | 1,940 | | | | 1,286,809 | |
8.00%, 03/28/26 | | | | | | | 10,036 | | | | 6,488,386 | |
10
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Australia (continued) | | | | | | | | | |
Quintis Australia Pty. Ltd.(b)(f)(l) | | | | | | | | | | | | |
(12.00% PIK), 12.00%, 10/01/28(a) | | | USD | | | | 82,685 | | | $ | 8 | |
(7.50% Cash or 8.00% PIK), 7.50%, 10/01/26 | | | | | | | 92,389 | | | | 59,129,079 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 80,433,621 | |
| | | |
Austria — 0.1% | | | | | | | | | |
Benteler International AG, 9.38%, 05/15/28(b) | | | EUR | | | | 7,883 | | | | 8,799,972 | |
Klabin Austria GmbH, 3.20%, 01/12/31(b) | | | USD | | | | 1,244 | | | | 1,003,000 | |
Suzano Austria GmbH, 3.13%, 01/15/32 | | | | | | | 1,692 | | | | 1,356,612 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 11,159,584 | |
| | | |
Bahamas — 0.0% | | | | | | | | | |
Intercorp Peru Ltd., 3.88%, 08/15/29(b) | | | | | | | 793 | | | | 676,286 | |
| | | | | | | | | | | | |
| | | |
Belgium(c) — 0.0% | | | | | | | | | |
Anheuser-Busch InBev SA, 4.00%, 09/24/25 | | | GBP | | | | 1,100 | | | | 1,365,946 | |
KBC Group NV, (1-year UK Government Bond + 0.92%), 1.25%, 09/21/27(a) | | | | | | | 1,100 | | | | 1,211,188 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 2,577,134 | |
| | | |
Bermuda — 0.0% | | | | | | | | | |
Star Energy Geothermal Darajat II/Star Energy Geothermal Salak, 4.85%, 10/14/38(c) | | | USD | | | | 1,360 | | | | 1,216,370 | |
| | | | | | | | | | | | |
| | | |
Brazil — 0.0% | | | | | | | | | |
Azul Secured Finance LLP, 11.93%, 08/28/28(b) | | | | | | | 962 | | | | 963,203 | |
Banco do Brasil SA, 6.25%, 04/18/30(b) | | | | | | | 1,405 | | | | 1,399,204 | |
Banco Votorantim SA, 4.50%, 09/24/24(c) | | | | | | | 1,005 | | | | 979,172 | |
Braskem Netherlands Finance BV, (5-year CMT + 8.22%), 8.50%, 01/23/81(a)(b) | | | | | | | 829 | | | | 833,000 | |
BRF SA, 4.88%, 01/24/30(c) | | | | | | | 1,659 | | | | 1,378,297 | |
Suzano Austria GmbH, 3.75%, 01/15/31 | | | | | | | 1,421 | | | | 1,215,026 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 6,767,902 | |
| | | |
British Virgin Islands — 0.0% | | | | | | | | | |
China Cinda 2020 I MNGMN Co., 5.75%, 02/07/27 | | | | | | | 410 | | | | 408,860 | |
Easy Tactic Ltd., (6.50% Cash or 7.50% PIK), 7.50%, 07/11/28(l) | | | | | | | 1,686 | | | | 101,132 | |
HKT Capital No. 6 Ltd., 3.00%, 01/18/32(c) | | | | | | | 900 | | | | 754,425 | |
New Metro Global Ltd., 4.50%, 05/02/26(c) | | | | | | | 543 | | | | 218,422 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,482,839 | |
| | | |
Canada — 0.4% | | | | | | | | | |
First Quantum Minerals Ltd.(b) | | | | | | | | | | | | |
7.50%, 04/01/25 | | | | | | | 3,556 | | | | 3,537,971 | |
6.88%, 03/01/26 | | | | | | | 2,370 | | | | 2,320,941 | |
6.88%, 10/15/27 | | | | | | | 5,294 | | | | 5,178,194 | |
8.63%, 06/01/31 | | | | | | | 570 | | | | 583,537 | |
Garda World Security Corp., 7.75%, 02/15/28(b) | | | | | | | 798 | | | | 793,803 | |
HR Ottawa LP, 11.00%, 03/31/31(b) | | | | | | | 49,069 | | | | 48,218,099 | |
Rogers Communications, Inc. (m) 2.95%, 03/15/25 | | | | | | | 7,694 | | | | 7,331,323 | |
3.80%, 03/15/32 | | | | | | | 2,034 | | | | 1,767,699 | |
Toronto-Dominion Bank, 2.88%, 04/05/27(c) | | | GBP | | | | 1,100 | | | | 1,265,561 | |
TotalEnergies Capital Canada Ltd., 2.13%, 09/18/29(c) | | | EUR | | | | 5,300 | | | | 5,320,792 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 76,317,920 | |
| | | |
Cayman Islands — 0.2% | | | | | | | | | |
Agile Group Holdings Ltd., 5.50%, 04/21/25(c) | | | USD | | | | 905 | | | | 186,647 | |
China SCE Group Holdings Ltd.(c) 7.38%, 04/09/24 | | | | | | | 339 | | | | 65,430 | |
7.00%, 05/02/25 | | | | | | | 314 | | | | 38,456 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Cayman Islands (continued) | | | | | | | | | |
CK Hutchison International 23 Ltd.(c) | | | | | | | | | | | | |
4.75%, 04/21/28 | | | USD | | | | 480 | | | $ | 473,664 | |
4.88%, 04/21/33 | | | | | | | 405 | | | | 398,573 | |
Fantasia Holdings Group Co. Ltd., 9.88%, 10/19/23(a)(c)(e)(n) | | | | | | | 481 | | | | 25,252 | |
IHS Holding Ltd. | | | | | | | | | | | | |
5.63%, 11/29/26(c) | | | | | | | 1,377 | | | | 1,199,574 | |
6.25%, 11/29/28(b) | | | | | | | 1,244 | | | | 1,023,812 | |
Jingrui Holdings Ltd., 12.00%, 07/25/22(a)(c)(e)(n) | | | | | | | 1,269 | | | | 61,761 | |
Liberty Costa Rica Senior Secured Finance, | | | | | | | | | | | | |
10.88%, 01/15/31(b) | | | | | | | 837 | | | | 842,524 | |
MAF Global Securities Ltd., (5-year CMT + 3.54%), 6.38%(a)(c)(o) | | | | | | | 829 | | | | 805,954 | |
Melco Resorts Finance Ltd., 5.38%, 12/04/29(c) | | | | | | | 1,234 | | | | 1,045,753 | |
MGM China Holdings Ltd., 5.38%, 05/15/24(c) | | | | | | | 400 | | | | 394,576 | |
Modern Land China Co. Ltd.(c)(e)(l)(n) | | | | | | | | | | | | |
(2.00% Cash or 2.00% PIK), 7.00%, 12/30/23 | | | | | | | 157 | | | | 5,486 | |
(2.00% Cash or 8.00% PIK), 8.00%, 12/30/24 | | | | | | | 617 | | | | 21,611 | |
(2.00% Cash or 9.00% PIK), 9.00%, 12/30/25(a) | | | | | | | 1,131 | | | | 39,575 | |
(2.00% Cash or 9.00% PIK), 9.00%, 12/30/26 | | | | | | | 344 | | | | 12,041 | |
(2.00% Cash or 9.00% PIK), 9.00%, 12/30/27(a) | | | | | | | 1,703 | | | | 59,619 | |
Ronshine China Holdings Ltd.(a)(c)(e)(n) | | | | | | | | | | | | |
6.75%, 08/05/24 | | | | | | | 200 | | | | 8,000 | |
7.10%, 01/25/25 | | | | | | | 2,778 | | | | 111,120 | |
Sands China Ltd.(a) | | | | | | | | | | | | |
4.30%, 01/08/26 | | | | | | | 511 | | | | 484,556 | |
4.88%, 06/18/30 | | | | | | | 800 | | | | 729,000 | |
Seagate HDD Cayman(b) | | | | | | | | | | | | |
8.25%, 12/15/29 | | | | | | | 2,422 | | | | 2,538,571 | |
8.50%, 07/15/31 | | | | | | | 3,134 | | | | 3,271,959 | |
9.63%, 12/01/32 | | | | | | | 5,055 | | | | 5,596,560 | |
Shelf Drilling North Sea Holdings Ltd., 10.25%, 10/31/25(b) | | | | | | | 4,823 | | | | 4,824,543 | |
Sinic Holdings Group Co. Ltd., 8.50%, 01/24/22(a)(c)(e)(n) | | | | | | | 490 | | | | 4,900 | |
Transocean Titan Financing Ltd., 8.38%, 02/01/28(b) | | | | | | | 1,405 | | | | 1,450,662 | |
Transocean, Inc., 8.75%, 02/15/30(b) | | | | | | | 1,507 | | | | 1,564,613 | |
Vantage Drilling International, 9.50%, 02/15/28(b) | | | | | | | 4,464 | | | | 4,475,160 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 31,759,952 | |
| | | |
Chile — 0.0% | | | | | | | | | |
Empresa Nacional del Petroleo, 3.75%, 08/05/26(c) | | | | 1,161 | | | | 1,092,989 | |
Empresa Nacional del Petroleo ENAP, 6.15%, 05/10/33(b) | | | | | | | 920 | | | | 924,480 | |
Engie Energia Chile SA, 3.40%, 01/28/30(c) | | | | | | | 1,152 | | | | 958,683 | |
Kenbourne Invest SA, 6.88%, 11/26/24(b) | | | | | | | 1,290 | | | | 1,120,133 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 4,096,285 | |
| | | |
China — 0.0% | | | | | | | | | |
China Evergrande Group(a)(e)(n) | | | | | | | | | | | | |
11.50%, 01/22/23 | | | | | | | 2,277 | | | | 119,542 | |
10.00%, 04/11/23 | | | | | | | 1,139 | | | | 52,645 | |
Fantasia Holdings Group Co. Ltd.(a)(e)(n) | | | | | | | | | | | | |
11.75%, 04/17/22(c) | | | | | | | 2,110 | | | | 110,775 | |
7.95%, 07/05/22 | | | | | | | 510 | | | | 29,631 | |
10.88%, 01/09/23 | | | | | | | 3,132 | | | | 164,430 | |
9.25%, 07/28/23 | | | | | | | 902 | | | | 47,355 | |
Fortune Star BVI Ltd.(c) | | | | | | | | | | | | |
6.85%, 07/02/24 | | | | | | | 732 | | | | 691,403 | |
11
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
China (continued) | | | | | | | | | |
Fortune Star BVI Ltd.(c) (continued) | | | | | | | | | | | | |
5.00%, 05/18/26 | | | USD | | | | 579 | | | $ | 447,764 | |
RKPF Overseas Ltd., Series 2019-A, 6.00%, 09/04/25(c) | | | | | | | 877 | | | | 475,413 | |
Sinic Holdings Group Co. Ltd., 10.50%, 06/18/22(a)(e)(n) | | | | | | | 1,188 | | | | 11,880 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,150,838 | |
| | | |
Colombia — 0.1% | | | | | | | | | |
Ecopetrol SA | | | | | | | | | | | | |
4.13%, 01/16/25 | | | | | | | 2,269 | | | | 2,183,345 | |
8.88%, 01/13/33 | | | | | | | 1,785 | | | | 1,823,601 | |
5.88%, 05/28/45 | | | | | | | 1,132 | | | | 809,380 | |
Millicom International Cellular SA, 5.13%, 01/15/28(c) | | | | | | | 1,493 | | | | 1,330,352 | |
SURA Asset Management SA, 4.88%, 04/17/24(c) | | | | | | | 2,153 | | | | 2,111,275 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 8,257,953 | |
| | | |
Dominican Republic — 0.0% | | | | | | | | | |
Aeropuertos Dominicanos Siglo XXI SA, 6.75%, 03/30/29(b) | | | | | | | 1,244 | | | | 1,221,397 | |
| | | | | | | | | | | | |
| | | |
France — 0.2% | | | | | | | | | |
BNP Paribas SA(c) 3.38%, 01/23/26 | | | GBP | | | | 1,100 | | | | 1,323,926 | |
1.88%, 12/14/27 | | | | | | | 1,100 | | | | 1,182,332 | |
(3-mo. EURIBOR + 1.80%), 2.13%, 01/23/27(a) | | | EUR | | | | 3,500 | | | | 3,644,440 | |
Forvia, 2.75%, 02/15/27(c) | | | | | | | 12,215 | | | | 12,423,118 | |
Sabena Technics Sas, (Acquired 10/28/22, Cost: $8,148,343), 8.60%, 09/30/29(d)(h) | | | | | | | 8,303 | | | | 9,129,152 | |
Societe Generale SA, 1.88%, 10/03/24(c) | | | GBP | | | | 1,100 | | | | 1,340,975 | |
TotalEnergies Capital International SA, 1.66%, 07/22/26(c) | | | | | | | 1,100 | | | | 1,268,723 | |
WPP Finance SA, 2.25%, 09/22/26(c) | | | EUR | | | | 1,731 | | | | 1,809,786 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 32,122,452 | |
| | | |
Germany — 0.4% | | | | | | | | | |
Adler Pelzer Holding GmbH, 9.50%, 04/01/27(b) | | | | | | | 17,974 | | | | 18,255,970 | |
APCOA Parking Holdings GmbH, (3-mo. EURIBOR + 5.00%), 8.66%, 01/15/27(a)(b) | | | | | | | 9,529 | | | | 10,293,265 | |
Bayer AG, 0.05%, 01/12/25(c) | | | | | | | 3,600 | | | | 3,736,479 | |
Douglas GmbH, 6.00%, 04/08/26(b) | | | | | | | 8,152 | | | | 8,443,266 | |
Project Champion, 10.25%, 06/20/30(d) | | | | | | | 9,500 | | | | 10,249,405 | |
TK Elevator Midco GmbH, 4.38%, 07/15/27(c) | | | | | | | 12,215 | | | | 12,219,996 | |
Volkswagen Bank GmbH, 2.50%, 07/31/26(c) | | | | | | | 6,100 | | | | 6,376,286 | |
Volkswagen Financial Services AG, 0.88%, 01/31/28(c) | | | | | | | 3,928 | | | | 3,729,714 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 73,304,381 | |
| | | |
Hong Kong — 0.0% | | | | | | | | | |
AIA Group Ltd.(c) 4.95%, 04/04/33 | | | USD | | | | 500 | | | | 498,073 | |
(5-year CMT + 1.76%), 2.70%(a)(o) | | | | | | | 1,000 | | | | 882,770 | |
Bank of East Asia Ltd., (5-year CMT + 4.26%), 5.88%(a)(c)(o) | | | | | | | 733 | | | | 676,193 | |
Yango Justice International Ltd.(a)(e)(n) | | | | | | | | | | | | |
10.25%, 09/15/22 | | | | | | | 503 | | | | 5,030 | |
9.25%, 04/15/23(c) | | | | | | | 1,154 | | | | 11,540 | |
7.88%, 09/04/24(c) | | | | | | | 1,223 | | | | 12,230 | |
Yanlord Land HK Co. Ltd., 5.13%, 05/20/26(c) | | | | | | | 464 | | | | 329,440 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,415,276 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
India — 0.0% | | | | | | | | | |
Indian Railway Finance Corp. Ltd., 3.25%, 02/13/30(c) | | | USD | | | | 660 | | | $ | 577,632 | |
Power Finance Corp. Ltd., 4.50%, 06/18/29(c) | | | | | | | 500 | | | | 465,405 | |
REC Ltd.(c) | | | | | | | | | | | | |
2.75%, 01/13/27 | | | | | | | 500 | | | | 451,650 | |
5.63%, 04/11/28 | | | | | | | 300 | | | | 297,049 | |
REI Agro Ltd.(e)(n) | | | | | | | | | | | | |
5.50%, 11/13/21 | | | | | | | 44,430 | | | | 222,150 | |
5.50%, 11/13/21(d) | | | | | | | 8,271 | | | | 1 | |
ReNew Power Pvt Ltd., 5.88%, 03/05/27(c) | | | | | | | 286 | | | | 268,445 | |
Shriram Finance Ltd., 4.40%, 03/13/24 | | | | | | | 703 | | | | 689,573 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,971,905 | |
| | | |
Indonesia(c) — 0.0% | | | | | | | | | |
Bank Negara Indonesia Persero Tbk PT, 3.75%, 03/30/26 | | | | | | | 722 | | | | 668,189 | |
Freeport Indonesia PT, 4.76%, 04/14/27 | | | | | | | 2,217 | | | | 2,144,682 | |
Pertamina Geothermal Energy PT, 5.15%, 04/27/28 | | | | | | | 510 | | | | 507,506 | |
Pertamina Persero PT, 3.65%, 07/30/29 | | | | | | | 2,307 | | | | 2,130,099 | |
Star Energy Geothermal Wayang Windu Ltd., 6.75%, 04/24/33 | | | | | | | 392 | | | | 386,066 | |
Theta Capital Pte. Ltd., 8.13%, 01/22/25 | | | | | | | 666 | | | | 553,526 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 6,390,068 | |
| | | |
Ireland — 0.0% | | | | | | | | | |
Dell Bank International DAC, 0.50%, 10/27/26(c) | | | EUR | | | | 1,880 | | | | 1,845,575 | |
| | | | | | | | | | | | |
| | | |
Isle of Man — 0.0% | | | | | | | | | |
AngloGold Ashanti Holdings PLC, 3.75%, 10/01/30 | | | USD | | | | 1,869 | | | | 1,602,200 | |
Gohl Capital Ltd., 4.25%, 01/24/27(c) | | | | | | | 1,362 | | | | 1,272,367 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,874,567 | |
| | | |
Israel — 0.1% | | | | | | | | | |
Bank Leumi Le-Israel BM, (5-year CMT + 3.47%), 7.13%, 07/18/33(a)(b)(c) | | | | | | | 929 | | | | 913,003 | |
Energean Israel Finance Ltd., 8.50%, 09/30/33(b) | | | | | | | 2,088 | | | | 2,095,308 | |
Leviathan Bond Ltd., 6.75%, 06/30/30(b)(c) | | | | | | | 1,657 | | | | 1,551,996 | |
Teva Pharmaceutical Finance Netherlands II BV, 3.75%, 05/09/27 | | | EUR | | | | 3,952 | | | | 3,935,253 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 8,495,560 | |
| | | |
Italy — 0.5% | | | | | | | | | |
Azzurra Aeroporti SpA, 2.13%, 05/30/24(c) | | | | | | | 16,182 | | | | 17,294,683 | |
Castor SpA(b) 6.00%, 02/15/29 | | | | | | | 2,764 | | | | 2,620,814 | |
(3-mo. EURIBOR + 5.25%), 8.78%, 02/15/29(a) | | | | | | | 8,819 | | | | 9,189,367 | |
Forno d’Asolo SpA, (3-mo. EURIBOR + 5.50%), 9.10%, 04/30/27(a)(b) | | | | | | | 21,390 | | | | 20,754,911 | |
Marcolin SpA, 6.13%, 11/15/26(b) | | | | | | | 10,346 | | | | 10,452,383 | |
Shiba Bidco SpA, 4.50%, 10/31/28(b) | | | | | | | 9,744 | | | | 9,572,541 | |
Taurus Law130 Securities Srl, (Acquired 07/14/23, Cost: $11,026,544), 6.61%, 08/15/27(d)(h) | | | | | | | 10,182 | | | | 10,796,042 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 80,680,741 | |
| | | |
Japan — 0.1% | | | | | | | | | |
Nissan Motor Co. Ltd., 2.65%, 03/17/26(c) | | | | | | | 2,157 | | | | 2,245,642 | |
Rakuten Group, Inc., 10.25%, 11/30/24(b) | | | USD | | | | 1,960 | | | | 1,955,484 | |
Takeda Pharmaceutical Co. Ltd., 5.00%, 11/26/28 | | | | | | | 4,407 | | | | 4,397,990 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 8,599,116 | |
| | | |
Jersey — 0.0% | | | | | | | | | |
| | | |
Aptiv PLC/Aptiv Corp., 3.25%, 03/01/32 | | | | | | | 2,034 | | | | 1,741,212 | |
| | | | | | | | | | | | |
| | | |
Luxembourg — 0.1% | | | | | | | | | |
| | | |
Atento Luxco 1 SA, 8.00%, 02/10/26(b) | | | | | | | 829 | | | | 9,923 | |
12
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Luxembourg (continued) | | | | | | | | | |
Becton Dickinson Euro Finance SARL, 3.55%, 09/13/29 | | | EUR | | | | 5,830 | | | $ | 6,311,500 | |
Herens Midco SARL, 5.25%, 05/15/29(b) | | | | | | | 12,016 | | | | 6,965,154 | |
MC Brazil Downstream Trading SARL | | | | | | | | | | | | |
7.25%, 06/30/31(c) | | | USD | | | | 1,635 | | | | 1,052,466 | |
7.25%, 06/30/31(b) | | | | | | | 801 | | | | 515,658 | |
MHP Lux SA(c) | | | | | | | | | | | | |
6.95%, 04/03/26 | | | | | | | 676 | | | | 391,803 | |
6.25%, 09/19/29 | | | | | | | 277 | | | | 152,181 | |
Sani/Ikos Financial Holdings 1 SARL, 5.63%, 12/15/26(b) | | | EUR | | | | 8,042 | | | | 8,178,134 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 23,576,819 | |
| | | |
Macau(c) — 0.0% | | | | | | | | | |
Champion Path Holdings Ltd., 4.50%, 01/27/26 | | | USD | | | | 371 | | | | 332,308 | |
MGM China Holdings Ltd., 5.88%, 05/15/26 | | | | | | | 796 | | | | 769,036 | |
Studio City Finance Ltd., 5.00%, 01/15/29 | | | | | | | 1,334 | | | | 1,018,842 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,120,186 | |
| | | |
Malaysia — 0.0% | | | | | | | | | |
CIMB Bank Bhd, 2.13%, 07/20/27(c) | | | | | | | 700 | | | | 625,758 | |
Dua Capital Ltd., 2.78%, 05/11/31(c) | | | | | | | 1,000 | | | | 856,490 | |
Khazanah Capital Ltd., 4.88%, 06/01/33 | | | | | | | 1,240 | | | | 1,234,234 | |
Khazanah Global Sukuk Bhd, 4.69%, 06/01/28(c) | | | | | | | 1,250 | | | | 1,232,500 | |
TNB Global Ventures Capital Bhd, 4.85%, 11/01/28(c) | | | | | | | 1,000 | | | | 985,900 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 4,934,882 | |
| | | |
Mauritius — 0.0% | | | | | | | | | |
CA Magnum Holdings, 5.38%, 10/31/26(c) | | | | | | | 475 | | | | 435,813 | |
Diamond II Ltd., 7.95%, 07/28/26(b) | | | | | | | 800 | | | | 796,264 | |
HTA Group Ltd., 7.00%, 12/18/25(b) | | | | | | | 459 | | | | 437,638 | |
India Green Energy Holdings, 5.38%, 04/29/24(b) | | | | | | | 829 | | | | 813,456 | |
India Green Power Holdings, 4.00%, 02/22/27(c) | | | | | | | 600 | | | | 535,794 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 3,018,965 | |
| | | |
Mexico — 0.1% | | | | | | | | | |
Braskem Idesa SAPI, 6.99%, 02/20/32(b) | | | | | | | 1,753 | | | | 1,113,190 | |
Comision Federal de Electricidad, 4.88%, 01/15/24 | | | | | | | 2,190 | | | | 2,167,312 | |
FEL Energy VI SARL, 5.75%, 12/01/40 | | | | | | | 1,738 | | | | 1,524,459 | |
Petroleos Mexicanos | | | | | | | | | | | | |
3.75%, 02/21/24(c) | | | EUR | | | | 436 | | | | 470,888 | |
4.25%, 01/15/25 | | | USD | | | | 1,007 | | | | 953,266 | |
6.50%, 03/13/27 | | | | | | | 2,074 | | | | 1,836,423 | |
8.75%, 06/02/29 | | | | | | | 2,221 | | | | 2,021,443 | |
5.95%, 01/28/31 | | | | | | | 2,489 | | | | 1,841,860 | |
6.70%, 02/16/32 | | | | | | | 2,863 | | | | 2,204,224 | |
Trust Fibra Uno, 4.87%, 01/15/30(c) | | | | | | | 1,515 | | | | 1,369,939 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 15,503,004 | |
| | | |
MultiNational — 0.2% | | | | | | | | | |
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC, 2.00%, 09/01/28(c) | | | EUR | | | | 12,215 | | | | 11,258,756 | |
Connect Finco SARL/Connect U.S. Finco LLC, 6.75%, 10/01/26(b) | | | USD | | | | 14,621 | | | | 14,017,428 | |
NXP BV/NXP Funding LLC/NXP USA, Inc. 4.40%, 06/01/27 | | | | | | | 4,641 | | | | 4,487,801 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
MultiNational (continued) | | | | | | | | | |
NXP BV/NXP Funding LLC/NXP USA, Inc. (continued) | | | | | | | | | | | | |
5.00%, 01/15/33 | | | USD | | | | 3,728 | | | $ | 3,574,667 | |
Promigas SA ESP/Gases del Pacifico SAC, 3.75%, 10/16/29(b) | | | | | | | 902 | | | | 767,827 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 34,106,479 | |
| | | |
Netherlands — 0.2% | | | | | | | | | |
Braskem Netherlands Finance BV, 7.25%, 02/13/33(b) | | | | | | | 750 | | | | 735,863 | |
Cooperatieve Rabobank UA, (1-year UK Government Bond + 1.05%), 1.88%, 07/12/28(a)(c) | | | GBP | | | | 1,100 | | | | 1,212,030 | |
Embraer Netherlands Finance BV, 7.00%, 07/28/30(b) | | | USD | | | | 1,540 | | | | 1,556,324 | |
Greenko Dutch BV, 3.85%, 03/29/26(c) | | | | | | | 470 | | | | 427,155 | |
ING Groep NV(c) | | | | | | | | | | | | |
3.00%, 02/18/26 | | | GBP | | | | 1,100 | | | | 1,309,022 | |
(3-mo. EURIBOR + 1.10%), 2.13%, 05/23/26(a) | | | EUR | | | | 3,500 | | | | 3,700,302 | |
MEGlobal BV | | | | | | | | | | | | |
4.25%, 11/03/26(c) | | | USD | | | | 1,097 | | | | 1,049,473 | |
2.63%, 04/28/28(b) | | | | | | | 1,188 | | | | 1,038,371 | |
2.63%, 04/28/28(c) | | | | | | | 1,053 | | | | 920,375 | |
Mercedes-Benz International Finance BV, 1.38%, 06/26/26(c) | | | EUR | | | | 3,530 | | | | 3,661,178 | |
Metinvest BV, 7.65%, 10/01/27(c) | | | USD | | | | 829 | | | | 508,824 | |
Minejesa Capital BV, 4.63%, 08/10/30(c) | | | | | | | 1,000 | | | | 913,530 | |
NXP BV/NXP Funding LLC/NXP USA, Inc., 3.40%, 05/01/30 | | | | | | | 2,034 | | | | 1,799,988 | |
Sigma Holdco BV, 5.75%, 05/15/26(c) | | | EUR | | | | 3,727 | | | | 3,597,697 | |
Teva Pharmaceutical Finance Netherlands II BV | | | | | | | | | | | | |
7.38%, 09/15/29 | | | | | | | 6,883 | | | | 7,697,801 | |
7.88%, 09/15/31 | | | | | | | 3,592 | | | | 4,101,615 | |
Teva Pharmaceutical Finance Netherlands III BV, | | | | | | | | | | | | |
8.13%, 09/15/31 | | | USD | | | | 870 | | | | 918,259 | |
Trivium Packaging Finance BV, 5.50%, 08/15/26(b) . | | | | | | | 2,265 | | | | 2,151,952 | |
Vivo Energy Investments BV, 5.13%, 09/24/27(b) | | | | | | | 2,292 | | | | 2,089,937 | |
Volkswagen Financial Services NV(c) | | | | | | | | | | | | |
1.88%, 12/03/24 | | | GBP | | | | 600 | | | | 726,941 | |
4.25%, 10/09/25 | | | | | | | 500 | | | | 614,211 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 40,730,848 | |
| | | |
Oman — 0.0% | | | | | | | | | |
OQ SAOC, 5.13%, 05/06/28(b) | | | USD | | | | 829 | | | | 791,886 | |
| | | | | | | | | | | | |
| | | |
Panama — 0.0% | | | | | | | | | |
Aeropuerto Internacional de Tocumen SA, 5.13%, 08/11/61(b) | | | | | | | 829 | | | | 670,595 | |
| | | | | | | | | | | | |
| | | |
Peru — 0.0% | | | | | | | | | |
Inkia Energy Ltd., 5.88%, 11/09/27(c) | | | | | | | 576 | | | | 550,437 | |
| | | | | | | | | | | | |
| | | |
Republic of Korea — 0.1% | | | | | | | | | |
GS CALTEX Corp., 5.38%, 08/07/28 | | | | | | | 2,110 | | | | 2,102,509 | |
Hanwha Life Insurance Co. Ltd., (5-year CMT + 1.85%), 3.38%, 02/04/32(a)(c) | | | | | | | 600 | | | | 536,040 | |
Kookmin Bank, (5-year CMT + 2.64%), | | | | | | | | | | | | |
4.35%(a)(c)(o) | | | | | | | 400 | | | | 388,240 | |
LG Chem Ltd., 2.38%, 07/07/31(c) | | | | | | | 1,100 | | | | 890,593 | |
POSCO(b) | | | | | | | | | | | | |
5.63%, 01/17/26 | | | | | | | 593 | | | | 591,856 | |
13
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Republic of Korea (continued) | | | | | | | | | | | | |
POSCO(b) (continued) | | | | | | | | | | | | |
5.75%, 01/17/28 | | | USD | | | | 641 | | | $ | 648,013 | |
5.88%, 01/17/33 | | | | | | | 200 | | | | 207,720 | |
Shinhan Bank Co. Ltd., 4.50%, 04/12/28(c) | | | | | | | 300 | | | | 291,972 | |
SK Broadband Co. Ltd., 4.88%, 06/28/28 | | | | | | | 430 | | | | 425,485 | |
SK Hynix, Inc. | | | | | | | | | | | | |
6.25%, 01/17/26(c) | | | | | | | 400 | | | | 401,936 | |
6.38%, 01/17/28(b) | | | | | | | 2,360 | | | | 2,399,695 | |
6.38%, 01/17/28(c) | | | | | | | 200 | | | | 203,364 | |
2.38%, 01/19/31(c) | | | | | | | 1,000 | | | | 776,170 | |
6.50%, 01/17/33(c) | | | | | | | 250 | | | | 254,712 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 10,118,305 | |
| | | |
Singapore — 0.0% | | | | | | | | | |
BOC Aviation Ltd., 3.50%, 09/18/27(c) | | | | | | | 1,000 | | | | 934,290 | |
DBS Group Holdings Ltd., (5-year CMT + 1.92%), 3.30%(a)(c)(o) | | | | | | | 1,000 | | | | 946,560 | |
LLPL Capital Pte. Ltd., 6.88%, 02/04/39(c) | | | | | | | 1,216 | | | | 1,113,220 | |
Pfizer Investment Enterprises Pte Ltd., 4.75%, 05/19/33 | | | | | | | 2,320 | | | | 2,304,661 | |
Puma International Financing SA, 5.13%, 10/06/24(b) | | | | | | | 1,659 | | | | 1,641,149 | |
TML Holdings Pte. Ltd., 4.35%, 06/09/26(c) | | | | | | | 239 | | | | 222,282 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 7,162,162 | |
| | | |
South Africa — 0.0% | | | | | | | | | |
Sasol Financing USA LLC, 6.50%, 09/27/28 | | | | | | | 1,609 | | | | 1,479,556 | |
| | | | | | | | | | | | |
| | | |
Spain(c) — 0.1% | | | | | | | | | |
AI Candelaria Spain SA, 7.50%, 12/15/28 | | | | | | | 989 | | | | 924,770 | |
Banco Santander SA(a) | | | | | | | | | | | | |
(1-year EUR Swap + 1.05%), 3.63%, 09/27/26 | | | EUR | | | | 3,300 | | | | 3,581,001 | |
(1-year UK Government Bond + 1.80%), 3.13%, 10/06/26 | | | GBP | | | | 4,000 | | | | 4,736,381 | |
Telefonica Emisiones SA, 5.38%, 02/02/26 | | | | | | | 2,200 | | | | 2,777,992 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 12,020,144 | |
| | | |
Sweden — 0.1% | | | | | | | | | |
Swedbank AB, (1-year UK Government Bond + 1.00%), 1.38%, 12/08/27(a)(c) | | | | | | | 1,100 | | | | 1,199,935 | |
Verisure Holding AB | | | | | | | | | | | | |
3.88%, 07/15/26(c) | | | EUR | | | | 2,087 | | | | 2,163,605 | |
3.25%, 02/15/27(c) | | | | | | | 3,810 | | | | 3,786,323 | |
9.25%, 10/15/27(b) | | | | | | | 4,248 | | | | 5,002,763 | |
7.13%, 02/01/28(b) | | | | | | | 2,088 | | | | 2,338,467 | |
Verisure Midholding AB, 5.25%, 02/15/29(c) | | | | | | | 5,294 | | | | 5,092,287 | |
Volvo Treasury AB, 2.63%, 02/20/26(c) | | | | | | | 3,427 | | | | 3,653,773 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 23,237,153 | |
| | | |
Switzerland — 0.1% | | | | | | | | | |
Credit Suisse AG/New York | | | | | | | | | | | | |
7.95%, 01/09/25 | | | USD | | | | 3,544 | | | | 3,624,055 | |
3.70%, 02/21/25 | | | | | | | 4,940 | | | | 4,747,506 | |
2.95%, 04/09/25 | | | | | | | 3,890 | | | | 3,681,538 | |
5.00%, 07/09/27 | | | | | | | 3,861 | | | | 3,731,784 | |
UBS Group AG, (1-year EUR Swap + 0.77%), 0.65%, 01/14/28(a)(c) | | | EUR | | | | 7,200 | | | | 6,885,063 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 22,669,946 | |
| | | |
Thailand — 0.0% | | | | | | | | | |
Bangkok Bank PCL(a) | | | | | | | | | | | | |
(5-year CMT + 1.90%), 3.73%, 09/25/34(c) | | | USD | | | | 832 | | | | 715,894 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Thailand (continued) | | | | | | | | | |
Bangkok Bank PCL(a) (continued) (5-year CMT + 4.73%), 5.00%(o) | | | USD | | | | 412 | | | $ | 391,194 | |
GC Treasury Center Co. Ltd., 2.98%, 03/18/31(c) | | | | | | | 820 | | | | 677,221 | |
Kasikornbank PCL, (5-year CMT + 1.70%), 3.34%, 10/02/31(a)(c) | | | | | | | 369 | | | | 328,141 | |
Krung Thai Bank PCL, (5-year CMT + 3.53%), 4.40%(a)(c)(o) | | | | | | | 396 | | | | 365,124 | |
Muang Thai Life Assurance PCL, (10-year CMT + 2.40%), 3.55%, 01/27/37(a)(c) | | | | | | | 251 | | | | 221,573 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,699,147 | |
| | | |
Turkey — 0.1% | | | | | | | | | |
Bio City Development Co. B.V, 8.00%, 07/06/24(a)(b)(d)(e)(f)(n) | | | | | | | 140,850 | | | | 10,211,625 | |
| | | | | | | | | | | | |
| | | |
Ukraine — 0.0% | | | | | | | | | |
VF Ukraine PAT via VFU Funding PLC, 6.20%, 02/11/25(c) | | | | | | | 1,373 | | | | 1,016,020 | |
| | | | | | | | | | | | |
| | | |
United Arab Emirates — 0.0% | | | | | | | | | |
Abu Dhabi National Energy Co. PJSC, 4.70%, 04/24/33(b) | | | | | | | 433 | | | | 428,899 | |
DP World Salaam, (5-year CMT + 5.75%), 6.00%(a)(c)(o) | | | | | | | 1,659 | | | | 1,648,299 | |
MDGH GMTN RSC Ltd., 4.38%, 11/22/33(b) | | | | | | | 1,271 | | | | 1,223,338 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 3,300,536 | |
| | | |
United Kingdom — 0.8% | | | | | | | | | |
Anglo American Capital PLC, 4.50%, 09/15/28(c) | | | EUR | | | | 2,461 | | | | 2,741,480 | |
Barclays PLC(c) | | | | | | | | | | | | |
3.00%, 05/08/26 | | | GBP | | | | 1,100 | | | | 1,286,115 | |
3.25%, 02/12/27 | | | | | | | 1,100 | | | | 1,272,151 | |
(1-year EURIBOR ICE Swap + 0.85%), 0.88%, 01/28/28(a) | | | EUR | | | | 3,832 | | | | 3,706,090 | |
BCP V Modular Services Finance II PLC, 6.13%, 11/30/28(b) | | | GBP | | | | 12,036 | | | | 12,627,427 | |
BCP V Modular Services Finance PLC, 6.75%, 11/30/29(b) | | | EUR | | | | 16,262 | | | | 13,275,956 | |
BG Energy Capital PLC, 5.13%, 12/01/25(c) | | | GBP | | | | 2,009 | | | | 2,539,436 | |
Boparan Finance PLC, 7.63%, 11/30/25(c) | | | | | | | 7,310 | | | | 6,191,835 | |
BP Capital Markets PLC, 2.52%, 04/07/28(c) | | | EUR | | | | 4,421 | | | | 4,602,428 | |
Deuce Finco PLC, 5.50%, 06/15/27(b) | | | GBP | | | | 17,869 | | | | 19,639,478 | |
HSBC Holdings PLC(a) | | | | | | | | | | | | |
(3-mo. EURIBOR + 1.45%), 3.02%, 06/15/27(c) | | | EUR | | | | 3,420 | | | | 3,628,790 | |
(3-mo. LIBOR GBP + 1.31%), 1.75%, 07/24/27 | | | GBP | | | | 1,300 | | | | 1,461,483 | |
INEOS Finance PLC | | | | | | | | | | | | |
3.38%, 03/31/26(c) | | | EUR | | | | 4,040 | | | | 4,142,148 | |
6.63%, 05/15/28(b) | | | | | | | 3,871 | | | | 4,155,082 | |
6.75%, 05/15/28(b) | | | USD | | | | 8,135 | | | | 7,760,383 | |
Informa PLC, 3.13%, 07/05/26(c) | | | GBP | | | | 1,100 | | | | 1,294,213 | |
Inspired Entertainment Financing PLC, 7.88%, 06/01/26(b) | | | | | | | 7,442 | | | | 9,097,029 | |
Kane Bidco Ltd.(b) 5.00%, 02/15/27 | | | EUR | | | | 6,226 | | | | 6,468,029 | |
6.50%, 02/15/27 | | | GBP | | | | 8,008 | | | | 9,390,666 | |
Lloyds Banking Group PLC, 2.25%, 10/16/24(c) | | | | | | | 2,200 | | | | 2,697,706 | |
Marks & Spencer PLC, 3.75%, 05/19/26(c) | | | | | | | 7,361 | | | | 8,672,953 | |
National Grid PLC, 0.16%, 01/20/28(c) | | | EUR | | | | 4,956 | | | | 4,615,092 | |
NatWest Group PLC(a)(c) | | | | | | | | | | | | |
(1-year GBP Swap + 1.49%), 2.88%, 09/19/26 | | | GBP | | | | 1,100 | | | | 1,302,397 | |
(1-year GBP Swap + 2.01%), 3.13%, 03/28/27 | | | | | | | 1,100 | | | | 1,290,559 | |
14
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United Kingdom (continued) | | | | | | | | | |
Santander U.K. Group Holdings PLC, 3.63%, 01/14/26(c) | | | GBP | | | | 1,100 | | | $ | 1,313,203 | |
Vedanta Resources Finance II PLC, 8.95%, 03/11/25(b) | | | USD | | | | 1,477 | | | | 971,349 | |
Virgin Media Secured Finance PLC, 5.00%, 04/15/27(c) | | | GBP | | | | 12,215 | | | | 14,304,328 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 150,447,806 | |
| | | |
United States — 5.9% | | | | | | | | | |
AbbVie, Inc. , 1.38%, 05/17/24 | | | EUR | | | | 3,419 | | | | 3,681,226 | |
AbbVie, Inc., 2.60%, 11/21/24 | | | USD | | | | 11,367 | | | | 10,942,808 | |
Affinity Interactive, 6.88%, 12/15/27(b) | | | | | | | 1,580 | | | | 1,397,795 | |
Alexandria Real Estate Equities, Inc., 1.88%, 02/01/33 | | | | | | | 3,588 | | | | 2,638,265 | |
Allegiant Travel Co.(b) | | | | | | | | | | | | |
8.50%, 02/05/24 | | | | | | | 19,212 | | | | 19,163,970 | |
7.25%, 08/15/27 | | | | | | | 2,340 | | | | 2,308,511 | |
American Express Co. | | | | | | | | | | | | |
4.90%, 02/13/26 | | | | | | | 8,055 | | | | 7,992,316 | |
(1-day SOFR + 1.00%), 4.99%, 05/01/26(a) | | | | | | | 4,572 | | | | 4,518,864 | |
American Tower Corp. | | | | | | | | | | | | |
0.45%, 01/15/27 | | | EUR | | | | 8,700 | | | | 8,367,651 | |
5.50%, 03/15/28 | | | USD | | | | 3,537 | | | | 3,553,363 | |
5.25%, 07/15/28 | | | | | | | 8,249 | | | | 8,159,368 | |
2.10%, 06/15/30 | | | | | | | 2,034 | | | | 1,642,915 | |
Amgen, Inc. | | | | | | | | | | | | |
5.50%, 12/07/26(c) | | | GBP | | | | 1,100 | | | | 1,400,701 | |
5.15%, 03/02/28 | | | USD | | | | 12,398 | | | | 12,406,170 | |
2.30%, 02/25/31 | | | | | | | 2,063 | | | | 1,711,359 | |
2.00%, 01/15/32 | | | | | | | 2,034 | | | | 1,611,342 | |
3.35%, 02/22/32 | | | | | | | 6,162 | | | | 5,423,776 | |
Amkor Technology, Inc., 6.63%, 09/15/27(b) | | | | | | | 1,245 | | | | 1,248,257 | |
Arsenal AIC Parent LLC, 8.00%, 10/01/30(b)(m) | | | | | | | 862 | | | | 879,240 | |
AT&T, Inc. | | | | | | | | | | | | |
2.90%, 12/04/26 | | | GBP | | | | 2,195 | | | | 2,534,186 | |
5.50%, 03/15/27(c) | | | | | | | 1,100 | | | | 1,372,454 | |
Bank of America Corp.(a) | | | | | | | | | | | | |
(1-day SOFR + 1.21%), 2.57%, 10/20/32 | | | USD | | | | 2,352 | | | | 1,908,845 | |
(1-day SOFR + 1.32%), 2.69%, 04/22/32 | | | | | | | 5,176 | | | | 4,287,206 | |
(1-day SOFR + 1.37%), 1.92%, 10/24/31 | | | | | | | 2,979 | | | | 2,360,007 | |
(1-day SOFR + 1.53%), 1.90%, 07/23/31 | | | | | | | 1,007 | | | | 801,736 | |
(1-day SOFR + 1.63%), 5.20%, 04/25/29 | | | | | | | 13,890 | | | | 13,796,068 | |
(1-day SOFR + 2.15%), 2.59%, 04/29/31 | | | | | | | 3,281 | | | | 2,757,640 | |
(3-mo. CME Term SOFR + 1.25%), 2.50%, 02/13/31 | | | | | | | 4,681 | | | | 3,921,753 | |
(3-mo. EURIBOR + 0.91%), 1.95%, 10/27/26(c) | | | EUR | | | | 3,529 | | | | 3,684,151 | |
Bank of New York Mellon Corp., (1-day SOFR + 1.03%), 4.95%, 04/26/27(a) | | | USD | | | | 3,698 | | | | 3,654,952 | |
Becton Dickinson & Co. | | | | | | | | | | | | |
0.03%, 08/13/25 | | | EUR | | | | 2,732 | | | | 2,776,985 | |
3.70%, 06/06/27 | | | USD | | | | 4,631 | | | | 4,418,879 | |
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.88%, 01/15/27 | | | | | | | 2,842 | | | | 2,709,603 | |
Broadcom, Inc. | | | | | | | | | | | | |
1.95%, 02/15/28(b) | | | | | | | 5,274 | | | | 4,557,456 | |
4.11%, 09/15/28 | | | | | | | 6,717 | | | | 6,363,495 | |
4.15%, 11/15/30 | | | | | | | 2,063 | | | | 1,896,637 | |
2.45%, 02/15/31(b) | | | | | | | 2,415 | | | | 1,961,073 | |
4.30%, 11/15/32 | | | | | | | 5,825 | | | | 5,313,866 | |
3.42%, 04/15/33(b) | | | | | | | 8,144 | | | | 6,811,560 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Calumet Specialty Products Partners LP/Calumet Finance Corp., 9.75%, 07/15/28(b) | | | USD | | | | 6,732 | | | $ | 6,715,728 | |
Carrols Restaurant Group, Inc., 5.88%, 07/01/29(b) | | | | | | | 2,751 | | | | 2,320,144 | |
CDI Escrow Issuer, Inc., 5.75%, 04/01/30(b) | | | | | | | 2,252 | | | | 2,091,546 | |
Citigroup, Inc. | | | | | | | | | | | | |
1.75%, 10/23/26 | | | GBP | | | | 1,677 | | | | 1,897,114 | |
(1-day SOFR + 1.15%), 2.67%, 01/29/31(a) | | | USD | | | | 3,830 | | | | 3,239,965 | |
(1-day SOFR + 1.17%), 2.56%, 05/01/32(a) | | | | | | | 2,761 | | | | 2,254,652 | |
(1-day SOFR + 2.11%), 2.57%, 06/03/31(a) | | | | | | | 4,064 | | | | 3,391,566 | |
(3-mo. CME Term SOFR + 1.60%), 3.98%, 03/20/30(a) | | | | | | | 1,032 | | | | 956,831 | |
(3-mo. EURIBOR + 1.66%), 1.25%, 07/06/26(a)(c) | | | EUR | | | | 3,503 | | | | 3,635,093 | |
Civitas Resources, Inc., 8.38%, 07/01/28(b) | | | USD | | | | 9,386 | | | | 9,654,064 | |
Cloud Software Group, Inc., 6.50%, 03/31/29(b) | | | | | | | 3,375 | | | | 3,037,627 | |
Comcast Corp., 0.25%, 09/14/29 | | | EUR | | | | 2,056 | | | | 1,848,809 | |
Concentrix Corp.(m) | | | | | | | | | | | | |
6.65%, 08/02/26 | | | USD | | | | 1,930 | | | | 1,926,702 | |
6.60%, 08/02/28 | | | | | | | 1,550 | | | | 1,532,492 | |
Coty, Inc., 3.88%, 04/15/26(c) | | | EUR | | | | 1,823 | | | | 1,949,268 | |
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige International U.S. LLC, 6.63%, 07/15/30(b) | | | USD | | | | 818 | | | | 825,158 | |
Crown Castle, Inc. | | | | | | | | | | | | |
4.00%, 03/01/27 | | | | | | | 2,852 | | | | 2,720,234 | |
2.90%, 03/15/27 | | | | | | | 3,348 | | | | 3,074,487 | |
CSC Holdings LLC | | | | | | | | | | | | |
5.25%, 06/01/24 | | | | | | | 5,582 | | | | 5,203,693 | |
5.50%, 04/15/27(b) | | | | | | | 1,698 | | | | 1,455,824 | |
CVS Health Corp., 3.75%, 04/01/30 | | | | | | | 2,063 | | | | 1,885,700 | |
DAE Funding LLC(c) | | | | | | | | | | | | |
1.55%, 08/01/24 | | | | | | | 979 | | | | 930,070 | |
2.63%, 03/20/25 | | | | | | | 495 | | | | 465,533 | |
Dell International LLC/EMC Corp. | | | | | | | | | | | | |
4.00%, 07/15/24 | | | | | | | 2,718 | | | | 2,669,923 | |
5.25%, 02/01/28 | | | | | | | 3,608 | | | | 3,615,774 | |
Dollar General Corp., 3.88%, 04/15/27 | | | | | | | 3,780 | | | | 3,624,725 | |
Duke Energy Corp., 3.10%, 06/15/28 | | | EUR | | | | 3,474 | | | | 3,622,287 | |
Earthstone Energy Holdings LLC(b) | | | | | | | | | | | | |
8.00%, 04/15/27 | | | USD | | | | 4,953 | | | | 4,901,535 | |
9.88%, 07/15/31 | | | | | | | 3,352 | | | | 3,459,686 | |
Elevance Health, Inc. | | | | | | | | | | | | |
4.90%, 02/08/26 | | | | | | | 3,685 | | | | 3,639,315 | |
3.65%, 12/01/27 | | | | | | | 10,292 | | | | 9,761,717 | |
Emerald Debt Merger Sub LLC, 6.63%, 12/15/30(b) | | | | | | | 3,391 | | | | 3,369,806 | |
EQM Midstream Partners LP(b) | | | | | | | | | | | | |
7.50%, 06/01/27 | | | | | | | 810 | | | | 822,058 | |
7.50%, 06/01/30 | | | | | | | 865 | | | | 891,997 | |
Equinix, Inc. | | | | | | | | | | | | |
1.00%, 09/15/25 | | | | | | | 4,001 | | | | 3,641,000 | |
2.90%, 11/18/26 | | | | | | | 2,931 | | | | 2,701,136 | |
1.55%, 03/15/28 | | | | | | | 4,251 | | | | 3,580,379 | |
EquipmentShare.com, Inc., 9.00%, 05/15/28(b) | | | | | | | 14,710 | | | | 14,580,846 | |
Fidelity National Information Services, Inc., 1.50%, 05/21/27 | | | EUR | | | | 3,673 | | | | 3,702,343 | |
Flyr Convertible Notes, 8.00%, 07/20/23(d) | | | | | | | 13,461 | | | | 13,802,082 | |
Flyr Secured Notes, 10.07%, 01/20/27(d) | | | USD | | | | 6,685 | | | | 6,216,643 | |
Freed Corp., 10.00%, 12/02/23(d) | | | | | | | 16,199 | | | | 15,369,520 | |
Freedom Mortgage Corp.(b) 8.13%, 11/15/24 | | | | | | | 5,170 | | | | 5,142,486 | |
15
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Freedom Mortgage Corp.(b) (continued) 8.25%, 04/15/25 | | | USD | | | | 1,511 | | | $ | 1,493,149 | |
FreeWire Technologies, Inc., 15.27%, 03/31/25(d) | | | | | | | 8,953 | | | | 9,117,204 | |
Frontier Communications Holdings LLC(b) | | | | | | | | | | | | |
5.88%, 10/15/27 | | | | | | | 5,665 | | | | 5,188,730 | |
8.75%, 05/15/30 | | | | | | | 9,313 | | | | 8,985,037 | |
8.63%, 03/15/31 | | | | | | | 7,330 | | | | 7,013,590 | |
Frontier Florida LLC, Series E, 6.86%, 02/01/28 | | | | | | | 8,285 | | | | 7,622,200 | |
Frontier North, Inc., Series G, 6.73%, 02/15/28 | | | | | | | 5,875 | | | | 5,434,375 | |
Full House Resorts, Inc., 8.25%, 02/15/28(b) | | | | | | | 349 | | | | 321,899 | |
GCI LLC, 4.75%, 10/15/28(b) | | | | | | | 1,436 | | | | 1,248,210 | |
Gen Digital, Inc.(b) | | | | | | | | | | | | |
6.75%, 09/30/27 | | | | | | | 2,535 | | | | 2,543,846 | |
7.13%, 09/30/30 | | | | | | | 5,833 | | | | 5,878,118 | |
General Mills, Inc., 0.13%, 11/15/25 | | | EUR | | | | 5,784 | | | | 5,840,638 | |
General Motors Financial Co., Inc., 5.40%, 04/06/26 | | | USD | | | | 4,160 | | | | 4,135,807 | |
Gilead Sciences, Inc., 3.65%, 03/01/26 | | | | | | | 3,675 | | | | 3,544,128 | |
Global Payments, Inc., 4.88%, 03/17/31 | | | EUR | | | | 1,697 | | | | 1,869,741 | |
Goldman Sachs Group, Inc. | | | | | | | | | | | | |
0.25%, 01/26/28(c) | | | | | | | 4,022 | | | | 3,733,417 | |
7.25%, 04/10/28 | | | GBP | | | | 1,100 | | | | 1,478,756 | |
(1-day SOFR + 0.79%), 1.09%, 12/09/26(a) | | | USD | | | | 4,002 | | | | 3,597,184 | |
(1-day SOFR + 1.09%), 1.99%, 01/27/32(a) | | | | | | | 4,064 | | | | 3,201,030 | |
(1-day SOFR + 1.28%), 2.62%, 04/22/32(a) | | | | | | | 3,095 | | | | 2,538,668 | |
GoTo Group, Inc., 5.50%, 09/01/27(b) | | | | | | | 4,945 | | | | 2,840,997 | |
GrafTech Global Enterprises, Inc., 9.88%, 12/15/28(b) | | | | | | | 823 | | | | 835,987 | |
Green Plains SPE LLC, 11.75%, 02/08/26(b)(d) | | | | | | | 91,561 | | | | 86,754,047 | |
Greenland Global Investment Ltd., 6.75%, 09/26/25(c) | | | | | | | 349 | | | | 43,625 | |
HCA, Inc. | | | | | | | | | | | | |
5.38%, 02/01/25 | | | | | | | 6,374 | | | | 6,336,214 | |
5.88%, 02/15/26 | | | | | | | 2,695 | | | | 2,702,507 | |
5.63%, 09/01/28 | | | | | | | 4,976 | | | | 4,995,057 | |
3.50%, 09/01/30 | | | | | | | 5,232 | | | | 4,598,921 | |
Healthpeak OP LLC, 5.25%, 12/15/32 | | | | | | | 1,200 | | | | 1,180,516 | |
Homes By West Bay LLC, 9.50%, 04/30/27(d) | | | | | | | 19,399 | | | | 17,944,075 | |
International Business Machines Corp., 3.38%, 02/06/27 | | | EUR | | | | 3,354 | | | | 3,651,703 | |
JPMorgan Chase & Co.(a) | | | | | | | | | | | | |
(3-mo. CME Term SOFR + 1.11%), 1.76%, 11/19/31 | | | USD | | | | 4,064 | | | | 3,208,213 | |
(3-mo. EURIBOR + 0.76%), 1.09%, 03/11/27(c) | | | EUR | | | | 3,647 | | | | 3,698,334 | |
(3-mo. LIBOR GBP + 0.68%), 0.99%, 04/28/26(c) | | | GBP | | | | 2,800 | | | | 3,303,687 | |
Kraft Heinz Foods Co. | | | | | | | | | | | | |
4.13%, 07/01/27(c) | | | | | | | 670 | | | | 810,855 | |
6.75%, 03/15/32 | | | USD | | | | 549 | | | | 604,110 | |
Landsea Homes Corp., 11.00%, 07/17/28(d) | | | | | | | 40,108 | | | | 38,904,760 | |
Lessen, Inc., 10.09%, 01/04/28(a)(b)(d) | | | | | | | 19,124 | | | | 17,809,516 | |
Level 3 Financing, Inc., 3.40%, 03/01/27(b) | | | | | | | 1,649 | | | | 1,454,410 | |
Lightning eMotors, Inc., 7.50%, 05/15/24(b)(p) | | | | | | | 3,362 | | | | 1,765,050 | |
Lions Gate Capital Holdings LLC, 5.50%, 04/15/29(b) | | | | | | | 13,020 | | | | 8,908,024 | |
Lowe’s Cos., Inc. | | | | | | | | | | | | |
4.80%, 04/01/26 | | | | | | | 9,237 | | | | 9,170,269 | |
2.63%, 04/01/31 | | | | | | | 2,034 | | | | 1,718,750 | |
3.75%, 04/01/32 | | | | | | | 6,137 | | | | 5,564,818 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Lowe’s Cos., Inc. (continued) 5.00%, 04/15/33 | | | USD | | | | 3,866 | | | $ | 3,828,181 | |
Mauser Packaging Solutions Holding Co., 7.88%, 08/15/26(b) | | | | | | | 17,196 | | | | 17,149,593 | |
MCM Trust, 2.50%, 01/01/59(d) | | | | | | | 8,865 | | | | 8,499,559 | |
Medline Borrower LP, 3.88%, 04/01/29(b) | | | | | | | 1,282 | | | | 1,122,612 | |
Mercedes-Benz Finance North America LLC, 5.25%, 11/29/27(b) | | | | | | | 3,545 | | | | 3,565,513 | |
Morgan Stanley(a) | | | | | | | | | | | | |
(1-day SOFR + 1.14%), 2.70%, 01/22/31 | | | | | | | 420 | | | | 358,370 | |
(1-day SOFR + 1.16%), 3.62%, 04/17/25 | | | | | | | 5,639 | | | | 5,544,924 | |
(1-day SOFR + 1.18%), 2.24%, 07/21/32 | | | | | | | 1,114 | | | | 886,196 | |
(3-mo. EURIBOR + 0.83%), 1.34%, 10/23/26 | | | EUR | | | | 4,468 | | | | 4,597,466 | |
Morgan Stanley Bank NA, 4.75%, 04/21/26 | | | USD | | | | 7,695 | | | | 7,600,225 | |
Nationstar Mortgage Holdings, Inc.(b) | | | | | | | | | | | | |
6.00%, 01/15/27 | | | | | | | 591 | | | | 564,771 | |
5.50%, 08/15/28 | | | | | | | 4,584 | | | | 4,151,729 | |
5.13%, 12/15/30 | | | | | | | 4,013 | | | | 3,381,775 | |
Netflix, Inc. | | | | | | | | | | | | |
4.38%, 11/15/26 | | | | | | | 2,294 | | | | 2,246,786 | |
3.63%, 05/15/27 | | | EUR | | | | 6,616 | | | | 7,157,644 | |
4.88%, 04/15/28 | | | USD | | | | 3,689 | | | | 3,643,700 | |
New Home Co., Inc., 8.25%, 10/15/27(a)(b) | | | | | | | 2,144 | | | | 1,983,200 | |
Newmont Corp., 2.60%, 07/15/32 | | | | | | | 3,095 | | | | 2,517,169 | |
Northern States Power Co., 4.50%, 06/01/52 | | | | | | | 4,429 | | | | 3,964,092 | |
NRG Energy, Inc., 7.00%, 03/15/33(b) | | | | | | | 4,245 | | | | 4,235,194 | |
Olympus Water U.S. Holding Corp.(b) | | | | | | | | | | | | |
7.13%, 10/01/27 | | | | | | | 2,600 | | | | 2,367,145 | |
9.75%, 11/15/28 | | | | | | | 15,882 | | | | 15,365,835 | |
Oncor Electric Delivery Co. LLC, 4.10%, 11/15/48 | | | | | | | 2,589 | | | | 2,154,038 | |
ONEOK Partners LP, 4.90%, 03/15/25 | | | | | | | 9,738 | | | | 9,582,591 | |
Oracle Corp. | | | | | | | | | | | | |
1.65%, 03/25/26 | | | | | | | 10,880 | | | | 9,927,310 | |
2.30%, 03/25/28 | | | | | | | 5,101 | | | | 4,500,776 | |
2.95%, 04/01/30 | | | | | | | 3,205 | | | | 2,796,695 | |
4.65%, 05/06/30 | | | | | | | 823 | | | | 796,580 | |
2.88%, 03/25/31 | | | | | | | 7,239 | | | | 6,154,802 | |
Pacific Gas and Electric Co. | | | | | | | | | | | | |
3.25%, 02/16/24 | | | | | | | 171 | | | | 168,279 | |
3.30%, 12/01/27 | | | | | | | 4,032 | | | | 3,588,482 | |
6.10%, 01/15/29 | | | | | | | 2,180 | | | | 2,167,444 | |
6.15%, 01/15/33 | | | | | | | 1,845 | | | | 1,821,353 | |
6.40%, 06/15/33 | | | | | | | 4,015 | | | | 4,034,962 | |
Paramount Global, (5-year CMT + 4.00%), 6.38%, 03/30/62(a) | | | | | | | 4,528 | | | | 3,733,110 | |
Parker-Hannifin Corp., 3.65%, 06/15/24 | | | | | | | 3,709 | | | | 3,642,956 | |
Penske Truck Leasing Co. LP / PTL Finance Corp., 5.75%, 05/24/26(b) | | | | | | | 3,644 | | | | 3,625,827 | |
Periama Holdings LLC, 5.95%, 04/19/26(c) | | | | | | | 891 | | | | 853,756 | |
Pioneer Midco Notes, 10.50%, 11/18/30(d) | | | | | | | 13,813 | | | | 13,217,399 | |
Pitney Bowes, Inc., 6.88%, 03/15/27(b) | | | | | | | 12,648 | | | | 9,554,697 | |
Playtika Holding Corp., 4.25%, 03/15/29(b) | | | | | | | 2,097 | | | | 1,850,681 | |
PPG Industries, Inc. | | | | | | | | | | | | |
1.88%, 06/01/25 | | | EUR | | | | 3,378 | | | | 3,573,756 | |
3.75%, 03/15/28 | | | USD | | | | 1,539 | | | | 1,461,437 | |
Prologis LP, 2.25%, 01/15/32 | | | | | | | 1,372 | | | | 1,109,171 | |
Rand Parent LLC, 8.50%, 02/15/30(b) | | | | | | | 12,315 | | | | 11,579,960 | |
Regal Rexnord Corp., 6.05%, 02/15/26(b) | | | | | | | 4,640 | | | | 4,638,520 | |
16
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Republic Services, Inc. | | | | | | | | | | | | |
3.38%, 11/15/27 | | | USD | | | | 3,786 | | | $ | 3,556,786 | |
4.88%, 04/01/29 | | | | | | | 1,854 | | | | 1,847,078 | |
Sabre Global, Inc.(b) | | | | | | | | | | | | |
9.25%, 04/15/25 | | | | | | | 1,118 | | | | 1,048,175 | |
7.38%, 09/01/25 | | | | | | | 6,025 | | | | 5,437,562 | |
11.25%, 12/15/27 | | | | | | | 4,127 | | | | 3,651,157 | |
Sasol Financing USA LLC | | | | | | | | | | | | |
4.38%, 09/18/26 | | | | | | | 414 | | | | 374,331 | |
8.75%, 05/03/29(b) | | | | | | | 2,283 | | | | 2,277,292 | |
5.50%, 03/18/31 | | | | | | | 974 | | | | 803,560 | |
Service Properties Trust | | | | | | | | | | | | |
4.35%, 10/01/24 | | | | | | | 753 | | | | 722,978 | |
4.50%, 03/15/25 | | | | | | | 2,096 | | | | 1,975,480 | |
7.50%, 09/15/25 | | | | | | | 3,200 | | | | 3,162,724 | |
Sherwin-Williams Co., 3.95%, 01/15/26 | | | | | | | 3,327 | | | | 3,221,867 | |
SierraCol Energy Andina LLC, 6.00%, 06/15/28(c) | | | | | | | 715 | | | | 562,705 | |
SK Battery America, Inc., 2.13%, 01/26/26(c) | | | | | | | 1,326 | | | | 1,175,300 | |
Sonder Secured Notes, (13.99% PIK), 13.99%, 01/19/27(d) | | | | | | | 22,666 | | | | 19,889,576 | |
Southern California Edison Co. | | | | | | | | | | | | |
1.10%, 04/01/24 | | | | | | | 1,881 | | | | 1,821,426 | |
5.30%, 03/01/28 | | | | | | | 4,484 | | | | 4,513,066 | |
3.65%, 02/01/50 | | | | | | | 4,117 | | | | 3,083,492 | |
Spirit AeroSystems, Inc.(b) | | | | | | | | | | | | |
7.50%, 04/15/25 | | | | | | | 7,499 | | | | 7,495,624 | |
9.38%, 11/30/29 | | | | | | | 865 | | | | 925,938 | |
Sprint LLC, 7.88%, 09/15/23 | | | | | | | 7,209 | | | | 7,214,983 | |
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC, 4.74%, 03/20/25(b) | | | | | | | 1,721 | | | | 1,702,432 | |
Steel Dynamics, Inc., 5.00%, 12/15/26 | | | | | | | 428 | | | | 420,741 | |
Stem, Inc., 0.50%, 12/01/28(b)(p) | | | | | | | 749 | | | | 461,592 | |
Stillwater Mining Co., 4.00%, 11/16/26(c) | | | | | | | 1,701 | | | | 1,529,879 | |
Tap Rock Resources LLC, 7.00%, 10/01/26(b) | | | | | | | 1,866 | | | | 1,927,210 | |
Texas Capital Bank NA, (3-mo. LIBOR US + 4.50%), 10.04%, 09/30/24(a)(b) | | | | | | | 8,006 | | | | 7,570,607 | |
Thermo Fisher Scientific, Inc., 1.38%, 09/12/28 | | | EUR | | | | 3,674 | | | | 3,632,748 | |
T-Mobile U.S., Inc. | | | | | | | | | | | | |
4.95%, 03/15/28 | | | USD | | | | 3,202 | | | | 3,162,898 | |
3.88%, 04/15/30 | | | | | | | 4,859 | | | | 4,464,159 | |
3.50%, 04/15/31 | | | | | | | 3,066 | | | | 2,695,119 | |
2.70%, 03/15/32 | | | | | | | 4,721 | | | | 3,879,427 | |
Topaz Solar Farms LLC, 5.75%, 09/30/39(b) | | | | | | | 4,322 | | | | 4,170,346 | |
UnitedHealth Group, Inc. | | | | | | | | | | | | |
4.25%, 01/15/29 | | | | | | | 10,666 | | | | 10,404,927 | |
5.35%, 02/15/33 | | | | | | | 8,132 | | | | 8,424,535 | |
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital LLC, 10.50%, 02/15/28(b) | | | | | | | 4,951 | | | | 4,921,394 | |
Verizon Communications, Inc. | | | | | | | | | | | | |
4.07%, 06/18/24 | | | GBP | | | | 291 | | | | 367,931 | |
1.13%, 11/03/28 | | | | | | | 1,100 | | | | 1,112,718 | |
4.25%, 10/31/30 | | | EUR | | | | 3,192 | | | | 3,564,636 | |
2.55%, 03/21/31 | | | USD | | | | 13,005 | | | | 10,795,163 | |
Vertiv Group Corp., 4.13%, 11/15/28(b) | | | | | | | 3,743 | | | | 3,359,985 | |
Viasat, Inc.(b) | | | | | | | | | | | | |
5.63%, 09/15/25 | | | | | | | 485 | | | | 454,688 | |
5.63%, 04/15/27 | | | | | | | 5,069 | | | | 4,566,510 | |
Vistra Operations Co. LLC(b) 5.13%, 05/13/25 | | | | | | | 2,675 | | | | 2,611,242 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Vistra Operations Co. LLC(b) (continued) 5.63%, 02/15/27 | | | USD | | | | 10,588 | | | $ | 10,237,846 | |
VMware, Inc. | | | | | | | | | | | | |
1.40%, 08/15/26 | | | | | | | 4,054 | | | | 3,591,767 | |
2.20%, 08/15/31 | | | | | | | 2,034 | | | | 1,594,340 | |
Wells Fargo & Co. | | | | | | | | | | | | |
1.38%, 10/26/26(c) | | | EUR | | | | 3,666 | | | | 3,697,527 | |
1.50%, 05/24/27(c) | | | | | | | 5,570 | | | | 5,560,299 | |
(1-day SOFR + 1.98%), 4.81%, 07/25/28(a) | | | USD | | | | 7,379 | | | | 7,195,549 | |
Welltower OP LLC, 4.00%, 06/01/25 | | | | | | | 2,745 | | | | 2,658,729 | |
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp., 5.50%, 03/01/25(b) | | | | | | | 565 | | | | 554,357 | |
Xerox Holdings Corp., 5.00%, 08/15/25(b) | | | | | | | 12,389 | | | | 11,886,423 | |
| | | | | | | | | | | | |
| | | | | | | | | | | 1,081,859,264 | |
| | | | | | | | | | | | |
| | | |
Total Corporate Bonds — 10.4% (Cost: $2,293,602,667) | | | | | | | | | | | 1,901,784,699 | |
| | | | | | | | | | | | |
| | | |
Fixed Rate Loan Interests | | | | | | | | | | | | |
| | | |
United States — 0.1% | | | | | | | | | |
OD Intermediate SUBI Holdco II LLC, Mezzanine Term Loan, 10.00%, 01/23/26(d) | | | | | | | 22,419 | | | | 21,230,906 | |
| | | | | | | | | | | | |
| | | |
Total Fixed Rate Loan Interests — 0.1% (Cost: $21,828,485) | | | | | | | | | | | 21,230,906 | |
| | | | | | | | | | | | |
| | | |
| | | | | Shares | | | | |
| | | |
Fixed-Income Funds | | | | | | | | | | | | |
iShares iBoxx $ Investment Grade Corporate Bond ETF(f) | | | | | | | 660,826 | | | | 71,270,084 | |
| | | | | | | | | | | | |
| | | |
Total Fixed-Income Funds — 0.4% (Cost: $72,004,388) | | | | | | | | | | | 71,270,084 | |
| | | | | | | | | | | | |
| | | |
| | | | | Par (000) | | | | |
|
Floating Rate Loan Interests(a) | |
| | | |
Belgium — 0.1% | | | | | | | | | |
Apollo Finco, 2021 EUR Term Loan B, (6-mo. EURIBOR + 4.85%), 8.78%, 10/02/28 | | | EUR | | | | 14,154 | | | | 11,321,699 | |
| | | | | | | | | | | | |
Canada — 0.1% | | | | | | | | | |
KDC/ONE Development Corp., Inc., 2020 EUR Term Loan B, (1-mo. EURIBOR + 5.00%), 8.57%, 12/22/25 | | | | | | | 22,887 | | | | 25,048,728 | |
| | | | | | | | | | | | |
France — 0.1% | | | | | | | | | |
Babilou Group, 2021 EUR Term Loan B, (3-mo. EURIBOR + 4.00%), 7.59%, 11/17/27 | | | | | | | 26,693 | | | | 29,071,323 | |
| | | | | | | | | | | | |
Germany — 0.1% | | | | | | | | | |
Iris BidCo GmbH, EUR Term Loan B, (3-mo. EURIBOR + 5.00%), 8.71%, 06/29/28 | | | | | | | 12,289 | | | | 12,355,694 | |
| | | | | | | | | | | | |
17
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Jersey(d) — 0.1% | | | | | | | | | |
Vita Global Finco Ltd. | | | | | | | | | | | | |
EUR Term Loan B, (6-mo. EURIBOR + 7.00%), 10.72%, 07/06/27 | | | EUR | | | | 8,484 | | | $ | 8,605,590 | |
GBP Incremental Term Loan, (1-day SONIA + 7.00%), 10.93%, 07/06/27 | | | GBP | | | | 5,195 | | | | 6,166,386 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 14,771,976 | |
| | | |
Luxembourg — 0.2% | | | | | | | | | |
Luxembourg Life Fund II, Absolute Return Fund III(d) | | | | | | | | | | | | |
2021 1st Lien Delayed Draw Term Loan, (Prime + 8.25%), 16.75%, 05/27/26 | | | USD | | | | 1,896 | | | | 1,913,958 | |
2021 1st Lien Term Loan, (3-mo. LIBOR US + 9.25%), 14.79%, 05/27/26 | | | | | | | 12,181 | | | | 12,120,197 | |
Speed Midco 3 SARL, EUR Term Loan B1, (3-mo. EURIBOR + 6.40%), 10.00%, 04/26/29 | | | EUR | | | | 19,238 | | | | 20,993,667 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 35,027,822 | |
| | | |
Netherlands — 0.5% | | | | | | | | | |
Cypher Bidco BV, EUR Term Loan, (6-mo. EURIBOR + 4.50%), 8.10%, 12/30/28(d) | | | | | | | 19,970 | | | | 20,474,842 | |
Median B V, 2021 EUR Term Loan B, (6-mo. EURIBOR + 4.93%), 8.52%, 10/14/27 | | | | | | | 14,250 | | | | 14,410,533 | |
Upfield BV, 2023 GBP Term Loan B, 01/31/28(q) | | | GBP | | | | 13,449 | | | | 16,605,276 | |
Ziggo BV, 2019 EUR Term Loan H, (6-mo. EURIBOR + 3.00%), 6.10%, 01/31/29 | | | EUR | | | | 39,843 | | | | 41,726,796 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 93,217,447 | |
| | | |
Spain(d) — 0.2% | | | | | | | | | |
Galapagos SA, 2023 EUR Term Loan, (3-mo. EURIBOR + 3.90%), 7.50%, 03/01/26 | | | | | | | 15,708 | | | | 17,379,435 | |
Promontoria Challenger I SA, EUR Term Loan, (3-mo. EURIBOR + 3.25%), 6.97%, 12/20/24 | | | | | | | 19,012 | | | | 20,874,908 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 38,254,343 | |
| | | |
Sweden — 0.0% | | | | | | | | | |
OptiGroup, EUR Term Loan B1, (1-mo. EURIBOR + 5.25%), 8.71% | | | | | | | 9,165 | | | | 9,606,631 | |
| | | | | | | | | | | | |
| | | |
United Kingdom — 0.4% | | | | | | | | | |
CML Project Horizons, GBP Term Loan, (1-mo. SONIA + 3.75%), 8.68%, 03/05/28(d) | | | GBP | | | | 15,221 | | | | 19,442,987 | |
HNVR Holdco Ltd., EUR Term Loan B, 09/12/25(q) | | | EUR | | | | 12,204 | | | | 13,345,483 | |
Mercia(d) | | | | | | | | | | | | |
GBP Term Loan A1, (3-mo. SONIA Compound + 2.40%), 7.13%, 04/09/26 | | | GBP | | | | 6,259 | | | | 7,964,345 | |
GBP Term Loan A2, (3-mo. SONIA Compound + 2.40%), 7.13%, 04/09/26 | | | | | | | 19,085 | | | | 24,284,156 | |
GBP Term Loan B1, (3-mo. SONIA Compound + 2.40%), 7.13%, 04/09/26 | | | | | | | 1,099 | | | | 1,398,848 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 66,435,819 | |
| | | |
United States — 1.9% | | | | | | | | | |
Aimbridge Acquisition Co., Inc., 2020 Incremental Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.17%, 02/02/26 | | | USD | | | | 9,071 | | | | 8,815,802 | |
Alorica, Inc., 2022 Term Loan, (1-mo. CME Term SOFR at 1.50% Floor + 6.88%), 12.19%, 12/21/27(d) | | | | | | | 11,009 | | | | 10,871,190 | |
Altar Bidco, Inc., 2021 2nd Lien Term Loan, (12-mo. CME Term SOFR at 0.50% Floor + 5.60%), 10.51%, 02/01/30 | | | | | | | 10,047 | | | | 9,159,315 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
American Auto Auction Group, LLC, 2021 Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 5.00%), 10.39%, 12/30/27(d) | | | USD | | | | 1,716 | | | $ | 1,596,089 | |
Avaya, Inc., 2022 Term Loan, (1-mo. CME Term SOFR at 1.00% Floor + 10.00%), 14.83%, 12/15/27(d) | | | | | | | 432 | | | | 108,083 | |
City Brewing Co. LLC, Closing Date Term Loan, (3-mo. CME Term SOFR at 0.75% Floor + 3.50%), 9.07%, 04/05/28 | | | | | | | 2,637 | | | | 1,685,328 | |
CML Hyatt Lost Pines, Term Loan, (1-mo. LIBOR US + 3.43%), 8.53%, 09/09/26(d) | | | | | | | 16,300 | | | | 15,983,532 | |
CML La Quinta Resort, Term Loan, (3-mo. LIBOR US + 3.20%), 8.75%, 12/09/26(d) | | | | | | | 15,500 | | | | 15,038,283 | |
CML Lake Tahoe Resort Hotel, Term Loan, (2-mo. LIBOR US + 3.01%), 3.16%, 10/25/26(d) | | | | | | | 11,574 | | | | 11,102,801 | |
CML Paradise Plaza, Term Loan, (1-mo. LIBOR US + 3.60%), 8.88%, 12/07/26(d) | | | | | | | 16,800 | | | | 16,306,330 | |
CML ST Regis Aspen, Term Loan, (1-mo. LIBOR US at 1.00% Floor + 2.90%), 8.05%, 02/09/27(d) | | | | | | | 18,600 | | | | 17,927,381 | |
CML Terranea Resort, Term Loan, (3-mo. CME Term SOFR + 4.35%), 9.43%, 01/01/28(d) | | | | | | | 7,900 | | | | 7,900,000 | |
CML Trigrams, Term Loan, (1-mo. LIBOR US + 2.25%), 8.09%, 09/15/24(d) | | | | | | | 27,602 | | | | 27,494,244 | |
Davis-Standard, LLC, Term Loan, 0.00%, 12/10/28 | | | | | | | 5,449 | | | | 5,301,611 | |
Digital Room Holdings, Inc., 2021 Term Loan, (1- mo. CME Term SOFR at 0.50% Floor + 5.25%), 10.67%, 12/21/28 | | | | | | | 3,587 | | | | 3,263,806 | |
DirecTV Financing LLC, Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 5.00%), 10.43%, 08/02/27 | | | | | | | 5,429 | | | | 5,389,212 | |
ECL Entertainment LLC, Class A, Term Loan, (1- mo. CME Term SOFR at 0.75% Floor + 7.50%), 12.93%, 05/01/28 | | | | | | | 7,970 | | | | 7,989,672 | |
Emerald Electronics Manufacturing Services, Term Loan, (3-mo. CME Term SOFR at 1.00% Floor + 6.25%), 11.66%, 12/29/27(d) | | | | | | | 4,244 | | | | 4,031,889 | |
Galaxy Universal LLC, 1st Lien Term Loan, (3-mo. LIBOR US at 1.00% Floor + 5.75%), 10.98%, 11/12/26(d) | | | | | | | 18,593 | | | | 17,966,887 | |
GoTo Group, Inc., Term Loan B, (3-mo. CME Term SOFR + 4.75%), 10.27%, 08/31/27 | | | | | | | 11,563 | | | | 7,289,844 | |
Green Plains Operating Co. LLC, Term Loan, (3- mo. LIBOR US + 8.00%), 10.51%, 07/20/26(d) | | | | | | | 15,514 | | | | 15,939,695 | |
Hilton Worldwide Finance LLC, 2019 Term Loan B2, (1-mo. CME Term SOFR + 1.75%), 7.15%, 06/22/26 | | | | | | | 19,245 | | | | 19,216,210 | |
Hydrofarm Holdings LLC, 2021 Term Loan, (1-mo. CME Term SOFR at (4.50)% Floor + 5.50%), 10.93%, 09/27/28(d) | | | | | | | 2,711 | | | | 2,168,576 | |
J&J Ventures Gaming LLC, Term Loan, (3-mo. LIBOR US at 0.75% Floor + 4.00%), 9.54%, 04/26/28 | | | | | | | 4,083 | | | | 4,026,543 | |
Jack Ohio Finance LLC, Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.18%, 10/04/28 | | | | | | | 2,105 | | | | 2,031,001 | |
Kronos Acquisition Holdings, Inc., 2021 1st Lien Term Loan, (3-mo. CME Term SOFR at 1.00% Floor + 6.00%), 11.38%, 12/22/26 | | | | | | | 1,900 | | | | 1,878,689 | |
Maverick Gaming LLC, Term Loan B, (3-mo. LIBOR US at 1.00% Floor + 7.50%), 12.98%, 09/03/26 | | | | | | | 3,497 | | | | 2,635,250 | |
18
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | | | | |
Naked Juice LLC, 2nd Lien Term Loan, (3-mo. CME Term SOFR at 0.50% Floor + 6.00%), 11.34%, 01/24/30 | | | USD | | | | 523 | | | $ | 417,840 | |
Nielsen Consumer, Inc., 2023 EUR Incremental Term Loan, 03/06/28(q) | | | EUR | | | | 28,689 | | | | 28,073,774 | |
Profrac Services LLC, 2022 Term Loan, (3-mo. CME Term SOFR at 1.00% Floor + 7.25%), 12.75%, 03/04/25 | | | USD | | | | 5,668 | | | | 5,661,507 | |
Quartz Acquireco LLC, Term Loan B, (1-mo. CME Term SOFR + 3.50%), 8.82%, 06/28/30(d) | | | | | | | 3,960 | | | | 3,950,100 | |
Redstone Holdco 2 LP | | | | | | | | | | | | |
2021 2nd Lien Term Loan, (1-mo. LIBOR US at 0.75% Floor + 7.75%), 13.18%, 04/27/29 | | | | | | | 6,772 | | | | 4,145,412 | |
2021 Term Loan, (1-mo. CME Term SOFR at 0.75% Floor + 4.75%), 10.16%, 04/27/28 | | | | | | | 5,155 | | | | 3,928,934 | |
Roper Industrial Products Investment Co., USD Term Loan, (3-mo. CME Term SOFR + 4.50%), 9.74%, 11/22/29 | | | | | | | 9,476 | | | | 9,467,058 | |
SCIH Salt Holdings, Inc., 2021 Incremental Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor + 4.00%), 9.63%, 03/16/27 | | | | | | | 5,720 | | | | 5,648,705 | |
Sheraton Austin, CML Term Loan, (1-mo. LIBOR US + 3.48%), 8.33%, 06/01/26(d) | | | | | | | 18,180 | | | | 17,616,620 | |
Signal Parent, Inc., Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor + 3.50%), 8.92%, 04/03/28 | | | | | | | 4,172 | | | | 3,386,992 | |
Starwood Property Trust, Inc., 2021 Term Loan, (1-mo. LIBOR US at 0.50% Floor + 3.05%), 7.81%, 06/09/26(d) | | | | | | | 18,203 | | | | 17,358,820 | |
Vaco Holdings LLC, 2022 Term Loan, (3-mo. CME Term SOFR + 5.00%), 10.59%, 01/21/29 | | | | | | | 4,260 | | | | 4,029,355 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 346,802,380 | |
| | | | | | | | | | | | |
Total Floating Rate Loan Interests — 3.7% (Cost: $714,149,075) | | | | | | | | 681,913,862 | |
| | | | | | | | | | | | |
|
Foreign Agency Obligations | |
| | | |
Argentina — 0.2% | | | | | | | | | |
Argentine Republic Government International Bond | | | | | | | | | | | | |
4.13%, 07/09/24(a)(r) | | | | | | | 44,033 | | | | 13,718,692 | |
5.00%, 07/09/24(a)(r) | | | | | | | 14,865 | | | | 5,343,718 | |
1.75%, 07/09/27(a)(r) | | | | | | | 35,805 | | | | 12,306,618 | |
1.00%, 07/09/29 | | | | | | | 3,751 | | | | 1,254,226 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 32,623,254 | |
| | | |
Bahrain(c) — 0.0% | | | | | | | | | |
Bahrain Government International Bond | | | | | | | | | | | | |
5.45%, 09/16/32 | | | | | | | 1,402 | | | | 1,283,068 | |
7.50%, 09/20/47 | | | | | | | 1,082 | | | | 1,019,439 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,302,507 | |
| | | |
Brazil — 1.0% | | | | | | | | | |
Brazil Letras do Tesouro Nacional, 0.00%, 07/01/24(s) | | | | | | | 591,234 | | | | 113,363,858 | |
Brazil Notas do Tesouro Nacional | | | | | | | | | | | | |
Series F, 10.00%, 01/01/25 | | | | | | | 124,938 | | | | 26,177,406 | |
Series F, 10.00%, 01/01/27 | | | | | | | 175,887 | | | | 36,934,569 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 176,475,833 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Canada — 0.5% | | | | | | | | | |
Canadian Government Bond, 0.25%, 03/01/26 | | | | | | | 142,065 | | | $ | 96,867,936 | |
| | | | | | | | | | | | |
| | | |
Chile — 0.0% | | | | | | | | | |
Chile Government International Bond, 4.34%, 03/07/42 | | | | | | | 2,267 | | | | 2,003,144 | |
| | | | | | | | | | | | |
| | | |
Colombia — 0.2% | | | | | | | | | |
Colombia Government International Bond | | | | | | | | | | | | |
4.50%, 01/28/26 | | | | | | | 2,944 | | | | 2,829,949 | |
3.88%, 03/22/26 | | | | | | | 655 | | | | 690,566 | |
3.88%, 04/25/27 | | | | | | | 1,811 | | | | 1,663,838 | |
3.13%, 04/15/31 | | | | | | | 4,564 | | | | 3,562,202 | |
8.00%, 04/20/33 | | | | | | | 2,105 | | | | 2,209,661 | |
Colombian TES | | | | | | | | | | | | |
Series B, 5.75%, 11/03/27 | | | | | | | 27,261,200 | | | | 5,961,867 | |
Series B, 7.00%, 03/26/31 | | | | | | | 45,709,300 | | | | 9,752,279 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 26,670,362 | |
| | | |
Costa Rica — 0.0% | | | | | | | | | |
Costa Rica Government International Bond, 6.55%, 04/03/34(c) | | | | | | | 951 | | | | 962,117 | |
| | | | | | | | | | | | |
| | | |
Czech Republic — 0.1% | | | | | | | | | |
Czech Republic Government Bond, 5.00%, 09/30/30 | | | | | | | 475,170 | | | | 23,020,228 | |
| | | | | | | | | | | | |
| | | |
Dominican Republic — 0.1% | | | | | | | | | |
Dominican Republic International Bond | | | | | | | | | | | | |
6.88%, 01/29/26(c) | | | | | | | 1,477 | | | | 1,490,219 | |
5.95%, 01/25/27(c) | | | | | | | 2,074 | | | | 2,047,619 | |
4.50%, 01/30/30(b) | | | | | | | 2,367 | | | | 2,095,150 | |
7.05%, 02/03/31(b) | | | | | | | 655 | | | | 661,412 | |
4.88%, 09/23/32(b) | | | | | | | 3,821 | | | | 3,307,496 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 9,601,896 | |
| | | |
Egypt(b) — 0.0% | | | | | | | | | |
Egypt Government International Bond | | | | | | | | | | | | |
8.50%, 01/31/47 | | | | | | | 1,099 | | | | 639,574 | |
7.50%, 02/16/61 | | | | | | | 1,244 | | | | 677,806 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 1,317,380 | |
| | | |
Guatemala — 0.0% | | | | | | | | | |
Guatemala Government Bond | | | | | | | | | | | | |
5.25%, 08/10/29(c) | | | | | | | 2,070 | | | | 1,973,869 | |
5.25%, 08/10/29(b) | | | | | | | 1,082 | | | | 1,031,752 | |
3.70%, 10/07/33(c) | | | | | | | 1,977 | | | | 1,608,883 | |
6.60%, 06/13/36(b) | | | | | | | 920 | | | | 941,620 | |
4.65%, 10/07/41(b) | | | | | | | 259 | | | | 208,466 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 5,764,590 | |
| | | |
Hong Kong — 0.0% | | | | | | | | | |
Hong Kong Government International Bond | | | | | | | | | | | | |
4.50%, 01/11/28 | | | | | | | 250 | | | | 251,288 | |
4.63%, 01/11/33(c) | | | | | | | 200 | | | | 204,916 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 456,204 | |
| | | |
Hungary — 0.0% | | | | | | | | | |
Hungary Government International Bond | | | | | | | | | | | | |
5.38%, 03/25/24 | | | | | | | 368 | | | | 366,598 | |
5.25%, 06/16/29(b) | | | | | | | 2,199 | | | | 2,153,679 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,520,277 | |
19
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Indonesia — 0.4% | | | | | | | | | |
Indonesia Government International Bond | | | | | | | | | | | | |
4.55%, 01/11/28 | | | | | | | 200 | | | $ | 197,190 | |
4.65%, 09/20/32 | | | | | | | 4,355 | | | | 4,289,327 | |
4.85%, 01/11/33 | | | | | | | 200 | | | | 199,310 | |
5.65%, 01/11/53 | | | | | | | 200 | | | | 211,058 | |
Indonesia Treasury Bond | | | | | | | | | | | | |
Series FR72, 8.25%, 05/15/36 | | | | | | | 326,927,000 | | | | 24,931,436 | |
Series FR98, 7.13%, 06/15/38 | | | | | | | 646,754,000 | | | | 45,675,929 | |
Perusahaan Penerbit SBSN Indonesia III, 4.40%, 06/06/27(b) | | | | | | | 1,151 | | | | 1,131,732 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 76,635,982 | |
| | | |
Ivory Coast(c) — 0.0% | | | | | | | | | |
Ivory Coast Government International Bond | | | | | | | | | | | | |
6.38%, 03/03/28 | | | | | | | 3,867 | | | | 3,771,408 | |
5.88%, 10/17/31 | | | | | | | 641 | | | | 610,078 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 4,381,486 | |
| | | |
Jordan — 0.0% | | | | | | | | | |
Jordan Government International Bond, 4.95%, 07/07/25(c) | | | | | | | 852 | | | | 828,016 | |
| | | | | | | | | | | | |
| | | |
Mexico — 0.9% | | | | | | | | | |
Mexican Bonos, Series M, 7.75%, 05/29/31 | | | | | | | 1,626,470 | | | | 91,159,054 | |
Mexico Bonos | | | | | | | | | | | | |
Series M, 8.50%, 05/31/29 | | | | | | | 399,386 | | | | 23,468,489 | |
Series M, 7.50%, 05/26/33 | | | | | | | 722,485 | | | | 39,372,277 | |
Mexico Government International Bond | | | | | | | | | | | | |
3.75%, 01/11/28 | | | | | | | 2,037 | | | | 1,930,241 | |
2.66%, 05/24/31 | | | | | | | 4,408 | | | | 3,658,816 | |
4.88%, 05/19/33 | | | | | | | 871 | | | | 833,521 | |
6.35%, 02/09/35 | | | | | | | 395 | | | | 414,296 | |
6.34%, 05/04/53 | | | | | | | 385 | | | | 392,122 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 161,228,816 | |
| | | |
Morocco — 0.0% | | | | | | | | | |
Morocco Government International Bond, 5.95%, 03/08/28(b) | | | | | | | 964 | | | | 969,562 | |
| | | | | | | | | | | | |
| | | |
Nigeria — 0.0% | | | | | | | | | |
Nigeria Government International Bond | | | | | | | | | | | | |
8.38%, 03/24/29(b) | | | | | | | 1,336 | | | | 1,252,246 | |
7.63%, 11/28/47(c) | | | | | | | 2,004 | | | | 1,491,758 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,744,004 | |
| | | |
Oman(c) — 0.0% | | | | | | | | | |
Oman Government International Bond | | | | | | | | | | | | |
6.50%, 03/08/47 | | | | | | | 2,074 | | | | 1,990,211 | |
6.75%, 01/17/48 | | | | | | | 2,489 | | | | 2,457,912 | |
Oman Sovereign Sukuk Co., 4.40%, 06/01/24 | | | | | | | 640 | | �� | | 629,325 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 5,077,448 | |
| | | |
Panama — 0.1% | | | | | | | | | |
Panama Government International Bond | | | | | | | | | | | | |
3.88%, 03/17/28 | | | | | | | 1,010 | | | | 951,420 | |
3.16%, 01/23/30 | | | | | | | 2,690 | | | | 2,354,207 | |
6.40%, 02/14/35 | | | | | | | 2,292 | | | | 2,391,267 | |
6.85%, 03/28/54 | | | | | | | 1,960 | | | | 2,051,316 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 7,748,210 | |
| | | | | | | | | | |
Security | | | | Par (000) | | | Value | |
| | | |
Paraguay — 0.0% | | | | | | | | |
Paraguay Government International Bond, 5.60%, 03/13/48(c) | | | | | 1,757 | | | $ | 1,547,091 | |
| | | | | | | | | | |
| | | |
Peru — 0.1% | | | | | | | | |
Corp. Financiera de Desarrollo SA, 4.75%, 07/15/25(c) | | | | | 2,203 | | | | 2,155,393 | |
Peruvian Government International Bond | | | | | | | | | | |
2.78%, 01/23/31 | | | | | 2,043 | | | | 1,734,405 | |
1.86%, 12/01/32 | | | | | 3,894 | | | | 2,955,546 | |
| | | | | | | | | | |
| | | |
| | | | | | | | | 6,845,344 | |
| | | |
Philippines — 0.0% | | | | | | | | |
Philippines Government International Bond, 2.65%, 12/10/45 | | | | | 1,200 | | | | 812,832 | |
| | | | | | | | | | |
| | | |
Poland — 0.0% | | | | | | | | |
Republic of Poland Government International Bond | | | | | | | | | | |
4.88%, 10/04/33 | | | | | 879 | | | | 867,134 | |
4.25%, 02/14/43(c) | | | | | 1,170 | | | | 1,256,120 | |
5.50%, 04/04/53 | | | | | 1,345 | | | | 1,361,929 | |
| | | | | | | | | | |
| | | |
| | | | | | | | | 3,485,183 | |
| | | |
Romania — 0.1% | | | | | | | | |
Romanian Government International Bond | | | | | | | | | | |
5.25%, 11/25/27(b) | | | | | 2,190 | | | | 2,139,192 | |
2.88%, 03/11/29(c) | | | | | 2,273 | | | | 2,200,289 | |
2.50%, 02/08/30(c) | | | | | 2,392 | | | | 2,205,628 | |
2.12%, 07/16/31(c) | | | | | 1,323 | | | | 1,121,250 | |
| | | | | | | | | | |
| | | |
| | | | | | | | | 7,666,359 | |
| | | |
Saudi Arabia — 0.0% | | | | | | | | |
Saudi Government International Bond | | | | | | | | | | |
4.50%, 04/17/30(c) | | | | | 2,553 | | | | 2,502,374 | |
5.00%, 01/18/53(b) | | | | | 1,940 | | | | 1,784,393 | |
| | | | | | | | | | |
| | | |
| | | | | | | | | 4,286,767 | |
| | | |
Senegal — 0.0% | | | | | | | | |
Senegal Government International Bond, 6.25%, 05/23/33(c) | | | | | 1,300 | | | | 1,117,467 | |
| | | | | | | | | | |
| | | |
South Africa — 0.3% | | | | | | | | |
Republic of South Africa Government Bond | | | | | | | | | | |
Series 2040, 9.00%, 01/31/40 | | | | | 635,107 | | | | 27,695,508 | |
Series 2044, 8.75%, 01/31/44 | | | | | 115,982 | | | | 4,817,332 | |
Republic of South Africa Government International Bond | | | | | | | | | | |
4.85%, 09/30/29 | | | | | 1,804 | | | | 1,628,002 | |
5.88%, 04/20/32 | | | | | 1,742 | | | | 1,595,411 | |
5.00%, 10/12/46 | | | | | 2,881 | | | | 2,012,148 | |
Series 2030, 8.00%, 01/31/30 | | | | | 252,928 | | | | 12,676,509 | |
Series 2032, 8.25%, 03/31/32 | | | | | 172,088 | | | | 8,221,067 | |
| | | | | | | | | | |
| | | |
| | | | | | | | | 58,645,977 | |
| | | |
South Korea(c) — 0.0% | | | | | | | | |
Korea National Oil Corp. | | | | | | | | | | |
4.75%, 04/03/26 | | | | | 200 | | | | 196,472 | |
4.88%, 04/03/28 | | | | | 200 | | | | 198,052 | |
| | | | | | | | | | |
| | | |
| | | | | | | | | 394,524 | |
| | | |
Spain(b)(c) — 2.9% | | | | | | | | |
Spain Government Bond 2.55%, 10/31/32 | | | | | 235,276 | | | | 241,346,327 | |
20
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
|
Spain (continued) | |
Spain Government Bond (continued) | | | | | | | | | | | | |
3.15%, 04/30/33 | | | | | | | 205,950 | | | $ | 220,871,629 | |
3.90%, 07/30/39 | | | | | | | 23,177 | | | | 25,684,251 | |
2.90%, 10/31/46 | | | | | | | 22,348 | | | | 20,949,776 | |
3.45%, 07/30/66 | | | | | | | 17,359 | | | | 16,866,881 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 525,718,864 | |
| | | |
Ukraine(a)(e)(n) — 0.0% | | | | | | | | | |
Ukraine Government International Bond | | | | | | | | | | | | |
7.75%, 09/01/25(c) | | | | | | | 1,244 | | | | 409,898 | |
7.75%, 09/01/26(c) | | | | | | | 3,515 | | | | 1,107,225 | |
7.25%, 03/15/35(b) | | | | | | | 3,049 | | | | 912,352 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 2,429,475 | |
| | | |
United Kingdom — 0.2% | | | | | | | | | |
United Kingdom Gilt, 0.50%, 10/22/61(c) | | | | | | | 102,040 | | | | 40,213,421 | |
| | | | | | | | | | | | |
| | | |
Uruguay — 0.0% | | | | | | | | | |
Uruguay Government International Bond, 5.75%, 10/28/34 | | | | | | | 2,256 | | | | 2,430,344 | |
| | | | | | | | | | | | |
| | | |
Total Foreign Agency Obligations — 7.1% (Cost: $1,306,634,393) | | | | | | | | | | | 1,295,792,900 | |
| | | | | | | | | | | | |
| | | |
| | | | | Shares | | | | |
| | | |
Investment Companies | | | | | | | | | | | | |
| | | |
United States — 2.6% | | | | | | | | | |
Industrial Select Sector SPDR Fund(g) | | | | | | | 112,009 | | | | 12,368,034 | |
Invesco QQQ Trust, Series 1(g) | | | | | | | 236,000 | | | | 90,548,480 | |
iShares 0-5 Year TIPS Bond ETF(f) | | | | | | | 190,821 | | | | 18,610,772 | |
iShares Biotechnology ETF(f)(g) | | | | | | | 19,698 | | | | 2,547,148 | |
iShares China Large-Cap ETF(f) | | | | | | | 882,789 | | | | 26,854,441 | |
iShares JP Morgan USD Emerging Markets Bond ETF(f) | | | | | | | 273,736 | | | | 24,001,172 | |
iShares Latin America 40 ETF(f)(g) | | | | | | | 371,046 | | | | 10,563,680 | |
iShares MSCI Brazil ETF(f) | | | | | | | 436,853 | | | | 14,796,211 | |
iShares MSCI Emerging Markets ETF(f) | | | | | | | 56,435 | | | | 2,367,448 | |
iShares Russell Mid-Cap Growth ETF(f)(g) | | | | | | | 48,366 | | | | 4,813,868 | |
SPDR Bloomberg High Yield Bond ETF(g) | | | | | | | 95,958 | | | | 8,900,105 | |
SPDR Gold Shares, B Shares(e)(i)(j) | | | | | | | 1,185,903 | | | | 216,249,412 | |
VanEck J. P. Morgan EM Local Currency Bond ETF(g) | | | | | | | 1,063,266 | | | | 27,538,589 | |
VanEck Semiconductor ETF(e)(g) | | | | | | | 59,954 | | | | 9,629,812 | |
| | | | | | | | | | | | |
| | | |
Total Investment Companies — 2.6% (Cost: $440,940,165) | | | | | | | | | | | 469,789,172 | |
| | | | | | | | | | | | |
| | | |
| | | | | Par (000) | | | | |
| |
Non-Agency Mortgage-Backed Securities | | | | | |
| | | |
Cayman Islands(a)(b) — 0.0% | | | | | | | | | |
Arbor Realty Commercial Real Estate Notes Ltd., Series 2021-FL4, Class A, (1-mo. Term SOFR + 1.46%), 6.69%, 11/15/36 | | | USD | | | | 656 | | | | 646,570 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
Cayman Islands (continued) | | | | | | | | | |
FS Rialto, Series 2021-FL3, Class A, (1-mo. LIBOR US + 1.25%), 6.59%, 11/16/36 | | | USD | | | | 389 | | | $ | 381,339 | |
Greystone CRE Notes Ltd., Series 2021-FL3, Class A, (1-mo. Term SOFR + 1.13%), 6.36%, 07/15/39 | | | | | | | 3,594 | | | | 3,513,770 | |
MF1 Ltd., Series 2021-FL6, Class A, (1-mo. Term SOFR + 1.21%), 6.44%, 07/16/36 | | | | | | | 2,970 | | | | 2,932,875 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 7,474,554 | |
| | | |
United States — 3.4% | | | | | | | | | |
1211 Avenue of the Americas Trust, Series 2015- 1211, Class D, 4.14%, 08/10/35(a)(b) | | | | | | | 4,330 | | | | 3,774,929 | |
Ajax Mortgage Loan Trust(a)(b)
| | | | | | | | | | | | |
Series 2021-E, Class A1, 1.74%, 12/25/60 | | | | | | | 22,262 | | | | 18,805,230 | |
Series 2021-E, Class A2, 2.69%, 12/25/60 | | | | | | | 3,304 | | | | 2,674,547 | |
Series 2021-E, Class B1, 3.73%, 12/25/60 | | | | | | | 2,184 | | | | 1,748,467 | |
Series 2021-E, Class M1, 2.94%, 12/25/60 | | | | | | | 1,332 | | | | 1,052,266 | |
Alen Mortgage Trust, Series 2021-ACEN, Class D, (1-mo. Term SOFR + 3.21%), 8.44%, 04/15/34(a)(b) | | | | | | | 5,222 | | | | 3,487,403 | |
Arbor Multifamily Mortgage Securities Trust, Series 2020-MF1, Class E, 1.75%, 05/15/53(b) | | | | | | | 1,650 | | | | 865,975 | |
Arbor Realty Commercial Real Estate Notes Ltd., Series 2022-FL2, Class A, (1-mo. Term SOFR + 1.85%), 7.07%, 05/15/37(a)(b) | | | | | | | 8,035 | | | | 7,974,241 | |
BAMLL Commercial Mortgage Securities Trust(a)(b)
| | | | | | | | | | | | |
Series 2015-200P, Class D, 3.60%, 04/14/33 | | | | | | | 730 | | | | 646,592 | |
Series 2018-DSNY, Class A, (1-mo. Term SOFR + 0.90%), 6.12%, 09/15/34 | | | | | | | 2,468 | | | | 2,456,091 | |
Bank, Series 2017-BNK9, Class A4, 3.54%, 11/15/54 | | | | | | | 1,990 | | | | 1,834,288 | |
Bayview Commercial Asset Trust(a)(b) | | | | | | | | | | | | |
Series 2005-3A, Class M6, (1-mo. Term SOFR + 1.16%), 6.11%, 11/25/35 | | | | | | | 316 | | | | 288,100 | |
Series 2006-3A, Class M1, (1-mo. Term SOFR + 0.62%), 5.75%, 10/25/36 | | | | | | | 345 | | | | 320,156 | |
BBCMS Mortgage Trust,
| | | | | | | | | | | | |
Series 2018-TALL, Class C, (1-mo. Term SOFR + 1.32%), 6.54%, 03/15/37(a)(b) | | | | | | | 4,880 | | | | 3,593,207 | |
Beast Mortgage Trust(a)(b) | | | | | | | | | | | | |
Series 2021-SSCP, Class A, (1-mo. Term SOFR + 0.86%), 6.09%, 04/15/36 | | | | | | | 1,955 | | | | 1,894,964 | |
Series 2021-SSCP, Class B, (1-mo. Term SOFR + 1.21%), 6.44%, 04/15/36 | | | | | | | 4,812 | | | | 4,596,768 | |
Series 2021-SSCP, Class C, (1-mo. Term SOFR + 1.46%), 6.69%, 04/15/36 | | | | | | | 5,803 | | | | 5,537,520 | |
Series 2021-SSCP, Class D, (1-mo. Term SOFR + 1.71%), 6.94%, 04/15/36 | | | | | | | 5,329 | | | | 5,036,019 | |
Series 2021-SSCP, Class E, (1-mo. Term SOFR + 2.21%), 7.44%, 04/15/36 | | | | | | | 4,614 | | | | 4,302,559 | |
Series 2021-SSCP, Class F, (1-mo. Term SOFR + 3.01%), 8.24%, 04/15/36 | | | | | | | 4,410 | | | | 4,113,178 | |
Series 2021-SSCP, Class G, (1-mo. Term SOFR + 3.91%), 9.14%, 04/15/36 | | | | | | | 4,993 | | | | 4,655,311 | |
Series 2021-SSCP, Class H, (1-mo. Term SOFR + 5.02%), 10.24%, 04/15/36 | | | | | | | 3,541 | | | | 3,297,302 | |
21
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Benchmark Mortgage Trust | | | | | | | | | | | | |
Series 2021-B23, Class XA, 1.27%, 02/15/54(a) | | | USD | | | | 54,625 | | | $ | 3,490,501 | |
Series 2021-B25, Class A5, 2.58%, 04/15/54 | | | | | | | 5,050 | | | | 4,023,079 | |
BHMS Mortgage Trust(a)(b) | | | | | | | | | | | | |
Series 2018-ATLS, Class A, (1-mo. Term SOFR + 1.30%), 6.77%, 07/15/35 | | | | | | | 6,720 | | | | 6,563,157 | |
Series 2018-ATLS, Class C, (1-mo. Term SOFR + 1.95%), 7.42%, 07/15/35 | | | | | | | 1,583 | | | | 1,515,931 | |
BOCA Commercial Mortgage Trust, Series 2022- BOCA, Class A, (1-mo. Term SOFR + 1.77%), 6.99%, 05/15/39(a)(b) | | | | | | | 2,411 | | | | 2,404,205 | |
BWAY Mortgage Trust, Series 2013-1515, Class D, 3.63%, 03/10/33(b) | | | | | | | 3,735 | | | | 3,388,367 | |
BX Commercial Mortgage Trust(b) | | | | | | | | | | | | |
Series 2019-XL, Class A, (1-mo. Term SOFR + 1.03%), 6.26%, 10/15/36(a) | | | | | | | 1,915 | | | | 1,908,716 | |
Series 2019-XL, Class G, (1-mo. Term SOFR + 2.41%), 7.64%, 10/15/36(a) | | | | | | | 8,011 | | | | 7,870,142 | |
Series 2019-XL, Class J, (1-mo. Term SOFR + 2.76%), 7.99%, 10/15/36(a) | | | | | | | 10,664 | | | | 10,324,174 | |
Series 2020-VIV4, Class A, 2.84%, 03/09/44 | | | | | | | 1,425 | | | | 1,185,294 | |
Series 2020-VKNG, Class G, (1-mo. Term SOFR + 3.36%), 8.59%, 10/15/37(a) | | | | | | | 1,050 | | | | 1,006,544 | |
Series 2021-NWM, Class A, (1-mo. Term SOFR + 1.02%), 6.25%, 02/15/33(a) | | | | | | | 18,808 | | | | 18,287,590 | |
Series 2021-NWM, Class B, (1-mo. Term SOFR + 2.26%), 7.49%, 02/15/33(a) | | | | | | | 11,028 | | | | 10,808,863 | |
Series 2021-NWM, Class C, (1-mo. Term SOFR + 4.36%), 9.59%, 02/15/33(a) | | | | | | | 7,282 | | | | 7,119,699 | |
Series 2021-SOAR, Class G, (1-mo. Term SOFR + 2.91%), 8.14%, 06/15/38(a) | | | | | | | 8,546 | | | | 8,117,685 | |
Series 2021-VINO, Class F, (1-mo. Term SOFR + 2.92%), 8.14%, 05/15/38(a) | | | | | | | 7,824 | | | | 7,431,406 | |
Series 2021-XL2, Class A, (1-mo. Term SOFR + 0.80%), 6.03%, 10/15/38(a) | | | | | | | 2,370 | | | | 2,316,584 | |
Series 2021-XL2, Class F, (1-mo. Term SOFR + 2.36%), 7.58%, 10/15/38(a) | | | | | | | 12,828 | | | | 12,216,922 | |
BX Trust(a)(b) | | | | | | | | | | | | |
Series 2019-OC11, Class D, 3.94%, 12/09/41 | | | | | | | 8,408 | | | | 7,017,060 | |
Series 2019-OC11, Class E, 3.94%, 12/09/41 | | | | | | | 11,784 | | | | 9,449,487 | |
Series 2021-ARIA, Class E, (1-mo. Term SOFR + 2.36%), 7.58%, 10/15/36 | | | | | | | 9,187 | | | | 8,542,603 | |
Series 2021-MFM1, Class E, (1-mo. Term SOFR + 2.36%), 7.59%, 01/15/34 | | | | | | | 2,857 | | | | 2,764,272 | |
Series 2021-MFM1, Class F, (1-mo. Term SOFR + 3.11%), 8.34%, 01/15/34 | | | | | | | 4,431 | | | | 4,258,602 | |
CAMB Commercial Mortgage Trust, Series 2019- LIFE, Class E, (1-mo. Term SOFR + 2.26%), 7.49%, 12/15/37(a)(b) | | | | | | | 1,358 | | | | 1,340,303 | |
CD Mortgage Trust, Series 2017-CD6, Class B, 3.91%, 11/13/50(a) | | | | | | | 864 | | | | 696,841 | |
Citigroup Commercial Mortgage Trust, Series 2018-C6, Class A4, 4.41%, 11/10/51 | | | | | | | 2,000 | | | | 1,886,571 | |
Cold Storage Trust, Series 2020-ICE5, Class A, (1-mo. Term SOFR + 1.01%), 6.24%, 11/15/37(a)(b) | | | | | | | 6,007 | | | | 5,939,250 | |
Commercial Mortgage Trust, Series 2014-CR21, Class A3, 3.53%, 12/10/47 | | | | | | | 3,655 | | | | 3,523,913 | |
Credit Suisse Mortgage Capital Certificates Trust(a)(b) 8.55%, 02/15/24(d) | | | | | | | 11,900 | | | | 10,671,179 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Credit Suisse Mortgage Capital Certificates Trust(a)(b) (continued) | | | | | | | | | | | | |
Series 2019-ICE4, Class B, (1-mo. Term SOFR + 1.28%), 6.50%, 05/15/36 | | | USD | | | | 1,761 | | | $ | 1,751,726 | |
Series 2019-ICE4, Class C, (1-mo. Term SOFR + 1.48%), 6.70%, 05/15/36 | | | | | | | 1,824 | | | | 1,811,214 | |
Series 2019-ICE4, Class D, (1-mo. Term SOFR + 1.65%), 6.87%, 05/15/36 | | | | | | | 5,882 | | | | 5,835,512 | |
Series 2019-ICE4, Class E, (1-mo. Term SOFR + 2.20%), 7.42%, 05/15/36 | | | | | | | 5,398 | | | | 5,339,199 | |
Series 2019-ICE4, Class F, (1-mo. Term SOFR + 2.70%), 7.92%, 05/15/36 | | | | | | | 8,115 | | | | 8,023,211 | |
CSAIL Commercial Mortgage Trust | | | | | | | | | | | | |
Series 2020-C19, Class A3, 2.56%, 03/15/53 | | | | | | | 11,759 | | | | 9,750,404 | |
Series C, Class C5, 4.64%, 11/15/48(a) | | | | | | | 640 | | | | 573,190 | |
Csmc Trust, Series 2020-FACT, Class E, (1-mo. Term SOFR + 4.98%), 10.20%, 10/15/37(a)(b) | | | | | | | 1,513 | | | | 1,349,170 | |
CSMC Trust, Series 2020-NET, Class A, 2.26%, 08/15/37(b) | | | | | | | 3,918 | | | | 3,517,270 | |
DBGS Mortgage Trust(a)(b) | | | | | | | | | | | | |
Series 2018-BIOD, Class A, (1-mo. Term SOFR + 1.10%), 6.32%, 05/15/35 | | | | | | | 786 | | | | 782,876 | |
Series 2018-BIOD, Class D, (1-mo. Term SOFR + 1.60%), 6.82%, 05/15/35 | | | | | | | 1,865 | | | | 1,827,673 | |
Series 2018-BIOD, Class F, (1-mo. Term SOFR + 2.30%), 7.52%, 05/15/35 | | | | | | | 7,767 | | | | 7,504,025 | |
DBWF Mortgage Trust(a)(b) | | | | | | | | | | | | |
Series 2018-GLKS, Class B, (1-mo. Term SOFR + 1.50%), 6.74%, 12/19/30 | | | | | | | 2,175 | | | | 2,152,737 | |
Series 2018-GLKS, Class C, (1-mo. Term SOFR + 1.90%), 7.14%, 12/19/30 | | | | | | | 1,650 | | | | 1,629,295 | |
ELP Commercial Mortgage Trust, Series 2021-ELP, Class F, (1-mo. Term SOFR + 2.78%), 8.00%, 11/15/38(a)(b) | | | | | | | 6,593 | | | | 6,328,722 | |
Extended Stay America Trust(a)(b) | | | | | | | | | | | | |
Series 2021-ESH, Class D, (1-mo. Term SOFR + 2.36%), 7.59%, 07/15/38 | | | | | | | 13,704 | | | | 13,395,126 | |
Series 2021-ESH, Class E, (1-mo. Term SOFR + 2.96%), 8.19%, 07/15/38 | | | | | | | 9,579 | | | | 9,339,345 | |
Freddie Mac STACR REMIC Trust, Series 2022- DNA1, Class B1, (30-day Avg SOFR + 3.40%), 8.47%, 01/25/42(a)(b) | | | | | | | 2,121 | | | | 2,122,339 | |
FS Rialto Issuer LLC, Series 2022-FL6, Class A, (1-mo. Term SOFR + 2.58%), 7.83%, 08/17/37(a)(b) | | | | | | | 8,341 | | | | 8,340,832 | |
GCT Commercial Mortgage Trust, Series 2021- GCT D, Class D, (1-mo. Term SOFR + 2.46%), 7.69%, 02/15/38(a)(b) | | | | | | | 810 | | | | 284,347 | |
GS Mortgage Securities Corp. Trust(a)(b) | | | | | | | | | | | | |
Series 2021-DM, Class E, (1-mo. Term SOFR + 3.05%), 8.27%, 11/15/36 | | | | | | | 12,756 | | | | 12,228,706 | |
Series 2021-ROSS, Class A, (1-mo. Term SOFR + 1.26%), 6.49%, 05/15/26 | | | | | | | 1,480 | | | | 1,312,149 | |
Series 2022-ECI, Class A, (1-mo. Term SOFR + 2.19%), 7.42%, 08/15/39 | | | | | | | 1,358 | | | | 1,359,783 | |
GS Mortgage Securities Trust | | | | | | | | | | | | |
Series 2020-GC47, Class AS, 2.73%, 05/12/53 | | | | | | | 4,426 | | | | 3,637,348 | |
Series 2020-GSA2, Class XA, 1.72%, 12/12/53(a)(b) | | | | | | | 2,186 | | | | 189,744 | |
Series 2021-IP, Class A, (1-mo. Term SOFR + 1.06%), 6.29%, 10/15/36(a)(b) | | | | | | | 1,493 | | | | 1,411,190 | |
22
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Hudson Yards Mortgage Trust, Series 2016-10HY, Class E, 2.98%, 08/10/38(a)(b) | | | USD | | | | 897 | | | $ | 732,680 | |
Independence Plaza Trust, Series 2018-INDP, Class B, 3.91%, 07/10/35(b) | | | | | | | 2,215 | | | | 2,055,174 | |
JP Morgan Chase Commercial Mortgage Securities Trust(a)(b) | | | | | | | | | | | | |
Series 2018-WPT, Class DFL, (1-mo. LIBOR US + 2.50%), 7.76%, 07/05/33 | | | | | | | 1,253 | | | | 1,045,968 | |
Series 2021-INV5, Class F, (1-mo. Term SOFR + 3.06%), 8.29%, 04/15/38 | | | | | | | 3,330 | | | | 3,200,572 | |
Series 2021-MHC, Class E, (1-mo. Term SOFR + 2.56%), 7.79%, 04/15/38 | | | | | | | 7,630 | | | | 7,371,686 | |
Series 2022-NXSS, Class A, (1-mo. Term SOFR + 2.18%), 7.40%, 09/15/39 | | | | | | | 1,795 | | | | 1,797,424 | |
Series 2022-OPO, Class C, 3.56%, 01/05/39 | | | | | | | 3,082 | | | | 2,162,943 | |
JP Morgan Mortgage Trust(a)(b) | | | | | | | | | | | | |
Series 2021-INV7, Class A2A, 2.50%, 12/25/51 | | | | | | | 68,149 | | | | 54,681,709 | |
Series 2021-INV7, Class A3A, 2.50%, 02/25/52 | | | | | | | 26,651 | | | | 22,912,764 | |
Series 2021-INV7, Class A4A, 2.50%, 02/25/52 | | | | | | | 10,574 | | | | 6,927,086 | |
JPMCC Commercial Mortgage Securities Trust, Series 2019-COR4, Class A5, 4.03%, 03/10/52 | | | | | | | 4,308 | | | | 3,868,288 | |
KKR Industrial Portfolio Trust, Series 2021-KDIP, Class A, (1-mo. Term SOFR + 0.66%), 5.89%, 12/15/37(a)(b) | | | | | | | 1,900 | | | | 1,871,057 | |
LUXE Trust, Series 2021-TRIP, Class E, (1-mo. Term SOFR + 2.86%), 8.09%, 10/15/38(a)(b) | | | | | | | 1,215 | | | | 1,169,621 | |
MCM Trust, 3.00%, 08/25/28(d) | | | | | | | 6,479 | | | | 4,191,312 | |
MED Trust(a)(b) | | | | | | | | | | | | |
Series 2021, Class A, (1-mo. Term SOFR + 1.06%), 6.29%, 11/15/38 | | | | | | | 1,584 | | | | 1,546,186 | |
Series 2021, Class F, (1-mo. Term SOFR + 4.11%), 9.34%, 11/15/38 | | | | | | | 16,332 | | | | 15,410,938 | |
Series 2021-MDLN, Class G, (1-mo. Term SOFR + 5.36%), 10.59%, 11/15/38 | | | | | | | 17,548 | | | | 16,277,888 | |
MF1 Trust, Series 2021-W10, Class F, (1-mo. Term SOFR + 3.37%), 8.59%, 12/15/34(a)(b) | | | | | | | 8,512 | | | | 7,918,345 | |
MHC Commercial Mortgage Trust(a)(b) | | | | | | | | | | | | |
Series 2021-MHC, Class E, (1-mo. Term SOFR + 2.22%), 7.44%, 04/15/38 | | | | | | | 11,590 | | | | 11,306,961 | |
Series 2021-MHC, Class F, (1-mo. Term SOFR + 2.72%), 7.94%, 04/15/38 | | | | | | | 2,225 | | | | 2,153,946 | |
MHP Trust, Series 2021-STOR, Class G, (1-mo. Term SOFR + 2.86%), 8.09%, 07/15/38(a)(b) | | | | | | | 3,936 | | | | 3,743,856 | |
Morgan Stanley Bank of America Merrill Lynch Trust | | | | | | | | | | | | |
Series 2015-C24, Class C, 4.32%, 05/15/48(a) | | | | | | | 647 | | | | 559,648 | |
Series 2016-C32, Class A4, 3.72%, 12/15/49 | | | | | | | 3,377 | | | | 3,155,276 | |
Morgan Stanley Capital I Trust | | | | | | | | | | | | |
Series 2018-MP, Class A, 4.28%, 07/11/40(a)(b) | | | | | | | 2,110 | | | | 1,720,490 | |
Series 2020-L4, Class A3, 2.70%, 02/15/53 | | | | | | | 2,855 | | | | 2,399,516 | |
PKHL Commercial Mortgage Trust, Series 2021- MF, Class F, (1-mo. Term SOFR + 3.46%), 8.69%, 07/15/38(a)(b) | | | | | | | 1,881 | | | | 1,456,114 | |
Ready Capital Mortgage Financing LLC, Series 2022-FL10, Class A, (1-mo. Term SOFR + 2.55%), 7.86%, 10/25/39(a)(b) | | | | | | | 12,457 | | | | 12,450,239 | |
RIAL Issuer Ltd., Series 2022-FL8, Class A, (1-mo. Term SOFR + 2.25%), 7.48%, 01/19/37(a)(b) | | | | | | | 4,557 | | | | 4,471,556 | |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
SREIT Trust(a)(b) | | | | | | | | | | | | |
Series 2021-MFP, Class A, (1-mo. Term SOFR + 0.85%), 6.07%, 11/15/38 | | | USD | | | | 1,605 | | | $ | 1,572,723 | |
Series 2021-MFP, Class F, (1-mo. Term SOFR + 2.74%), 7.96%, 11/15/38 | | | | | | | 9,828 | | | | 9,446,357 | |
Series 2021-MFP2, Class F, (1-mo. Term SOFR + 2.73%), 7.95%, 11/15/36 | | | | | | | 4,565 | | | | 4,382,013 | |
Starwood Trust, Series 2021-FLWR, Class E, (1- mo. Term SOFR + 2.04%), 7.26%, 07/15/36(a)(b) | | | | | | | 3,290 | | | | 3,125,104 | |
TVC DSCR, 0.00%, 02/01/51(d) | | | | | | | 31,702 | | | | 29,132,155 | |
UBS Commercial Mortgage Trust, Series 2019- C17, Class A4, 2.92%, 10/15/52 | | | | | | | 1,175 | | | | 997,805 | |
VNDO Trust, Series 2016-350P, Class D, 3.90%, 01/10/35(a)(b) | | | | | | | 2,150 | | | | 1,875,628 | |
Wells Fargo Commercial Mortgage Trust(a) | | | | | | | | | | | | |
Series 2015-C28, Class AS, 3.87%, 05/15/48 | | | | | | | 3,230 | | | | 3,030,357 | |
Series 2017-C38, Class C, 3.90%, 07/15/50 | | | | | | | 1,305 | | | | 1,075,090 | |
Series 2017-C41, Class B, 4.19%, 11/15/50 | | | | | | | 1,656 | | | | 1,364,754 | |
Series 2018-1745, Class A, 3.75%, 06/15/36(b) | | | | | | | 2,162 | | | | 1,826,335 | |
Series 2020-C58, Class XA, 1.80%, 07/15/53 | | | | | | | 30,287 | | | | 2,842,692 | |
Series 2021-C59, Class XA, 1.53%, 04/15/54 | | | | | | | 24,840 | | | | 1,997,389 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 622,048,831 | |
| | | | | | | | | | | | |
| | |
Total Non-Agency Mortgage-Backed Securities — 3.4% (Cost: $695,584,799) | | | | | | | | 629,523,385 | |
| | | | | | | | | | | | |
| | | |
| | | | | Benefical Interest (000) | | | | |
| | | |
Other Interests | | | | | | | | | | | | |
| | | |
Canada — 0.1% | | | | | | | | | |
Sprott Private Resource Streaming(d)(t) | | | USD | | | | 21,280 | | | | 21,173,248 | |
| | | | | | | | | | | | |
| | | |
Total Other Interests — 0.1% (Cost: $21,471,327) | | | | | | | | | | | 21,173,248 | |
| | | | | | | | | | | | |
| | | |
| | | | | Par (000) | | | | |
| | | |
Preferred Securities | | | | | | | | | | | | |
| | | |
Capital Trusts — 0.0%(a)(o) | | | | | | | | | |
| | | |
Mexico — 0.0% | | | | | | | | | |
Banco Mercantil del Norte SA, 5.88%(b) | | | USD | | | | 1,037 | | | | 889,227 | |
| | | | | | | | | | | | |
Philippines — 0.0% | | | | | | | | | |
Rizal Commercial Banking Corp., 6.50%(c) | | | | | | | 1,000 | | | | 874,740 | |
| | | | | | | | | | | | |
Thailand — 0.0% | | | | | | | | | |
Kasikornbank PCL, 5.28%(c) | | | | | | | 300 | | | | 285,750 | |
| | | | | | | | | | | | |
| | | |
United States — 0.0% | | | | | | | | | |
USB Capital IX, 6.59% | | | | | | | 3,935 | | | | 3,039,789 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 5,089,506 | |
| | | | | | | | | | | | |
| | | |
| | | | | Shares | | | | |
| | | |
Preferred Stocks — 2.7% | | | | | | | | | |
| | | |
Brazil — 0.2% | | | | | | | | | |
Bradespar SA | | | | | | | 151,190 | | | | 751,035 | |
23
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | |
Security | | Shares | | | Value | |
| | |
Brazil (continued) | | | | | | |
Cia Energetica de Minas Gerais | | | 1,700,610 | | | $ | 4,556,538 | |
Neon Pagamentos SA, Series F(d) | | | 39,435 | | | | 21,220,368 | |
| | | | | | | | |
| | |
| | | | | | | 26,527,941 | |
| | | | | | | | |
| | |
China — 0.3% | | | | | | |
ByteDance Ltd., Series E -1, (Acquired 11/11/20, Cost: $33,821,714)(d)(h) | | | 308,665 | | | | 55,521,292 | |
| | | | | | | | |
| | |
Finland — 0.0% | | | | | | |
Aiven, Series D(d) | | | 86,562 | | | | 7,970,629 | |
| | | | | | | | |
| | |
Germany — 0.3% | | | | | | |
Dr Ing hc F Porsche AG(b) | | | 187,852 | | | | 22,971,042 | |
Volkswagen AG | | | 23,787 | | | | 3,151,196 | |
Volocopter GmbH, Series D-2, (Acquired 03/03/21, Cost: $22,418,516)(d)(h) | | | 4,218 | | | | 27,379,500 | |
| | | | | | | | |
| | |
| | | | | | | 53,501,738 | |
| | | | | | | | |
| | |
India — 0.0% | | | | | | |
Think & Learn Private Ltd., Series F, (Acquired 12/11/20, Cost: $13,030,114)(d)(h) | | | 4,047 | | | | 3,077,579 | |
| | | | | | | | |
| | |
Israel(d)(h) — 0.1% | | | | | | |
Deep Instinct Ltd.
| | | | | | | | |
Series D -2, (Acquired 03/19/21, Cost: $11,638,040) | | | 1,914,819 | | | | 13,499,474 | |
Series D-4, (Acquired 09/20/22, Cost: $10,933,893) | | | 1,550,832 | | | | 10,933,365 | |
| | | | | | | | |
| | |
| | | | | | | 24,432,839 | |
| | |
Sweden — 0.0% | | | | | | |
Volta Trucks, Series C, (Acquired 02/22/22, Cost: $3,635,023)(d)(h) | | | 30,817 | | | | 4,426,854 | |
| | | | | | | | |
| | |
United Kingdom — 0.1% | | | | | | |
10X Future Technologies Holdings Ltd., Series D, (Acquired 05/13/21, Cost: $24,142,699)(d)(h) | | | 637,808 | | | | 9,036,577 | |
| | | | | | | | |
| | |
United States(d) — 1.7% | | | | | | |
Breeze Aviation Group, Inc., Series B, (Acquired 07/30/21, Cost: $17,069,096)(h) | | | 31,603 | | | | 12,192,437 | |
Caresyntax, Inc. | | | | | | | | |
Series C-2 | | | 67,497 | | | | 6,455,413 | |
Series C-3 | | | 9,724 | | | | 779,463 | |
Cruise, Series GClass G, (Acquired 03/25/21, Cost: $9,841,593)(h) | | | 373,495 | | | | 7,130,020 | |
Databricks, Inc.(h)
| | | | | | | | |
Series F, (Acquired 10/22/19, Cost: $11,769,837) | | | 822,138 | | | | 45,669,766 | |
Series G, (Acquired 02/01/21, Cost: $13,141,188) | | | 222,270 | | | | 12,347,098 | |
Dream Finders Homes, Inc., 12/31/49 | | | 38,156 | | | | 34,769,655 | |
Exo Imaging, Inc., Series C, (Acquired 06/24/21, Cost: $8,339,244)(h) | | | 1,423,565 | | | | 3,985,982 | |
Farmer’s Business Network, Inc.(h)
| | | | | | | | |
Series F, (Acquired 07/31/20, Cost: $8,907,002) | | | 269,447 | | | | 11,618,555 | |
Series G, (Acquired 09/15/21, Cost: $2,533,428) | | | 40,758 | | | | 1,757,485 | |
Jumpcloud, Inc.(h) | | | | | | | | |
Series E -1, (Acquired 10/30/20, Cost: $11,778,091) | | | 6,458,349 | | | | 16,404,206 | |
Series F, (Acquired 09/03/21, Cost: $2,543,928) | | | 424,788 | | | | 1,078,962 | |
Lessen Nine GmbH Series B | | | 841,086 | | | | 8,494,969 | |
| | | | | | | | | | | | |
Security | | | | | Shares | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Lessen Nine GmbH (continued) Series C | | | | | | | 259,727 | | | $ | 2,623,243 | |
Loadsmart, Inc.(h)
| | | | | | | | | | | | |
Series C, (Acquired 10/05/20, Cost: $10,694,460) | | | | | | | 1,250,814 | | | | 17,086,119 | |
Series D, (Acquired 01/27/22, Cost: $2,628,040) | | | | | | | 131,402 | | | | 1,794,951 | |
Lookout, Inc., Series F, (Acquired 09/19/14, Cost: $50,945,689)(h) | | | | | | | 4,459,883 | | | | 20,827,654 | |
MNTN Digital, Inc., Series D, (Acquired 11/05/21, Cost: $7,559,970)(h) | | | | | | | 329,191 | | | | 4,483,581 | |
Mythic AI, Inc., Series C, (Acquired 01/26/21, Cost: $6,129,221)(h) | | | | | | | 892,159 | | | | 9 | |
Noodle Partners, Inc., Series C, (Acquired 08/26/21, Cost: $9,816,152)(h) | | | | | | | 1,099,886 | | | | 5,664,413 | |
PsiQuantum Corp., Series D, (Acquired 05/21/21, Cost: $5,269,814)(h) | | | | | | | 200,937 | | | | 5,678,480 | |
Relativity Space, Inc., Series E, (Acquired 05/27/21, Cost: $9,126,025)(h) | | | | | | | 399,649 | | | | 6,646,163 | |
SambaNova Systems, Inc.(h)
| | | | | | | | | | | | |
Series C, (Acquired 02/19/20, Cost: $11,739,902) | | | | | | | 220,503 | | | | 18,334,824 | |
Series D, (Acquired 04/09/21, Cost: $6,878,356) | | | | | | | 72,390 | | | | 6,019,228 | |
Sci Ph Parent, Inc., Series F, (Acquired 02/10/23, Cost: $3,949,000), 12/31/79(h) | | | | | | | 3,949 | | | | 3,669,786 | |
Snorkel AI, Inc., Series C, (Acquired 06/30/21, Cost: $3,799,839)(h) | | | | | | | 252,991 | | | | 2,800,610 | |
Ursa Major Technologies, Inc.(h) | | | | | | | | | | | | |
Series C, (Acquired 09/13/21, Cost: $9,742,600) | | | | | | | 1,633,349 | | | | 10,829,104 | |
Series D, (Acquired 10/14/22, Cost: $1,326,169) | | | | | | | 200,098 | | | | 1,326,650 | |
Verge Genomics, Inc., Series B, (Acquired 11/05/21, Cost: $9,084,159)(h) | | | | | | | 1,705,369 | | | | 11,016,684 | |
Versa Networks, Inc., Series E, (Acquired 10/14/22, Cost: $5,641,940), 10/07/32(h) | | | | | | | 1,933,359 | | | | 6,109,414 | |
Zero Mass Water, Inc.(h) | | | | | | | | | | | | |
Series C -1, (Acquired 05/07/20, Cost: $8,796,956) | | | | | | | 558,055 | | | | 16,830,939 | |
Series D, (Acquired 07/05/22, Cost: $1,648,279) | | | | | | | 40,240 | | | | 1,599,138 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 306,025,001 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 490,520,450 | |
| | | |
Trust Preferreds — 0.2% | | | | | | | | | |
| | | |
United States — 0.2% | | | | | | | | | |
Citigroup Capital XIII, 10/30/40(a) | | | | | | | 629,905 | | | | 18,260,946 | |
Wells Fargo & Co., Series L(o) | | | | | | | 5,825 | | | | 6,867,617 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 25,128,563 | |
| | | | | | | | | | | | |
Total Preferred Securities — 2.9% (Cost: $505,556,570) | | | | | | | | 520,738,519 | |
| | | | | | | | | | | | |
| | | |
| | | | | Par (000) | | | | |
|
U.S. Government Sponsored Agency Securities | |
| | | |
Mortgage-Backed Securities — 4.7% | | | | | | | | | |
Fannie Mae, Series 2018-M13, Class A2, 3.74%, 09/25/30(a) | | | USD | | | | 1,712 | | | | 1,626,542 | |
Freddie Mac Multifamily Structured Pass Through Certificates, Series KW09, Class X1, 0.80%, 05/25/29(a) | | | | | | | 57,711 | | | | 1,984,852 | |
24
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | | | | Par (000) | | | Value | |
|
Mortgage-Backed Securities (continued) | |
Freddie Mac Multifamily Structured Pass-Through Certificates(a) | | | | | | | | | | | | |
Series K105, Class X1, 1.52%, 01/25/30 | | | USD | | | | 11,826 | | | $ | 916,329 | |
Series K109, Class X1, 1.58%, 04/25/30 | | | | | | | 15,071 | | | | 1,229,836 | |
Series K110, Class X1, 1.70%, 04/25/30 | | | | | | | 8,644 | | | | 741,703 | |
Series K116, Class X1, 1.42%, 07/25/30 | | | | | | | 7,753 | | | | 581,258 | |
Series K120, Class X1, 1.04%, 10/25/30 | | | | | | | 50,107 | | | | 2,793,578 | |
Series KL06, Class XFX, 1.36%, 12/25/29 | | | | | | | 8,414 | | | | 495,650 | |
Uniform Mortgage-Backed Securities 3.00%, 08/14/53 | | | | | | | 94,683 | | | | 82,836,219 | |
3.50%, 08/14/53(u) | | | | | | | 559,468 | | | | 506,875,724 | |
4.50%, 08/14/53(u) | | | | | | | 272,345 | | | | 260,738,730 | |
| | | | | | | | | | | | |
Total U.S. Government Sponsored Agency Securities — 4.7% (Cost: $854,536,453) | | | | | | | | 860,820,421 | |
| | | | | | | | | | | | |
| | | |
U.S. Treasury Obligations | | | | | | | | | | | | |
U.S. Treasury Bonds | | | | | | | | | | | | |
2.38%, 02/15/42 | | | | | | | 24,926 | | | | 19,013,712 | |
3.25%, 05/15/42(v)(w) | | | | | | | 62,651 | | | | 54,789,995 | |
3.38%, 08/15/42(v) | | | | | | | 36,513 | | | | 32,479,454 | |
4.00%, 11/15/52(w) | | | | | | | 50,893 | | | | 50,845,488 | |
U.S. Treasury Inflation-Indexed Notes | | | | | | | | | | | | |
0.13%, 04/15/27 | | | | | | | 22,746 | | | | 21,129,527 | |
0.63%, 07/15/32(v) | | | | | | | 74,723 | | | | 68,521,926 | |
U.S. Treasury Notes, 0.75%, 12/31/23(j) | | | | | | | 39,431 | | | | 38,682,231 | |
| | | | | | | | | | | | |
Total U.S. Treasury Obligations — 1.6% (Cost: $298,745,281) | | | | | | | | | | | 285,462,333 | |
| | | | | | | | | | | | |
| | | |
| | | | | Shares | | | | |
|
Warrants | |
| | | |
Cayman Islands — 0.0% | | | | | | | | | |
Lavoro Ltd., Class A, (Issued 12/27/22, Exercisable | | | | | |
12/27/23, 1 Share for 1 Warrant, Expires | | | | | | | | | | | | |
12/27/27, Strike Price USD 11.50)(e) | | | | | | | 95,675 | | | | 74,378 | |
| | | | | | | | | | | | |
| | | |
Israel(e) — 0.0% | | | | | | | | | |
Deep Instinct Ltd., (Acquired 09/20/22, Cost: $0), (1 Share for 1 Warrant, Expires 09/20/32)(d)(h) | | | | | | | 109,339 | | | | 651,661 | |
Innovid Corp., (Issued/Exercisable 01/28/21, 1 Share for 1 Warrant, Expires 12/31/27, Strike Price USD 11.50) | | | | | | | 49,253 | | | | 3,940 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 655,601 | |
| | | |
Switzerland — 0.0% | | | | | | | | | |
Cie Financiere Richemont SA, (Issued 11/27/20, Exercisable 11/22/23, 0.01 Share for 1 Warrant, Expires 11/22/23, Strike Price CHF 67.00)(e) | | | | | | | 4,654 | | | | 5,734 | |
| | | | | | | | | | | | |
| | | |
United States(e) — 0.2% | | | | | | | | | |
Cano Health, Inc., (Issued 07/06/20, Exercisable 07/06/21, 1 Share for 1 Warrant, Expires 03/03/26, Strike Price USD 11.50) | | | | | | | 268,681 | | | | 55,429 | |
| | | | | | | | |
Security | | Shares | | | Value | |
| | |
United States (continued) | | | | | | |
Caresyntax, Inc., (Expires 06/21/33, Strike Price USD 0.01)(d) | | | 7,660 | | | $ | 732,526 | |
Crown PropTech Acquisitions, (Issued 01/30/23, 1 Share for 1 Warrant, Expires 02/11/26, Strike Price USD 11.50) | | | 162,368 | | | | 11,366 | |
Crown PropTech Acquisitions, (Issued 02/05/21, 1 Share for 1 Warrant, Expires 02/01/26, Strike Price USD 11.50)(d) | | | 271,336 | | | | 24,420 | |
Embark Technology, Inc., (Issued/Exercisable 12/28/20, 0.05 Share for 1 Warrant, Expires 12/31/27, Strike Price USD 11.50) | | | 126,570 | | | | 1,266 | |
EVgo, Inc., (Issued/Exercisable 11/10/20, 1 Share for 1 Warrant, Expires 09/15/25, Strike Price USD 11.50) | | | 146,070 | | | | 89,103 | |
Flyr Warrants, (Issued 05/10/22, 1 Share for 1 Warrant, Expires 05/10/32, Strike Price USD 3.95)(d) | | | 35,428 | | | | 620,698 | |
FreeWire Technologies, Inc., (Expires 04/26/29, Strike Price USD 3.35)(d) | | | 881,598 | | | | 9 | |
FreeWire Technologies, Inc., (Issued 04/27/22, 1 Share for 1 Warrant, Expires 04/26/27, Strike Price USD 3.35)(d) | | | 927,998 | | | | 324,799 | |
FreeWire Technologies, Inc., (Issued 05/02/22, Expires 04/26/27, Strike Price USD 3.35)(d) | | | 46,400 | | | | 16,240 | |
Green Plains, Inc., (Issued 02/05/21, 1 Share for 1 Warrant, Expires 04/28/26, Strike Price USD 22.00) | | | 1,464,976 | | | | 28,135,113 | |
Hawkeye 360, (Issued 07/07/23, 1 Share for 1 Warrant, Expires 07/07/33, Strike Price USD 0.01)(d) | | | 181,009 | | | | 2 | |
Hawkeye 360, (Issued 07/07/23, 1 Share for 1 Warrant, Expires 07/07/33, Strike Price USD 0.01)(d) | | | 71,829 | | | | 1 | |
Hawkeye 360, (Issued 07/07/23, 1 Share for 1 Warrant, Expires 07/07/33, Strike Price USD 11.17)d) | | | 28,732 | | | | — | |
Hippo Holdings, Inc., (Issued/Exercisable 01/04/21, 0.04 Share for 1 Warrant, Expires 08/02/26, Strike Price USD 11.50) | | | 123,393 | | | | 4,319 | |
Latch, Inc., (Issued/Exercisable 12/29/20, 1 Share for 1 Warrant, Expires 06/04/26, Strike Price USD 11.50)(g) | | | 111,795 | | | | 24,349 | |
Lightning eMotors, Inc., (Issued/Exercisable 05/13/20, 1 Share for 1 Warrant, Expires 05/18/25, Strike Price USD 11.50) | | | 292,348 | | | | 4,531 | |
Offerpad Solutions, Inc., (Issued/Exercisable 10/13/20, 1 Share for 1 Warrant, Expires 09/01/26, Strike Price USD 11.50) | | | 226,443 | | | | 4,529 | |
Proof Acquisition Corp. I, (1 Share for 1 Warrant, Expires 12/23/28, Strike Price USD 11.50)(d) | | | 271,281 | | | | 21,702 | |
Sarcos Technology & Robotics Corp., (Issued 01/15/21, 1 Share for 1 Warrant, Expires 06/15/27, Strike Price USD 69.00) | | | 92,406 | | | | 3,696 | |
25
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | Shares | | | Value | |
| | | |
United States (continued) | | | | | | | | | |
Sarcos Technology & Robotics Corp., Class A, (Issued/Exercisable 12/21/20, 1 Share for 1 Warrant, Expires 06/15/27, Strike Price USD 11.50) | | | | | | | 254,485 | | | $ | 8,907 | |
Sonder Holdings, Inc., (Issued 11/19/20, Exercisable 01/19/21, 1 Share for 1 Warrant, Expires 11/19/26, Strike Price USD 12.50)(d) | | | | | | | 295,710 | | | | 3 | |
Versa Networks, Inc., (Acquired 10/14/22, Cost: $0), (1 Share for 1 Warrant, Expires 10/07/32) (d)(h) | | | | | | | 238,291 | | | | 681,512 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 30,764,520 | |
| | | | | | | | | | | | |
| |
Total Warrants — 0.2% (Cost: $4,086,196) | | | | 31,500,233 | |
| | | | | | | | |
| |
Total Long-Term Investments — 96.6% (Cost: $15,245,639,953) | | | | 17,678,161,548 | |
| | | | | | | | | | | | |
| | |
| | Par (000) | | | | |
| | | |
Short-Term Securities | | | | | | | | | | | | |
| | | |
Certificates of Deposit — 0.2% | | | | | | | | | | | | |
| | | |
United States — 0.2% | | | | | | | | | |
Citibank N.A., 5.00%, 09/21/23 | | | USD | | | | 29,540 | | | | 29,512,534 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 29,512,534 | |
| | | | | | | | | | | | |
| | | |
Commercial Paper — 0.5% | | | | | | | | | | | | |
| | | |
France — 0.1% | | | | | | | | | |
Societe Generale SA, 5.78%, 03/06/24(x) | | | | | | | 15,007 | | | | 14,492,200 | |
| | | | | | | | | | | | |
| | | |
United Kingdom(x) — 0.1% | | | | | | | | | |
UBS AG/London, 6.28%, 06/18/24 | | | | | | | 10,655 | | | | 10,111,137 | |
UBS AG/London, 6.13%, 06/25/24(b) | | | | | | | 10,655 | | | | 10,099,448 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 20,210,585 | |
| | | |
United States(x) — 0.3% | | | | | | | | | |
3M Co., 5.63%, 09/07/23 | | | | | | | 20,019 | | | | 19,907,111 | |
HSBC USA, Inc. | | | | | | | | | | | | |
5.70%, 11/20/23 | | | | | | | 7,087 | | | | 6,963,837 | |
6.64%, 06/24/24 | | | | | | | 7,000 | | | | 6,610,601 | |
6.62%, 07/01/24 | | | | | | | 10,995 | | | | 10,369,839 | |
Johnson & Johnson, 5.23%, 08/14/23 | | | | | | | 19,932 | | | | 19,891,197 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 63,742,585 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 98,445,370 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Security | | Shares | | | Value | |
| | | |
Money Market Funds — 5.2% | | | | | | | | | |
BlackRock Liquidity Funds, T-Fund, Institutional Class, 5.16%(f)(y) | | | | | | | 657,199,121 | | | $ | 657,199,121 | |
SL Liquidity Series, LLC, Money Market Series, 5.47%(f)(y)(z) | | | | | | | 287,766,595 | | | | 287,824,149 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 945,023,270 | |
| | | | | | | | | | | | |
| | | |
| | | | | Par (000) | | | | |
| | | |
Time Deposits — 0.1% | | | | | | | | | |
| | | |
Australia — 0.0% | | | | | | | | | |
Australia & New Zealand Banking Group Ltd., 2.61%, 08/01/23 | | | AUD | | | | 5,358 | | | | 3,599,079 | |
Brown Brothers Harriman & Co. | | | | | | | | | | | | |
2.60%, 08/01/23 | | | NOK | | | | 549 | | | | 54,184 | |
4.10%, 08/01/23 | | | NZD | | | | 90 | | | | 55,573 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 3,708,836 | |
| | | |
Canada — 0.0% | | | | | | | | | |
Brown Brothers Harriman & Co., 3.58%, 08/01/23 | | | CAD | | | | 1,485 | | | | 1,126,202 | |
| | | | | | | | | | | | |
| | | |
Denmark — 0.0% | | | | | | | | | |
Brown Brothers Harriman & Co., 2.01%, 08/01/23 | | | DKK | | | | 367 | | | | 54,151 | |
| | | | | | | | | | | | |
| | | |
Hong Kong — 0.0% | | | | | | | | | |
Brown Brothers Harriman & Co., 3.29%, 08/01/23 | | | HKD | | | | 15,056 | | | | 1,930,560 | |
| | | | | | | | | | | | |
| | | |
Japan — 0.0% | | | | | | | | | |
Sumitomo Bank Tokyo, (0.31%), 08/03/23 | | | JPY | | | | 763,774 | | | | 5,368,671 | |
| | | | | | | | | | | | |
| | | |
Singapore — 0.0% | | | | | | | | | |
Hongkong & Shanghai Banking Corp. Ltd., 2.46%, 08/01/23 | | | SGD | | | | 72 | | | | 54,339 | |
| | | | | | | | | | | | |
| | | |
South Africa — 0.0% | | | | | | | | | |
Brown Brothers Harriman & Co., 6.27%, 08/01/23 | | | ZAR | | | | 44,729 | | | | 2,501,101 | |
| | | | | | | | | | | | |
| | | |
Sweden — 0.0% | | | | | | | | | |
Brown Brothers Harriman & Co., 2.26%, 08/01/23 | | | SEK | | | | 568 | | | | 53,981 | |
| | | | | | | | | | | | |
| | | |
Switzerland — 0.0% | | | | | | | | | |
BNP Paribas, 0.73%, 08/01/23 | | | CHF | | | | 1,933 | | | | 2,216,630 | |
| | | | | | | | | | | | |
| | | |
United Kingdom — 0.0% | | | | | | | | | |
ING Bank NV, 3.91%, 08/01/23 | | | GBP | | | | 3,512 | | | | 4,506,621 | |
| | | | | | | | | | | | |
| | | |
United States — 0.1% | | | | | | | | | |
Citibank, New York, 2.38%, 08/01/23(j) | | | EUR | | | | 5,855 | | | | 6,437,921 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 27,959,013 | |
| | | | | | | | | | | | |
| | | |
U.S. Treasury Obligations — 2.2% | | | | | | | | | |
U.S. Treasury Bills, 5.42%, 11/14/23(x) | | | USD | | | | 1,507 | | | | 1,483,842 | |
26
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. (Percentages shown are based on Net Assets) |
| | | | | | | | | | | | |
Security | | Par (000) | | | Value | |
|
U.S. Treasury Obligations (continued) | |
U.S. Treasury Inflation-Indexed Notes | | | | | | | | | | | | |
0.63%, 01/15/24 | | | USD | | | | 266,311 | | | $ | 262,254,110 | |
0.50%, 04/15/24 | | | | | | | 144,987 | | | | 141,620,935 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | 405,358,887 | |
| | | | | | | | | | | | |
| |
Total Short-Term Securities — 8.2% (Cost: $1,511,535,904) | | | | 1,506,299,074 | |
| | | | | | | | | | | | |
| |
Options Purchased — 0.5% (Cost: $109,003,069) | | | | 88,364,980 | |
| | | | | | | | | | | | |
| |
Total Investments Before TBA Sale Commitments and Options Written — 105.3% (Cost: $16,866,178,926) | | | | 19,272,825,602 | |
| | | | | | | | | | | | |
| | |
| | Shares | | | | |
| | | |
Investments Sold Short | | | | | | | | | | | | |
| | | |
Common Stocks | | | | | | | | | |
| | | |
France — (0.0)% | | | | | | | | | |
Pernod Ricard SA | | | | | | | (31,333 | ) | | | (6,908,035 | ) |
| | | | | | | | | | | | |
| | | |
United States — (0.3)% | | | | | | | | | |
Cloudflare, Inc., Class A(e) | | | | | | | (188,643 | ) | | | (12,972,979 | ) |
JM Smucker Co | | | | | | | (51,256 | ) | | | (7,721,716 | ) |
Palantir Technologies, Inc., Class A(e) | | | | | | | (537,139 | ) | | | (10,656,838 | ) |
Snowflake, Inc., Class A(e) | | | | | | | (72,756 | ) | | | (12,929,469 | ) |
| | | | | | | | | | | | |
| | | |
| | | | | | | | | | | (44,281,002 | ) |
| | | | | | | | | | | | |
| |
Total Investments Sold Short — (0.3)% (Proceeds: $(46,601,077)) | | | | (51,189,037 | ) |
| | | | | | | | | | | | |
| | |
| | Par (000) | | | | |
| | | |
TBA Sale Commitments(u) | | | | | | | | | | | | |
| | | |
United States — (1.9)% | | | | | | | | | |
Uniform Mortgage-Backed Securities | | | | | | | | | | | | |
3.00%, 08/14/53 | | | USD | | | | (94,682 | ) | | | (82,836,218 | ) |
3.50%, 08/14/53 | | | | | | | (202,667 | ) | | | (183,615,260 | ) |
4.50%, 08/14/53 | | | | | | | (89,874 | ) | | | (86,043,823 | ) |
| | | | | | | | | | | | |
| |
Total TBA Sale Commitments — (1.9)% (Proceeds: $(354,026,053)) | | | | (352,495,301 | ) |
| | | | | | | | | | | | |
| |
Options Written — (0.4)% (Premiums Received: $(55,517,182)) | | | | (75,314,475 | ) |
| | | | | | | | | | | | |
| |
Total Investments, Net of TBA Sale Commitments and Options Written — 102.7% (Cost: $16,410,034,614) | | | | 18,793,826,789 | |
| | | |
Liabilities in Excess of Other Assets — (2.7)% | | | | | | | | | | | (490,133,262 | ) |
| | | | | | | | | | | | |
| | | |
Net Assets — 100.0% | | | | | | | | | | $ | 18,303,693,527 | |
| | | | | | | | |
(a) | Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available. |
(b) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(c) | This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. |
(d) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(e) | Non-income producing security. |
(f) | Affiliate of the Fund. |
(g) | All or a portion of this security is on loan. |
(h) | Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $519,732,268, representing 2.8% of its net assets as of period end, and an original cost of $511,439,090. |
(i) | All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written. |
(j) | All or a portion of the security is held by a wholly-owned subsidiary. |
(k) | Investment does not issue shares. |
(l) | Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates. |
(m) | When-issued security. |
(n) | Issuer filed for bankruptcy and/or is in default. |
(o) | Perpetual security with no stated maturity date. |
(p) | Convertible security. |
(q) | Represents an unsettled loan commitment at period end. Certain details associated with this purchase are not known prior to the settlement date, including coupon rate. |
(r) | Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect. |
(t) | Other interests represent beneficial interests in liquidation trusts and other reorganization or private entities. |
(u) | Represents or includes a TBA transaction. |
(v) | All or a portion of the security has been pledged as collateral in connection with outstanding OTC derivatives. |
(w) | All or a portion of the security has been pledged as collateral in connection with outstanding TBA commitments. |
(x) | Rates are discount rates or a range of discount rates as of period end. |
(y) | Annualized 7-day yield as of period end. |
(z) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
27
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Affiliated Issuer | | Value at 04/30/23 | | | Purchases at Cost | | | Proceeds from Sales | | | Net Realized Gain (Loss) | | | Change in Unrealized Appreciation (Depreciation) | | | Value at 07/31/23 | | | Par/Shares Held at 07/31/23 | | | Income | | | Capital Gain Distributions from Underlying Funds | | |
| | Bio City Development Co. B.V | | $ | 10,915,875 | | | $ | — | | | $ | — | | | $ | — | | | $ | (704,250 | ) | | $ | 10,211,625 | | | | 140,850,000 | | | $ | — | | | $— | | |
| | BlackRock Liquidity Funds, T-Fund, Institutional Class | | | 1,395,015,218 | | | | — | | | | (737,816,097 | )(a) | | | — | | | | — | | | | 657,199,121 | | | | 657,199,121 | | | | 11,859,073 | | | — | | |
| | iShares 0-5 Year TIPS Bond ETF | | | 18,921,810 | | | | — | | | | — | | | | — | | | | (311,038 | ) | | | 18,610,772 | | | | 190,821 | | | | 242,209 | | | — | | |
| | iShares Biotechnology ETF | | | 2,570,786 | | | | — | | | | — | | | | — | | | | (23,638 | ) | | | 2,547,148 | | | | 19,698 | | | | 122 | | | — | | |
| | iShares China Large-Cap ETF | | | 1,952,192 | | | | 24,261,556 | | | | (1,875,426 | ) | | | 250,552 | | | | 2,265,567 | | | | 26,854,441 | | | | 882,789 | | | | — | | | — | | |
| | iShares iBoxx $ Investment Grade | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Corporate Bond ETF | | | 72,644,602 | | | | — | | | | — | | | | — | | | | (1,374,518 | ) | | | 71,270,084 | | | | 660,826 | | | | 706,095 | | | — | | |
| | iShares JP Morgan USD Emerging Markets Bond ETF | | | 23,582,357 | | | | — | | | | — | | | | — | | | | 418,815 | | | | 24,001,172 | | | | 273,736 | | | | 287,167 | | | — | | |
| | iShares Latin America 40 ETF | | | 9,124,021 | | | | — | | | | — | | | | — | | | | 1,439,659 | | | | 10,563,680 | | | | 371,046 | | | | 177,633 | | | — | | |
| | iShares MSCI Brazil ETF | | | 12,349,834 | | | | — | | | | — | | | | — | | | | 2,446,377 | | | | 14,796,211 | | | | 436,853 | | | | 330,357 | | | — | | |
| | iShares MSCI Emerging Markets ETF | | | 2,208,302 | | | | — | | | | — | | | | — | | | | 159,146 | | | | 2,367,448 | | | | 56,435 | | | | 17,503 | | | — | | |
| | iShares Russell Mid-Cap Growth ETF | | | — | | | | 4,611,800 | | | | — | | | | — | | | | 202,068 | | | | 4,813,868 | | | | 48,366 | | | | — | | | — | | |
| | Quintis Australia Pty. Ltd. | | | 92,389,186 | | | | — | | | | — | | | | — | | | | (33,253,414 | ) | | | 59,129,079 | | | | 92,389,186 | | | | 3,189,788 | | | — | | |
| | Quintis Australia Pty. Ltd. | | | 2,877,422 | | | | — | | | | — | | | | — | | | | (2,810,280 | ) | | | 8 | | | | 82,684,528 | | | | — | | | — | | |
| | Quintis HoldCo. Pty. Ltd. | | | 289 | | | | — | | | | — | | | | — | | | | 5 | | | | 294 | | | | 43,735,802 | | | | — | | | — | | |
| | SL Liquidity Series, LLC, Money Market Series | | | 218,636,817 | | | | 69,145,145 | (a) | | | — | | | | 35,232 | | | | 6,955 | | | | 287,824,149 | | | | 287,766,595 | | | | 248,109 | (b) | | — | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | $ | 285,784 | | | $ | (31,538,546 | ) | | $ | 1,190,189,100 | | | | | | | $ | 17,058,056 | | | $— | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (a) | Represents net amount purchased (sold). |
| (b) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
| | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Notional Amount (000) | | | Value/ Unrealized Appreciation (Depreciation) | |
Long Contracts | | | | | | | | | | | | | | | | |
Euro BOBL | | | 2,478 | | | | 09/07/23 | | | $ | 315,749 | | | $ | (575,411 | ) |
Euro Bund | | | 6,033 | | | | 09/07/23 | | | | 882,227 | | | | (9,491,768 | ) |
Euro OAT | | | 445 | | | | 09/07/23 | | | | 62,402 | | | | (636,516 | ) |
Nikkei 225 Index | | | 81 | | | | 09/07/23 | | | | 18,969 | | | | 598,142 | |
10-Year Australian Treasury Bonds | | | 3,436 | | | | 09/15/23 | | | | 267,400 | | | | (2,946,816 | ) |
Euro Stoxx Banks Index | | | 2,024 | | | | 09/15/23 | | | | 12,721 | | | | 1,145,376 | |
MSCI Emerging Markets Index | | | 697 | | | | 09/15/23 | | | | 36,742 | | | | 1,644,284 | |
S&P 500 E-Mini Index | | | 1,983 | | | | 09/15/23 | | | | 457,528 | | | | 10,986,608 | |
3-Month SONIA Index | | | 691 | | | | 09/19/23 | | | | 210,325 | | | | (176,552 | ) |
U.S. Long Bond | | | 262 | | | | 09/20/23 | | | | 32,652 | | | | (696,393 | ) |
Ultra U.S. Treasury Bond | | | 1,930 | | | | 09/20/23 | | | | 255,725 | | | | (5,806,171 | ) |
Long Gilt | | | 572 | | | | 09/27/23 | | | | 70,567 | | | | (220,803 | ) |
5-Year U.S. Treasury Note | | | 27,022 | | | | 09/29/23 | | | | 2,888,187 | | | | (12,580,769 | ) |
ICE ECX Emission(a) | | | 21 | | | | 12/18/23 | | | | 2,001 | | | | 31,723 | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | (18,725,066 | ) |
| | | | | | | | | | | | | | | | |
Short Contracts | | | | | | | | | | | | | | | | |
30-Year Euro Buxl Bond | | | 89 | | | | 09/07/23 | | | | 13,169 | | | | 160,405 | |
Euro BTP | | | 581 | | | | 09/07/23 | | | | 74,102 | | | | (258,485 | ) |
Euro-Schatz | | | 834 | | | | 09/07/23 | | | | 96,329 | | | | 404,723 | |
Nikkei 225 Yen-Denominated | | | 27 | | | | 09/07/23 | | | | 3,156 | | | | (111,786 | ) |
10-Year Japanese Government Treasury Bonds | | | 300 | | | | 09/12/23 | | | | 309,563 | | | | 2,042,588 | |
28
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Futures Contracts (continued)
| | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Notional Amount (000) | | | Value/ Unrealized Appreciation (Depreciation) | |
Short Contracts (continued) | | | | | | | | | | | | | | | | |
Euro Stoxx 50 Index | | | 63 | | | | 09/15/23 | | | $ | 3,112 | | | $ | (111,047) | |
FTSE 100 Index | | | 73 | | | | 09/15/23 | | | | 7,206 | | | | (66,697 | ) |
NASDAQ 100 E-Mini Index | | | 1,899 | | | | 09/15/23 | | | | 602,268 | | | | (29,457,368 | ) |
Russell 2000 E-Mini Index | | | 159 | | | | 09/15/23 | | | | 16,008 | | | | (1,012,436 | ) |
10-Year U.S. Treasury Note | | | 7,102 | | | | 09/20/23 | | | | 791,651 | | | | 13,127,259 | |
10-Year U.S. Ultra Long Treasury Note | | | 19,486 | | | | 09/20/23 | | | | 2,281,080 | | | | 67,411,901 | |
SPI 200 Index | | | 35 | | | | 09/21/23 | | | | 4,340 | | | | (179,521 | ) |
2-Year U.S. Treasury Note | | | 18,334 | | | | 09/29/23 | | | | 3,723,091 | | | | 3,051,895 | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | 55,001,431 | |
| | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | $ | 36,276,365 | |
| | | | | | | | | | | | | | | | |
| (a) | All or a portion of the security is held by a wholly-owned subsidiary. |
Forward Foreign Currency Exchange Contracts
| | | | | | | | | | | | | | | | | | | | |
Currency Purchased | | | Currency Sold | | | Counterparty | | Settlement Date | | | Unrealized Appreciation (Depreciation) | |
BRL | | | 60,160,000 | | | USD | | | 12,270,039 | | | Citibank N.A. | | | 09/14/23 | | | $ | 358,756 | |
BRL | | | 134,040,751 | | | USD | | | 26,828,003 | | | Citibank N.A. | | | 09/14/23 | | | | 1,309,848 | |
CNH | | | 180,890,000 | | | USD | | | 25,110,313 | | | JPMorgan Chase Bank N.A. | | | 09/14/23 | | | | 295,800 | |
COP | | | 50,312,141,000 | | | USD | | | 12,430,117 | | | Standard Chartered Bank | | | 09/14/23 | | | | 245,893 | |
COP | | | 93,737,850,656 | | | USD | | | 21,937,246 | | | Standard Chartered Bank | | | 09/14/23 | | | | 1,679,757 | |
CZK | | | 521,710,623 | | | USD | | | 23,942,949 | | | HSBC Bank PLC | | | 09/14/23 | | | | 26,907 | |
CZK | | | 249,353,638 | | | USD | | | 11,290,485 | | | Toronto-Dominion Bank | | | 09/14/23 | | | | 166,001 | |
INR | | | 4,627,755,000 | | | USD | | | 55,859,391 | | | Citibank N.A. | | | 09/14/23 | | | | 345,438 | |
KRW | | | 16,299,530,000 | | | USD | | | 12,496,142 | | | Citibank N.A. | | | 09/14/23 | | | | 290,712 | |
MYR | | | 22,768,223 | | | USD | | | 5,037,217 | | | Barclays Bank PLC | | | 09/14/23 | | | | 27,640 | |
MYR | | | 22,770,500 | | | USD | | | 5,048,891 | | | Barclays Bank PLC | | | 09/14/23 | | | | 16,473 | |
NOK | | | 133,715,677 | | | USD | | | 12,160,762 | | | Deutsche Bank AG | | | 09/14/23 | | | | 1,051,200 | |
PLN | | | 74,640,000 | | | USD | | | 17,910,018 | | | Bank of America N.A. | | | 09/14/23 | | | | 683,587 | |
SGD | | | 17,113,288 | | | USD | | | 12,745,509 | | | JPMorgan Chase Bank N.A. | | | 09/14/23 | | | | 150,196 | |
THB | | | 619,645,000 | | | USD | | | 18,051,242 | | | Citibank N.A. | | | 09/14/23 | | | | 123,806 | |
THB | | | 1,110,703,570 | | | USD | | | 32,157,023 | | | HSBC Bank PLC | | | 09/14/23 | | | | 421,455 | |
USD | | | 475,336 | | | EUR | | | 427,773 | | | Morgan Stanley & Co. International PLC | | | 09/14/23 | | | | 4,022 | |
USD | | | 14,839,671 | | | HUF | | | 5,198,485,000 | | | JPMorgan Chase Bank N.A. | | | 09/14/23 | | | | 219,076 | |
USD | | | 8,801,401 | | | IDR | | | 131,587,107,063 | | | Morgan Stanley & Co. International PLC | | | 09/14/23 | | | | 91,964 | |
USD | | | 17,310,548 | | | IDR | | | 257,681,361,523 | | | UBS AG | | | 09/14/23 | | | | 255,234 | |
USD | | | 56,257,659 | | | INR | | | 4,627,755,000 | | | Barclays Bank PLC | | | 09/14/23 | | | | 52,831 | |
USD | | | 13,274,373 | | | NOK | | | 133,715,677 | | | Barclays Bank PLC | | | 09/14/23 | | | | 62,410 | |
ZAR | | | 226,110,000 | | | USD | | | 12,552,183 | | | HSBC Bank PLC | | | 09/14/23 | | | | 41,960 | |
BRL | | | 540,451,735 | | | USD | | | 108,135,764 | | | Barclays Bank PLC | | | 09/20/23 | | | | 5,211,767 | |
CAD | | | 169,798,629 | | | USD | | | 127,126,440 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 1,726,556 | |
CHF | | | 286,745,584 | | | USD | | | 318,294,276 | | | HSBC Bank PLC | | | 09/20/23 | | | | 12,220,385 | |
CNH | | | 131,291,140 | | | USD | | | 18,202,806 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 247,067 | |
CNH | | | 193,732,976 | | | USD | | | 26,807,945 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 416,655 | |
DKK | | | 472,776,663 | | | USD | | | 68,624,067 | | | BNP Paribas SA | | | 09/20/23 | | | | 1,337,151 | |
EUR | | | 498,630,668 | | | USD | | | 538,869,664 | | | Citibank N.A. | | | 09/20/23 | | | | 10,680,835 | |
EUR | | | 78,037,530 | | | USD | | | 85,994,954 | | | HSBC Bank PLC | | | 09/20/23 | | | | 11,716 | |
GBP | | | 30,301,715 | | | EUR | | | 35,090,806 | | | HSBC Bank PLC | | | 09/20/23 | | | | 221,533 | |
GBP | | | 46,996,829 | | | USD | | | 58,817,796 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 1,508,122 | |
KRW | | | 91,484,631,208 | | | USD | | | 69,835,063 | | | UBS AG | | | 09/20/23 | | | | 1,960,197 | |
MXN | | | 84,686,085 | | | USD | | | 4,798,545 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 214,345 | |
MXN | | | 1,772,383,326 | | | USD | | | 100,432,544 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 4,481,526 | |
MXN | | | 10,146,829 | | | USD | | | 579,129 | | | Morgan Stanley & Co. International PLC | | | 09/20/23 | | | | 21,500 | |
MXN | | | 521,965,921 | | | USD | | | 29,785,506 | | | State Street Bank and Trust Co. | | | 09/20/23 | | | | 1,111,630 | |
NOK | | | 914,933,434 | | | CHF | | | 76,781,907 | | | Bank of America N.A. | | | 09/20/23 | | | | 1,913,022 | |
NZD | | | 15,761,360 | | | USD | | | 9,629,876 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 160,123 | |
PLN | | | 118,529,124 | | | USD | | | 28,494,770 | | | Barclays Bank PLC | | | 09/20/23 | | | | 1,024,069 | |
29
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Forward Foreign Currency Exchange Contracts (continued)
| | | | | | | | | | | | | | | | | | | | |
Currency Purchased | | | Currency Sold | | | Counterparty | | Settlement Date | | | Unrealized Appreciation (Depreciation) | |
SGD | | | 46,807,617 | | | USD | | | 34,953,848 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | $ | 328,128 | |
USD | | | 82,700,884 | | | CNH | | | 587,126,653 | | | BNP Paribas SA | | | 09/20/23 | | | | 194,082 | |
USD | | | 36,991,154 | | | EUR | | | 32,802,591 | | | Bank of America N.A. | | | 09/20/23 | | | | 838,784 | |
USD | | | 18,143,448 | | | EUR | | | 16,434,729 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 30,415 | |
USD | | | 18,153,657 | | | EUR | | | 16,434,729 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 40,624 | |
USD | | | 63,542,845 | | | EUR | | | 56,891,388 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 841,746 | |
USD | | | 55,294,754 | | | GBP | | | 42,292,545 | | | Citibank N.A. | | | 09/20/23 | | | | 1,007,334 | |
USD | | | 27,173,842 | | | GBP | | | 21,123,429 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | 59,455 | |
USD | | | 292,637,799 | | | JPY | | | 40,557,989,374 | | | Morgan Stanley & Co. International PLC | | | 09/20/23 | | | | 5,368,922 | |
USD | | | 36,831,635 | | | NOK | | | 369,531,794 | | | Bank of America N.A. | | | 09/20/23 | | | | 313,995 | |
ZAR | | | 901,778,428 | | | USD | | | 48,074,594 | | | Morgan Stanley & Co. International PLC | | | 09/20/23 | | | | 2,126,442 | |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | 63,539,092 | |
| | | | | | | | | | | | | | | | | | | | |
CNH | | | 89,145,000 | | | USD | | | 12,618,192 | | | Citibank N.A. | | | 09/14/23 | | | | (97,721 | ) |
CZK | | | 448,142,334 | | | USD | | | 20,940,569 | | | State Street Bank and Trust Co. | | | 09/14/23 | | | | (350,789 | ) |
EUR | | | 22,749,000 | | | USD | | | 25,274,253 | | | Citibank N.A. | | | 09/14/23 | | | | (209,687 | ) |
HUF | | | 11,110,852,210 | | | USD | | | 31,512,102 | | | JPMorgan Chase Bank N.A. | | | 09/14/23 | | | | (263,139 | ) |
IDR | | | 375,824,860,000 | | | USD | | | 25,071,705 | | | JPMorgan Chase Bank N.A. | | | 09/14/23 | | | | (196,754 | ) |
USD | | | 13,881,112 | | | BRL | | | 67,850,738 | | | HSBC Bank PLC | | | 09/14/23 | | | | (362,123 | ) |
USD | | | 25,282,957 | | | BRL | | | 120,723,589 | | | JPMorgan Chase Bank N.A. | | | 09/14/23 | | | | (59,354 | ) |
USD | | | 35,894,357 | | | COP | | | 153,627,846,381 | | | Citibank N.A. | | | 09/14/23 | | | | (2,811,771 | ) |
USD | | | 20,026,449 | | | CZK | | | 437,646,000 | | | Barclays Bank PLC | | | 09/14/23 | | | | (81,080 | ) |
USD | | | 10,964,136 | | | CZK | | | 239,662,319 | | | Citibank N.A. | | | 09/14/23 | | | | (47,085 | ) |
USD | | | 12,418,783 | | | CZK | | | 275,387,163 | | | Deutsche Bank AG | | | 09/14/23 | | | | (233,807 | ) |
USD | | | 693,502 | | | EUR | | | 635,599 | | | Citibank N.A. | | | 09/14/23 | | | | (6,793 | ) |
USD | | | 604,979 | | | EUR | | | 557,536 | | | The Bank of New York Mellon | | | 09/14/23 | | | | (9,307 | ) |
USD | | | 1,068,741 | | | EUR | | | 987,415 | | | Toronto-Dominion Bank | | | 09/14/23 | | | | (19,180 | ) |
USD | | | 1,262,667 | | | EUR | | | 1,166,584 | | | Toronto-Dominion Bank | | | 09/14/23 | | | | (22,660 | ) |
USD | | | 8,476,880 | | | MXN | | | 148,725,099 | | | JPMorgan Chase Bank N.A. | | | 09/14/23 | | | | (336,877 | ) |
USD | | | 86,519,574 | | | MXN | | | 1,530,003,489 | | | JPMorgan Chase Bank N.A. | | | 09/14/23 | | | | (4,151,598 | ) |
USD | | | 12,676,932 | | | SGD | | | 17,113,288 | | | Citibank N.A. | | | 09/14/23 | | | | (218,773 | ) |
USD | | | 6,938,437 | | | ZAR | | | 128,563,652 | | | Citibank N.A. | | | 09/14/23 | | | | (222,454 | ) |
USD | | | 17,582,197 | | | ZAR | | | 328,725,546 | | | Citibank N.A. | | | 09/14/23 | | | | (727,549 | ) |
USD | | | 26,925,795 | | | ZAR | | | 519,700,240 | | | State Street Bank and Trust Co. | | | 09/14/23 | | | | (2,021,086 | ) |
AUD | | | 422,404,912 | | | USD | | | 286,877,986 | | | Barclays Bank PLC | | | 09/20/23 | | | | (2,674,741 | ) |
CNH | | | 314,483,694 | | | USD | | | 44,504,089 | | | Bank of America N.A. | | | 09/20/23 | | | | (310,824 | ) |
CNH | | | 373,041,741 | | | USD | | | 52,643,582 | | | Barclays Bank PLC | | | 09/20/23 | | | | (221,365 | ) |
CNH | | | 322,923,300 | | | USD | | | 45,414,673 | | | State Street Bank and Trust Co. | | | 09/20/23 | | | | (35,420 | ) |
HUF | | | 6,891,379,834 | | | USD | | | 19,615,889 | | | Goldman Sachs International | | | 09/20/23 | | | | (258,043 | ) |
IDR | | | 287,483,652,619 | | | USD | | | 19,222,604 | | | Citibank N.A. | | | 09/20/23 | | | | (197,825 | ) |
JPY | | | 16,661,708,652 | | | EUR | | | 112,059,565 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | (5,489,512 | ) |
JPY | | | 5,103,900,051 | | | USD | | | 36,331,216 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | (180,715 | ) |
JPY | | | 167,369,400,345 | | | USD | | | 1,216,692,234 | | | UBS AG | | | 09/20/23 | | | | (31,228,644 | ) |
TWD | | | 1,966,468,400 | | | USD | | | 64,012,643 | | | Citibank N.A. | | | 09/20/23 | | | | (1,315,488 | ) |
USD | | | 18,083,517 | | | BRL | | | 87,650,807 | | | Goldman Sachs International | | | 09/20/23 | | | | (299,258 | ) |
USD | | | 27,180,786 | | | BRL | | | 130,141,603 | | | Goldman Sachs International | | | 09/20/23 | | | | (113,473 | ) |
USD | | | 117,406,536 | | | BRL | | | 573,378,299 | | | Morgan Stanley & Co. International PLC | | | 09/20/23 | | | | (2,846,598 | ) |
USD | | | 67,275,476 | | | EUR | | | 61,331,531 | | | Barclays Bank PLC | | | 09/20/23 | | | | (319,190 | ) |
USD | | | 430,820,373 | | | EUR | | | 392,756,388 | | | Barclays Bank PLC | | | 09/20/23 | | | | (2,044,035 | ) |
USD | | | 27,302,738 | | | EUR | | | 25,000,619 | | | JPMorgan Chase Bank N.A. | | | 09/20/23 | | | | (250,927 | ) |
USD | | | 161,304,524 | | | HKD | | | 1,258,901,160 | | | UBS AG | | | 09/20/23 | | | | (176,830 | ) |
USD | | | 57,367,835 | | | INR | | | 4,748,823,324 | | | Citibank N.A. | | | 09/20/23 | | | | (294,632 | ) |
USD | | | 45,570,715 | | | JPY | | | 6,494,897,823 | | | Citibank N.A. | | | 09/20/23 | | | | (432,108 | ) |
USD | | | 18,083,517 | | | MXN | | | 315,078,158 | | | Citibank N.A. | | | 09/20/23 | | | | (567,150 | ) |
USD | | | 17,921,661 | | | MXN | | | 312,801,338 | | | Goldman Sachs International | | | 09/20/23 | | | | (594,233 | ) |
USD | | | 27,174,450 | | | MXN | | | 475,376,241 | | | Goldman Sachs International | | | 09/20/23 | | | | (964,867 | ) |
USD | | | 36,939,059 | | | MXN | | | 633,412,514 | | | HSBC Bank PLC | | | 09/20/23 | | | | (555,022 | ) |
USD | | | 37,850,253 | | | NOK | | | 407,533,738 | | | Deutsche Bank AG | | | 09/20/23 | | | | (2,422,792 | ) |
30
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. . |
Forward Foreign Currency Exchange Contracts (continued)
| | | | | | | | | | | | | | | | | | | | |
Currency Purchased | | | Currency Sold | | | Counterparty | | Settlement Date | | | Unrealized Appreciation (Depreciation) | |
USD | | | 24,811,554 | | | SEK | | | 266,984,427 | | | Deutsche Bank AG | | | 09/20/23 | | | $ | (611,690 | ) |
USD | | | 9,345,555 | | | ZAR | | | 173,048,822 | | | BNP Paribas SA | | | 09/20/23 | | | | (287,887 | ) |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | (67,142,856 | ) |
| | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | $ | (3,603,764 | ) |
| | | | | | | | | | | | | | | | | | | | |
Interest Rate Caps/Floors — Purchased
| | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Exercise Rate | | | Counterparty | | | Expiration Date | | Notional Amount (000) | | | Value | | Premiums Paid (Received) | | | Unrealized Appreciation (Depreciation) | |
5Y-30Y CMS Index, Cap | | | 0.07 | % | | | Goldman Sachs International | | | 09/27/23 | | | USD 1,192,388 | | | $ 88,893 | | $ | 2,086,679 | | | $ | (1,997,786) | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | $ 88,893 | | $ | 2,086,679 | | | $ | (1,997,786) | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Exchange-Traded Options Purchased
| | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Exercise Price | | | Notional Amount (000) | | | Value | |
Call | | | | | | | | | | | | | | | | | | | | | | | | |
SPDR S&P 500 ETF Trust | | | 24,126 | | | | 08/11/23 | | | USD | | | 462.00 | | | USD | | | 1,104,464 | | | $ | 4,969,956 | |
Advanced Micro Devices, Inc. | | | 2,061 | | | | 08/18/23 | | | USD | | | 130.00 | | | USD | | | 23,578 | | | | 355,522 | |
Advanced Micro Devices, Inc. | | | 4,047 | | | | 08/18/23 | | | USD | | | 140.00 | | | USD | | | 46,298 | | | | 329,831 | |
Alibaba Group Holding Ltd. | | | 1,009 | | | | 08/18/23 | | | USD | | | 100.00 | | | USD | | | 10,308 | | | | 590,265 | |
Alphabet Inc. ., Class C | | | 4,768 | | | | 08/18/23 | | | USD | | | 130.00 | | | USD | | | 63,467 | | | | 2,276,720 | |
Alphabet Inc. ., Class C | | | 1,823 | | | | 08/18/23 | | | USD | | | 125.00 | | | USD | | | 24,266 | | | | 1,462,957 | |
Amazon.com, Inc. | | | 3,988 | | | | 08/18/23 | | | USD | | | 135.00 | | | USD | | | 53,312 | | | | 1,994,000 | |
Apple, Inc. | | | 1,843 | | | | 08/18/23 | | | USD | | | 190.00 | | | USD | | | 36,206 | | | | 1,608,017 | |
Apple, Inc. | | | 1,013 | | | | 08/18/23 | | | USD | | | 200.00 | | | USD | | | 19,900 | | | | 295,290 | |
Applied Materials, Inc. | | | 634 | | | | 08/18/23 | | | USD | | | 145.00 | | | USD | | | 9,611 | | | | 591,205 | |
Boston Scientific Corp. | | | 2,213 | | | | 08/18/23 | | | USD | | | 57.50 | | | USD | | | 11,474 | | | | 49,793 | |
Boston Scientific Corp. | | | 2,203 | | | | 08/18/23 | | | USD | | | 55.00 | | | USD | | | 11,423 | | | | 27,538 | |
ConocoPhillips | | | 2,046 | | | | 08/18/23 | | | USD | | | 110.00 | | | USD | | | 24,086 | | | | 1,718,640 | |
D.R. Horton, Inc. | | | 1,217 | | | | 08/18/23 | | | USD | | | 125.00 | | | USD | | | 15,458 | | | | 498,970 | |
D.R. Horton, Inc. | | | 610 | | | | 08/18/23 | | | USD | | | 130.00 | | | USD | | | 7,748 | | | | 99,125 | |
Delta Air Lines, Inc. | | | 4,078 | | | | 08/18/23 | | | USD | | | 48.00 | | | USD | | | 18,865 | | | | 205,939 | |
First Solar, Inc. | | | 566 | | | | 08/18/23 | | | USD | | | 210.00 | | | USD | | | 11,739 | | | | 421,670 | |
Freeport-McMoRan, Inc. | | | 1,853 | | | | 08/18/23 | | | USD | | | 40.00 | | | USD | | | 8,274 | | | | 907,970 | |
Freeport-McMoRan, Inc. | | | 3,034 | | | | 08/18/23 | | | USD | | | 39.00 | | | USD | | | 13,547 | | | | 1,767,305 | |
General Motors Co | | | 2,408 | | | | 08/18/23 | | | USD | | | 41.00 | | | USD | | | 9,239 | | | | 38,528 | |
Humana, Inc. | | | 714 | | | | 08/18/23 | | | USD | | | 465.00 | | | USD | | | 32,618 | | | | 753,270 | |
Lenar Corp.., Class A | | | 1,218 | | | | 08/18/23 | | | USD | | | 135.00 | | | USD | | | 15,448 | | | | 51,765 | |
McCormick & Co., Inc. ., Non-voting Shares | | | 3,536 | | | | 08/18/23 | | | USD | | | 95.00 | | | USD | | | 31,640 | | | | 53,040 | |
Micron Technology, Inc. | | | 2,785 | | | | 08/18/23 | | | USD | | | 72.50 | | | USD | | | 19,882 | | | | 469,272 | |
Microsoft Corp. | | | 629 | | | | 08/18/23 | | | USD | | | 330.00 | | | USD | | | 21,129 | | | | 677,747 | |
Microsoft Corp. | | | 638 | | | | 08/18/23 | | | USD | | | 340.00 | | | USD | | | 21,432 | | | | 347,710 | |
Microsoft Corp. | | | 1,939 | | | | 08/18/23 | | | USD | | | 355.00 | | | USD | | | 65,135 | | | | 294,728 | |
NVIDIA Corp. | | | 309 | | | | 08/18/23 | | | USD | | | 420.00 | | | USD | | | 14,439 | | | | 1,589,032 | |
NVIDIA Corp. | | | 213 | | | | 08/18/23 | | | USD | | | 435.00 | | | USD | | | 9,953 | | | | 825,907 | |
salesforce.com, Inc. | | | 425 | | | | 08/18/23 | | | USD | | | 220.00 | | | USD | | | 9,563 | | | | 360,187 | |
Shell plc, ADR | | | 3,068 | | | | 08/18/23 | | | USD | | | 62.50 | | | USD | | | 18,908 | | | | 153,400 | |
Starbucks Corp. | | | 917 | | | | 08/18/23 | | | USD | | | 100.00 | | | USD | | | 9,314 | | | | 357,630 | |
Tesla, Inc. | | | 828 | | | | 08/18/23 | | | USD | | | 310.00 | | | USD | | | 22,143 | | | | 86,112 | |
Tesla, Inc. | | | 322 | | | | 08/18/23 | | | USD | | | 295.00 | | | USD | | | 8,611 | | | | 75,992 | |
Toll Brothers Inc. | | | 1,220 | | | | 08/18/23 | | | USD | | | 80.00 | | | USD | | | 9,800 | | | | 280,600 | |
Toll Brothers Inc. | | | 810 | | | | 08/18/23 | | | USD | | | 85.00 | | | USD | | | 6,507 | | | | 40,500 | |
United Airlines Holdings, Inc. | | | 4,086 | | | | 08/18/23 | | | USD | | | 57.50 | | | USD | | | 22,191 | | | | 206,343 | |
UnitedHealth Group, Inc. | | | 306 | | | | 08/18/23 | | | USD | | | 480.00 | | | USD | | | 15,495 | | | | 889,695 | |
Valero Energy Corp. | | | 777 | | | | 08/18/23 | | | USD | | | 120.00 | | | USD | | | 10,016 | | | | 703,185 | |
Walt Disney Co | | | 1,009 | | | | 08/18/23 | | | USD | | | 95.00 | | | USD | | | 8,969 | | | | 117,044 | |
D.R. Horton, Inc. | | | 1,011 | | | | 08/25/23 | | | USD | | | 120.00 | | | USD | | | 12,842 | | | | 844,185 | |
31
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Exchange-Traded Options Purchased (continued)
| | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Exercise Price | | | Notional Amount (000) | | | Value | |
Call (continued) | | | | | | | | | | | | | | | | | | | | | | | | |
Lenar Corp., Class A | | | 1,009 | | | | 08/25/23 | | | USD | | | 125.00 | | | USD | | | 12,797 | | | $ | 469,185 | |
Advanced Micro Devices, Inc. | | | 844 | | | | 09/15/23 | | | USD | | | 130.00 | | | USD | | | 9,655 | | | | 293,290 | |
Advanced Micro Devices, Inc. | | | 506 | | | | 09/15/23 | | | USD | | | 115.00 | | | USD | | | 5,789 | | | | 418,715 | |
Alibaba Group Holding Ltd. | | | 1,512 | | | | 09/15/23 | | | USD | | | 100.00 | | | USD | | | 15,447 | | | | 1,205,820 | |
Alphabet Inc., Class C | | | 2,033 | | | | 09/15/23 | | | USD | | | 130.00 | | | USD | | | 27,061 | | | | 1,321,450 | |
Alphabet Inc., Class C | | | 1,822 | | | | 09/15/23 | | | USD | | | 125.00 | | | USD | | | 24,253 | | | | 1,935,875 | |
Amazon.com, Inc. | | | 1,683 | | | | 09/15/23 | | | USD | | | 145.00 | | | USD | | | 22,498 | | | | 530,145 | |
Amazon.com, Inc. | | | 1,618 | | | | 09/15/23 | | | USD | | | 135.00 | | | USD | | | 21,629 | | | | 1,092,150 | |
Apple, Inc. | | | 2,247 | | | | 09/15/23 | | | USD | | | 195.00 | | | USD | | | 44,142 | | | | 1,685,250 | |
Apple, Inc. | | | 2,382 | | | | 09/15/23 | | | USD | | | 205.00 | | | USD | | | 46,794 | | | | 687,207 | |
Apple, Inc. | | | 1,012 | | | | 09/15/23 | | | USD | | | 200.00 | | | USD | | | 19,881 | | | | 488,290 | |
Applied Materials, Inc. | | | 636 | | | | 09/15/23 | | | USD | | | 140.00 | | | USD | | | 9,641 | | | | 963,540 | |
Archer-Daniels-Midland Co. | | | 1,573 | | | | 09/15/23 | | | USD | | | 82.50 | | | USD | | | 13,364 | | | | 613,470 | |
Barclays PLC | | | 5,268 | | | | 09/15/23 | | | GBP | | | 1.60 | | | GBP | | | 8,163 | | | | 169,017 | |
Delta Air Lines, Inc. | | | 5,304 | | | | 09/15/23 | | | USD | | | 50.00 | | | USD | | | 24,536 | | | | 336,804 | |
Edwards Lifesciences Corp. | | | 1,001 | | | | 09/15/23 | | | USD | | | 85.00 | | | USD | | | 8,215 | | | | 160,160 | |
Eli Lilly & Co. | | | 228 | | | | 09/15/23 | | | USD | | | 480.00 | | | USD | | | 10,364 | | | | 176,130 | |
Ford Motor Co. | | | 7,033 | | | | 09/15/23 | | | USD | | | 16.00 | | | USD | | | 9,291 | | | | 31,649 | |
General Motors Co. | | | 2,111 | | | | 09/15/23 | | | USD | | | 40.00 | | | USD | | | 8,100 | | | | 179,435 | |
Humana, Inc. | | | 403 | | | | 09/15/23 | | | USD | | | 450.00 | | | USD | | | 18,410 | | | | 928,915 | |
Humana, Inc. | | | 102 | | | | 09/15/23 | | | USD | | | 460.00 | | | USD | | | 4,660 | | | | 176,970 | |
iShares MSCI Emerging Markets ETF | | | 20,335 | | | | 09/15/23 | | | USD | | | 43.00 | | | USD | | | 85,305 | | | | 1,321,775 | |
iShares Russell 2000 ETF | | | 7,320 | | | | 09/15/23 | | | USD | | | 200.00 | | | USD | | | 145,456 | | | | 3,583,140 | |
JPMorgan Chase & Co. | | | 3,037 | | | | 09/15/23 | | | USD | | | 160.00 | | | USD | | | 47,972 | | | | 987,025 | |
Las Vegas Sands Corp. | | | 2,099 | | | | 09/15/23 | | | USD | | | 60.00 | | | USD | | | 12,554 | | | | 548,888 | |
Las Vegas Sands Corp. | | | 890 | | | | 09/15/23 | | | USD | | | 62.50 | | | USD | | | 5,323 | | | | 137,060 | |
MGM Resorts International | | | 4,897 | | | | 09/15/23 | | | USD | | | 50.00 | | | USD | | | 24,862 | | | | 1,451,960 | |
Microsoft Corp. | | | 1,534 | | | | 09/15/23 | | | USD | | | 365.00 | | | USD | | | 51,530 | | | | 448,695 | |
Microsoft Corp. | | | 1,191 | | | | 09/15/23 | | | USD | | | 355.00 | | | USD | | | 40,008 | | | | 589,545 | |
Microsoft Corp. | | | 817 | | | | 09/15/23 | | | USD | | | 360.00 | | | USD | | | 27,445 | | | | 300,248 | |
NVIDIA Corp. | | | 1,534 | | | | 09/15/23 | | | USD | | | 430.00 | | | USD | | | 71,682 | | | | 9,058,270 | |
NVIDIA Corp. | | | 507 | | | | 09/15/23 | | | USD | | | 500.00 | | | USD | | | 23,692 | | | | 1,285,245 | |
NVIDIA Corp. | | | 108 | | | | 09/15/23 | | | USD | | | 485.00 | | | USD | | | 5,047 | | | | 333,180 | |
NVIDIA Corp. | | | 108 | | | | 09/15/23 | | | USD | | | 480.00 | | | USD | | | 5,047 | | | | 355,590 | |
Pfizer, Inc. | | | 3,720 | | | | 09/15/23 | | | USD | | | 42.50 | | | USD | | | 13,414 | | | | 24,180 | |
Pfizer, Inc. | | | 3,072 | | | | 09/15/23 | | | USD | | | 40.00 | | | USD | | | 11,078 | | | | 56,832 | |
Sabre Corp. | | | 521 | | | | 09/15/23 | | | USD | | | 5.00 | | | USD | | | 214 | | | | 11,983 | |
salesforce.com, Inc. | | | 213 | | | | 09/15/23 | | | USD | | | 230.00 | | | USD | | | 4,793 | | | | 190,103 | |
salesforce.com, Inc. | | | 213 | | | | 09/15/23 | | | USD | | | 240.00 | | | USD | | | 4,793 | | | | 112,358 | |
Starbucks Corp. | | | 460 | | | | 09/15/23 | | | USD | | | 105.00 | | | USD | | | 4,672 | | | | 101,660 | |
Tesla, Inc. | | | 613 | | | | 09/15/23 | | | USD | | | 290.00 | | | USD | | | 16,393 | | | | 522,582 | |
Tesla, Inc. | | | 160 | | | | 09/15/23 | | | USD | | | 280.00 | | | USD | | | 4,279 | | | | 188,000 | |
Tesla, Inc. | | | 160 | | | | 09/15/23 | | | USD | | | 275.00 | | | USD | | | 4,279 | | | | 219,600 | |
Toll Brothers Inc. | | | 1,009 | | | | 09/15/23 | | | USD | | | 80.00 | | | USD | | | 8,105 | | | | 413,690 | |
Uber Technologies, Inc. | | | 3,382 | | | | 09/15/23 | | | USD | | | 50.00 | | | USD | | | 16,727 | | | | 1,011,218 | |
UniCredit SpA | | | 1,289 | | | | 09/15/23 | | | EUR | | | 23.00 | | | EUR | | | 14,824 | | | | 510,212 | |
United Rentals, Inc. | | | 659 | | | | 09/15/23 | | | USD | | | 460.00 | | | USD | | | 30,622 | | | | 1,654,090 | |
Valero Energy Corp. | | | 2,024 | | | | 09/15/23 | | | USD | | | 125.00 | | | USD | | | 26,091 | | | | 1,518,000 | |
Valero Energy Corp. | | | 280 | | | | 09/15/23 | | | USD | | | 130.00 | | | USD | | | 3,609 | | | | 133,700 | |
Valero Energy Corp. | | | 388 | | | | 09/15/23 | | | USD | | | 120.00 | | | USD | | | 5,002 | | | | 427,770 | |
Vinci SA | | | 890 | | | | 09/15/23 | | | EUR | | | 110.00 | | | EUR | | | 9,503 | | | | 148,740 | |
Walt Disney Co. | | | 506 | | | | 09/15/23 | | | USD | | | 90.00 | | | USD | | | 4,498 | | | | 188,485 | |
Bunge Ltd. | | | 1,008 | | | | 10/20/23 | | | USD | | | 105.00 | | | USD | | | 10,954 | | | | 745,920 | |
Equitrans Midstream Corp. | | | 380 | | | | 10/20/23 | | | USD | | | 12.00 | | | USD | | | 394 | | | | 4,750 | |
Sabre Corp. | | | 612 | | | | 10/20/23 | | | USD | | | 5.50 | | | USD | | | 251 | | | | 14,688 | |
Sabre Corp. | | | 1,477 | | | | 10/20/23 | | | USD | | | 5.00 | | | USD | | | 606 | | | | 50,218 | |
Lenar Corp., Class A | | | 664 | | | | 11/17/23 | | | USD | | | 135.00 | | | USD | | | 8,422 | | | | 332,000 | |
NVIDIA Corp. | | | 506 | | | | 12/15/23 | | | USD | | | 440.00 | | | USD | | | 23,645 | | | | 3,786,145 | |
Pfizer, Inc. | | | 3,096 | | | | 01/19/24 | | | USD | | | 47.00 | | | USD | | | 11,164 | | | | 41,796 | |
Pfizer, Inc. | | | 5,160 | | | | 01/19/24 | | | USD | | | 50.00 | | | USD | | | 18,607 | | | | 43,860 | |
32
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Exchange-Traded Options Purchased (continued)
| | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Exercise Price | | | Notional Amount (000) | | | Value | |
Call (continued) | | | | | | | | | | | | | | | | | | | | | | | | |
Sabre Corp. | | | 772 | | | | 01/19/24 | | | USD | | | 6.00 | | | USD | | | 317 | | | $ | 30,494 | |
Sabre Corp. | | | 687 | | | | 01/19/24 | | | USD | | | 7.00 | | | USD | | | 282 | | | | 17,862 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | 76,151,609 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | | | | | | |
Alphabet Inc., Class C | | | 2,434 | | | | 08/18/23 | | | USD | | | 120.00 | | | USD | | | 32,399 | | | | 37,727 | |
Amazon.com, Inc. | | | 2,030 | | | | 08/18/23 | | | USD | | | 120.00 | | | USD | | | 27,137 | | | | 186,760 | |
Apple, Inc. | | | 2,030 | | | | 08/18/23 | | | USD | | | 180.00 | | | USD | | | 39,879 | | | | 106,575 | |
Frontier Communications Parent Inc. | | | 472 | | | | 08/18/23 | | | USD | | | 12.50 | | | USD | | | 860 | | | | 5,900 | |
iShares iBoxx $ High Yield Corporate Bond ETF | | | 646 | | | | 08/18/23 | | | USD | | | 72.00 | | | USD | | | 4,877 | | | | 3,230 | |
iShares iBoxx $ High Yield Corporate Bond ETF | | | 645 | | | | 08/18/23 | | | USD | | | 73.00 | | | USD | | | 4,870 | | | | 3,870 | |
iShares iBoxx $ High Yield Corporate Bond ETF | | | 2,388 | | | | 08/18/23 | | | USD | | | 74.00 | | | USD | | | 18,029 | | | | 27,462 | |
iShares iBoxx $ Investment Grade Corporate Bond ETF | | | 907 | | | | 08/18/23 | | | USD | | | 100.00 | | | USD | | | 9,782 | | | | 2,721 | |
iShares iBoxx $ Investment Grade Corporate Bond ETF | | | 645 | | | | 08/18/23 | | | USD | | | 106.00 | | | USD | | | 6,956 | | | | 14,513 | |
iShares JPMorgan USD Emerging Markets Bond ETF | | | 645 | | | | 08/18/23 | | | USD | | | 83.00 | | | USD | | | 5,655 | | | | 4,515 | |
Microsoft Corp. | | | 913 | | | | 08/18/23 | | | USD | | | 325.00 | | | USD | | | 30,669 | | | | 250,162 | |
NVIDIA Corp. | | | 305 | | | | 08/18/23 | | | USD | | | 380.00 | | | USD | | | 14,252 | | | | 13,420 | |
Pitney Bowes Inc. | | | 540 | | | | 08/18/23 | | | USD | | | 3.00 | | | USD | | | 213 | | | | 4,050 | |
SPDR S&P 500 ETF Trust. | | | 2,549 | | | | 08/18/23 | | | USD | | | 425.00 | | | USD | | | 116,691 | | | | 67,549 | |
Spirit AeroSystems Holdings, Inc., Class A | | | 250 | | | | 08/18/23 | | | USD | | | 22.00 | | | USD | | | 796 | | | | 1,875 | |
Walt Disney Co. | | | 1,499 | | | | 08/18/23 | | | USD | | | 82.00 | | | USD | | | 13,325 | | | | 101,183 | |
5-Year U.S. Treasury Note Future | | | 103 | | | | 08/25/23 | | | USD | | | 106.00 | | | USD | | | 11,009 | | | | 28,164 | |
Air Transport Services Group, Inc. | | | 439 | | | | 09/15/23 | | | USD | | | 15.00 | | | USD | | | 885 | | | | 7,683 | |
Air Transport Services Group, Inc. | | | 332 | | | | 09/15/23 | | | USD | | | 12.50 | | | USD | | | 669 | | | | 4,980 | |
Ally Financial, Inc. | | | 686 | | �� | | 09/15/23 | | | USD | | | 25.00 | | | USD | | | 2,095 | | | | 13,720 | |
iShares iBoxx $ High Yield Corporate Bond ETF | | | 10,149 | | | | 09/15/23 | | | USD | | | 74.00 | | | USD | | | 76,625 | | | | 365,364 | |
PG&E Corp. | | | 632 | | | | 09/15/23 | | | USD | | | 13.00 | | | USD | | | 1,113 | | | | 6,636 | |
PG&E Corp. | | | 776 | | | | 09/15/23 | | | USD | | | 14.00 | | | USD | | | 1,367 | | | | 7,760 | |
SPDR S&P 500 ETF Trust. | | | 284 | | | | 09/15/23 | | | USD | | | 350.00 | | | USD | | | 13,001 | | | | 5,822 | |
SPDR S&P 500 ETF Trust. | | | 2,672 | | | | 09/15/23 | | | USD | | | 430.00 | | | USD | | | 122,321 | | | | 444,888 | |
Viasat, Inc. | | | 182 | | | | 09/15/23 | | | USD | | | 25.00 | | | USD | | | 563 | | | | 8,190 | |
Ford Motor Co. | | | 1,365 | | | | 12/15/23 | | | USD | | | 10.00 | | | USD | | | 1,803 | | | | 19,793 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | 1,744,512 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | $ | 77,896,121 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
OTC Options Purchased
| | | | | | | | | | | | | | | | | | | | | | | | |
| |
Description | | | Counterparty | | |
| Number of Contracts | | |
| Expiration Date | | | | Exercise Price | | |
| Notional Amount (000) | | | | Value | |
| |
Call | | | | | | | | | | | | | | | | | | | | | | | | |
EUR Currency | | | JPMorgan Chase Bank N.A. | | | | — | | | | 08/07/23 | | | USD | 1.11 | | | EUR | 75,970 | | | $ | 31,490 | |
TOPIX Banks Index | | | BNP Paribas SA | | | | 2,466,917 | | | | 11/10/23 | | | JPY | 239.44 | | | JPY | 594,182 | | | | 181,814 | |
TOPIX Banks Index | | | Goldman Sachs International | | | | 4,109,885 | | | | 11/10/23 | | | JPY | 239.30 | | | JPY | 989,907 | | | | 359,634 | |
TOPIX Banks Index | | | JPMorgan Chase Bank N.A. | | | | 1,646,256 | | | | 11/10/23 | | | JPY | 239.43 | | | JPY | 396,517 | | | | 143,370 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | 716,308 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | | | | | | |
USD Currency | |
| Morgan Stanley & Co. International PLC | | | | — | | | | 09/12/23 | | | MXN | 16.60 | | | USD | 146,525 | | | | 1,022,449 | |
S&P 500 Index | | | Goldman Sachs International | | | | 3,365 | | | | 09/15/23 | | | USD | 4,462.00 | | | USD | 15,442 | | | | 106,173 | |
EUR Currency | | | JPMorgan Chase Bank N.A. | | | | — | | | | 09/25/23 | | | USD | 1.10 | | | EUR | 177,201 | | | | 1,747,063 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | 2,875,685 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | $ | 3,591,993 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
33
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
OTC Credit Default Swaptions Purchased
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Paid by the Fund | | | Received by the Fund | | | | | Counterparty | | Expiration Date | | Credit Rating(a) | | | Exercise Price | | | Notional Amount (000)(b) | | | Value | |
| | | | | | | | | | |
Description | | | Rate/Reference | | | Rate/Reference | | | Frequency | |
Put | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Bought Protection 5-Year Credit Default Swap, 08/18/28 | | | 5.00% | | | CDX.NA.HY.40.V1 | | | Quarterly | | | BNP Paribas SA | | 08/16/23 | | | N/R | | | | USD 98.50 | | | | USD | | | | 18,200 | | | $ | 4,398 | |
Bought Protection 5-Year Credit Default Swap, 08/18/28 | | | 5.00% | | | CDX.NA.HY.40.V1 | | | Quarterly | | | JPMorgan Chase Bank N.A. | | 08/16/23 | | | N/R | | | | USD 99.00 | | | | USD | | | | 17,185 | | | | 4,417 | |
Bought Protection 5-Year Credit Default Swap, 08/18/28 | | | 5.00% | | | CDX.NA.HY.40.V1 | | | Quarterly | | | Goldman Sachs International | | 08/16/23 | | | N/R | | | | USD 100.00 | | | | USD | | | | 15,920 | | | | 4,889 | |
Bought Protection 5-Year Credit Default Swap, 08/18/28 | | | 5.00% | | | CDX.NA.HY.40.V1 | | | Quarterly | | | Bank of America N.A. | | 08/16/23 | | | N/R | | | | USD 101.50 | | | | USD | | | | 16,155 | | | | 10,420 | |
Bought Protection 5-Year Credit Default Swap, 09/22/28 | | | 5.00% | | | CDX.NA.HY.40.V1 | | | Quarterly | | | Goldman Sachs International | | 09/20/23 | | | N/R | | | | USD 101.50 | | | | USD | | | | 16,155 | | | | 67,231 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 91,355 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
|
(a) Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings. (b) The maximum potential amount the Fund may pay should a negative credit event take place as defined under the terms of the agreement. | |
OTC Interest Rate Swaptions Purchased
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Paid by the Fund | | Received by the Fund | | | | Expiration | | | Exercise | | | Notional | | | | |
Description | | Rate | | | Frequency | | Rate | | | Frequency | | Counterparty | | Date | | | Rate | | | Amount (000) | | | Value | |
Call | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
10-Year Interest Rate Swap, 08/09/33 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 2.85% | | | Semi-Annual | | Goldman Sachs International | | | 08/07/23 | | | | 2.85 | % | | USD | 98,278 | | | $ | 1 | |
10-Year Interest Rate Swap, 08/11/33 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 2.85% | | | Semi-Annual | | JPMorgan Chase Bank N.A. | | | 08/09/23 | | | | 2.85 | | | USD | 115,695 | | | | 1 | |
5-Year Interest Rate Swap, 09/08/28 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 4.00% | | | Semi-Annual | | Morgan Stanley & Co. International PLC | | | 09/06/23 | | | | 4.00 | | | USD | 494,307 | | | | 4,221,873 | |
5-Year Interest Rate Swap, 09/14/28 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 3.65% | | | Semi-Annual | | Citibank N.A. | | | 09/12/23 | | | | 3.65 | | | USD | 251,066 | | | | 819,393 | |
5-Year Interest Rate Swap, 09/15/28 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 3.60% | | | Semi-Annual | | Citibank N.A. | | | 09/13/23 | | | | 3.60 | | | USD | 75,199 | | | | 213,450 | |
10-Year Interest Rate Swap, 09/23/33 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 2.81% | | | Semi-Annual | | Morgan Stanley & Co. International PLC | | | 09/21/23 | | | | 2.81 | | | USD | 71,287 | | | | 28,718 | |
10-Year Interest Rate Swap, 09/24/33 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 2.80% | | | Semi-Annual | | Morgan Stanley & Co. International PLC | | | 09/22/23 | | | | 2.80 | | | USD | 30,538 | | | | 12,433 | |
2-Year Interest Rate Swap, 10/21/25 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 2.75% | | | Semi-Annual | | Goldman Sachs International | | | 10/19/23 | | | | 2.75 | | | USD | 139,735 | | | | 102,416 | |
10-Year Interest Rate Swap, 10/26/33 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 3.05% | | | Semi-Annual | | Citibank N.A. | | | 10/24/23 | | | | 3.05 | | | USD | 113,447 | | | | 328,539 | |
10-Year Interest Rate Swap, 11/01/33 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 2.90% | | | Semi-Annual | | JPMorgan Chase Bank N.A. | | | 10/30/23 | | | | 2.90 | | | USD | 113,447 | | | | 229,029 | |
10-Year Interest Rate Swap, 11/09/33 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 2.82% | | | Semi-Annual | | Goldman Sachs International | | | 11/07/23 | | | | 2.82 | | | USD | 46,851 | | | | 87,085 | |
30-Year Interest Rate Swap, 11/16/53 | | | 1-Day SOFR, 5.06% | | | Quarterly | | | 2.85% | | | Semi-Annual | | Citibank N.A. | | | 11/14/23 | | | | 2.85 | | | USD | 36,175 | | | | 235,059 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | 6,277,997 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
10-Year Interest Rate Swap, 10/26/33 | | | 4.55% | | | Semi-Annual | | | 1-Day SOFR, 5.06% | | | Quarterly | | Citibank N.A. | | | 10/24/23 | | | | 4.55 | | | USD | 113,447 | | | | 137,784 | |
10-Year Interest Rate Swap, 11/01/33 | | | 4.40% | | | Semi-Annual | | | 1-Day SOFR, 5.06% | | | Quarterly | | JPMorgan Chase Bank N.A. | | | 10/30/23 | | | | 4.40 | | | USD | 113,447 | | | | 246,223 | |
10-Year Interest Rate Swap, 11/09/33 | | | 4.82% | | | Semi-Annual | | | 1-Day SOFR, 5.06% | | | Quarterly | | Goldman Sachs International | | | 11/07/23 | | | | 4.82 | | | USD | 46,851 | | | | 34,614 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | 418,621 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | 6,696,618 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
34
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Interest Rate Caps/Floors Sold
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Exercise Rate | | | Counterparty | | | Expiration Date | | | Notional Amount (000) | | | Value | | | Premiums Paid (Received) | | | Unrealized Appreciation (Depreciation) | |
5Y-30Y CMS Index, Cap | | | 0.57 | % | | | Goldman Sachs International | | | | 09/27/23 | | | | USD | | | | 1,192,388 | | | $ | (4,960) | | | $ | (612,454) | | | $ | 607,494 | |
5Y-30Y CMS Index, Floor | | | (0.68 | %) | | | Goldman Sachs International | | | | 09/27/23 | | | | USD | | | | 1,192,388 | | | | (1,045,152) | | | | (1,192,388) | | | | 147,236 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | $ | (1,050,112) | | | $ | (1,804,842) | | | $ | 754,730 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Exchange-Traded Options Written
| | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Exercise Price | | | Notional Amount (000) | | | Value | |
Call | | | | | | | | | | | | | | | | | | | | | | | | |
Advanced Micro Devices, Inc. | | | 4,047 | | | | 08/18/23 | | | USD | | | 170.00 | | | USD | | | 46,298 | | | $ | (60,705 | ) |
Alibaba Group Holding Ltd. | | | 1,009 | | | | 08/18/23 | | | USD | | | 110.00 | | | USD | | | 10,308 | | | | (207,854 | ) |
Alphabet Inc., Class C | | | 3,644 | | | | 08/18/23 | | | USD | | | 135.00 | | | USD | | | 48,505 | | | | (721,512 | ) |
Amazon.com, Inc. | | | 3,240 | | | | 08/18/23 | | | USD | | | 145.00 | | | USD | | | 43,312 | | | | (601,020 | ) |
Apple, Inc. | | | 2,027 | | | | 08/18/23 | | | USD | | | 210.00 | | | USD | | | 39,820 | | | | (120,607 | ) |
Applied Materials, Inc. | | | 1,270 | | | | 08/18/23 | | | USD | | | 160.00 | | | USD | | | 19,252 | | | | (266,700 | ) |
Delta Air Lines, Inc. | | | 4,078 | | | | 08/18/23 | | | USD | | | 55.00 | | | USD | | | 18,865 | | | | (10,195 | ) |
DexCom, Inc. | | | 364 | | | | 08/18/23 | | | USD | | | 140.00 | | | USD | | | 4,534 | | | | (12,740 | ) |
Freeport-McMoRan, Inc. | | | 3,034 | | | | 08/18/23 | | | USD | | | 45.00 | | | USD | | | 13,547 | | | | (377,733 | ) |
General Motors Co. | | | 4,816 | | | | 08/18/23 | | | USD | | | 45.00 | | | USD | | | 18,479 | | | | (7,224 | ) |
Humana, Inc. | | | 406 | | | | 08/18/23 | | | USD | | | 495.00 | | | USD | | | 18,547 | | | | (129,920 | ) |
NVIDIA Corp. | | | 428 | | | | 08/18/23 | | | USD | | | 485.00 | | | USD | | | 20,000 | | | | (476,150 | ) |
salesforce.com, Inc. | | | 847 | | | | 08/18/23 | | | USD | | | 240.00 | | | USD | | | 19,058 | | | | (84,700 | ) |
Starbucks Corp. | | | 1,836 | | | | 08/18/23 | | | USD | | | 110.00 | | | USD | | | 18,648 | | | | (100,062 | ) |
Tesla, Inc. | | | 646 | | | | 08/18/23 | | | USD | | | 325.00 | | | USD | | | 17,276 | | | | (33,592 | ) |
Tesla, Inc. | | | 828 | | | | 08/18/23 | | | USD | | | 340.00 | | | USD | | | 22,143 | | | | (23,598 | ) |
United Airlines Holdings, Inc. | | | 4,086 | | | | 08/18/23 | | | USD | | | 65.00 | | | USD | | | 22,191 | | | | (14,301 | ) |
Valero Energy Corp. | | | 1,557 | | | | 08/18/23 | | | USD | | | 130.00 | | | USD | | | 20,071 | | | | (397,035 | ) |
Walt Disney Co. | | | 2,018 | | | | 08/18/23 | | | USD | | | 100.00 | | | USD | | | 17,938 | | | | (98,882 | ) |
D.R. Horton, Inc. | | | 1,011 | | | | 08/25/23 | | | USD | | | 130.00 | | | USD | | | 12,842 | | | | (219,892 | ) |
Lenar Corp., Class A | | | 1,009 | | | | 08/25/23 | | | USD | | | 135.00 | | | USD | | | 12,797 | | | | (80,720 | ) |
Albemarle Corp. | | | 400 | | | | 09/15/23 | | | USD | | | 240.00 | | | USD | | | 8,491 | | | | (156,000 | ) |
Alibaba Group Holding Ltd. | | | 1,512 | | | | 09/15/23 | | | USD | | | 115.00 | | | USD | | | 15,447 | | | | (412,776 | ) |
Alphabet Inc., Class C | | | 3,051 | | | | 09/15/23 | | | USD | | | 140.00 | | | USD | | | 40,612 | | | | (686,475 | ) |
Alphabet Inc., Class C | | | 3,642 | | | | 09/15/23 | | | USD | | | 135.00 | | | USD | | | 48,479 | | | | (1,475,010 | ) |
Amazon.com, Inc. | | | 2,357 | | | | 09/15/23 | | | USD | | | 160.00 | | | USD | | | 31,508 | | | | (207,416 | ) |
Amazon.com, Inc. | | | 3,240 | | | | 09/15/23 | | | USD | | | 150.00 | | | USD | | | 43,312 | | | | (670,680 | ) |
Apple, Inc. | | | 2,382 | | | | 09/15/23 | | | USD | | | 220.00 | | | USD | | | 46,794 | | | | (105,999 | ) |
Apple, Inc. | | | 2,026 | | | | 09/15/23 | | | USD | | | 210.00 | | | USD | | | 39,801 | | | | (321,121 | ) |
Applied Materials, Inc. | | | 1,268 | | | | 09/15/23 | | | USD | | | 150.00 | | | USD | | | 19,222 | | | | (1,077,800 | ) |
CF Industries Holdings, Inc. | | | 550 | | | | 09/15/23 | | | USD | | | 90.00 | | | USD | | | 4,514 | | | | (78,375 | ) |
Delta Air Lines, Inc. | | | 5,304 | | | | 09/15/23 | | | USD | | | 55.00 | | | USD | | | 24,536 | | | | (66,300 | ) |
Humana, Inc. | | | 201 | | | | 09/15/23 | | | USD | | | 490.00 | | | USD | | | 9,182 | | | | (134,670 | ) |
InvesCo QQQ Trust | | | 760 | | | | 09/15/23 | | | USD | | | 400.00 | | | USD | | | 29,160 | | | | (298,300 | ) |
iShares iBoxx $ High Yield Corporate Bond ETF | | | 10,149 | | | | 09/15/23 | | | USD | | | 77.00 | | | USD | | | 76,625 | | | | (111,639 | ) |
iShares MSCI Emerging Markets ETF | | | 20,335 | | | | 09/15/23 | | | USD | | | 45.00 | | | USD | | | 85,305 | | | | (305,025 | ) |
iShares Russell 2000 ETF | | | 7,320 | | | | 09/15/23 | | | USD | | | 210.00 | | | USD | | | 145,456 | | | | (929,640 | ) |
JPMorgan Chase & Co. | | | 3,037 | | | | 09/15/23 | | | USD | | | 170.00 | | | USD | | | 47,972 | | | | (148,813 | ) |
KLA Corp. | | | 413 | | | | 09/15/23 | | | USD | | | 550.00 | | | USD | | | 21,226 | | | | (431,585 | ) |
Micron Technology, Inc. | | | 1,002 | | | | 09/15/23 | | | USD | | | 80.00 | | | USD | | | 7,153 | | | | (86,673 | ) |
Microsoft Corp. | | | 1,330 | | | | 09/15/23 | | | USD | | | 380.00 | | | USD | | | 44,677 | | | | (204,155 | ) |
NVIDIA Corp. | | | 507 | | | | 09/15/23 | | | USD | | | 600.00 | | | USD | | | 23,692 | | | | (321,945 | ) |
NVIDIA Corp. | | | 216 | | | | 09/15/23 | | | USD | | | 560.00 | | | USD | | | 10,093 | | | | (240,300 | ) |
NVIDIA Corp. | | | 216 | | | | 09/15/23 | | | USD | | | 550.00 | | | USD | | | 10,093 | | | | (275,940 | ) |
salesforce.com, Inc. | | | 425 | | | | 09/15/23 | | | USD | | | 260.00 | | | USD | | | 9,563 | | | | (72,888 | ) |
salesforce.com, Inc. | | | 425 | | | | 09/15/23 | | | USD | | | 250.00 | | | USD | | | 9,563 | | | | (128,563 | ) |
Starbucks Corp. | | | 920 | | | | 09/15/23 | | | USD | | | 110.00 | | | USD | | | 9,344 | | | | (83,260 | ) |
Tesla, Inc. | | | 917 | | | | 09/15/23 | | | USD | | | 340.00 | | | USD | | | 24,523 | | | | (161,392 | ) |
Tesla, Inc. | | | 322 | | | | 09/15/23 | | | USD | | | 310.00 | | | USD | | | 8,611 | | | | (142,485 | ) |
Tesla, Inc. | | | 322 | | | | 09/15/23 | | | USD | | | 305.00 | | | USD | | | 8,611 | | | | (167,440 | ) |
Toll Brothers Inc. | | | 1,009 | | | | 09/15/23 | | | USD | | | 90.00 | | | USD | | | 8,105 | | | | (73,153 | ) |
35
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Exchange-Traded Options Written (continued)
| | | | | | | | | | | | | | | | | | | | | | | | |
Description | | Number of Contracts | | | Expiration Date | | | Exercise Price
| | | Notional Amount (000) | | | Value | |
Call (continued) | | | | | | | | | | | | | | | | | | | | | | | | |
Uber Technologies, Inc. | | | 3,382 | | | | 09/15/23 | | | USD | | | 55.00 | | | USD | | | 16,727 | | | $ | (446,424 | ) |
Walt Disney Co. | | | 1,013 | | | | 09/15/23 | | | USD | | | 95.00 | | | USD | | | 9,005 | | | | (197,028 | ) |
Bunge Ltd. | | | 1,008 | | | | 10/20/23 | | | USD | | | 120.00 | | | USD | | | 10,954 | | | | (136,080 | ) |
NVIDIA Corp. | | | 506 | | | | 12/15/23 | | | USD | | | 530.00 | | | USD | | | 23,645 | | | | (1,907,620 | ) |
SPDR S&P 500 ETF Trust | | | 597 | | | | 12/15/23 | | | USD | | | 420.00 | | | USD | | | 27,330 | | | | (2,984,403 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | (19,292,515 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | | | | | | |
Alphabet Inc., Class C | | | 2,434 | | | | 08/18/23 | | | USD | | | 110.00 | | | USD | | | 32,399 | | | | (13,387 | ) |
iShares iBoxx $ Investment Grade Corporate Bond ETF | | | 645 | | | | 08/18/23 | | | USD | | | 103.00 | | | USD | | | 6,956 | | | | (2,903 | ) |
SPDR S&P 500 ETF Trust | | | 2,549 | | | | 08/18/23 | | | USD | | | 405.00 | | | USD | | | 116,691 | | | | (36,961 | ) |
Tesla, Inc. | | | 828 | | | | 08/18/23 | | | USD | | | 255.00 | | | USD | | | 22,143 | | | | (389,160 | ) |
Toll Brothers Inc. | | | 1,220 | | | | 08/18/23 | | | USD | | | 65.00 | | | USD | | | 9,800 | | | | (91,500 | ) |
Toll Brothers Inc. | | | 810 | | | | 08/18/23 | | | USD | | | 70.00 | | | USD | | | 6,507 | | | | (14,175 | ) |
United Airlines Holdings, Inc. | | | 3,037 | | | | 08/18/23 | | | USD | | | 50.00 | | | USD | | | 16,494 | | | | (91,110 | ) |
Walt Disney Co. | | | 1,499 | | | | 08/18/23 | | | USD | | | 75.00 | | | USD | | | 13,325 | | | | (17,988 | ) |
Albemarle Corp. | | | 400 | | | | 09/15/23 | | | USD | | | 180.00 | | | USD | | | 8,491 | | | | (104,000 | ) |
Alibaba Group Holding Ltd. | | | 1,512 | | | | 09/15/23 | | | USD | | | 80.00 | | | USD | | | 15,447 | | | | (69,552 | ) |
Apple, Inc. | | | 1,763 | | | | 09/15/23 | | | USD | | | 175.00 | | | USD | | | 34,634 | | | | (149,855 | ) |
Eli Lilly & Co. | | | 228 | | | | 09/15/23 | | | USD | | | 430.00 | | | USD | | | 10,364 | | | | (178,410 | ) |
Ford Motor Co. | | | 7,033 | | | | 09/15/23 | | | USD | | | 13.00 | | | USD | | | 9,291 | | | | (277,803 | ) |
General Motors Co. | | | 2,111 | | | | 09/15/23 | | | USD | | | 35.00 | | | USD | | | 8,100 | | | | (85,496 | ) |
iShares iBoxx $ High Yield Corporate Bond ETF | | | 10,149 | | | | 09/15/23 | | | USD | | | 72.00 | | | USD | | | 76,625 | | | | (137,011 | ) |
Las Vegas Sands Corp. | | | 2,099 | | | | 09/15/23 | | | USD | | | 50.00 | | | USD | | | 12,554 | | | | (65,069 | ) |
Las Vegas Sands Corp. | | | 890 | | | | 09/15/23 | | | USD | | | 55.00 | | | USD | | | 5,323 | | | | (80,100 | ) |
MGM Resorts International | | | 4,897 | | | | 09/15/23 | | | USD | | | 41.00 | | | USD | | | 24,862 | | | | (100,389 | ) |
Microsoft Corp. | | | 821 | | | | 09/15/23 | | | USD | | | 300.00 | | | USD | | | 27,579 | | | | (150,653 | ) |
Microsoft Corp. | | | 817 | | | | 09/15/23 | | | USD | | | 320.00 | | | USD | | | 27,445 | | | | (406,457 | ) |
NVIDIA Corp. | | | 507 | | | | 09/15/23 | | | USD | | | 400.00 | | | USD | | | 23,692 | | | | (514,605 | ) |
Pfizer, Inc. | | | 6,792 | | | | 09/15/23 | | | USD | | | 35.00 | | | USD | | | 24,492 | | | | (431,292 | ) |
SPDR S&P 500 ETF Trust | | | 2,672 | | | | 09/15/23 | | | USD | | | 400.00 | | | USD | | | 122,321 | | | | (161,656 | ) |
Tesla, Inc. | | | 917 | | | | 09/15/23 | | | USD | | | 220.00 | | | USD | | | 24,523 | | | | (221,455 | ) |
Toll Brothers Inc. | | | 605 | | | | 09/15/23 | | | USD | | | 70.00 | | | USD | | | 4,860 | | | | (48,400 | ) |
Uber Technologies, Inc. | | | 3,382 | | | | 09/15/23 | | | USD | | | 42.50 | | | USD | | | 16,727 | | | | (233,358 | ) |
UniCredit SpA | | | 1,289 | | | | 09/15/23 | | | EUR | | | 20.00 | | | EUR | | | 14,824 | | | | (143,497 | ) |
United Rentals, Inc. | | | 659 | | | | 09/15/23 | | | USD | | | 400.00 | | | USD | | | 30,622 | | | | (240,535 | ) |
Valero Energy Corp. | | | 2,024 | | | | 09/15/23 | | | USD | | | 105.00 | | | USD | | | 26,091 | | | | (69,828 | ) |
Vinci SA | | | 890 | | | | 09/15/23 | | | EUR | | | 100.00 | | | EUR | | | 9,503 | | | | (132,105 | ) |
Bunge Ltd. | | | 1,008 | | | | 10/20/23 | | | USD | | | 90.00 | | | USD | | | 10,954 | | | | (229,320 | ) |
Lenar Corp., Class A | | | 664 | | | | 11/17/23 | | | USD | | | 115.00 | | | USD | | | 8,422 | | | | (215,800 | ) |
NVIDIA Corp. | | | 506 | | | | 12/15/23 | | | USD | | | 310.00 | | | USD | | | 23,645 | | | | (244,145 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | (5,347,975 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | $ | (24,640,490 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
OTC Options Written
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Description | | Counterparty | |
| Number of Contracts | | |
| Expiration Date | | |
| Exercise Price
| | |
| Notional
Amount (000) |
| | | Value | |
| |
Call | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
EUR Currency | | JPMorgan Chase Bank N.A. | | | — | | | | 08/07/23 | | | | EUR | | | | 1.14 | | | | EUR | | | | 75,970 | | | $ | (167 | ) |
TOPIX Banks Index | | BNP Paribas SA | | | 2,466,917 | | | | 11/10/23 | | | | JPY | | | | 262.25 | | | | JPY | | | | 594,182 | | | | (50,251 | ) |
TOPIX Banks Index | | Goldman Sachs International | | | 4,109,885 | | | | 11/10/23 | | | | JPY | | | | 262.09 | | | | JPY | | | | 989,907 | | | | (145,176 | ) |
TOPIX Banks Index | | JPMorgan Chase Bank N.A. | | | 1,646,256 | | | | 11/10/23 | | | | JPY | | | | 262.23 | | | | JPY | | | | 396,517 | | | | (57,804 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | (253,398 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
EUR Currency | | JPMorgan Chase Bank N.A. | | | — | | | | 08/07/23 | | | | EUR | | | | 1.08 | | | | EUR | | | | 37,985 | | | | (7,559 | ) |
USD Currency | | Morgan Stanley & Co. International PLC | | | — | | | | 09/12/23 | | | | USD | | | | 16.20 | | | | USD | | | | 146,525 | | | | (271,364 | ) |
USD Currency | | Morgan Stanley & Co. International PLC | | | — | | | | 09/12/23 | | | | USD | | | | 16.20 | | | | USD | | | | 73,262 | | | | (152,752 | ) |
36
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
OTC Options Written (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Description | | Counterparty | |
| Number of Contracts | | |
| Expiration Date | | | | Exercise Price | | |
| Notional Amount (000) | | | | Value | |
| |
Put (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
S&P 500 Index | | Goldman Sachs International | | | 3,365 | | | | 09/15/23 | | | | USD | | | | 4,007.00 | | | | USD | | | | 15,442 | | | $ | (19,586 | ) |
EUR Currency | | JPMorgan Chase Bank N.A. | | | — | | | | 09/25/23 | | | | EUR | | | | 1.08 | | | | EUR | | | | 177,201 | | | | (658,728 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | (1,109,989 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | (1,363,387 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
OTC Interest Rate Swaptions Written
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Paid by the Fund | | | Received by the Fund | | | | | Expiration Date | | | Exercise Rate | | | Notional Amount (000) | | | | |
Description | | Rate | | | Frequency | | | Rate | | | Frequency | | | Counterparty | | Value | |
Call | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
10-Year Interest Rate Swap, 08/11/33 | | | 2.55% | | | | Semi-Annual | | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 08/09/23 | | | | 2.55 | % | | | USD | | | | 115,694 | | | $ | (1 | ) |
5-Year Interest Rate Swap, 09/08/28 | | | 3.60% | | | | Semi-Annual | | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | Morgan Stanley & Co. International PLC | | | 09/06/23 | | | | 3.60 | | | | USD | | | | 741,461 | | | | (1,683,976 | ) |
5-Year Interest Rate Swap, 09/14/28 | | | 3.30% | | | | Semi-Annual | | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | Citibank N.A. | | | 09/12/23 | | | | 3.30 | | | | USD | | | | 251,066 | | | | (235,349 | ) |
5-Year Interest Rate Swap, 09/15/28 | | | 3.10% | | | | Semi-Annual | | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | Citibank N.A. | | | 09/13/23 | | | | 3.10 | | | | USD | | | | 75,199 | | | | (34,859 | ) |
2-Year Interest Rate Swap, 10/21/25 | | | 2.45% | | | | Semi-Annual | | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | Goldman Sachs International | | | 10/19/23 | | | | 2.45 | | | | USD | | | | 139,735 | | | | (41,244 | ) |
2-Year Interest Rate Swap, 10/26/25 | | | 3.09% | | | | Semi-Annual | | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | Citibank N.A. | | | 10/24/23 | | | | 3.09 | | | | USD | | | | 453,789 | | | | (130,033 | ) |
2-Year Interest Rate Swap, 11/16/25 | | | 2.75% | | | | Semi-Annual | | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | Citibank N.A. | | | 11/14/23 | | | | 2.75 | | | | USD | | | | 361,746 | | | | (102,562 | ) |
10-Year Interest Rate Swap, 12/16/33 | | | 2.40% | | | | Semi-Annual | | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | Morgan Stanley & Co. International PLC | | | 12/14/23 | | | | 2.40 | | | | USD | | | | 61,817 | | | | (71,053 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (2,299,077 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Put | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
10-Year Interest Rate Swap, 08/09/33 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 3.75% | | | | Semi-Annual | | | Goldman Sachs International | | | 08/07/23 | | | | 3.75 | | | | USD | | | | 122,848 | | | | (379,414 | ) |
2-Year Interest Rate Swap, 08/11/25 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.10% | | | | Semi-Annual | | | JPMorgan Chase Bank N.A. | | | 08/09/23 | | | | 4.10 | | | | USD | | | | 485,698 | | | | (6,176,382 | ) |
2-Year Interest Rate Swap, 08/18/25 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.10% | | | | Semi-Annual | | | Goldman Sachs International | | | 08/16/23 | | | | 4.10 | | | | USD | | | | 904,783 | | | | (11,271,705 | ) |
5-Year Interest Rate Swap, 09/15/28 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.30% | | | | Semi-Annual | | | Citibank N.A. | | | 09/13/23 | | | | 4.30 | | | | USD | | | | 75,199 | | | | (190,292 | ) |
10-Year Interest Rate Swap, 10/04/33 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 3.93% | | | | Semi-Annual | | | Goldman Sachs International | | | 10/02/23 | | | | 3.93 | | | | USD | | | | 120,542 | | | | (769,562 | ) |
10-Year Interest Rate Swap, 10/15/33 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 3.50% | | | | Semi-Annual | | | Goldman Sachs International | | | 10/13/23 | | | | 3.50 | | | | USD | | | | 167,168 | | | | (3,865,573 | ) |
2-Year Interest Rate Swap, 10/15/25 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.25% | | | | Semi-Annual | | | Citibank N.A. | | | 10/13/23 | | | | 4.25 | | | | USD | | | | 724,395 | | | | (6,644,715 | ) |
2-Year Interest Rate Swap, 10/18/25 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.05% | | | | Semi-Annual | | | Goldman Sachs International | | | 10/16/23 | | | | 4.05 | | | | USD | | | | 368,019 | | | | (4,478,064 | ) |
2-Year Interest Rate Swap, 10/19/25 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.25% | | | | Semi-Annual | | | Citibank N.A. | | | 10/17/23 | | | | 4.25 | | | | USD | | | | 335,626 | | | | (3,087,528 | ) |
2-Year Interest Rate Swap, 10/21/25 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 3.30% | | | | Semi-Annual | | | Goldman Sachs International | | | 10/19/23 | | | | 3.30 | | | | USD | | | | 69,867 | | | | (299,848 | ) |
5-Year Interest Rate Swap, 10/29/28 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.40% | | | | Semi-Annual | | | Goldman Sachs International | | | 10/27/23 | | | | 4.40 | | | | USD | | | | 253,915 | | | | (851,778 | ) |
2-Year Interest Rate Swap, 11/16/25 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.75% | | | | Semi-Annual | | | Citibank N.A. | | | 11/14/23 | | | | 4.75 | | | | USD | | | | 144,698 | | | | (524,025 | ) |
10-Year Interest Rate Swap, 12/16/33 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 3.60% | | | | Semi-Annual | | | Morgan Stanley & Co. International PLC | | | 12/14/23 | | | | 3.60 | | | | USD | | | | 61,817 | | | | (1,365,363 | ) |
37
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
OTC Interest Rate Swaptions Written (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | Paid by the Fund | | | Received by the Fund | | | | | Expiration Date | | | Exercise Rate | | | Notional Amount (000) | | | Value | |
Description | | Rate | | | Frequency | | | Rate | | | Frequency | | | Counterparty |
Put (continued) | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
5-Year Interest Rate Swap, 01/07/29 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 4.50% | | | | Semi-Annual | | | Citibank N.A. | | | 01/05/24 | | | | 4.50 | % | | | USD | | | | 126,125 | | | $ | (563,483 | ) |
5-Year Interest Rate Swap, 03/29/29 | |
| 1-Day SOFR, 5.06% | | | | Quarterly | | | | 3.79% | | | | Semi-Annual | | | JPMorgan Chase Bank N.A. | | | 03/27/24 | | | | 3.79 | | | | USD | | | | 350,867 | | | | (5,493,677 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | (45,961,409 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | $ | (48,260,486) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Centrally Cleared Credit Default Swaps — Buy Protection
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Reference Obligation/Index | | Financing Rate Paid by the Fund | | | Payment Frequency | | | Termination Date | | | Notional Amount (000) | | | Value | | | Upfront Premium Paid (Received) | | | Unrealized Appreciation (Depreciation) | |
| |
AVIS Budget Group Inc. | | | 5.00 | % | | | Quarterly | | | | 12/20/26 | | | USD | 12,271 | | | $ | (1,061,768 | ) | | $ | (1,207,937 | ) | | $ | 146,169 | |
CDX.NA.HY.37.V3 | | | 5.00 | | | | Quarterly | | | | 12/20/26 | | | USD | 51,319 | | | | (2,913,013 | ) | | | (1,126,860 | ) | | | (1,786,153 | ) |
CDX.NA.IG.39.V1 | | | 1.00 | | | | Quarterly | | | | 12/20/27 | | | USD | 18,263 | | | | (305,201 | ) | | | (22,905 | ) | | | (282,296 | ) |
CDX.NA.HY.40.V1 | | | 5.00 | | | | Quarterly | | | | 06/20/28 | | | USD | 8,555 | | | | (350,618 | ) | | | (80,596 | ) | | | (270,022 | ) |
iTraxx.XO.39.V1 | | | 5.00 | | | | Quarterly | | | | 06/20/28 | | | EUR | 35,885 | | | | (2,092,999 | ) | | | (277,911 | ) | | | (1,815,088 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | $ | (6,723,599) | | | $ | (2,716,209) | | | $ | (4,007,390 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Centrally Cleared Credit Default Swaps — Sell Protection
| | | | | | | | | | | | | | | | | | | | | | | | |
Reference Obligation/Index | | Financing Rate Received by the Fund | | | Payment Frequency | | | Termination Date | | | Credit Rating(a) | | | Notional Amount (000)(b) | | Value | | Upfront Premium Paid (Received) | | Unrealized Appreciation (Depreciation) |
CDX.NA.HY.39.V2 | | 5.00% | | | Quarterly | | | 12/20/27 | | | B | | | USD 22,060 | | $ 972,684 | | $ (75,857) | | $ 1,048,541 |
iTraxx.XO.38.V1 | | 5.00 | | | Quarterly | | | 12/20/27 | | | B | | | EUR 40,907 | | 2,735,513 | | (1,241,331) | | 3,976,844 |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | $ 3,708,197 | | $ (1,317,188) | | $ 5,025,385 |
| | | | | | | | | | | | | | | | | | | | | | | | |
| (a) | Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings. | |
| (b) | The maximum potential amount the Fund may pay should a negative credit event take place as defined under the terms of the agreement. | |
Centrally Cleared Interest Rate Swaps
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Paid by the Fund | | | | Received by the Fund | | Effective Date | | | Termination Date | | | Notional Amount (000) | | | Value | | | Upfront Premium Paid (Received) | | | Unrealized Appreciation (Depreciation) | |
Rate | | Frequency | | | | Rate | | Frequency |
3.75% | | Annual | | | | 1-Day SOFR, 5.06% | | Annual | | | N/A | | | | 02/13/24 | | | USD | 951,740 | | | $ | 14,312,109 | | | $ | 649 | | | $ | 14,311,460 | |
1-Day SOFR, 5.06% | | Annual | | | | 4.40% | | Annual | | | N/A | | | | 02/13/24 | | | USD | 1,794,864 | | | | (15,471,286 | ) | | | 1,224 | | | | (15,472,510 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | | | 4.68% | | Monthly | | | N/A | | | | 02/27/24 | | | MXN | 679,790 | | | | (1,624,590 | ) | | | 35 | | | | (1,624,625 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | | | 4.86% | | Monthly | | | N/A | | | | 03/01/24 | | | MXN | 679,790 | | | | (1,578,857 | ) | | | 36 | | | | (1,578,893 | ) |
1-Day SOFR, 5.06% | | Annual | | | | 4.50% | | Annual | | | N/A | | | | 03/09/24 | | | USD | 804,770 | | | | (6,583,967 | ) | | | 1,595 | | | | (6,585,562 | ) |
2.47% | | Annual | | | | 1-Day SONIA, 4.93% | | Annual | | | N/A | | | | 04/03/24 | | | GBP | 512,248 | | | | 18,510,584 | | | | (18,331 | ) | | | 18,528,915 | |
1-Day SONIA, 4.93% | | Annual | | | | 3.22% | | Annual | | | N/A | | | | 04/03/24 | | | GBP | 1,024,497 | | | | (27,529,913 | ) | | | 24,860 | | | | (27,554,773 | ) |
1-Day SOFR, 5.06% | | Annual | | | | 2.65% | | Annual | | | N/A | | | | 05/02/24 | | | USD | 1,463,855 | | | | (39,347,427 | ) | | | 119,427 | | | | (39,466,854) | |
1.00% | | Annual | | | | 6-mo. EURIBOR, 3.93% | | Semi-Annual | | | N/A | | | | 05/04/24 | | | EUR | 706,928 | | | | 22,034,353 | | | | 2,003 | | | | 22,032,350 | |
6-mo. EURIBOR, 3.93% | | Semi-Annual | | | | 1.75% | | Annual | | | N/A | | | | 05/04/24 | | | EUR | 1,413,856 | | | | (32,702,658 | ) | | | 4,006 | | | | (32,706,664 | ) |
1-Day SOFR, 5.06% | | Annual | | | | 4.46% | | Annual | | | N/A | | | | 07/12/24 | | | USD | 889,811 | | | | (8,011,635 | ) | | | 2,751 | | | | (8,014,386 | ) |
1-Day SOFR, 5.06% | | Annual | | | | 5.37% | | Annual | | | N/A | | | | 07/12/24 | | | USD | 454,851 | | | | (81,357 | ) | | | 1,415 | | | | (82,772 | ) |
1-Day SOFR, 5.06% | | Annual | | | | 5.37% | | Annual | | | N/A | | | | 07/12/24 | | | USD | 454,851 | | | | (68,131 | ) | | | 1,415 | | | | (69,546 | ) |
1-Day SONIA, 4.93% | | Annual | | | | 4.26% | | Annual | | | 09/06/23 | (a) | | | 09/06/24 | | | GBP | 260,709 | | | | (5,044,077 | ) | | | 826 | | | | (5,044,903 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | | | 9.78% | | Monthly | | | N/A | | | | 02/04/25 | | | MXN | 2,874,182 | | | | (1,117,716 | ) | | | 504 | | | | (1,118,220 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | | | 9.79% | | Monthly | | | N/A | | | | 02/04/25 | | | MXN | 1,437,091 | | | | (546,634 | ) | | | 252 | | | | (546,886 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | | | 9.80% | | Monthly | | | N/A | | | | 02/04/25 | | | MXN | 1,437,091 | | | | (528,299 | ) | | | 252 | | | | (528,551 | ) |
2.00% | | Annual | | | | 1-Day SOFR, 5.06% | | Annual | | | N/A | | | | 02/17/25 | | | USD | 148,033 | | | | 8,719,831 | | | | 511 | | | | 8,719,320 | |
1-Day SOFR, 5.06% | | Annual | | | | 2.60% | | Annual | | | N/A | | | | 02/17/25 | | | USD | 496,209 | | | | (23,483,269 | ) | | | 1,714 | | | | (23,484,983 | ) |
38
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Centrally Cleared Interest Rate Swaps (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Paid by the Fund | | Received by the Fund | | Effective Date | | | Termination Date | | | | | | Notional Amount (000) | | | Value | | | Upfront Premium Paid (Received) | | | Unrealized Appreciation (Depreciation) | |
Rate | | Frequency | | Rate | | Frequency |
| |
1-Day SOFR, 5.06% | | Annual | | 2.70% | | Annual | | | N/A | | | | 02/17/25 | | | | USD | | | | 496,209 | | | $ | (22,525,638 | ) | | $ | 1,714 | | | $ | (22,527,352 | ) |
1-Day SOFR, 5.06% | | Annual | | 4.03% | | Annual | | | N/A | | | | 03/10/25 | | | | USD | | | | 891,710 | | | | (17,264,577 | ) | | | 1,802 | | | | (17,266,379 | ) |
2.72% | | Annual | | 1-Day SOFR, 5.06% | | Annual | | | N/A | | | | 05/02/25 | | | | USD | | | | 1,840,036 | | | | 79,126,639 | | | | (311,711 | ) | | | 79,438,350 | |
1-Day SOFR, 5.06% | | Annual | | 3.75% | | Annual | | | N/A | | | | 12/15/25 | | | | USD | | | | 109,840 | | | | (2,869,821 | ) | | | 672 | | | | (2,870,493 | ) |
1-Day SOFR, 5.06% | | Annual | | 3.81% | | Annual | | | N/A | | | | 12/19/25 | | | | USD | | | | 116,833 | | | | (2,855,074 | ) | | | 718 | | | | (2,855,792 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | 6.48% | | Monthly | | | N/A | | | | 08/12/26 | | | | MXN | | | | 580,343 | | | | (2,375,897 | ) | | | 217 | | | | (2,376,114 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | 6.47% | | Monthly | | | N/A | | | | 08/13/26 | | | | MXN | | | | 796,887 | | | | (3,272,632 | ) | | | 298 | | | | (3,272,930 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | 6.42% | | Monthly | | | N/A | | | | 08/14/26 | | | | MXN | | | | 649,632 | | | | (2,715,076 | ) | | | 240 | | | | (2,715,316 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | 6.44% | | Monthly | | | N/A | | | | 08/14/26 | | | | MXN | | | | 394,136 | | | | (1,631,581 | ) | | | 147 | | | | (1,631,728 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | 6.42% | | Monthly | | | N/A | | | | 08/17/26 | | | | MXN | | | | 585,216 | | | | (2,428,706 | ) | | | 213 | | | | (2,428,919 | ) |
3-mo. KRW CDC, 3.74% | | Quarterly | | 3.38% | | Quarterly | | | 09/20/23 | (a) | | | 09/20/26 | | | | KRW | | | | 33,566,110 | | | | (188,845 | ) | | | 254 | | | | (189,099 | ) |
3-mo. KRW CDC, 3.74% | | Quarterly | | 3.38% | | Quarterly | | | 09/20/23 | (a) | | | 09/20/26 | | | | KRW | | | | 33,566,110 | | | | (182,844 | ) | | | 255 | | | | (183,099 | ) |
3-mo. KRW CDC, 3.74% | | Quarterly | | 3.39% | | Quarterly | | | 09/20/23 | (a) | | | 09/20/26 | | | | KRW | | | | 33,561,075 | | | | (179,066 | ) | | | 255 | | | | (179,321 | ) |
1-Day SOFR, 5.06% | | Annual | | 3.47% | | Annual | | | 03/10/25 | (a) | | | 03/10/27 | | | | USD | | | | 96,874 | | | | (49,200 | ) | | | 429 | | | | (49,629 | ) |
1-Day SOFR, 5.06% | | Annual | | 2.67% | | Annual | | | N/A | | | | 05/02/27 | | | | USD | | | | 205,746 | | | | (11,891,465 | ) | | | (117,471 | ) | | | (11,773,994 | ) |
1-Day SOFR, 5.06% | | Annual | | 2.91% | | Annual | | | N/A | �� | | | 10/06/27 | | | | USD | | | | 225,508 | | | | (13,120,468 | ) | | | 1,751 | | | | (13,122,219 | ) |
1-Day SONIA, 4.93% | | Annual | | 3.18% | | Annual | | | 02/10/27 | (a) | | | 02/10/28 | | | | GBP | | | | 849,941 | | | | (7,130,887 | ) | | | 4,686 | | | | (7,135,573 | ) |
1-Day SONIA, 4.93% | | Annual | | 4.86% | | Annual | | | N/A | | | | 06/20/28 | | | | GBP | | | | 62,860 | | | | 80,286 | | | | (160 | ) | | | 80,446 | |
0.02% | | Annual | | 6-mo. EURIBOR, 3.93% | | Semi-Annual | | | N/A | | | | 08/26/31 | | | | EUR | | | | 103,788 | | | | 26,156,727 | | | | 1,956 | | | | 26,154,771 | |
1-Day SOFR, 5.06% | | Annual | | 2.65% | | Annual | | | N/A | | | | 05/02/32 | | | | USD | | | | 793,039 | | | | (67,270,285 | ) | | | 659,487 | | | | (67,929,772 | ) |
2.58% | | Annual | | 1-Day SOFR, 5.06% | | Annual | | | N/A | | | | 05/24/32 | | | | USD | | | | 159,068 | | | | 14,148,361 | | | | (140,226 | ) | | | 14,288,587 | |
2.60% | | Annual | | 1-Day SOFR, 5.06% | | Annual | | | N/A | | | | 05/26/32 | | | | USD | | | | 26,061 | | | | 2,275,595 | | | | 371 | | | | 2,275,224 | |
1-Day SOFR, 5.06% | | Annual | | 3.47% | | Annual | | | N/A | | | | 10/04/32 | | | | USD | | | | 96,111 | | | | (2,580,897 | ) | | | 1,394 | | | | (2,582,291 | ) |
1-Day SOFR, 5.06% | | Annual | | 3.42% | | Annual | | | N/A | | | | 10/05/32 | | | | USD | | | | 53,594 | | | | (1,676,780 | ) | | | 801 | | | | (1,677,581 | ) |
1-Day SOFR, 5.06% | | Annual | | 3.05% | | Annual | | | N/A | | | | 10/28/32 | | | | USD | | | | 118,850 | | | | (7,454,974 | ) | | | 1,788 | | | | (7,456,762 | ) |
1-Day SOFR, 5.06% | | Annual | | 2.88% | | Annual | | | N/A | | | | 11/02/32 | | | | USD | | | | 120,735 | | | | (9,317,490 | ) | | | 1,820 | | | | (9,319,310 | ) |
1-Day SOFR, 5.06% | | Annual | | 2.92% | | Annual | | | N/A | | | | 11/04/32 | | | | USD | | | | 121,431 | | | | (8,957,575 | ) | | | 1,833 | | | | (8,959,408 | ) |
1-Day SOFR, 5.06% | | Annual | | 2.90% | | Annual | | | N/A | | | | 11/15/32 | | | | USD | | | | 193,694 | | | | (14,579,719 | ) | | | 2,930 | | | | (14,582,649 | ) |
1-Day SOFR, 5.06% | | Annual | | 3.20% | | Annual | | | N/A | | | | 11/28/32 | | | | USD | | | | 103,131 | | | | (5,122,402 | ) | | | 1,565 | | | | (5,123,967 | ) |
1-Day ESTR, 1,135.94% | | Annual | | 2.34% | | Annual | | | 01/19/28 | (a) | | | 01/19/33 | | | | EUR | | | | 74,318 | | | | (1,255,621 | ) | | | 1,041 | | | | (1,256,662 | ) |
1-Day SOFR, 5.06% | | Annual | | 3.14% | | Annual | | | 05/12/28 | (a) | | | 05/12/33 | | | | USD | | | | 135,199 | | | | (1,046,198 | ) | | | 1,246 | | | | (1,047,444 | ) |
28-Day MXIBTIIE, 11.51% | | Monthly | | 8.17% | | Monthly | | | N/A | | | | 06/10/33 | | | | MXN | | | | 950,000 | | | | (558,167 | ) | | | 886 | | | | (559,053 | ) |
3.24% | | Annual | | 1-Day SOFR, 5.06% | | Annual | | | 08/09/23 | (a) | | | 08/09/33 | | | | USD | | | | 60,101 | | | | 2,168,679 | | | | 971 | | | | 2,167,708 | |
3-mo. JIBAR, 8.45% | | Quarterly | | 9.90% | | Quarterly | | | 09/20/23 | (a) | | | 09/20/33 | | | | ZAR | | | | 276,671 | | | | 534,273 | | | | 273 | | | | 534,000 | |
3-mo. JIBAR, 8.45% | | Quarterly | | 9.90% | | Quarterly | | | 09/20/23 | (a) | | | 09/20/33 | | | | ZAR | | | | 138,336 | | | | 267,640 | | | | 135 | | | | 267,505 | |
3-mo. JIBAR, 8.45% | | Quarterly | | 9.92% | | Quarterly | | | 09/20/23 | (a) | | | 09/20/33 | | | | ZAR | | | | 138,336 | | | | 278,464 | | | | 137 | | | | 278,327 | |
2.61% | | Annual | | 1-Day SOFR, 5.06% | | Annual | | | N/A | | | | 05/02/42 | | | | USD | | | | 19,667 | | | | 2,739,870 | | | | 46,115 | | | | 2,693,755 | |
2.43% | | Annual | | 1-Day SOFR, 5.06% | | Annual | | | N/A | | | | 05/02/52 | | | | USD | | | | 577,068 | | | | 101,866,692 | | | | (1,236,723 | ) | | | 103,103,415 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | $ | (81,001,598 | ) | | $ | (922,747 | ) | | $ | (80,078,851 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Centrally Cleared Inflation Swaps
| | | | | | | | | | | | | | | | | | | | | | | | |
| |
Paid by the Fund | | Received by the Fund | | Termination Date | | | Notional Amount (000) | | Value | | | Upfront Premium Paid (Received) | | | Unrealized Appreciation (Depreciation) | |
Reference | | Frequency | | Rate | | Frequency |
| |
Eurostat Eurozone HICP Ex Tobacco Unrevised | | Monthly | | 2.69% | | Monthly | | | 08/15/32 | | | EUR 14,565 | | $ | (418,070 | ) | | $ | 303 | | | $ | (418,373 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | |
OTC Credit Default Swaps — Buy Protection
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | |
| | Reference Obligations/Index | |
| Financing Rate Paid by the Fund | | |
| Payment Frequency | | | Counterparty | |
| Termination Date | | |
| Notional Amount (000) | | | | Value | | |
| Upfront Premium Paid (Received) | | |
| Unrealized Appreciation (Depreciation) | |
| | | |
| | Pitney Bowes, Inc. | | | 1.00 | % | | | Quarterly | | | Barclays Bank PLC | | | 06/20/24 | | | | USD | | | | 410 | | | $ | 19,145 | | | $ | 24,630 | | | $ | (5,485 | ) |
| | Staples Inc. | | | 5.00 | | | | Quarterly | | | Barclays Bank PLC | | | 06/20/24 | | | | USD | | | | 790 | | | | 23,234 | | | | 41,324 | | | | (18,090 | ) |
39
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
OTC Credit Default Swaps — Buy Protection (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | |
| | Reference Obligations/Index | |
| Financing Rate Paid by the Fund | | |
| Payment Frequency | | | Counterparty | |
| Termination Date | | |
| Notional Amount (000) | | | | Value | | |
| Upfront Premium Paid (Received) | | |
| Unrealized Appreciation (Depreciation) | |
| | | |
| | Pitney Bowes, Inc. | | | 1.00 | % | | | Quarterly | | | Citibank N.A. | | | 06/20/25 | | | | USD | | | | 1,210 | | | $ | 182,645 | | | $ | 200,814 | | | $ | (18,169 | ) |
| | Pitney Bowes, Inc. | | | 1.00 | | | | Quarterly | | | Goldman Sachs International | | | 06/20/25 | | | | USD | | | | 800 | | | | 120,756 | | | | 159,293 | | | | (38,537 | ) |
| | General Electric Co. | | | 1.00 | | | | Quarterly | | | Goldman Sachs International | | | 06/20/27 | | | | USD | | | | 3,320 | | | | (46,899 | ) | | | 53,725 | | | | (100,624 | ) |
| | Borgwarner Inc. | | | 1.00 | | | | Quarterly | | | BNP Paribas SA | | | 12/20/27 | | | | USD | | | | 1,330 | | | | (25,994 | ) | | | 16,411 | | | | (42,405 | ) |
| | Pitney Bowes, Inc. | | | 1.00 | | | | Quarterly | | | Barclays Bank PLC | | | 12/20/27 | | | | USD | | | | 480 | | | | 171,508 | | | | 110,524 | | | | 60,984 | |
| | Pitney Bowes, Inc. | | | 1.00 | | | | Quarterly | | | Citibank N.A. | | | 12/20/27 | | | | USD | | | | 270 | | | | 96,473 | | | | 65,352 | | | | 31,121 | |
| | Pitney Bowes, Inc. | | | 1.00 | | | | Quarterly | | | Citibank N.A. | | | 12/20/27 | | | | USD | | | | 400 | | | | 142,924 | | | | 99,732 | | | | 43,192 | |
| | Pitney Bowes, Inc. | | | 1.00 | | | | Quarterly | | | Goldman Sachs International | | | 12/20/27 | | | | USD | | | | 490 | | | | 175,081 | | | | 112,884 | | | | 62,197 | |
| | Pitney Bowes, Inc. | | | 1.00 | | | | Quarterly | | | Goldman Sachs International | | | 12/20/27 | | | | USD | | | | 675 | | | | 241,184 | | | | 159,615 | | | | 81,569 | |
| | Xerox Corp. | | | 1.00 | | | | Quarterly | | | Citibank N.A. | | | 12/20/27 | | | | USD | | | | 470 | | | | 30,953 | | | | 48,573 | | | | (17,620 | ) |
| | Xerox Corp. | | | 1.00 | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 12/20/27 | | | | USD | | | | 790 | | | | 52,028 | | | | 81,859 | | | | (29,831 | ) |
| | Credit Suisse Group AG | | | 1.00 | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 06/20/28 | | | | EUR | | | | 12,300 | | | | (67,935 | ) | | | 430,516 | | | | (498,451 | ) |
| | Credit Suisse Group AG | | | 1.00 | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 06/20/28 | | | | EUR | | | | 7,200 | | | | (39,767 | ) | | | 243,519 | | | | (283,286 | ) |
| | Ford Motor Company | | | 5.00 | | | | Quarterly | | | Morgan Stanley & Co. International PLC | | | 06/20/28 | | | | USD | | | | 2,415 | | | | (264,101 | ) | | | (117,544 | ) | | | (146,557 | ) |
| | MetLife, Inc. | | | 1.00 | | | | Quarterly | | | BNP Paribas SA | | | 06/20/28 | | | | USD | | | | 1,165 | | | | (5,340 | ) | | | 8,575 | | | | (13,915 | ) |
| | Paramount Global, Class B | | | 1.00 | | | | Quarterly | | | Barclays Bank PLC | | | 06/20/28 | | | | USD | | | | 425 | | | | 23,704 | | | | 17,668 | | | | 6,036 | |
| | Paramount Global, Class B | | | 1.00 | | | | Quarterly | | | Barclays Bank PLC | | | 06/20/28 | | | | USD | | | | 395 | | | | 22,045 | | | | 16,431 | | | | 5,614 | |
| | Paramount Global, Class B | | | 1.00 | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 06/20/28 | | | | USD | | | | 1,955 | | | | 109,084 | | | | 85,267 | | | | 23,817 | |
| | Simon Property Group., LP | | | 1.00 | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 06/20/28 | | | | USD | | | | 4,065 | | | | (27,899 | ) | | | 91,840 | | | | (119,739 | ) |
| | Southwest Airlines, Co. | | | 1.00 | | | | Quarterly | | | JPMorgan Chase Bank N.A. | | | 06/20/28 | | | | USD | | | | 4,070 | | | | (10,463 | ) | | | 60,275 | | | | (70,738 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | $ | 922,366 | | | $ | 2,011,283 | | | $ | (1,088,917 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
OTC Credit Default Swaps — Sell Protection
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Reference Obligation/Index | |
| Financing Rate Received by the Fund | | |
| Payment Frequency | | | Counterparty
| |
| Termination Date | | |
| Credit Rating | (a) | |
| Notional Amount (000) | (b) | | | Value | | |
| Upfront Premium Paid (Received) | | |
| Unrealized Appreciation (Depreciation) | |
| |
Vistra Operations Company LLC | | | 5.00 | % | | | Quarterly | | | JP Morgan Chase Bank | | | 12/20/25 | | | | BB | | | | USD 2,125 | | | $ | 159,230 | | | $ | 90,592 | | | $ | 68,638 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (a) | Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings. | |
| (b) | The maximum potential amount the Fund may pay should a negative credit event take place as defined under the terms of the agreement. | |
OTC Interest Rate Swaps
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | |
| | Paid by the Fund | | Received by the Fund | | Counterparty | |
| Effective
Date |
| | Termination Date | |
| Notional
Amount (000 |
) | | | Value | | |
| Upfront Premium
Paid (Received) |
| |
| Unrealized Appreciation (Depreciation) | |
| | Rate | | Frequency | | Rate | | Frequency |
| | | |
| | 12.62% | | Annual | | 1-Day BZDIOVER, 0.05% | | Annual | | Citibank N.A. | | | N/A | | | 01/02/24 | | | BRL 850,531 | | | $ | (13,823 | ) | | $ | — | | | $ | (13,823 | ) |
| | 1-Day BZDIOVER, 0.05% | | Annual | | 13.15% | | Annual | | JPMorgan Chase Bank N.A. | | | N/A | | | 01/02/25 | | | BRL 435,468 | | | | 3,065,958 | | | | — | | | | 3,065,958 | |
| | 1-Day BZDIOVER, 0.05% | | Annual | | 13.18% | | Annual | | JPMorgan Chase Bank N.A. | | | N/A | | | 01/02/25 | | | BRL 435,248 | | | | 3,113,806 | | | | — | | | | 3,113,806 | |
| | 1-Day BZDIOVER, 0.05% | | Annual | | 13.22% | | Annual | | Citibank N.A. | | | N/A | | | 01/02/25 | | | BRL 228,965 | | | | 1,675,271 | | | | — | | | | 1,675,271 | |
| | 1-Day BZDIOVER, 0.05% | | Annual | | 9.39% | | Annual | | JPMorgan Chase Bank N.A. | | | N/A | | | 01/02/25 | | | BRL 289,615 | | | | (4,184,806 | ) | | | — | | | | (4,184,806 | ) |
| | 1-Day BZDIOVER, 0.05% | | Annual | | 9.42% | | Annual | | JPMorgan Chase Bank N.A. | | | N/A | | | 01/02/25 | | | BRL 315,948 | | | | (4,491,327 | ) | | | — | | | | (4,491,327 | ) |
40
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
OTC Interest Rate Swaps (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Paid by the Fund | | Received by the Fund | | Counterparty | |
| Effective Date | | | Termination Date | |
| Notional Amount (000) | | | | Value | | |
| Upfront Premium Paid (Received) | | |
| Unrealized Appreciation (Depreciation) | |
Rate | | Frequency | | Rate | | Frequency |
| |
1-Day BZDIOVER, 0.05% | | Annual | | 11.27% | | Annual | | BNP Paribas SA | | | N/A | | | 01/02/26 | | | BRL 27,959 | | | $ | 141,723 | | | $ | — | | | $ | 141,723 | |
1-Day BZDIOVER, 0.05% | | Annual | | 11.56% | | Annual | | Barclays Bank PLC | | | N/A | | | 01/02/26 | | | BRL 27,208 | | | | 175,376 | | | | — | | | | 175,376 | |
1-Day BZDIOVER, 0.05% | | Annual | | 11.76% | | Annual | | Citibank N.A. | | | N/A | | | 01/02/26 | | | BRL 21,092 | | | | 158,151 | | | | — | | | | 158,151 | |
1-Day BZDIOVER, 0.05% | | Annual | | 11.78% | | Annual | | JPMorgan Chase Bank N.A. | | | N/A | | | 01/02/26 | | | BRL 22,021 | | | | 166,851 | | | | — | | | | 166,851 | |
1-Day BZDIOVER, 0.05% | | Annual | | 11.82% | | Annual | | Barclays Bank PLC | | | N/A | | | 01/02/26 | | | BRL 36,332 | | | | 284,829 | | | | — | | | | 284,829 | |
1-Day BZDIOVER, 0.05% | | Annual | | 11.83% | | Annual | | Morgan Stanley & Co. International PLC | | | N/A | | | 01/02/26 | | | BRL 38,726 | | | | 305,797 | | | | — | | | | 305,797 | |
1-Day BZDIOVER, 0.05% | | Annual | | 10.01% | | Annual | | Goldman Sachs International | | | N/A | | | 01/04/27 | | | BRL 175,403 | | | | (98,938 | ) | | | — | | | | (98,938 | ) |
1-Day BZDIOVER, 0.05% | | Annual | | 10.03% | | Annual | | BNP Paribas SA | | | N/A | | | 01/04/27 | | | BRL 122,264 | | | | (32,101 | ) | | | — | | | | (32,101 | ) |
1-Day BZDIOVER, 0.05% | | Annual | | 10.05% | | Annual | | Goldman Sachs International | | | N/A | | | 01/04/27 | | | BRL 347,460 | | | | (49,732 | ) | | | — | | | | (49,732 | ) |
1-Day BZDIOVER, 0.05% | | Annual | | 10.10% | | Annual | | Bank of America N.A. | | | N/A | | | 01/04/27 | | | BRL 130,062 | | | | 22,227 | | | | — | | | | 22,227 | |
1-Day BZDIOVER, 0.05% | | Annual | | 10.12% | | Annual | | Bank of America N.A. | | | N/A | | | 01/04/27 | | | BRL 173,308 | | | | 53,345 | | | | — | | | | 53,345 | |
1-Day BZDIOVER, 0.05% | | Annual | | 10.12% | | Annual | | BNP Paribas SA | | | N/A | | | 01/04/27 | | | BRL 928 | | | | 286 | | | | — | | | | 286 | |
1-Day BZDIOVER, 0.05% | | Annual | | 10.12% | | Annual | | BNP Paribas SA | | | N/A | | | 01/04/27 | | | BRL 166,281 | | | | 54,028 | | | | — | | | | 54,028 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | $ | 346,921 | | | $ | — | | | $ | 346,921 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
OTC Total Return Swaps
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Paid by the Fund | | Received by the Fund | | Counterparty | |
| Effective
Date |
| | Termination Date | |
| Notional
Amount (000) |
| | | Value | | |
| Upfront Premium Paid (Received) | | |
| Unrealized Appreciation (Depreciation) | |
Rate/Reference | | Frequency | | Rate/Reference | | Frequency |
| |
Fixed, 0.00% | | Quarterly | | Citi Equity US 1W Volatility Carry Index | | Quarterly | | Citibank N.A. | | | N/A | | | 09/15/23 | | | USD 8,386 | | | $ | 7,551 | | | $ | — | | | $ | 7,551 | |
iShares iBoxx $ High Yield Corporate Bond ETF | | Monthly | | 1-Day SOFR, 5.06% | | Monthly | | BNP Paribas SA | | | N/A | | | 09/15/23 | | | USD 12,696 | | | | (40,485 | ) | | | — | | | | (40,485 | ) |
1-Day SOFR minus 0.75%, 5.06% | | Monthly | | iShares iBoxx $ High Yield Corporate Bond ETF | | Monthly | | BNP Paribas SA | | | N/A | | | 09/15/23 | | | USD 25,311 | | | | 52,448 | | | | — | | | | 52,448 | |
1-Day SOFR minus 0.50%, 5.06% | | Monthly | | iShares iBoxx $ High Yield Corporate Bond ETF | | Monthly | | Goldman Sachs & Co. LLC | | | N/A | | | 09/15/23 | | | USD 20,334 | | | | (66,109) | | | | — | | | | (66,109) | |
41
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
OTC Total Return Swaps (continued)
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
Paid by the Fund | | Received by the Fund | | Counterparty | |
| Effective
Date |
| | Termination Date | |
| Notional
Amount (000) |
| | | Value | | |
| Upfront Premium Paid (Received) | | |
| Unrealized Appreciation (Depreciation) | |
Rate/Reference | | Frequency | | Rate/Reference | | Frequency |
| |
1-Day SOFR minus 0.40%, 5.06% | | Monthly | | iShares iBoxx $ High Yield Corporate Bond ETF | | Monthly | | BNP Paribas SA | | | N/A | | | 09/15/23 | | | USD 20,277 | | | $ | 24,412 | | | $ | — | | | $ | 24,412 | |
iShares iBoxx $ Investment Grade Corporate Bond ETF | | Monthly | | 1-Day SOFR minus 0.35%, 5.06% | | Monthly | | BNP Paribas SA | | | N/A | | | 09/15/23 | | | USD 67,951 | | | | 266,368 | | | | — | | | | 266,368 | |
iShares iBoxx $ Investment Grade Corporate Bond ETF | | Monthly | | 1-Day SOFR minus 0.35%, 5.06% | | Monthly | | JP Morgan Chase Bank | | | N/A | | | 09/15/23 | | | USD 73,972 | | | | 289,969 | | | | — | | | | 289,969 | |
1-Day SOFR minus 0.75%, 5.06% | | Monthly | | iShares iBoxx $ High Yield Corporate Bond ETF | | Monthly | | JP Morgan Chase Bank | | | N/A | | | 09/20/23 | | | USD 30,349 | | | | 87,231 | | | | — | | | | 87,231 | |
1-Day SOFR minus 0.40%, 5.06% | | Monthly | | iShares iBoxx $ High Yield Corporate Bond ETF | | Monthly | | Goldman Sachs & Co. LLC | | | N/A | | | 09/20/23 | | | USD 20,337 | | | | (69,651 | ) | | | — | | | | (69,651 | ) |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | $ | 551,734 | | | $ | — | | | $ | 551,734 | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
OTC Total Return Swaps
| | | | | | | | | | | | | | | | | | | | | | | | |
Reference Entity | | Payment Frequency | | Counterparty | | Termination Date | | | Net Notional | | | Accrued Unrealized Appreciation (Depreciation) | | | Net Value of Reference Entity | | | Gross Notional Amount Net Asset Percentage | |
Equity Securities Long/Short | | Monthly | | Citibank N.A.(a) | | | 02/26/24 – 02/24/28 | | | $ | (186,823,791 | ) | | $ | (2,932,121 | )(b) | | $ | (190,013,408 | ) | | | 1.0 | % |
| | Monthly | | JPMorgan Chase Bank N.A.(c) | | | 02/08/24 – 02/15/24 | | | | (253,360,215 | ) | | | (23,419,893 | )(d) | | | (277,116,035 | ) | | | 1.4 | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | |
| | | | | | | | | | | | | | $ | (26,352,014 | ) | | $ | (467,129,443 | ) | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | |
| (b) | Amount includes $257,496 of net dividends and financing fees. | |
| (d) | Amount includes $335,927 of net dividends and financing fees. | |
The following are the specified benchmarks (plus or minus a range) used in determining the variable rate of interest:
| | | | | | | | |
| | | | (a) | | | | (c) |
Range: | | | | 0-139 basis points | | | | 15-700 basis points |
Benchmarks: | | | | USD - 1D Overnight Bank Funding Rate (OBFR01) | | USD - 1D Overnight Bank Funding Rate (OBFR01) |
42
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
The following table represents the individual long and short positions and related values of the equity securities underlying the total return swap with Citibank N.A. as of period end, termination dates 02/26/24 - 02/24/28:
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| |
Reference Entity — Long | | | | | |
| | | |
Common Stocks | | | | | | | | | |
| | | |
Brazil | | | | | | | | | |
MercadoLibre, Inc. | | | 33 | | | $ | 40,856 | | | | (0.0 | )% |
| | | | | | | | | | | | |
| | | |
United States | | | | | | | | | |
Dollar General Corp. | | | 124 | | | | 20,939 | | | | (0.0 | ) |
| | | | | | | | | | | | |
| | |
Total Reference Entity — Long | | | | 61,795 | | | | | |
| | | | | | | | | | | | |
|
Reference Entity — Short | |
| | | |
Common Stocks | | | | | | | | | |
| | | |
Belgium | | | | | | | | | |
D’ieteren Group | | | (6,662 | ) | | | (1,163,493 | ) | | | 0.6 | |
| | | | | | | | | | | | |
| | | |
Brazil | | | | | | | | | |
Cia de Saneamento Basico do Estado de Sao Paulo SABESP | | | (170,638 | ) | | | (2,096,552 | ) | | | 1.1 | |
Suzano SA | | | (61,279 | ) | | | (622,930 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | | | | | (2,719,482 | ) | | | | |
| | | |
Canada | | | | | | | | | |
Intact Financial Corp. | | | (17,996 | ) | | | (2,658,629 | ) | | | 1.4 | |
Power Corp. of Canada | | | (113,914 | ) | | | (3,227,412 | ) | | | 1.7 | |
Restaurant Brands International, Inc. | | | (33,980 | ) | | | (2,601,358 | ) | | | 1.4 | |
| | | | | | | | | | | | |
| | | | | | | (8,487,399 | ) | | | | |
| | | |
China | | | | | | | | | |
China Overseas Land & Investment Ltd. | | | (593,500 | ) | | | (1,407,882 | ) | | | 0.7 | |
China Vanke Co. Ltd., Class H | | | (509,022 | ) | | | (721,463 | ) | | | 0.4 | |
Li Ning Co. Ltd. | | | (119,000 | ) | | | (725,475 | ) | | | 0.4 | |
Prosus NV | | | (6,324 | ) | | | (500,275 | ) | | | 0.3 | |
Xiaomi Corp., Class B | | | (1,278,400 | ) | | | (2,033,782 | ) | | | 1.1 | |
XPeng, Inc., Class A | | | (803,800 | ) | | | (8,574,076 | ) | | | 4.5 | |
Zhuzhou CRRC Times Electric Co. Ltd. | | | (247,800 | ) | | | (987,875 | ) | | | 0.5 | |
ZTE Corp. | | | (163,000 | ) | | | (596,552 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | | | | | (15,547,380 | ) | | | | |
| | | |
Denmark | | | | | | | | | |
Tryg A/S | | | (44,055 | ) | | | (869,813 | ) | | | 0.5 | |
| | | | | | | | | | | | |
| | | |
Finland | | | | | | | | | |
Metso Oyj | | | (97,855 | ) | | | (1,112,031 | ) | | | 0.6 | |
Nordea Bank Abp | | | (122,846 | ) | | | (1,390,412 | ) | | | 0.7 | |
| | | | | | | | | | | | |
| | | | | | | (2,502,443 | ) | | | | |
| | | |
Germany | | | | | | | | | |
Infineon Technologies AG | | | (14,781 | ) | | | (649,410 | ) | | | 0.3 | |
Vonovia SE | | | (281,147 | ) | | | (6,550,719 | ) | | | 3.5 | |
| | | | | | | | | | | | |
| | | | | | | (7,200,129 | ) | | | | |
| | | |
Italy | | | | | | | | | |
Nexi SpA | | | (141,959 | ) | | | (1,229,365 | ) | | | 0.7 | |
Telecom Italia SpA | | | (12,009,928 | ) | | | (3,462,119 | ) | | | 1.8 | |
| | | | | | | | | | | | |
| | | | | | | (4,691,484 | ) | | | | |
| | | |
Japan | | | | | | | | | |
Advantest Corp. | | | (3,800 | ) | | | (525,578 | ) | | | 0.3 | |
ENEOS Holdings, Inc. | | | (526,600 | ) | | | (1,910,578 | ) | | | 1.0 | |
Hitachi Ltd. | | | (8,300 | ) | | | (543,355 | ) | | | 0.3 | |
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| | | |
Japan (continued) | | | | | | | | | |
Lasertec Corp. | | | (19,900 | ) | | $ | (3,012,498 | ) | | | 1.6 | % |
MatsukiyoCocokara & Co. | | | (91,100 | ) | | | (5,331,319 | ) | | | 2.8 | |
Mercari, Inc. | | | (22,000 | ) | | | (557,311 | ) | | | 0.3 | |
Mitsubishi Estate Co. Ltd. | | | (61,000 | ) | | | (747,597 | ) | | | 0.4 | |
Olympus Corp. | | | (93,300 | ) | | | (1,522,369 | ) | | | 0.8 | |
Open House Group Co. Ltd. | | | (21,300 | ) | | | (810,514 | ) | | | 0.4 | |
Recruit Holdings Co. Ltd. | | | (161,600 | ) | | | (5,597,121 | ) | | | 2.9 | |
RENOVA, Inc. | | | (9,700 | ) | | | (102,454 | ) | | | 0.1 | |
SoftBank Group Corp. | | | (17,600 | ) | | | (895,178 | ) | | | 0.5 | |
Sony Group Corp. | | | (9,900 | ) | | | (928,503 | ) | | | 0.5 | |
SUMCO Corp. | | | (188,900 | ) | | | (2,752,635 | ) | | | 1.4 | |
TDK Corp. | | | (15,100 | ) | | | (578,455 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | | | | | (25,815,465 | ) | | | | |
| | | |
Mexico | | | | | | | | | |
America Movil SAB de C.V., Series B | | | (7,159,480 | ) | | | (7,503,665 | ) | | | 3.9 | |
| | | | | | | | | | | | |
| | | |
Netherlands | | | | | | | | | |
Koninklijke Philips NV | | | (59,042 | ) | | | (1,226,517 | ) | | | 0.6 | |
| | | | | | | | | | | | |
| | | |
Norway | | | | | | | | | |
Aker ASA, Class A, A Shares | | | (4,345 | ) | | | (276,286 | ) | | | 0.1 | |
Aker BP ASA, Class A | | | (101,764 | ) | | | (2,850,672 | ) | | | 1.5 | |
Nordic Semiconductor ASA | | | (33,504 | ) | | | (493,408 | ) | | | 0.3 | |
Salmar ASA | | | (29,542 | ) | | | (1,364,796 | ) | | | 0.7 | |
| | | | | | | | | | | | |
| | | | | | | (4,985,162 | ) | | | | |
| | | |
Poland | | | | | | | | | |
KGHM Polska Miedz SA | | | (56,250 | ) | | | (1,739,618 | ) | | | 0.9 | |
LPP SA | | | (251 | ) | | | (863,426 | ) | | | 0.5 | |
| | | | | | | | | | | | |
| | | | | | | (2,603,044 | ) | | | | |
| | | |
South Korea | | | | | | | | | |
Hanwha Solutions Corp. | | | (8,505 | ) | | | (252,422 | ) | | | 0.2 | |
Kakao Corp. | | | (86,407 | ) | | | (3,478,480 | ) | | | 1.8 | |
| | | | | | | | | | | | |
| | | | | | | (3,730,902 | ) | | | | |
| | | |
Sweden | | | | | | | | | |
EQT AB | | | (48,896 | ) | | | (1,167,983 | ) | | | 0.6 | |
Fastighets AB Balder, Class B, B Shares | | | (195,611 | ) | | | (912,813 | ) | | | 0.5 | |
Sagax AB | | | (24,071 | ) | | | (534,512 | ) | | | 0.3 | |
Sandvik AB | | | (30,599 | ) | | | (621,543 | ) | | | 0.3 | |
Trelleborg AB, B Shares | | | (35,551 | ) | | | (946,462 | ) | | | 0.5 | |
| | | | | | | | | | | | |
| | | | | | | (4,183,313 | ) | | | | |
| | | |
Switzerland | | | | | | | | | |
SIG Group AG | | | (218,826 | ) | | | (5,850,021 | ) | | | 3.1 | |
Straumann Holding AG, Registered Shares | | | (12,234 | ) | | | (2,024,396 | ) | | | 1.0 | |
| | | | | | | | | | | | |
| | | | | | | (7,874,417 | ) | | | | |
| | | |
United Kingdom | | | | | | | | | |
Rentokil Initial PLC | | | (194,133 | ) | | | (1,582,991 | ) | | | 0.8 | |
| | | | | | | | | | | | |
| | | |
United States | | | | | | | | | |
Airbnb, Inc., Class A | | | (3,861 | ) | | | (587,607 | ) | | | 0.3 | |
Arch Capital Group Ltd. | | | (10,728 | ) | | | (833,458 | ) | | | 0.4 | |
Blackstone, Inc. | | | (49,407 | ) | | | (5,177,360 | ) | | | 2.7 | |
Broadcom, Inc. | | | (731 | ) | | | (656,913 | ) | | | 0.3 | |
Broadridge Financial Solutions, Inc. | | | (6,398 | ) | | | (1,074,352 | ) | | | 0.6 | |
Celanese Corp., Class A | | | (16,911 | ) | | | (2,120,470 | ) | | | 1.1 | |
Charles River Laboratories International, Inc. | | | (7,186 | ) | | | (1,505,754 | ) | | | 0.8 | |
Church & Dwight Co., Inc. | | | (23,800 | ) | | | (2,276,946 | ) | | | 1.2 | |
Constellation Energy Corp. | | | (96,190 | ) | | | (9,296,764 | ) | | | 4.9 | |
CoStar Group, Inc. | | | (7,857 | ) | | | (659,752 | ) | | | 0.3 | |
DaVita, Inc. | | | (5,974 | ) | | | (609,288 | ) | | | 0.3 | |
43
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| | | |
United States (continued) | | | | | | | | | |
Discover Financial Services | | | (7,527 | ) | | $ | (794,475 | ) | | | 0.4 | % |
Equifax, Inc. | | | (15,415 | ) | | | (3,145,893 | ) | | | 1.7 | |
Illumina, Inc. | | | (21,782 | ) | | | (4,185,411 | ) | | | 2.2 | |
Iron Mountain, Inc. | | | (15,136 | ) | | | (929,350 | ) | | | 0.5 | |
Kimco Realty Corp. | | | (33,272 | ) | | | (674,091 | ) | | | 0.4 | |
KKR & Co., Inc. | | | (36,813 | ) | | | (2,185,956 | ) | | | 1.2 | |
Lamb Weston Holdings, Inc. | | | (52,367 | ) | | | (5,426,792 | ) | | | 2.9 | |
Marvell Technology, Inc. | | | (27,024 | ) | | | (1,760,073 | ) | | | 0.9 | |
Newell Brands, Inc. | | | (322,753 | ) | | | (3,601,924 | ) | | | 1.9 | |
Occidental Petroleum Corp. | | | (16,865 | ) | | | (1,064,688 | ) | | | 0.6 | |
Old Dominion Freight Line, Inc. | | | (174 | ) | | | (72,991 | ) | | | 0.0 | |
Oracle Corp. | | | (13,949 | ) | | | (1,635,241 | ) | | | 0.9 | |
Paramount Global, Class B | | | (455,062 | ) | | | (7,294,644 | ) | | | 3.8 | |
Quanta Services, Inc. | | | (23,265 | ) | | | (4,690,689 | ) | | | 2.5 | |
Raymond James Financial, Inc. | | | (11,030 | ) | | | (1,214,072 | ) | | | 0.6 | |
Realty Income Corp. | | | (12,649 | ) | | | (771,210 | ) | | | 0.4 | |
Republic Services, Inc., Class A | | | (34,409 | ) | | | (5,199,544 | ) | | | 2.7 | |
Revvity, Inc. | | | (5,500 | ) | | | (676,225 | ) | | | 0.4 | |
Southwest Airlines Co. | | | (17,947 | ) | | | (613,070 | ) | | | 0.3 | |
Take-Two Interactive Software, Inc. | | | (62,887 | ) | | | (9,617,938 | ) | | | 5.1 | |
Teledyne Technologies, Inc. | | | (12,293 | ) | | | (4,727,027 | ) | | | 2.5 | |
Welltower, Inc. | | | (6,396 | ) | | | (525,431 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | | | | | (85,605,399 | ) | | | | |
| | | | | | | | | | | | |
| | | |
Preferred Stocks | | | | | | | | | |
| | | |
Germany | | | | | | | | | |
Porsche Automobil Holding SE | | | (9,061 | ) | | | (534,652 | ) | | | 0.3 | |
Sartorius AG | | | (3,025 | ) | | | (1,248,053 | ) | | | 0.6 | |
| | | | | | | | | | | | |
| | |
Total Reference Entity — Short | | | | (190,075,203 | ) | | | | |
| | | | | | | | | | | | |
| | |
Net Value of Reference Entity — Citibank N.A. | | | $ | (190,013,408 | ) | | | | |
| | | | | | | | | | | | |
The following table represents the individual short positions and related values of the equity securities underlying the total return swap with JPMorgan Chase Bank N.A. as of period end, termination dates 02/08/24 - 02/15/24:
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| |
Reference Entity — Short | | | | | |
| | | |
Common Stocks | | | | | | | | | |
| | | |
Australia | | | | | | | | | |
Brambles Ltd. | | | (122,071 | ) | | $ | (1,154,886 | ) | | | 0.4 | % |
Computershare Ltd. | | | (527,778 | ) | | | (8,901,110 | ) | | | 3.2 | |
Evolution Mining Ltd. | | | (220,438 | ) | | | (553,400 | ) | | | 0.2 | |
Fortescue Metals Group Ltd. | | | (42,542 | ) | | | (625,398 | ) | | | 0.2 | |
IDP Education Ltd. | | | (58,421 | ) | | | (979,043 | ) | | | 0.3 | |
IGO Ltd. | | | (106,347 | ) | | | (993,734 | ) | | | 0.4 | |
Lendlease Corp Ltd. | | | (121,826 | ) | | | (708,244 | ) | | | 0.3 | |
Lynas Rare Earths Ltd. | | | (347,384 | ) | | | (1,574,423 | ) | | | 0.6 | |
Macquarie Group Ltd. | | | (13,586 | ) | | | (1,602,196 | ) | | | 0.6 | |
Mineral Resources Ltd. | | | (71,588 | ) | | | (3,458,901 | ) | | | 1.2 | |
Pilbara Minerals Ltd. | | | (204,220 | ) | | | (668,115 | ) | | | 0.2 | |
Santos Ltd. | | | (152,196 | ) | | | (818,965 | ) | | | 0.3 | |
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| | | |
Australia (continued) | | | | | | | | | |
Suncorp Group Ltd. | | | (138,880 | ) | | $ | (1,330,751 | ) | | | 0.5 | % |
Woodside Energy Group Ltd. | | | (29,726 | ) | | | (766,193 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | | | | | (24,135,359 | ) | | | | |
| | | |
Belgium | | | | | | | | | |
D’ieteren Group | | | (8,719 | ) | | | (1,522,740 | ) | | | 0.6 | |
| | | | | | | | | | | | |
| | | |
Brazil | | | | | | | | | |
Banco BTG Pactual SA | | | (121,806 | ) | | | (876,050 | ) | | | 0.3 | |
BRF SA | | | (289,513 | ) | | | (597,546 | ) | | | 0.2 | |
Cia Siderurgica Nacional SA | | | (210,094 | ) | | | (614,898 | ) | | | 0.2 | |
Equatorial Energia SA | | | (162,693 | ) | | | (1,153,946 | ) | | | 0.4 | |
Hapvida Participacoes e Investimentos S/A | | | (8,266,433 | ) | | | (8,390,987 | ) | | | 3.1 | |
Localiza Rent a Car SA, (Expires 05/18/23, Strike Price BRL 41.15) | | | (366,313 | ) | | | (5,207,203 | ) | | | 1.9 | |
MercadoLibre, Inc. | | | (33 | ) | | | (40,856 | ) | | | 0.0 | |
| | | | | | | | | | | | |
| | | | | | | (16,881,486 | ) | | | | |
| | | |
Canada | | | | | | | | | |
Great-West Lifeco, Inc. | | | (33,201 | ) | | | (1,001,330 | ) | | | 0.3 | |
Intact Financial Corp. | | | (35,138 | ) | | | (5,191,092 | ) | | | 1.9 | |
Power Corp. of Canada | | | (114,978 | ) | | | (3,257,557 | ) | | | 1.2 | |
Restaurant Brands International, Inc. | | | (25,026 | ) | | | (1,915,880 | ) | | | 0.7 | |
| | | | | | | | | | | | |
| | | | | | | (11,365,859 | ) | | | | |
| | | |
China | | | | | | | | | |
China Southern Airlines Co. Ltd., Class H | | | (2,608,000 | ) | | | (1,634,637 | ) | | | 0.6 | |
Country Garden Holdings Co. Ltd. | | | (9,751,230 | ) | | | (2,003,301 | ) | | | 0.7 | |
Flat Glass Group Co. Ltd. | | | (197,000 | ) | | | (589,675 | ) | | | 0.2 | |
Fuyao Glass Industry Group Co. Ltd., Class H | | | (113,600 | ) | | | (506,226 | ) | | | 0.2 | |
Li Ning Co. Ltd. | | | (551,500 | ) | | | (3,362,180 | ) | | | 1.2 | |
PICC Property & Casualty Co. Ltd. | | | (1,912,000 | ) | | | (2,242,629 | ) | | | 0.8 | |
Shandong Gold Mining Co. Ltd., Class H | | | (956,250 | ) | | | (1,909,812 | ) | | | 0.7 | |
Xiaomi Corp., Class B | | | (4,636,400 | ) | | | (7,375,961 | ) | | | 2.6 | |
XPeng, Inc., Class A | | | (50,600 | ) | | | (539,747 | ) | | | 0.2 | |
Zhuzhou CRRC Times Electric Co. Ltd. | | | (328,100 | ) | | | (1,307,998 | ) | | | 0.5 | |
| | | | | | | | | | | | |
| | | | | | | (21,472,166 | ) | | | | |
| | | |
Finland | | | | | | | | | |
Metso Oyj | | | (125,745 | ) | | | (1,428,975 | ) | | | 0.5 | |
| | | | | | | | | | | | |
| | | |
France | | | | | | | | | |
Sartorius Stedim Biotech | | | (13,341 | ) | | | (4,174,017 | ) | | | 1.5 | |
| | | | | | | | | | | | |
| | | |
Germany | | | | | | | | | |
HelloFresh SE | | | (38,249 | ) | | | (1,090,674 | ) | | | 0.4 | |
HOCHTIEF AG | | | (13,219 | ) | | | (1,302,138 | ) | | | 0.5 | |
Talanx AG | | | (18,319 | ) | | | (1,121,853 | ) | | | 0.4 | |
| | | | | | | | | | | | |
| | | | | | | (3,514,665 | ) | | | | |
| | | |
Hong Kong | | | | | | | | | |
Sino Biopharmaceutical Ltd. | | | (1,876,000 | ) | | | (850,836 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | |
Italy | | | | | | | | | |
Telecom Italia SpA | | | (2,021,722 | ) | | | (582,805 | ) | | | 0.2 | |
| | | | | | | | | | | | |
| | | |
Japan | | | | | | | | | |
Advantest Corp. | | | (16,200 | ) | | | (2,240,619 | ) | | | 0.8 | |
Fujitsu General Ltd. | | | (30,400 | ) | | | (634,902 | ) | | | 0.2 | |
Lasertec Corp. | | | (1,200 | ) | | | (181,658 | ) | | | 0.1 | |
Mercari, Inc. | | | (44,100 | ) | | | (1,117,156 | ) | | | 0.4 | |
Mitsui Fudosan Co. Ltd. | | | (51,100 | ) | | | (1,049,846 | ) | | | 0.4 | |
Olympus Corp. | | | (218,100 | ) | | | (3,558,722 | ) | | | 1.3 | |
Park24 Co. Ltd. | | | (44,800 | ) | | | (591,027 | ) | | | 0.2 | |
44
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| | | |
Japan (continued) | | | | | | | | | |
Rakuten Group, Inc. | | | (1,777,300 | ) | | $ | (6,961,262 | ) | | | 2.5 | % |
RENOVA, Inc. | | | (79,400 | ) | | | (838,648 | ) | | | 0.3 | |
SBI Holdings, Inc. | | | (93,800 | ) | | | (1,980,802 | ) | | | 0.7 | |
SHIFT, Inc. | | | (2,400 | ) | | | (567,738 | ) | | | 0.2 | |
SoftBank Group Corp. | | | (23,900 | ) | | | (1,215,611 | ) | | | 0.4 | |
Square Enix Holdings Co. Ltd. | | | (52,600 | ) | | | (2,436,393 | ) | | | 0.9 | |
SUMCO Corp. | | | (66,900 | ) | | | (974,861 | ) | | | 0.4 | |
Sumitomo Corp. | | | (26,300 | ) | | | (564,211 | ) | | | 0.2 | |
| | | | | | | | | | | | |
| | | | | | | (24,913,456 | ) | | | | |
| | | |
Luxembourg | | | | | | | | | |
Reinet Investments SCA | | | (34,487 | ) | | | (835,479 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | |
Macau | | | | | | | | | |
Sands China Ltd. | | | (246,800 | ) | | | (950,800 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | |
Netherlands | | | | | | | | | |
BE Semiconductor Industries NV | | | (5,751 | ) | | | (686,661 | ) | | | 0.2 | |
Koninklijke Philips NV | | | (48,117 | ) | | | (999,565 | ) | | | 0.4 | |
| | | | | | | | | | | | |
| | | | | | | (1,686,226 | ) | | | | |
| | | |
Norway | | | | | | | | | |
Nordic Semiconductor ASA | | | (16,763 | ) | | | (246,866 | ) | | | 0.1 | |
| | | | | | | | | | | | |
| | | |
Poland | | | | | | | | | |
Bank Pekao SA | | | (33,088 | ) | | | (977,018 | ) | | | 0.3 | |
InPost SA | | | (263,030 | ) | | | (3,143,159 | ) | | | 1.1 | |
ORLEN SA | | | (55,895 | ) | | | (996,248 | ) | | | 0.4 | |
| | | | | | | | | | | | |
| | | | | | | (5,116,425 | ) | | | | |
| | | |
Singapore | | | | | | | | | |
Sea Ltd., ADR | | | (90,146 | ) | | | (5,996,512 | ) | | | 2.2 | |
| | | | | | | | | | | | |
| | | |
South Korea | | | | | | | | | |
Delivery Hero SE | | | (43,631 | ) | | | (1,980,399 | ) | | | 0.7 | |
Kakao Corp. | | | (28,867 | ) | | | (1,162,097 | ) | | | 0.4 | |
LG Electronics, Inc. | | | (8,698 | ) | | | (740,386 | ) | | | 0.3 | |
Lotte Energy Materials Corp. | | | (21,236 | ) | | | (913,612 | ) | | | 0.3 | |
POSCO Future M Co. Ltd. | | | (18,059 | ) | | | (7,471,215 | ) | | | 2.7 | |
SK Innovation Co. Ltd. | | | (8,337 | ) | | | (1,414,114 | ) | | | 0.5 | |
SK, Inc. | | | (8,134 | ) | | | (974,975 | ) | | | 0.4 | |
SKC Co. Ltd. | | | (1,173 | ) | | | (91,314 | ) | | | 0.0 | |
| | | | | | | | | | | | |
| | | | | | | (14,748,112 | ) | | | | |
| | | |
Spain | | | | | | | | | |
CaixaBank SA | | | (284,105 | ) | | | (1,149,262 | ) | | | 0.4 | |
| | | | | | | | | | | | |
| | | |
Sweden | | | | | | | | | |
Securitas AB, B Shares | | | (82,576 | ) | | | (702,868 | ) | | | 0.3 | |
| | | | | | | | | | | | |
| | | |
Switzerland | | | | | | | | | |
Bachem Holding AG | | | (46,475 | ) | | | (4,292,948 | ) | | | 1.6 | |
Cie Financiere Richemont SA | | | (5,181 | ) | | | (834,311 | ) | | | 0.3 | |
Tecan Group AG, Registered Shares | | | (9,384 | ) | | | (3,734,187 | ) | | | 1.4 | |
UBS Group AG, Registered Shares | | | (354,606 | ) | | | (7,868,307 | ) | | | 2.8 | |
Zurich Insurance Group AG | | | (2,530 | ) | | | (1,223,251 | ) | | | 0.4 | |
| | | | | | | | | | | | |
| | | | | | | (17,953,004 | ) | | | | |
| | | |
Taiwan | | | | | | | | | |
Powerchip Semiconductor Manufacturing Corp. | | | (41,000 | ) | | | (39,190 | ) | | | 0.0 | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| | | |
United Kingdom | | | | | | | | | |
Centrica PLC | | | (1,014,996 | ) | | $ | (1,798,725 | ) | | | 0.7 | % |
Ocado Group PLC | | | (532,102 | ) | | | (6,405,746 | ) | | | 2.3 | |
| | | | | | | | | | | | |
| | | | | | | (8,204,471 | ) | | | | |
| | | |
United States | | | | | | | | | |
Air Transport Services Group, Inc. | | | (24,125 | ) | | | (486,360 | ) | | | 0.2 | |
Airbnb, Inc., Class A | | | (4,917 | ) | | | (748,318 | ) | | | 0.3 | |
Align Technology, Inc., Class A | | | (1,524 | ) | | | (575,904 | ) | | | 0.2 | |
Bank of America Corp. | | | (34,646 | ) | | | (1,108,672 | ) | | | 0.4 | |
Bank of Hawaii Corp. | | | (26,986 | ) | | | (1,541,710 | ) | | | 0.6 | |
BankUnited, Inc. | | | (55,128 | ) | | | (1,645,020 | ) | | | 0.6 | |
Banner Corp. | | | (20,140 | ) | | | (958,865 | ) | | | 0.3 | |
Block, Inc. | | | (8,087 | ) | | | (651,246 | ) | | | 0.2 | |
Boeing Co. | | | (2,357 | ) | | | (562,969 | ) | | | 0.2 | |
Boston Properties, Inc. | | | (113,442 | ) | | | (7,558,640 | ) | | | 2.7 | |
Brandywine Realty Trust | | | (5,149 | ) | | | (26,002 | ) | | | 0.0 | |
Broadridge Financial Solutions, Inc. | | | (21,256 | ) | | | (3,569,307 | ) | | | 1.3 | |
Capital One Financial Corp. | | | (6,726 | ) | | | (787,077 | ) | | | 0.3 | |
Charles River Laboratories International, Inc. | | | (32,687 | ) | | | (6,849,234 | ) | | | 2.5 | |
Charles Schwab Corp. | | | (38,495 | ) | | | (2,544,519 | ) | | | 0.9 | |
Church & Dwight Co., Inc. | | | (48,312 | ) | | | (4,622,009 | ) | | | 1.7 | |
Community Bank System, Inc. | | | (40,591 | ) | | | (2,185,014 | ) | | | 0.8 | |
CoStar Group, Inc. | | | (8,642 | ) | | | (725,669 | ) | | | 0.3 | |
Cullen/Frost Bankers, Inc. | | | (10,878 | ) | | | (1,181,133 | ) | | | 0.4 | |
Darden Restaurants, Inc. | | | (5,913 | ) | | | (998,824 | ) | | | 0.4 | |
Dollar General Corp. | | | (124 | ) | | | (20,939 | ) | | | 0.0 | |
Enphase Energy, Inc. | | | (2,276 | ) | | | (345,565 | ) | | | 0.1 | |
EPAM Systems, Inc. | | | (6,672 | ) | | | (1,579,996 | ) | | | 0.6 | |
Equifax, Inc. | | | (6,984 | ) | | | (1,425,295 | ) | | | 0.5 | |
FB Financial Corp. | | | (35,861 | ) | | | (1,270,197 | ) | | | 0.5 | |
Fiserv, Inc. | | | (11,236 | ) | | | (1,418,096 | ) | | | 0.5 | |
Frontier Communications Parent, Inc. | | | (31,431 | ) | | | (572,358 | ) | | | 0.2 | |
Generac Holdings, Inc. | | | (2,865 | ) | | | (440,350 | ) | | | 0.2 | |
General Electric Co. | | | (6,644 | ) | | | (759,011 | ) | | | 0.3 | |
Glacier Bancorp, Inc. | | | (32,634 | ) | | | (1,067,132 | ) | | | 0.4 | |
Hope Bancorp, Inc. | | | (67,864 | ) | | | (737,003 | ) | | | 0.3 | |
Huntington Bancshares, Inc./OH | | | (190,689 | ) | | | (2,334,033 | ) | | | 0.8 | |
Independent Bank Group, Inc. | | | (27,146 | ) | | | (1,218,041 | ) | | | 0.4 | |
International Business Machines Corp. | | | (10,871 | ) | | | (1,567,381 | ) | | | 0.6 | |
Iron Mountain, Inc. | | | (45,150 | ) | | | (2,772,210 | ) | | | 1.0 | |
James Hardie Industries PLC, CDI | | | (38,678 | ) | | | (1,133,532 | ) | | | 0.4 | |
KKR & Co., Inc. | | | (28,573 | ) | | | (1,696,665 | ) | | | 0.6 | |
Lamb Weston Holdings, Inc. | | | (21,086 | ) | | | (2,185,142 | ) | | | 0.8 | |
Martin Marietta Materials, Inc. | | | (1,476 | ) | | | (658,975 | ) | | | 0.2 | |
Newell Brands, Inc. | | | (75,578 | ) | | | (843,450 | ) | | | 0.3 | |
OceanFirst Financial Corp. | | | (34,415 | ) | | | (641,151 | ) | | | 0.2 | |
Old Dominion Freight Line, Inc. | | | (6,039 | ) | | | (2,533,300 | ) | | | 0.9 | |
ON Semiconductor Corp. | | | (6,339 | ) | | | (683,027 | ) | | | 0.3 | |
Oracle Corp. | | | (7,589 | ) | | | (889,658 | ) | | | 0.3 | |
Pacific Premier Bancorp, Inc. | | | (51,058 | ) | | | (1,304,021 | ) | | | 0.5 | |
PayPal Holdings, Inc. | | | (8,006 | ) | | | (607,015 | ) | | | 0.2 | |
Pool Corp. | | | (1,991 | ) | | | (766,017 | ) | | | 0.3 | |
Prosperity Bancshares, Inc. | | | (15,210 | ) | | | (963,097 | ) | | | 0.4 | |
QUALCOMM, Inc. | | | (7,599 | ) | | | (1,004,360 | ) | | | 0.4 | |
Ralph Lauren Corp., Class A | | | (7,051 | ) | | | (926,008 | ) | | | 0.3 | |
Raymond James Financial, Inc. | | | (31,381 | ) | | | (3,454,107 | ) | | | 1.2 | |
Republic Services, Inc., Class A | | | (12,215 | ) | | | (1,845,809 | ) | | | 0.7 | |
Revvity, Inc. | | | (23,089 | ) | | | (2,838,793 | ) | | | 1.0 | |
Sabre Corp. | | | (28,138 | ) | | | (115,366 | ) | | | 0.0 | |
45
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| | | |
United States (continued) | | | | | | | | | |
Simmons First National Corp., Class A | | | (56,230 | ) | | $ | (1,135,284 | ) | | | 0.4 | % |
Simon Property Group, Inc. | | | (7,173 | ) | | | (893,756 | ) | | | 0.3 | |
STERIS PLC | | | (23,785 | ) | | | (5,364,707 | ) | | | 1.9 | |
Targa Resources Corp. | | | (20,603 | ) | | | (1,689,240 | ) | | | 0.6 | |
Truist Financial Corp. | | | (65,713 | ) | | | (2,182,986 | ) | | | 0.8 | |
Tyson Foods, Inc., Class A | | | (11,866 | ) | | | (661,174 | ) | | | 0.2 | |
UMB Financial Corp. | | | (16,399 | ) | | | (1,164,329 | ) | | | 0.4 | |
Valley National Bancorp | | | (133,079 | ) | | | (1,365,391 | ) | | | 0.5 | |
Washington Federal, Inc. | | | (35,801 | ) | | | (1,111,263 | ) | | | 0.4 | |
Western Alliance Bancorp | | | (75,728 | ) | | | (3,934,070 | ) | | | 1.4 | |
Xerox Holdings Corp. | | | (15,307 | ) | | | (244,606 | ) | | | 0.1 | |
Zions Bancorp NA | | | (12,548 | ) | | | (479,961 | ) | | | 0.2 | |
| | | | | | | | | | | | |
| | | |
| | | | | | | (102,170,359 | ) | | | | |
| | | | | | | | | | | | |
| | | | | | | | | | | | |
Security | | Shares | | | Value | | | % of Basket Value | |
| | | |
United States (continued) | | | | | | | | | |
| | | |
Preferred Stocks | | | | | | | | | |
| | | |
Brazil | | | | | | | | | |
Alpargatas SA | | | (371,105 | ) | | $ | (755,747 | ) | | | 0.3 | % |
| | | | | | | | | | | | |
| | | |
Germany | | | | | | | | | |
Sartorius AG | | | (13,860 | ) | | | (5,718,350 | ) | | | 2.0 | |
| | | | | | | | | | | | |
| | |
Net Value of Reference Entity — JPMorgan Chase Bank N.A. | | | $ | (277,116,035 | ) | | | | |
| | | | | | | | | | | | |
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
| • | | Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access; |
| • | | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and |
| • | | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments). |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
Certain investments of the Fund were fair valued using net asset value (“NAV”) as a practical expedient as no quoted market value is available and therefore have been excluded from the fair value hierarchy.
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Consolidated Schedule of Investments above.
| | | | | | | | | | | | | | | | |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Assets | | | | | | | | | | | | | | | | |
Investments | | | | | | | | | | | | | | | | |
Long-Term Investments | | | | | | | | | | | | | | | | |
Asset-Backed Securities | | $ | — | | | | $ 185,211,676 | | | | $ 23,450,741 | | | | $ 208,662,417 | |
Common Stocks | | | | | | | | | | | | | | | | |
| | | | |
Argentina | | | 1,333,380 | | | | — | | | | — | | | | 1,333,380 | |
Australia | | | — | | | | 77,342,547 | | | | 294 | | | | 77,342,841 | |
Belgium | | | — | | | | 6,086,901 | | | | — | | | | 6,086,901 | |
Brazil | | | 21,094,460 | | | | — | | | | — | | | | 21,094,460 | |
Canada | | | 242,248,418 | | | | — | | | | — | | | | 242,248,418 | |
Cayman Islands | | | 1,118,171 | | | | — | | | | — | | | | 1,118,171 | |
China | | | 30,806,791 | | | | 247,052,000 | | | | — | | | | 277,858,791 | |
Denmark | | | — | | | | 45,089,469 | | | | — | | | | 45,089,469 | |
Finland | | | — | | | | 6,842,216 | | | | — | | | | 6,842,216 | |
46
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Fair Value Hierarchy as of Period End (continued)
| | | | | | | | | | | | | | | | |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Common Stocks (continued) | | | | | | | | | | | | | | | | |
France | | $ | — | | | $ | 566,755,920 | | | $ | — | | | $ | 566,755,920 | |
Germany | | | 8,852,115 | | | | 386,794,419 | | | | — | | | | 395,646,534 | |
Hong Kong | | | — | | | | 54,909,496 | | | | — | | | | 54,909,496 | |
India | | | — | | | | 9,522,351 | | | | 4,349,827 | | | | 13,872,178 | |
Indonesia | | | — | | | | 2,829,146 | | | | — | | | | 2,829,146 | |
Ireland | | | 24,629,410 | | | | 3,055,048 | | | | — | | | | 27,684,458 | |
Israel | | | 50,527,040 | | | | — | | | | — | | | | 50,527,040 | |
Italy | | | — | | | | 87,022,233 | | | | — | | | | 87,022,233 | |
Japan | | | — | | | | 686,370,181 | | | | — | | | | 686,370,181 | |
Jordan | | | — | | | | 862,497 | | | | — | | | | 862,497 | |
Mexico | | | 16,398,965 | | | | — | | | | — | | | | 16,398,965 | |
Netherlands | | | 40,330,056 | | | | 412,000,246 | | | | — | | | | 452,330,302 | |
Norway | | | — | | | | 11,317,001 | | | | — | | | | 11,317,001 | |
Peru | | | 4,674,947 | | | | — | | | | — | | | | 4,674,947 | |
Saudi Arabia | | | — | | | | 3,792,651 | | | | — | | | | 3,792,651 | |
Singapore | | | — | | | | 11,999,954 | | | | — | | | | 11,999,954 | |
South Africa | | | 2,130,080 | | | | 5,719,364 | | | | — | | | | 7,849,444 | |
South Korea | | | — | | | | 81,300,343 | | | | — | | | | 81,300,343 | |
Spain | | | — | | | | 98,242,008 | | | | — | | | | 98,242,008 | |
Sweden | | | — | | | | 38,372,027 | | | | — | | | | 38,372,027 | |
Switzerland | | | 51,767,318 | | | | 336,032,335 | | | | — | | | | 387,799,653 | |
Taiwan | | | — | | | | 82,289,493 | | | | — | | | | 82,289,493 | |
United Arab Emirates | | | —— | | | | | | | | 29 | | | | 29 | |
United Kingdom | | | 27,181,457 | | | | 399,943,469 | | | | 3,618,715 | | | | 430,743,641 | |
United States | | | 6,303,441,821 | | | | 53,931,402 | | | | 104,922,924 | | | | 6,462,296,147 | |
Corporate Bonds | | | — | | | | 1,533,440,472 | | | | 368,344,227 | | | | 1,901,784,699 | |
Fixed Rate Loan Interests | | | — | | | | — | | | | 21,230,906 | | | | 21,230,906 | |
Fixed-Income Funds | | | 71,270,084 | | | | — | | | | — | | | | 71,270,084 | |
Floating Rate Loan Interests | | | — | | | | 337,927,690 | | | | 343,986,172 | | | | 681,913,862 | |
Foreign Agency Obligations | | | — | | | | 1,295,792,900 | | | | — | | | | 1,295,792,900 | |
Investment Companies | | | 469,789,172 | | �� | | — | | | | — | | | | 469,789,172 | |
Non-Agency Mortgage-Backed Securities | | | — | | | | 585,528,739 | | | | 43,994,646 | | | | 629,523,385 | |
Other Interests | | | — | | | | — | | | | 21,173,248 | | | | 21,173,248 | |
Preferred Securities | | | | | | | | | | | | | | | | |
Capital Trusts | | | — | | | | 5,089,506 | | | | — | | | | 5,089,506 | |
Preferred Stocks | | | | | | | | | | | | | | | | |
Brazil | | | 5,307,573 | | | | — | | | | 21,220,368 | | | | 26,527,941 | |
Germany | | | — | | | | 26,122,238 | | | | 27,379,500 | | | | 53,501,738 | |
United States | | | — | | | | — | | | | 306,025,001 | | | | 306,025,001 | |
India | | | — | | | | — | | | | 3,077,579 | | | | 3,077,579 | |
Israel | | | — | | | | — | | | | 24,432,839 | | | | 24,432,839 | |
United Kingdom | | | — | | | | — | | | | 9,036,577 | | | | 9,036,577 | |
China | | | — | | | | — | | | | 55,521,292 | | | | 55,521,292 | |
Sweden | | | — | | | | — | | | | 4,426,854 | | | | 4,426,854 | |
Finland | | | — | | | | — | | | | 7,970,629 | | | | 7,970,629 | |
Trust Preferreds | | | 25,128,563 | | | | — | | | | — | | | | 25,128,563 | |
U.S. Government Sponsored Agency Securities | | | — | | | | 860,820,421 | | | | — | | | | 860,820,421 | |
U.S. Treasury Obligations | | | — | | | | 285,462,333 | | | | — | | | | 285,462,333 | |
Warrants | | | | | | | | | | | | | | | | |
Cayman Islands | | | 74,378 | | | | — | | | | — | | | | 74,378 | |
Israel | | | 3,940 | | | | — | | | | 651,661 | | | | 655,601 | |
Switzerland | | | 5,734 | | | | — | | | | — | | | | 5,734 | |
United States | | | 199,268 | | | | 28,143,340 | | | | 2,421,912 | | | | 30,764,520 | |
Short-Term Securities | | | | | | | | | | | | | | | | |
Certificates of Deposit | | | — | | | | 29,512,534 | | | | — | | | | 29,512,534 | |
Commercial Paper | | | — | | | | 98,445,370 | | | | — | | | | 98,445,370 | |
Money Market Funds | | | 657,199,121 | | | | — | | | | — | | | | 657,199,121 | |
Time Deposits | | | — | | | | 27,959,013 | | | | — | | | | 27,959,013 | |
U.S. Treasury Obligations | | | — | | | | 405,358,887 | | | | — | | | | 405,358,887 | |
Options Purchased | | | | | | | | | | | | | | | | |
Credit Contracts | | | — | | | | 91,355 | | | | — | | | | 91,355 | |
47
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
Fair Value Hierarchy as of Period End (continued)
| | | | | | | | | | | | | | | | |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Equity Contracts | | $ | 77,867,957 | | | $ | 790,991 | | | $ | — | | | $ | 78,658,948 | |
Foreign Currency Exchange Contracts | | | — | | | | 2,801,002 | | | | — | | | | 2,801,002 | |
Interest Rate Contracts | | | 28,164 | | | | 6,785,511 | | | | — | | | | 6,813,675 | |
Liabilities | | | | | | | | | | | | | | | | |
Investments | | | | | | | | | | | | | | | | |
Investments Sold Short | | | | | | | | | | | | | | | | |
Common Stocks | | | | | | | | | | | | | | | | |
France | | | — | | | | (6,908,035 | ) | | | — | | | | (6,908,035 | ) |
United States | | | (44,281,002 | ) | | | — | | | | — | | | | (44,281,002 | ) |
TBA Sale Commitments | | | — | | | | (352,495,301 | ) | | | — | | | | (352,495,301 | ) |
Unfunded Floating Rate Loan Interests(a) | | | — | | | | — | | | | (36,960 | ) | | | (36,960 | ) |
| | | | | | | | | | | | | | | | |
| | | | |
| | $ | 8,089,127,381 | | | $ | 9,071,355,359 | | | $ | 1,397,198,981 | | | | 18,557,681,721 | |
| | | | | | | | | | | | | | | | |
Investments Valued at NAV(b) | | | | | | | | | | | | | | | 311,422,583 | |
| | | | | | | | | | | | | | | | |
| | | | |
| | | | | | | | | | | | | | $ | 18,869,104,304 | |
| | | | | | | | | | | | | | | | |
Derivative Financial Instruments(c) | | | | | | | | | | | | |
Assets | | | | | | | | | | | | | | | | |
Commodity Contracts | | $ | 31,723 | | | $ | — | | | $ | — | | | $ | 31,723 | |
Credit Contracts | | | — | | | | 5,554,722 | | | | — | | | | 5,554,722 | |
Equity Contracts | | | 14,374,410 | | | | 727,979 | | | | — | | | | 15,102,389 | |
Foreign Currency Exchange Contracts | | | — | | | | 63,539,092 | | | | — | | | | 63,539,092 | |
Interest Rate Contracts | | | 86,198,771 | | | | 304,091,781 | | | | — | | | | 390,290,552 | |
Liabilities | | | | | | | | | | | | | | | | |
Credit Contracts | | | — | | | | (5,557,006 | ) | | | — | | | | (5,557,006 | ) |
Equity Contracts | | | (55,222,080 | ) | | | (27,158,341 | ) | | | — | | | | (82,380,421 | ) |
Foreign Currency Exchange Contracts | | | — | | | | (68,233,426 | ) | | | — | | | | (68,233,426 | ) |
Interest Rate Contracts | | | (33,389,684 | ) | | | (433,134,309 | ) | | | — | | | | (466,523,993 | ) |
Other Contracts | | | — | | | | (418,373 | ) | | | — | | | | (418,373 | ) |
| | | | | | | | | | | | | | | | |
| | | | |
| | $ | 11,993,140 | | | $ | (160,587,881 | ) | | $ | — | | | $ | (148,594,741 | ) |
| | | | | | | | | | | | | | | | |
| (a) | Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment. | |
| (b) | Certain investments of the Fund were fair valued using NAV as a practical expedient as no quoted market value is available and therefore have been excluded from the fair value hierarchy. | |
| (c) | Derivative financial instruments are swaps, futures contracts, forward foreign currency exchange contracts and options written. Swaps, futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument and options written are shown at value. | |
A reconciliation of Level 3 financial instruments is presented when the Fund had a significant amount of Level 3 investments and derivative financial instruments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| |
| | Asset-Backed Securities | | | Common Stocks | | | Corporate Bonds | | | Fixed Rate Loan Interests | | | Floating Rate Loan Interests | | | Non-Agency Mortgage-Backed Securities | | | Options Purchased | |
| |
| | | | | | | |
Assets/Liabilities | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Opening balance, as of April 30, 2023 | | $ | 23,518,416 | | | $ | 108,680,577 | | | $ | 355,755,393 | | | $ | — | | | $ | 323,229,958 | | | $ | 33,404,992 | | | $ | 37,127 | |
Transfers into Level 3 | | | — | | | | — | | | | — | | | | — | | | | 24,599,166 | | | | 11,651,776 | | | | — | |
Transfers out of Level 3 | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | | | | — | |
Other(a) | | | — | | | | — | | | | — | | | | 21,073,972 | | | | (21,073,972 | ) | | | — | | | | — | |
Accrued discounts/premiums | | | — | | | | — | | | | 56,885 | | | | 52,558 | | | | 154,934 | | | | 59,908 | | | | — | |
Net realized gain (loss) | | | — | | | | — | | | | — | | | | — | | | | (28,486 | ) | | | — | | | | (1,566,686 | ) |
Net change in unrealized appreciation (depreciation)(b) | | | (67,675 | ) | | | (7,057,042 | ) | | | (36,784,963 | ) | | | 104,376 | | | | 1,200,569 | | | | (1,122,030 | ) | | | 1,529,559 | |
Purchases | | | — | | | | 11,268,254 | | | | 51,923,813 | | | | — | | | | 17,101,427 | | | | — | | | | — | |
Sales | | | — | | | | — | | | | (2,606,901 | ) | | | — | | | | (1,197,424 | ) | | | — | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Closing balance, as of July 31, 2023 | | $ | 23,450,741 | | | $ | 112,891,789 | | | $ | 368,344,227 | | | $ | 21,230,906 | | | $ | 343,986,172 | | | $ | 43,994,646 | | | $ | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on investments still held at July 31, 2023(b) | | $ | (67,675 | ) | | $ | (7,057,042 | ) | | $ | (36,671,867 | ) | | $ | 104,376 | | | $ | 1,200,569 | | | $ | (1,122,030 | ) | | $ | — | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
48
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
| | | | | | | | | | | | | | | | | | | | |
| | Other Interests | | | Preferred Stocks | | | Unfunded Floating Rate Loan Interests | | | Warrants | | | Total | |
Assets | | | | | | | | | | | | | | | | | | | | |
Opening balance, as of April 30, 2023 | | $ | 23,671,478 | | | $ | 441,496,302 | | | $ | (180,511 | ) | | $ | 2,251,329 | | | $ | 1,311,865,061 | |
Transfers into Level 3 | | | — | | | | — | | | | — | | | | — | | | | 36,250,942 | |
Transfers out of Level 3 | | | — | | | | — | | | | — | | | | — | | | | — | |
Other(a) | | | — | | | | — | | | | — | | | | — | | | | — | |
Accrued discounts/premiums | | | — | | | | — | | | | — | | | | — | | | | 324,285 | |
Net realized gain (loss) | | | — | | | | — | | | | — | | | | (491,265 | ) | | | (2,086,437 | ) |
Net change in unrealized appreciation (depreciation)(b) | | | (2,498,230 | ) | | | 13,047,627 | | | | 143,551 | | | | 1,347,444 | | | | (30,156,814 | ) |
Purchases | | | — | | | | 4,546,710 | | | | — | | | | 9 | | | | 84,840,213 | |
Sales | | | — | | | | — | | | | — | | | | (33,944 | ) | | | (3,838,269 | ) |
| | | | | | | | | | | | | | | | | | | | |
Closing balance, as of July 31, 2023 | | $ | 21,173,248 | | | $ | 459,090,639 | | | $ | (36,960 | ) | | $ | 3,073,573 | | | $ | 1,397,198,981 | |
| | | | | | | | | | | | | | | | | | | | |
Net change in unrealized appreciation (depreciation) on investments still held at July 31, 2023(b) | | $ | (2,498,230 | ) | | $ | 13,047,627 | | | $ | (2,679 | ) | | $ | 856,179 | | | $ | (32,210,772 | ) |
| | | | | | | | | | | | | | | | | | | | |
| (a) | Certain Level 3 investments were re-classified between Fixed Rate Loan Interests and Floating Rate Loan Interests. | |
| (b) | Any difference between net change in unrealized appreciation (depreciation) and net change in unrealized appreciation (depreciation) on investments still held at July 31, 2023 is generally due to investments no longer held or categorized as Level 3 at period end. | |
The following table summarizes the valuation approaches used and unobservable inputs utilized by the BlackRock Valuation Committee (the “Valuation Committee”) to determine the value of certain of the Fund’s Level 3 financial instruments as of period end. The table does not include Level 3 financial instruments with values based upon unadjusted third-party pricing information in the amount of $122,094,085. A significant change in third party information could result in a significantly lower or higher value of such Level 3 financial instruments.
| | | | | | | | | | | | | | | | | | | | | | |
| | | Value | | | | | | | Valuation Approach | | Unobservable Inputs | | Range of Unobservable Inputs Utilized(a) | | | | | |
| Weighted Average of Unobservable Inputs Based on Fair Value | |
| | | | | | | |
Assets | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | |
Common Stocks | | $ | 106,613,318 | | | | | | | Market | | Revenue Multiple | | 1.70x - 20.00x | | | | | | | 4.33x | |
| | | | | | | | | | | | Time to Exit | | 1.3 - 1.5 years | | | | | | | 1.4 years | |
| | | | | | | | | | | | Volatility | | 51% - 58% | | | | | | | 55% | |
| | | | | | | | | | | | Gross Profit Multiple | | 18.75x | | | | | | | — | |
| | | | | | | | | | Income | | Discount Rate | | 10% - 16% | | | | | | | 12% | |
| | | | | | | |
Asset Backed Securities | | | 23,450,741 | | | | | | | Income | | Discount Rate | | 9% | | | | | | | — | |
| | | | | | | |
Non-Agency Mortgage-Backed Securities | | | 10,671,179 | | | | | | | Income | | Credit Spread | | 517 | | | | | | | — | |
| | | | | | | |
Corporate Bonds | | | 296,926,458 | | | | | | | Income | | Discount Rate | | 0% - 35% | | | | | | | 13% | |
| | | | | | | |
Floating Rate Loan Interests | | | 332,891,085 | | | | | | | Income | | Discount Rate | | 0% - 15% | | | | | | | 11% | |
| | | | | | | | | | | | Credit Spread | | 273 - 475 | | | | | | | 387 | |
| | | | | | | |
Fixed Rate Loan Interests | | | 21,230,906 | | | | | | | Income | | Discount Rate | | 13% | | | | | | | — | |
| | | | | | | |
Other Interests | | | 21,173,248 | | | | | | | Income | | Discount Rate | | 9% | | | | | | | — | |
| | | | | | | |
Preferred Stocks | | | 459,090,634 | | | | | | | Income | | Discount Rate | | 13% - 15% | | | | | | | 13% | |
| | | | | | | | | | Market | | Revenue Multiple | | 0.23x - 33.21x | | | | | | | 13.94x | |
| | | | | | | | | | | | EBITDAR Multiple | | 8.00x | | | | | | | — | |
| | | | | | | | | | | | Time to Exit | | 1.5 - 5.0 years | | | | | | | 3.0 years | |
| | | | | | | | | | | | Volatility | | 49% - 80% | | | | | | | 62% | |
| | | | | | | | | | | | Gross Profit Multiple | | 8.00x - 33.75x | | | | | | | 24.21x | |
| | | | | | | | | | | | Market Adjustment Multiple | | 1.20x | | | | | | | — | |
| | | | | | | |
Warrants | | | 3,057,327 | | | | | | | Market | | Revenue Multiple | | 3.75x - 33.21x | | | | | | | 15.83x | |
| | | | | | | | | | | | Time to Exit | | 0.2 - 4.3 years | | | | | | | 3.5 years | |
49
| | |
Consolidated Schedule of Investments (unaudited) (continued) July 31, 2023 | | BlackRock Global Allocation Fund, Inc. |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | Value | | | | | | |
| Valuation Approach | | |
| Unobservable Inputs | | |
| Range of Unobservable Inputs Utilized | (a) | | | | | |
| Weighted Average of Unobservable Inputs Based on Fair Value | |
| | | | | | | | | | | | | | | Volatility | | | | 45% - 65% | | | | | | | | 64% | |
| | | | | | | | | | | Income | | | | Discount | | | | 26% - 35% | | | | | | | | 29% | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | $ | 1,275,104,896 | | | | | | | | | | | | | | | | | | | | | | | | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| (a) | A significant change in unobservable input would have resulted in a correlated (inverse) significant change to value. | |
| | |
Currency Abbreviation |
| |
AUD | | Australian Dollar |
| |
BRL | | Brazilian Real |
| |
CAD | | Canadian Dollar |
| |
CHF | | Swiss Franc |
| |
CNH | | Chinese Yuan |
| |
COP | | Colombian Peso |
| |
CZK | | Czech Koruna |
| |
DKK | | Danish Krone |
| |
EUR | | Euro |
| |
GBP | | British Pound |
| |
HKD | | Hong Kong Dollar |
| |
HUF | | Hungarian Forint |
| |
IDR | | Indonesian Rupiah |
| |
INR | | Indian Rupee |
| |
JPY | | Japanese Yen |
| |
KRW | | South Korean Won |
| |
MXN | | Mexican Peso |
| |
MYR | | Malaysian Ringgit |
| |
NOK | | Norwegian Krone |
| |
NZD | | New Zealand Dollar |
| |
PLN | | Polish Zloty |
| |
SEK | | Swedish Krona |
| |
SGD | | Singapore Dollar |
| |
THB | | Thai Baht |
| |
TWD | | New Taiwan Dollar |
| |
USD | | United States Dollar |
| |
ZAR | | South African Rand |
|
Portfolio Abbreviation |
| |
ADR | | American Depositary Receipt |
| |
BZDIOVER | | Overnight Brazil Interbank Deposit (CETIP) |
| |
CDI | | CREST Depository Interest |
| |
CLO | | Collateralized Loan Obligation |
| |
CMT | | Constant Maturity Treasury |
| | |
Portfolio Abbreviation (continued) |
| |
DAC | | Designated Activity Company |
| |
ESTR | | Euro Short Term Rate |
| |
ETF | | Exchange-Traded Fund |
| |
EURIBOR | | Euro Interbank Offered Rate |
| |
FTSE | | Financial Times Stock Exchange |
| |
GMTN | | Global Medium-Term Note |
| |
JIBAR | | Johannesburg Interbank Average Rate |
| |
LIBOR | | London Interbank Offered Rate |
| |
LP | | Limited Partnership |
| |
MSCI | | Morgan Stanley Capital International |
| |
MXIBTIIE | | Mexico Interbank TIIE 28-Day |
| |
PCL | | Public Company Limited |
| |
PIK | | Payment-in-Kind |
| |
PJSC | | Public Joint Stock Company |
| |
REMIC | | Real Estate Mortgage Investment Conduit |
| |
S&P | | Standard & Poor’s |
| |
SOFR | | Secured Overnight Financing Rate |
| |
SONIA | | Sterling Overnight Interbank Average Rate |
| |
SPDR | | Standard & Poor’s Depository Receipt |
| |
ST | | Special Tax |
| |
STACR | | Structured Agency Credit Risk |
| |
TBA | | To-Be-Announced |
50