- ISIN
- US09251T5092
- CUSIP
- 09251T509
- Issuer
- BlackRock
- Inception Date
- Feb 2, 1989
- Category
- Global Allocation
- Min. Investment
- $2,000,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
MALOX Performance Chart
BlackRock Global Allocation Fund (MALOX) is up 8.8% since the beginning of the year. MALOX is currently trading at $22 per share. Investors who bought $1,000 worth of MALOX shares 5 years ago would now be looking at an investment worth $1,366.
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Returns By Period
BlackRock Global Allocation Fund (MALOX) has returned 8.77% so far this year and 20.76% over the past 12 months. Over the last ten years, MALOX has returned 8.72% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
BlackRock Global Allocation Fund
- 1D
- 0.59%
- 1M
- 2.35%
- YTD
- 8.77%
- 6M
- 8.72%
- 1Y
- 20.76%
- 3Y*
- 14.30%
- 5Y*
- 6.44%
- 10Y*
- 8.72%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
MALOX Monthly Returns History
Based on dividend-adjusted daily data since Feb 3, 1989, MALOX's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, an investment would double in approximately 7.5 years.
Historically, 64% of months were positive and 36% were negative. The best month was Nov 2020 with a return of +9.7%, while the worst month was Aug 1998 at -12.9%. The longest winning streak lasted 17 consecutive months, and the longest losing streak was 6 months.
On a daily basis, MALOX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +6.2%, while the worst single day was Mar 16, 2020 at -6.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.84% | 1.29% | -6.12% | 6.47% | 3.34% | 1.09% | 8.77% | ||||||
| 2025 | 2.78% | -0.16% | -2.61% | 2.46% | 4.02% | 4.07% | -0.59% | 2.45% | 2.64% | 1.31% | 0.48% | 1.42% | 19.63% |
| 2024 | -0.11% | 2.88% | 2.48% | -3.71% | 3.53% | 1.19% | 1.09% | 2.09% | 1.69% | -2.57% | 3.15% | -2.52% | 9.23% |
| 2023 | 5.23% | -3.54% | 2.31% | 0.81% | -1.03% | 3.19% | 1.92% | -2.38% | -3.69% | -1.47% | 6.76% | 4.52% | 12.63% |
| 2022 | -3.96% | -2.18% | -0.71% | -5.37% | 0.92% | -6.00% | 4.64% | -2.94% | -6.90% | 3.26% | 5.75% | -2.69% | -15.86% |
| 2021 | -0.32% | 1.25% | 0.82% | 3.49% | 1.36% | -0.09% | -0.10% | 1.05% | -3.25% | 2.89% | -2.63% | 2.25% | 6.69% |
Benchmark Metrics
BlackRock Global Allocation Fund has an annualized alpha of 4.65%, beta of 0.45, and R2 of 0.69 versus S&P 500 Index. Calculated based on daily prices since February 03, 1989.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (61.93%) than losses (53.25%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 4.65% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.45 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 4.65%
- Beta
- 0.45
- R²
- 0.69
- Upside Capture
- 61.93%
- Downside Capture
- 53.25%
Expense Ratio
MALOX has an expense ratio of 0.81%, placing it in the medium range.
Return for Risk
Risk / Return Rank
MALOX ranks 53 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for BlackRock Global Allocation Fund (MALOX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MALOX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.01 | ||
| Sortino ratioReturn per unit of downside risk | +0.11 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.47 | 2.78 | -0.31 |
| Martin ratioReturn relative to average drawdown | 10.53 | 12.44 | -1.91 |
Dividends
Dividend History
BlackRock Global Allocation Fund provided a 8.47% dividend yield over the last twelve months, with an annual payout of $1.88 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.88 | $1.88 | $1.44 | $0.28 | $1.00 | $2.16 | $2.20 | $1.10 | $0.96 | $0.95 | $0.38 | $1.77 |
Dividend yield | 8.47% | 9.22% | 7.68% | 1.54% | 6.01% | 10.32% | 10.15% | 5.68% | 5.50% | 4.81% | 2.10% | 9.86% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Global Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $1.88 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.67 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 | $1.44 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.20 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 | $2.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Global Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the BlackRock Global Allocation Fund was 32.83%, occurring on Mar 9, 2009. Recovery took 399 trading sessions.
The current BlackRock Global Allocation Fund drawdown is 0.18%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -32.83%Mar 2009 | 9mo 23d | 1y 7mo | 2y 4moMay 2008 - Oct 2010 |
Dot-com crash2000–2002 | -24.31%Oct 2002 | 1y 4mo | 7mo 28d | 2y 13dMay 2001 - Jun 2003 |
Bear market2022 | -22.76%Oct 2022 | 11mo 9d | 1y 8mo | 2y 7moNov 2021 - Jul 2024 |
COVID crash2020 | -21.59%Mar 2020 | 1mo 2d | 2mo 25d | 3mo 27dFeb 2020 - Jun 2020 |
1998 correction1998 | -19.78%Oct 1998 | 5mo 25d | 6mo 7d | 12mo 2dApr 1998 - Apr 1999 |
Drawdown Indicators
| MALOX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.83% | -56.78% | +23.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.31% | -9.10% | +0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -10.04% | -18.90% | +8.86% |
Max Drawdown (5Y)Largest decline over 5 years | -22.76% | -25.43% | +2.67% |
Max Drawdown (10Y)Largest decline over 10 years | -22.76% | -33.92% | +11.16% |
Current DrawdownCurrent decline from peak | -0.18% | -1.80% | +1.62% |
Average DrawdownAverage peak-to-trough decline | -3.92% | -10.71% | +6.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.95% | 2.03% | -0.08% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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