BlackRock Global Allocation's robust process should benefit from greater integration with its world-class fixed-income capabilities. The new leadership appears to be settling in, but its short tenure at executing the strategy keeps the fund's Morningstar Analyst Rating at Bronze for its cheapest share classes. Its more expensive share classes earn a Neutral rating.
Will MDLOX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MDLOX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the MDLOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of MDLOX’s parent organization’s priorities and whether they’re in line with investors’ interests.