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.
BlackRock Global Allocation R MRLOX
NAV / 1-Day Return
20.53
/
0.77
%
Total Assets
26.1 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.430%
Expense Ratio
1.440%
Fee Level
Average
Longest Manager Tenure
4.17
years
Category
World Allocation
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
Low / ModerateStatus
Open
TTM Yield
0.06%
Turnover
193%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MRLOX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MRLOX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MRLOX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MRLOX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Settling in.
