# BlackRock Global Allocation Fund (MDLOX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/mdlox for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: BlackRock · Asset class: Multi-Asset - Strategy: Thematic · Inception: 1994-10-21 The fund invests in a portfolio of equity, debt and money market securities. Generally, the fund's portfolio will include both equity and debt securities. It may invest up to 35% of its total assets in "junk bonds," corporate loans and distressed securities. The fund may also invest in Real Estate Investment Trusts ("REITs") and securities related to real assets (like real estate- or precious metals-related securities) such as stock, bonds or convertible bonds issued by REITs or companies that mine precious metals. ## Key Facts | Metric | Value | |---|---| | Price | $20.01 | | Expense Ratio | 1.10% | | Assets Under Management | $16.60B | | NAV | $20.01 | | Holdings Count | 1688 | | Distribution Yield (TTM) | 10.76% | | Annual Distribution (TTM) | $2.15 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $19.34 – $21.98 | | Beta | 1.03 | ## Latest Distribution - Amount: $1.2848 /share - Ex-date: 2026-07-22 - Pay date: 2026-07-23 ## Frequently Asked Questions ### What does MDLOX invest in? The fund invests in a portfolio of equity, debt and money market securities. Generally, the fund's portfolio will include both equity and debt securities. It may invest up to 35% of its total assets in "junk bonds," corporate loans and distressed securities. The fund may also invest in Real Estate Investment Trusts ("REITs") and securities related to real assets (like real estate- or precious metals-related securities) such as stock, bonds or convertible bonds issued by REITs or companies that mine precious metals. ### What is the expense ratio of MDLOX? BlackRock Global Allocation Fund (MDLOX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations. ### What is MDLOX's dividend yield? MDLOX's trailing-twelve-month yield is 10.76%, calculated from the sum of dividends over the past year divided by the current price. ### How big is MDLOX? BlackRock Global Allocation Fund (MDLOX) manages $16.60B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is MDLOX actively managed or an index fund? MDLOX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was MDLOX launched? BlackRock Global Allocation Fund (MDLOX) launched in October 1994 and is managed by BlackRock. ### Does MDLOX pay a dividend? Yes, BlackRock Global Allocation Fund (MDLOX) distributes dividends to shareholders. The trailing-twelve-month yield is 10.76%. Full dividend history is on this page. ### How often does MDLOX pay dividends? BlackRock Global Allocation Fund pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is MDLOX's next ex-dividend date? The most recently announced ex-dividend date for MDLOX was 2026-07-22. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will MDLOX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.10% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does MDLOX charge its expense ratio? The expense ratio is deducted in tiny daily slices from MDLOX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does MDLOX cost more than a fund like VOO? MDLOX's strategy (current expense ratio 1.10%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where MDLOX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to MDLOX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as MDLOX (1.10%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/mdlox - Distribution history: https://www.dividenddata.com/funds/mdlox/dividend - Holdings & diversification: https://www.dividenddata.com/funds/mdlox/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/mdlox/expenses - Peer comparison: https://www.dividenddata.com/funds/mdlox/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.