MKLOX Mutual Fund — BlackRock Global Allocation Fund, Inc. Class K

BlackRock Global Allocation Fund, Inc. Class K (MKLOX)

Updated October 16, 2026.

MKLOX is a Mutual Fund. its distribution rate is 10.90%, its trailing-12-month yield is 10.90%, its expense ratio is 0.77%. Dividend Vision Distribution Safety Score™ is 62/100 (Generally safe). Total return is 119.3% over the past 10.4 years, 206.5 points behind SPY at 325.8%.

BlackRock Global Allocation Fund, Inc. Class K is a mutual fund that invests in a diversified portfolio of global equity, debt, and money market securities, with flexibility to allocate up to 35% of assets to high-yield bonds, corporate loans, and distressed securities, as well as real estate and precious metals-related investments. The fund carries a moderate current distribution rate with an expense ratio of 0.77%. It appeals to investors seeking a balanced global allocation strategy with meaningful income generation across multiple asset classes.

MKLOX performance versus SPY

Price and return data through 2026-10-16.

Total return is 119.3% over the past 10.4 years, 206.5 points behind SPY at 325.8%. Over the past year its total return — price change plus distributions reinvested — is 9.5%. Its deepest 1-year drawdown was 8.3%.

MKLOX key facts

Distribution Safety Score™

62 · Generally safe

Safety-Adjusted Yield

6.76%

Issuer

BlackRock

Asset type

Mutual Fund

Asset class

Equity

Expense ratio

0.77%

Distribution rate

10.90%

Distribution frequency

Semi-Annual

Trailing yield

10.90%

Last close

$20.39 (as of 2026-10-16)

NAV

$19.75 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$33,514,121,216

Average volume

0.0

Dividend

$1.308

Ex-dividend date

07/22/2026

Payment date

07/23/2026

Beta

1.02

How Dividend Vision calculates yield and returns

Distribution rate (10.90%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (10.90%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: BlackRock; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

MKLOX risks and drawbacks

Payments are semi-annual, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 8.3%.

Who may consider MKLOX — and who may not

It is a weaker fit for investors who need monthly cash flow (MKLOX pays semi-annual); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on MKLOX

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Tagged: Mutual Fund.

Frequently asked questions

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