BlackRock Global Allocation Fund
Shareclass
BlackRock Global Allocation Inv A (MDLOX)
Type
Open-end mutual fund
Manager
Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
How we track deforestation-risk investments
D
10.66%
INVESTED IN DEFORESTATION-RISK COMPANIES
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
61
holdings flagged
10%
of assets flagged
This fund contains
$1.75 BILLION invested
in holdings flagged for deforestation riskBlackRock, the world's largest investment firm, is among the world's top investors in the agribusiness companies responsible for destroying our tropical rainforests. To make the urgent transformations needed to end global deforestation and reign in the climate crisis, BlackRock needs to change its ways. Tell BlackRock to adopt a No Deforestation Policy!
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Commodity producers
4 holdings
0.54% of assets
$92.95 MILLION invested
Banks and lenders
17 holdings
2.44% of assets
$420.26 MILLION invested
Major consumer brands
42 holdings
7.45% of assets
$1.29 BILLION invested
Commodity producers
4 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
4 HOLDINGS
- % of portfolio$ invested
- 1. Glencore PLC
0.26%0.26% of portfolio$46.85M$46.85M invested - 2. Bunge Global SA
0.23%0.23% of portfolio$40.67M$40.67M invested - 3. Hormel Foods Corp
0.03%0.03% of portfolio$4.72M$4.72M invested - 4. PT Astra International Tbk<0.01%<0.01% of portfolio$704,331$704,331 invested
Banks and lenders
17 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
17 HOLDINGS
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Major consumer brands
42 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
42 HOLDINGS
- % of portfolio$ invested
- 1. Amazon.com Inc
1.45%1.45% of portfolio$261.89M$261.89M invested - 2. Walmart Inc0.68%0.68% of portfolio$122.93M$122.93M invested
- 3. Shell PLC0.63%0.63% of portfolio$113.67M$113.67M invested
- 4. TJX Companies Inc0.48%0.48% of portfolio$87.48M$87.48M invested
- 5. Lvmh Moet Hennessy Louis Vuitton SE0.46%0.46% of portfolio$83.42M$83.42M invested
View next 5
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DATA AS OF 31 Aug 2024
Sustainability report card
As You Sow’s Invest Your Values report card grades mutual funds on environmental and social issues, including climate change, gender equality, and weapon investments. Click through to get more details on each issue.
BlackRock Global Allocation Fund MDLOX
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Financial performance
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Find more financial data on MDLOX at Morningstar.com
Find more financial data on MDLOX at Morningstar.comTake Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
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