Consolidated

Schedule

of

Investments

(unaudited)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

2

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Pa

r

(

000)

Value

Asset-Backed

Securities

Cayman

Islands

—

0.3%

(a)(b)

522

Funding

CLO

A

Ltd.,

Series

2017-

1A,

Class

CR,

(3-mo.

CME

Term

SOFR

at

2.15%

Floor

+

2.41%),

6.08%,

10/20/34

............

USD

720

$

720,426

720

East

CLO

VII

Ltd.,

Series

2025-7A,

Class

A1,

(3-mo.

CME

Term

SOFR

at

1.06%

Floor

+

1.06%),

4.73%,

04/20/37

.................

2,600

2,602,852

Anchorage

Capital

CLO

11

Ltd.,

Series

2019-11A,

Class

C1R2,

(3-mo.

CME

Term

SOFR

at

2.40%

Floor

+

2.40%),

6.07%,

07/22/37

.......

730

733,950

Anchorage

Capital

CLO

17

Ltd.,

Series

2021-17A,

Class

A1R,

(3-mo.

CME

Term

SOFR

at

1.23%

Floor

+

1.23%),

4.90%,

02/15/38

.......

750

752,597

Anchorage

Capital

CLO

7

Ltd.,

Series

2015-7A,

Class

AR3,

(3-mo.

CME

Term

SOFR

at

1.56%

Floor

+

1.56%),

5.23%,

04/28/37

.......

250

250,647

AREIT

Ltd.,

Series

2025-CRE10,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.39%

Floor

+

1.39%),

5.06%,

12/17/29

.

5,880

5,871,813

Bain

Capital

Credit

CLO

Ltd.,

Series

2021-4A,

Class

BR,

(3-mo.

CME

Term

SOFR

at

1.65%

Floor

+

1.65%),

5.32%,

10/20/34

.......

500

501,497

BBAM

US

CLO

I

Ltd.,

Series

2022-1A,

Class

AR,

(3-mo.

CME

Term

SOFR

at

1.20%

Floor

+

1.20%),

4.87%,

03/30/38

.................

730

732,050

Benefit

Street

Partners

CLO

Ltd.,

Series

2015-6BR,

Class

A1R,

(3-mo.

CME

Term

SOFR

at

1.18%

Floor

+

1.18%),

4.85%,

04/20/38

.......

1,000

1,002,692

Bethpage

Park

CLO

Ltd.,

Series

2021-1A,

Class

A,

(3-mo.

CME

Term

SOFR

at

1.13%

Floor

+

1.39%),

5.06%,

01/15/35

............

730

730,487

BlueMountain

CLO

Ltd.

Series

2013-2A,

Class

BR,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

1.86%),

5.53%,

10/22/30

...

48

47,992

Series

2014-2A,

Class

BR2,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.01%),

5.68%,

10/20/30

...

465

466,229

BlueMountain

CLO

XXII

Ltd.,

Series

2018-22A,

Class

B,

(3-mo.

CME

Term

SOFR

at

1.50%

Floor

+

1.76%),

5.43%,

07/15/31

.......

1,495

1,496,935

BlueMountain

CLO

XXIX

Ltd.,

Series

2020-29A,

Class

BR,

(3-mo.

CME

Term

SOFR

at

1.75%

Floor

+

2.01%),

5.68%,

07/25/34

.......

625

625,038

Canyon

Capital

CLO

Ltd.,

Series

2016-

1A,

Class

CR,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.16%),

5.83%,

07/15/31

............

250

250,875

CarVal

CLO

IV

Ltd.,

Series

2021-1A,

Class

D1R,

(3-mo.

CME

Term

SOFR

at

2.85%

Floor

+

2.85%),

6.52%,

03/31/38

.................

1,000

1,005,741

Cbam

Ltd.,

Series

2018-7A,

Class

A,

(3-mo.

CME

Term

SOFR

at

1.10%

Floor

+

1.36%),

5.03%,

07/20/31

.

45

44,951

Security

Par

(000)

Par

(000)

Value

Cayman

Islands

(continued)

CIFC

Funding

Ltd.

Series

2019-5A,

Class

BR2,

(3-mo.

CME

Term

SOFR

at

1.65%

Floor

+

1.65%),

5.32%,

10/15/38

...

USD

800

$

806,171

Series

2020-1A,

Class

BR,

(3-mo.

CME

Term

SOFR

at

1.91%

Floor

+

1.91%),

5.58%,

07/15/36

...

2,475

2,482,425

Series

2024-3A,

Class

A1,

(3-mo.

CME

Term

SOFR

at

1.48%

Floor

+

1.48%),

5.15%,

07/21/37

...

700

702,740

Series

2025-1A,

Class

A,

(3-mo.

CME

Term

SOFR

at

1.15%

Floor

+

1.15%),

4.82%,

04/23/38

...

500

500,599

Diameter

Capital

CLO

9

Ltd.,

Series

2025-9A,

Class

A,

(3-mo.

CME

Term

SOFR

at

1.17%

Floor

+

1.17%),

4.84%,

04/20/38

............

990

992,082

Dryden

55

CLO

Ltd.,

Series

2018-55A,

Class

A1,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

1.28%),

4.95%,

04/15/31

.................

38

38,408

Dryden

65

CLO

Ltd.,

Series

2018-65A,

Class

B,

(3-mo.

CME

Term

SOFR

at

1.60%

Floor

+

1.86%),

5.53%,

07/18/30

.................

250

250,500

Elmwood

CLO

II

Ltd.

Series

2019-2A,

Class

A1RR,

(3-mo.

CME

Term

SOFR

at

1.35%

Floor

+

1.35%),

5.02%,

10/20/37

...

400

401,876

Series

2019-2A,

Class

BRR,

(3-mo.

CME

Term

SOFR

at

1.70%

Floor

+

1.70%),

5.37%,

10/20/37

...

975

981,573

FS

Rialto,

Series

2021-FL3,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.36%

Floor

+

1.36%),

5.04%,

11/16/36

.

43

42,787

Greystone

CRE

Notes

Ltd.,

Series

2021-FL3,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.02%

Floor

+

1.13%),

4.81%,

07/15/39

.......

284

283,463

KKR

CLO

17

Ltd.,

Series

17,

Class

AR,

(3-mo.

CME

Term

SOFR

at

1.08%

Floor

+

1.34%),

5.01%,

04/15/34

.

500

500,497

Madison

Park

Funding

LXXI

Ltd.,

Series

2025-71A,

Class

A1,

(3-mo.

CME

Term

SOFR

at

1.14%

Floor

+

1.14%),

4.81%,

04/23/38

.......

730

731,351

Madison

Park

Funding

XL-R

Ltd.,

Series

2025-40RA,

Class

A,

(3-mo.

CME

Term

SOFR

at

1.29%

Floor

+

1.29%),

5.12%,

10/16/38

.......

750

753,681

Madison

Park

Funding

XXXI

Ltd.,

Series

2018-31A,

Class

B1R,

(3-mo.

CME

Term

SOFR

at

1.80%

Floor

+

1.80%),

5.47%,

07/23/37

.......

250

251,582

Madison

Park

Funding

XXXVII

Ltd.,

Series

2019-37A,

Class

AR2,

(3-mo.

CME

Term

SOFR

at

1.53%

Floor

+

1.53%),

5.20%,

04/15/37

.......

750

751,732

Milford

Park

CLO

Ltd.,

Series

2022-1A,

Class

AR,

(3-mo.

CME

Term

SOFR

at

1.16%

Floor

+

1.16%),

4.83%,

01/20/38

.................

1,500

1,503,997

Neuberger

Berman

Loan

Advisers

CLO

46

Ltd.,

Series

2021-46A,

Class

BR,

(3-mo.

CME

Term

SOFR

at

1.50%

Floor

+

1.50%),

5.17%,

01/20/37

.

250

250,915

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

3

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Cayman

Islands

(continued)

New

Mountain

CLO

1

Ltd.,

Series

CLO-

1A,

Class

A1RR,

(3-mo.

CME

Term

SOFR

at

1.25%

Floor

+

1.25%),

4.92%,

01/15/38

............

USD

1,230

$

1,234,040

Oak

Hill

Credit

Partners

X-R

Ltd.,

Series

2014-10RA,

Class

AR2,

(3-mo.

CME

Term

SOFR

at

1.13%

Floor

+

1.13%),

4.80%,

04/20/38

.

1,350

1,351,162

Oaktree

CLO

Ltd.

Series

2021-2A,

Class

AR,

(3-mo.

CME

Term

SOFR

at

0.97%

Floor

+

0.97%),

4.64%,

01/15/35

...

730

730,761

Series

2024-27A,

Class

D1,

(3-mo.

CME

Term

SOFR

at

3.00%

Floor

+

3.00%),

6.67%,

10/22/37

...

1,000

1,009,717

OCP

CLO

Ltd.,

Series

2014-5A,

Class

A2R,

(3-mo.

CME

Term

SOFR

at

1.40%

Floor

+

1.66%),

5.33%,

04/26/31

.................

64

64,019

OHA

Credit

Funding

7

Ltd.,

Series

2020-7A,

Class

A1R2,

(3-mo.

CME

Term

SOFR

at

1.28%

Floor

+

1.28%),

4.95%,

07/19/38

.......

575

577,899

OHA

Loan

Funding

Ltd.

Series

2013-2A,

Class

AR2,

(3-mo.

CME

Term

SOFR

at

1.22%

Floor

+

1.22%),

5.35%,

10/20/38

...

750

752,530

Series

2016-1A,

Class

B1R2,

(3-mo.

CME

Term

SOFR

at

1.70%

Floor

+

1.70%),

5.37%,

07/20/37

...

250

251,653

Palmer

Square

Loan

Funding

Ltd.,

Series

2022-3A,

Class

A1BR,

(3-mo.

CME

Term

SOFR

at

1.40%

Floor

+

1.40%),

5.07%,

04/15/31

.......

508

507,920

Pikes

Peak

CLO

4,

Series

2019-4A,

Class

ARR,

(3-mo.

CME

Term

SOFR

at

1.21%

Floor

+

1.21%),

4.88%,

07/15/34

.................

350

350,254

Reese

Park

CLO

Ltd.,

Series

2020-1A,

Class

ARR,

(3-mo.

CME

Term

SOFR

at

1.32%

Floor

+

1.32%),

4.99%,

01/15/38

.................

730

733,059

Regatta

31

Funding

Ltd.,

Series

2025-

1A,

Class

A1,

(3-mo.

CME

Term

SOFR

at

1.17%

Floor

+

1.17%),

4.84%,

03/25/38

............

1,100

1,102,995

Regatta

XVIII

Funding

Ltd.

Series

2021-1A,

Class

A1R,

(3-mo.

CME

Term

SOFR

at

1.16%

Floor

+

1.16%),

4.83%,

04/15/38

...

690

692,262

Series

2021-1A,

Class

BR,

(3-mo.

CME

Term

SOFR

at

1.55%

Floor

+

1.55%),

5.22%,

04/15/38

...

600

603,798

Rockford

Tower

CLO

Ltd.

Series

2017-1A,

Class

BR2A,

(3-mo.

CME

Term

SOFR

at

1.65%

Floor

+

1.91%),

5.58%,

04/20/34

...

500

501,467

Series

2018-1A,

Class

A,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

1.36%),

5.25%,

05/20/31

...

43

43,034

RR

28

Ltd.,

Series

2024-28RA,

Class

A1R,

(3-mo.

CME

Term

SOFR

at

1.55%

Floor

+

1.55%),

5.22%,

04/15/37

.................

5,718

5,730,937

Security

Par

(000)

Par

(000)

Value

Cayman

Islands

(continued)

RR

38

Ltd.,

Series

2025-38A,

Class

A1A,

(3-mo.

CME

Term

SOFR

at

1.15%

Floor

+

1.15%),

4.82%,

04/15/40

.................

USD

250

$

250,551

Signal

Peak

CLO

5

Ltd.,

Series

2018-

5A,

Class

A1R,

(3-mo.

CME

Term

SOFR

at

1.55%

Floor

+

1.55%),

5.22%,

04/25/37

............

300

300,633

Sixth

Street

CLO

XII

Ltd.,

Series

2018-

12A,

Class

BR2,

(3-mo.

CME

Term

SOFR

at

1.60%

Floor

+

1.60%),

5.27%,

01/17/39

............

1,250

1,258,638

Sixth

Street

CLO

XIII

Ltd.,

Series

2019-

13A,

Class

D1R2,

(3-mo.

CME

Term

SOFR

at

2.60%

Floor

+

2.60%),

6.27%,

01/21/38

............

1,000

1,000,000

Symphony

CLO

XXI

Ltd.,

Series

2019-

21A,

Class

AR2,

(3-mo.

CME

Term

SOFR

at

0.90%

Floor

+

0.90%),

4.57%,

07/15/32

............

485

485,511

TICP

CLO

VI

Ltd.

Series

2016-6A,

Class

AR2,

(3-mo.

CME

Term

SOFR

at

1.12%

Floor

+

1.38%),

5.05%,

01/15/34

...

500

499,742

Series

2016-6A,

Class

BR2,

(3-mo.

CME

Term

SOFR

at

1.50%

Floor

+

1.76%),

5.43%,

01/15/34

...

500

501,000

Voya

CLO

Ltd.

Series

2013-3A,

Class

A1RR,

(3-mo.

CME

Term

SOFR

at

1.15%

Floor

+

1.41%),

5.08%,

10/18/31

...

37

37,144

Series

2019-2A,

Class

AR,

(3-mo.

CME

Term

SOFR

at

1.20%

Floor

+

1.20%),

4.87%,

07/20/32

...

577

578,184

51,212,061

Ireland

—

0.6%

(b)

AB

Carval

Euro

CLO

II-C

DAC,

Series

2X,

Class

D,

(3-mo.

EURIBOR

at

3.75%

Floor

+

3.75%),

5.81%,

02/15/37

(c)

................

EUR

2,350

2,834,946

Arbour

CLO

VI

DAC,

Series

6X,

Class

DR,

(3-mo.

EURIBOR

at

3.20%

Floor

+

3.20%),

5.26%,

11/15/37

(c)

2,720

3,254,430

Arcano

Euro

CLO

I

DAC,

Series

1X,

Class

D,

(3-mo.

EURIBOR

at

3.40%

Floor

+

3.40%),

5.43%,

04/25/39

(c)

3,200

3,841,388

Arcano

Euro

CLO

II

DAC,

Series

2X,

Class

D,

(3-mo.

EURIBOR

at

3.30%

Floor

+

3.30%),

5.37%,

07/25/39

(c)

1,430

1,713,462

Arini

European

CLO

IV

DAC,

Series

4X,

Class

D,

(3-mo.

EURIBOR

at

3.50%

Floor

+

3.50%),

5.52%,

01/15/38

(c)

3,920

4,737,869

Arini

European

CLO

V

DAC,

Series

5X,

Class

D,

(3-mo.

EURIBOR

at

2.80%

Floor

+

2.80%),

4.82%,

01/15/39

(c)

2,080

2,495,299

Aurium

CLO

VII

DAC,

Series

7X,

Class

DR,

(3-mo.

EURIBOR

at

3.15%

Floor

+

3.15%),

5.28%,

10/15/38

(c)

960

1,150,534

Aurium

CLO

XIII

DAC,

Series

13X,

Class

D,

(3-mo.

EURIBOR

at

2.80%

Floor

+

2.80%),

4.82%,

04/15/38

(c)

1,440

1,717,438

Avoca

CLO

XVIII

DAC,

Series

18X,

Class

DR,

(3-mo.

EURIBOR

at

3.05%

Floor

+

3.05%),

5.07%,

01/15/38

(c)

................

1,560

1,875,351

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

4

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Ireland

(continued)

Capital

Four

CLO

VIII

DAC,

Series

8X,

Class

D,

(3-mo.

EURIBOR

at

3.25%

Floor

+

3.25%),

5.28%,

10/25/37

(c)

EUR

3,200

$

3,835,137

CIFC

European

Funding

CLO

II

DAC,

Series

2X,

Class

DR,

(3-mo.

EURIBOR

at

3.00%

Floor

+

3.00%),

5.02%,

10/15/39

(c)

...........

1,920

2,305,163

CIFC

European

Funding

CLO

III

DAC,

Series

3X,

Class

DR,

(3-mo.

EURIBOR

at

2.55%

Floor

+

2.55%),

0.00%,

01/15/39

(c)

...........

1,400

1,659,490

Contego

CLO

V

DAC,

Series

5X,

Class

DR,

(3-mo.

EURIBOR

at

3.10%

Floor

+

3.10%),

5.12%,

10/15/37

(c)

2,030

2,405,875

Contego

CLO

VII

DAC,

Series

7X,

Class

DR,

(3-mo.

EURIBOR

at

3.45%

Floor

+

3.45%),

5.48%,

01/23/38

(c)

................

2,640

3,130,267

Contego

CLO

XI

DAC,

Series

11X,

Class

DR,

(3-mo.

EURIBOR

at

3.20%

Floor

+

3.20%),

5.25%,

11/20/38

(c)

.................

2,000

2,395,756

CVC

Cordatus

Opportunity

Loan

Fund-R

DAC,

Series

1X,

Class

DR,

(3-mo.

EURIBOR

at

2.80%

Floor

+

2.80%),

4.86%,

08/15/33

(c)

.....

6,410

7,620,993

Elm

Park

CLO

DAC,

Series

1X,

Class

DR3,

(3-mo.

EURIBOR

at

3.20%

Floor

+

3.20%),

5.32%,

01/15/38

(c)

1,528

1,834,274

Fidelity

Grand

Harbour

CLO

DAC,

Series

2023-1X,

Class

DR,

(3-mo.

EURIBOR

at

2.70%

Floor

+

2.70%),

4.76%,

02/15/38

(c)

...........

2,720

3,230,327

Hambridge

Euro

CLO

DAC,

Series

1X,

Class

D,

(3-mo.

EURIBOR

at

3.30%

Floor

+

3.30%),

5.34%,

10/20/38

(c)

1,920

2,308,811

Henley

CLO

XI

DAC,

Series

11X,

Class

D,

(3-mo.

EURIBOR

at

2.60%

Floor

+

2.60%),

4.63%,

04/25/39

(c)

....

3,140

3,741,289

Henley

CLO

XII

DAC,

Series

12X,

Class

D,

(3-mo.

EURIBOR

at

3.10%

Floor

+

3.10%),

5.12%,

01/15/38

(c)

1,980

2,367,916

Holland

Park

CLO

DAC,

Series

1X,

Class

A1RR,

(3-mo.

EURIBOR

at

0.92%

Floor

+

0.92%),

2.97%,

11/14/32

(c)

.................

147

174,411

Jubilee

CLO

DAC,

Series

2024-29X,

Class

D,

(3-mo.

EURIBOR

at

3.20%

Floor

+

3.20%),

5.22%,

01/15/39

(c)

3,370

4,039,839

Palmer

Square

European

Loan

Funding

DAC

(c)

Series

2024-2X,

Class

D,

(3-mo.

EURIBOR

at

3.15%

Floor

+

3.15%),

5.21%,

05/15/34

....

2,400

2,844,938

Series

2024-3X,

Class

D,

(3-mo.

EURIBOR

at

3.05%

Floor

+

3.05%),

5.11%,

05/15/34

.....

1,980

2,347,823

Penta

CLO

17

DAC,

Series

2024-17X,

Class

D,

(3-mo.

EURIBOR

at

3.25%

Floor

+

3.25%),

5.31%,

08/15/38

(c)

2,210

2,652,935

Prodigy

Finance

DAC

(a)

Series

2021-1A,

Class

B,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.61%),

6.29%,

07/25/51

...

USD

287

285,689

Security

Par

(000)

Par

(000)

Value

Ireland

(continued)

Series

2021-1A,

Class

C,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

3.86%),

7.54%,

07/25/51

...

USD

166

$

165,380

Series

2021-1A,

Class

D,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

6.01%),

9.69%,

07/25/51

...

109

108,853

Providus

CLO

II

DAC,

Series

2X,

Class

DRR,

(3-mo.

EURIBOR

at

3.20%

Floor

+

3.20%),

5.22%,

10/15/38

(c)

EUR

2,160

2,574,211

Providus

CLO

XIV

DAC,

Series

14X,

Class

D,

(3-mo.

EURIBOR

at

2.65%

Floor

+

2.65%),

0.00%,

04/18/40

(c)

1,553

1,840,849

Rockford

Tower

Europe

CLO

DAC

(c)

Series

2025-1X,

Class

D,

(3-mo.

EURIBOR

at

3.00%

Floor

+

3.00%),

5.03%,

10/25/37

....

2,640

3,141,208

Series

2025-3X,

Class

D,

(3-mo.

EURIBOR

at

3.10%

Floor

+

3.10%),

5.18%,

01/15/40

....

1,450

1,737,039

Signal

Harmonic

CLO

I

DAC,

Series

1X,

Class

DR,

(3-mo.

EURIBOR

at

3.50%

Floor

+

3.50%),

5.52%,

07/15/38

(c)

................

1,619

1,943,401

Sona

Fios

CLO

III

DAC,

Series

3X,

Class

D,

(3-mo.

EURIBOR

at

3.25%

Floor

+

3.25%),

5.28%,

04/20/37

(c)

4,300

5,167,540

Sona

Fios

CLO

V

DAC,

Series

5X,

Class

D,

(3-mo.

EURIBOR

at

3.30%

Floor

+

3.30%),

5.33%,

08/25/38

(c)

1,500

1,799,765

Texas

Debt

Capital

Euro

CLO

DAC,

Series

2025-1X,

Class

D,

(3-mo.

EURIBOR

at

3.00%

Floor

+

3.00%),

5.02%,

04/16/39

(c)

...........

3,200

3,837,131

Tikehau

CLO

XII

DAC,

Series

12X,

Class

D,

(3-mo.

EURIBOR

at

3.25%

Floor

+

3.25%),

5.28%,

10/20/38

(c)

3,828

4,595,717

Victory

Street

CLO

I

DAC,

Series

1X,

Class

D,

(3-mo.

EURIBOR

at

3.45%

Floor

+

3.45%),

5.47%,

01/15/38

(c)

2,960

3,560,466

Victory

Street

CLO

II

DAC,

Series

2X,

Class

D,

(3-mo.

EURIBOR

at

3.10%

Floor

+

3.10%),

5.20%,

01/15/39

(c)

2,350

2,820,920

106,094,130

United

Kingdom

—

0.0%

Unique

Pub

Finance

Co.

plc

(The),

Series

N,

6.46%,

03/30/32

(c)

....

GBP

2,787

3,992,293

United

States

—

2.4%

Affirm

Asset

Securitization

Trust

(a)

Series

2025-X2,

Class

A,

4.45%,

10/15/30

...............

USD

6,190

6,195,365

Series

2025-X2,

Class

B,

4.56%,

10/15/30

...............

1,021

1,022,695

Series

2025-X2,

Class

C,

4.93%,

10/15/30

...............

367

367,713

Ajax

Mortgage

Loan

Trust

(a)(b)

Series

2021-E,

Class

A1,

1.74%,

12/25/60

...............

17,351

15,350,690

Series

2021-E,

Class

A2,

2.69%,

12/25/60

...............

3,304

2,559,127

Series

2021-E,

Class

B1,

3.73%,

12/25/60

...............

2,184

1,558,408

Series

2021-E,

Class

M1,

2.94%,

12/25/60

...............

1,332

968,374

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

5

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Bankers

Healthcare

Group

Securitization

Trust,

Series

2020-A,

Class

C,

5.17%,

09/17/31

(a)

.....

USD

610

$

609,736

College

Avenue

Student

Loans

LLC,

Series

2021-B,

Class

D,

3.78%,

06/25/52

(a)

................

129

120,784

Compass

Datacenters

Issuer

II

LLC,

Series

2025-2A,

Class

A1,

4.93%,

11/25/50

(a)

................

7,836

7,800,832

Concord

Music

Royalties

LLC,

Series

2024-1A,

Class

A,

5.64%,

10/20/74

(a)

2,999

3,023,081

DB

Master

Finance

LLC,

Series

2025-

1A,

Class

A2I,

4.89%,

08/20/55

(a)

.

6,978

6,962,924

Domain

Greenbough

Issuer

2

LLC,

14.57%,

01/23/32

(a)(b)

.........

2,928

2,928,023

FNA

8

LLC,

Series

2025-1,

Class

A,

5.62%,

03/15/45

(a)(b)

..........

5,444

5,475,238

Foundation

Finance

Trust,

Series

2025-

3A,

Class

A,

4.56%,

08/15/52

(a)

..

8,482

8,507,867

FS

Rialto

Issuer

LLC,

Series

2025-

FL10,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.39%

Floor

+

1.39%),

5.06%,

08/19/42

(a)(b)

..........

5,070

5,079,148

GoodLeap

Home

Improvement

Solutions

Trust,

Series

2024-1A,

Class

A,

5.35%,

10/20/46

(a)

.....

9,079

9,194,365

GoodLeap

Sustainable

Home

Solutions

Trust,

Series

2021-3CS,

Class

A,

2.10%,

05/20/48

(a)

...........

2,749

2,190,373

GreenSky

Home

Improvement

Trust

(a)

Series

2024-1,

Class

A4,

5.67%,

06/25/59

...............

4,983

5,102,395

Series

2024-1,

Class

B,

5.87%,

06/25/59

...............

795

812,653

Home

Efficiency,

Series

2024-A1,

0.00%,

12/31/54

(a)(b)(d)

.........

27,537

28,432,174

Huntington

Bank

Auto

Credit-Linked

Notes

(a)(b)

Series

2024-1,

Class

B2,

(SOFR

30

day

Average

at

0.00%

Floor

+

1.40%),

5.10%,

05/20/32

....

2,791

2,799,577

Series

2025-2,

Class

B2,

(SOFR

30

day

Average

at

0.00%

Floor

+

1.20%),

4.90%,

09/20/33

....

2,794

2,801,649

LendingClub

Rated

Notes

Issuer

Trust

(a)

Series

2025-P2,

Class

A,

5.20%,

02/15/35

...............

6,560

6,600,006

Series

2025-P2,

Class

B,

5.59%,

04/15/35

...............

379

381,030

Series

2025-P2,

Class

C,

6.25%,

09/15/35

...............

762

765,833

Series

2025-P2,

Class

D,

6.47%,

12/15/35

...............

305

306,087

Series

2025-P2,

Class

E,

8.99%,

07/15/36

...............

488

489,539

Series

2025-P2,

Class

F,

13.02%,

01/15/37

...............

244

244,880

Series

2025-P2,

Class

R,

0.00%,

03/15/45

...............

106

254,248

LendingClub

Structured

Loan

Certificate

Issuer

Trust,

Series

2025-P16,

Class

A,

5.19%,

12/15/32

(a)

.........

7,586

7,610,648

Lendmark

Funding

Trust

(a)

Series

2021-2A,

Class

D,

4.46%,

04/20/32

...............

2,210

2,053,955

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Series

2025-3A,

Class

A,

4.51%,

05/21/35

...............

USD

7,933

$

7,922,487

Lyra

Music

Assets

Delaware

LP,

Series

2024-2A,

Class

A2,

5.76%,

12/22/64

(a)

................

6,737

6,810,782

Mariner

Finance

Issuance

Trust

(a)

Series

2024-AA,

Class

A,

5.13%,

09/22/36

...............

5,203

5,272,153

Series

2024-AA,

Class

D,

6.77%,

09/22/36

...............

861

880,976

Series

2025-BA,

Class

A,

4.59%,

11/22/38

...............

6,808

6,822,725

MF1

Multifamily

Housing

Mortgage

Loan

Trust,

Series

2025-FL20,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.45%

Floor

+

1.45%),

5.13%,

02/18/43

(a)(b)

5,752

5,772,716

Navient

Private

Education

Refi

Loan

Trust

(a)

Series

2021-DA,

Class

A,

(US

Prime

Rate

at

0.00%

Floor

-

1.99%),

4.76%,

04/15/60

(b)

.........

4,825

4,775,853

Series

2021-DA,

Class

B,

2.61%,

04/15/60

...............

1,347

1,209,966

Series

2021-DA,

Class

C,

3.48%,

04/15/60

...............

3,617

3,389,166

Series

2024-A,

Class

A,

5.66%,

10/15/72

...............

10,006

10,255,136

Navient

Refinance

Loan

Trust

(a)

Series

2025-B,

Class

A,

4.72%,

09/15/55

...............

6,355

6,359,050

Series

2025-C,

Class

A,

4.80%,

10/15/55

...............

4,502

4,515,735

Nelnet

Student

Loan

Trust

(a)

Series

2021-A,

Class

B1,

2.85%,

04/20/62

...............

6,099

5,516,645

Series

2021-A,

Class

D,

4.93%,

04/20/62

...............

6,030

5,519,515

Series

2021-BA,

Class

C,

3.57%,

04/20/62

...............

6,450

5,707,920

Series

2021-CA,

Class

C,

3.36%,

04/20/62

...............

850

738,583

Series

2025-AA,

Class

A1B,

(SOFR

30

day

Average

at

0.00%

Floor

+

1.10%),

4.81%,

03/15/57

(b)

...

10,360

10,328,997

Series

2025-CA,

Class

A1B,

(SOFR

30

day

Average

at

1.35%

Floor

+

1.35%),

5.05%,

06/22/65

(b)

...

6,911

6,959,010

Series

2025-CA,

Class

D,

5.82%,

06/22/65

...............

4,199

4,126,913

PFS

Financing

Corp.,

5.54%,

10/16/28

(a)(d)

...............

10,000

10,059,000

Planet

Fitness

Master

Issuer

LLC,

Series

2025-1A,

Class

A2II,

5.65%,

12/06/55

(a)

................

5,870

5,861,646

Progress

Residential

Trust,

Series

2021-SFR3,

Class

F,

3.44%,

05/17/26

(a)

................

2,736

2,720,533

QTS

Issuer

ABS

II

LLC,

Series

2025-

1A,

Class

A2,

5.04%,

10/05/55

(a)

.

7,472

7,436,810

Regional

Management

Issuance

Trust,

Series

2025-2,

Class

A,

4.59%,

11/16/37

(a)

................

9,605

9,585,919

Republic

Finance

Issuance

Trust

(a)

Series

2024-A,

Class

A,

5.91%,

08/20/32

...............

8,036

8,117,174

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

6

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Series

2025-A,

Class

A,

4.59%,

11/20/34

...............

USD

8,768

$

8,787,653

Retained

Vantage

Data

Centers

Issuer

LLC,

Series

2025-1A,

Class

A2A,

5.09%,

08/15/50

(a)

...........

6,226

6,154,766

RMIT

Cash

Management

LLC,

Series

2021-3,

Class

A,

3.88%,

10/17/33

(a)(d)

27,070

26,528,600

Silver

Point

Euro

CLO

DAC,

Series

1X,

Class

D,

(3-mo.

EURIBOR

at

3.00%

Floor

+

3.00%),

5.10%,

01/15/39

(b)(c)

EUR

1,677

2,006,603

SLM

Private

Education

Loan

Trust,

Series

2010-C,

Class

A5,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

4.86%),

8.54%,

10/15/41

(a)(b)

....

USD

8,276

8,693,483

SMB

Private

Education

Loan

Trust

(a)

Series

2021-A,

Class

B,

2.31%,

01/15/53

...............

963

942,691

Series

2021-A,

Class

C,

2.99%,

01/15/53

...............

10,776

9,516,866

Series

2021-C,

Class

B,

2.30%,

01/15/53

...............

714

697,126

Series

2021-C,

Class

C,

3.00%,

01/15/53

...............

706

626,815

Series

2021-C,

Class

D,

3.93%,

01/15/53

...............

197

177,166

Series

2024-D,

Class

A1B,

(SOFR

30

day

Average

at

1.10%

Floor

+

1.10%),

4.81%,

07/15/53

(b)

...

6,451

6,409,131

SoFi

Personal

Loan

Trust

(a)

Series

2023-1, 0.00%,

10/15/30

(e)

164

2,373,729

Series

2023-1A,

Class

A,

6.00%,

11/12/30

...............

3,113

3,142,116

Series

2024-1A,

Class

A,

6.06%,

02/12/31

...............

2,334

2,317,422

Splitrock

Services,

Inc.,

Series

2024-1-

A,

0.00%,

02/12/31

(a)

.........

148

2,545,297

Subway

Funding

LLC,

Series

2024-1A,

Class

A2II,

6.27%,

07/30/54

(a)

...

5,164

5,268,038

Summit

Issuer

LLC,

Series

2025-1A,

Class

A2,

5.21%,

11/20/55

(a)

....

7,997

8,059,542

Taco

Bell

Funding

LLC,

Series

2025-1A,

Class

A2I,

4.82%,

08/25/55

(a)

....

7,941

7,900,861

Truist

Bank

Auto

Credit-Linked

Notes,

Series

2025-1,

Class

B,

4.73%,

09/26/33

(a)

................

6,474

6,504,764

Upgrade

Master

Pass-Thru

Trust

(a)

Series

2025-ST6,

Class

A,

4.61%,

10/15/32

...............

2,078

2,082,119

Series

2025-ST7,

Class

A,

4.55%,

11/15/32

...............

5,440

5,440,621

Series

2025-ST7,

Class

B,

4.98%,

11/15/32

...............

2,356

2,359,403

UPX

HIL

Issuer

Trust,

Series

2025-1,

Class

A,

5.16%,

01/25/47

(a)

.....

7,485

7,525,727

411,295,366

Total

Asset-Backed

Securities

—

3.3%

(Cost:

$577,116,083)

.............................

572,593,850

Security

Shares

Shares

Value

Common

Stocks

Australia

—

0.5%

BHP

Group

Ltd.

...............

623,401

$

21,471,404

Fortescue

Ltd.

................

353,988

5,126,054

Macquarie

Group

Ltd.

...........

102,391

15,026,885

PLS

Group

Ltd.

(f)

..............

1,137,392

3,337,313

Quintis

HoldCo

Pty.

Ltd.

(d)(f)(g)

......

43,735,802

305

Rio

Tinto

Ltd.

................

89,579

9,332,770

Rio

Tinto

plc

.................

30,498

2,782,465

Santos

Ltd.

..................

1,097,745

5,353,426

Telix

Pharmaceuticals

Ltd.

(f)(h)

......

103,295

753,676

Transurban

Group

(

i

)

............

926,507

8,961,890

WiseTech

Global

Ltd.

...........

76,845

3,078,920

Woolworths

Group

Ltd.

..........

75,426

1,618,671

Worley

Ltd.

..................

335,694

3,122,465

79,966,244

Austria

—

0.0%

Raiffeisen

Bank

International

AG

...

10,214

514,842

Belgium

—

0.1%

KBC

Group

NV

...............

78,212

11,021,295

UCB

SA

....................

3,019

919,967

11,941,262

Brazil

—

0.2%

B3

SA

-

Brasil

Bolsa

Balcao

.......

686,289

2,109,953

Klabin

SA

...................

774,910

2,831,508

Localiza

Rent

a

Car

SA

(f)

.........

169,346

1,558,714

Lojas

Renner

SA

(f)

.............

1,405,721

4,003,944

MercadoLibre

,

Inc.

(f)

............

6,126

13,157,362

Rede

D'Or

Sao

Luiz

SA

(a)(c)

.......

129,109

1,037,484

Rumo

SA

...................

347,732

971,291

Seguridade

Participacoes

SA

......

582,298

4,139,237

StoneCo

Ltd.

,

Class

A

(f)

..........

206,078

3,326,099

Vale

SA

....................

118,485

1,893,869

Vale

SA

,

ADR

................

385,865

6,200,850

XP,

Inc.

,

Class

A

..............

32,175

627,734

41,858,045

Canada

—

1.2%

Agnico

Eagle

Mines

Ltd.

.........

18,552

3,526,603

Algoma

Steel

Group,

Inc.

........

547,037

2,286,615

Alimentation

Couche-Tard,

Inc.

.....

136,551

7,104,082

Bank

of

Nova

Scotia

(The)

........

53,845

4,025,573

Barrick

Mining

Corp.

............

128,616

5,878,941

CAE,

Inc.

(f)

..................

44,574

1,428,568

Cameco

Corp.

................

458,547

56,580,114

Canadian

National

Railway

Co.

....

78,633

7,564,452

CGI,

Inc.

,

Class

A

.............

42,301

3,625,401

Constellation

Software,

Inc.

.......

9,789

18,065,851

Fortis,

Inc.

..................

174,245

9,290,337

Gildan

Activewear,

Inc.

(h)

.........

143,896

9,349,303

Kinross

Gold

Corp.

.............

442,226

13,926,230

Nutrien

Ltd.

..................

66,401

4,571,728

Power

Corp.

of

Canada

.........

21,250

1,071,668

Sun

Life

Financial,

Inc.

..........

253,988

16,004,238

Suncor

Energy,

Inc.

............

641,011

33,880,631

Teck

Resources

Ltd.

,

Class

B

.....

147,688

7,926,441

WSP

Global,

Inc.

..............

24,282

4,694,122

210,800,898

Chile

—

0.0%

WOM

New

Holdco

(d)(f)

...........

5,047

116,081

China

—

1.2%

Airtac

International

Group

........

124,000

4,487,637

Alibaba

Group

Holding

Ltd.

,

ADR

...

80,980

13,730,969

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

7

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

China

(continued)

ANTA

Sports

Products

Ltd.

.......

569,200

$

5,686,273

Bilibili

,

Inc.

,

ADR

(f)(h)

............

27,459

934,704

BYD

Co.

Ltd.

,

Class

H

..........

2,063,000

25,719,144

China

Galaxy

Securities

Co.

Ltd.

,

Class

H

......................

2,693,000

3,621,268

China

Hongqiao

Group

Ltd.

.......

996,000

4,555,377

Contemporary

Amperex

Technology

Co.

Ltd.

,

Class

H

(h)

..............

166,300

10,376,709

Geely

Automobile

Holdings

Ltd.

....

4,236,000

8,719,780

Great

Wall

Motor

Co.

Ltd.

,

Class

A

..

2,811,441

8,354,564

JD.com,

Inc.

,

Class

A

...........

841,050

11,993,912

Lenovo

Group

Ltd.

.............

3,880,000

4,371,649

Nongfu

Spring

Co.

Ltd.

,

Class

H

(a)(c)

..

137

840

Pop

Mart

International

Group

Ltd.

(a)(c)

.

89,200

2,549,921

Prosus

NV

,

Class

N

(f)

...........

78,160

4,494,299

SAIC

Motor

Corp.

Ltd.

,

Class

A

....

4,079,400

8,279,891

Shenzhou

International

Group

Holdings

Ltd.

.....................

382,900

3,045,342

Tencent

Holdings

Ltd.

...........

878,381

67,513,952

Tencent

Holdings

Ltd.

,

ADR

.......

1,388

106,029

Trip.com

Group

Ltd.

............

59,650

3,661,058

Weichai

Power

Co.

Ltd.

,

Class

H

...

1,506,000

5,104,784

Yum

China

Holdings,

Inc.

........

197,073

9,798,986

207,107,088

Colombia

—

0.0%

Grupo

Cibest

SA

,

ADR

..........

17,993

1,469,128

Czech

Republic

—

0.0%

Komercni

Banka

A/S

...........

18,896

1,145,043

Moneta

Money

Bank

A/S

(a)(c)

......

62,145

623,709

1,768,752

Denmark

—

0.3%

Ascendis

Pharma

A/S

,

ADR

(f)

......

5,681

1,284,474

Coloplast

A/S

,

Class

B

..........

42,391

3,613,621

Danske

Bank

A/S

..............

143,534

7,312,775

DSV

A/S

....................

155,812

43,812,016

Genmab

A/S

(f)

................

5,677

1,849,484

57,872,370

Egypt

—

0.0%

Commercial

International

Bank

Egypt

SAE

....................

739,770

2,108,738

Fawry

for

Banking

&

Payment

Technology

Services

SAE

(f)

.....

5,428,941

1,981,216

4,089,954

Finland

—

0.0%

Kone

OYJ

,

Class

B

............

36,162

2,598,779

Sampo

OYJ

,

Class

A

...........

326,279

3,638,766

6,237,545

France

—

2.3%

Airbus

SE

...................

181,597

41,576,637

Bouygues

SA

................

25,799

1,394,535

Capgemini

SE

................

23,230

3,609,437

Cie

de

Saint-Gobain

SA

.........

419,867

41,443,196

Dassault

Systemes

SE

..........

246,250

6,773,062

Eiffage

SA

..................

15,631

2,318,193

Engie

SA

...................

455,583

13,602,086

EssilorLuxottica

SA

............

190,874

58,349,433

Hermes

International

SCA

........

17,467

42,025,596

Legrand

SA

.................

51,678

8,250,807

L'Oreal

SA

..................

3,290

1,511,556

LVMH

Moet

Hennessy

Louis

Vuitton

SE

63,375

40,902,519

Renault

SA

..................

197,329

7,447,078

Safran

SA

...................

13,337

4,765,196

Security

Shares

Shares

Value

France

(continued)

Sanofi

SA

...................

516,246

$

48,694,250

Schneider

Electric

SE

...........

15,456

4,431,266

Societe

Generale

SA

...........

810,929

71,061,313

Thales

SA

...................

29,618

9,066,838

407,222,998

Georgia

—

0.0%

TBC

Bank

Group

plc

...........

41,364

2,404,995

Germany

—

0.8%

adidas

AG

..................

18,455

3,272,138

Allianz

SE

(Registered)

..........

15,954

7,024,900

Caresyntax

,

Inc.

(d)(f)

............

84,881

1

Deutsche

Bank

AG

(Registered)

....

117,479

4,635,852

Deutsche

Boerse

AG

...........

9,325

2,361,327

Deutsche

Telekom

AG

(Registered)

.

549,981

18,456,422

E.ON

SE

...................

274,521

5,822,552

Fresenius

Medical

Care

AG

.......

65,839

2,964,007

Heidelberg

Materials

AG

.........

51,551

14,118,313

Northern

Data

AG

(f)(h)

...........

14,752

225,581

RWE

AG

...................

97,916

6,218,049

SAP

SE

....................

123,204

24,612,271

Siemens

AG

(Registered)

........

63,822

19,295,324

Siemens

Energy

AG

(f)

...........

127,145

21,662,978

Symrise

AG

.................

63,755

5,367,349

Vonovia

SE

..................

110,320

3,230,091

139,267,155

Greece

—

0.0%

Athens

International

Airport

SA

.....

107,470

1,443,324

Hellenic

Telecommunications

Organization

SA

,

Class

R

......

85,083

1,595,769

National

Bank

of

Greece

SA

......

54,354

959,590

OPAP

SA

,

Class

R

.............

44,337

893,432

4,892,115

Hong

Kong

—

0.1%

AIA

Group

Ltd.

...............

113

1,304

Prudential

plc

................

373,525

6,135,240

Techtronic

Industries

Co.

Ltd.

......

589,000

8,040,734

14,177,278

Hungary

—

0.0%

OTP

Bank

Nyrt

.

...............

29,843

3,755,206

India

—

0.2%

Axis

Bank

Ltd.

................

27,383

408,536

GAIL

India

Ltd.

...............

508,853

926,957

Hindustan

Aeronautics

Ltd.

(c)

......

64,743

3,252,819

ICICI

Bank

Ltd.

...............

20,956

308,947

IndusInd

Bank

Ltd.

(f)

............

74,264

724,370

Infosys

Ltd.

..................

150,325

2,688,756

ITC

Ltd.

....................

610,026

2,138,405

LG

Electronics

India

Ltd.

(f)

........

307,251

4,891,633

Mahindra

&

Mahindra

Ltd.

........

276,319

10,317,678

Malpani

Pipes

And

Fittings

Ltd.

(f)

....

4,800

3,839

Manappuram

Finance

Ltd.

........

191,238

592,809

SAI

Life

Sciences

Ltd.

(a)(c)(f)

........

58,384

530,843

SBI

Life

Insurance

Co.

Ltd.

(a)(c)

.....

602,491

13,105,704

Think

&

Learn

Pvt

Ltd.,

Series

F,

(Acquired

12/11/20,

cost

$8,580,000)

(d)(f)(j)

............

5,720

—

39,891,296

Indonesia

—

0.0%

Bank

Mandiri

Persero

Tbk

.

PT

.....

15,095,400

4,343,646

Bank

Syariah

Indonesia

Tbk

.

PT

....

1,542,470

206,975

Ciputra

Development

Tbk

.

PT

.....

13,132,900

651,049

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

8

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

Indonesia

(continued)

Mitra

Adiperkasa

Tbk

.

PT

........

5,208,800

$

368,267

5,569,937

Ireland

—

0.1%

Accenture

plc

,

Class

A

..........

45,776

12,068,385

Israel

—

0.1%

(f)

Deep

Instinct

Ltd.

(d)

............

346,564

20,794

Teva

Pharmaceutical

Industries

Ltd.

,

ADR

....................

315,776

10,761,646

10,782,440

Italy

—

1.4%

Ferrari

NV

..................

17,302

5,771,011

FinecoBank

Banca

Fineco

SpA

....

167,698

4,445,716

Intesa

Sanpaolo

SpA

...........

14,678,997

103,918,371

Leonardo

SpA

................

256,545

17,144,040

Mediobanca

Banca

di

Credito

Finanziario

SpA

.............

128,229

2,684,325

UniCredit

SpA

................

1,220,111

106,327,865

Wizz

Air

Holdings

plc

(a)(c)(f)(h)

.......

161,854

3,139,220

243,430,548

Japan

—

1.7%

Advantest

Corp.

...............

101,400

16,770,200

Asahi

Intecc

Co.

Ltd.

...........

140,800

2,347,159

Asahi

Kasei

Corp.

.............

424,100

4,114,198

Bridgestone

Corp.

.............

99,200

2,233,414

Canon,

Inc.

..................

262,700

7,996,295

Dai-ichi

Life

Holdings,

Inc.

........

666,100

5,857,778

Daiichi

Sankyo

Co.

Ltd.

..........

327,300

5,996,015

Daiwa

Securities

Group,

Inc.

......

756,400

7,370,657

ENEOS

Holdings,

Inc.

..........

1,590,500

13,442,775

FUJIFILM

Holdings

Corp.

........

176,909

3,533,803

Furukawa

Electric

Co.

Ltd.

........

51,800

4,512,246

Idemitsu

Kosan

Co.

Ltd.

.........

605,800

5,140,375

Inpex

Corp.

..................

136,400

3,055,935

Isetan

Mitsukoshi

Holdings

Ltd.

....

140,400

2,253,220

Japan

Exchange

Group,

Inc.

......

460,700

5,027,261

Japan

Post

Bank

Co.

Ltd.

........

504,900

8,970,767

Japan

Post

Holdings

Co.

Ltd.

......

377,900

4,547,203

Japan

Tobacco,

Inc.

............

348,100

12,580,924

Kakaku.com,

Inc.

..............

135,500

1,849,328

Kansai

Paint

Co.

Ltd.

...........

82,286

1,313,234

KDDI

Corp.

..................

277,600

4,686,992

Keyence

Corp.

...............

23,400

8,584,536

Kioxia

Holdings

Corp.

(f)

..........

31,300

4,281,414

Lasertec

Corp.

...............

8,400

1,929,795

LY

Corp.

....................

1,837,000

4,703,495

Metaplanet

,

Inc.

(f)

..............

677,000

1,910,812

MISUMI

Group,

Inc.

............

181,400

2,998,596

Mitsubishi

UFJ

Financial

Group,

Inc.

.

612,549

11,093,488

Mizuho

Financial

Group,

Inc.

......

92,100

3,998,792

Murata

Manufacturing

Co.

Ltd.

.....

521,600

10,596,595

Nexon

Co.

Ltd.

...............

175,500

4,198,700

Nidec

Corp.

.................

797,600

11,409,479

Nintendo

Co.

Ltd.

..............

81,100

5,022,163

Nippon

Steel

Corp.

.............

264,800

1,103,436

Nissan

Chemical

Corp.

..........

86,000

2,964,378

Nomura

Holdings,

Inc.

..........

535,700

4,854,695

Obayashi

Corp.

...............

191,700

4,327,306

Obic

Co.

Ltd.

.................

39,300

1,092,302

Olympus

Corp.

...............

568,500

6,790,456

Rakus

Co.

Ltd.

...............

230,590

1,312,364

Sanrio

Co.

Ltd.

...............

201,200

6,224,819

Santen

Pharmaceutical

Co.

Ltd.

....

195,607

2,200,507

Seven

&

i

Holdings

Co.

Ltd.

.......

229,000

3,279,419

Security

Shares

Shares

Value

Japan

(continued)

Shimizu

Corp.

................

398,900

$

7,084,033

Socionext

,

Inc.

...............

231,600

3,099,102

Sompo

Holdings,

Inc.

...........

91,600

3,158,783

Sony

Group

Corp.

.............

377,100

8,314,267

Sumitomo

Mitsui

Financial

Group,

Inc.

201,800

7,101,433

Sumitomo

Pharma

Co.

Ltd.

(f)

......

133,400

1,985,129

Suzuki

Motor

Corp.

............

542,000

7,390,209

Terumo

Corp.

................

111,200

1,454,636

TOTO

Ltd.

..................

43,000

1,351,444

Toyota

Motor

Corp.

............

548,200

12,425,231

Toyota

Tsusho

Corp.

............

171,100

6,231,332

Trend

Micro,

Inc.

(f)

.............

12,438

487,917

288,560,842

Kazakhstan

—

0.0%

(c)

Halyk

Savings

Bank

of

Kazakhstan

JSC

,

GDR

................

73,980

2,378,457

Kaspi.KZ

JSC

,

ADR

(f)

...........

19,653

1,496,969

3,875,426

Luxembourg

—

0.0%

Altice

France

Lux

3

(f)

............

7,570

142,475

Macau

—

0.0%

Wynn

Macau

Ltd.

..............

5,034,601

3,725,728

Mexico

—

0.2%

America

Movil

SAB

de

CV,

Series

B

.

2,659,719

2,740,990

Fomento

Economico

Mexicano

SAB

de

CV

.....................

33,601

350,699

Fresnillo

plc

.................

279,381

13,758,554

Grupo

Aeromexico

SAB

de

CV

,

ADR

(f)

29,603

593,540

Grupo

Aeroportuario

del

Sureste

SAB

de

CV

,

Class

B

.............

66,746

2,309,184

Grupo

Financiero

Banorte

SAB

de

CV

,

Class

O

..................

906,524

10,248,452

Grupo

Mexico

SAB

de

CV,

Series

B

.

52,469

582,605

Promotora

y

Operadora

de

Infraestructura

SAB

de

CV

.....

27,967

437,301

Southern

Copper

Corp.

..........

7,916

1,506,573

Wal-Mart

de

Mexico

SAB

de

CV

....

1,695,305

5,380,042

37,907,940

Netherlands

—

1.6%

Adyen

NV

(a)(c)(f)

................

11,649

17,273,664

Argenx

SE

(f)

.................

2,275

1,913,210

Argenx

SE

,

ADR

(f)

.............

1,262

1,060,711

ASM

International

NV

...........

2,163

1,816,561

ASML

Holding

NV

.............

98,068

140,620,297

ING

Groep

NV

................

3,134,929

92,451,957

Koninklijke

Vopak

NV

...........

29,704

1,482,497

Nebius

Group

NV

,

Class

A

(f)

.......

9,847

838,866

NXP

Semiconductors

NV

........

12,317

2,785,366

Teya

Services

Ltd.,

Series

C,

(Acquired

06/03/24,

cost

$10,172,087)

(d)(f)(j)

..

5,237

1,467,355

Wolters

Kluwer

NV

.............

84,382

7,923,732

269,634,216

Norway

—

0.0%

Kongsberg

Gruppen

ASA

........

116,524

4,002,727

Telenor

ASA

.................

64,617

1,086,959

5,089,686

Philippines

—

0.0%

Ayala

Corp.

..................

73,650

632,924

Ayala

Land,

Inc.

...............

1,818,300

655,625

Bloomberry

Resorts

Corp.

........

2,810,000

136,490

DigiPlus

Interactive

Corp.

........

536,060

118,480

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

9

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

Philippines

(continued)

International

Container

Terminal

Services,

Inc.

..............

93,900

$

1,028,482

Metropolitan

Bank

&

Trust

Co.

.....

558,200

692,056

3,264,057

Poland

—

0.1%

Bank

Polska

Kasa

Opieki

SA

......

37,345

2,271,249

LPP

SA

....................

587

3,241,725

Powszechna

Kasa

Oszczednosci

Bank

Polski

SA

.................

82,057

2,134,374

Powszechny

Zaklad

Ubezpieczen

SA

327,494

6,443,882

14,091,230

Republic

of

Turkiye

—

0.1%

Akbank

TAS

.................

1,738,436

3,718,621

Eldorado

Gold

Corp.

(f)(h)

..........

65,909

2,828,814

KOC

Holding

A/S

..............

184,348

881,703

MLP

Saglik

Hizmetleri

A/S

(a)(c)(f)

.....

116,805

1,265,795

Turkiye

Is

Bankasi

A/S

,

Class

C

....

6,747,954

2,594,040

11,288,973

Romania

—

0.0%

Banca

Transilvania

SA

..........

155,239

1,170,787

Saudi

Arabia

—

0.1%

Ades

Holding

Co.

..............

228,838

1,172,517

Al

Rajhi

Bank

................

83,023

2,370,831

Elm

Co.

....................

2,779

574,779

Etihad

Etisalat

Co.

.............

170,588

3,210,144

Rasan

Information

Technology

Co.

(f)

.

58,626

2,184,868

Saudi

Basic

Industries

Corp.

......

32,133

487,045

Saudi

National

Bank

(The)

........

48,759

583,179

Yanbu

National

Petrochemical

Co.

..

131,746

948,936

11,532,299

Singapore

—

0.0%

Sea

Ltd.

,

ADR,

Class

A

(f)

.........

1,120

130,469

STMicroelectronics

NV

..........

151,127

4,267,534

UOL

Group

Ltd.

...............

181,454

1,549,722

5,947,725

South

Africa

—

0.2%

FirstRand

Ltd.

................

1,268,511

7,235,404

Harmony

Gold

Mining

Co.

Ltd.

.....

399,508

8,488,974

Kumba

Iron

Ore

Ltd.

............

58,550

1,304,836

Mr

Price

Group

Ltd.

............

187,882

2,063,163

Northam

Platinum

Holdings

Ltd.

....

55,154

1,314,070

Valterra

Platinum

Ltd.

...........

41,619

3,739,390

Vodacom

Group

Ltd.

...........

441,253

4,112,670

28,258,507

South

Korea

—

0.9%

Doosan

Enerbility

Co.

Ltd.

(f)

.......

17,356

1,083,467

GS

Engineering

&

Construction

Corp.

86,904

1,128,187

HD

Hyundai

Heavy

Industries

Co.

Ltd.

17,597

7,004,137

HD

Korea

Shipbuilding

&

Offshore

Engineering

Co.

Ltd.

.........

11,549

3,308,025

Hyundai

Motor

Co.

.............

2,750

957,290

IsuPetasys

Co.

Ltd.

............

9,276

749,182

KB

Financial

Group,

Inc.

.........

14,409

1,348,671

Kia

Corp.

...................

10,939

1,163,945

Korea

Electric

Power

Corp.

(f)

......

69,709

2,811,581

Krafton

,

Inc.

(f)

................

21,349

3,747,946

KT&G

Corp.

.................

43,914

4,695,265

Misto

Holdings

Corp.

...........

20,577

670,055

NAVER

Corp.

................

10,575

2,010,114

Samsung

Electronics

Co.

Ltd.

.....

741,050

81,867,335

Security

Shares

Shares

Value

South

Korea

(continued)

SK

Hynix,

Inc.

................

56,744

$

35,429,675

147,974,875

Spain

—

0.3%

Banco

Bilbao

Vizcaya

Argentaria

SA

.

545,847

13,855,603

Banco

de

Sabadell

SA

..........

1,001,127

3,927,206

Bankinter

SA

.................

445,212

7,599,761

CaixaBank

SA

................

1,156,148

15,261,373

Industria

de

Diseno

Textil

SA

......

66,704

4,340,438

Naturgy

Energy

Group

SA

........

60,989

1,914,327

Repsol

SA

..................

328,698

6,475,714

53,374,422

Sweden

—

0.2%

Atlas

Copco

AB

,

Class

A

.........

590,508

12,177,573

Investor

AB

,

Class

B

............

158,586

6,115,024

SSAB

AB

,

Class

A

.............

49,419

408,584

SSAB

AB

,

Class

B

.............

127,276

1,047,019

Telefonaktiebolaget

LM

Ericsson

,

Class

B

......................

694,356

7,519,990

27,268,190

Switzerland

—

0.3%

ABB

Ltd.

(Registered)

...........

65,183

5,612,132

Belimo

Holding

AG

(Registered)

....

2,868

3,136,954

Galderma

Group

AG

............

56,647

10,558,943

Partners

Group

Holding

AG

.......

14,185

19,341,879

UBS

Group

AG

(Registered)

......

26,279

1,243,401

Zurich

Insurance

Group

AG

.......

13,980

9,945,679

49,838,988

Taiwan

—

1.5%

Accton

Technology

Corp.

........

172,000

6,013,680

Bizlink

Holding,

Inc.

............

77,000

3,127,069

eMemory

Technology,

Inc.

........

49,000

2,822,152

Genius

Electronic

Optical

Co.

Ltd.

..

183,713

2,629,027

Hon

Hai

Precision

Industry

Co.

Ltd.

..

626,000

4,327,176

International

Games

System

Co.

Ltd.

60,000

1,362,570

MediaTek,

Inc.

................

69,200

3,838,561

Nanya

Technology

Corp.

(f)

........

317,000

3,208,909

Phison

Electronics

Corp.

.........

25,000

1,854,016

Realtek

Semiconductor

Corp.

.....

335,208

5,128,613

Taiwan

Semiconductor

Manufacturing

Co.

Ltd.

..................

3,878,000

214,437,644

TS

Financial

Holding

Co.

Ltd.

......

1,914,000

1,375,622

Winbond

Electronics

Corp.

(f)

......

2,899,000

11,463,639

261,588,678

Thailand

—

0.0%

CP

ALL

PCL

.................

1,446,000

1,993,530

Krungthai

Card

PCL

............

1,479,900

1,345,774

True

Corp.

PCL

,

NVDR

..........

1,974,800

727,312

4,066,616

United

Arab

Emirates

—

0.1%

Abu

Dhabi

Commercial

Bank

PJSC

.

209,248

867,939

Air

Arabia

PJSC

...............

1,067,634

1,448,953

Aldar

Properties

PJSC

..........

448,602

1,172,741

Borouge

plc

.................

1,258,336

894,353

Emaar

Development

PJSC

.......

186,972

875,676

Emaar

Properties

PJSC

.........

764,199

3,126,104

Emirates

Integrated

Telecommunications

Co.

PJSC

..

418,013

1,172,371

NMC

Health

plc

(d)(f)

.............

1,077,976

15

9,558,152

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

10

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

United

Kingdom

—

1.9%

3i

Group

plc

.................

113,511

$

5,214,596

Admiral

Group

plc

.............

141,010

5,306,766

Anglo

American

plc

............

79,873

3,703,536

BAE

Systems

plc

..............

2,338,950

63,495,345

British

American

Tobacco

plc

......

530,474

32,047,845

British

Land

Co.

plc

(The)

........

293,125

1,671,964

Bunzl

plc

...................

157,849

4,426,571

Compass

Group

plc

............

997,344

29,905,797

Convatec

Group

plc

(a)(c)

..........

522,581

1,648,388

Genius

Sports

Ltd.

(f)

............

477,759

4,156,503

Haleon

plc

..................

783,080

4,095,433

Imperial

Brands

plc

............

113,413

4,776,704

J

Sainsbury

plc

...............

1,793,702

7,859,492

National

Grid

plc

..............

4,466,468

75,883,303

NatWest

Group

plc

.............

2,328,268

21,221,663

RELX

plc

...................

806,724

28,599,995

Rolls-Royce

Holdings

plc

........

1,964,027

32,832,593

Schroders

plc

................

600,518

3,719,448

St.

James's

Place

plc

...........

188,105

3,928,636

Verisure

plc

(f)

.................

175,626

2,866,199

337,360,777

United

States

—

45.0%

Abbott

Laboratories

............

240,834

26,323,156

AbbVie,

Inc.

.................

168,201

37,510,505

Adobe,

Inc.

(f)

.................

88,043

25,818,610

Advanced

Micro

Devices,

Inc.

(f)

....

118,106

27,959,233

Aflac,

Inc.

...................

25,013

2,775,192

Airbnb,

Inc.

,

Class

A

(f)

...........

126,848

16,410,326

Akamai

Technologies,

Inc.

(f)

.......

68,030

6,609,115

Albemarle

Corp.

..............

40,716

6,947,371

Alcon

AG

...................

41,543

3,362,588

ALL

Health

Services

Corp.,

(Acquired

06/03/24,

cost

$0)

(d)(f)(j)

........

304

—

Alphabet,

Inc.

,

Class

C

..........

1,215,769

411,574,280

Altria

Group,

Inc.

..............

316,653

19,629,319

Amazon.com,

Inc.

(f)(k)

...........

1,352,146

323,568,538

AMC

Networks,

Inc.

,

Class

A

(f)

.....

90,448

697,354

Ameren

Corp.

................

12,963

1,338,819

American

Express

Co.

..........

46,505

16,377,666

Amphenol

Corp.

,

Class

A

........

95,913

13,819,145

Analog

Devices,

Inc.

............

4,500

1,398,960

Apollo

Global

Management,

Inc.

....

339,051

45,615,922

Apple,

Inc.

(k)

.................

1,337,714

347,110,029

AppLovin

Corp.

,

Class

A

(f)

........

19,572

9,259,709

Arista

Networks,

Inc.

(f)

...........

86,925

12,320,749

Ascent

Resources

LLC

(d)(f)(l)

.......

6,012,656

6,974,681

Automatic

Data

Processing,

Inc.

....

37,526

9,262,167

AutoNation,

Inc.

(f)

..............

6,188

1,268,416

AutoZone,

Inc.

(f)

...............

2,699

9,997,879

Avaya

LLC

(f)

.................

1,123

16,312

Axsome

Therapeutics,

Inc.

(f)

.......

8,620

1,588,235

Bank

of

America

Corp.

..........

2,138,916

113,790,331

Berkshire

Hathaway,

Inc.

,

Class

B

(f)

..

34,675

16,662,378

Best

Buy

Co.,

Inc.

.............

237,066

15,432,997

Boeing

Co.

(The)

(f)

.............

465,707

108,845,040

Booking

Holdings,

Inc.

..........

8,387

41,950,432

Boston

Scientific

Corp.

(f)

.........

598,039

55,934,588

BP

plc

.....................

726,231

4,604,710

Bristol-Myers

Squibb

Co.

.........

193,620

10,658,781

Broadcom,

Inc.

...............

540,539

179,080,571

Burlington

Stores,

Inc.

(f)

..........

13,463

3,983,163

Cadence

Design

Systems,

Inc.

(f)

....

24,053

7,128,347

Caesars

Entertainment,

Inc.

(f)

......

83,482

1,728,077

Capital

One

Financial

Corp.

.......

289,945

63,477,584

Cardinal

Health,

Inc.

............

4,710

1,012,085

Security

Shares

Shares

Value

United

States

(continued)

Carrier

Global

Corp.

............

89,300

$

5,320,494

Carvana

Co.

,

Class

A

(f)

..........

12,134

4,867,069

CDW

Corp.

..................

16,404

2,073,302

Centene

Corp.

(f)

...............

65,720

2,846,990

Century

Communities,

Inc.

.......

55,268

3,480,779

Charles

Schwab

Corp.

(The)

......

15,508

1,611,591

Charter

Communications,

Inc.

,

Class

A

(f)

80,290

16,549,375

Circle

Internet

Group,

Inc.

,

Class

A

(f)(h)

179,593

11,481,380

Cisco

Systems,

Inc.

............

919,963

72,051,502

Citigroup,

Inc.

................

775,987

89,789,456

Clean

Harbors,

Inc.

(f)

...........

6,811

1,770,247

Coca-Cola

Co.

(The)

...........

125,653

9,400,101

Coinbase

Global,

Inc.

,

Class

A

(f)

....

16,888

3,288,769

Comerica,

Inc.

................

11,752

1,042,050

Comfort

Systems

USA,

Inc.

.......

1,281

1,463,030

CoreWeave

,

Inc.

,

Class

A

(f)(h)

......

63,708

5,936,949

Costco

Wholesale

Corp.

.........

123,083

115,728,791

Crescent

Midstream

Private

(d)(f)(l)

....

5,696,000

5,866,880

CRH

plc

....................

425,194

52,047,998

Crowdstrike

Holdings,

Inc.

,

Class

A

(f)

.

24,046

10,614,025

Crown

PropTech

Acquisitions

(d)(f)

....

308,496

115,768

Crown

PropTech

Acquisitions

,

Class

A

(f)

108,245

1,231,828

CSX

Corp.

..................

189,565

7,157,974

Darden

Restaurants,

Inc.

........

17,312

3,451,147

Datadog,

Inc.

,

Class

A

(f)

.........

48,022

6,210,205

Davidson

Kempner

Merchant

Co.-Invest

Fund

LP,

(Acquired

04/07/21,

cost

$0)

(f)(j)(l)

...................

—

(m)

21,355,293

Dell

Technologies,

Inc.

,

Class

C

....

86,031

9,845,388

Delta

Air

Lines,

Inc.

............

1,353,468

89,180,007

Devon

Energy

Corp.

............

311,663

12,531,969

DF

Residential

III

LP

(d)(f)

..........

10,429,752

11,472,728

Dick's

Sporting

Goods,

Inc.

.......

17,273

3,489,146

Dollar

General

Corp.

...........

92,470

13,262,972

DR

Horton,

Inc.

...............

295,888

44,039,970

Duke

Energy

Corp.

............

41,407

5,024,739

Eaton

Corp.

plc

...............

52,876

18,581,684

eBay,

Inc.

...................

167,659

15,293,854

EchoStar

Corp.

,

Class

A

(f)

........

56,298

6,374,060

Edwards

Lifesciences

Corp.

(f)

......

224,644

18,277,036

Eli

Lilly

&

Co.

................

149,425

154,976,139

EMCOR

Group,

Inc.

............

4,702

3,388,872

Emerson

Electric

Co.

...........

57,030

8,381,129

EOG

Resources,

Inc.

...........

111,244

12,473,790

EPAM

Systems,

Inc.

(f)(h)

..........

11,194

2,335,068

Epic

Games,

Inc.,

(Acquired

10/17/24,

cost

$33,724,034)

(d)(f)(j)

........

61,803

38,896,954

EQT

Corp.

..................

740,830

42,768,116

Estee

Lauder

Cos.,

Inc.

(The)

,

Class

A

31,375

3,616,910

EXO

Capital

Technologies,

Inc.,

(Acquired

05/22/25,

cost

$8,339,244)

(d)(f)(j)

............

14,236

5,267

Experian

plc

.................

79,053

2,994,112

Exxon

Mobil

Corp.

.............

561,507

79,397,090

FactSet

Research

Systems,

Inc.

....

55,039

13,999,720

Fair

Isaac

Corp.

(f)

..............

1,152

1,685,572

Fanatics

Holdings,

Inc.

,

Class

A

,

(Acquired

12/15/21,

cost

$40,652,984)

(d)(f)(j)

............

599,248

47,939,840

Farmers

Business

Network,

Inc.

(d)(f)

..

310,205

335,021

Fastenal

Co.

.................

78,745

3,414,383

FedEx

Corp.

.................

24,563

7,915,427

Fifth

Third

Bancorp

............

474,293

23,818,994

Figma,

Inc.

,

Class

A

(f)

...........

23,801

616,922

First

Citizens

BancShares

,

Inc.

,

Class

A

3,227

6,678,502

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

11

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

United

States

(continued)

First

Horizon

Corp.

.............

173,322

$

4,244,656

Flagstar

Bank

NA

..............

858,237

11,345,893

Flex

Ltd.

(f)

...................

90,912

5,731,092

FLYR,

Inc.,

Series

D-X

,

Class

E

(d)(f)

..

2,491,076

25

Ford

Motor

Co.

...............

1,889,525

26,226,607

Formentera

Partners

Fund

II

LP

(d)(f)(l)

.

12,685,367

9,640,879

Fortinet,

Inc.

(f)

................

104,563

8,496,789

FQT

Holding

Co.

LLC

(d)(f)

.........

2,439,185

4,390,533

Freeport-McMoRan,

Inc.

.........

1,000,711

60,272,824

FreeWire

Technologies,

Inc.

(d)(f)

.....

166

—

Garmin

Ltd.

..................

32,835

6,620,849

GE

Aerospace

................

273,101

83,784,656

GE

Vernova

,

Inc.

..............

58,340

42,376,426

Gilead

Sciences,

Inc.

...........

76,919

10,918,652

Global

Payments,

Inc.

..........

50,334

3,610,961

Goldman

Sachs

Group,

Inc.

(The)

..

43,169

40,380,714

Green

Plains,

Inc.

(f)

............

216,929

2,486,006

GSK

plc

....................

333,394

8,622,122

Halliburton

Co.

...............

67,482

2,261,997

Hershey

Co.

(The)

.............

18,440

3,591,190

Hilton

Worldwide

Holdings,

Inc.

....

116,039

34,638,802

Holcim

AG

..................

105,195

10,842,331

Home

Depot,

Inc.

(The)

.........

184,400

69,074,396

Honeywell

International,

Inc.

......

100,692

22,909,444

Howmet

Aerospace,

Inc.

.........

85,369

17,763,582

Humana,

Inc.

................

11,555

2,255,536

Huntington

Bancshares,

Inc.

......

587,251

10,265,147

iHeartMedia,

Inc.

,

Class

A

(f)

.......

10,778

34,921

Illinois

Tool

Works,

Inc.

..........

70,895

18,522,028

Included

Health,

(Acquired

06/03/24,

cost

$31,181,561)

(d)(f)(j)

........

11,562,554

8,787,541

Incyte

Corp.

(f)

................

55,464

5,550,282

Insulet

Corp.

(f)

................

6,896

1,764,066

Intel

Corp.

(f)

..................

641,740

29,821,658

Interactive

Brokers

Group,

Inc.

,

Class

A

23,861

1,786,712

Intuit,

Inc.

...................

96,283

48,037,514

Intuitive

Surgical,

Inc.

(f)

..........

119,254

60,130,252

Invesco

Ltd.

.................

156,999

4,284,503

Jabil,

Inc.

...................

48,129

11,415,718

Johnson

&

Johnson

............

274,450

62,368,763

JPMorgan

Chase

&

Co.

.........

387,458

118,519,528

Keurig

Dr

Pepper,

Inc.

..........

492,457

13,513,020

KeyCorp

....................

135,975

2,926,182

KLA

Corp.

...................

7,500

10,709,550

Lam

Research

Corp.

...........

445,911

104,102,382

Las

Vegas

Sands

Corp.

.........

127,240

6,709,365

Latch,

Inc.

(f)

..................

520,854

93,754

Lionsgate

Studios

Corp.

(f)

........

728,654

6,878,494

Live

Nation

Entertainment,

Inc.

(f)(h)

...

256,050

37,242,472

Lockheed

Martin

Corp.

..........

38,257

24,263,355

Lululemon

Athletica,

Inc.

(f)

........

76,990

13,434,755

Lumen

Technologies,

Inc.

(f)

.......

320,275

2,824,825

M/I

Homes,

Inc.

(f)

..............

13,994

1,870,998

Marsh

&

McLennan

Cos.,

Inc.

.....

281,054

52,891,552

Marvell

Technology,

Inc.

.........

52,314

4,128,621

Masimo

Corp.

(f)

...............

81,605

11,206,815

MasTec

,

Inc.

(f)

................

7,113

1,710,534

Mastercard,

Inc.

,

Class

A

.........

131,336

70,762,523

Match

Group,

Inc.

.............

304,406

9,482,247

McDonald's

Corp.

.............

84,156

26,509,140

McKesson

Corp.

..............

74,456

61,888,572

Medtronic

plc

................

436,841

44,977,149

Melange

Capital

Partners

(d)(f)(l)

.....

12,856,939

13,270,933

Merck

&

Co.,

Inc.

..............

297,991

32,859,468

Meritage

Homes

Corp.

..........

43,708

3,038,143

Security

Shares

Shares

Value

United

States

(continued)

Meta

Platforms,

Inc.

,

Class

A

......

227,042

$

162,675,593

MGM

Resorts

International

(f)

......

50,236

1,684,915

Micron

Technology,

Inc.

..........

331,239

137,424,436

Microsoft

Corp.

...............

758,999

326,589,680

Moderna,

Inc.

(f)

...............

316,203

13,935,066

MongoDB,

Inc.

,

Class

A

(f)

........

73,183

27,175,043

Monolithic

Power

Systems,

Inc.

....

7,099

7,980,341

Monster

Beverage

Corp.

(f)

........

21,624

1,746,354

Moody's

Corp.

................

3,302

1,702,379

Motorola

Solutions,

Inc.

.........

24,142

9,718,121

MP

Materials

Corp.

,

Class

A

(f)

......

89,900

5,283,423

MSCI,

Inc.

..................

18,305

11,151,772

Mueller

Industries,

Inc.

..........

21,100

2,872,554

Nestle

SA

(Registered)

..........

61,106

5,831,135

NetApp,

Inc.

.................

67,721

6,524,918

Netflix,

Inc.

(f)

.................

560,763

46,818,103

New

Knoxville

Local

School

District

(a)(c)(d)

(f)

.......................

366,110

433,968

Newmont

Corp.

...............

60,839

6,835,262

NextEra

Energy,

Inc.

...........

778,927

68,467,683

Northern

Trust

Corp.

............

29,347

4,385,322

Norwegian

Cruise

Line

Holdings

Ltd.

(f)

162,053

3,558,684

Novartis

AG

(Registered)

........

31,346

4,650,800

NRG

Energy,

Inc.

..............

66,668

10,175,537

Nucor

Corp.

.................

24,830

4,412,788

NVIDIA

Corp.

(k)

...............

2,509,574

479,654,879

Omnicom

Group,

Inc.

...........

109,928

8,468,853

Oracle

Corp.

.................

70,758

11,645,352

Otis

Worldwide

Corp.

...........

275,870

23,564,815

Palantir

Technologies,

Inc.

,

Class

A

(f)

.

193,563

28,374,400

Palladyne

AI

Corp.

(f)(h)

...........

27,356

178,361

Palladyne

AI

Corp.

(f)

............

607,934

3,963,731

Palo

Alto

Networks,

Inc.

(f)

........

9,420

1,667,057

Paramount

Skydance

Corp.

,

Class

B

35,184

394,413

PepsiCo,

Inc.

................

110,999

17,052,776

Pfizer,

Inc.

..................

432,264

11,429,060

Philip

Morris

International,

Inc.

.....

317,300

56,936,312

Pinnacle

West

Capital

Corp.

......

92,635

8,666,931

Playstudios

,

Inc.

,

Class

A

(f)

.......

831,348

527,490

PNC

Financial

Services

Group,

Inc.

(The)

....................

35,896

8,015,577

Principal

Financial

Group,

Inc.

.....

146,003

13,829,404

Procter

&

Gamble

Co.

(The)

......

191,060

28,997,176

Progressive

Corp.

(The)

.........

285,147

59,310,576

Prologis,

Inc.

.................

188,908

24,663,828

Prudential

Financial,

Inc.

.........

138,180

15,353,180

QXO,

Inc.

(f)

..................

101,741

2,256,615

Raymond

James

Financial,

Inc.

....

5,643

935,948

Regeneron

Pharmaceuticals,

Inc.

...

12,204

9,048,656

Relativity

Space,

Inc.

(d)(f)

.........

5,551

5,717

Republic

Services,

Inc.

..........

12,366

2,659,803

ResMed,

Inc.

................

15,449

3,990,631

RH

(f)

......................

15,869

3,155,233

Robinhood

Markets,

Inc.

,

Class

A

(f)

..

53,487

5,320,887

ROBLOX

Corp.

,

Class

A

(f)

........

20,504

1,348,343

Rocket

Cos.,

Inc.

,

Class

A

........

480,070

8,607,655

Rockwell

Automation,

Inc.

........

2,353

992,142

Royal

Caribbean

Cruises

Ltd.

.....

11,250

3,652,313

Royalty

Pharma

plc

,

Class

A

......

29,079

1,212,013

RSA

Security

LLC

.............

1,094,195

—

RTX

Corp.

..................

8,652

1,738,446

S&P

Global,

Inc.

..............

14,401

7,600,704

Salesforce,

Inc.

...............

56,148

11,919,659

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

12

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

United

States

(continued)

Screaming

Eagle

Acquistion

Corp.,

(Acquired

05/14/24,

cost

$2,667,489)

(f)(j)

..............

262,419

$

2,451,551

ServiceNow,

Inc.

(f)

.............

211,375

24,732,989

ServiceTitan

,

Inc.

,

Class

A

(f)

.......

46,422

3,636,699

Shell

plc

....................

1,209,388

46,594,549

Six

Flags

Entertainment

Corp.

(f)

....

149,686

2,695,845

Skyworks

Solutions,

Inc.

.........

309,940

17,282,254

SLB

Ltd.

....................

82,046

3,969,385

Snorkel

AI,

Inc.,

Series

B,

(Acquired

06/30/21,

cost

$

1,060,929)

(d)(f)(j)

..

70,636

402,625

Solaris

Energy

Infrastructure,

Inc.

,

Class

A

..................

68,687

3,790,836

Solstice

Advanced

Materials,

Inc.

(f)

..

5,380

332,323

Sonder

Holdings,

Inc.

,

Class

A

(f)

....

103,334

10

SOURCE

Global

PBC

(d)(f)

.........

139,668

11,173

Southern

Co.

(The)

............

51,315

4,582,943

Southwest

Airlines

Co.

..........

189,640

9,011,693

Space

Exploration

Technologies

Corp.

,

Class

A

,

(Acquired

08/21/23,

cost

$8,130,699)

(d)(f)(j)

............

100,379

31,719,764

Space

Exploration

Technologies

Corp.

,

Class

C

,

(Acquired

08/21/23,

cost

$8,726,616)

(d)(f)(j)

............

107,736

34,044,576

Starbucks

Corp.

...............

43,772

4,024,835

Starz

Entertainment

Corp.

........

29,498

294,685

STERIS

plc

..................

6,664

1,749,966

Stryker

Corp.

................

255,945

94,587,034

Synchrony

Financial

............

135,232

9,821,900

T.

Rowe

Price

Group,

Inc.

........

35,920

3,796,026

Take-Two

Interactive

Software,

Inc.

(f)

.

14,237

3,136,411

Tapestry,

Inc.

.................

57,763

7,330,702

Target

Corp.

.................

40,838

4,307,184

TD

SYNNEX

Corp.

.............

22,885

3,631,163

Tenaris

SA

..................

337,216

7,490,564

Tesla,

Inc.

(f)

..................

255,265

109,868,609

Texas

Instruments,

Inc.

..........

20,195

4,353,032

Textron,

Inc.

.................

110,555

9,735,473

Thermo

Fisher

Scientific,

Inc.

......

84,917

49,133,825

TJX

Cos.,

Inc.

(The)

............

455,734

68,273,511

T-Mobile

US,

Inc.

..............

24,676

4,866,354

Toll

Brothers,

Inc.

..............

60,683

8,768,087

Trane

Technologies

plc

..........

175,210

73,689,822

TransDigm

Group,

Inc.

..........

9,480

13,533,079

TRI

Pointe

Homes,

Inc.

(f)

.........

95,579

3,187,560

Tyler

Technologies,

Inc.

(f)

.........

13,975

5,162,365

Uber

Technologies,

Inc.

(f)

.........

208,167

16,663,768

Ulta

Beauty,

Inc.

(f)

..............

7,101

4,596,903

Union

Pacific

Corp.

............

143,488

33,734,029

United

Airlines

Holdings,

Inc.

(f)

.....

446,638

45,700,000

UnitedHealth

Group,

Inc.

.........

84,701

24,303,258

Universal

Health

Services,

Inc.

,

Class

B

16,408

3,302,274

US

Bancorp

.................

198,963

11,163,814

USA

Rare

Earth

LLC,

(Acquired

01/26/26,

cost

$10,778,079)

(f)(j)

...

501,306

11,239,281

Valero

Energy

Corp.

............

30,997

5,623,786

Ventas,

Inc.

.................

139,486

10,833,878

Verizon

Communications,

Inc.

.....

695,929

30,982,759

Vertex

Pharmaceuticals,

Inc.

(f)

.....

86,326

40,564,587

Vertiv

Holdings

Co.

,

Class

A

......

225,678

42,016,730

Viatris

,

Inc.

..................

1,452,163

19,008,814

Viking

Holdings

Ltd.

(f)

...........

11,875

856,781

Visa,

Inc.

,

Class

A

.............

34,498

11,102,491

Vistra

Corp.

.................

217,204

34,394,253

Walmart,

Inc.

.................

1,073,176

127,858,189

Security

Shares

Shares

Value

United

States

(continued)

Walt

Disney

Co.

(The)

..........

803,362

$

90,619,234

Waste

Management,

Inc.

.........

22,952

5,100,852

Wealthfront

Corp.

(f)(h)

............

197,622

1,715,359

Wells

Fargo

&

Co.

.............

1,164,425

105,368,818

Welltower,

Inc.

................

18,931

3,565,843

West

Pharmaceutical

Services,

Inc.

.

20,858

4,820,701

Williams

Cos.,

Inc.

(The)

.........

914,107

61,482,837

Wolfspeed

,

Inc.

(f)

..............

6,549

102,557

Workday,

Inc.

,

Class

A

(f)

.........

25,896

4,548,114

Wynn

Resorts

Ltd.

.............

148,402

15,945,795

Zeitview

,

Series

E-3

,

Class

E

(d)(f)

....

2,096,035

2,090,502

Zimmer

Biomet

Holdings,

Inc.

.....

65,417

5,695,858

Zoetis,

Inc.

,

Class

A

............

205,325

25,628,667

7,816,463,125

Zambia

—

0.0%

First

Quantum

Minerals

Ltd.

(f)

......

105,857

2,992,278

Total

Common

Stocks

—

62.7%

(Cost:

$6,874,844,596)

...........................

10,902,180,554

Par

(000)

Pa

r

(

000)

Corporate

Bonds

Angola

—

0.1%

Azule

Energy

Finance

plc

(a)

8.25%,

01/22/31

............

USD

4,200

4,204,620

8.63%,

01/22/33

............

3,019

3,018,215

7,222,835

Argentina

—

0.0%

(a)

Telecom

Argentina

SA,

9.25%,

05/28/33

591

624,152

Vista

Energy

Argentina

SAU,

8.50%,

06/10/33

.................

309

320,974

945,126

Australia

—

0.3%

AGL

Energy

Ltd.,

5.77%,

09/30/35

(c)

.

AUD

340

230,262

Ampol

Ltd.

,

(3-mo.

ASX

Australia

Bank

Bill

Short

Term

Rates

Mid

+

2.00%),

5.85%,

10/30/55

(b)(c)

..........

460

311,224

AngloGold

Ashanti

Holdings

plc,

3.75%,

10/01/30

.................

USD

687

660,454

AusNet

Services

Holdings

Pty.

Ltd.

(b)(c)

(3-mo.

ASX

Australia

Bank

Bill

Short

Term

Rates

Mid

+

1.77%),

5.62%,

02/04/56

...............

AUD

390

272,614

(3-mo.

ASX

Australia

Bank

Bill

Short

Term

Rates

Mid

+

1.77%),

6.50%,

02/04/56

...............

300

209,914

CIMIC

Finance

USA

Pty.

Ltd.,

7.00%,

03/25/34

(c)

................

USD

200

216,867

Fortescue

Treasury

Pty.

Ltd.

(a)

4.50%,

09/15/27

............

134

133,989

4.38%,

04/01/31

............

100

96,620

Insurance

Australia

Group

Ltd.

,

(3-mo.

ASX

Australia

Bank

Bill

Short

Term

Rates

Mid

+

1.68%),

5.39%,

06/15/37

(b)(c)

...............

AUD

200

141,691

Mineral

Resources

Ltd.

(a)

9.25%,

10/01/28

............

USD

899

944,318

8.50%,

05/01/30

............

2,479

2,569,822

7.00%,

04/01/31

............

100

105,096

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

13

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Australia

(continued)

National

Australia

Bank

Ltd.,

(3-mo.

ASX

Australia

Bank

Bill

Short

Term

Rates

Mid

+

1.70%),

5.77%,

07/30/40

(b)(c)

...............

AUD

500

$

344,028

Oceana

Australian

Fixed

Income

Trust

(d)

12.50%,

07/31/26

...........

9,773

6,882,330

12.50%,

07/31/27

...........

16,288

11,654,058

10.50%,

07/31/28

...........

13,715

9,538,979

Pacific

National

Finance

Pty.

Ltd.,

(ADSWAP5

+

3.85%),

7.75%,

12/11/54

(b)(c)

...............

480

339,008

Patrick

Terminals

Finance

Pty.

Ltd.,

5.55%,

10/22/35

(c)

...........

580

389,719

Quintis

Australia

Pty.

Ltd.

(a)(d)(f)(g)(n)(o)

7.50%,

(7.50%

Cash

or

8.00%

PIK),

10/01/26

...............

USD

92,389

9,238,919

12.00%,

(12.00%

Cash

or

12.00%

PIK),

10/01/28

...........

82,685

8

Santos

Finance

Ltd.,

5.75%,

11/13/35

(a)

1,050

1,052,963

Scentre

Group

Trust

1,

5.35%,

09/18/35

(c)

................

AUD

1,970

1,322,095

Tabcorp

Finance

Pty.

Ltd.,

5.99%,

05/28/31

(c)

................

500

345,041

Westpac

Banking

Corp.,

6.14%,

11/13/45

(c)

.................

460

318,111

47,318,130

Austria

—

0.0%

ams

-OSRAM

AG

(c)

2.13%,

11/03/27

(p)

...........

EUR

4,700

5,341,335

10.50%,

03/30/29

...........

700

879,742

6,221,077

Belgium

—

0.0%

Telenet

Finance

Luxembourg

Notes

SARL,

5.50%,

03/01/28

(a)

......

USD

5,400

5,382,325

Brazil

—

0.1%

Azul

Secured

Finance

LLP,

9.88%,

02/15/31

(a)

................

305

308,508

CSN

Resources

SA,

8.88%,

12/05/30

(c)

367

353,994

Eldorado

Intl.

Finance

GmbH,

8.50%,

12/01/32

(a)

................

498

521,147

LD

Celulose

International

GmbH,

7.95%,

01/26/32

(a)

...........

680

715,618

MC

Brazil

Downstream

Trading

SARL

7.25%,

06/30/31

(a)

...........

330

292,325

7.25%,

06/30/31

(c)

...........

401

354,967

Nexa

Resources

SA,

6.75%,

04/09/34

(a)

362

392,109

Petrobras

Global

Finance

BV,

6.75%,

01/27/41

.................

1,282

1,285,205

PRIO

Luxembourg

Holding

SARL,

6.75%,

10/15/30

(a)

...........

744

736,597

Raizen

Fuels

Finance

SA

(a)

6.45%,

03/05/34

............

735

604,537

6.95%,

03/05/54

............

475

360,858

Samarco

Mineracao

SA,

9.00%,

(9.00%

Cash

or

9.00%

PIK),

06/30/31

(c)(o)

.

1,272

1,272,768

Vale

Overseas

Ltd.

6.40%,

06/28/54

............

338

347,295

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.43%),

6.00%,

02/25/56

(a)(b)

..

488

490,391

8,036,319

Security

Par

(000)

Par

(000)

Value

Canada

—

0.7%

1011778

BC

ULC

(a)

4.38%,

01/15/28

............

USD

256

$

254,487

6.13%,

06/15/29

............

297

304,475

5.63%,

09/15/29

............

100

101,692

4.00%,

10/15/30

............

131

124,991

Air

Canada

Pass-Through

Trust,

Series

2020-1,

Class

C,

10.50%,

07/15/26

(a)

5,740

5,891,002

Alexandrite

Lake

Lux

Holdings

SARL,

6.75%,

07/30/30

(c)

...........

EUR

2,938

3,519,560

Bell

Telephone

Co.

of

Canada

or

Bell

Canada,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.39%),

6.88%,

09/15/55

(b)

....

USD

250

259,017

Bombardier,

Inc.

(a)

8.75%,

11/15/30

............

100

107,167

7.25%,

07/01/31

............

124

131,646

7.00%,

06/01/32

............

171

179,502

Brookfield

Residential

Properties,

Inc.,

4.88%,

02/15/30

(a)

...........

260

242,721

Garda

World

Security

Corp.

(a)

7.75%,

02/15/28

............

146

149,104

6.00%,

06/01/29

............

100

98,399

8.25%,

08/01/32

............

481

491,517

HR

Ottawa

LP,

11.00%,

03/31/31

(a)

..

48,149

52,877,441

Jones

Deslauriers

Insurance

Management,

Inc.,

8.50%,

03/15/30

(a)

................

110

115,015

Mattamy

Group

Corp.,

6.00%,

12/15/33

(a)

................

140

137,560

Methanex

Corp.,

5.13%,

10/15/27

...

162

162,461

NOVA

Chemicals

Corp.

(a)

9.00%,

02/15/30

............

383

408,442

7.00%,

12/01/31

............

100

106,744

Open

Text

Corp.,

3.88%,

12/01/29

(a)

.

148

137,371

Open

Text

Holdings,

Inc.

(a)

4.13%,

02/15/30

............

246

228,512

4.13%,

12/01/31

............

95

85,345

Resort

Communities

LoanCo

.

LP,

13.00%,

(13.00%

Cash

or

13.00%

PIK),

11/30/28

(a)(b)(d)(o)

.........

54,565

55,519,548

Rogers

Communications,

Inc.

(b)

Series

NC5,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.65%),

7.00%,

04/15/55

...............

55

57,050

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.62%),

7.13%,

04/15/55

....

138

144,713

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.59%),

5.25%,

03/15/82

(a)

...

89

88,908

South

Bow

Canadian

Infrastructure

Holdings

Ltd.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.67%),

7.50%,

03/01/55

(b)

................

146

154,336

TELUS

Corp.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.77%),

6.63%,

10/15/55

(b)

................

127

129,887

Toucan

FinCo

.

Ltd.,

9.50%,

05/15/30

(a)

6,240

6,021,984

Wrangler

Holdco

Corp.,

6.63%,

04/01/32

(a)

................

164

170,654

128,401,251

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

14

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Chile

—

0.0%

(a)

AES

Andes

SA,

6.30%,

03/15/29

...

USD

200

$

206,500

Corp.

Nacional

del

Cobre

de

Chile,

5.53%,

01/30/37

............

660

662,161

WOM

Chile

Holdco

SpA

,

5.00%,

(5.00%

Cash

or

5.00%

PIK),

04/01/32

(b)(o)(p)

1,655

1,486,215

WOM

Mobile

SA,

12.50%,

(12.50%

Cash

or

12.50%

PIK),

04/01/31

(b)(o)

114

108,844

2,463,720

China

—

0.1%

Alibaba

Group

Holding

Ltd.,

0.50%,

06/01/31

(p)

................

4,238

7,424,930

China

Ruyi

Holdings

Ltd.,

0.00%,

01/31/27

(c)(e)(p)

..............

HKD

11,000

1,413,704

CMOC

Capital

Ltd.,

0.00%,

01/24/27

(c)(e)

(p)

......................

USD

3,200

3,329,352

Fantasia

Holdings

Group

Co.

Ltd.

(c)(f)(n)

11.75%,

04/17/24

...........

2,110

23,738

7.95%,

07/05/24

............

510

5,737

9.25%,

07/28/24

............

902

10,148

9.88%,

10/19/24

............

481

5,411

10.88%,

01/09/25

...........

3,132

35,235

Fortune

Star

BVI

Ltd.

(c)

3.95%,

10/02/26

............

EUR

1,200

1,418,864

6.80%,

09/09/29

............

USD

800

793,500

5.88%,

11/20/30

............

EUR

580

680,628

GLP

China

Holdings

Ltd.,

2.95%,

03/29/26

(c)

................

USD

230

228,160

Hansoh

Pharmaceutical

Group

Co.

Ltd.,

0.00%,

02/03/33

(c)(e)(p)

.........

HKD

14,000

1,780,891

Prosus

NV,

4.03%,

08/03/50

(c)

.....

USD

883

615,650

Zoomlion

Heavy

Industry

Science

&

Technology

Co.

Ltd.,

0.70%,

02/05/31

(c)(p)

...............

CNY

18,000

2,653,239

20,419,187

Colombia

—

0.0%

ABRA

Global

Finance,

14.00%,

(14.00%

Cash

or

14.00%

PIK),

10/22/29

(a)(o)

...............

USD

677

701,281

Colombia

Telecomunicaciones

SA

ESP,

4.95%,

07/17/30

(c)

...........

706

661,522

Gran

Tierra

Energy,

Inc.,

9.50%,

10/15/29

(a)

................

819

653,153

SURA

Asset

Management

SA,

6.35%,

05/13/32

(a)

................

725

770,740

2,786,696

Costa

Rica

—

0.0%

Liberty

Costa

Rica

Senior

Secured

Finance,

10.88%,

01/15/31

(a)

....

437

462,263

Czech

Republic

—

0.1%

(c)

Allwyn

Entertainment

Financing

UK

plc,

7.25%,

04/30/30

............

EUR

3,600

4,464,621

Czechoslovak

Group

A/S,

5.25%,

01/10/31

.................

3,538

4,377,245

8,841,866

Denmark

—

0.0%

SGL

Group

ApS

,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.25%),

6.30%,

02/24/31

(a)(b)(c)

..............

1,013

1,125,204

Finland

—

0.0%

(c)

Citycon

Treasury

BV

5.00%,

03/11/30

............

575

649,745

5.38%,

07/08/31

............

725

819,162

Security

Par

(000)

Par

(000)

Value

Finland

(continued)

Mehilainen

Yhtiot

Oy

5.13%,

06/30/32

............

EUR

2,375

$

2,856,234

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.38%),

5.39%,

06/30/32

(b)

...

431

513,067

4,838,208

France

—

0.5%

Afflelou

SAS,

6.00%,

07/25/29

(c)

....

2,864

3,526,563

Altice

France

SA

(c)

5.50%,

10/15/31

............

559

641,845

5.63%,

07/15/32

............

556

641,848

Atos

SE

(c)(q)

9.36%,

12/18/29

............

143

192,796

1.04%,

12/18/32

............

2,088

1,834,175

Bertrand

Franchise

Finance

SAS,

(3-mo.

EURIBOR

+

3.75%),

5.78%,

07/18/30

(b)(c)

...............

1,238

1,437,284

Betclic

Everest

Group

SAS,

5.13%,

12/10/31

(c)

................

1,568

1,877,682

BNP

Paribas

SA

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.20%),

4.63%

(a)(b)(r)

...

USD

848

844,822

Clariane

SE,

0.88%,

03/06/27

(c)(p)

...

EUR

3,098

2,122,025

Forvia

SE

2.75%,

02/15/27

(c)

...........

1,272

1,505,130

6.75%,

09/15/33

(a)

...........

USD

1,675

1,717,446

FR

Bondco

SAS,

6.88%,

10/31/32

(c)

.

EUR

1,460

1,754,727

Goldstory

SAS

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.00%),

6.05%,

02/01/30

(a)(b)

..

3,297

3,808,076

6.75%,

02/01/30

(a)

...........

3,678

4,293,747

6.75%,

02/01/30

(c)

...........

226

263,835

Iliad

SA,

4.25%,

01/09/32

(c)

.......

3,300

3,958,484

IPD

3

BV,

5.50%,

06/15/31

(c)

......

4,504

5,320,683

Lion/Polaris

Lux

4

SA,

(3-mo.

EURIBOR

+

3.63%),

5.64%,

07/01/29

(b)(c)

...............

2,837

3,383,175

Loxam

SAS,

6.38%,

05/31/29

(c)

....

4,432

5,430,668

Lune

Holdings

SARL,

5.63%,

11/15/28

(c)

2,747

317,493

Maya

SAS

5.63%,

10/15/28

(c)

...........

7,356

8,841,203

7.00%,

10/15/28

(a)

...........

USD

303

306,478

6.88%,

04/15/31

(c)

...........

EUR

310

391,774

7.00%,

04/15/32

(a)

...........

USD

200

204,992

New

Immo

Holding

SA

(c)

5.88%,

04/17/28

............

EUR

1,000

1,230,713

4.88%,

12/08/28

............

3,200

3,865,296

4.95%,

11/14/30

............

800

962,419

Opal

Bidco

SAS,

6.50%,

03/31/32

(a)

.

USD

200

204,084

Paprec

Holding

SA,

4.13%,

07/15/30

(c)

EUR

3,606

4,305,698

RCI

Banque

SA

(b)(c)

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.75%),

5.50%,

10/09/34

....

2,200

2,748,781

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.20%),

4.75%,

03/24/37

....

1,700

2,067,544

Sabena

Technics

SAS,

(Acquired

10/28/22,

cost

$7,137,283),

(3-mo.

EURIBOR

+

5.00%),

7.02%,

09/30/29

(b)(d)(j)

..............

7,221

8,559,866

Seche

Environnement

SACA,

4.50%,

03/25/30

(c)

................

412

497,922

79,059,274

Germany

—

0.5%

Alstria

Office

AG

(c)

4.25%,

10/15/29

............

1,000

1,183,219

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

15

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Germany

(continued)

5.50%,

03/20/31

............

EUR

1,700

$

2,071,961

APCOA

GmbH

,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.13%),

6.14%,

04/15/31

(b)(c)

...............

1,864

2,209,888

BRANICKS

Group

AG,

2.25%,

09/22/26

(c)

................

800

683,224

Commerzbank

AG,

(5-Year

EUR

Swap

Annual

+

4.39%),

4.25%

(b)(c)(r)

....

1,200

1,424,007

DEMIRE

Deutsche

Mittelstand

Real

Estate

AG,

5.00%,

12/31/27

(c)(q)

..

4,668

5,177,516

Deutsche

Bank

AG,

(5-Year

EURIBOR

ICE

Swap

Rate

+

4.55%),

4.50%

(b)(c)

(r)

.......................

800

948,858

Dynamo

Newco

II

GmbH,

6.25%,

10/15/31

(c)

................

1,173

1,393,177

Envalior

Deutschland

Gmbh

,

11.62%,

(11.62%

Cash

or

11.62%

PIK),

04/01/31

(d)(o)

...............

13,270

14,216,605

Fressnapf

Holding

SE,

5.25%,

10/31/31

(c)

................

1,322

1,574,535

Gruenenthal

GmbH,

4.63%,

11/15/31

(c)

2,624

3,147,064

IHO

Verwaltungs

GmbH

(c)(o)

8.75%,

(8.75%

Cash

or

9.50%

PIK),

05/15/28

(b)

..............

4,042

4,967,394

7.00%,

(7.00%

Cash

or

7.75%

PIK),

11/15/31

...............

2,501

3,208,631

Mahle

GmbH,

6.50%,

05/02/31

(a)

...

4,782

5,911,312

MTU

Aero

Engines

AG,

0.13%,

07/15/33

(c)(p)

...............

500

596,914

Nidda

Healthcare

Holding

GmbH,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.28%,

10/15/32

(b)(c)

....

4,703

5,602,972

PrestigeBidCo

GmbH

,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.75%),

5.77%,

07/01/29

(b)(c)

..........

2,141

2,556,857

Progroup

AG

(a)

5.13%,

04/15/29

............

1,403

1,706,482

5.38%,

04/15/31

............

1,427

1,729,122

Schaeffler

AG

(c)

4.25%,

04/01/28

............

800

968,631

5.38%,

04/01/31

............

600

755,699

TAG

Immobilien

AG,

0.63%,

03/11/31

(c)

(p)

......................

1,300

1,607,808

Techem

Verwaltungsgesellschaft

675

mbH

,

4.63%,

07/15/32

(c)

.......

800

954,587

TK

Elevator

Midco

GmbH,

4.38%,

07/15/27

(c)

................

10,325

12,283,576

TUI

Cruises

GmbH

6.25%,

04/15/29

(a)

...........

3,244

3,984,357

5.00%,

05/15/30

(c)

...........

994

1,212,532

Vonovia

SE,

Series

B,

0.88%,

05/20/32

(c)(p)

...............

1,700

1,955,467

ZF

Europe

Finance

BV,

7.00%,

06/12/30

(c)

................

2,100

2,653,310

ZF

North

America

Capital,

Inc.

(a)

6.88%,

04/14/28

............

USD

550

567,872

7.13%,

04/14/30

............

2,891

2,958,618

6.75%,

04/23/30

............

879

881,316

7.50%,

03/24/31

............

150

153,748

6.88%,

04/23/32

............

150

149,575

91,396,834

Security

Par

(000)

Par

(000)

Value

Greece

—

0.0%

(b)(c)

Eurobank

SA,

(1-Year

EURIBOR

ICE

Swap

Rate

+

1.70%),

4.00%,

02/07/36

.................

EUR

2,676

$

3,199,763

National

Bank

of

Greece

SA

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.15%),

5.88%,

06/28/35

............

1,357

1,741,479

4,941,242

Hong

Kong

—

0.0%

Cas

Capital

No.

2

Ltd.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.53%),

6.25%

(b)

(c)(r)

.....................

USD

200

202,075

Elect

Global

Investments

Ltd.,

4.85%

(c)(r)

200

156,000

FWD

Group

Holdings

Ltd.

(a)

5.25%,

09/22/30

............

500

502,340

5.84%,

09/22/35

............

950

960,640

HKT

Capital

No.

6

Ltd.,

3.00%,

01/18/32

(c)

................

900

828,036

Link

Finance

Cayman

2009

Ltd.

(The),

4.88%,

02/02/36

(c)

...........

685

680,904

Melco

Resorts

Finance

Ltd.

(a)

7.63%,

04/17/32

............

588

615,562

6.50%,

09/24/33

............

803

800,242

MTR

Corp.

CI

Ltd.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

1.46%),

5.63%

(b)(c)(r)

...

400

420,700

Peak

RE

Bvi

Holding

Ltd.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.00%),

5.63%

(b)

(c)(r)

.....................

425

429,648

5,596,147

India

—

0.1%

Axis

Bank

Ltd.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.32%),

4.10%

(b)(c)(r)

...

500

496,250

Clean

Renewable

Power

Mauritius

Pte.

Ltd.,

4.25%,

03/25/27

(c)

........

770

754,407

Continuum

Energy

Aura

Pte.

Ltd.,

9.50%,

02/24/27

(c)

...........

1,000

1,016,250

Continuum

Green

Energy

India

Pvt,

7.50%,

06/26/33

(c)

...........

306

319,044

Diamond

II

Ltd.

7.95%,

07/28/26

(a)

...........

600

600,000

7.95%,

07/28/26

(c)

...........

1,000

1,000,000

Greenko

Wind

Projects

Mauritius

Ltd.,

7.25%,

09/27/28

(a)

...........

202

206,398

India

Cleantech

Energy,

4.70%,

08/10/26

(c)

................

759

753,019

India

Green

Power

Holdings,

4.00%,

02/22/27

(c)

................

520

509,834

IRB

Infrastructure

Developers

Ltd.,

7.11%,

03/11/32

(c)

...........

500

521,190

Muthoot

Finance

Ltd.

(c)

6.38%,

04/23/29

............

300

306,900

6.38%,

03/02/30

............

1,235

1,264,146

5.75%,

08/04/30

............

285

284,644

Periama

Holdings

LLC,

5.95%,

04/19/26

(c)

................

891

892,336

Piramal

Finance

Ltd.,

7.80%,

01/29/28

(c)

315

324,450

REI

Agro

Ltd.

(d)(f)(n)(p)

5.50%,

11/13/14

(a)

...........

8,271

1

5.50%,

11/13/14

(c)

...........

44,430

4

ReNew

Pvt

Ltd.,

5.88%,

03/05/27

(c)

..

347

346,306

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

16

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

India

(continued)

Renew

Treasury

Ifsc

Pvt

Ltd.,

6.50%,

02/02/31

(a)

................

USD

628

$

630,512

Sammaan

Capital

Ltd.,

7.50%,

10/16/30

(c)

................

1,020

1,026,691

Vedanta

Resources

Finance

II

plc

10.88%,

09/17/29

(a)

..........

706

754,538

10.88%,

09/17/29

(c)

..........

800

855,000

9.48%,

07/24/30

(c)

...........

260

273,780

11.25%,

12/03/31

(a)

..........

292

323,390

9.85%,

04/24/33

(a)

...........

478

514,447

13,973,537

Indonesia

—

0.0%

Freeport

Indonesia

PT

(c)

4.76%,

04/14/27

............

620

621,488

6.20%,

04/14/52

............

800

811,020

Medco

Cypress

Tree

Pte.

Ltd.,

8.63%,

05/19/30

(a)

................

357

376,778

Medco

Laurel

Tree

Pte.

Ltd.,

6.95%,

11/12/28

(c)

.................

200

200,596

Medco

Maple

Tree

Pte.

Ltd.

8.96%,

04/27/29

(a)

...........

300

313,050

8.96%,

04/27/29

(c)

...........

1,000

1,043,500

Minejesa

Capital

BV

5.63%,

08/10/37

(a)

...........

781

772,300

5.63%,

08/10/37

(c)

...........

500

494,430

Nickel

Industries

Ltd.,

9.00%,

09/30/30

(c)

................

320

335,200

Star

Energy

Geothermal

Darajat

II,

4.85%,

10/14/38

(c)

...........

200

193,000

Star

Energy

Geothermal

Wayang

Windu

Ltd.,

6.75%,

04/24/33

(c)

...

309

317,004

5,478,366

Ireland

—

0.1%

Cedacri

SpA

,

(3-mo.

EURIBOR

at

4.63%

Floor

+

4.63%),

6.69%,

05/15/28

(b)(c)

...............

EUR

887

1,051,679

eircom

Finance

DAC,

5.00%,

04/30/31

(c)

2,625

3,165,764

Flutter

Treasury

DAC,

4.00%,

06/04/31

(c)

................

1,888

2,236,284

GGAM

Finance

Ltd.

(a)

8.00%,

02/15/27

............

USD

140

142,230

6.88%,

04/15/29

............

288

297,961

Virgin

Media

O2

Vendor

Financing

Notes

V

DAC,

7.88%,

03/15/32

(c)

.

GBP

889

1,193,343

Virgin

Media

O2

Vendor

Financing

Notes

VII

DAC,

7.50%,

07/15/33

(c)

EUR

2,766

3,265,118

11,352,379

Israel

—

0.1%

Energean

plc

5.63%,

05/12/31

(c)

...........

1,150

1,369,127

5.63%,

05/12/31

(a)

...........

575

684,563

Teva

Pharmaceutical

Finance

Netherlands

II

BV

7.38%,

09/15/29

............

706

941,464

7.88%,

09/15/31

............

4,258

6,050,356

Teva

Pharmaceutical

Finance

Netherlands

III

BV

3.15%,

10/01/26

............

USD

151

149,886

4.75%,

05/09/27

............

334

333,582

9,528,978

Security

Par

(000)

Par

(000)

Value

Italy

—

0.5%

A2A

SpA

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.26%),

5.00%

(b)(c)(r)

.....

EUR

1,073

$

1,324,714

Agrifarma

SpA

,

4.50%,

10/31/28

(a)

..

9,506

11,333,424

Almaviva-The

Italian

Innovation

Co.

SpA

,

5.00%,

10/30/30

(c)

.......

3,501

4,114,205

Bubbles

Bidco

SpA

(c)

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.25%),

6.27%,

09/30/31

(b)

...

2,195

2,624,376

6.50%,

09/30/31

............

1,518

1,847,572

Dolcetto

Holdco

SpA

(c)

5.63%,

07/14/32

............

2,013

2,427,254

(3-mo.

EURIBOR

+

3.63%),

5.73%,

07/14/32

(b)

..............

432

517,206

Duomo

Bidco

SpA

,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.31%,

01/15/32

(b)(c)

...............

2,297

2,729,904

Engineering

-

Ingegneria

Informatica

-

SpA

,

11.13%,

05/15/28

(c)

.......

4,426

5,486,369

Fedrigoni

SpA

,

6.13%,

06/15/31

(c)

...

3,500

4,005,158

Fiber

Midco

SpA

,

10.75%,

(10.75%

Cash

or

10.75%

PIK),

06/15/29

(c)(o)

1,440

1,285,233

Fibercop

SpA

4.75%,

06/30/30

(c)

...........

774

939,371

5.13%,

06/30/32

(c)

...........

891

1,080,507

Series

2036,

7.20%,

07/18/36

(a)

..

USD

345

349,078

FIS

Fabbrica

Italiana

Sintetici

SpA

(c)

5.63%,

08/01/27

............

EUR

2,032

2,409,631

(3-mo.

EURIBOR

+

3.25%),

5.27%,

02/05/31

(b)

..............

672

796,412

Gruppo

San

Donato

SpA

,

6.50%,

10/31/31

(c)

................

1,195

1,436,076

IMA

Industria

Macchine

Automatiche

SpA

(b)

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.75%),

5.77%,

04/15/29

(c)

...

1,719

2,044,246

(3-mo.

EURIBOR

+

3.75%),

5.77%,

04/15/29

(a)

..............

3,211

3,818,541

Intesa

Sanpaolo

SpA

,

(5-Year

EUR

Swap

Annual

+

5.85%),

5.50%

(b)(c)(r)

505

616,141

Irca

SpA

,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.75%),

5.85%,

12/15/29

(b)(c)

1,178

1,399,252

Italmatch

Chemicals

SpA

(c)

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.13%),

6.23%,

02/05/31

(b)

...

1,275

1,513,256

6.25%,

02/05/31

............

536

637,190

Itelyum

Regeneration

SpA

,

5.75%,

04/15/30

(c)

................

1,539

1,850,984

Lottomatica

Group

SpA

(c)

5.38%,

06/01/30

............

847

1,035,953

4.88%,

01/31/31

............

1,600

1,951,406

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.31%,

06/01/31

(b)

...

1,257

1,498,074

Midnights

SPV

SRL,

(3-mo.

EURIBOR

+

3.15%),

5.20%,

08/22/26

(b)(c)(d)

..

8,169

9,669,387

Multiversity

SpA

(c)

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.25%),

6.28%,

05/17/31

(b)

...

1,135

1,349,262

7.13%,

05/17/31

............

1,244

1,551,522

Rossini

SARL

(c)

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.88%),

5.89%,

12/31/29

(b)

...

802

962,457

6.75%,

12/31/29

............

1,331

1,646,323

Snam

SpA

,

Series

IG,

1.75%,

01/14/31

(c)(p)

...............

2,200

2,620,314

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

17

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Italy

(continued)

Taurus

Law

130

Securities

SRL,

(Acquired

07/14/23

,

cost

$7,933,534),

(3-mo.

EURIBOR

+

3.25%),

5.77%,

08/22/27

(b)(c)(d)(j)

..

EUR

7,166

$

8,447,425

TeamSystem

SpA

(c)

5.00%,

07/01/31

............

604

708,279

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.52%,

07/31/31

(b)

...

1,833

2,166,885

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.27%,

07/01/32

(b)

...

1,471

1,732,917

Telecom

Italia

Capital

SA,

7.72%,

06/04/38

.................

USD

872

974,220

92,900,524

Jamaica

—

0.0%

Digicel

International

Finance

Ltd.,

8.63%,

08/01/32

(a)

...........

1,316

1,368,403

Japan

—

0.2%

Kioxia

Holdings

Corp.,

6.25%,

07/24/30

(a)

................

213

220,042

Nissan

Motor

Co.

Ltd.

5.25%,

07/17/29

(c)

...........

EUR

2,852

3,479,254

4.81%,

09/17/30

(a)

...........

USD

520

490,903

7.75%,

07/17/32

(a)

...........

200

211,076

Nomura

Holdings,

Inc.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.08%),

7.00%

(b)

(r)

.......................

500

519,457

Rakuten

Group,

Inc.

9.75%,

04/15/29

(a)

...........

200

224,071

9.75%,

04/15/29

(c)

...........

260

291,292

SoftBank

Group

Corp.

(c)

5.38%,

01/08/29

............

EUR

2,744

3,340,651

3.38%,

07/06/29

............

265

304,685

5.25%,

10/10/29

............

1,354

1,634,970

6.88%,

01/10/31

............

USD

736

732,147

5.88%,

07/10/31

............

EUR

4,753

5,799,432

5.75%,

07/08/32

............

5,676

6,826,477

6.38%,

07/10/33

............

3,624

4,425,810

Sumitomo

Mitsui

Financial

Group,

Inc.,

(1-day

SOFR

+

1.36%),

5.57%,

01/15/47

(b)

................

USD

300

299,744

28,800,011

Jersey,

Channel

Islands

—

0.1%

Aston

Martin

Capital

Holdings

Ltd.

10.00%,

03/31/29

(a)

..........

3,583

3,197,969

10.38%,

03/31/29

(c)

..........

GBP

2,601

3,202,095

Deepocean

Ltd.,

6.00%,

04/08/31

(c)

..

EUR

866

1,064,357

7,464,421

Kazakhstan

—

0.0%

KazMunayGas

National

Co.

JSC,

5.75%,

04/19/47

(c)

...........

USD

617

578,129

Kuwait

—

0.0%

EQUATE

Petrochemical

Co.

KSC,

4.25%,

11/03/26

(c)

...........

653

651,776

Luxembourg

—

0.4%

ADLER

Financing

SARL,

8.25%,

(8.25%

Cash

or

8.25%

PIK),

12/31/28

(o)

................

EUR

7,176

8,848,968

Albion

Financing

1

SARL

5.38%,

05/21/30

(c)

...........

2,009

2,460,268

7.00%,

05/21/30

(a)

...........

USD

200

208,452

Altice

Financing

SA,

3.00%,

01/15/28

(c)

EUR

3,234

2,750,366

Security

Par

(000)

Par

(000)

Value

Luxembourg

(continued)

Breakwater

Energy

Holdings

SARL,

9.25%,

11/15/30

(a)

...........

USD

1,450

$

1,522,191

Currenta

Group

Holdings

SARL

(c)

5.50%,

05/15/30

............

EUR

1,512

1,837,620

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.00%),

6.06%,

05/15/32

(b)

...

701

833,211

Garfunkelux

Holdco

3

SA,

9.00%,

09/01/28

(c)

................

3,559

4,108,175

Herens

Holdco

SARL,

4.75%,

05/15/28

(a)

................

USD

592

520,888

Herens

Midco

SARL,

5.25%,

05/15/29

(a)

EUR

5,067

3,107,964

INEOS

Finance

plc

7.50%,

04/15/29

(a)

...........

USD

500

418,777

7.25%,

03/31/31

(c)

...........

EUR

2,640

2,616,228

ION

Platform

Finance

SARL

7.88%,

05/01/29

(a)

...........

5,180

5,972,362

6.50%,

09/30/30

(c)

...........

1,427

1,555,235

6.88%,

09/30/32

(c)

...........

1,099

1,174,402

Kleopatra

Finco

SARL,

0.00%,

01/30/31

(d)(e)

...............

3,521

3,756,121

Luna

1.5

SARL,

10.36%,

(10.36%

Cash

or

11.25%

PIK),

07/01/32

(c)(o)

....

1,421

1,758,697

Luna

2.5

SARL,

5.50%,

07/01/32

(c)

..

866

1,046,400

Maxam

Prill

SARL,

6.00%,

07/15/30

(c)

3,746

4,609,585

Summer

BC

Holdco

B

SARL

(c)

5.88%,

02/15/30

............

1,419

1,563,694

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.25%),

6.31%,

02/15/30

(b)

...

1,200

1,336,167

Vivion

Investments

SARL

(c)

8.25%,

(8.25%

Cash

or

8.25%

PIK),

08/31/28

(o)

..............

718

844,116

8.25%,

(8.25%

Cash

or

8.00%

PIK),

02/28/29

(o)

..............

3,241

3,826,021

5.63%,

06/08/30

............

4,186

4,888,023

61,563,931

Macau

—

0.0%

MGM

China

Holdings

Ltd.,

5.88%,

05/15/26

(c)

................

USD

796

796,477

SJM

International

Ltd.,

6.50%,

01/15/31

(c)

................

500

495,750

Studio

City

Finance

Ltd.,

5.00%,

01/15/29

(c)

................

1,822

1,763,423

Wynn

Macau

Ltd.

5.50%,

10/01/27

(a)

...........

222

221,558

5.63%,

08/26/28

(a)

...........

200

199,638

5.63%,

08/26/28

(c)

...........

1,915

1,911,534

6.75%,

02/15/34

(a)

...........

640

648,800

6,037,180

Malaysia

—

0.0%

(c)

CIMB

Bank

Bhd.,

2.13%,

07/20/27

..

700

681,331

Dua

Capital

Ltd.,

2.78%,

05/11/31

...

1,000

922,390

Gohl

Capital

Ltd.,

4.25%,

01/24/27

..

1,362

1,354,632

2,958,353

Mauritius

—

0.3%

(d)

Flourishing

Trade

&

Investment

Ltd.,

11.04%,

04/02/28

(a)

..........

24,828

25,820,972

Resurgent

Trade

and

Investments

Ltd.,

9.51%,

12/05/27

(c)

...........

18,815

18,862,038

44,683,010

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

18

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Mexico

—

0.2%

BBVA

Mexico

SA

Institucion

De

Banca

Multiple

Grupo

Financiero

BBVA

Mexico,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.38%),

7.63%,

02/11/35

(b)(c)

...

USD

311

$

328,626

Fomento

Economico

Mexicano

SAB

de

CV,

2.63%,

02/24/26

(c)(p)

.......

EUR

6,100

7,228,419

Petroleos

Mexicanos

,

7.50%,

03/20/26

(a)

................

USD

25,612

25,644,015

Trust

2401

(a)

7.70%,

01/23/32

............

224

245,918

6.95%,

01/30/44

............

341

353,917

Trust

Fibra

Uno,

7.70%,

01/23/32

(c)

..

447

488,303

34,289,198

Netherlands

—

0.2%

Boels

Topholding

BV

6.25%,

02/15/29

(c)

...........

EUR

5,924

7,239,189

5.75%,

05/15/30

(a)

...........

1,023

1,251,235

ING

Groep

NV

(b)(r)

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.86%),

3.88%

...........

USD

2,400

2,349,803

(USISSO05

+

4.08%),

7.25%

(c)

..

2,050

2,188,822

Sunrise

FinCo

.

I

BV,

4.88%,

07/15/31

(a)

5,820

5,574,512

Trivium

Packaging

Finance

BV

6.63%,

07/15/30

(c)

...........

EUR

720

900,444

12.25%,

01/15/31

(a)

..........

USD

489

535,068

VZ

Secured

Financing

BV

5.00%,

01/15/32

(a)

...........

215

194,136

5.25%,

01/15/33

(c)

...........

EUR

2,887

3,321,103

VZ

Vendor

Financing

II

BV,

2.88%,

01/15/29

(c)

................

5,928

6,680,969

Ziggo

BV,

4.88%,

01/15/30

(a)

......

USD

343

323,814

30,559,095

Nigeria

—

0.0%

IHS

Holding

Ltd.,

6.25%,

11/29/28

(a)

.

740

736,300

Pakistan

—

0.0%

Veon

Midco

BV,

3.38%,

11/25/27

(a)

..

776

739,862

Peru

—

0.0%

(a)

Marcobre

SAC,

5.75%,

01/22/36

...

561

557,676

Pluspetrol

Camisea

SA,

6.24%,

07/03/36

.................

606

640,427

Volcan

Cia

Minera

SAA,

8.50%,

10/28/32

.................

661

684,135

1,882,238

Philippines

—

0.0%

(c)(r)

ACEN

Finance

Ltd.,

4.00%

.......

266

174,230

Globe

Telecom,

Inc.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

5.53%),

4.20%

(b)

400

398,500

Petron

Corp.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

7.57%),

5.95%

(b)

...........

245

244,138

San

Miguel

Global

Power

Holdings

Corp.

(b)

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

6.40%),

8.13%

...........

1,000

1,010,000

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

7.12%),

8.38%

...........

300

303,375

2,130,243

Security

Par

(000)

Par

(000)

Value

Portugal

—

0.0%

EDP

SA,

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.40%),

4.63%,

09/16/54

(b)(c)

EUR

2,200

$

2,687,134

Republic

of

Turkiye

—

0.0%

TAV

Havalimanlari

Holding

A/S,

8.50%,

12/07/28

(c)

................

USD

594

614,790

Turk

Telekomunikasyon

A/S,

6.95%,

10/07/32

(a)

................

611

623,409

Turkcell

Iletisim

Hizmetleri

A/S,

7.65%,

01/24/32

(a)

................

681

723,137

1,961,336

Saudi

Arabia

—

0.0%

(b)(c)(r)

Al

Rajhi

Sukuk

Ltd.,

(6-Year

USD

Constant

Maturity

+

1.59%),

6.25%

1,181

1,188,747

Riyad

T1

Sukuk

Ltd.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

1.91%),

5.50%

500

493,975

1,682,722

Singapore

—

0.1%

Continuum

Energy

Pte.

Ltd.,

12.85%,

09/11/27

(a)(d)

...............

7,925

7,905,046

Lendlease

Asia

Treasury

Pte.

Ltd.,

(SDSOA5

+

4.46%),

3.90%

(b)(c)(r)

..

SGD

500

393,640

Puma

International

Financing

SA,

7.75%,

04/25/29

(c)

...........

USD

435

450,089

United

Overseas

Bank

Ltd.,

(SDSOA7

+

0.94%),

3.00%

(b)(c)(r)

..........

SGD

1,000

784,726

9,533,501

Slovenia

—

0.0%

United

Group

BV

(3-mo.

EURIBOR

at

4.25%

Floor

+

4.25%),

6.31%,

02/15/31

(a)(b)

..

EUR

4,006

4,744,191

6.50%,

10/31/31

(c)

...........

857

1,051,058

5,795,249

South

Africa

—

0.0%

Bidvest

Group

UK

plc

(The),

6.20%,

09/17/32

(a)

................

USD

298

303,403

Sappi

Papier

Holding

GmbH,

4.50%,

03/15/32

(c)

................

EUR

1,425

1,612,342

Sasol

Financing

USA

LLC

4.38%,

09/18/26

............

USD

214

212,219

6.50%,

09/27/28

............

551

547,727

Stillwater

Mining

Co.,

4.50%,

11/16/29

(a)

630

604,800

3,280,491

South

Korea

—

0.0%

Tongyang

Life

Insurance

Co.

Ltd.

,

(5-

Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.40%),

6.25%,

05/07/35

(b)(c)

..........

500

520,205

Spain

—

0.2%

(c)

Arena

Luxembourg

Finance

SARL

,

(3-mo.

EURIBOR

at

0.00%

Floor

+

2.50%),

4.55%,

05/01/30

(b)

.....

EUR

1,912

2,287,552

Banco

Bilbao

Vizcaya

Argentaria

SA,

(5-Year

EURIBOR

ICE

Swap

Rate

+

5.54%),

8.38%

(b)(r)

...........

1,000

1,308,366

Bankinter

SA

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

4.71%),

7.38%

(b)(r)

..

1,000

1,280,107

CaixaBank

SA

(b)(r)

(5-Year

EUR

Swap

Annual

+

6.35%),

5.88%

...........

2,000

2,456,069

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

19

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Spain

(continued)

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.94%),

6.25%

...........

EUR

1,200

$

1,521,989

Cellnex

Telecom

SA,

0.75%,

11/20/31

(p)

1,400

1,501,967

Cirsa

Finance

International

SARL

7.88%,

07/31/28

............

4,003

4,939,641

4.88%,

10/15/31

............

660

799,068

(3-mo.

EURIBOR

+

3.00%),

5.10%,

10/15/32

(b)

..............

968

1,158,026

Grifols

SA

7.13%,

05/01/30

............

1,290

1,598,610

7.50%,

05/01/30

............

900

1,116,617

Iberdrola

Finanzas

SA,

Series

IBE,

1.50%,

03/27/30

(p)

...........

1,800

2,427,545

Kaixo

Bondco

Telecom

SA,

5.13%,

09/30/29

.................

1,841

2,206,559

24,602,116

Sweden

—

0.1%

Heimstaden

AB,

8.38%,

01/29/30

(c)

..

705

894,367

Heimstaden

Bostad

Treasury

BV,

1.38%,

03/03/27

(c)

...........

1,286

1,504,107

Intrum

Investments

&

Financing

AB

(c)

8.00%,

09/11/27

............

2,575

3,089,436

8.50%,

09/11/29

............

985

1,027,473

Stena

International

SA

7.25%,

01/15/31

(c)

...........

USD

7,300

7,500,183

7.63%,

02/15/31

(a)

...........

200

206,983

Verisure

Midholding

AB,

5.25%,

02/15/29

(c)

................

EUR

5,268

6,252,421

20,474,970

Switzerland

—

0.0%

gategroup

Finance

Luxembourg

SA,

3.00%,

02/28/27

(c)

...........

CHF

2,950

3,816,614

UBS

Group

AG

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.40%),

4.88%

(a)(b)(r)

...

USD

886

882,769

VistaJet

Malta

Finance

plc,

6.38%,

02/01/30

(a)

................

285

270,398

4,969,781

Taiwan

—

0.0%

Nanshan

Life

Pte.

Ltd.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

1.85%),

5.88%,

03/17/41

(b)(c)

...............

375

375,386

Thailand

—

0.0%

(c)

GC

Treasury

Center

Co.

Ltd.

(b)(r)

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.82%),

6.50%

...........

1,190

1,203,150

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.16%),

7.13%

...........

855

875,306

Krung

Thai

Bank

PCL,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.53%),

4.40%

(b)

(r)

.......................

596

594,882

Minor

International

PCL,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

7.92%),

2.70%

(b)

(r)

.......................

1,000

990,930

Muang

Thai

Life

Assurance

PCL

,

(10-

Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.40%),

3.55%,

01/27/37

(b)

...........

251

248,377

Security

Par

(000)

Par

(000)

Value

Thailand

(continued)

Muangthai

Capital

PCL

6.88%,

09/30/28

............

USD

1,000

$

1,016,600

7.55%,

07/21/30

............

305

316,163

Thaioil

Treasury

Center

Co.

Ltd.,

(5-

Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.38%),

6.10%

(b)(r)

.................

315

316,355

5,561,763

Ukraine

—

0.0%

(a)

MHP

Lux

SA,

10.50%,

07/28/29

....

318

327,540

VF

Ukraine

PAT,

9.62%,

02/11/27

(q)

..

452

445,600

773,140

United

Arab

Emirates

—

0.0%

Abu

Dhabi

Commercial

Bank

PJSC

,

(5-

Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.52%),

8.00%

(b)(c)(r)

................

555

588,300

Alpha

Star

Holding

IX

Ltd.,

7.00%,

08/26/28

(c)

................

720

736,200

MDGH

GMTN

RSC

Ltd.,

4.38%,

11/22/33

(a)

................

578

562,897

Sobha

Sukuk

I

Holding

Ltd.,

7.13%,

09/11/30

(c)

.................

554

559,889

2,447,286

United

Kingdom

—

1.0%

10x

Future

Technologies

Services

Ltd.,

(Acquired

12/19/23,

cost

$9,571,497),

15.00%,

(15.00%

Cash

or

15.00%

PIK),

06/19/26

(d)

(j)(o)

...

GBP

7,516

8,073,702

Amber

Finco

plc,

6.63%,

07/15/29

(c)

.

EUR

3,411

4,230,059

Ardonagh

Finco

Ltd.

(a)

6.88%,

02/15/31

............

9,043

11,013,263

7.75%,

02/15/31

............

USD

400

413,511

Avianca

Midco

2

plc,

9.50%,

01/28/31

(a)

405

413,221

BCP

V

Modular

Services

Finance

II

plc

6.13%,

11/30/28

(a)

...........

GBP

9,060

11,899,440

6.13%,

11/30/28

(c)

...........

503

660,642

BCP

V

Modular

Services

Finance

plc,

6.75%,

11/30/29

(a)

...........

EUR

6,807

6,598,628

Bellis

Acquisition

Co.

plc

8.00%,

07/01/31

(c)

...........

5,133

5,758,152

Biffa

Group

Holdings

Ltd.

(c)

5.25%,

06/15/31

............

1,292

1,531,679

7.38%,

06/15/31

............

GBP

2,575

3,582,491

Bracken

MidCo1

plc,

6.75%,

(6.75%

Cash

or

7.50%

PIK),

11/01/27

(c)(o)

.

1,133

1,542,471

British

Telecommunications

plc,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.49%),

4.88%,

11/23/81

(a)(b)

..........

USD

2,800

2,732,213

California

Buyer

Ltd.

5.63%,

02/15/32

(c)

...........

EUR

1,873

2,246,326

6.38%,

02/15/32

(a)

...........

USD

150

149,579

CD&R

Firefly

Bidco

plc,

8.63%,

04/30/29

(c)

................

GBP

749

1,071,808

Connect

Finco

SARL,

9.00%,

09/15/29

(a)

................

USD

280

297,183

ContourGlobal

Power

Holdings

SA,

5.00%,

02/28/30

(c)

...........

EUR

1,602

1,949,313

Deuce

Finco

plc

(c)

7.00%,

11/20/31

............

GBP

1,804

2,505,037

(3-mo.

EURIBOR

+

3.50%),

5.55%,

11/20/32

(b)

..............

EUR

1,668

1,992,525

Edge

Finco

plc,

8.13%,

08/15/31

(c)

..

GBP

3,888

5,672,771

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

20

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

Kingdom

(continued)

EG

Global

Finance

plc,

12.00%,

11/30/28

(a)

................

USD

4,257

$

4,607,696

Entain

plc,

4.88%,

11/30/31

(c)

......

EUR

1,500

1,784,101

Froneri

Lux

FinCo

SARL

(c)

4.75%,

08/01/32

............

1,791

2,141,524

Series

JAN,

4.75%,

08/01/32

....

236

282,189

Global

Switch

Finance

BV,

1.38%,

10/07/30

(c)

................

1,788

1,994,617

Heathrow

Finance

plc,

6.63%,

03/01/31

(c)

................

GBP

5,000

6,976,797

Howden

UK

Refinance

plc,

8.13%,

02/15/32

(a)

................

USD

400

407,575

HSBC

Holdings

plc,

(3-mo.

ASX

Australia

Bank

Bill

Short

Term

Rates

Mid

+

1.60%),

5.64%,

08/28/36

(b)(c)

AUD

400

271,476

INEOS

Quattro

Finance

2

plc

(c)

8.50%,

03/15/29

............

EUR

2,899

2,800,694

6.75%,

04/15/30

............

558

495,047

Ithaca

Energy

North

Sea

plc,

8.13%,

10/15/29

(a)

................

USD

1,800

1,876,154

Jaguar

Land

Rover

Automotive

plc

(a)

5.88%,

01/15/28

............

200

199,959

5.50%,

07/15/29

............

200

199,834

Lloyds

Banking

Group

plc

,

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

3.44%),

7.50%

(b)(r)

....

GBP

325

466,460

Mobico

Group

plc

(c)

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

4.14%),

4.25%

(b)(r)

...............

939

832,337

4.88%,

09/26/31

............

EUR

3,707

3,730,774

Motion

Finco

SARL,

7.38%,

06/15/30

(c)

1,382

1,429,542

NatWest

Group

plc

,

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

3.29%),

7.50%

(b)(r)

....

GBP

1,325

1,907,325

Ocado

Group

plc,

11.00%,

06/15/30

(c)

1,458

2,039,828

OEG

Finance

plc,

7.25%,

09/27/29

(c)

.

EUR

3,764

4,660,508

Pinewood

Finco

plc,

6.00%,

03/27/30

(a)

GBP

4,290

5,941,876

Pinnacle

Bidco

plc,

10.00%,

10/11/28

(c)

1,687

2,432,544

Standard

Chartered

plc

(b)(r)

(SDSOA5

+

2.26%),

4.30%

(c)

...

SGD

250

198,196

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.87%),

7.00%

(a)

..........

USD

800

823,136

Stonegate

Pub

Co.

Financing

2019

plc,

(3-mo.

EURIBOR

+

6.63%),

8.69%,

07/31/29

(b)(c)

...............

EUR

1,055

1,235,388

Stonegate

Pub

Co.

Financing

plc,

10.75%,

07/31/29

(c)

..........

GBP

1,743

2,398,128

Thames

Water

Utilities

Finance

plc,

4.00%,

06/19/27

(c)

...........

5,048

4,981,880

Trident

Energy

Finance

plc,

12.50%,

11/30/29

(c)

.................

USD

562

581,782

Virgin

Media

Secured

Finance

plc

5.50%,

05/15/29

(a)

...........

200

197,263

4.25%,

01/15/30

(c)

...........

GBP

2,488

3,161,348

4.13%,

08/15/30

(c)

...........

3,450

4,285,568

4.50%,

08/15/30

(a)

...........

USD

200

184,762

Virgin

Media

Vendor

Financing

Notes

III

DAC,

4.88%,

07/15/28

(c)

.......

GBP

8,538

11,661,888

Virgin

Media

Vendor

Financing

Notes

IV

DAC,

5.00%,

07/15/28

(a)

.......

USD

200

200,000

Vmed

O2

UK

Financing

I

plc

4.50%,

07/15/31

(c)

...........

GBP

2,048

2,486,011

4.75%,

07/15/31

(a)

...........

USD

1,633

1,492,166

5.63%,

04/15/32

(c)

...........

EUR

734

858,556

Security

Par

(000)

Par

(000)

Value

United

Kingdom

(continued)

Vodafone

Group

plc

(b)

(5-Year

USD

Swap

Semi

+

4.87%),

7.00%,

04/04/79

..........

USD

138

$

145,518

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.77%),

4.13%,

06/04/81

....

630

592,841

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

3.84%),

8.00%,

08/30/86

(c)

.........

GBP

1,528

2,298,583

Zegona

Finance

plc

(c)

6.75%,

07/15/29

............

EUR

3,188

3,965,988

6.75%,

07/15/29

............

2,595

3,227,870

166,789,743

United

States

—

4.6%

Acadia

Healthcare

Co.,

Inc.

(a)

5.50%,

07/01/28

............

USD

25

24,703

5.00%,

04/15/29

............

100

96,006

7.38%,

03/15/33

............

251

247,937

Acrisure

LLC

(a)

7.50%,

11/06/30

............

291

301,270

6.75%,

07/01/32

............

128

131,226

AdaptHealth

LLC,

4.63%,

08/01/29

(a)

.

103

99,485

Adient

Global

Holdings

Ltd.

(a)

7.00%,

04/15/28

............

100

102,274

7.50%,

02/15/33

............

300

311,503

ADT

Security

Corp.

(The)

(a)

4.13%,

08/01/29

............

56

54,560

5.88%,

10/15/33

............

27

27,371

Advance

Auto

Parts,

Inc.

3.90%,

04/15/30

............

370

341,918

7.38%,

08/01/33

(a)

...........

100

101,500

AECOM,

6.00%,

08/01/33

(a)

.......

123

126,001

Aethon

I

LP,

(3-mo.

CME

Term

SOFR

+

6.15%),

9.80%,

01/10/27

(a)(b)(d)

...

5,775

5,774,613

Aethon

United

BR

LP,

7.50%,

10/01/29

(a)

................

199

209,407

Albertsons

Cos.,

Inc.

(a)

4.63%,

01/15/27

............

308

307,770

3.50%,

03/15/29

............

179

171,798

5.63%,

03/31/32

............

150

149,848

6.25%,

03/15/33

............

100

102,110

Alexander

Funding

Trust

II,

7.47%,

07/31/28

(a)

................

2,591

2,758,617

Allegiant

Travel

Co.,

7.25%,

08/15/27

(a)

1,807

1,827,468

Alliant

Holdings

Intermediate

LLC

(a)

5.88%,

11/01/29

............

324

322,975

6.50%,

10/01/31

............

173

177,818

7.38%,

10/01/32

............

362

374,749

Allied

Universal

Holdco

LLC

4.88%,

06/01/28

(c)

...........

GBP

11,439

15,438,905

6.00%,

06/01/29

(a)

...........

USD

365

361,899

7.88%,

02/15/31

(a)

...........

137

144,182

Allison

Transmission,

Inc.

(a)

4.75%,

10/01/27

............

88

87,999

3.75%,

01/30/31

............

100

94,263

Ally

Financial,

Inc.

6.70%,

02/14/33

............

100

104,244

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.45%),

6.65%,

01/17/40

(b)

...

48

47,984

Alpha

Generation

LLC

(a)

6.75%,

10/15/32

............

169

175,219

6.25%,

01/15/34

............

22

22,143

Alumina

Pty.

Ltd.,

6.38%,

09/15/32

(a)

.

200

207,912

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

21

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

AMC

Networks,

Inc.

10.25%,

01/15/29

(a)

..........

USD

4,908

$

5,117,537

4.25%,

02/15/29

............

4,997

4,366,445

4.25%,

02/15/29

(p)

...........

1,994

1,844,450

10.50%,

07/15/32

(a)

..........

316

340,708

Amentum

Holdings,

Inc.,

7.25%,

08/01/32

(a)

................

94

99,059

American

Airlines

Pass-Through

Trust,

Series

2025-1,

Class

B,

5.65%,

11/11/34

..................

1,994

2,005,769

American

Airlines,

Inc.

(a)

7.25%,

02/15/28

............

200

203,615

5.75%,

04/20/29

............

400

404,161

8.50%,

05/15/29

............

38

39,653

American

Axle

&

Manufacturing,

Inc.

5.00%,

10/01/29

............

106

103,418

7.75%,

10/15/33

(a)

...........

185

190,314

American

National

Group,

Inc.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.18%),

7.00%,

12/01/55

(b)

...........

43

43,426

AmeriGas

Partners

LP

(a)

9.38%,

06/01/28

............

38

39,292

9.50%,

06/01/30

............

267

286,160

AmWINS

Group,

Inc.,

6.38%,

02/15/29

(a)

................

124

127,234

Antero

Midstream

Partners

LP

(a)

5.38%,

06/15/29

............

143

143,248

6.63%,

02/01/32

............

112

116,346

5.75%,

07/01/34

............

100

101,008

AP

Grange

Holdings

LLC,

(Acquired

06/21/24,

cost

$6,812,266),

6.50%,

03/20/45

(d)(j)

................

6,812

7,203,971

APLD

ComputeCo

LLC,

9.25%,

12/15/30

(a)

................

415

431,079

Aramark

Services,

Inc.,

5.00%,

02/01/28

(a)

................

43

42,976

Arches

Buyer,

Inc.,

4.25%,

06/01/28

(a)

120

118,020

Archrock

Partners

LP,

6.63%,

09/01/32

(a)

................

92

95,367

Ardagh

Group

SA

9.50%,

12/01/30

(a)

...........

9,586

10,358,256

12.00%,

(12.00%

Cash

or

6.50%

PIK),

12/01/30

(a)(b)(o)

........

18,934

17,615,720

12.00%,

(12.00%

Cash

or

7.50%

PIK),

12/01/30

(b)(c)(o)

........

EUR

7,674

8,435,439

Ardagh

Metal

Packaging

Finance

USA

LLC

2.00%,

09/01/28

(c)

...........

1,995

2,310,009

4.00%,

09/01/29

(a)

...........

USD

300

284,971

Ardagh

Packaging

Finance

plc,

9.50%,

12/01/30

(c)

................

4,560

4,927,225

Aretec

Group,

Inc.,

10.00%,

08/15/30

(a)

180

193,894

Arsenal

AIC

Parent

LLC

(a)

8.00%,

10/01/30

............

139

147,207

11.50%,

10/01/31

...........

117

128,924

Asbury

Automotive

Group,

Inc.

4.50%,

03/01/28

............

100

99,655

4.63%,

11/15/29

(a)

...........

100

98,478

5.00%,

02/15/32

(a)

...........

124

120,503

Ascent

Resources

Utica

Holdings

LLC

(a)

5.88%,

06/30/29

............

110

110,746

6.63%,

07/15/33

............

61

63,165

Ashton

Woods

USA

LLC,

6.88%,

08/01/33

(a)

................

1,472

1,485,127

ATI,

Inc.,

7.25%,

08/15/30

........

112

117,410

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Avantor

Funding,

Inc.

(a)

4.63%,

07/15/28

............

USD

194

$

192,507

3.88%,

11/01/29

............

141

135,394

Avianca

Midco

2

plc,

9.00%,

12/01/28

(c)

339

344,857

Avient

Corp.,

7.13%,

08/01/30

(a)

....

100

102,860

Avis

Budget

Car

Rental

LLC

(a)

8.00%,

02/15/31

............

110

112,450

8.38%,

06/15/32

............

389

400,175

Axon

Enterprise,

Inc.,

6.13%,

03/15/30

(a)

................

69

70,928

Azorra

Finance

Ltd.,

7.75%,

04/15/30

(a)

246

258,898

Ball

Corp.

6.00%,

06/15/29

............

306

315,063

4.25%,

07/01/32

............

EUR

1,971

2,387,018

Bath

&

Body

Works,

Inc.

7.50%,

06/15/29

............

USD

120

122,549

6.63%,

10/01/30

(a)

...........

93

95,242

Bausch

+

Lomb

Corp.,

8.38%,

10/01/28

(a)

................

790

823,575

Bausch

+

Lomb

Netherlands

BV

,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.88%),

5.89%,

01/15/31

(b)(c)

..........

EUR

1,067

1,277,544

BCPE

Flavor

Debt

Merger

Sub

LLC

&

BCPE

Flavor

Issuer,

Inc.,

9.50%,

07/01/32

(a)

................

USD

1,593

1,518,194

Beach

Acquisition

Bidco

LLC

5.25%,

07/15/32

(c)

...........

EUR

1,521

1,846,001

10.00%,

(10.00%

Cash

or

10.75%

PIK),

07/15/33

(a)(o)

.........

USD

316

346,338

Beignet

Investor

LLC,

6.58%,

05/30/49

(a)

................

31,037

32,316,245

Block,

Inc.

5.63%,

08/15/30

(a)

...........

352

358,281

6.50%,

05/15/32

............

217

225,453

6.00%,

08/15/33

(a)

...........

28

28,601

Blue

Racer

Midstream

LLC,

7.00%,

07/15/29

(a)

................

100

104,209

Bracelet

Holdings,

Inc.,

9.25%,

07/02/28

(a)

................

10,181

10,025,516

Breeze

Aviation

Group,

Inc.

(d)(j)(o)

(Acquired

01/26/24

,

cost

$10,343,265)

20.00%,

(20.00%

Cash

or

20.00%

PIK),

01/30/28

10,343

10,756,996

Series

B,(Acquired

01/26/24,

cost

$5,171,633)

20.00%,

(20.00%

Cash

or

20.00%

PIK),

01/30/28

5,172

5,378,498

Brink's

Co.

(The),

6.75%,

06/15/32

(a)

.

200

208,183

Buckeye

Partners

LP

4.13%,

12/01/27

............

184

181,880

6.88%,

07/01/29

(a)

...........

105

109,162

Builders

FirstSource

,

Inc.

(a)

5.00%,

03/01/30

............

169

168,384

4.25%,

02/01/32

............

107

101,985

6.38%,

03/01/34

............

217

224,525

Caesars

Entertainment,

Inc.

(a)

4.63%,

10/15/29

............

173

166,143

7.00%,

02/15/30

............

221

228,209

6.00%,

10/15/32

............

100

97,286

California

Resources

Corp.

(a)

8.25%,

06/15/29

............

2,222

2,337,056

7.00%,

01/15/34

............

2,679

2,702,267

Calpine

Corp.

(a)

4.50%,

02/15/28

............

116

115,898

5.13%,

03/15/28

............

193

192,905

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

22

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

CCO

Holdings

LLC

(a)

5.13%,

05/01/27

............

USD

126

$

126,051

5.00%,

02/01/28

............

199

197,904

5.38%,

06/01/29

............

150

148,336

6.38%,

09/01/29

............

100

100,956

4.75%,

03/01/30

............

200

191,060

4.50%,

08/15/30

............

276

259,396

4.25%,

02/01/31

............

615

563,060

4.75%,

02/01/32

............

1,902

1,737,259

4.50%,

06/01/33

............

224

195,993

4.25%,

01/15/34

............

192

162,181

7.38%,

02/01/36

............

100

100,120

Celanese

US

Holdings

LLC

6.50%,

04/15/30

............

108

109,880

7.00%,

02/15/31

............

134

137,065

7.38%,

07/15/32

(q)

...........

213

222,221

7.38%,

02/15/34

............

409

416,191

Centene

Corp.,

4.25%,

12/15/27

...

7,000

6,958,382

Century

Communities,

Inc.,

3.88%,

08/15/29

(a)

................

146

138,945

Charles

River

Laboratories

International,

Inc.,

3.75%,

03/15/29

(a)

191

184,233

Chemours

Co.

(The)

(a)

4.63%,

11/15/29

............

186

173,443

8.00%,

01/15/33

............

284

284,748

Chobani

LLC,

7.63%,

07/01/29

(a)

...

195

202,810

Chord

Energy

Corp.,

6.00%,

10/01/30

(a)

181

184,529

Churchill

Downs,

Inc.

(a)

5.50%,

04/01/27

............

25

24,996

4.75%,

01/15/28

............

235

234,198

6.75%,

05/01/31

............

100

103,033

Cinemark

USA,

Inc.,

7.00%,

08/01/32

(a)

161

166,591

Cipher

Compute

LLC,

7.13%,

11/15/30

(a)

................

564

581,152

Citigroup,

Inc.,

5.92%,

12/11/30

(b)(d)

..

9,218

9,191,176

Clarios

Global

LP

4.75%,

06/15/31

(c)

...........

EUR

2,538

3,056,533

6.75%,

09/15/32

(a)

...........

USD

399

412,977

Clarivate

Science

Holdings

Corp.,

3.88%,

07/01/28

(a)

...........

167

157,612

Clean

Harbors,

Inc.,

6.38%,

02/01/31

(a)

100

102,394

Clear

Channel

Outdoor

Holdings,

Inc.

(a)

7.88%,

04/01/30

............

271

285,327

7.13%,

02/15/31

............

100

104,280

7.50%,

03/15/33

............

145

154,068

Clearway

Energy

Operating

LLC

(a)

4.75%,

03/15/28

............

21

20,985

3.75%,

02/15/31

............

146

136,737

Cleveland-Cliffs,

Inc.

(a)

6.88%,

11/01/29

............

174

180,822

7.00%,

03/15/32

............

211

216,536

7.38%,

05/01/33

............

45

46,959

7.63%,

01/15/34

............

282

295,346

Cloud

Software

Group,

Inc.

(a)

6.50%,

03/31/29

............

2,818

2,800,437

9.00%,

09/30/29

............

2,124

2,144,754

8.25%,

06/30/32

............

1,962

1,995,517

6.63%,

08/15/33

............

100

95,859

Clydesdale

Acquisition

Holdings,

Inc.

(a)

6.63%,

04/15/29

............

82

82,722

8.75%,

04/15/30

............

1,900

1,901,361

CNX

Resources

Corp.

(a)

7.38%,

01/15/31

............

10

10,357

7.25%,

03/01/32

............

100

104,622

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Cogent

Communications

Group

LLC

(a)

7.00%,

06/15/27

............

USD

84

$

83,495

6.50%,

07/01/32

............

230

211,201

Columbus

McKinnon

Corp.,

7.13%,

02/01/33

(a)

................

44

44,229

Community

Health

Systems,

Inc.

(a)

5.25%,

05/15/30

............

100

94,292

4.75%,

02/15/31

............

175

156,983

10.88%,

01/15/32

...........

437

470,447

9.75%,

01/15/34

............

378

394,096

Comstock

Resources,

Inc.

(a)

6.75%,

03/01/29

............

373

373,463

5.88%,

01/15/30

............

138

134,646

Core

Scientific,

Inc.,

0.00%,

06/15/31

(a)

(e)(p)

.....................

894

1,042,627

CoreWeave

,

Inc.

(a)

9.25%,

06/01/30

............

494

486,293

9.00%,

02/01/31

............

149

144,866

1.75%,

12/01/31

(p)

...........

1,114

1,284,470

Credit

Acceptance

Corp.,

6.63%,

03/15/30

(a)

................

336

336,330

Crescent

Energy

Finance

LLC

(a)

7.63%,

04/01/32

............

76

75,383

7.88%,

04/15/32

............

326

324,348

7.38%,

01/15/33

............

2,370

2,293,633

8.38%,

01/15/34

............

291

293,754

CrossCountry

Intermediate

HoldCo

LLC,

6.75%,

12/01/32

(a)

.......

163

164,340

CSC

Holdings

LLC

(a)

5.50%,

04/15/27

............

6,480

5,719,530

11.25%,

05/15/28

...........

1,398

1,120,477

11.75%,

01/31/29

...........

3,068

2,237,081

Cushman

&

Wakefield

US

Borrower

LLC,

6.75%,

05/15/28

(a)

.......

161

162,008

CVR

Energy,

Inc.

(a)

5.75%,

02/15/28

............

113

112,925

8.50%,

01/15/29

............

160

166,760

7.50%,

02/15/31

............

268

267,436

CVS

Health

Corp.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.89%),

7.00%,

03/10/55

(b)

................

318

332,833

Dana

Financing

Luxembourg

SARL,

8.50%,

07/15/31

(c)

...........

EUR

2,883

3,638,399

Darling

Global

Finance

BV,

4.50%,

07/15/32

(c)

................

2,347

2,838,951

Darling

Ingredients,

Inc.,

6.00%,

06/15/30

(a)

................

USD

161

163,144

DaVita,

Inc.

(a)

4.63%,

06/01/30

............

355

341,587

6.88%,

09/01/32

............

107

110,214

6.75%,

07/15/33

............

200

205,278

Delek

Logistics

Partners

LP

(a)

7.13%,

06/01/28

............

141

141,932

8.63%,

03/15/29

............

73

76,345

7.38%,

06/30/33

............

100

102,832

DENTSPLY

SIRONA,

Inc.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

4.38%),

8.38%,

09/12/55

(b)

................

242

238,879

DirecTV

Financing

LLC

(a)

8.88%,

02/01/30

............

260

263,252

10.00%,

02/15/31

...........

617

635,565

Discovery

Communications

LLC

5.00%,

09/20/37

............

342

264,188

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

23

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

6.35%,

06/01/40

............

USD

436

$

359,835

DISH

Network

Corp.,

3.38%,

08/15/26

(p)

1,604

1,543,850

EchoStar

Corp.

10.75%,

11/30/29

...........

345

378,196

6.75%,

(6.75

%

Cash

or

6.75%

PIK),

11/30/30

(o)

..............

345

351,119

Edgewell

Personal

Care

Co.,

4.13%,

04/01/29

(a)

................

238

228,163

Edison

International

(b)

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.86%),

8.13%,

06/15/53

....

156

161,441

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.66%),

7.88%,

06/15/54

....

65

67,701

EMRLD

Borrower

LP,

6.63%,

12/15/30

(a)

................

284

293,962

Encompass

Health

Corp.

4.50%,

02/01/28

............

129

128,393

4.75%,

02/01/30

............

37

36,830

Endo

Finance

Holdings

LP,

8.50%,

04/15/31

(a)

................

279

295,212

Energizer

Holdings,

Inc.

(a)

4.75%,

06/15/28

............

230

227,546

4.38%,

03/31/29

............

15

14,407

Energy

Transfer

LP,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.68%),

6.50%,

02/15/56

(b)

................

172

172,008

Entegris

,

Inc.

(a)

4.75%,

04/15/29

............

163

162,877

5.95%,

06/15/30

............

111

113,263

EQT

Corp.,

7.50%,

06/01/30

......

865

952,042

EquipmentShare.com,

Inc.

(a)

9.00%,

05/15/28

............

149

155,712

8.63%,

05/15/32

............

228

243,738

Fair

Isaac

Corp.,

4.00%,

06/15/28

(a)

.

143

140,631

Fertitta

Entertainment

LLC,

6.75%,

01/15/30

(a)

................

611

577,802

Fifth

Third

Bancorp

(b)

(1-day

SOFR

+

0.95%),

4.57%,

04/29/32

...............

1,304

1,302,830

(1-day

SOFR

+

1.24%),

5.14%,

01/29/37

...............

479

475,711

Figeac

Aero

North

America,

Inc.,

(Acquired

07/16/25,

cost

$7,621,252),

7.79%,

07/23/30

(c)(d)(j)

EUR

6,550

7,725,222

First

Citizens

BancShares

,

Inc.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

1.97%),

6.25%,

03/12/40

(b)

...........

USD

11,287

11,481,024

FirstCash

,

Inc.,

4.63%,

09/01/28

(a)

..

168

166,772

Five

Point

Operating

Co.

LP,

8.00%,

10/01/30

(a)

................

497

516,555

Flash

Compute

LLC,

7.25%,

12/31/30

(a)

256

256,869

FLYR

-

Secured

Note,

10.00%,

05/10/27

(d)

................

6,402

1,334,136

Focus

Financial

Partners

LLC,

6.75%,

09/15/31

(a)

................

100

102,373

Ford

Motor

Credit

Co.

LLC

6.95%,

03/06/26

............

1,425

1,427,441

6.95%,

06/10/26

............

3,506

3,532,995

4.54%,

08/01/26

............

1,396

1,394,097

5.13%,

11/05/26

............

2,822

2,837,913

4.27%,

01/09/27

............

2,830

2,828,470

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Freedom

Mortgage

Corp.,

12.25%,

10/01/30

(a)

................

USD

214

$

235,909

Freedom

Mortgage

Holdings

LLC

(a)

9.25%,

02/01/29

............

100

104,687

6.88%,

05/01/31

............

257

255,040

9.13%,

05/15/31

............

118

124,758

8.38%,

04/01/32

............

111

116,115

Frontier

Communications

Holdings

LLC

(a)

6.75%,

05/01/29

............

4,207

4,221,771

6.00%,

01/15/30

............

1,000

1,008,768

8.75%,

05/15/30

............

9,313

9,603,467

8.63%,

03/15/31

............

6,905

7,219,150

Frontier

Florida

LLC,

Series

E,

6.86%,

02/01/28

.................

7,885

8,160,975

Frontier

North,

Inc.,

Series

G,

6.73%,

02/15/28

.................

5,085

5,237,550

FTAI

Aviation

Investors

LLC

(a)

5.50%,

05/01/28

............

143

143,137

7.88%,

12/01/30

............

100

106,030

7.00%,

05/01/31

............

100

105,217

5.88%,

04/15/33

............

125

126,735

Full

House

Resorts,

Inc.,

8.25%,

02/15/28

(a)

................

262

238,747

Gap,

Inc.

(The),

3.88%,

10/01/31

(a)

..

101

93,633

Gen

Digital,

Inc.

(a)

6.75%,

09/30/27

............

92

92,769

7.13%,

09/30/30

............

179

183,461

Genesis

Energy

LP

7.88%,

05/15/32

............

240

250,443

8.00%,

05/15/33

............

300

313,099

GEO

Group,

Inc.

(The),

8.63%,

04/15/29

.................

215

224,833

Global

Atlantic

Fin

Co.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.61%),

7.95%,

10/15/54

(a)(b)

...............

100

103,363

Global

Medical

Response,

Inc.,

7.38%,

10/01/32

(a)

................

298

308,129

Global

Net

Lease,

Inc.,

3.75%,

12/15/27

(a)

................

200

194,610

Global

Partners

LP

(a)

8.25%,

01/15/32

............

63

66,405

7.13%,

07/01/33

............

100

102,431

Go

Daddy

Operating

Co.

LLC,

5.25%,

12/01/27

(a)

................

130

129,836

Goldman

Sachs

Group,

Inc.

(The)

(b)

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

1.18%),

5.39%,

02/02/41

....

1,140

1,129,371

(1-day

SOFR

+

1.32%),

5.54%,

01/21/47

...............

820

807,745

Goodyear

Tire

&

Rubber

Co.

(The)

4.88%,

03/15/27

............

90

89,708

6.63%,

07/15/30

............

100

102,097

5.25%,

07/15/31

............

100

95,247

5.63%,

04/30/33

............

75

71,503

GoTo

Group,

Inc.

(a)

5.50%,

05/01/28

............

1,905

647,785

5.50%,

05/01/28

............

1,300

1,085,709

Granite

Ridge

Resources,

Inc.,

8.88%,

11/05/29

(a)

................

21,656

21,377,743

Graphic

Packaging

International

LLC

(a)

3.50%,

03/15/28

............

100

96,907

6.38%,

07/15/32

............

29

29,325

Gray

Media,

Inc.,

9.63%,

07/15/32

(a)

.

641

660,840

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

24

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Group

1

Automotive,

Inc.,

6.38%,

01/15/30

(a)

................

USD

129

$

132,421

GS

Finance

Corp.

(b)

(10-Year

USD

Constant

Maturity

+

0.00%),

8.75%,

02/14/30

....

26,850

26,835,125

5.95%,

01/15/31

............

24,290

24,290,000

HA

Sustainable

Infrastructure

Capital,

Inc.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

4.30%),

8.00%,

06/01/56

(b)

....

101

105,949

Harvest

Midstream

I

LP,

7.50%,

09/01/28

(a)

................

243

246,340

Herc

Holdings,

Inc.

(a)

6.63%,

06/15/29

............

16

16,558

7.00%,

06/15/30

............

271

284,432

7.25%,

06/15/33

............

126

133,347

Hess

Midstream

Operations

LP

(a)

5.88%,

03/01/28

............

159

162,017

6.50%,

06/01/29

............

76

78,660

5.50%,

10/15/30

............

124

125,308

Hilcorp

Energy

I

LP

(a)

6.00%,

04/15/30

............

60

59,035

8.38%,

11/01/33

............

112

116,282

6.88%,

05/15/34

............

438

422,113

Hilton

Domestic

Operating

Co.,

Inc.

(a)

5.88%,

04/01/29

............

355

363,212

4.00%,

05/01/31

............

203

193,773

Hilton

Grand

Vacations

Borrower

LLC

(a)

5.00%,

06/01/29

............

114

110,840

4.88%,

07/01/31

............

122

113,791

6.63%,

01/15/32

............

100

102,218

Hilton

Worldwide

Finance

LLC,

4.88%,

04/01/27

.................

106

106,038

HLF

Financing

SARL

LLC,

4.88%,

06/01/29

(a)

................

400

379,596

Homes

By

West

Bay

LLC,

11.00%,

02/06/30

(d)

................

38,780

38,927,364

Howard

Hughes

Corp.

(The),

5.38%,

08/01/28

(a)

................

165

164,965

Howard

Midstream

Energy

Partners

LLC,

7.38%,

07/15/32

(a)

.......

128

135,207

HUB

International

Ltd.,

7.25%,

06/15/30

(a)

................

505

526,894

Huntsman

International

LLC

4.50%,

05/01/29

............

97

93,337

2.95%,

06/15/31

............

87

74,276

Hyundai

Capital

America

,

(1-day

SOFR

+

1.35%),

5.02%,

03/27/30

(b)(c)

...

500

506,842

iHeartCommunications

,

Inc.

(a)

9.13%,

05/01/29

............

307

290,115

7.75%,

08/15/30

............

225

192,634

Imola

Merger

Corp.,

4.75%,

05/15/29

(a)

169

166,284

Inversion

Escrow

Issuer

LLC,

6.75%,

08/01/32

(a)

................

339

335,778

ION

Platform

Finance

US,

Inc.

(a)

5.75%,

05/15/28

............

2,000

1,896,332

9.50%,

05/30/29

............

244

235,299

7.88%,

09/30/32

............

400

350,806

IQVIA,

Inc.,

5.00%,

10/15/26

(a)

.....

400

399,855

Iron

Mountain,

Inc.

5.00%,

07/15/28

(a)

...........

255

254,440

7.00%,

02/15/29

(a)

...........

222

228,113

5.25%,

07/15/30

(a)

...........

316

312,903

5.63%,

07/15/32

(a)

...........

212

209,344

4.75%,

01/15/34

(c)

...........

EUR

2,020

2,336,256

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

4.75%,

01/15/34

(c)

...........

EUR

695

$

803,811

ITT

Holdings

LLC,

6.50%,

08/01/29

(a)

USD

316

304,653

Jane

Street

Group

(a)

7.13%,

04/30/31

............

346

363,789

6.13%,

11/01/32

............

264

268,886

Jefferies

Finance

LLC,

5.00%,

08/15/28

(a)

................

403

390,739

Jefferson

Capital

Holdings

LLC,

8.25%,

05/15/30

(a)

................

124

130,651

JetBlue

Airways

Corp.,

9.88%,

09/20/31

(a)

................

435

436,900

JetBlue

Pass-Through

Trust,

Series

2019-1,

Class

AA

,

2.75%,

05/15/32

950

849,339

Jose

Andres

Group

1L

Notes,

10.00%,

11/14/32

(d)

................

7,163

5,390,157

JPMorgan

Chase

&

Co.

(b)

Series

OO,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.15%),

6.50%

(r)

...

410

426,614

(1-day

SOFR

+

1.30%),

5.19%,

02/05/37

...............

1,301

1,295,673

K.

Hovnanian

Enterprises,

Inc.,

8.38%,

10/01/33

(a)

................

211

215,641

Kaiser

Aluminum

Corp.,

4.50%,

06/01/31

(a)

................

61

58,888

KeHE

Distributors

LLC,

9.00%,

02/15/29

(a)

................

303

317,473

KFC

Holding

Co.,

4.75%,

06/01/27

(a)

.

39

39,059

Kinetik

Holdings

LP,

6.63%,

12/15/28

(a)

229

235,805

King

US

Bidco

,

Inc.,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.31%,

12/01/32

(b)(c)

...............

EUR

2,370

2,819,024

Kodiak

Gas

Services

LLC

(a)

7.25%,

02/15/29

............

USD

100

103,722

6.50%,

10/01/33

............

100

102,428

Kohl's

Corp.,

5.13%,

05/01/31

(q)

....

314

268,811

Kronos

International,

Inc.,

9.50%,

03/15/29

(c)

................

EUR

1,641

1,767,318

Ladder

Capital

Finance

Holdings

LLLP

(a)

4.25%,

02/01/27

............

USD

300

298,358

7.00%,

07/15/31

............

100

106,088

Lamar

Media

Corp.,

4.88%,

01/15/29

263

263,026

Lamb

Weston

Holdings,

Inc.,

4.38%,

01/31/32

(a)

................

131

124,806

LCM

Investments

Holdings

II

LLC

(a)

4.88%,

05/01/29

............

100

98,538

8.25%,

08/01/31

............

207

218,066

Lessen

LLC

,

(3-mo.

CME

Term

SOFR

+

8.50%),

12.76%,

01/05/28

(a)(b)(d)

..

20,713

16,069,477

Level

3

Financing,

Inc.

(a)

6.88%,

06/30/33

............

490

504,941

7.00%,

03/31/34

............

182

188,516

LGI

Homes,

Inc.,

7.00%,

11/15/32

(a)

.

3,959

3,861,282

LifePoint

Health,

Inc.

(a)

9.88%,

08/15/30

............

365

391,585

11.00%,

10/15/30

...........

146

159,224

Light

&

Wonder

International,

Inc.,

7.50%,

09/01/31

(a)

...........

134

140,224

Lithia

Motors,

Inc.

(a)

4.63%,

12/15/27

............

100

99,811

5.50%,

10/01/30

............

86

86,382

4.38%,

01/15/31

............

82

78,930

Live

Nation

Entertainment,

Inc.

(a)

4.75%,

10/15/27

............

132

131,959

2.88%,

10/15/31

(p)

...........

935

932,943

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

25

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Magnera

Corp.

(a)

4.75%,

11/15/29

............

USD

100

$

90,363

7.25%,

11/15/31

............

170

160,652

Marriott

Ownership

Resorts,

Inc.,

6.50%,

10/01/33

(a)

...........

219

208,377

Matador

Resources

Co.

(a)

6.50%,

04/15/32

............

100

101,825

6.25%,

04/15/33

............

148

149,161

Match

Group

Holdings

II

LLC

(a)

5.00%,

12/15/27

............

100

99,981

4.63%,

06/01/28

............

114

112,912

4.13%,

08/01/30

............

46

43,358

Mauser

Packaging

Solutions

Holding

Co.

(a)

7.88%,

04/15/30

............

2,260

2,302,375

9.25%,

04/15/30

............

707

695,478

McAfee

Corp.,

7.38%,

02/15/30

(a)

...

545

433,602

McGraw-Hill

Education,

Inc.

(a)

5.75%,

08/01/28

............

100

100,443

7.38%,

09/01/31

............

109

114,593

Medline

Borrower

LP

(a)

3.88%,

04/01/29

............

438

428,241

6.25%,

04/01/29

............

306

315,826

5.25%,

10/01/29

............

140

140,242

MGM

Resorts

International

5.50%,

04/15/27

............

29

29,185

4.75%,

10/15/28

............

100

99,813

6.13%,

09/15/29

............

100

102,280

6.50%,

04/15/32

............

484

495,476

Millrose

Properties,

Inc.

(a)

6.38%,

08/01/30

............

83

84,717

6.25%,

09/15/32

............

142

143,601

Miter

Brands

Acquisition

Holdco,

Inc.,

6.75%,

04/01/32

(a)

...........

145

148,924

MKS,

Inc.,

4.25%,

02/15/34

(c)

......

EUR

4,697

5,567,427

Mohegan

Tribal

Gaming

Authority,

11.88%,

04/15/31

(a)

..........

USD

470

493,668

Molina

Healthcare,

Inc.

(a)

4.38%,

06/15/28

............

100

98,223

3.88%,

11/15/30

............

175

161,415

3.88%,

05/15/32

............

132

118,780

Morgan

Stanley,

(1-day

SOFR

+

1.18%),

5.07%,

01/30/37

(b)

.....

1,301

1,294,952

Morgan

Stanley

Private

Bank

NA,

(1-day

SOFR

+

0.76%),

4.21%,

02/08/30

(b)

................

2,314

2,314,872

MPT

Operating

Partnership

LP,

7.00%,

02/15/32

(c)

................

EUR

1,680

2,081,720

Murphy

Oil

USA,

Inc.,

3.75%,

02/15/31

(a)

................

USD

110

103,322

NCL

Corp.

Ltd.

(a)

7.75%,

02/15/29

............

44

47,022

6.75%,

02/01/32

............

407

417,096

NCL

Finance

Ltd.,

6.13%,

03/15/28

(a)

88

90,456

NCR

Atleos

Corp.,

9.50%,

04/01/29

(a)

4,278

4,584,801

NCR

Voyix

Corp.,

5.13%,

04/15/29

(a)

.

239

235,539

Neptune

Bidco

US,

Inc.,

10.38%,

05/15/31

(a)

................

410

433,490

New

Generation

Co.,

10.34%,

09/30/29

(a)(b)(d)

..............

16,805

16,888,753

Newell

Brands,

Inc.

8.50%,

06/01/28

(a)

...........

100

104,845

6.63%,

09/15/29

............

158

158,168

6.63%,

05/15/32

............

136

133,189

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Nexstar

Media,

Inc.

(a)

5.63%,

07/15/27

............

USD

100

$

100,026

4.75%,

11/01/28

............

145

144,124

Nissan

Motor

Acceptance

Co.

LLC

(a)

5.63%,

09/29/28

............

311

312,066

6.13%,

09/30/30

............

227

226,370

Noble

Finance

II

LLC,

8.00%,

04/15/30

(a)

................

334

348,180

Northern

Oil

&

Gas,

Inc.,

7.88%,

10/15/33

(a)

................

1,339

1,351,880

Novelis

Corp.

(a)

4.75%,

01/30/30

............

329

318,723

3.88%,

08/15/31

............

100

91,507

NRG

Energy,

Inc.

(a)

5.25%,

06/15/29

............

123

123,367

5.75%,

07/15/29

............

678

675,443

3.63%,

02/15/31

............

89

83,144

6.25%,

11/01/34

............

257

263,834

NuStar

Logistics

LP,

5.63%,

04/28/27

100

101,000

Olin

Corp.,

6.63%,

04/01/33

(a)

.....

240

235,180

Olympus

Water

US

Holding

Corp.

6.25%,

10/01/29

(a)

...........

222

217,232

6.13%,

02/15/33

(c)

...........

EUR

2,724

3,236,080

7.25%,

02/15/33

(a)

...........

USD

200

199,222

OneMain

Finance

Corp.,

7.13%,

11/15/31

..................

500

518,114

Osaic

Holdings,

Inc.,

6.75%,

08/01/32

(a)

100

103,637

OT

Midco,

Inc.,

10.00%,

02/15/30

(a)

..

4,026

1,877,352

Outfront

Media

Capital

LLC

(a)

5.00%,

08/15/27

............

155

154,968

4.25%,

01/15/29

............

63

61,493

Owens-Brockway

Glass

Container,

Inc.,

7.25%,

05/15/31

(a)

...........

191

194,389

PacifiCorp

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.32%),

7.38%,

09/15/55

(b)

....

225

231,076

Palomino

Funding

Trust

I,

7.23%,

05/17/28

(a)

................

665

703,195

Panther

Escrow

Issuer

LLC,

7.13%,

06/01/31

(a)

................

381

392,402

Paramount

Global,

(3-mo.

SOFR

+

3.90%),

6.25%,

02/28/57

(b)

.....

149

135,404

Park

Intermediate

Holdings

LLC

(a)

5.88%,

10/01/28

............

195

195,002

7.00%,

02/01/30

............

144

148,359

Park

River

Holdings,

Inc.

(a)

8.75%,

12/31/30

............

260

258,245

8.00%,

03/15/31

............

100

103,047

PennyMac

Financial

Services,

Inc.

(a)

7.88%,

12/15/29

............

358

377,090

7.13%,

11/15/30

............

100

103,240

6.88%,

02/15/33

............

100

102,001

Performance

Food

Group,

Inc.

(a)

5.50%,

10/15/27

............

156

156,085

4.25%,

08/01/29

............

100

97,915

Permian

Resources

Operating

LLC

(a)

8.00%,

04/15/27

............

2,126

2,145,332

5.88%,

07/01/29

............

311

312,044

Perrigo

Finance

Unlimited

Co.

5.15%,

06/15/30

(q)

...........

200

193,993

6.13%,

09/30/32

............

114

112,122

PetSmart

LLC,

10.00%,

09/15/33

(a)

..

525

546,293

Pilgrim's

Pride

Corp.,

4.25%,

04/15/31

200

194,960

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

26

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Pioneer

Midco

LLC,

10.50%,

(10.50%

Cash

or

11.63%

PIK),

11/18/30

(a)(b)(d)

(o)

......................

USD

17,949

$

17,993,638

Pitney

Bowes,

Inc.,

6.88%,

03/15/27

(a)

6,234

6,225,354

Post

Holdings,

Inc.

(a)

4.63%,

04/15/30

............

226

220,692

4.50%,

09/15/31

............

80

75,789

6.25%,

02/15/32

............

362

371,703

PRA

Group

Europe

Holding

II

SARL,

6.25%,

09/30/32

(c)

...........

EUR

1,000

1,149,934

Prestige

Brands,

Inc.,

5.13%,

01/15/28

(a)

................

USD

108

108,041

Prime

Security

Services

Borrower

LLC,

3.38%,

08/31/27

(a)

...........

108

105,790

Primo

Water

Holdings,

Inc.,

4.38%,

04/30/29

(a)

................

126

123,184

Qnity

Electronics,

Inc.,

5.75%,

08/15/32

(a)

................

61

62,142

Quikrete

Holdings,

Inc.,

6.38%,

03/01/32

(a)

................

473

490,544

QXO

Building

Products,

Inc.,

6.75%,

04/30/32

(a)

................

199

205,065

Resorts

World

Las

Vegas

LLC,

8.45%,

07/27/30

(a)

................

200

203,500

Reworld

Holding

Corp.,

4.88%,

12/01/29

(a)

................

112

108,424

RHP

Hotel

Properties

LP

4.75%,

10/15/27

............

175

174,861

4.50%,

02/15/29

(a)

...........

100

98,552

RingCentral,

Inc.,

8.50%,

08/15/30

(a)

.

8,317

8,732,082

Rocket

Cos.,

Inc.

(a)

6.50%,

08/01/29

............

303

311,672

6.13%,

08/01/30

............

235

240,595

7.13%,

02/01/32

............

306

319,766

Rocket

Mortgage

LLC,

4.00%,

10/15/33

(a)

................

121

111,106

Rocket

Software,

Inc.,

9.00%,

11/28/28

(a)

................

138

137,656

Rockies

Express

Pipeline

LLC,

4.95%,

07/15/29

(a)

................

106

105,671

Ryan

Specialty

LLC,

5.88%,

08/01/32

(a)

100

101,661

Sabre

Financial

Borrower

LLC,

11.13%,

06/15/29

(a)

................

3,220

3,256,579

Sabre

GLBL,

Inc.

(a)

10.75%,

11/15/29

...........

2,438

1,989,847

10.75%,

03/15/30

...........

2,856

2,291,940

SBA

Communications

Corp.

3.88%,

02/15/27

............

446

442,694

3.13%,

02/01/29

............

112

106,972

Schneider

Electric

SE,

Series

SUFP,

1.25%,

09/23/33

(c)(p)

..........

EUR

4,500

5,487,457

SCIH

Salt

Holdings,

Inc.,

4.88%,

05/01/28

(a)

................

USD

91

90,779

Scotts

Miracle-Gro

Co.

(The),

4.50%,

10/15/29

.................

100

98,465

Seagate

Data

Storage

Technology

Pte.

Ltd.

(a)

8.25%,

12/15/29

............

5,927

6,260,543

5.88%,

07/15/30

............

835

860,199

8.50%,

07/15/31

............

3,249

3,438,062

9.63%,

12/01/32

............

5,160

5,832,941

Sealed

Air

Corp.

(a)

4.00%,

12/01/27

............

242

241,080

7.25%,

02/15/31

............

17

17,702

Select

Medical

Corp.,

6.25%,

12/01/32

(a)

................

1,431

1,388,762

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Sensata

Technologies,

Inc.

(a)

3.75%,

02/15/31

............

USD

85

$

79,654

6.63%,

07/15/32

............

200

208,929

Service

Corp.

International

5.13%,

06/01/29

............

159

159,973

5.75%,

10/15/32

............

100

101,586

Service

Properties

Trust

0.00%,

09/30/27

(a)(e)

..........

4,092

3,704,349

8.38%,

06/15/29

............

10,351

10,475,057

4.38%,

02/15/30

............

632

547,088

8.63%,

11/15/31

(a)

...........

675

708,939

8.88%,

06/15/32

............

9,095

9,027,463

Shift4

Payments

LLC

6.75%,

08/15/32

(a)

...........

164

167,311

5.50%,

05/15/33

(c)

...........

EUR

5,028

6,068,716

Sirius

XM

Radio

LLC

(a)

5.00%,

08/01/27

............

USD

472

471,180

4.00%,

07/15/28

............

198

193,410

4.13%,

07/01/30

............

93

87,701

Six

Flags

Entertainment

Corp.

5.25%,

07/15/29

............

25

24,005

7.25%,

05/15/31

(a)

...........

255

251,652

8.63%,

01/15/32

(a)

...........

979

999,020

SLM

Corp.,

3.13%,

11/02/26

......

214

211,096

SM

Energy

Co.

(a)

5.00%,

10/15/26

............

2,792

2,789,209

8.38%,

07/01/28

............

2,743

2,823,365

6.75%,

08/01/29

............

792

801,015

8.63%,

11/01/30

............

2,265

2,395,523

7.00%,

08/01/32

............

380

380,974

Smyrna

Ready

Mix

Concrete

LLC,

8.88%,

11/15/31

(a)

...........

244

260,127

Snap,

Inc.,

6.88%,

03/15/34

(a)

.....

226

230,774

Solaris

Energy

Infrastructure,

Inc.

(p)

4.75%,

05/01/30

(a)

...........

4,818

11,139,698

0.25%,

10/01/31

............

15,767

19,401,293

Sonder

Holdings,

Inc.,

7.00%,

(7.00%

Cash

or

7.00%

PIK),

12/10/27

(d)(f)(n)(o)

25,670

—

Sonic

Automotive,

Inc.,

4.63%,

11/15/29

(a)

................

100

98,273

Spirit

AeroSystems,

Inc.,

4.60%,

06/15/28

.................

156

157,009

Spirit

Airlines

Pass-Through

Trust

Series

2015-1,Class

A,

4.10%,

04/01/28

...............

141

135,317

Series

2017-1,Class

AA,

3.38%,

02/15/30

...............

1,675

1,575,972

Series

2017-1A,Class

A,

3.65%,

02/15/30

...............

4,398

4,043,434

SS&C

Technologies,

Inc.,

5.50%,

09/30/27

(a)

................

255

254,779

Stagwell

Global

LLC,

5.63%,

08/15/29

(a)

185

179,388

Standard

Building

Solutions,

Inc.

(a)

6.50%,

08/15/32

............

62

63,930

6.25%,

08/01/33

............

299

305,625

Standard

Industries,

Inc.

(a)

4.75%,

01/15/28

............

97

96,493

4.38%,

07/15/30

............

100

96,471

Star

Parent,

Inc.,

9.00%,

10/01/30

(a)

.

355

374,693

Starwood

Property

Trust,

Inc.

(a)

4.38%,

01/15/27

............

297

295,047

5.25%,

10/15/28

............

107

107,561

6.00%,

04/15/30

............

145

149,040

6.50%,

10/15/30

............

89

92,688

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

27

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Starz

Capital

Holdings

1,

Inc.,

6.00%,

04/15/30

(a)

................

USD

17,943

$

16,776,705

Starz

Capital

Holdings

LLC,

5.50%,

04/15/29

(a)

................

1,061

864,803

Station

Casinos

LLC,

6.63%,

03/15/32

(a)

100

102,283

Stem,

Inc.,

0.50%,

12/01/28

(a)(p)

....

749

299,523

STL

Holding

Co.

LLC,

8.75%,

02/15/29

(a)

................

1,308

1,375,465

Stonex

Escrow

Issuer

LLC,

6.88%,

07/15/32

(a)

................

92

94,916

StoneX

Group,

Inc.,

7.88%,

03/01/31

(a)

85

90,430

Suburban

Propane

Partners

LP,

5.00%,

06/01/31

(a)

................

93

89,321

Sunoco

LP

7.00%,

09/15/28

(a)

...........

143

147,637

7.00%,

05/01/29

(a)

...........

42

43,673

4.50%,

05/15/29

............

100

98,427

4.50%,

10/01/29

(a)

...........

236

230,951

4.63%,

05/01/30

(a)

...........

96

93,608

5.63%,

03/15/31

(a)

...........

264

265,618

5.88%,

03/15/34

(a)

...........

50

50,133

Synchrony

Financial,

7.25%,

02/02/33

53

56,290

Talen

Energy

Supply

LLC

(a)

8.63%,

06/01/30

............

3,334

3,517,737

6.50%,

02/01/36

............

52

53,312

Tallgrass

Energy

Partners

LP

(a)

5.50%,

01/15/28

............

100

99,965

6.00%,

12/31/30

............

60

60,887

6.75%,

03/15/34

............

197

200,489

TEGNA,

Inc.,

4.63%,

03/15/28

.....

212

210,525

Teleflex,

Inc.

4.63%,

11/15/27

............

103

102,435

4.25%,

06/01/28

(a)

...........

70

69,028

Tenet

Healthcare

Corp.

5.13%,

11/01/27

............

145

145,040

4.63%,

06/15/28

............

374

372,956

4.25%,

06/01/29

............

276

271,232

6.13%,

06/15/30

............

295

301,050

Tenneco,

Inc.,

8.00%,

11/17/28

(a)

...

421

423,505

Terex

Corp.

(a)

5.00%,

05/15/29

............

100

99,684

6.25%,

10/15/32

............

92

94,199

Texas

Capital

Bancshares,

Inc.,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.15%),

4.00%,

05/06/31

(b)

...........

7,458

7,404,900

TKC

Holdings,

Inc.,

6.88%,

05/15/28

(a)

100

100,693

TransDigm

,

Inc.

(a)

6.75%,

08/15/28

............

251

255,224

6.38%,

03/01/29

............

247

253,996

6.63%,

03/01/32

............

674

696,898

6.00%,

01/15/33

............

134

136,532

6.38%,

05/31/33

............

341

347,142

6.75%,

01/31/34

............

133

137,657

Transocean

International

Ltd.

(a)

8.25%,

05/15/29

............

3,021

3,078,006

7.88%,

10/15/32

............

100

105,484

Transocean

Titan

Financing

Ltd.,

8.38%,

02/01/28

(a)

...........

223

227,095

Travel

+

Leisure

Co.,

6.63%,

07/31/26

(a)

245

245,934

UKG,

Inc.,

6.88%,

02/01/31

(a)

......

360

359,710

United

Airlines

Pass-Through

Trust,

Series

2019-2,

Class

A,

2.90%,

05/01/28

.................

677

650,605

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

United

Rentals

North

America,

Inc.

4.88%,

01/15/28

............

USD

211

$

211,046

4.00%,

07/15/30

............

149

143,966

3.75%,

01/15/32

............

210

196,238

United

Wholesale

Mortgage

LLC

(a)

5.75%,

06/15/27

............

91

91,074

5.50%,

04/15/29

............

734

725,195

Uniti

Group

LP,

4.75%,

04/15/28

(a)

...

411

410,107

Uniti

Services

LLC,

7.50%,

10/15/33

(a)

877

905,461

Univision

Communications,

Inc.

(a)

7.38%,

06/30/30

............

167

169,188

8.50%,

07/31/31

............

555

578,786

9.38%,

08/01/32

............

99

106,589

US

Bancorp

,

(1-day

SOFR

+

1.10%),

5.03%,

01/26/37

(b)

...........

980

977,824

US

Foods,

Inc.,

6.88%,

09/15/28

(a)

..

297

306,316

USA

Compression

Partners

LP,

7.13%,

03/15/29

(a)

................

205

212,261

UWM

Holdings

LLC

(a)

6.63%,

02/01/30

............

214

215,848

6.25%,

03/15/31

............

83

82,475

Vail

Resorts,

Inc.

(a)

5.63%,

07/15/30

............

22

22,344

6.50%,

05/15/32

............

100

103,635

Valaris

Ltd.,

8.38%,

04/30/30

(a)

.....

279

291,530

Venture

Global

Calcasieu

Pass

LLC

(a)

3.88%,

08/15/29

............

141

133,953

6.25%,

01/15/30

............

200

204,942

4.13%,

08/15/31

............

207

191,007

Venture

Global

LNG,

Inc.

(a)

8.13%,

06/01/28

............

545

557,915

7.00%,

01/15/30

............

1,852

1,863,475

8.38%,

06/01/31

............

215

219,905

9.88%,

02/01/32

............

794

839,493

Venture

Global

Plaquemines

LNG

LLC

(a)

6.50%,

01/15/34

............

119

123,498

6.50%,

06/15/34

............

286

296,190

6.75%,

01/15/36

............

414

433,980

Versant

Media

Group,

Inc.,

7.25%,

01/30/31

(a)

................

171

175,239

VF

Corp.,

2.95%,

04/23/30

.......

70

63,848

Viasat

,

Inc.,

5.63%,

04/15/27

(a)

.....

256

256,136

Viking

Cruises

Ltd.

(a)

7.00%,

02/15/29

............

56

56,226

9.13%,

07/15/31

............

138

147,186

Vistra

Operations

Co.

LLC

(a)

5.63%,

02/15/27

............

10,588

10,595,549

7.75%,

10/15/31

............

511

540,700

VOC

Escrow

Ltd.,

5.00%,

02/15/28

(a)

.

163

162,895

VoltaGrid

LLC,

7.38%,

11/01/30

(a)

...

4,319

4,374,332

Voyager

Parent

LLC,

9.25%,

07/01/32

(a)

293

311,260

Wand

NewCo

3,

Inc.,

7.63%,

01/30/32

(a)

147

154,563

Warnermedia

Holdings,

Inc.

3.76%,

03/15/27

............

9,279

9,210,428

4.28%,

03/15/32

............

162

142,560

Wayfair

LLC

(a)

7.25%,

10/31/29

............

169

176,705

7.75%,

09/15/30

............

135

143,521

WBI

Operating

LLC,

6.50%,

10/15/33

(a)

189

190,786

Weekley

Homes

LLC,

4.88%,

09/15/28

(a)

................

68

66,989

Wells

Fargo

&

Co.

(b)

(1-day

SOFR

+

0.74%),

4.18%,

01/23/30

...............

1,193

1,194,003

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

28

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

(1-day

SOFR

+

1.10%),

4.96%,

01/23/37

...............

USD

1,220

$

1,210,037

(1-day

SOFR

+

1.23%),

5.43%,

01/23/47

...............

810

793,889

WESCO

Distribution,

Inc.

(a)

6.38%,

03/15/29

............

173

178,367

6.38%,

03/15/33

............

92

95,797

Whirlpool

Corp.

6.13%,

06/15/30

............

118

118,308

6.50%,

06/15/33

............

146

144,071

Williams

Scotsman,

Inc.

(a)

4.63%,

08/15/28

............

255

254,048

6.63%,

06/15/29

............

100

103,386

Windstream

Services

LLC,

8.25%,

10/01/31

(a)

................

132

138,273

Wolfspeed

,

Inc.

2.50%,

06/15/31

(a)(p)

..........

52

70,590

2.50%,

06/15/31

(p)

...........

33

44,798

7.00%,

(7.00%

Cash

or

7.00%

PIK),

06/15/31

(o)

..............

124

100,699

WR

Grace

Holdings

LLC

(a)

4.88%,

06/15/27

............

94

94,000

6.63%,

08/15/32

............

200

198,895

WULF

Compute

LLC,

7.75%,

10/15/30

(a)

................

435

453,714

Wynn

Resorts

Finance

LLC,

7.13%,

02/15/31

(a)

................

239

257,505

Xerox

Corp.

(a)

10.25%,

10/15/30

...........

7,933

6,540,341

13.50%,

04/15/31

...........

3,915

2,848,162

XPLR

Infrastructure

Operating

Partners

LP

(a)

4.50%,

09/15/27

............

91

90,172

8.63%,

03/15/33

............

361

378,732

7.75%,

04/15/34

............

72

73,393

XPO,

Inc.,

7.13%,

02/01/32

(a)

......

67

70,434

Yum!

Brands,

Inc.

4.75%,

01/15/30

(a)

...........

41

40,899

3.63%,

03/15/31

............

188

177,726

4.63%,

01/31/32

............

100

97,777

Zayo

Group

Holdings,

Inc.,

6.25%,

(6.25%

Cash

or

0.50%

PIK),

03/09/30

(a)(b)(o)

..............

795

774,969

797,043,805

Uzbekistan

—

0.0%

Navoi

Mining

&

Metallurgical

Combinat

(a)

6.70%,

10/17/28

............

499

516,964

6.95%,

10/17/31

............

431

460,713

977,677

Vietnam

—

0.0%

Mong

Duong

Finance

Holdings

BV,

5.13%,

05/07/29

(c)

...........

579

575,904

Zambia

—

0.0%

First

Quantum

Minerals

Ltd.,

9.38%,

03/01/29

(a)

................

2,103

2,205,521

Total

Corporate

Bonds

—

10.6%

(Cost:

$2,031,872,479)

...........................

1,835,391,368

Security

Par

(000)

Pa

r

(

000)

Value

Fixed

Rate

Loan

Interests

France

—

0.0%

Atos

SE,

1st

Lien

Term

Loan,

9.00%

,

12/17/29

............

EUR

5,448

$

6,660,019

United

States

—

0.1%

Aspen

Owner

LLC,

1st

Lien

Term

Loan,

7.27%

,

02/09/27

(d)

...........

USD

18,600

18,714,416

X

Corp.,

1st

Lien

Term

Loan

B3,

9.50%

,

10/26/29

............

1,707

1,764,611

20,479,027

Total

Fixed

Rate

Loan

Interests

—

0.1%

(Cost:

$26,220,954)

..............................

27,139,046

Floating

Rate

Loan

Interests

Austria

—

0.0%

Innio

Group

Hldg

GmbH,

1st

Lien

Term

Loan,

11/03/31

(b)(s)

...........

EUR

1,000

1,185,682

Belgium

—

0.0%

United

Petfood

Finance

BV,

1st

Lien

Term

Loan

B,

(6-mo.

EURIBOR

at

0.00%

Floor

+

2.50%),

4.58%

,

02/26/32

(b)

...........

4,978

5,918,049

Canada

—

0.0%

(b)

Bausch

+

Lomb

Corp.,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

+

3.75%),

7.42%

,

01/15/31

......

USD

4,162

4,188,116

Clarios

Global

LP,

1st

Lien

Term

Loan,

(1-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.20%

,

01/28/32

......

EUR

3,000

3,573,439

7,761,555

Finland

—

0.0%

Mehilainen

Yhtiot

Oy,

Facility

1st

Lien

Term

Loan

B7,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.52%

,

08/05/31

(b)

...........

3,188

3,795,678

France

—

0.3%

(b)

Areas

Worldwide

SA,

Facility

1st

Lien

Term

Loan

B5,

(6-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.64%

,

12/31/29

............

3,199

3,768,075

Argent

Bidco

SAS,

1st

Lien

Term

Loan

B,

11/12/32

(s)

...............

1,000

1,191,869

Atos

SE,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

+

2.60%),

4.66%

,

12/17/30

(d)

...........

4,918

5,574,455

Banijay

Entertainment

SAS,

Facility

1st

Lien

Term

Loan

B4,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.28%

,

02/10/32

............

1,093

1,302,056

Betclic

Everest

Group,

1st

Lien

Term

Loan

B,

12/10/31

(s)

...........

5,235

6,202,388

Cegid

Group

SAS,

Facility

1st

Lien

Term

Loan

B3,

(3-mo.

EURIBOR

at

0.00%

Floor

+

2.75%),

4.70%

,

01/31/30

............

3,500

4,113,710

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

29

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

France

(continued)

Hestiafloor

2

SASU,

1st

Lien

Term

Loan

B,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.52%

,

02/27/30

.....

EUR

1,941

$

2,303,435

Holding

Socotec

,

Facility

1st

Lien

Term

Loan

5,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.52%

,

06/02/31

.

1,955

2,319,607

Obol

France

3

SAS,

Facility

1st

Lien

Term

Loan

B3,

(6-mo.

EURIBOR

at

0.00%

Floor

+

5.00%),

7.10%

,

12/29/28

............

2,752

3,219,315

Parts

Europe

SA,

Facility

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.00%),

5.03%

,

02/03/31

.

4,296

5,121,507

Ramsay

Generale

De

Sante

SA,

Facility

1st

Lien

Term

Loan

B5,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.28%

,

08/13/31

............

3,000

3,503,456

Talbot

Participation

SAS,

1st

Lien

Term

Loan

B2,

(3-mo.

EURIBOR

+

3.00%),

5.01%

,

07/07/32

......

3,360

3,998,428

42,618,301

Germany

—

0.2%

(b)

Aenova

Holding

GmbH,

Facility

1st

Lien

Term

Loan

B1,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.00%),

5.07%

,

08/22/31

............

2,660

3,171,863

AVIV

Group

GmbH,

1st

Lien

Term

Loan

B,

(6-mo.

EURIBOR

at

0.00%

Floor

+

4.00%),

6.10%

,

04/23/32

.....

4,879

5,765,256

CTEC

III

GmbH,

Facility

1st

Lien

Term

Loan

B,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.75%),

5.82%

,

03/16/29

.

1,500

1,779,750

Mosel

Bidco

SE,

1st

Lien

Term

Loan

B,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.75%),

5.77%

,

09/16/30

......

3,089

3,603,751

Nidda

Healthcare

Holding

GmbH,

1st

Lien

Term

Loan

B4,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.54%

,

12/10/32

............

7,377

8,765,125

Node

AcquiCo

GmbH,

1st

Lien

Term

Loan

B1,

(1-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.44%

,

12/08/32

.

5,000

5,932,795

Rain

Carbon,

Inc.,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

5.00%),

7.04%

,

10/31/28

......

1,000

1,180,312

Schoen

Klinik

SE,

Facility

1st

Lien

Term

Loan

B2,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.00%),

5.02%

,

01/13/31

.

2,667

3,178,350

TK

Elevator

Midco

GmbH,

1st

Lien

Term

Loan

B1,

(6-mo.

EURIBOR

at

0.00%

Floor

+

3.00%),

5.15%

,

04/30/30

............

1,948

2,318,170

35,695,372

Ireland

—

0.0%

Applegreen

Ltd.,

Facility

1st

Lien

Term

Loan

B,

(3-mo.

EURIBOR

+

4.50%),

6.53%

,

01/26/32

(b)

...........

2,272

2,705,092

Security

Par

(000)

Par

(000)

Value

Jersey,

Channel

Islands

—

0.1%

Vita

Global

Finco

Ltd.,

1st

Lien

Term

Loan

B

(b)(d)(o)

(6-mo.

EURIBOR

at

0.00%

Floor

+

8.00%),

10.05%

(10.17%

Cash

or

10.17%

PIK),

07/06/27

......

EUR

9,386

$

8,553,713

(Daily

SONIA

at

1.19%

Floor

+

8.00%),

11.97%

(11.97%

Cash

or

11.97%

PIK),

07/06/27

......

GBP

5,520

5,599,632

14,153,345

Luxembourg

—

0.4%

(b)

AI

Sirona

Luxembourg

Acquisition

SARL,

Facility

1st

Lien

Term

Loan

B3,

(1-mo.

EURIBOR

at

0.00%

Floor

+

4.00%),

5.95%

,

09/29/28

.....

EUR

4,000

4,741,400

Albion

Financing

3

SARL,

1st

Lien

Term

Loan,

05/21/31

(s)

............

1,000

1,189,060

Althea

Acquisition

Bidco

SARL,

1st

Lien

Term

Loan

B,

01/20/33

(s)

.......

3,000

3,556,939

Altice

Financing

SA,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

5.00%),

7.02%

,

10/29/27

.

2,183

1,964,401

Altice

Financing

SA,

1st

Lien

Term

Loan

B,

(3-mo.

EURIBOR

at

0.00%

Floor

+

5.00%),

7.02%

,

10/29/27

.....

998

897,848

Atlas

Luxco

4

SARL,

1st

Lien

Term

Loan

B,

(1-mo.

EURIBOR

at

0.00%

Floor

+

3.75%),

5.70%

,

08/20/32

.

2,071

2,461,761

Froneri

International

Ltd.,

1st

Lien

Term

Loan,

(6-mo.

EURIBOR

at

0.00%

Floor

+

2.75%),

4.90%

,

09/30/31

.

2,350

2,783,845

Froneri

International

Ltd.,

Facility

1st

Lien

Term

Loan

B5,

(6-mo.

EURIBOR

at

0.00%

Floor

+

2.75%),

4.90%

,

09/30/32

............

2,035

2,415,282

Garfunkelux

Holdco

3

SA,

1st

Lien

Term

Loan

B,

06/01/32

(s)

...........

8,708

9,980,872

ION

Platform

Finance

SARL,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.00%),

6.02%

,

10/07/32

............

4,112

4,355,154

NJJ

Continental

SA,

Facility

1st

Lien

Term

Loan

B3,

(3-mo.

EURIBOR

at

0.00%

Floor

+

2.50%),

4.52%

,

01/26/32

............

2,085

2,479,416

Rainbow

Finco

SARL,

Facility

1st

Lien

Term

Loan

B2,

(6-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.56%

,

02/26/29

............

4,103

4,885,636

Speed

Midco

3

SARL,

Facility

1st

Lien

Term

Loan

B,

(6-mo.

EURIBOR

at

0.00%

Floor

+

2.75%),

4.85%

,

10/07/32

............

5,979

7,077,842

Summer

BC

Holdco

B

SARL,

Facility

1st

Lien

Term

Loan

B,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

5.00%),

0.00%

,

02/15/29

......

USD

1,000

921,790

Tackle

SARL,

Facility

1st

Lien

Term

Loan

B2,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.32%

,

05/22/28

.

EUR

4,291

5,087,231

Traviata

III

SARL,

1st

Lien

Term

Loan,

(1-mo.

EURIBOR

at

0.00%

Floor

+

8.00%),

9.97% 01/22/33

(d)

......

8,425

9,562,263

64,360,740

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

30

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Netherlands

—

0.4%

(b)

Accell

Group

Holdings

BV,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

+

7.00%),

9.02%

,

02/09/28

(d)

.....

EUR

4,000

$

3,176,738

Fugue

Finance

BV,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.32%

,

01/09/32

......

2,135

2,529,583

Median

BV,

Facility

1st

Lien

Term

Loan

B1,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.93%),

6.94%

,

10/14/27

.....

6,355

7,377,947

Nobian

Finance

BV,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.52%

,

07/01/30

.

4,316

4,773,274

Peer

Holding

III

BV,

1st

Lien

Term

Loan

B6B,

(3-mo.

EURIBOR

at

0.00%

Floor

+

2.75%),

4.77%

,

07/01/31

.

6,000

7,126,040

Stage

Entertainment

BV,

Facility

1st

Lien

Term

Loan

B3,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.00%),

6.03%

,

06/01/29

............

4,000

4,573,460

VDK

Groep

BV,

1st

Lien

Term

Loan

B,

02/23/32

(s)

................

1,000

1,191,644

Ziggo

BV,

Facility

1st

Lien

Term

Loan

H,

(1-mo.

EURIBOR

at

0.00%

Floor

+

3.00%),

4.94%

,

01/31/29

......

39,843

46,629,333

77,378,019

New

Zealand

—

0.1%

FNZ

NZ

Finco

Ltd.,

1st

Lien

Term

Loan,

(Daily

SONIA

at

0.00%

Floor

+

6.00%),

6.00%

,

11/05/31

(b)

.....

GBP

8,500

9,314,434

Norway

—

0.0%

Sector

Alarm

Holding

A/S,

Facility

1st

Lien

Term

Loan

B3,

(3-

mo.

EURIBOR

+

3.50%),

5.57%

,

06/14/29

(b)

...........

EUR

2,055

2,436,890

Spain

—

0.1%

(b)

Aernnova

Aerospace

SAU,

Facility

1st

Lien

Term

Loan

B,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.00%),

6.03%

,

02/27/30

............

4,818

5,528,433

Cervantes

Bidco

SL,

1st

Lien

Term

Loan

B,

(6-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.36%

,

12/03/31

.

1,708

2,028,074

Dycom

Industries,

Inc.,

1st

Lien

Term

Loan

B,

01/21/33

(s)

...........

1,200

1,425,478

Seashell

Bidco

SL,

1st

Lien

Term

Loan

B,

(EUR0012M

at

0.00%

Floor

+

4.50%),

6.71%

,

12/15/32

......

1,243

1,478,745

10,460,730

Sweden

—

0.1%

(b)

Eleda

Management

AB,

Facility

1st

Lien

Term

Loan

B,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.52%

,

04/03/31

............

2,167

2,584,308

IGT

Holding

IV

AB,

Facility

1st

Lien

Term

Loan

B4,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.27%

,

08/29/31

............

4,000

4,709,775

Quimper

AB,

Facility

1st

Lien

Term

Loan

B,

(6-mo.

EURIBOR

at

0.00%

Floor

+

3.75%),

5.86%

,

03/29/30

.

2,543

3,016,419

Security

Par

(000)

Par

(000)

Value

Sweden

(continued)

Verisure

Holding

AB,

1st

Lien

Term

Loan

B,

(3-mo.

EURIBOR

at

0.00%

Floor

+

2.25%),

4.30%

,

10/25/32

.

EUR

3,000

$

3,570,772

13,881,274

United

Kingdom

—

0.5%

(b)

Allwyn

International

AG,

Facility

1st

Lien

Term

Loan

B,

03/22/32

(s)

....

1,500

1,779,145

Bellis

Acquisition

Co.

plc,

Facility

1st

Lien

Term

Loan

B,

(6-mo.

EURIBOR

at

0.00%

Floor

+

4.00%),

6.08%

,

05/12/31

............

4,819

4,985,210

Belron

Uk

Finance

plc,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

2.75%),

4.74%

,

10/16/31

.

2,627

3,115,602

Boots

Group

Bidco

Ltd.

(The),

1st

Lien

Term

Loan,

(Daily

SONIA

at

0.00%

Floor

+

4.75%),

4.75%

,

08/30/32

.

GBP

4,377

6,019,794

CD&R

Firefly

Bidco

plc,

Facility

1st

Lien

Term

Loan

B10,

(Daily

SONIA

at

0.00%

Floor

+

4.75%),

4.75%

,

04/30/29

............

3,389

4,647,442

Edge

Finco

plc,

Facility

1st

Lien

Term

Loan

B1,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.55%

,

08/22/31

.

EUR

1,000

1,191,941

EG

Finco

Ltd.,

1st

Lien

Term

Loan,

(EUR0012

at

0.00%

Floor

+

3.50%),

0.00%

,

01/29/31

............

2,000

2,370,700

Entain

Holdings

(Gibraltar)

Ltd.,

Facility

1st

Lien

Term

Loan

B4,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.52%

,

06/30/28

............

1,227

1,461,414

Hbx

Group

International

plc,

Facility

1st

Lien

Term

Loan

B,

(6-mo.

EURIBOR

at

0.00%

Floor

+

2.25%),

4.39%

,

02/13/32

............

5,761

6,798,806

INEOS

Finance

plc,

1st

Lien

Term

Loan,

(1-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.45%

,

06/23/31

.

4,360

3,936,908

INEOS

Quattro

Holdings

UK

Ltd.,

Facility

1st

Lien

Term

Loan

B,

(1-mo.

EURIBOR

at

0.00%

Floor

+

4.50%),

6.45%

,

04/03/29

............

5,050

4,281,647

Inspired

Finco

Holdings

Ltd.,

1st

Lien

Term

Loan

B6,

(1-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

5.20%

,

02/28/31

............

3,596

4,269,153

International

Entertainment

JJCo

3

Ltd.,

1st

Lien

Term

Loan

B,

(Daily

SONIA

at

0.00%

Floor

+

4.50%),

8.47%

,

04/19/32

(d)

...........

GBP

5,647

7,727,153

Leased

&

Tenanted

Pubs

1

Ltd.,

2nd

Lien

Term

Loan,

(Daily

SONIA

at

3.00%

Floor

+

9.38%),

9.38%

,

10/31/29

(d)

...........

2,928

3,726,415

Market

Bidco

Ltd.,

Facility

1st

Lien

Term

Loan

B3,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.50%),

6.55%

,

11/04/30

.

EUR

1,705

1,985,536

Market

Bidco

Ltd.,

Facility

1st

Lien

Term

Loan

B4,

(Daily

SONIA

+

5.25%),

9.33%

,

11/04/30

............

GBP

1,596

2,115,990

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

31

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

Kingdom

(continued)

Masorange

Holdco

Ltd.,

Facility

1st

Lien

Term

Loan

B5,

(6-mo.

EURIBOR

at

0.00%

Floor

+

2.25%),

4.38%

,

03/25/31

............

EUR

8,072

$

9,565,518

Modulaire

Group

Holdings

Ltd.,

Facility

1st

Lien

Term

Loan

B3,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.43%),

6.44%

,

07/10/31

............

3,000

3,300,263

Nomad

Foods

Europe

MidCo

Ltd.,

Facility

1st

Lien

Term

Loan

B1,

(6-mo.

EURIBOR

at

0.00%

Floor

+

2.50%),

4.63%

,

10/28/32

......

2,300

2,727,150

OCS

Group

Holding

Ltd.,

Facility

1st

Lien

Term

Loan

B1,

(Daily

SONIA

at

0.00%

Floor

+

5.75%),

5.75%

,

11/27/31

............

GBP

3,810

5,208,853

Platform

Bidco

Ltd.,

1st

Lien

Term

Loan

B,

09/29/31

(c)(s)

.............

EUR

1,000

1,182,387

Zegona

Holdco

Ltd.,

Facility

1st

Lien

Term

Loan

B3,

(6-mo.

EURIBOR

+

2.25%),

4.39%

,

07/17/29

......

3,226

3,825,372

86,222,399

United

States

—

1.4%

Allied

Universal

Holdco

LLC,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

3.25%),

6.92%

,

08/20/32

(b)

...........

USD

2,626

2,628,640

Alorica,

Inc.,

1st

Lien

Term

Loan

B,

(1-mo.

CME

Term

SOFR

at

1.00%

Floor

+

6.88%),

10.55%

,

12/21/27

(b)

(d)

......................

10,010

9,898,034

Altar

Bidco

,

Inc.,

2nd

Lien

Term

Loan,

(12-mo.

CME

Term

SOFR

at

0.50%

Floor

+

5.60%),

9.11%

,

02/01/30

(b)

14,590

13,678,230

Amentum

Holdings,

Inc.,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.00%),

5.67%

,

09/29/31

(b)

...........

4,478

4,472,364

Avaya,

Inc.,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

1.00%

Floor

+

7.50%),

11.17%

,

08/01/28

(b)

.....

36

33,004

Bally's

Corp.,

Facility

1st

Lien

Term

Loan

B,

(3-mo.

CME

Term

SOFR

at

0.50%

Floor

+

3.25%),

7.18%

,

10/02/28

(b)

...........

3,202

3,145,608

Beach

Acquisition

Bidco

LLC,

1st

Lien

Term

Loan

B2,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.52%

,

09/13/32

(b)

...........

EUR

2,071

2,467,252

Boxer

Parent

Co.,

Inc.,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.53%

,

07/30/31

(b)

2,946

3,408,476

Caesars

Entertainment,

Inc.,

1st

Lien

Term

Loan

B1,

(1-mo.

CME

Term

SOFR

at

0.50%

Floor

+

2.25%),

5.92%

,

02/06/31

(b)

...........

USD

8,295

8,228,991

Cirkul

Sr

Sec,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

7.50%),

16.30%

,

04/23/28

(b)

(d)

......................

6,846

5,725,427

Cloud

Software

Group,

Inc.,

1st

Lien

Term

Loan

B,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

3.25%),

6.92%

,

08/16/32

(b)

...........

3,118

3,020,572

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Clydesdale

Acquisition

Holdings,

Inc.,

1st

Lien

Term

Loan

B,

(1-mo.

CME

Term

SOFR

at

0.50%

Floor

+

3.18%),

6.85%

,

04/13/29

(b)

.....

USD

5,320

$

5,290,179

ConnectWise

LLC,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.50%

Floor

+

3.50%),

7.43%

,

09/29/28

(b)

3,737

3,593,391

CPV

Fairview

LLC,

1st

Lien

Term

Loan

B,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.50%),

6.17%

,

08/14/31

(b)

4,473

4,469,490

CSC

Holdings

LLC,

1st

Lien

Term

Loan

B5,

(US

Prime

Rate

at

0.00%

Floor

+

1.50%),

8.25%

,

04/15/27

(b)

....

1,807

1,610,182

CVR

CHC

LP,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

4.00%),

7.67%

,

12/30/27

(b)(d)

3,074

3,066,063

Digital

Room

Holdings,

Inc.,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.50%

Floor

+

5.25%),

9.07%

,

12/21/28

(b)

...........

3,496

3,429,520

DirecTV

Financing

LLC,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.75%

Floor

+

5.00%),

8.93%

,

08/02/27

(b)

...........

253

253,151

DirecTV

Financing

LLC,

1st

Lien

Term

Loan

B,

(3-mo.

CME

Term

SOFR

at

0.75%

Floor

+

5.50%),

9.17%

,

02/17/31

(b)

...........

6,310

6,306,567

ECL

Entertainment

LLC,

1st

Lien

Term

Loan

B,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

3.00%),

6.67%

,

08/30/30

(b)

...........

10,803

10,781,631

Fertitta

Entertainment

LLC,

1st

Lien

Term

Loan

B,

(1-mo.

CME

Term

SOFR

at

0.50%

Floor

+

3.25%),

6.92%

,

01/29/29

(b)

...........

5,986

5,968,470

Finastra

USA,

Inc.,

1st

Lien

Term

Loan,

(3-mo.

EURIBOR

at

0.00%

Floor

+

4.50%),

6.60%

,

09/15/32

(b)

.....

EUR

2,894

3,242,077

Galaxy

Universal

LLC,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

+

6.25%),

0.00%

(0.00%

Cash

or

6.25%

PIK),

05/16/28

(b)(d)(f)(o)

.....

USD

18,169

17,214,903

Gategroup

Finance

LUX

SA,

Facility

1st

Lien

Term

Loan

B2,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.50%),

5.57%

,

06/10/32

(b)

...........

EUR

1,456

1,734,203

GoTo

Group,

Inc.,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

4.75%),

8.57%

,

04/30/28

(b)

USD

3,265

2,066,760

Hunterstown

Generation

LLC,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

3.00%),

6.67%

,

11/06/31

(b)

...........

3,731

3,731,353

Hydrofarm

Holdings

Group,

Inc.,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

1.00%

Floor

+

5.50%),

9.17%

,

10/25/28

(b)(d)

..........

2,518

2,065,163

Icon

Parent

I,

Inc.,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.75%),

6.44%

,

11/13/31

(b)

12,322

12,106,520

Indy

US

Holdco

LLC,

1st

Lien

Term

Loan,

(1-mo.

EURIBOR

at

0.00%

Floor

+

2.75%),

4.70%

,

10/31/30

(b)

EUR

2,359

2,796,340

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

32

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

ITG

Communications

LLC

,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

4.75%),

8.42%

,

07/09/31

(b)

...........

USD

8,717

$

8,419,140

J&J

Ventures

Gaming

LLC,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.75%

Floor

+

3.50%),

7.17%

,

04/26/30

(b)

...........

3,990

3,940,319

Jack

Ohio

Finance

LLC,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.75%

Floor

+

4.00%),

7.67%

,

01/28/32

(b)

...........

1,652

1,637,069

Long

Point

Development

LLC,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

4.35%),

8.05%

,

01/01/28

(b)(d)

..........

7,900

7,900,000

Maverick

Gaming

LLC,

1st

Lien

Term

Loan,

(US

Prime

Rate

at

1.00%

Floor

+

7.50%),

15.25%

,

06/05/28

(b)

(d)(f)(n)

....................

3,412

1,876,464

Mavis

Tire

Express

Services

Topco

Corp.,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.75%

Floor

+

3.00%),

6.67%

,

05/04/28

(b)

.....

1,823

1,821,937

McAfee

Corp.,

1st

Lien

Term

Loan

B1,

(1-mo.

CME

Term

SOFR

at

0.50%

Floor

+

3.00%),

6.67%

,

03/01/29

(b)

7,193

6,347,939

Neptune

BidCo

US,

Inc.,

1st

Lien

Term

Loan

B,

(EUR0012

at

0.00%

Floor

+

5.00%),

0.00%

,

02/03/33

(b)

.....

EUR

1,000

1,185,350

OH

Partners

LLC,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.75%),

6.42%

,

11/12/32

(b)(d)

USD

3,606

3,596,857

Peninsula

Pacific

Entertainment

LLC,

Facility

1st

Lien

Term

Loan

B,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

4.75%),

8.42%

,

10/01/32

(b)(d)

....

6,249

6,264,556

Polaris

Newco

LLC,

1st

Lien

Term

Loan

(b)

(Daily

SONIA

at

0.00%

Floor

+

5.00%),

5.00%,

06/02/28

....

GBP

974

1,213,220

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.75%),

5.78%,

06/02/28

....

EUR

1,962

2,181,032

Project

Aurora

US

Finco

,

Inc.,

Facility

1st

Lien

Term

Loan

B1,

(3-mo.

EURIBOR

at

0.00%

Floor

+

3.25%),

3.25%

,

09/30/32

(b)

...........

2,000

2,380,586

Redstone

Buyer

LLC,

1st

Lien

Term

Loan

B1,

8.00%

,

12/31/30

(b)

.....

USD

1,625

568,848

Redstone

Holdco

2

LP,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

5.50%),

9.17%

,

12/31/30

(b)

...........

5,862

2,931,128

Redstone

Holdco

2

LP,

1st

Lien

Term

Loan

A-1,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

5.50%),

0.00%

,

12/31/30

(b)(d)

..........

3,467

2,947,200

Redstone

Holdco

2

LP,

1st

Lien

Term

Loan

A2,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

5.25%),

8.92%

,

12/31/30

(b)

...........

1,313

1,115,965

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Runitonetime

LLC,

1st

Lien

Term

Loan

(b)(d)

(1-mo.

CME

Term

SOFR

at

1.00%

Floor

+

1.00%),

4.67%,

04/16/26

USD

99

$

97,538

(1-mo.

CME

Term

SOFR

at

1.00%

Floor

+

1.00%),

4.72%,

05/06/26

2,030

1,997,271

(1-mo.

CME

Term

SOFR

at

2.00%

Floor

+

12.50%),

16.17%,

05/06/26

...............

1,194

1,194,226

Sodalite

Tahoe

Hotel

LLC,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.90%),

8.34%

,

10/25/26

(b)(d)

..........

11,574

11,386,868

Tenaska

Pennsylvania

Partners

LLC,

1st

Lien

Term

Loan

B,

5.67%

,

01/28/33

(d)

...........

2,870

2,870,000

TransDigm

,

Inc.,

1st

Lien

Term

Loan

J,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

2.50%),

6.17%

,

02/28/31

(b)

2,288

2,286,645

Vaco

Holdings

LLC,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.60%

Floor

+

5.00%),

8.82%

,

01/22/29

(b)

4,152

3,344,104

VeriFone

Systems,

Inc.,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

0.00%

Floor

+

5.25%),

9.18%

,

08/18/28

(b)

...........

8,637

7,933,775

West

Deptford

Energy

Holdings

LLC,

1st

Lien

Term

Loan,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

4.00%),

7.67%

,

07/26/32

(b)

.....

3,466

3,450,440

X

Corp.,

1st

Lien

Term

Loan

B1,

(6-mo.

CME

Term

SOFR

at

0.50%

Floor

+

6.50%),

10.45%

,

10/26/29

(b)

.....

832

830,208

Xerox

Corp.,

1st

Lien

Term

Loan,

(3-mo.

CME

Term

SOFR

at

4.25%

at

0.50%

Floor

+

0.00%),

7.63%

-

7.73%

,

11/19/29

(b)

...........

3,740

2,882,650

241,033,896

Total

Floating

Rate

Loan

Interests

—

3.6%

(Cost:

$611,424,816)

.............................

618,921,456

Foreign

Agency

Obligations

Chile

—

0.0%

Corp.

Nacional

del

Cobre

de

Chile,

6.44%,

01/26/36

(c)

...........

200

214,328

Empresa

Nacional

del

Petroleo

,

5.95%,

07/30/34

(a)

................

200

208,632

422,960

Colombia

—

0.0%

Ecopetrol

SA,

8.88%,

01/13/33

.....

1,256

1,346,746

Costa

Rica

—

0.0%

Instituto

Costarricense

de

Electricidad

,

6.38%,

05/15/43

(a)

...........

212

210,198

France

—

0.0%

Electricite

de

France

SA

(b)(c)(r)

(5-Year

EUR

Swap

Annual

+

3.97%),

3.38%

...........

EUR

1,000

1,147,241

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.28%),

5.63%

...........

600

752,873

1,900,114

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

33

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Hungary

—

0.0%

(c)

Magyar

Export-Import

Bank

Zrt

.,

6.00%,

05/16/29

.................

EUR

1,084

$

1,374,530

MVM

Energetika

Zrt

.,

7.50%,

06/09/28

USD

724

763,610

2,138,140

India

—

0.0%

Power

Finance

Corp.

Ltd.,

1.84%,

09/21/28

(c)

................

EUR

100

113,999

Indonesia

—

0.1%

(c)

Bank

Negara

Indonesia

Persero

Tbk

.

PT,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.47%),

4.30%

(b)(r)

...........

USD

1,250

1,224,000

Perusahaan

Perseroan

Persero

PT

Perusahaan

Listrik

Negara

1.88%,

11/05/31

............

EUR

700

740,805

4.88%,

07/17/49

............

USD

500

419,280

4.00%,

06/30/50

............

500

359,975

2,744,060

Kazakhstan

—

0.0%

Development

Bank

of

Kazakhstan

JSC

13.49%,

05/23/28

(a)

..........

KZT

371,000

690,736

13.49%,

05/23/28

(c)

..........

167,000

310,924

1,001,660

Mexico

—

0.0%

Petroleos

Mexicanos

8.75%,

06/02/29

............

USD

1,316

1,412,973

5.95%,

01/28/31

............

1,217

1,185,845

2,598,818

Morocco

—

0.0%

OCP

SA

5.13%,

06/23/51

(c)

...........

582

470,273

7.50%,

05/02/54

(a)

...........

1,104

1,202,306

1,672,579

Peru

—

0.0%

(a)

Corp.

Financiera

de

Desarrollo

SA,

5.50%,

05/06/30

............

680

701,964

Petroleos

del

Peru

SA,

4.75%,

06/19/32

769

580,691

1,282,655

Republic

of

Turkiye

—

0.0%

Turkiye

Varlik

Fonu

Yonetimi

A/S,

8.25%,

02/14/29

(c)

...........

520

557,212

Total

Foreign

Agency

Obligations

—

0.1%

(Cost:

$14,912,837)

..............................

15,989,141

Foreign

Government

Obligations

Argentina

—

0.0%

Argentine

Republic

(The),

0.75%,

07/09/30

(q)

................

728

617,020

Armenia

—

0.0%

Republic

of

Armenia,

6.75%,

03/12/35

(a)

451

470,731

Bahrain

—

0.0%

Kingdom

of

Bahrain,

5.45%,

09/16/32

(c)

587

556,552

Barbados

—

0.0%

Barbados

Government

Bond,

8.00%,

06/26/35

(a)

................

1,233

1,320,543

Security

Par

(000)

Par

(000)

Value

Benin

—

0.0%

Benin

Government

Bond,

7.96%,

02/13/38

(a)

................

USD

1,317

$

1,377,003

Brazil

—

0.2%

Federative

Republic

of

Brazil

10.00%,

01/01/27

...........

BRL

93

17,290,317

6.00%,

08/15/30

............

11

8,656,042

6.63%,

03/15/35

............

USD

1,198

1,233,940

27,180,299

Bulgaria

—

0.0%

Bulgaria

Government

Bond,

5.00%,

03/05/37

(c)

................

740

728,900

Cameroon

—

0.0%

Republic

of

Cameroon,

8.88%,

01/30/33

(c)

................

645

620,006

Canada

—

0.2%

Canadian

Government

Bond,

2.75%,

03/01/30

.................

CAD

44,128

32,263,202

Chile

—

0.0%

Republic

of

Chile

3.75%,

01/14/32

............

EUR

570

690,176

4.34%,

03/07/42

............

USD

1,097

976,330

1,666,506

China

—

0.0%

People's

Republic

of

China,

2.11%,

08/25/34

.................

CNY

25,520

3,767,656

Colombia

—

0.2%

Republic

of

Colombia

5.75%,

11/03/27

............

COP

42,708,800

10,424,284

7.75%,

09/18/30

............

34,706,200

7,773,030

6.13%,

01/21/31

............

USD

340

339,660

8.00%,

04/20/33

............

805

866,180

8.00%,

11/14/35

............

355

380,294

7.75%,

11/07/36

............

702

736,398

6.50%,

11/26/38

............

EUR

539

626,605

7.25%,

10/26/50

............

COP

5,032,300

841,833

Titulos

de

Tesoreria

,

12.50%,

02/27/30

6,205,300

1,640,702

23,628,986

Costa

Rica

—

0.0%

Republic

of

Costa

Rica

6.55%,

04/03/34

(c)

...........

USD

540

584,280

7.30%,

11/13/54

(a)

...........

544

606,152

1,190,432

Czech

Republic

—

0.0%

Czech

Republic,

4.50%,

11/11/32

...

CZK

115,320

5,755,006

Dominican

Republic

—

0.1%

Dominican

Republic

Government

Bond

(a)

4.50%,

01/30/30

............

USD

1,403

1,370,731

7.05%,

02/03/31

............

1,157

1,240,304

10.75%,

06/01/36

...........

DOP

163,050

2,840,041

6.95%,

03/15/37

............

USD

593

634,510

6,085,586

Ecuador

—

0.0%

Republic

of

Ecuador,

9.25%,

01/29/39

(a)

910

935,025

Egypt

—

0.0%

Arab

Republic

of

Egypt

24.46%,

10/01/27

...........

EGP

39,840

859,461

24.14%,

12/03/27

...........

4,907

106,021

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

34

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Egypt

(continued)

21.38%,

02/04/28

...........

EGP

54,129

$

1,156,519

23.44%,

07/01/28

...........

44,459

958,383

5.63%,

04/16/30

(c)

...........

EUR

649

764,003

9.45%,

02/04/33

(a)

...........

USD

513

577,125

8.50%,

01/31/47

(a)

...........

655

632,845

7.50%,

02/16/61

(a)

...........

768

654,336

5,708,693

France

—

0.1%

French

Republic,

3.20%,

05/25/35

(a)(c)

EUR

7,811

9,138,433

Gabon

—

0.0%

Gabon

Government

Bond,

9.50%,

02/18/29

(c)

................

USD

504

473,448

Guatemala

—

0.0%

Republic

of

Guatemala

(a)

7.05%,

10/04/32

............

1,184

1,292,040

6.60%,

06/13/36

............

516

552,120

6.25%,

08/15/36

............

722

751,783

2,595,943

Hungary

—

0.0%

Hungary

Government

Bond

5.25%,

06/16/29

(a)

...........

817

831,706

7.00%,

10/24/35

............

HUF

1,253,510

4,007,445

5.50%,

03/26/36

(a)

...........

USD

475

472,150

6.75%,

09/23/55

(a)

...........

721

748,939

6,060,240

India

—

0.0%

Republic

of

India,

6.79%,

10/07/34

..

INR

445,700

4,860,005

Indonesia

—

0.1%

Republic

of

Indonesia

7.00%,

05/15/27

............

IDR

118,791,000

7,260,140

3.88%,

01/15/33

............

EUR

563

671,730

7,931,870

Ireland

—

0.4%

Republic

of

Ireland,

2.60%,

10/18/34

(c)

58,986

68,074,154

Italy

—

0.2%

Buoni

Poliennali

del

Tesoro,

2.95%,

07/01/30

(c)

................

25,610

30,765,143

Ivory

Coast

—

0.0%

Republic

of

Cote

d'Ivoire

6.38%,

03/03/28

(c)

...........

USD

400

405,130

5.88%,

10/17/31

(c)

...........

EUR

1,254

1,522,660

8.08%,

04/01/36

(a)

...........

USD

600

640,200

8.25%,

01/30/37

(a)

...........

484

520,184

3,088,174

Japan

—

0.0%

Japan

Government

Bond,

3.20%,

09/20/55

.................

JPY

710,200

4,271,755

Jordan

—

0.0%

Hashemite

Kingdom

of

Jordan,

7.50%,

01/13/29

(a)

................

USD

471

493,373

Kenya

—

0.0%

Republic

of

Kenya

(a)

9.75%,

02/16/31

............

652

720,786

8.80%,

10/09/38

............

432

437,616

1,158,402

Security

Par

(000)

Par

(000)

Value

Kyrgyzstan

—

0.0%

Kyrgyz

Republic

International

Bond,

7.75%,

06/03/30

(a)

...........

USD

830

$

860,866

Latvia

—

0.0%

Latvia

Government

Bond,

5.13%,

07/30/34

(a)

................

1,414

1,434,347

Mexico

—

0.3%

Eagle

Funding

Luxco

SARL,

5.50%,

08/17/30

(a)

................

4,306

4,370,590

Mex

Bonos

Desarr

Fix

Rt

7.00%,

09/03/26

............

MXN

2,746

15,710,994

8.50%,

03/01/29

............

1,049

6,102,164

5.38%,

03/22/33

............

USD

925

914,825

7.50%,

05/26/33

............

MXN

3,388

18,254,412

5.63%,

09/22/35

............

USD

1,000

982,000

United

Mexican

States

5.63%,

02/09/34

............

820

818,360

6.63%,

01/29/38

............

620

643,560

5.13%,

03/19/38

............

EUR

444

525,374

5.38%,

05/16/40

............

331

390,193

7.38%,

05/13/55

............

USD

2,859

3,070,566

6.75%,

02/09/56

............

612

606,492

52,389,530

Montenegro

—

0.0%

Republic

of

Montenegro,

2.88%,

12/16/27

(c)

................

EUR

549

641,087

Morocco

—

0.0%

Kingdom

of

Morocco

(a)

5.95%,

03/08/28

............

USD

550

565,640

4.75%,

04/02/35

............

EUR

1,155

1,390,040

1,955,680

Nigeria

—

0.0%

Federal

Republic

of

Nigeria

10.38%,

12/09/34

(a)

..........

USD

647

764,107

9.13%,

01/13/46

(a)

...........

571

612,398

7.63%,

11/28/47

(c)

...........

784

733,040

2,109,545

North

Macedonia

—

0.0%

Republic

of

North

Macedonia,

6.96%,

03/13/27

(c)

................

EUR

538

656,748

Oman

—

0.0%

Oman

Government

Bond,

6.75%,

01/17/48

(c)

................

USD

1,059

1,140,543

Panama

—

0.0%

Republic

of

Panama

7.50%,

03/01/31

............

1,046

1,155,307

6.40%,

02/14/35

............

1,076

1,124,780

2,280,087

Paraguay

—

0.0%

Republic

of

Paraguay

(c)

2.74%,

01/29/33

............

603

535,464

5.60%,

03/13/48

............

482

459,346

994,810

Peru

—

0.0%

Republic

of

Peru

2.78%,

01/23/31

............

1,212

1,121,100

1.86%,

12/01/32

............

788

654,828

7.60%,

08/12/39

(a)

...........

PEN

3,726

1,216,474

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

35

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Peru

(continued)

7.60%,

08/12/39

(c)

...........

PEN

3,472

$

1,133,548

4,125,950

Philippines

—

0.2%

Republic

of

Philippines

6.25%,

02/28/29

............

PHP

199,950

3,480,390

6.38%,

07/27/30

............

287,480

5,029,690

6.00%,

08/20/30

............

488,955

8,429,748

6.38%,

04/28/35

............

500,670

8,751,331

25,691,159

Poland

—

0.2%

Republic

of

Poland

5.75%,

04/25/29

............

PLN

29,975

8,901,069

4.75%,

07/25/29

............

16,979

4,896,814

4.88%,

10/04/33

............

USD

366

369,045

5.00%,

10/25/34

............

PLN

19,310

5,446,461

5.00%,

10/25/35

............

17,317

4,841,680

2.00%,

08/25/36

............

6,331

1,647,533

5.50%,

04/04/53

............

USD

889

840,141

26,942,743

Republic

of

Turkiye

—

0.0%

Republic

of

Turkiye

(The)

31.08%,

11/08/28

...........

TRY

44,060

1,013,176

30.00%,

09/12/29

...........

25,810

586,240

7.13%,

02/12/32

............

USD

1,207

1,260,712

6.30%,

03/14/33

............

620

613,800

3,473,928

Romania

—

0.0%

Romania

Government

Bond

5.25%,

11/25/27

(a)

...........

662

671,268

2.12%,

07/16/31

(c)

...........

EUR

874

928,511

6.25%,

09/10/34

(a)

...........

1,165

1,482,777

6.75%,

07/11/39

(a)

...........

591

755,709

6.50%,

10/07/45

(a)

...........

813

1,004,348

4,842,613

Saudi

Arabia

—

0.0%

Kingdom

of

Saudi

Arabia,

5.00%,

01/18/53

(a)

................

USD

1,083

943,564

Serbia

—

0.0%

Republic

of

Serbia

6.50%,

09/26/33

(c)

...........

669

719,597

6.00%,

06/12/34

(a)

...........

584

605,018

1,324,615

South

Africa

—

0.3%

Republic

of

South

Africa

8.00%,

01/31/30

............

ZAR

320,000

20,345,773

7.00%,

02/28/31

............

260,799

15,854,042

7.10%,

11/19/36

(a)

...........

USD

643

682,207

8.50%,

01/31/37

............

ZAR

135,370

8,440,895

5.00%,

10/12/46

............

USD

920

699,071

5.75%,

09/30/49

............

1,303

1,070,942

7.95%,

11/19/54

(a)

...........

880

922,517

7.25%,

12/11/55

(a)

...........

226

219,390

48,234,837

Spain

—

0.3%

Bonos

y

Obligaciones

del

Estado

2.70%,

01/31/30

............

EUR

28,680

34,293,302

3.15%,

04/30/35

(a)(c)

..........

7,243

8,574,329

42,867,631

Security

Par

(000)

Par

(000)

Value

Thailand

—

0.1%

Kingdom

of

Thailand

2.50%,

11/17/29

............

THB

504,035

$

16,663,271

2.41%,

03/17/35

............

157,044

5,186,897

4.00%,

06/17/55

............

3,748

144,606

21,994,774

Trinidad

and

Tobago

—

0.0%

Republic

of

Trinidad

&

Tobago,

6.50%,

01/28/36

(a)

................

USD

1,271

1,267,035

Ukraine

—

0.0%

Ukraine

Government

Bond

(a)(q)

4.50%,

02/01/29

............

215

166,786

0.00%,

02/01/30

............

25

16,039

0.00%,

02/01/34

............

61

29,699

4.50%,

02/01/34

............

134

83,941

0.00%,

02/01/35

............

52

29,115

0.00%,

02/01/36

............

52

28,891

354,471

United

Arab

Emirates

—

0.0%

United

Arab

Emirates

Government

Bond,

3.90%,

09/09/50

(c)

.......

836

614,987

United

Kingdom

—

0.4%

U.K.

Treasury

Bonds,

4.38%,

03/07/30

(c)

GBP

50,234

69,820,236

Uruguay

—

0.0%

Oriental

Republic

of

Uruguay

9.75%,

07/20/33

............

UYU

36,384

1,064,392

8.00%,

10/29/35

............

51,117

1,380,729

5.25%,

09/10/60

............

USD

1,022

944,790

3,389,911

Uzbekistan

—

0.0%

Republic

of

Uzbekistan

(a)

5.38%,

05/29/27

............

EUR

673

813,344

7.85%,

10/12/28

............

USD

524

561,010

1,374,354

Total

Foreign

Government

Obligations

—

3.3%

(Cost:

$539,321,823)

.............................

574,509,137

Shares

Shares

Grantor

Trust

(g)(l)

iShares

Bitcoin

Trust

ETF

(f)

.......

933,131

44,314,391

iShares

Ethereum

Trust

ETF

......

306,700

6,186,139

Total

Grantor

Trust

—

0.3%

(Cost:

$52,040,788)

..............................

50,500,530

Investment

Companies

iShares

AAA

CLO

Active

ETF

(g)(h)

...

300,000

15,613,500

iShares

Broad

USD

High

Yield

Corporate

Bond

ETF

(g)

........

505,031

19,009,367

iShares

China

Large-Cap

ETF

(g)(h)

...

1,018,427

40,339,894

iShares

Core

S&P

Small-Cap

ETF

(g)

.

76,782

9,753,617

iShares

MSCI

Brazil

ETF

(g)(h)

......

262,112

9,708,628

KraneShares

CSI

China

Internet

ETF

494,900

17,509,562

SPDR

Gold

Shares

(k)

(l)

..........

1,090,592

485,258,911

State

Street

Blackstone

Senior

Loan

ETF

(h)

...................

203,395

8,331,059

State

Street

SPDR

S&P

Homebuilders

ETF

(h)

...................

76,392

8,280,893

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

36

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

State

Street

SPDR

S&P

Regional

Banking

ETF

(h)

.............

270,914

$

18,641,592

VanEck

Semiconductor

ETF

(h)

.....

40,169

16,206,585

Total

Investment

Companies

—

3.7%

(Cost:

$480,861,707)

.............................

648,653,608

Par

(000)

Pa

r

(

000)

Municipal

Bonds

(a)

Arizona

-

0.0%

Maricopa

County

Industrial

Development

Authority

,

Series

2024,

RB

,

7.38

%

, 10/01/29

.........

USD

3,435

3,661,342

Texas

-

0.1%

Port

of

Beaumont

Navigation

District

,

Series

2024B,

RB

,

10.00

%

, 07/01/26

4,920

4,934,264

Total

Municipal

Bonds

—

0.1%

(Cost:

$8,355,000)

..............................

8,595,606

Non-Agency

Mortgage-Backed

Securities

Collateralized

Mortgage

Obligations

—

0.4%

United

States

—

0.4%

J.P.

Morgan

Mortgage

Trust

(a)(b)

Series

2021-INV5,

Class

A2A,

2.50%,

12/25/51

..........

14,208

11,979,256

Series

2021-INV7,

Class

A3A,

2.50%,

02/25/52

..........

20,564

18,695,111

Series

2021-INV7,

Class

A4A,

2.50%,

02/25/52

..........

10,574

7,357,906

MCM

Associates

Ltd.

(d)

0.00%,

09/25/31

(e)

..........

11,196

9,109,811

2.50%,

09/25/31

...........

13,687

12,973,114

MCM

Trust

(d)

Series

2018-NPL2, 3.00%,

09/25/31

1,229

1,165,310

Series

2021-VFN1, 3.00%,

09/25/31

248

202,042

TVC

DSCR,

Series

2021-1,

Class

A,

2.38%,

02/01/51

(a)(d)

..........

11,183

10,575,525

TVC

Holding,

Series

2021-1,

2.38%,

03/25/28

(d)

................

6,340

5,382,780

77,440,855

Commercial

Mortgage-Backed

Securities

—

1.5%

Cayman

Islands

—

0.0%

MF1

Multifamily

Housing

Mortgage

Loan

Trust,

Series

2021-W10,

Class

F,

(1-mo.

CME

Term

SOFR

at

3.37%

Floor

+

3.37%),

7.05%,

12/15/34

(a)(b)

4,602

4,602,372

United

States

—

1.5%

1211

Avenue

of

the

Americas

Trust,

Series

2015-1211,

Class

D,

4.14%,

08/10/35

(a)(b)

...............

4,330

3,961,950

1301

Trust,

Series

2025-1301,

Class

A,

5.06%,

08/11/42

(a)(b)

..........

3,210

3,260,599

Arbor

Multifamily

Mortgage

Securities

Trust,

Series

2020-MF1,

Class

E,

1.75%,

05/15/53

(a)

...........

1,650

1,364,701

Atrium

Hotel

Portfolio

Trust,

Series

2025-ATRM,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.65%

Floor

+

1.65%),

5.33%,

08/15/42

(a)(b)

....

1,630

1,634,678

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

BAHA

Trust,

Series

2024-MAR,

Class

C,

7.77%,

12/10/41

(a)(b)

........

USD

5,180

$

5,441,399

BAMLL

Trust,

Series

2025-ASHF,

Class

E,

(1-mo.

CME

Term

SOFR

at

5.25%

Floor

+

5.25%),

8.93%,

02/15/42

(a)(b)

7,688

7,695,254

BAY

Mortgage

Trust,

Series

2025-LIVN,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.80%

Floor

+

1.80%),

5.48%,

05/15/35

(a)(b)

...............

1,560

1,560,457

Bayview

Commercial

Asset

Trust

(a)(b)

Series

2005-3A,

Class

M6,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

1.16%),

4.90%,

11/25/35

...

209

237,590

Series

2006-3A,

Class

M1,

(1-mo.

CME

Term

SOFR

at

0.00%

Floor

+

0.62%),

4.30%,

10/25/36

...

187

180,354

BBCMS

Mortgage

Trust,

Series

2018-

TALL,

Class

C,

(1-mo.

CME

Term

SOFR

at

1.27%

Floor

+

1.32%),

5.00%,

03/15/37

(a)(b)

..........

4,880

4,416,878

BFLD

Commercial

Mortgage

Trust,

Series

2025-5MW,

Class

E,

7.91%,

10/10/42

(a)(b)

...............

6,763

7,102,706

BHMS

Commercial

Mortgage

Trust,

Series

2025-ATLS,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.85%

Floor

+

1.85%),

5.53%,

08/15/42

(a)(b)

....

3,650

3,672,813

BMP,

Series

2024-MF23,

Class

E,

(1-mo.

CME

Term

SOFR

at

3.39%

Floor

+

3.39%),

7.07%,

06/15/41

(a)(b)

2,352

2,363,760

BWAY

Mortgage

Trust,

Series

2013-

1515,

Class

D,

3.63%,

03/10/33

(a)

.

3,735

3,361,358

BX

Commercial

Mortgage

Trust

(a)

Series

2020-VIV4,

Class

A,

2.84%,

03/09/44

...............

1,425

1,329,470

Series

2021-XL2,

Class

A,

(1-mo.

CME

Term

SOFR

at

0.69%

Floor

+

0.80%),

4.48%,

10/15/38

(b)

..

744

744,075

Series

2021-XL2,

Class

F,

(1-mo.

CME

Term

SOFR

at

2.24%

Floor

+

2.36%),

6.04%,

10/15/38

(b)

..

11,484

11,479,911

Series

2024-GPA3,

Class

B,

(1-mo.

CME

Term

SOFR

at

1.64%

Floor

+

1.64%),

5.32%,

12/15/39

(b)

..

8,089

8,111,947

Series

2024-KING,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.54%

Floor

+

1.54%),

5.22%,

05/15/34

(b)

..

3,020

3,022,127

Series

2024-MDHS,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.64%

Floor

+

1.64%),

5.32%,

05/15/41

(b)

..

1,971

1,974,916

Series

2024-XL5,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.39%

Floor

+

1.39%),

5.07%,

03/15/41

(b)

..

3,665

3,669,229

BX

Trust

(a)(b)

Series

2019-OC11,

Class

D,

3.94%,

12/09/41

...............

8,408

8,040,214

Series

2019-OC11,

Class

E,

3.94%,

12/09/41

...............

11,784

10,921,628

Series

2024-CNYN,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.44%

Floor

+

1.44%),

5.12%,

04/15/41

...

4,599

4,604,911

Series

2024-VLT4,

Class

E,

(1-mo.

CME

Term

SOFR

at

2.89%

Floor

+

2.89%),

6.57%,

06/15/41

...

2,571

2,570,992

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

37

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Series

2024-VLT4,

Class

F,

(1-mo.

CME

Term

SOFR

at

3.94%

Floor

+

3.94%),

7.62%,

06/15/41

...

USD

6,427

$

6,434,286

Series

2025-LIFE,

Class

A,

5.88%,

06/13/47

...............

2,350

2,409,645

Series

2025-ROIC,

Class

E,

(1-mo.

CME

Term

SOFR

at

2.94%

Floor

+

2.94%),

6.62%,

03/15/30

...

4,483

4,466,186

Series

2025-VLT6,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.44%

Floor

+

1.44%),

5.12%,

03/15/42

...

2,590

2,593,238

CD

Mortgage

Trust,

Series

2017-CD6,

Class

B,

3.91%,

11/13/50

(b)

.....

864

821,467

CFSP

Mortgage

Trust,

Series

2024-

AHP1,

Class

A,

6.50%,

04/15/37

.

5,098

4,898,817

CONE

Trust,

Series

2024-DFW1,

Class

E,

(1-mo.

CME

Term

SOFR

at

3.89%

Floor

+

3.89%),

7.57%,

08/15/41

(a)(b)

2,960

2,957,849

CSAIL

Commercial

Mortgage

Trust,

Series

2016-C5,

Class

C,

4.40%,

11/15/48

(b)

................

105

103,103

CSMC

Trust

(a)(b)

Series

2020-FACT,

Class

E,

(1-mo.

CME

Term

SOFR

at

4.86%

Floor

+

5.48%),

9.16%,

10/15/37

...

1,103

999,704

Series

2022-LION,

Class

A,

(1-mo.

CME

Term

SOFR

at

0.15%

Floor

+

3.44%),

7.12%,

02/15/27

(d)

..

11,900

11,837,730

DBGS,

Series

2024-SBL,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.88%

Floor

+

1.88%),

5.56%,

08/15/34

(a)(b)

1,300

1,300,000

DGWD

Trust,

Series

2025-INFL,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.60%

Floor

+

1.60%),

5.28%,

08/15/35

(a)(b)

5,235

5,256,516

DK

Trust,

Series

2025-LXP,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.59%

Floor

+

1.59%),

5.27%,

08/15/37

(a)(b)

1,087

1,089,038

ELM

Trust,

Series

2024-ELM,

Class

E10,

8.05%,

06/10/39

(a)(b)

......

5,730

5,749,026

GS

Mortgage

Securities

Corp.

Trust

(a)(b)

Series

2021-ROSS,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.15%

Floor

+

1.41%),

5.10%,

05/15/26

...

1,480

1,431,900

Series

2025-800D,

Class

A,

(1-mo.

CME

Term

SOFR

at

2.65%

Floor

+

2.65%),

6.33%,

11/25/41

...

7,245

7,263,170

GS

Mortgage

Securities

Trust,

Series

2020-GC47,

Class

AS,

2.73%,

05/12/53

.................

4,426

4,050,665

HILT

Commercial

Mortgage

Trust

(a)(b)

Series

2024-ORL,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.54%

Floor

+

1.54%),

5.22%,

05/15/37

...

5,135

5,144,628

Series

2024-ORL,

Class

D,

(1-mo.

CME

Term

SOFR

at

3.19%

Floor

+

3.19%),

6.87%,

05/15/37

...

5,979

6,005,158

Hudson

Yards

Mortgage

Trust,

Series

2016-10HY,

Class

E,

2.98%,

08/10/38

(a)(b)

...............

897

881,704

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

(a)(b)

Series

2018-WPT,

Class

DFL,

(1-

mo.

CME

Term

SOFR

at

2.25%

Floor

+

2.49%),

6.18%,

07/05/33

1,253

638,830

Series

2022-OPO,

Class

C,

3.45%,

01/05/39

...............

3,082

2,573,471

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

JW

Commercial

Mortgage

Trust,

Series

2024-MRCO,

Class

D,

(1-mo.

CME

Term

SOFR

at

3.19%

Floor

+

3.19%),

6.87%,

06/15/39

(a)(b)

....

USD

2,120

$

2,125,300

KSL

Commercial

Mortgage

Trust,

Series

2024-HT2,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.54%

Floor

+

1.54%),

5.22%,

12/15/39

(a)(b)

....

3,787

3,786,539

LoanCore

2025

Issuer

LLC,

Series

2025-CRE8,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.39%

Floor

+

1.39%),

5.06%,

08/17/42

(a)(b)

....

5,220

5,230,391

MCR

Mortgage

Trust,

Series

2024-

TWA,

Class

E,

8.73%,

06/12/39

(a)

.

1,974

1,999,253

MHC

Commercial

Mortgage

Trust

(a)(b)

Series

2021-MHC,

Class

E,

(1-mo.

CME

Term

SOFR

at

2.10%

Floor

+

2.22%),

5.90%,

04/15/38

...

135

134,542

Series

2021-MHC,

Class

F,

(1-mo.

CME

Term

SOFR

at

2.60%

Floor

+

2.72%),

6.40%,

04/15/38

...

902

901,600

MHP

Commercial

Mortgage

Trust,

Series

2021-STOR,

Class

G,

(1-mo.

CME

Term

SOFR

at

2.75%

Floor

+

2.86%),

6.55%,

07/15/38

(a)(b)

....

3,936

3,931,080

Morgan

Stanley

Capital

I

Trust,

Series

2018-MP,

Class

A,

4.28%,

07/11/40

(a)

(b)

......................

2,110

1,962,461

NYC

Commercial

Mortgage

Trust,

Series

2025-3BP,

Class

A,

(1-mo.

CME

Term

SOFR

at

1.21%

Floor

+

1.21%),

4.89%,

02/15/42

(a)(b)

....

2,623

2,624,639

ONNI

Commerical

Mortgage

Trust,

Series

2024-APT,

Class

A,

5.75%,

07/15/39

(a)(b)

...............

2,600

2,644,262

PENN

Commercial

Mortgage

Trust,

Series

2025-P11,

Class

A,

5.34%,

08/10/42

(a)(b)

...............

2,732

2,809,677

PKHL

Commercial

Mortgage

Trust,

Series

2021-MF,

Class

F,

(1-mo.

CME

Term

SOFR

at

3.35%

Floor

+

3.46%),

7.15%,

07/15/38

(a)(b)

....

929

253,211

PRM5

Trust,

Series

2025-PRM5,

Class

D,

5.81%,

03/10/33

(a)(b)

........

5,600

5,616,432

SCG

Commercial

Mortgage

Trust,

Series

2025-DLFN,

Class

E,

(1-mo.

CME

Term

SOFR

at

2.95%

Floor

+

2.95%),

6.63%,

03/15/35

(a)(b)

....

2,965

2,957,588

SREIT

Trust

(a)(b)

Series

2021-MFP,

Class

A,

(1-mo.

CME

Term

SOFR

at

0.73%

Floor

+

0.85%),

4.53%,

11/15/38

...

—

(t)

1

Series

2021-MFP,

Class

F,

(1-mo.

CME

Term

SOFR

at

2.63%

Floor

+

2.74%),

6.42%,

11/15/38

...

8,244

8,241,558

Series

2021-MFP2,

Class

F,

(1-mo.

CME

Term

SOFR

at

2.62%

Floor

+

2.73%),

6.41%,

11/15/36

...

2,325

2,325,000

UBS

Commercial

Mortgage

Trust,

Series

2019-C17,

Class

A4,

2.92%,

10/15/52

.................

1,175

1,118,089

VEGAS,

Series

2024-GCS,

Class

C,

6.22%,

07/10/36

(a)(b)

..........

6,220

6,360,722

VEGAS

Trust,

Series

2024-GCS,

Class

D,

6.22%,

07/10/36

(a)(b)

........

7,010

7,093,066

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

38

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

VNDO

Trust,

Series

2016-350P,

Class

D,

3.90%,

01/10/35

(a)(b)

........

USD

2,150

$

2,122,827

Wells

Fargo

Commercial

Mortgage

Trust

(a)(b)

Series

2018-1745,

Class

A,

3.75%,

06/15/36

...............

1,376

1,296,251

Series

2024-1CHI,

Class

A,

5.48%,

07/15/35

...............

2,620

2,641,798

249,806,335

Interest

Only

Commercial

Mortgage-Backed

Securities

—

0.0%

United

States

—

0.0%

(b)

Benchmark

Mortgage

Trust,

Series

2021-B23,

Class

XA,

1.25%,

02/15/54

.................

53,865

2,403,580

GS

Mortgage

Securities

Trust,

Series

2020-GSA2,

Class

XA,

1.65%,

12/12/53

(a)

................

2,061

123,821

Wells

Fargo

Commercial

Mortgage

Trust

Series

2020-C58,

Class

XA,

1.79%,

07/15/53

...............

29,211

1,863,948

Series

2021-C59,

Class

XA,

1.48%,

04/15/54

...............

24,265

1,339,006

5,730,355

Total

Non-Agency

Mortgage-Backed

Securities

—

1.9%

(Cost:

$352,173,331)

.............................

337,579,917

Preferred

Securities

Capital

Trusts

—

0.6%

Canada

—

0.0%

TELUS

Corp.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.52%),

6.63%, 06/09/56

(b)

...........

100

100,447

Chile

—

0.0%

(a)(b)

AES

Andes

SA

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.84%),

8.15%, 06/10/55

350

371,175

Banco

de

Credito

e

Inversiones

SA

,

(5-

Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

4.94%),

8.75%

(r)

..................

200

215,348

586,523

France

—

0.1%

(b)(r)

Air

France-KLM

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.58%),

5.75%

(c)

...

EUR

1,300

1,579,220

Electricite

de

France

SA

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.07%),

4.38%

(c)

..........

1,300

1,541,969

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.94%),

5.13%

(c)

..........

600

737,482

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

3.78%),

7.38%

(c)

................

GBP

1,200

1,720,464

RCI

Banque

SA

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.84%),

6.13%

(c)

...

EUR

600

729,276

Unibail

-

Rodamco

-Westfield

SE

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.43%),

4.75%

(c)

..................

2,600

3,149,964

Security

Par

(000)

Par

(000)

Value

France

(continued)

Veolia

Environnement

SA

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

1.84%),

4.32%

(c)

..................

EUR

1,000

$

1,192,628

10,651,003

Germany

—

0.3%

(b)

Aroundtown

Finance

SARL

(r)

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.04%),

5.13%

(c)

..........

625

722,700

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.43%),

5.25%

(c)

..........

9,834

11,523,267

Bayer

AG

,

(5-Year

EUR

Swap

Annual

+

4.46%),

5.38%, 03/25/82

(c)

.....

3,500

4,323,444

Commerzbank

AG

(r)

(5-Year

EUR

Swap

Annual

+

6.74%),

6.50%

(c)

................

600

760,454

(5-Year

EURIBOR

ICE

Swap

Rate

+

5.13%),

7.88%

(c)

..........

400

541,205

Deutsche

Bank

AG

(r)

(5-Year

EURIBOR

ICE

Swap

Rate

+

4.75%),

4.63%

(c)

..........

8,000

9,459,017

(5-Year

EURIBOR

ICE

Swap

Rate

+

4.04%),

6.75%

(c)

..........

2,800

3,455,888

(5-Year

EURIBOR

ICE

Swap

Rate

+

4.60%),

7.13%

(c)

..........

1,600

2,027,935

Deutsche

Lufthansa

AG

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.86%),

5.25%, 01/15/55

(c)

...........

3,900

4,770,048

Volkswagen

International

Finance

NV

(r)

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.17%),

5.49%

(c)

..........

500

621,210

(EUAMDB08

+

3.49%),

5.99%

(c)

..

1,200

1,505,984

Wintershall

Dea

Finance

2

BV

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.94%),

6.12%

(c)(r)

.................

2,503

3,081,392

42,792,544

Ireland

—

0.0%

AIB

Group

plc

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.71%),

6.00%

(b)(c)(r)

.

1,775

2,178,234

Italy

—

0.0%

(b)(c)(r)

BPER

Banca

SpA

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

4.35%),

6.50%

.

1,367

1,700,120

Enel

SpA

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

1.82%),

4.50%

........

1,700

1,998,874

Eni

SpA

,

(5-Year

EUR

Swap

Annual

+

2.40%),

4.88%

.............

1,900

2,320,027

Prysmian

SpA

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.01%),

5.25%

....

1,000

1,244,028

7,263,049

Japan

—

0.0%

Rakuten

Group,

Inc.

(b)(r)

(5-Year

EUR

Swap

Annual

+

4.74%),

4.25%

(c)

................

2,131

2,482,052

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

4.25%),

8.13%

(a)

..........

USD

451

466,779

2,948,831

Luxembourg

—

0.0%

(c)

Vivion

Investments

SARL

(5-Year

EURIBOR

ICE

Swap

Rate

+

6.16%),

8.13%

(b)(c)(r)

........

EUR

2,800

3,124,401

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

39

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Mexico

—

0.0%

(a)(b)(r)

Banco

Mercantil

del

Norte

SA

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

4.07%),

8.38%

...................

USD

672

$

709,296

Cemex

SAB

de

CV

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.52%),

7.20%

400

419,400

1,128,696

Netherlands

—

0.0%

NN

Group

NV

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

3.45%),

5.75%

(b)(c)(r)

.

EUR

1,650

2,005,294

Spain

—

0.1%

(b)(r)

Banco

Bilbao

Vizcaya

Argentaria

SA

(5-Year

EUR

Swap

Annual

+

4.27%),

6.88%

(c)

................

2,400

3,109,604

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.25%),

7.75%

...........

USD

882

948,836

Telefonica

Emisiones

SA

(5-Year

EURIBOR

ICE

Swap

Rate

+

1.84%),

4.38%

(c)

..........

EUR

1,500

1,780,654

(EUAMDB08

+

2.13%),

4.88%

(c)

..

3,100

3,662,679

9,501,773

Sweden

—

0.0%

Heimstaden

Bostad

AB

,

(5-Year

EURIBOR

ICE

Swap

Rate

+

2.53%),

5.00%

(b)(c)(r)

................

2,150

2,547,378

Thailand

—

0.0%

Thaioil

Treasury

Center

Co.

Ltd.

,

(5-

Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.38%),

6.10%

(a)(b)(r)

................

USD

623

625,679

United

Arab

Emirates

—

0.0%

First

Abu

Dhabi

Bank

PJSC

,

(6-Year

USD

Constant

Maturity

+

2.09%),

5.88%

(b)(c)(r)

................

622

627,753

United

Kingdom

—

0.1%

(b)

Barclays

plc

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.41%),

4.38%

(r)

...........

848

824,942

Centrica

plc

,

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

2.51%),

6.50%, 05/21/55

(c)

.....

GBP

3,321

4,720,382

Nationwide

Building

Society

(r)

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

5.63%),

5.75%

(c)

................

1,126

1,546,544

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

3.85%),

7.50%

(c)

................

3,488

5,022,413

(5-Year

U.K.

Government

Bonds

Note

Generic

Bid

Yield

+

3.59%),

7.88%

(c)

................

400

585,654

12,699,935

United

States

—

0.0%

(b)

AES

Corp.

(The)

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.89%),

6.95%, 07/15/55

USD

203

198,449

Aptiv

Swiss

Holdings

Ltd.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.39%),

6.88%, 12/15/54

............

200

208,887

Security

Par

(000)

Par

(000)

Value

United

States

(continued)

Citigroup,

Inc.

(r)

Series

GG,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.89%),

6.88%

....

USD

481

$

491,369

Series

FF,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.73%),

6.95%

....

464

477,979

Energy

Transfer

LP

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

2.83%),

7.13%, 10/01/54

............

100

103,335

FMC

Corp.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

4.37%),

8.45%, 11/01/55

.....

830

665,684

Paramount

Global

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

4.00%),

6.38%, 03/30/62

246

231,339

PG&E

Corp.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

3.88%),

7.38%, 03/15/55

.....

417

430,364

Sunoco

LP

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

4.23%),

7.88%

(a)(r)

..........

2,495

2,569,925

Venture

Global

LNG,

Inc.

,

(5-Year

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

+

5.44%),

9.00%

(a)

(r)

.......................

3,017

2,654,125

8,031,456

Total

Capital

Trusts

—

0.6%

(Cost:

$98,977,130)

..............................

106,812,996

Shares

Shares

Preferred

Stocks

—

3.8%

Brazil

—

0.3%

Banco

Bradesco

SA

(Preference)

...

3,912,047

15,796,114

Neon

Payments

Ltd.

(d)(f)

..........

39,435

17,334,048

Petroleo

Brasileiro

SA

-

Petrobras

(Preference)

...............

1,735,138

12,419,866

45,550,028

China

—

0.5%

ByteDance

Ltd.,

Series

E-1,

(Acquired

01/26/24,

cost

$33,821,714)

(d)(f)

(j)

..

308,665

84,895,222

Finland

—

0.0%

Aiven

OY,

Series

D

(d)(f)

...........

86,562

4,586,920

Germany

—

0.0%

Volocopter

GmbH,

(Acquired

03/03/21,

cost

$22,418,516)

(d)(f)(j)

........

4,218

—

India

—

0.0%

Think

&

Learn

Pvt

Ltd.,

Series

F,

(Acquired

12/11/20,

cost

$13,030,114)

(d)(f)(j)

............

4,047

—

Sweden

—

0.0%

Volta

Greentech

AB,

Series

C,

(Acquired

02/22/22,

cost

$3,635,023)

(d)(f)(j)

............

30,817

—

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

40

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

United

Kingdom

—

0.0%

10x

Future

Technologies

Services

Ltd.,

Series

D,

(Acquired

12/19/23,

cost

$21,869,474)

(d)(f)(j)

............

637,808

$

5,637,930

United

States

—

3.0%

Anduril

Engineering

LLC,

Series

F

(d)(f)

306,011

14,618,146

Anduril

Investors

LLC,

Series

G

(d)(f)

..

132,173

6,313,904

Anthropic

PBC,

Series

F,

(Acquired

08/18/25,

cost

$14,035,016)

(d)(f)(j)

..

99,562

24,233,391

Breeze

Aviation

Group,

Inc.,

Series

B,

(Acquired

07/30/21,

cost

$10,090,875)

(d)(f)(j)

............

18,683

2,846,355

Bright

Machines,

Inc.,

Series

C

(d)(f)

...

927,532

185,506

Bright

Machines,

Inc.,

Series

C-1

(d)(f)

.

1,932,080

154,567

CoreWeave

,

Inc.,

10.00%,

(10.00%

Cash

or

10.00%

PIK)

(d)(o)

.......

9,812,000

12,657,480

Databricks,

Inc.,

Series

F,

(Acquired

06/03/24,

cost

$11,769,837)

(d)(f)(j)

..

822,138

156,206,220

Databricks,

Inc.,

Series

G,

(Acquired

02/01/21,

cost

$13,141,188)

(d)(f)(j)

..

222,270

42,231,300

Davidson

Homes,

Inc.,

12.00%,

(12.00%

Cash

or

12.00%

PIK)

(d)(o)

.

33,520

38,037,155

Dream

Finders

Homes,

Inc.

(Preference),

9.00%

(d)(r)

........

38,156

37,917,525

EXO

Capital

Technologies,

Inc.,

Series

D,

Class

E,

(Acquired

05/22/25,

cost

$403,846)

(d)(f)(j)

..............

661,698

489,657

HawkEye

360,

Inc.,

Series

D1

(d)(f)

...

561,818

11,933,014

JumpCloud

,

Inc.,

Series

E-1,

(Acquired

10/30/20,

cost

$11,778,091)

(d)(f)(j)

..

6,458,349

13,885,451

JumpCloud

,

Inc.,

Series

F,

(Acquired

09/03/21,

cost

$2,543,928)

(d)(f)(j)

..

424,788

913,294

Lessen

Holdings,

Inc.,

Series

B

(d)(f)

..

259,727

3

Lessen

Holdings,

Inc.,

Series

BX

(d)(f)

.

841,086

8

Loadsmart

,

Inc.,

Series

C,

(Acquired

10/05/20,

cost

$10,694,460)

(d)(f)(j)

..

1,250,814

8,843,255

Loadsmart

,

Inc.,

Series

D

,

(Acquired

01/27/22,

cost

$2,628,040)

(d)(f)(j)

..

131,402

1,399,431

Mythic

AI,

Inc.,

Series

C,

(Acquired

01/26/21,

cost

$6,129,221)

(d)(f)(j)

..

8,922

—

Noodle,

Inc.,

Series

C,

(Acquired

08/26/21,

cost

$9,816,152)

(d)(f)(j)

..

1,099,886

538,944

PsiQuantum

Corp.,

Series

D,

(Acquired

05/21/21,

cost

$5,269,814)

(d)(f)(j)

..

200,937

8,654,357

RapidSOS

,

Inc.,

Series

C-1

(d)(f)

.....

5,162,136

5,729,971

SambaNova

Systems,

Inc.,

Series

C,

(Acquired

06/03/24,

cost

$11,739,902)

(d)(f)(j)

............

220,503

6,277,720

SambaNova

Systems,

Inc.,

Series

D,

(Acquired

06/03/24,

cost

$6,878,356)

(d)(f)(j)

............

72,390

2,412,035

SCI

PH

Parent,

Inc.,

(Acquired

02/10/23,

cost

$3,949,000),

12.50%

(d)(j)

................

3,949

5,379,525

Snorkel

AI,

Inc.,

Series

C,

(Acquired

06/30/21,

cost

$3,799,839)

(d)(f)(j)

..

252,991

1,821,535

Ursa

Major

Technologies,

Inc.,

Series

C,

(Acquired

09/13/21,

cost

$9,742,600)

(d)(f)(j)

............

1,633,349

7,660,407

Ursa

Major

Technologies,

Inc.,

Series

D,

(Acquired

10/14/22,

cost

$

1,326,170)

(d)(f)(j)

............

200,098

966,473

Verge

Genomics

(d)(f)

............

1,907,212

286,082

Veritas

Newco

(d)(f)

..............

36,275

779,913

Veritas

Newco,

Series

G-1

(f)

.......

25,062

588,957

Security

Shares

Shares

Value

United

States

(continued)

Versa

Networks,

Inc.,

Series

E,

(Acquired

10/14/22,

cost

$5,641,940),

12.00%,

(12.00%

Cash

or

12.00%

PIK)

(d)(j)(o)

..........

1,933,359

$

11,174,815

Wells

Fargo

&

Co.,

Series

L,

7.50%

(p)(r)

5,825

7,187,817

x.AI,

Inc.,

Series

C

(d)(f)

...........

1,161,348

86,892,057

519,216,270

Total

Preferred

Stocks

—

3.8%

(Cost:

$439,118,014)

.............................

659,886,370

Trust

Preferreds

—

0.1%

United

States

—

0.1%

Citigroup

Capital

XIII

,

(3-mo.

CME

Term

SOFR

+

6.63%),

10.30%, 10/30/40

(b)

437,061

13,107,459

Total

Trust

Preferreds

—

0.1%

(Cost:

$10,967,132)

..............................

13,107,459

Total

Preferred

Securities

—

4.5%

(Cost:

$549,062,276)

.............................

779,806,825

Rights

United

States

—

0.0%

Walgreens

Boots

Alliance,

Inc.,

CVR

(d)(f)

242,727

128,645

Total

Rights

—

0.0%

(Cost:

$128,645)

................................

128,645

Par

(000)

Pa

r

(

000)

U.S.

Government

Sponsored

Agency

Securities

Collateralized

Mortgage

Obligations

—

0.0%

Federal

Home

Loan

Mortgage

Corp.

STACR

Trust

Variable

Rate

Notes,

Series

2022-DNA1,

Class

B1,

(SOFR

30

day

Average

at

0.00%

Floor

+

3.40%),

7.10%, 01/25/42

(a)(b)

USD

2,121

2,164,100

Commercial

Mortgage-Backed

Securities

—

0.0%

Federal

National

Mortgage

Association

ACES

Variable

Rate

Notes,

Series

2018-M13,

Class

A2,

3.75%, 09/25/30

(b)

...........

1,499

1,484,530

Interest

Only

Commercial

Mortgage-Backed

Securities

—

0.0%

Federal

Home

Loan

Mortgage

Corp.

Multifamily

Structured

Pass-Through

Certificates

Variable

Rate

Notes

(b)

Series

K105,

Class

X1,

1.51%

,

01/25/30

........

11,557

586,948

Series

K109,

Class

X1,

1.57%

,

04/25/30

........

14,716

796,697

Series

K110,

Class

X1,

1.64%

,

04/25/30

........

8,043

453,790

Series

K116,

Class

X1,

1.41%

,

07/25/30

........

7,569

384,097

Series

K120,

Class

X1,

1.03%

,

10/25/30

........

48,993

1,904,050

Series

KL06,

Class

XFX,

1.36%

,

12/25/29

........

8,244

362,861

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

41

(Percentages

shown

are

based

on

Net

Assets)

Security

Par

(000)

Par

(000)

Value

Interest

Only

Commercial

Mortgage-Backed

Securities

(continued)

Series

KW09,

Class

X1,

0.76%

,

05/25/29

........

USD

51,253

$

983,519

5,471,962

Mortgage-Backed

Securities

—

0.7%

Uniform

Mortgage-Backed

Securities,

3.50%, 02/25/56

(u)

...........

126,286

116,793,353

Total

U.S.

Government

Sponsored

Agency

Securities

—

0.7%

(Cost:

$126,720,186)

.............................

125,913,945

U.S.

Treasury

Obligations

U.S.

Treasury

Notes

3.75%, 04/30/27

(v)

...........

20,000

20,051,562

3.88%, 05/31/27

(v)

...........

5,000

5,021,680

3.63%, 08/31/27

-

09/30/30

(v)

....

25,000

24,912,500

4.00%, 03/31/30

(v)

...........

10,000

10,099,610

Total

U.S.

Treasury

Obligations

—

0.3%

(Cost:

$59,973,207)

..............................

60,085,352

Shares

Shares

Warrants

Brazil

—

0.0%

Lavoro

Ltd.

(Issued/Exercisable

12/27/22,

1

Share

for

1

Warrant,

Expires

12/27/27,

Strike

Price

USD

11.50)

(f)

..................

95,675

2,851

Israel

—

0.0%

Deep

Instinct

Ltd.,

Series

D,

(Acquired

09/20/22,

cost

$0)

(Issued/

Exercisable

09/20/22,

1

Share

for

1

Warrant,

Expires

09/20/32)

(d)(f)(j)

..

109,339

1,094

United

Kingdom

—

0.0%

10x

Future

Technologies

Services

Ltd.,

(Acquired

12/19/23,

cost

$0)

(Issued/

Exercisable

12/19/23,

1

Share

for

1

Warrant,

Expires

11/17/30,

Strike

Price

GBP

0.01)

(d)(f)(j)

..........

768,436

199,783

United

States

—

0.1%

(f)

Cirkul

,

Inc.

(Issued/Exercisable

05/01/25,

1

Share

for

1

Warrant,

Expires

04/25/35,

Strike

Price

USD

0.01)

(d)

...................

17,931

—

Cirkul

,

Inc.

(Issued/Exercisable

05/01/25,

1

Share

for

1

Warrant,

Expires

04/25/35,

Strike

Price

USD

35.41)

(d)

..................

18,391

—

Crown

PropTech

Acquisitions

(Issued/

Exercisable

02/05/21,

1

Share

for

1

Warrant,

Expires

02/01/26,

Strike

Price

USD

11.50)

(d)

..........

271,336

33,537

Crown

PropTech

Acquisitions

(

Issued/

Exercisable

01/25/21,

1

Share

for

1

Warrant,

Expires

12/31/27,

Strike

Price

USD

11.50)

............

162,368

10,148

Davidson

Homes,

Inc.

(Issued/

Exercisable

05/16/24,

1

Share

for

1

Warrant,

Expires

05/16/34,

Strike

Price

USD

8.47)

(d)

...........

232,643

581,608

Security

Shares

Shares

Value

United

States

(continued)

EVgo

,

Inc.

(Issued/Exercisable

11/10/20,

1

Share

for

1

Warrant,

Expires

07/01/26,

Strike

Price

USD

11.50)

...................

146,070

$

9,495

Flagstar

Financial,

Inc.,

(Acquired

03/07/24,

cost

$0)

(Issued/

Exercisable

03/11/24,

1,000

Shares

for

1

Warrant,

Expires

03/11/31,

Strike

Price

USD

2.50)

(d)(j)

......

1,717

4,620,413

FLYR,

Inc.,

Series

D-X

(Issued/

Exercisable

08/18/25,

1

Share

for

1

Warrant,

Expires

12/31/49,

Strike

Price

USD

0.01)

(d)

...........

35,428

—

GTT

Communications,

Inc.

(Issued/

Exercisable

11/14/25,

1

Share

for

1

Warrant,

Expires

12/30/27,

Strike

Price

USD

0.01)

(d)(l)

..........

53,722

1,564,922

HawkEye

360,

Inc.

(Issued/Exercisable

07/07/23,

1

Share

for

1

Warrant,

Expires

07/07/33,

Strike

Price

USD

11.17)

(d)

..................

27,300

333,060

HawkEye

360,

Inc.

(Issued/Exercisable

07/07/23,

1

Share

for

1

Warrant,

Expires

07/07/33,

Strike

Price

USD

0.01)

(d)

...................

171,990

2,997,786

HawkEye

360,

Inc.

(Issued/Exercisable

07/07/23,

1

Share

for

1

Warrant,

Expires

07/07/33,

Strike

Price

USD

0.01)

(d)

...................

68,250

1,189,597

Hippo

Holdings,

Inc.

(Issued/

Exercisable

01/04/21,

1

Share

for

1

Warrant,

Expires

08/02/26,

Strike

Price

USD

11.50)

............

123,393

1,357

Insight

M,

Inc.

(Issued/Exercisable

01/31/24,

1

Share

for

1

Warrant,

Strike

Price

USD

0.34)

(d)

.......

6,344,820

63

Latch,

Inc.

(Issued/Exercisable

12/29/20,

1

Share

for

1

Warrant,

Expires

06/04/26,

Strike

Price

USD

11.50)

(d)

..................

111,795

11

Offerpad

Solutions,

Inc.

(Issued/

Exercisable

10/13/20,

1

Share

for

1

Warrant,

Expires

09/01/26,

Strike

Price

USD

11.50)

............

226,443

4,529

Palladyne

AI

Corp.

(Issued/Exercisable

12/21/20,

1

Share

for

1

Warrant,

Expires

09/24/26,

Strike

Price

USD

11.50)

...................

254,485

28,502

Palladyne

AI

Corp.

(Issued/Exercisable

01/15/21,

1

Share

for

1

Warrant,

Expires

06/15/27,

Strike

Price

USD

69.00)

...................

92,406

10,350

RapidSOS

,

Inc.

(Issued/Exercisable

12/13/23,

1

Share

for

1

Warrant,

Expires

12/13/33,

Strike

Price

USD

0.01)

(d)

...................

2,862,231

3,148,454

Sonder

Enterprises,

Inc.

(Issued/

Exercisable

12/30/24,

1

Share

for

1

Warrant,

Expires

12/30/29,

Strike

Price

USD

0.01)

(d)

...........

61,404

1

Sonder

Enterprises,

Inc.

(Issued/

Exercisable

04/11/25,

1

Share

for

1

Warrant,

Expires

04/11/30,

Strike

Price

USD

1.00)

(d)

...........

612,553

6

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

42

(Percentages

shown

are

based

on

Net

Assets)

Security

Shares

Shares

Value

United

States

(continued)

Versa

Networks,

Inc.,

Series

E

,

(Acquired

10/14/22,

cost

$0)

(Issued/

Exercisable

10/14/22,

1

Share

for

1

Warrant,

Expires

10/07/32,

Strike

Price

USD

0.01)

(d)(j)

..........

238,291

$

1,060,395

Volato

Group,

Inc.,

(Acquired

12/03/23,

cost

$181,758)

(Issued/Exercisable

12/04/23,

1

Share

for

1

Warrant,

Expires

12/03/28,

Strike

Price

USD

11.50)

(j)

..................

181,758

1,999

15,596,233

Total

Warrants

—

0.1%

(Cost:

$2,553,478)

..............................

15,799,961

Total

Long-Term

Investments

—

95.3%

(Cost:

$12,307,582,206)

...........................

16,573,788,941

Par

(000)

Pa

r

(

000)

Short-Term

Securities

Foreign

Government

Obligations

—

0.1%

Brazil

—

0.1%

Letras

do

Tesouro

Nacional

Treasury

Bills

(w)

14.44%,

04/01/26

...........

BRL

89

16,619,461

13.86%,

07/01/26

...........

24

4,256,414

20,875,875

Security

Par

(000)

Par

(000)

Value

Egypt

—

0.0%

Arab

Republic

of

Egypt

Treasury

Bills,

25.92%,

06/23/26

(w)

..........

EGP

144,800

$

2,819,250

Total

Foreign

Government

Obligations

—

0.1%

(Cost:

$23,066,653)

..............................

23,695,125

Shares

Shares

Money

Market

Funds

—

3.0%

(g)(x)

BlackRock

Cash

Funds:

Institutional,

SL

Agency

Shares,

3.82%

(y)

.......

131,865,719

131,931,651

BlackRock

Liquidity

Funds,

T-Fund,

Institutional

Class,

3.57%

......

387,754,579

387,754,579

Total

Money

Market

Funds

—

3.0%

(Cost:

$519,679,951)

.............................

519,686,230

Total

Short-Term

Securities

—

3.1%

(Cost:

$542,746,604)

.............................

543,381,355

Total

Options

Purchased

—

0.7%

(Cost:

$106,314,237

)

.............................

122,265,099

Total

Investments

Before

Options

Written

—

99.1%

(Cost:

$12,956,643,047)

...........................

17,239,435,395

Total

Options

Written

—

(0.6)%

(Premiums

Received

—

$(83,677,920))

................

(110,282,972)

Total

Investments

Net

of

Options

Written

—

98.5%

(Cost:

$12,872,965,127)

...........................

17,129,152,423

Other

Assets

Less

Liabilities

—

1.5%

...................

263,084,440

Net

Assets

—

100.0%

..............................

$

17,392,236,863

(a)

Security

exempt

from

registration

pursuant

to

Rule

144A

under

the

Securities

Act

of

1933,

as

amended.

These

securities

may

be

resold

in

transactions

exempt

from

registration

to

qualified

institutional

investors.

(b)

Variable

rate

security.

Interest

rate

resets

periodically.

The

rate

shown

is

the

effective

interest

rate

as

of

period

end.

Security

description

also

includes

the

reference

rate

and

spread

if

published

and

available.

(c)

This

security

may

be

resold

to

qualified

foreign

investors

and

foreign

institutional

buyers

under

Regulation

S

of

the

Securities

Act

of

1933.

(d)

Security

is

valued

using

significant

unobservable

inputs

and

is

classified

as

Level

3

in

the

fair

value

hierarchy.

(e)

Zero-coupon

bond.

(f)

Non-income

producing

security.

(g)

Affiliate

of

the

Fund.

(h)

All

or

a

portion

of

this

security

is

on

loan.

(i)

A

security

contractually

bound

to

one

or

more

other

securities

to

form

a

single

saleable

unit

which

cannot

be

sold

separately.

(j)

Restricted

security

as

to

resale,

excluding

144A

securities.

The

Fund

held

restricted

securities

with

a

current

value

of

$646,806,728,

representing

3.72%

of

its

net

assets

as

of

period

end,

and

an

original

cost

of

$454,939,326.

(k)

All

or

a

portion

of

the

security

has

been

pledged

and/or

segregated

as

collateral

in

connection

with

outstanding

exchange-traded

options

written.

(l)

All

or

a

portion

of

the

security

is

held

by

a

wholly-owned

subsidiary.

(m)

Investment

does

not

issue

shares.

(n)

Issuer

filed

for

bankruptcy

and/or

is

in

default.

(o)

Payment-in-kind

security

which

may

pay

interest/dividends

in

additional

par/shares

and/or

in

cash.

Rates

shown

are

the

current

rate

and

possible

payment

rates.

(p)

Convertible

security.

(q)

Step

coupon

security.

Coupon

rate

will

either

increase

(step-up

bond)

or

decrease

(step-down

bond)

at

regular

intervals

until

maturity.

Interest

rate

shown

reflects

the

rate

currently

in

effect.

(r)

Perpetual

security

with

no

stated

maturity

date.

(s)

Represents

an

unsettled

loan

commitment

at

period

end.

Certain

details

associated

with

this

purchase

are

not

known

prior

to

the

settlement

date,

including

coupon

rate.

(t)

Rounds

to

less

than

1,000.

(u)

Represents

or

includes

a

TBA

transaction.

(v)

All

or

a

portion

of

the

security

has

been

pledged

as

collateral

in

connection

with

outstanding

OTC

derivatives.

(w)

Rates

are

discount

rates

or

a

range

of

discount

rates

as

of

period

end.

(x)

Annualized

7-day

yield

as

of

period

end.

(y)

All

or

a

portion

of

this

security

was

purchased

with

the

cash

collateral

from

loaned

securities.

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

43

Affiliates

Investments

in

issuers

considered

to

be

affiliate(s)

of

the

Fund

during

the period

ended

January

31,

2026

for

purposes

of

Section

2(a)(3)

of

the

Investment

Company

Act

of

1940,

as

amended,

were

as

follows:

Affiliated

Issuer

Value

at

04/30/25

Purchases

at

Cost

Proceeds

from

Sales

Net

Realized

Gain

(Loss)

Change

in

Unrealized

Appreciation

(Depreciation)

Value

at

01/31/26

Par/Shares

Held

at

01/31/26

Income

Capital

Gain

Distributions

from

Underlying

Funds

BlackRock

Cash

Funds:

Institutional,

SL

Agency

Shares

..............

$

64,383,441

$

67,535,846

(a)

$

—

$

9,710

$

2,654

$

131,931,651

131,865,719

$

456,260

(b)

$

—

BlackRock

Liquidity

Funds,

T-Fund,

Institutional

Class

.

146,947,412

240,807,167

(a)

—

—

—

387,754,579

387,754,579

8,669,248

—

iShares

0-5

Year

TIPS

Bond

ETF

(c)

..............

19,749,974

—

(18,823,538)

—

(

926,436)

—

—

—

—

iShares

AAA

CLO

Active

ETF

.

15,498,000

—

—

—

115,500

15,613,500

300,000

474,770

—

iShares

Bitcoin

Trust

ETF

...

38,705,495

65,730,970

(51,691,726)

(1,751,951)

(

6,678,397)

44,314,391

933,131

—

—

iShares

Broad

USD

High

Yield

Corporate

Bond

ETF

....

18,484,135

—

—

—

525,232

19,009,367

505,031

753,242

—

iShares

China

Large-Cap

ETF

15,990,961

73,780,271

(54,303,116)

1,234,299

3,637,479

40,339,894

1,018,427

669,856

—

iShares

Core

S&P

Small-Cap

ETF

................

7,688,182

—

—

—

2,065,435

9,753,617

76,782

107,824

—

iShares

Ethereum

Trust

ETF

.

—

9,764,032

—

—

(3,577,893)

6,186,139

306,700

—

—

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

(c)

...

—

48,872,721

(49,000,362)

127,641

—

—

—

169,201

—

iShares

MSCI

Brazil

ETF

...

7,087,508

—

—

—

2,621,120

9,708,628

262,112

432,002

—

iShares

Russell

2000

ETF

(c)

..

—

121,612,121

(121,453,450)

(158,671)

—

—

—

—

—

Quintis

Australia

Pty.

Ltd.,

12.00%, 10/01/28

......

8

—

—

—

—

8

82,684,528

—

—

Quintis

Australia

Pty.

Ltd.,

7.50%, 10/01/26

.......

10,855,729

—

—

—

(1,616,810)

9,238,919

92,389,186

—

—

Quintis

HoldCo

Pty.

Ltd.

....

280

—

—

—

25

305

43,735,802

—

—

$

(538,972)

$

(3,832,091)

$

673,850,998

$

11,732,403

$

—

—

—

(a)

Represents

net

amount

purchased

(sold).

(b)

All

or

a

portion

represents

securities

lending

income

earned

from

the

reinvestment

of

cash

collateral

from

loaned

securities,

net

of

collateral

investment

fees,

and

other

payments

to

and

from

borrowers

of

securities.

(c)

As

of

period

end,

the

entity

is

no

longer

held.

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

44

Derivative

Financial

Instruments

Outstanding

as

of

Period

End

Futures

Contracts

Description

Number

of

Contracts

Expiration

Date

Notional

Amount

(000)

Value/

Unrealized

Appreciation

(Depreciation)

Long

Contracts

IFSC

NIFTY

50

Index

.......................................................

824

02/24/26

$

41,907

$

400,389

CME

Bitcoin

(a)

............................................................

16

02/27/26

6,728

(

517,515

)

Euro-Bobl

...............................................................

3,663

03/06/26

506,313

(

272,216

)

Euro-BTP

...............................................................

587

03/06/26

84,268

405,552

Euro-Bund

..............................................................

1,616

03/06/26

245,513

(

523,767

)

Euro-OAT

...............................................................

690

03/06/26

99,726

690,938

Euro-Schatz

.............................................................

394

03/06/26

49,928

(

9,875

)

KOSPI

200

Index

..........................................................

806

03/12/26

108,001

25,631,603

OSE

Nikkei

225

Index

.......................................................

918

03/12/26

316,792

15,866,464

Japan

10-Year

Bond

........................................................

142

03/13/26

120,759

(

1,773,864

)

Australia

10-Year

Bond

......................................................

829

03/16/26

63,011

(

243,775

)

Australia

3-Year

Bond

.......................................................

2,541

03/16/26

185,401

(

456,827

)

3-mo.

SOFR

.............................................................

363

03/17/26

87,401

108,049

EURO

STOXX

50

Index

.....................................................

285

03/20/26

20,104

574,015

EURO

STOXX

Bank

Index

....................................................

4,907

03/20/26

80,108

3,349,740

Russell

2000

E-Mini

Index

....................................................

1,152

03/20/26

151,177

2,052,024

S&P

500

E-Mini

Index

.......................................................

145

03/20/26

50,502

217,834

U.S.

Treasury

Long

Bond

.....................................................

920

03/20/26

105,628

(

1,528,511

)

U.S.

Treasury

Ultra

Bond

.....................................................

3,767

03/20/26

440,857

(

10,217,797

)

Long

Gilt

................................................................

571

03/27/26

70,984

(

275,867

)

U.S.

Treasury

2-Year

Note

....................................................

4,735

03/31/26

987,100

(

775,709

)

U.S.

Treasury

5-Year

Note

....................................................

1,744

03/31/26

189,933

301,322

CBOE

Volatility

Index

.......................................................

2

05/19/26

42

(

2,583

)

CBOE

Volatility

Index

.......................................................

12

06/17/26

253

(

13,588

)

CBOE

Volatility

Index

.......................................................

16

08/19/26

348

3,611

3-mo.

SOFR

.............................................................

58

09/15/26

14,002

(

10,230

)

CBOE

Volatility

Index

.......................................................

6

09/16/26

132

2,352

3-mo.

SOFR

.............................................................

936

03/14/28

226,243

(

22,982

)

3-mo.

SOFR

.............................................................

936

03/20/29

225,693

(

57,858

)

32,900,929

Short

Contracts

CBOE

Volatility

Index

.......................................................

12

02/18/26

229

(

8,100

)

WTI

Crude

Oil

(a)

...........................................................

387

02/19/26

25,236

(

2,385,332

)

Euro-Buxl

...............................................................

78

03/06/26

10,159

182,206

CBOE

Volatility

Index

.......................................................

11

03/18/26

219

(

6,943

)

FTSE

100

Index

...........................................................

73

03/20/26

10,205

(

439,882

)

Nasdaq-100

E-Mini

Index

.....................................................

1,692

03/20/26

868,673

(

10,238,714

)

U.S.

Treasury

10-Year

Note

...................................................

6,291

03/20/26

703,118

4,835,086

U.S.

Treasury

10-Year

Ultra

Note

...............................................

13,844

03/20/26

1,579,081

16,667,415

CME

Bitcoin

(a)

............................................................

9

03/27/26

3,800

171,594

CBOE

Volatility

Index

.......................................................

1

04/15/26

21

1,548

CBOE

Volatility

Index

.......................................................

12

07/22/26

259

(

2,175

)

8,776,703

$

41,677,632

(a)

All

or

a

portion

of

the

security

is

held

by

a

wholly-owned

subsidiary.

Forward

Foreign

Currency

Exchange

Contracts

Currency

Purchased

Currency

Sold

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

BRL

120,340,820

USD

21,398,869

Citibank

NA

02/03/26

$

1,467,659

BRL

10,900,141

USD

2,029,784

Deutsche

Bank

AG

02/03/26

41,403

BRL

13,525,265

USD

2,507,000

Goldman

Sachs

International

02/03/26

63,000

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

45

Forward

Foreign

Currency

Exchange

Contracts

(continued)

Currency

Purchased

Currency

Sold

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

USD

22,581,869

BRL

117,380,555

Citibank

NA

02/03/26

$

277,835

COP

12,491,575,200

USD

3,368,000

Citibank

NA

02/12/26

5,150

AUD

3,771,000

USD

2,529,772

HSBC

Bank

plc

02/25/26

96,075

CLP

8,350,591,440

USD

9,302,000

Goldman

Sachs

International

02/25/26

252,346

COP

29,204,207,807

USD

7,724,142

Morgan

Stanley

&

Co.

International

plc

02/25/26

144,026

CZK

304,325,611

USD

14,628,964

Natwest

Markets

plc

02/25/26

195,167

HUF

2,606,044,376

USD

7,841,413

HSBC

Bank

plc

02/25/26

244,519

IDR

398,047,898,015

USD

23,647,159

Citibank

NA

02/25/26

77,292

JPY

294,679,581

USD

1,887,000

Citibank

NA

02/25/26

20,477

KRW

5,513,435,040

USD

3,790,000

Barclays

Bank

plc

02/25/26

13,063

MXN

407,239,837

USD

22,622,930

Bank

of

America

NA

02/25/26

636,403

MYR

5,014,860

USD

1,245,000

Barclays

Bank

plc

02/25/26

28,067

MYR

106,646,717

USD

26,287,088

Credit

Agricole

Corporate

&

Investment

Bank

SA

02/25/26

786,135

PHP

50,352,707

USD

849,333

HSBC

Bank

plc

02/25/26

4,705

PLN

81,029,514

USD

22,451,458

Natwest

Markets

plc

02/25/26

352,814

RON

14,975,173

USD

3,428,017

Goldman

Sachs

International

02/25/26

52,818

USD

1,908,758

EUR

1,599,000

Citibank

NA

02/25/26

11,533

USD

3,192,000

MXN

55,629,218

Barclays

Bank

plc

02/25/26

14,760

USD

3,171,000

MXN

54,858,300

Morgan

Stanley

&

Co.

International

plc

02/25/26

37,791

USD

2,718,000

PEN

9,149,875

Goldman

Sachs

International

02/25/26

3,667

USD

3,175,000

SGD

4,019,651

JPMorgan

Chase

Bank

NA

02/25/26

10,559

ZAR

230,585,660

USD

14,013,693

Natwest

Markets

plc

02/25/26

238,753

USD

28,214,173

BRL

147,568,590

Citibank

NA

03/03/26

340,027

AUD

24,009,238

JPY

2,545,000,000

Morgan

Stanley

&

Co.

International

plc

03/18/26

213,766

AUD

356,399,306

USD

238,065,114

UBS

AG

03/18/26

10,087,466

BRL

362,102,434

EUR

55,185,082

Goldman

Sachs

International

03/18/26

2,588,482

CAD

474,297,601

USD

345,226,545

Wells

Fargo

Bank

NA

03/18/26

3,711,496

CHF

13,190,000

EUR

14,161,680

JPMorgan

Chase

Bank

NA

03/18/26

320,779

CHF

330,798,677

USD

417,957,430

Wells

Fargo

Bank

NA

03/18/26

11,942,970

CNY

2,073,876,556

USD

295,417,698

Societe

Generale

SA

03/18/26

3,251,506

DKK

75,806,589

USD

11,892,207

Credit

Agricole

Corporate

&

Investment

Bank

SA

03/18/26

169,935

DKK

505,641,438

USD

79,605,704

UBS

AG

03/18/26

850,611

EUR

12,473,191

USD

14,601,975

BNP

Paribas

SA

03/18/26

213,224

EUR

286,770,331

USD

336,925,028

Societe

Generale

SA

03/18/26

3,690,247

EUR

161,317,931

USD

189,129,811

Wells

Fargo

Bank

NA

03/18/26

2,477,707

GBP

29,613,391

EUR

33,719,925

JPMorgan

Chase

Bank

NA

03/18/26

467,984

GBP

23,777,993

USD

32,256,992

Bank

of

America

NA

03/18/26

277,849

GBP

42,843,269

USD

57,155,688

Citibank

NA

03/18/26

1,465,699

GBP

162,695,837

USD

217,624,892

Societe

Generale

SA

03/18/26

4,987,809

HUF

6,627,631,263

USD

20,111,290

HSBC

Bank

plc

03/18/26

423,922

JPY

2,577,000,000

AUD

23,964,261

Morgan

Stanley

&

Co.

International

plc

03/18/26

25,057

JPY

140,035,798,545

USD

907,511,291

Deutsche

Bank

AG

03/18/26

564,988

JPY

4,166,903,914

USD

26,555,523

Societe

Generale

SA

03/18/26

465,186

JPY

4,610,006,395

USD

29,695,793

Wells

Fargo

Bank

NA

03/18/26

198,260

KRW

133,275,787,463

USD

91,367,392

Societe

Generale

SA

03/18/26

632,218

MXN

1,184,702,486

EUR

54,983,013

Goldman

Sachs

International

03/18/26

2,218,632

NOK

923,869,126

CHF

72,480,575

JPMorgan

Chase

Bank

NA

03/18/26

1,717,435

NZD

28,860,000

AUD

24,949,103

JPMorgan

Chase

Bank

NA

03/18/26

32,936

NZD

15,081,861

USD

8,757,352

HSBC

Bank

plc

03/18/26

337,972

PLN

113,668,465

USD

31,390,878

BNP

Paribas

SA

03/18/26

598,396

SEK

600,898,821

USD

65,231,763

Bank

of

New

York

Mellon

03/18/26

2,375,436

SGD

44,742,757

USD

34,852,328

Goldman

Sachs

International

03/18/26

424,523

TRY

712,050,358

USD

15,516,224

UBS

AG

03/18/26

348,878

USD

162,621,188

HKD

1,261,972,941

Standard

Chartered

Bank

03/18/26

846,589

USD

3,177,748

INR

287,641,801

Wells

Fargo

Bank

NA

03/18/26

51,588

USD

62,978,818

JPY

9,655,122,530

Morgan

Stanley

&

Co.

International

plc

03/18/26

369,201

ZAR

746,555,660

EUR

37,286,153

HSBC

Bank

plc

03/18/26

1,781,854

ZAR

342,836,064

USD

20,116,558

HSBC

Bank

plc

03/18/26

1,039,409

USD

327,407

IDR

5,473,333,891

BNP

Paribas

SA

03/25/26

1,503

EUR

50,271

USD

58,916

Wells

Fargo

Bank

NA

04/16/26

880

EGP

95,861,374

USD

1,950,384

Societe

Generale

SA

04/20/26

12,895

IDR

53,850,455,908

USD

3,176,756

Credit

Agricole

Corporate

&

Investment

Bank

SA

04/27/26

26,054

IDR

29,141,951,254

USD

1,716,910

Royal

Bank

of

Canada

04/27/26

16,337

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

46

Forward

Foreign

Currency

Exchange

Contracts

(continued)

Currency

Purchased

Currency

Sold

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

USD

3,869,524

CNY

26,804,975

Morgan

Stanley

&

Co.

International

plc

04/27/26

$

177

USD

5,320,098

PEN

17,884,042

Societe

Generale

SA

04/27/26

21,664

USD

22,235,448

THB

690,388,397

JPMorgan

Chase

Bank

NA

04/27/26

168,451

USD

1,429,843

UYU

54,747,248

HSBC

Bank

plc

04/27/26

18,650

USD

1,814,410

COP

6,868,448,001

JPMorgan

Chase

Bank

NA

07/07/26

20,543

NGN

1,661,084,356

USD

1,112,023

Citibank

NA

07/28/26

17,798

MXN

311,384,000

USD

16,536,070

Morgan

Stanley

&

Co.

International

plc

08/18/26

946,147

67,837,153

BRL

147,568,590

USD

28,389,494

Citibank

NA

02/03/26

(

349,289

)

USD

28,178,731

BRL

158,468,731

Citibank

NA

02/03/26

(

1,932,661

)

USD

1,324,000

BRL

7,203,884

Morgan

Stanley

&

Co.

International

plc

02/03/26

(

44,844

)

BRL

16,518,572

USD

3,175,000

Goldman

Sachs

International

02/25/26

(

51,198

)

CNY

146,259,490

USD

21,038,385

Societe

Generale

SA

02/25/26

(

1,794

)

COP

9,290,942,000

USD

2,507,000

Citibank

NA

02/25/26

(

3,844

)

EUR

1,652,000

HUF

642,415,388

Credit

Agricole

Corporate

&

Investment

Bank

SA

02/25/26

(

33,152

)

HUF

809,777,400

USD

2,540,000

Deutsche

Bank

AG

02/25/26

(

27,454

)

INR

2,629,442,128

USD

29,139,936

JPMorgan

Chase

Bank

NA

02/25/26

(

504,422

)

KRW

1,808,982,000

USD

1,260,000

Societe

Generale

SA

02/25/26

(

12,199

)

PEN

9,077,304

USD

2,718,000

Citibank

NA

02/25/26

(

25,195

)

THB

674,639,977

USD

21,629,662

HSBC

Bank

plc

02/25/26

(

158,157

)

USD

1,296,834

AUD

1,885,500

HSBC

Bank

plc

02/25/26

(

16,089

)

USD

474,545

EUR

405,621

Natwest

Markets

plc

02/25/26

(

6,727

)

USD

2,540,000

MYR

10,013,950

Barclays

Bank

plc

02/25/26

(

2,131

)

USD

849,333

PHP

50,161,607

JPMorgan

Chase

Bank

NA

02/25/26

(

1,464

)

USD

2,555,000

SGD

3,274,742

State

Street

Bank

and

Trust

Co.

02/25/26

(

23,016

)

USD

1,872,000

ZAR

30,894,178

Morgan

Stanley

&

Co.

International

plc

02/25/26

(

37,562

)

ZAR

30,700,718

USD

1,903,000

Citibank

NA

02/25/26

(

5,396

)

BRL

118,109,949

USD

22,581,869

Citibank

NA

03/03/26

(

272,148

)

AUD

24,834,191

NZD

28,860,000

JPMorgan

Chase

Bank

NA

03/18/26

(

112,946

)

EUR

7,210,976

CHF

6,595,000

Barclays

Bank

plc

03/18/26

(

5,819

)

EUR

79,293,414

CHF

73,758,298

Citibank

NA

03/18/26

(

1,673,237

)

EUR

7,196,286

CHF

6,595,000

JPMorgan

Chase

Bank

NA

03/18/26

(

23,267

)

EUR

28,300,000

JPY

5,195,625,300

JPMorgan

Chase

Bank

NA

03/18/26

(

77,856

)

EUR

12,342,863

USD

14,773,948

Bank

of

America

NA

03/18/26

(

113,548

)

EUR

22,041,618

USD

26,331,806

JPMorgan

Chase

Bank

NA

03/18/26

(

151,581

)

HKD

333,147,980

USD

42,930,334

Standard

Chartered

Bank

03/18/26

(

223,490

)

JPY

2,545,000,000

AUD

24,717,311

JPMorgan

Chase

Bank

NA

03/18/26

(

706,781

)

JPY

5,152,843,907

EUR

28,300,000

JPMorgan

Chase

Bank

NA

03/18/26

(

199,565

)

JPY

17,587,964,426

EUR

96,837,813

UBS

AG

03/18/26

(

969,469

)

JPY

6,103,023,377

USD

39,708,983

Societe

Generale

SA

03/18/26

(

133,313

)

TWD

2,444,810,699

USD

78,782,775

Morgan

Stanley

&

Co.

International

plc

03/18/26

(

1,548,269

)

USD

5,476,446

BRL

30,584,048

BNP

Paribas

SA

03/18/26

(

278,426

)

USD

31,499,848

CAD

43,379,578

Morgan

Stanley

&

Co.

International

plc

03/18/26

(

414,261

)

USD

32,766,138

CHF

25,754,610

Morgan

Stanley

&

Co.

International

plc

03/18/26

(

704,121

)

USD

16,561,048

EUR

14,110,000

BNP

Paribas

SA

03/18/26

(

198,292

)

USD

7,399,407

EUR

6,335,393

HSBC

Bank

plc

03/18/26

(

125,540

)

USD

23,872,908

EUR

20,535,849

JPMorgan

Chase

Bank

NA

03/18/26

(

518,820

)

USD

67,448,741

EUR

57,303,995

Natwest

Markets

plc

03/18/26

(

614,842

)

USD

417,526,341

EUR

355,373,324

Societe

Generale

SA

03/18/26

(

4,573,051

)

USD

10,475,109

EUR

8,921,261

State

Street

Bank

and

Trust

Co.

03/18/26

(

121,237

)

USD

13,325,455

EUR

11,384,659

Toronto

Dominion

Bank

03/18/26

(

196,826

)

USD

22,218,981

EUR

18,969,663

Wells

Fargo

Bank

NA

03/18/26

(

312,489

)

USD

296,416,124

GBP

221,691,667

Societe

Generale

SA

03/18/26

(

6,919,115

)

USD

12,021,323

MXN

220,472,319

Goldman

Sachs

International

03/18/26

(

545,114

)

USD

74,374,855

NOK

750,389,956

Citibank

NA

03/18/26

(

3,527,283

)

USD

17,476,890

MXN

311,384,000

Morgan

Stanley

&

Co.

International

plc

03/23/26

(

261,909

)

USD

912,346

EGP

44,878,320

Citibank

NA

03/31/26

(

13,327

)

USD

9,586,382

BRL

53,585,000

Deutsche

Bank

AG

04/02/26

(

456,257

)

USD

6,461,140

BRL

35,880,000

JPMorgan

Chase

Bank

NA

04/02/26

(

263,314

)

USD

622,461

EUR

531,105

JPMorgan

Chase

Bank

NA

04/16/26

(

9,271

)

USD

10,536,454

EUR

8,990,099

Morgan

Stanley

&

Co.

International

plc

04/16/26

(

156,972

)

USD

394,691

EUR

335,934

Societe

Generale

SA

04/16/26

(

4,891

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

47

Forward

Foreign

Currency

Exchange

Contracts

(continued)

Currency

Purchased

Currency

Sold

Counterparty

Settlement

Date

Unrealized

Appreciation

(Depreciation)

ARS

1,369,268,100

USD

883,000

Citibank

NA

04/23/26

$

(

49,243

)

PEN

12,271,610

USD

3,654,045

Societe

Generale

SA

04/27/26

(

18,384

)

TRY

248,571,568

USD

5,371,385

Barclays

Bank

plc

04/27/26

(

2,803

)

USD

19,980,156

COP

75,300,211,262

Morgan

Stanley

&

Co.

International

plc

04/27/26

(

23,345

)

USD

6,447,242

CZK

133,076,085

State

Street

Bank

and

Trust

Co.

04/27/26

(

40,118

)

USD

3,923,338

HUF

1,283,647,381

Credit

Agricole

Corporate

&

Investment

Bank

SA

04/27/26

(

43,598

)

USD

11,596,173

IDR

196,548,170,450

BNP

Paribas

SA

04/27/26

(

93,726

)

USD

4,928,248

INR

455,761,379

Merrill

Lynch

International

&

Co.

04/27/26

(

7,470

)

USD

39,476,766

MXN

695,778,000

Citibank

NA

04/27/26

(

26,777

)

USD

8,408,252

PHP

499,904,217

Citibank

NA

04/27/26

(

51,435

)

USD

17,241,410

PHP

1,021,837,998

HSBC

Bank

plc

04/27/26

(

50,761

)

USD

27,163,781

PLN

97,311,530

Deutsche

Bank

AG

04/27/26

(

222,829

)

USD

41,744,332

ZAR

680,457,659

Societe

Generale

SA

04/28/26

(

120,221

)

PEN

10,616,882

USD

3,175,000

Citibank

NA

05/04/26

(

30,002

)

USD

1,985,274

BRL

11,060,558

State

Street

Bank

and

Trust

Co.

06/02/26

(

60,165

)

USD

800,745

COP

3,098,482,724

JPMorgan

Chase

Bank

NA

07/07/26

(

8,501

)

(

30,512,619

)

$

37,324,534

OTC

Barrier

Options

Purchased

Description

Type

of

Option

Counterparty

Expiration

Date

Exercise

Price

Barrier

Price/Range

Notional

Amount

(000)

Value

Put

EUR

Currency

................

One-Touch

Bank

of

America

NA

02/05/26

CZK

23.85

CZK

23.85

EUR

234

$

83

USD

Currency

................

One-Touch

Bank

of

America

NA

02/05/26

CZK

20.00

CZK

20.00

USD

205

3,717

USD

Currency

................

One-Touch

Bank

of

America

NA

02/27/26

INR

88.15

INR

88.15

USD

339

2,308

EUR

Currency

................

Down

and

Out

Citibank

NA

03/26/26

USD

1.19

USD

1.15

EUR

18,631

145,259

EUR

Currency

................

One-Touch

Barclays

Bank

plc

07/21/26

HUF

375.00

HUF

375.00

EUR

529

64,665

$

216,032

$

–

Exchange-Traded

Options

Purchased

Description

Number

of

Contracts

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

Call

CBOE

Volatility

Index

.........................

657

02/18/26

USD

30.00

USD

1,146

$

42,596

Alphabet,

Inc.

..............................

2,000

02/20/26

USD

340.00

USD

67,706

2,515,000

Amazon.com,

Inc.

...........................

903

02/20/26

USD

255.00

USD

21,609

451,500

Amazon.com,

Inc.

...........................

2,499

02/20/26

USD

240.00

USD

59,801

2,686,425

Apple,

Inc.

................................

1,501

02/20/26

USD

290.00

USD

38,948

28,519

Citigroup,

Inc.

..............................

2,502

02/20/26

USD

120.00

USD

28,951

347,778

EURO

STOXX

Bank

Index

.....................

1,757

02/20/26

EUR

280.00

EUR

24,190

411,325

Fifth

Third

Bancorp

..........................

4,829

02/20/26

USD

50.00

USD

24,251

651,915

General

Electric

Co.

..........................

410

02/20/26

USD

330.00

USD

12,578

56,580

Goldman

Sachs

Group,

Inc.

(The)

................

116

02/20/26

USD

865.00

USD

10,851

903,060

Goldman

Sachs

Group,

Inc.

(The)

................

250

02/20/26

USD

1,000.00

USD

23,385

106,250

JPMorgan

Chase

&

Co.

.......................

999

02/20/26

USD

325.00

USD

30,558

102,398

Meta

Platforms,

Inc.

..........................

525

02/20/26

USD

670.00

USD

37,616

2,798,250

Microsoft

Corp.

.............................

825

02/20/26

USD

510.00

USD

35,499

39,188

Rockwell

Automation,

Inc.

......................

469

02/20/26

USD

410.00

USD

19,775

1,113,875

SPDR

Gold

Shares

(a)

.........................

8,000

02/20/26

USD

390.00

USD

355,960

47,066,284

Tesla,

Inc.

.................................

37

02/20/26

USD

540.00

USD

1,593

2,183

Tesla,

Inc.

.................................

646

02/20/26

USD

480.00

USD

27,804

245,480

Tesla,

Inc.

.................................

675

02/20/26

USD

450.00

USD

29,053

683,438

Uber

Technologies,

Inc.

.......................

2,081

02/20/26

USD

95.00

USD

16,658

59,309

Valero

Energy

Corp.

..........................

1,000

02/20/26

USD

175.00

USD

18,143

955,000

Vertiv

Holdings

Co.

..........................

2,105

02/20/26

USD

200.00

USD

39,191

1,673,475

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

48

Exchange-Traded

Options

Purchased

(continued)

Description

Number

of

Contracts

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

Apple,

Inc.

................................

1,796

03/20/26

USD

270.00

USD

46,603

$

889,020

Broadcom,

Inc.

.............................

900

03/20/26

USD

430.00

USD

29,817

294,750

Cadence

Design

Systems,

Inc.

..................

337

03/20/26

USD

350.00

USD

9,987

134,800

Citigroup,

Inc.

..............................

1,226

03/20/26

USD

110.00

USD

14,186

1,045,165

Delta

Air

Lines,

Inc.

..........................

903

03/20/26

USD

75.00

USD

5,950

79,464

iShares

MSCI

Emerging

Markets

ETF

..............

4,394

03/20/26

USD

61.00

USD

25,969

412,473

iShares

MSCI

Emerging

Markets

ETF

..............

12,000

03/20/26

USD

60.00

USD

70,920

1,641,223

iShares

Russell

2000

ETF

......................

4,424

03/20/26

USD

275.00

USD

114,869

1,079,487

Lionsgate

Studios

Corp.

.......................

185

03/20/26

USD

10.00

USD

175

14,800

NVIDIA

Corp.

..............................

1,751

03/20/26

USD

200.00

USD

33,467

1,584,655

SPDR

Gold

Shares

(a)

.........................

3,999

03/20/26

USD

465.00

USD

177,936

6,467,601

SPDR

Gold

Shares

(a)

.........................

8,001

03/20/26

USD

440.00

USD

356,004

21,311,846

State

Street

SPDR

S&P

Regional

Banking

ETF

.......

5,397

03/20/26

USD

70.00

USD

37,137

1,282,131

Synopsys,

Inc.

.............................

174

03/20/26

USD

560.00

USD

8,093

120,060

Tesla,

Inc.

.................................

319

03/20/26

USD

460.00

USD

13,730

535,920

United

Airlines

Holdings,

Inc.

....................

645

03/20/26

USD

120.00

USD

6,600

84,173

Sabre

Corp.

...............................

1,490

04/17/26

USD

2.00

USD

194

22,350

SPDR

Gold

Shares

(a)

.........................

10,001

04/17/26

USD

520.00

USD

444,994

8,197,988

Lionsgate

Studios

Corp.

.......................

409

06/18/26

USD

12.00

USD

386

30,675

108,168,409

Put

Invesco

QQQ

Trust,

Series

1

....................

5,984

02/13/26

USD

607.00

USD

372,127

2,937,458

WTI

Crude

Oil

(a)

.............................

61

02/17/26

USD

56.00

USD

61

13,420

Euro-Bund

................................

477

02/20/26

EUR

126.50

EUR

47,700

33,925

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

.......

2,747

02/20/26

USD

80.00

USD

22,284

39,095

iShares

iBoxx

$

Investment

Grade

Corporate

Bond

ETF

..

27,223

02/20/26

USD

110.00

USD

301,005

1,212,088

iShares

Russell

2000

ETF

......................

718

02/20/26

USD

250.00

USD

18,643

144,634

iShares

Silver

Trust

(a)

.........................

2,499

02/20/26

USD

60.00

USD

18,852

365,503

Rheinmetall

AG

.............................

156

02/20/26

EUR

1,680.00

EUR

27,791

655,522

State

Street

SPDR

S&P

500

ETF

Trust

.............

228

02/20/26

USD

650.00

USD

15,777

38,022

U.S.

Treasury

10-Year

Note

.....................

333

02/20/26

USD

111.00

USD

33,300

41,625

Nasdaq-100

Index

...........................

7

03/20/26

USD

24,500.00

USD

17,887

268,934

SPDR

Gold

Shares

(a)

.........................

8,001

03/20/26

USD

380.00

USD

356,004

2,513,090

State

Street

SPDR

S&P

500

ETF

Trust

.............

590

03/20/26

USD

650.00

USD

40,826

312,795

VanEck

Semiconductor

ETF

....................

175

03/20/26

USD

325.00

USD

7,061

53,147

SPDR

Gold

Shares

(a)

.........................

8,001

04/17/26

USD

380.00

USD

356,004

3,618,866

12,248,124

$

120,416,533

(a)

All

or

a

portion

of

the

security

is

held

by

a

wholly-owned

subsidiary.

OTC

Currency

Options

Purchased

Description

Counterparty

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

Call

USD

Currency

...........................

Citibank

NA

02/02/26

JPY

155.00

USD

16,268

$

43,211

USD

Currency

...........................

Barclays

Bank

plc

02/06/26

BRL

5.55

USD

4,090

845

EUR

Currency

...........................

HSBC

Bank

plc

02/10/26

USD

1.18

EUR

5,336

70,663

EUR

Currency

...........................

JPMorgan

Chase

Bank

NA

02/10/26

USD

1.19

EUR

4,002

27,710

EUR

Currency

...........................

Citibank

NA

02/25/26

USD

1.20

EUR

3,176

14,413

USD

Currency

...........................

JPMorgan

Chase

Bank

NA

03/12/26

THB

32.00

USD

3,156

16,403

USD

Currency

...........................

Standard

Chartered

Bank

03/12/26

THB

32.70

USD

6,312

10,563

USD

Currency

...........................

HSBC

Bank

plc

03/19/26

THB

31.30

USD

2,495

36,713

USD

Currency

...........................

HSBC

Bank

plc

04/13/26

CLP

910.00

USD

1,880

14,201

USD

Currency

...........................

UBS

AG

04/27/26

BRL

5.45

USD

6,340

109,781

USD

Currency

...........................

UBS

AG

05/27/26

COP

3,920.00

USD

4,025

91,210

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

49

OTC

Currency

Options

Purchased

(continued)

Description

Counterparty

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

AUD

Currency

...........................

Goldman

Sachs

International

07/06/26

USD

0.69

AUD

4,943

$

116,016

551,729

Put

GBP

Currency

...........................

Citibank

NA

02/25/26

USD

1.36

GBP

4,610

24,231

AUD

Currency

...........................

Barclays

Bank

plc

02/26/26

USD

0.69

AUD

9,082

46,229

GBP

Currency

...........................

Societe

Generale

SA

02/26/26

USD

1.37

GBP

1,381

12,563

USD

Currency

...........................

Barclays

Bank

plc

02/26/26

BRL

5.25

USD

43,504

364,907

USD

Currency

...........................

Citibank

NA

03/25/26

TRY

45.25

USD

1,572

23,123

USD

Currency

...........................

Goldman

Sachs

International

03/25/26

TRY

45.25

USD

1,572

23,123

USD

Currency

...........................

HSBC

Bank

plc

01/08/27

INR

92.40

USD

6,237

64,303

558,479

$

1,110,208

OTC

Credit

Default

Swaptions

Purchased

Paid

by

the

Fund

Received

by

the

Fund

Description

Rate/Reference

Rate/Reference

Frequency

Counterparty

Expiration

Date

Exercise

Price

Notional

Amount

(000)

(a)

Value

Put

Bought

Protection

on

5-Year

Credit

Default

Swap

......

5

.00

%

Markit

CDX

North

American

High

Yield

Index

Series

45.V1

Quarterly

Goldman

Sachs

International

02/18/26

USD

106.50

USD

20,915

$

35,375

(a)

The

maximum

potential

amount

the

Fund

may

pay

should

a

negative

credit

event

take

place

as

defined

under

the

terms

of

the

agreement.

OTC

Interest

Rate

Swaptions

Purchased

Paid

by

the

Fund

Received

by

the

Fund

Description

Rate

Frequency

Rate

Frequency

Counterparty

Expiration

Date

Exercise

Rate

Notional

Amount

(000)

Value

Call

10-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

3.57%

Annual

Deutsche

Bank

AG

02/05/26

3

.57

%

USD

55,935

$

26

30-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

3.77%

Annual

Deutsche

Bank

AG

02/05/26

3

.77

USD

37,248

—

5-Year

Interest

Rate

Swap

(a)

.

1-day

SOFR

Annual

3.15%

Annual

JPMorgan

Chase

Bank

NA

02/06/26

3

.15

USD

64,937

6

10-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

3.45%

Annual

JPMorgan

Chase

Bank

NA

02/06/26

3

.45

USD

40,774

1

30-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

3.55%

Annual

Bank

of

America

NA

04/30/26

3

.55

USD

142,695

139,766

1-Year

Interest

Rate

Swap

(a)

.

1-day

SOFR

At

Termination

3.00%

At

Termination

Goldman

Sachs

International

06/08/26

3

.00

USD

703,584

347,152

$

486,951

(a)

Forward

settling

swaption.

Exchange-Traded

Options

Written

Description

Number

of

Contracts

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

Call

Alphabet,

Inc.

...............................

639

02/20/26

USD

345.00

USD

21,632

$

(

627,817

)

Broadcom,

Inc.

..............................

270

02/20/26

USD

410.00

USD

8,945

(

12,690

)

Citigroup,

Inc.

...............................

2,502

02/20/26

USD

130.00

USD

28,951

(

42,534

)

Delta

Air

Lines,

Inc.

...........................

3,212

02/20/26

USD

80.00

USD

21,164

(

25,696

)

EURO

STOXX

Bank

Index

......................

1,757

02/20/26

EUR

290.00

EUR

24,190

(

124,960

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

50

Exchange-Traded

Options

Written

(continued)

Description

Number

of

Contracts

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

........

3,391

02/20/26

USD

82.00

USD

27,508

$

(

8,093

)

Lam

Research

Corp.

..........................

258

02/20/26

USD

210.00

USD

6,023

(

706,920

)

Micron

Technology,

Inc.

........................

459

02/20/26

USD

380.00

USD

19,043

(

2,252,542

)

SPDR

Gold

Shares

(a)

..........................

16,400

02/20/26

USD

420.00

USD

729,718

(

56,116,103

)

Tesla,

Inc.

..................................

37

02/20/26

USD

620.00

USD

1,593

(

425

)

Tesla,

Inc.

..................................

646

02/20/26

USD

560.00

USD

27,804

(

22,933

)

Uber

Technologies,

Inc.

........................

4,162

02/20/26

USD

100.00

USD

33,317

(

58,268

)

Vertiv

Holdings

Co.

...........................

854

02/20/26

USD

250.00

USD

15,900

(

77,714

)

Abbott

Laboratories

...........................

280

03/20/26

USD

135.00

USD

3,060

(

9,800

)

AbbVie,

Inc.

................................

163

03/20/26

USD

240.00

USD

3,635

(

50,856

)

Alphabet,

Inc.

...............................

3,560

03/20/26

USD

380.00

USD

120,517

(

1,726,600

)

Amazon.com,

Inc.

............................

894

03/20/26

USD

270.00

USD

21,393

(

339,720

)

American

Express

Co.

.........................

45

03/20/26

USD

410.00

USD

1,585

(

4,590

)

Apollo

Global

Management,

Inc.

...................

266

03/20/26

USD

160.00

USD

3,579

(

18,620

)

Apple,

Inc.

.................................

965

03/20/26

USD

285.00

USD

25,040

(

155,847

)

Apple,

Inc.

.................................

1,796

03/20/26

USD

300.00

USD

46,603

(

88,902

)

Bank

of

America

Corp.

.........................

2,225

03/20/26

USD

57.50

USD

11,837

(

91,225

)

Boeing

Co.

(The)

.............................

355

03/20/26

USD

280.00

USD

8,297

(

25,560

)

Boston

Scientific

Corp.

.........................

705

03/20/26

USD

100.00

USD

6,594

(

135,712

)

Broadcom,

Inc.

..............................

355

03/20/26

USD

420.00

USD

11,761

(

145,550

)

Cameco

Corp.

...............................

420

03/20/26

USD

145.00

USD

5,182

(

169,050

)

Capital

One

Financial

Corp.

......................

378

03/20/26

USD

270.00

USD

8,276

(

19,845

)

Cisco

Systems,

Inc.

...........................

920

03/20/26

USD

85.00

USD

7,205

(

99,360

)

Citigroup,

Inc.

...............................

775

03/20/26

USD

130.00

USD

8,968

(

72,075

)

Delta

Air

Lines,

Inc.

...........................

305

03/20/26

USD

80.00

USD

2,010

(

13,267

)

DR

Horton,

Inc.

..............................

190

03/20/26

USD

185.00

USD

2,828

(

10,450

)

Eli

Lilly

&

Co.

...............................

130

03/20/26

USD

1,200.00

USD

13,483

(

175,825

)

EQT

Corp.

.................................

620

03/20/26

USD

60.00

USD

3,579

(

149,110

)

Freeport-McMoRan,

Inc.

........................

651

03/20/26

USD

70.00

USD

3,921

(

106,764

)

General

Electric

Co.

...........................

99

03/20/26

USD

370.00

USD

3,037

(

4,455

)

Goldman

Sachs

Group,

Inc.

(The)

.................

20

03/20/26

USD

1,080.00

USD

1,871

(

6,310

)

Hilton

Worldwide

Holdings,

Inc.

...................

96

03/20/26

USD

330.00

USD

2,866

(

22,320

)

Home

Depot,

Inc.

(The)

........................

163

03/20/26

USD

420.00

USD

6,106

(

24,124

)

Intel

Corp.

.................................

300

03/20/26

USD

60.00

USD

1,394

(

26,850

)

Intuit,

Inc.

..................................

77

03/20/26

USD

630.00

USD

3,842

(

22,330

)

Intuitive

Surgical,

Inc.

..........................

85

03/20/26

USD

620.00

USD

4,286

(

7,862

)

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

........

5,086

03/20/26

USD

81.00

USD

41,258

(

195,298

)

iShares

MSCI

Emerging

Markets

ETF

...............

12,000

03/20/26

USD

64.00

USD

70,920

(

323,214

)

iShares

Russell

2000

ETF

.......................

4,424

03/20/26

USD

290.00

USD

114,869

(

227,806

)

JPMorgan

Chase

&

Co.

........................

320

03/20/26

USD

345.00

USD

9,788

(

26,720

)

Live

Nation

Entertainment,

Inc.

...................

255

03/20/26

USD

170.00

USD

3,709

(

44,625

)

Mastercard,

Inc.

.............................

125

03/20/26

USD

600.00

USD

6,735

(

24,000

)

Merck

&

Co.,

Inc.

.............................

280

03/20/26

USD

120.00

USD

3,088

(

37,240

)

Meta

Platforms,

Inc.

...........................

174

03/20/26

USD

720.00

USD

12,467

(

540,705

)

Micron

Technology,

Inc.

........................

229

03/20/26

USD

500.00

USD

9,501

(

443,115

)

Microsoft

Corp.

..............................

600

03/20/26

USD

520.00

USD

25,817

(

60,300

)

MongoDB,

Inc.

..............................

59

03/20/26

USD

520.00

USD

2,191

(

38,792

)

Netflix,

Inc.

.................................

240

03/20/26

USD

105.00

USD

2,004

(

6,000

)

NVIDIA

Corp.

...............................

1,656

03/20/26

USD

230.00

USD

31,651

(

322,920

)

Palantir

Technologies,

Inc.

.......................

195

03/20/26

USD

220.00

USD

2,859

(

13,552

)

Progressive

Corp.

(The)

........................

261

03/20/26

USD

230.00

USD

5,429

(

39,150

)

Tesla,

Inc.

..................................

229

03/20/26

USD

550.00

USD

9,856

(

69,158

)

Thermo

Fisher

Scientific,

Inc.

.....................

71

03/20/26

USD

700.00

USD

4,108

(

4,970

)

Trane

Technologies

plc

.........................

155

03/20/26

USD

440.00

USD

6,519

(

125,550

)

United

Airlines

Holdings,

Inc.

.....................

359

03/20/26

USD

140.00

USD

3,673

(

9,334

)

UnitedHealth

Group,

Inc.

........................

71

03/20/26

USD

390.00

USD

2,037

(

3,053

)

Walt

Disney

Co.

(The)

.........................

549

03/20/26

USD

125.00

USD

6,193

(

79,330

)

Wells

Fargo

&

Co.

............................

1,200

03/20/26

USD

100.00

USD

10,859

(

68,400

)

Williams

Cos.,

Inc.

(The)

........................

809

03/20/26

USD

70.00

USD

5,441

(

129,440

)

SPDR

Gold

Shares

(a)

..........................

10,001

04/17/26

USD

545.00

USD

444,994

(

5,632,260

)

(

72,264,606

)

Put

Invesco

QQQ

Trust,

Series

1

.....................

8,975

02/13/26

USD

580.00

USD

558,128

(

1,310,572

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

51

Exchange-Traded

Options

Written

(continued)

Description

Number

of

Contracts

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

WTI

Crude

Oil

(a)

..............................

61

02/17/26

USD

50.00

USD

61

$

(

4,270

)

Alphabet,

Inc.

...............................

2,000

02/20/26

USD

290.00

USD

67,706

(

232,000

)

Amazon.com,

Inc.

............................

903

02/20/26

USD

215.00

USD

21,609

(

239,295

)

Amazon.com,

Inc.

............................

2,499

02/20/26

USD

205.00

USD

59,801

(

358,606

)

Apple,

Inc.

.................................

1,501

02/20/26

USD

245.00

USD

38,948

(

273,932

)

Fifth

Third

Bancorp

...........................

4,829

02/20/26

USD

43.00

USD

24,251

(

120,725

)

GE

Vernova,

Inc.

.............................

300

02/20/26

USD

600.00

USD

21,791

(

73,500

)

General

Electric

Co.

...........................

410

02/20/26

USD

280.00

USD

12,578

(

51,250

)

Goldman

Sachs

Group,

Inc.

(The)

.................

250

02/20/26

USD

850.00

USD

23,385

(

82,625

)

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

........

2,747

02/20/26

USD

77.00

USD

22,284

(

10,596

)

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

........

3,391

02/20/26

USD

78.00

USD

27,508

(

17,464

)

iShares

iBoxx

$

Investment

Grade

Corporate

Bond

ETF

...

27,223

02/20/26

USD

108.00

USD

301,005

(

189,639

)

iShares

Russell

2000

ETF

.......................

327

02/20/26

USD

215.00

USD

8,491

(

4,221

)

iShares

Russell

2000

ETF

.......................

391

02/20/26

USD

220.00

USD

10,152

(

6,613

)

iShares

Silver

Trust

(a)

..........................

2,499

02/20/26

USD

52.00

USD

18,852

(

85,420

)

Microsoft

Corp.

..............................

825

02/20/26

USD

440.00

USD

35,499

(

1,264,312

)

Rheinmetall

AG

..............................

156

02/20/26

EUR

1,500.00

EUR

27,791

(

117,883

)

Rockwell

Automation,

Inc.

.......................

469

02/20/26

USD

330.00

USD

19,775

(

22,277

)

State

Street

SPDR

S&P

500

ETF

Trust

..............

228

02/20/26

USD

600.00

USD

15,777

(

9,913

)

Tesla,

Inc.

..................................

646

02/20/26

USD

360.00

USD

27,804

(

86,241

)

Vertiv

Holdings

Co.

...........................

2,105

02/20/26

USD

140.00

USD

39,191

(

257,862

)

Broadcom,

Inc.

..............................

900

03/20/26

USD

310.00

USD

29,817

(

1,437,750

)

Cadence

Design

Systems,

Inc.

...................

337

03/20/26

USD

290.00

USD

9,987

(

481,910

)

Delta

Air

Lines,

Inc.

...........................

903

03/20/26

USD

60.00

USD

5,950

(

137,707

)

iShares

MSCI

Emerging

Markets

ETF

...............

4,394

03/20/26

USD

56.00

USD

25,969

(

270,665

)

iShares

Russell

2000

ETF

.......................

2,211

03/20/26

USD

250.00

USD

57,409

(

997,883

)

Nasdaq-100

Index

............................

7

03/20/26

USD

23,500.00

USD

17,887

(

156,821

)

NVIDIA

Corp.

...............................

2,499

03/20/26

USD

145.00

USD

47,763

(

318,622

)

State

Street

SPDR

S&P

500

ETF

Trust

..............

590

03/20/26

USD

630.00

USD

40,826

(

202,622

)

State

Street

SPDR

S&P

Regional

Banking

ETF

........

2,636

03/20/26

USD

63.00

USD

18,138

(

237,627

)

State

Street

SPDR

S&P

Regional

Banking

ETF

........

2,761

03/20/26

USD

60.00

USD

18,998

(

142,951

)

Synopsys,

Inc.

..............................

174

03/20/26

USD

480.00

USD

8,093

(

685,560

)

Tesla,

Inc.

..................................

319

03/20/26

USD

390.00

USD

13,730

(

335,747

)

United

Airlines

Holdings,

Inc.

.....................

645

03/20/26

USD

85.00

USD

6,600

(

67,402

)

SPDR

Gold

Shares

(a)

..........................

8,001

04/17/26

USD

400.00

USD

356,004

(

6,438,993

)

Alphabet,

Inc.

...............................

522

05/15/26

USD

260.00

USD

17,671

(

174,870

)

Amazon.com,

Inc.

............................

726

05/15/26

USD

185.00

USD

17,373

(

211,992

)

Broadcom,

Inc.

..............................

502

05/15/26

USD

250.00

USD

16,631

(

363,950

)

NVIDIA

Corp.

...............................

942

05/15/26

USD

140.00

USD

18,004

(

249,630

)

Tesla,

Inc.

..................................

400

05/15/26

USD

330.00

USD

17,216

(

331,000

)

State

Street

SPDR

S&P

500

ETF

Trust

..............

1,764

06/18/26

USD

625.00

USD

122,064

(

1,812,513

)

Broadcom,

Inc.

..............................

500

09/18/26

USD

280.00

USD

16,565

(

1,272,500

)

NVIDIA

Corp.

...............................

801

09/18/26

USD

150.00

USD

15,310

(

742,927

)

(

21,890,858

)

$

(

94,155,464

)

(a)

All

or

a

portion

of

the

security

is

held

by

a

wholly-owned

subsidiary.

OTC

Currency

Options

Written

Description

Counterparty

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

Call

USD

Currency

.............................

Barclays

Bank

plc

02/05/26

CNH

6.98

USD

4,584

$

(

2,176

)

USD

Currency

.............................

Barclays

Bank

plc

02/06/26

BRL

5.75

USD

6,134

(

190

)

EUR

Currency

.............................

HSBC

Bank

plc

02/10/26

USD

1.19

EUR

8,004

(

55,420

)

EUR

Currency

.............................

Citibank

NA

02/25/26

USD

1.22

EUR

6,352

(

9,932

)

EUR

Currency

.............................

UBS

AG

02/27/26

USD

1.22

EUR

30,941

(

59,808

)

USD

Currency

.............................

UBS

AG

02/27/26

CAD

1.37

USD

37,056

(

129,758

)

EUR

Currency

.............................

HSBC

Bank

plc

03/05/26

BRL

6.45

EUR

2,254

(

16,950

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/12/26

THB

32.70

USD

6,312

(

10,563

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

52

OTC

Currency

Options

Written

(continued)

Description

Counterparty

Expiration

Date

Exercise

Price

Notional

Amount

(000)

Value

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

MXN

18.00

USD

2,497

$

(

13,412

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

CLP

920.00

USD

25,176

(

84,220

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

ZAR

17.00

USD

35,561

(

167,884

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

BRL

5.70

USD

35,965

(

103,576

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

MXN

18.50

USD

35,965

(

83,670

)

USD

Currency

.............................

HSBC

Bank

plc

03/19/26

THB

31.90

USD

3,743

(

25,069

)

USD

Currency

.............................

Citibank

NA

03/25/26

TRY

47.50

USD

1,572

(

14,886

)

USD

Currency

.............................

Goldman

Sachs

International

03/25/26

TRY

47.50

USD

1,572

(

14,886

)

USD

Currency

.............................

UBS

AG

04/27/26

BRL

5.70

USD

9,510

(

72,384

)

USD

Currency

.............................

UBS

AG

05/27/26

COP

4,200.00

USD

6,037

(

55,343

)

AUD

Currency

.............................

Goldman

Sachs

International

07/06/26

USD

0.73

AUD

9,885

(

70,245

)

–

(

990,372

)

–

Put

USD

Currency

.............................

Barclays

Bank

plc

02/05/26

CNH

6.98

USD

4,584

(

13,244

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

02/18/26

CLP

880.00

USD

1,349

(

19,574

)

USD

Currency

.............................

Standard

Chartered

Bank

02/25/26

IDR

16,250.00

USD

43,414

(

11,222

)

USD

Currency

.............................

Bank

of

America

NA

02/26/26

ZAR

16.70

USD

43,414

(

1,563,174

)

USD

Currency

.............................

Bank

of

America

NA

02/26/26

MXN

17.95

USD

43,504

(

1,211,117

)

USD

Currency

.............................

Morgan

Stanley

&

Co.

International

plc

02/26/26

BRL

5.25

USD

43,504

(

364,908

)

EUR

Currency

.............................

UBS

AG

02/27/26

USD

1.18

EUR

30,941

(

205,304

)

USD

Currency

.............................

UBS

AG

02/27/26

CAD

1.34

USD

37,056

(

66,889

)

USD

Currency

.............................

Morgan

Stanley

&

Co.

International

plc

03/04/26

BRL

5.29

USD

57,431

(

753,318

)

USD

Currency

.............................

Bank

of

America

NA

03/12/26

IDR

16,325.00

USD

43,178

(

42,631

)

USD

Currency

.............................

Bank

of

America

NA

03/12/26

BRL

5.25

USD

43,178

(

423,605

)

USD

Currency

.............................

Bank

of

America

NA

03/12/26

MXN

17.65

USD

43,178

(

674,629

)

USD

Currency

.............................

Bank

of

America

NA

03/12/26

ZAR

16.35

USD

43,277

(

925,012

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

MXN

17.50

USD

2,497

(

28,063

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

ZAR

16.00

USD

35,561

(

375,367

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

MXN

17.40

USD

35,965

(

304,670

)

USD

Currency

.............................

JPMorgan

Chase

Bank

NA

03/18/26

BRL

5.30

USD

35,965

(

550,875

)

USD

Currency

.............................

HSBC

Bank

plc

04/13/26

CLP

850.00

USD

1,880

(

15,614

)

–

(

7,549,216

)

–

$

(

8,539,588

)

OTC

Credit

Default

Swaptions

Written

Paid

by

the

Fund

Received

by

the

Fund

Description

Rate/Reference

Rate/Reference

Frequency

Counterparty

Expiration

Date

Credit

Rating

(a)

Exercise

Price

Notional

Amount

(000)

(b)

Value

Call

Sold

Protection

on

5-Year

Credit

Default

Swap

.........

1

.00

%

Markit

CDX

North

American

Investment

Grade

Index

Series

45.V1

Quarterly

Goldman

Sachs

International

02/18/26

NR

USD

60.00

USD

33,041

$

(

151,841

)

Put

Sold

Protection

on

5-Year

Credit

Default

Swap

.........

Markit

CDX

North

American

Investment

Grade

Index

Series

45.V1

1

.00

%

Quarterly

Goldman

Sachs

International

02/18/26

NR

USD

60.00

USD

33,041

(

3,935

)

$

(

155,776

)

(a)

Using

the

rating

of

the

issuer

or

the

underlying

securities

of

the

index,

as

applicable,

provided

by

S&P

Global

Ratings.

(b)

The

maximum

potential

amount

the

Fund

may

pay

should

a

negative

credit

event

take

place

as

defined

under

the

terms

of

the

agreement.

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

53

OTC

Interest

Rate

Swaptions

Written

Paid

by

the

Fund

Received

by

the

Fund

Description

Rate

Frequency

Rate

Frequency

Counterparty

Expiration

Date

Exercise

Rate

Notional

Amount

(000)

Value

Call

10-Year

Interest

Rate

Swap

(a)

3.60%

Annual

1-day

SOFR

Annual

Nomura

International

plc

02/17/26

3

.60

%

USD

73,241

$

(

11,930

)

30-Year

Interest

Rate

Swap

(a)

4.30%

Annual

1-day

SONIA

Annual

Goldman

Sachs

International

04/23/26

4

.30

GBP

22,384

(

145,347

)

30-Year

Interest

Rate

Swap

(a)

3.25%

Annual

1-day

SOFR

Annual

Bank

of

America

NA

04/30/26

3

.25

USD

142,695

(

34,730

)

1-Year

Interest

Rate

Swap

(a)

.

2.50%

At

Termination

1-day

SOFR

At

Termination

Goldman

Sachs

International

06/08/26

2

.50

USD

703,584

(

84,075

)

10-Year

Interest

Rate

Swap

(a)

3.20%

Annual

1-day

SOFR

Annual

Citibank

NA

12/16/26

3

.20

USD

55,087

(

220,003

)

(

496,085

)

Put

10-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

3.96%

Annual

Bank

of

America

NA

02/02/26

3

.96

USD

99,856

(

5,296

)

30-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

4.30%

Annual

Goldman

Sachs

International

02/02/26

4

.30

USD

44,154

(

9,438

)

5-Year

Interest

Rate

Swap

(a)

.

1-day

SOFR

Annual

3.77%

Annual

JPMorgan

Chase

Bank

NA

02/10/26

3

.77

USD

28,727

(

427

)

10-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

4.00%

Annual

Nomura

International

plc

02/17/26

4

.00

USD

73,241

(

62,564

)

10-Year

Interest

Rate

Swap

(a)

6-mo.

EURIBOR

Semi-Annual

2.94%

Annual

JPMorgan

Chase

Bank

NA

04/23/26

2

.94

EUR

138,316

(

989,238

)

10-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

4.00%

Annual

JPMorgan

Chase

Bank

NA

04/23/26

4

.00

USD

130,309

(

791,651

)

1-Year

Interest

Rate

Swap

(a)

.

1-day

SOFR

At

Termination

3.50%

At

Termination

Goldman

Sachs

International

06/08/26

3

.50

USD

703,584

(

336,023

)

2-Year

Interest

Rate

Swap

(a)

.

1-day

SOFR

Annual

3.85%

Annual

Goldman

Sachs

International

10/21/26

3

.85

USD

653,144

(

661,374

)

10-Year

Interest

Rate

Swap

(a)

1-day

SOFR

Annual

4.60%

Annual

Citibank

NA

12/16/26

4

.60

USD

55,087

(

333,255

)

2-Year

Interest

Rate

Swap

(a)

.

1-day

SOFR

Annual

4.30%

Annual

Goldman

Sachs

International

09/20/27

4

.30

USD

750,000

(

1,596,104

)

2-Year

Interest

Rate

Swap

(a)

.

1-day

SOFR

Annual

4.00%

Annual

Nomura

International

plc

12/08/27

4

.00

USD

296,246

(

1,202,664

)

2-Year

Interest

Rate

Swap

(a)

.

1-day

SOFR

Annual

4.50%

Annual

Deutsche

Bank

AG

12/16/27

4

.50

USD

444,374

(

948,025

)

(

6,936,059

)

$

(

7,432,144

)

(a)

Forward

settling

swaption.

Centrally

Cleared

Credit

Default

Swaps

—

Buy

Protection

Reference

Obligation/Index

Financing

Rate

Paid

by

the

Fund

Payment

Frequency

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

Avis

Budget

Car

Rental

LLC

............

5

.00

%

Quarterly

12/20/26

USD

12,271

$

(

502,883

)

$

(

312,430

)

$

(

190,453

)

Markit

CDX

North

American

Investment

Grade

Index

Series

39.V1

................

1

.00

Quarterly

12/20/27

USD

5,479

(

85,018

)

(

3,008

)

(

82,010

)

Markit

CDX

North

American

High

Yield

Index

Series

44.V1

.....................

5

.00

Quarterly

06/20/30

USD

48,170

(

4,425,447

)

(

3,113,534

)

(

1,311,913

)

Markit

CDX

North

American

Investment

Grade

Index

Series

44.V1

................

1

.00

Quarterly

06/20/30

USD

21,531

(

502,832

)

(

429,628

)

(

73,204

)

Markit

CDX

North

American

High

Yield

Index

Series

45.V1

.....................

5

.00

Quarterly

12/20/30

USD

14,525

(

1,300,945

)

(

951,279

)

(

349,666

)

Markit

CDX

North

American

Investment

Grade

Index

Series

45.V1

................

1

.00

Quarterly

12/20/30

USD

40,481

(

960,056

)

(

907,716

)

(

52,340

)

$

(

7,777,181

)

$

(

5,717,595

)

$

(

2,059,586

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

54

Centrally

Cleared

Credit

Defa

ul

t

Swaps

—

Sell

Protection

Reference

Obligation/Index

Financing

Rate

Received

by

the

Fund

Payment

Frequency

Termination

Date

Credit

Rating

(a)

Notional

Amount

(000)

(b)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

Markit

CDX

North

American

High

Yield

Index

Series

39.V4

...........

5

.00

%

Quarterly

12/20/27

BB-

USD

21,615

$

1,316,393

$

(

161,091

)

$

1,477,484

Markit

CDX

North

American

High

Yield

Index

Series

41.V1

...........

5

.00

Quarterly

12/20/28

BB-

USD

31,965

2,463,208

698,122

1,765,086

Ardagh

Packaging

Finance

plc

.............

5

.00

Quarterly

12/20/29

NR

EUR

1,302

(

975,937

)

—

(

975,937

)

iTraxx

Europe

Crossover

Index

Series

42.V4

..

5

.00

Quarterly

12/20/29

BB-

EUR

93,714

11,562,767

6,833,720

4,729,047

Ardagh

Packaging

Finance

plc

.............

5

.00

Quarterly

06/20/30

NR

EUR

137

(

102,409

)

—

(

102,409

)

iTraxx

Europe

Crossover

Index

Series

43.V3

..

5

.00

Quarterly

06/20/30

BB-

EUR

9,970

1,367,553

1,039,851

327,702

$

15,631,575

$

8,410,602

$

7,220,973

(a)

Using

the

rating

of

the

issuer

or

the

underlying

securities

of

the

index,

as

applicable,

provided

by

S&P

Global

Ratings.

(b)

The

maximum

potential

amount

the

Fund

may

pay

should

a

negative

credit

event

take

place

as

defined

under

the

terms

of

the

agreement.

Centrally

Cleared

Interest

Rate

Swap

s

Paid

by

the

Fund

Received

by

the

Fund

Rate

Frequency

Rate

Frequency

Effective

Date

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

1-day

TIIEOIS

Monthly

8.47%

Monthly

N/A

02/25/26

MXN

484,352

$

28,527

$

—

$

28,527

0.28%

Annual

1-day

TONAR

Annual

N/A

03/09/26

JPY

26,882,219

430,030

—

430,030

8.02%

Quarterly

3-mo.

JIBAR

Quarterly

N/A

03/26/26

ZAR

199,538

(

36,800

)

—

(

36,800

)

1-day

SOFR

Annual

4.93%

Annual

N/A

04/26/26

USD

1,080,090

8,947,811

23,102

8,924,709

8.15%

Quarterly

3-mo.

JIBAR

Quarterly

N/A

05/07/26

ZAR

281,532

(

111,256

)

—

(

111,256

)

1-day

SOFR

Annual

4.50%

Annual

N/A

05/08/26

USD

238,166

992,491

—

992,491

1-day

TIIEOIS

Monthly

7.73%

Monthly

N/A

05/11/26

MXN

150,109

18,977

—

18,977

7.73%

Monthly

1-day

TIIEOIS

Monthly

N/A

06/19/26

MXN

294,182

(

57,404

)

—

(

57,404

)

1-day

SOFR

Annual

4.35%

Annual

N/A

07/22/26

USD

102,378

442,018

—

442,018

6.94%

Quarterly

3-mo.

JIBAR

Quarterly

N/A

09/17/26

ZAR

229,465

(

34,446

)

—

(

34,446

)

4.21%

At

Termination

3-mo.

WIBOR

Quarterly

N/A

09/17/26

PLN

19,929

(

72,287

)

—

(

72,287

)

5.24%

Annual

6-mo.

WIBOR

Semi-Annual

N/A

09/19/26

PLN

44,287

(

129,721

)

—

(

129,721

)

6.92%

Quarterly

3-mo.

JIBAR

Quarterly

N/A

09/23/26

ZAR

28,851

(

4,107

)

—

(

4,107

)

1-day

SOFR

Annual

4.00%

Annual

N/A

10/28/26

USD

370,972

1,279,747

—

1,279,747

1-day

TIIEOIS

Monthly

9.26%

Monthly

N/A

11/18/26

MXN

2,409,360

2,686,657

—

2,686,657

13.88%

At

Termination

1-day

BZDIOVER

At

Termination

N/A

01/04/27

BRL

88,179

(

20,445

)

—

(

20,445

)

1-day

SOFR

Annual

4.07%

Annual

N/A

01/14/27

USD

341,295

1,908,533

—

1,908,533

6-mo.

BUBOR

Semi-Annual

6.50%

Annual

N/A

03/19/27

HUF

1,223,390

138,281

—

138,281

7.25%

Quarterly

3-mo.

JIBAR

Quarterly

N/A

03/19/27

ZAR

108,319

(

62,276

)

—

(

62,276

)

5.14%

Annual

6-mo.

WIBOR

Semi-Annual

N/A

03/19/27

PLN

36,634

(

448,429

)

—

(

448,429

)

5.13%

Annual

6-mo.

WIBOR

Semi-Annual

N/A

03/19/27

PLN

21,980

(

267,484

)

—

(

267,484

)

1-day

MIBOR

Semi-Annual

6.34%

Semi-Annual

N/A

03/20/27

INR

1,888,562

241,994

—

241,994

3.88%

Annual

1-day

SOFR

Annual

N/A

03/20/27

USD

8,495

(

13,745

)

580

(

14,325

)

1-day

SOFR

Annual

4.73%

Annual

N/A

04/26/27

USD

1,289,442

25,174,995

287,715

24,887,280

1-day

SOFR

Annual

4.10%

Annual

N/A

05/30/27

USD

282,111

2,285,152

—

2,285,152

1-day

SOFR

Annual

4.15%

Annual

N/A

05/30/27

USD

282,111

2,562,302

—

2,562,302

6-mo.

BUBOR

Semi-Annual

5.68%

Annual

N/A

09/17/27

HUF

1,707,025

(

42,467

)

—

(

42,467

)

6-mo.

BUBOR

Semi-Annual

5.76%

Annual

N/A

09/17/27

HUF

2,570,000

(

51,937

)

—

(

51,937

)

6.99%

Quarterly

3-mo.

JIBAR

Quarterly

N/A

09/17/27

ZAR

48,743

(

30,104

)

—

(

30,104

)

3.97%

Annual

6-mo.

WIBOR

Semi-Annual

N/A

09/17/27

PLN

26,376

(

20,216

)

—

(

20,216

)

1-day

SOFR

Annual

4.20%

Annual

N/A

10/23/27

USD

95,676

1,389,300

—

1,389,300

1-day

SOFR

At

Termination

3.23%

At

Termination

12/11/26

(a)

12/11/27

USD

348,343

(

44,580

)

—

(

44,580

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

55

Centrally

Cleared

Interest

Rate

Swaps

(continued)

Paid

by

the

Fund

Received

by

the

Fund

Rate

Frequency

Rate

Frequency

Effective

Date

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

1-day

SOFR

Annual

4.00%

Annual

N/A

01/26/28

USD

228,623

$

2,757,292

$

—

$

2,757,292

3.45%

Annual

1-day

SOFR

Annual

N/A

01/26/28

USD

228,623

(

333,266

)

—

(

333,266

)

3.27%

Annual

1-day

SOFR

Annual

02/05/26

(a)

02/05/28

USD

230,191

422,090

—

422,090

1-day

SONIA

At

Termination

3.18%

At

Termination

02/10/27

(a)

02/10/28

GBP

849,941

(

3,886,501

)

—

(

3,886,501

)

1-day

SONIA

Annual

4.86%

Annual

N/A

06/20/28

GBP

62,860

2,928,848

—

2,928,848

1-day

SOFR

Annual

3.50%

Annual

N/A

08/20/28

USD

229,310

84,970

—

84,970

3-mo.

CD_KSDA

Quarterly

2.40%

Quarterly

N/A

09/17/28

KRW

21,116,582

(

300,369

)

—

(

300,369

)

1-day

SONIA

Annual

4.12%

Annual

N/A

11/17/28

GBP

57,731

1,124,742

—

1,124,742

1-day

SONIA

Annual

4.12%

Annual

N/A

11/21/28

GBP

57,649

1,126,762

—

1,126,762

1-week

CNREPOFIX_

CFXS

Quarterly

1.59%

Quarterly

N/A

12/17/28

CNY

87,809

13,300

—

13,300

1-day

BZDIOVER

At

Termination

13.01%

At

Termination

N/A

01/02/29

BRL

37,793

21,539

—

21,539

1-day

BZDIOVER

At

Termination

13.14%

At

Termination

N/A

01/02/29

BRL

18,581

22,236

—

22,236

6-mo.

EURIBOR

Semi-Annual

3.00%

Annual

N/A

03/05/29

EUR

148,633

6,774,520

—

6,774,520

1-day

MIBOR

Semi-Annual

6.26%

Semi-Annual

N/A

03/20/29

INR

584,406

77,080

—

77,080

1-day

MIBOR

Semi-Annual

6.30%

Semi-Annual

N/A

03/20/29

INR

714,274

103,505

—

103,505

1-day

SOFR

Annual

4.50%

Annual

N/A

04/26/29

USD

1,720,423

61,234,937

1,248,037

59,986,900

6-mo.

EURIBOR

Semi-Annual

2.90%

Annual

N/A

04/30/29

EUR

165,249

6,598,228

—

6,598,228

1-day

SOFR

Annual

4.00%

Annual

N/A

05/06/29

USD

235,522

3,902,690

—

3,902,690

6-mo.

EURIBOR

Semi-Annual

2.87%

Annual

N/A

06/11/29

EUR

119,586

4,483,869

—

4,483,869

1-day

SOFR

Annual

3.66%

Annual

N/A

10/10/29

USD

115,310

783,752

—

783,752

1-day

TIIEOIS

Monthly

9.04%

Monthly

N/A

11/14/29

MXN

831,130

2,675,332

—

2,675,332

8.97%

Monthly

1-day

TIIEOIS

Monthly

N/A

12/14/29

MXN

57,803

(

179,552

)

—

(

179,552

)

1-day

SONIA

Annual

4.00%

Annual

N/A

01/16/30

GBP

128,989

2,038,855

—

2,038,855

1-day

SOFR

Annual

4.00%

Annual

N/A

01/23/30

USD

128,989

2,613,859

—

2,613,859

6-mo.

EURIBOR

Semi-Annual

2.42%

Annual

N/A

01/31/30

EUR

2,181

(

507

)

475

(

982

)

6-mo.

EURIBOR

Semi-Annual

2.63%

Annual

N/A

01/31/30

EUR

2,955

27,442

56,327

(

28,885

)

6-mo.

EURIBOR

Semi-Annual

2.43%

Annual

N/A

02/03/30

EUR

4,385

73,475

8,569

64,906

8.65%

Monthly

1-day

TIIEOIS

Monthly

N/A

02/07/30

MXN

62,093

(

156,031

)

—

(

156,031

)

1-day

SOFR

Annual

3.23%

Annual

N/A

02/19/30

USD

128,318

(

2,424,177

)

—

(

2,424,177

)

1-day

SOFR

Annual

3.90%

Annual

N/A

02/24/30

USD

111,573

1,466,755

—

1,466,755

6-mo.

PRIBOR

Semi-Annual

3.46%

Annual

N/A

03/19/30

CZK

114,863

79,671

—

79,671

6-mo.

BUBOR

Semi-Annual

6.55%

Annual

N/A

03/19/30

HUF

490,037

84,015

—

84,015

7.94%

Quarterly

3-mo.

JIBAR

Quarterly

N/A

03/19/30

ZAR

202,269

(

680,563

)

—

(

680,563

)

7.73%

Monthly

1-day

TIIEOIS

Monthly

N/A

05/06/30

MXN

27,942

(

16,308

)

—

(

16,308

)

6-mo.

EURIBOR

Semi-Annual

2.20%

Annual

N/A

06/04/30

EUR

30,244

30,888

—

30,888

1-day

TIIEOIS

Monthly

7.82%

Monthly

N/A

06/07/30

MXN

56,067

43,359

—

43,359

6-mo.

PRIBOR

Semi-Annual

3.56%

Annual

N/A

06/18/30

CZK

29,039

24,766

—

24,766

6-mo.

PRIBOR

Semi-Annual

3.66%

Annual

N/A

06/18/30

CZK

46,231

50,060

4,737

45,323

1-day

TIIEOIS

Monthly

7.72%

Monthly

N/A

06/24/30

MXN

36,084

20,038

—

20,038

1-day

TIIEOIS

Monthly

7.69%

Monthly

N/A

07/30/30

MXN

207,893

95,678

—

95,678

1-week

CNREPOFIX_

CFXS

Quarterly

1.45%

Quarterly

N/A

09/17/30

CNY

67,043

(

75,782

)

—

(

75,782

)

6-mo.

PRIBOR

Semi-Annual

3.41%

Annual

N/A

09/17/30

CZK

85,560

(

32,852

)

—

(

32,852

)

6-mo.

PRIBOR

Semi-Annual

3.55%

Annual

N/A

09/17/30

CZK

112,382

(

6,226

)

—

(

6,226

)

6-mo.

WIBOR

Semi-Annual

4.04%

Annual

N/A

09/17/30

PLN

14,814

32,554

—

32,554

6-mo.

BUBOR

Semi-Annual

5.96%

Annual

N/A

09/17/30

HUF

220,516

(

1,758

)

—

(

1,758

)

7.60%

Quarterly

3-mo.

JIBAR

Quarterly

N/A

09/17/30

ZAR

91,021

(

243,423

)

—

(

243,423

)

6-mo.

PRIBOR

Semi-Annual

3.91%

Annual

N/A

12/17/30

CZK

221,688

151,422

—

151,422

4.08%

Annual

6-mo.

WIBOR

Semi-Annual

N/A

12/17/30

PLN

9,799

(

33,986

)

—

(

33,986

)

4.08%

Annual

6-mo.

WIBOR

Semi-Annual

N/A

12/17/30

PLN

9,653

(

33,235

)

—

(

33,235

)

4.10%

Annual

6-mo.

WIBOR

Semi-Annual

N/A

12/17/30

PLN

9,799

(

35,844

)

—

(

35,844

)

0.02%

Annual

6-mo.

EURIBOR

Semi-Annual

N/A

08/26/31

EUR

103,788

17,268,788

—

17,268,788

1-day

ESTR

Annual

2.34%

Annual

01/19/28

(a)

01/19/33

EUR

74,318

(

1,091,562

)

—

(

1,091,562

)

3-mo.

JIBAR

Quarterly

9.90%

Quarterly

N/A

09/20/33

ZAR

276,671

3,012,858

—

3,012,858

3-mo.

JIBAR

Quarterly

9.90%

Quarterly

N/A

09/20/33

ZAR

138,336

1,506,951

—

1,506,951

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

56

Centrally

Cleared

Interest

Rate

Swaps

(continued)

Paid

by

the

Fund

Received

by

the

Fund

Rate

Frequency

Rate

Frequency

Effective

Date

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

3-mo.

JIBAR

Quarterly

9.92%

Quarterly

N/A

09/20/33

ZAR

138,336

$

1,518,185

$

—

$

1,518,185

1-day

MIBOR

Semi-Annual

6.34%

Semi-Annual

N/A

03/20/34

INR

240,200

441

—

441

1-day

MIBOR

Semi-Annual

6.35%

Semi-Annual

N/A

03/20/34

INR

240,200

2,147

—

2,147

1-day

SOFR

Annual

4.35%

Annual

N/A

04/26/34

USD

1,281,638

55,845,287

1,953,583

53,891,704

1-day

SOFR

Annual

3.66%

Annual

N/A

10/10/34

USD

77,654

(

779,744

)

—

(

779,744

)

1-day

SOFR

Annual

3.67%

Annual

N/A

12/26/34

USD

133,331

(

1,275,336

)

—

(

1,275,336

)

1-day

SOFR

Annual

3.70%

Annual

N/A

01/06/35

USD

104,391

(

773,532

)

—

(

773,532

)

1-day

SOFR

Annual

3.75%

Annual

N/A

03/27/35

USD

103,294

(

924,304

)

—

(

924,304

)

1-day

SOFR

Annual

3.75%

Annual

N/A

07/09/35

USD

52,089

(

441,557

)

—

(

441,557

)

1-day

THOR

Quarterly

1.38%

Quarterly

N/A

09/17/35

THB

10,301

(

15,381

)

—

(

15,381

)

1.35%

Quarterly

1-day

THOR

Quarterly

N/A

09/17/35

THB

10,301

16,128

7,175

8,953

1-day

TIIEOIS

Monthly

8.27%

Monthly

N/A

12/05/35

MXN

41,423

42,550

—

42,550

3.46%

Annual

1-day

SOFR

Annual

12/15/26

(a)

12/15/36

USD

46,302

1,833,337

—

1,833,337

4.25%

Annual

1-day

SOFR

Annual

N/A

09/29/43

USD

16,230

(

170,615

)

9,445

(

180,060

)

3.65%

Annual

1-day

SOFR

Annual

N/A

11/03/53

USD

50,072

4,764,878

—

4,764,878

1-day

TONAR

Annual

1.45%

Annual

N/A

03/06/54

JPY

2,733,675

(

5,019,994

)

—

(

5,019,994

)

1-day

TONAR

Annual

1.45%

Annual

N/A

03/11/54

JPY

2,733,675

(

5,017,394

)

—

(

5,017,394

)

1-day

SOFR

Annual

4.07%

Annual

N/A

04/26/54

USD

49,926

(

1,315,492

)

202,525

(

1,518,017

)

3.65%

Annual

1-day

SOFR

Annual

N/A

11/02/54

USD

464,907

44,645,040

127,509

44,517,531

1-day

SONIA

Annual

4.10%

Annual

N/A

11/07/54

GBP

47,000

(

5,157,277

)

212,253

(

5,369,530

)

1-day

TONAR

Annual

2.58%

Annual

N/A

10/08/55

JPY

252,200

(

114,926

)

—

(

114,926

)

1-day

SONIA

Annual

4.45%

Annual

N/A

12/04/55

GBP

22,384

(

702,515

)

—

(

702,515

)

$

248,264,221

$

4,142,032

$

244,122,189

(a)

Forward

swap.

Centrally

Cleared

Inflation

Swap

s

Paid

by

the

Fund

Received

by

the

Fund

Reference

Frequency

Rate

Frequency

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

Harmonised

Index

of

Consumer

Prices

ex.

Tobacco

All

Items

Monthly

At

Termination

2.69%

At

Termination

08/15/32

EUR

14,565

$

539,094

$

—

$

539,094

OTC

Credit

Default

Swap

s

—

Buy

Protection

Reference

Obligation/Index

Financing

Rate

Paid

by

the

Fund

Payment

Frequency

Counterparty

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

Community

Health

Systems,

Inc.

5

.00

%

Quarterly

Goldman

Sachs

International

06/20/26

USD

320

$

(

6,824

)

$

4,393

$

(

11,217

)

Community

Health

Systems,

Inc.

5

.00

Quarterly

Goldman

Sachs

International

06/20/26

USD

475

(

10,129

)

8,454

(

18,583

)

Xerox

Corp.

.............

1

.00

Quarterly

Barclays

Bank

plc

12/20/26

USD

295

46,356

65,762

(

19,406

)

BorgWarner,

Inc.

..........

1

.00

Quarterly

BNP

Paribas

SA

12/20/27

USD

1,330

(

20,925

)

6,949

(

27,874

)

Pitney

Bowes,

Inc.

.........

1

.00

Quarterly

Barclays

Bank

plc

12/20/27

USD

480

(

116

)

47,002

(

47,118

)

Pitney

Bowes,

Inc.

.........

1

.00

Quarterly

Citibank

NA

12/20/27

USD

400

(

97

)

42,431

(

42,528

)

Pitney

Bowes,

Inc.

.........

1

.00

Quarterly

Citibank

NA

12/20/27

USD

270

(

65

)

27,829

(

27,894

)

Pitney

Bowes,

Inc.

.........

1

.00

Quarterly

Goldman

Sachs

International

12/20/27

USD

490

(

119

)

48,009

(

48,128

)

Pitney

Bowes,

Inc.

.........

1

.00

Quarterly

Goldman

Sachs

International

12/20/27

USD

675

(

164

)

67,926

(

68,090

)

Xerox

Corp.

.............

1

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/27

USD

790

296,553

34,847

261,706

Simon

Property

Group

LP

....

1

.00

Quarterly

JPMorgan

Chase

Bank

NA

06/20/28

USD

4,065

(

74,559

)

44,561

(

119,120

)

UBS

Group

AG

...........

1

.00

Quarterly

JPMorgan

Chase

Bank

NA

06/20/28

EUR

7,200

(

157,782

)

111,323

(

269,105

)

Boeing

Co.

(The)

..........

1

.00

Quarterly

Deutsche

Bank

AG

12/20/28

USD

8,100

(

141,215

)

(

22,878

)

(

118,337

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

57

OTC

Credit

Default

Swaps

—

Buy

Protection

(continued)

Reference

Obligation/Index

Financing

Rate

Paid

by

the

Fund

Payment

Frequency

Counterparty

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

Boeing

Co.

(The)

..........

1

.00

%

Quarterly

JPMorgan

Chase

Bank

NA

06/20/29

USD

8,100

$

(

152,343

)

$

65,796

$

(

218,139

)

DXC

Technology

Co.

.......

5

.00

Quarterly

JPMorgan

Chase

Bank

NA

06/20/29

USD

692

(

94,511

)

(

52,481

)

(

42,030

)

Deutsche

Bank

AG

.........

1

.00

Quarterly

BNP

Paribas

SA

12/20/29

EUR

3,917

(

85,533

)

(

19,324

)

(

66,209

)

Intesa

Sanpaolo

SpA

.......

1

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/29

EUR

3,779

(

63,618

)

—

(

63,618

)

Telecom

Italia

SpA

.........

1

.00

Quarterly

Goldman

Sachs

International

12/20/29

EUR

1,700

(

13,565

)

64,214

(

77,779

)

Intesa

Sanpaolo

SpA

.......

1

.00

Quarterly

BNP

Paribas

SA

06/20/30

EUR

4,187

(

148,710

)

(

77,985

)

(

70,725

)

Simon

Property

Group

LP

....

1

.00

Quarterly

BNP

Paribas

SA

06/20/30

USD

1,130

(

27,333

)

(

5,292

)

(

22,041

)

Ally

Financial,

Inc.

.........

5

.00

Quarterly

Goldman

Sachs

International

12/20/30

USD

2,355

(

390,631

)

(

351,558

)

(

39,073

)

Ally

Financial,

Inc.

.........

5

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/30

USD

1,110

(

184,119

)

(

169,074

)

(

15,045

)

American

Airlines

Group,

Inc.

..

5

.00

Quarterly

Bank

of

America

NA

12/20/30

USD

720

(

41,422

)

14,746

(

56,168

)

DXC

Technology

Co.

.......

5

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/30

USD

1,385

(

223,981

)

(

198,026

)

(

25,955

)

Goldman

Sachs

Group,

Inc.

(The)

................

1

.00

Quarterly

BNP

Paribas

SA

12/20/30

USD

18,843

(

428,746

)

(

411,088

)

(

17,658

)

Republic

of

Panama

........

1

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/30

USD

565

5,814

10,963

(

5,149

)

Southwest

Airlines

Co.

......

1

.00

Quarterly

Deutsche

Bank

AG

12/20/30

USD

2,225

(

15,041

)

5,821

(

20,862

)

Southwest

Airlines

Co.

......

1

.00

Quarterly

Goldman

Sachs

International

12/20/30

USD

5,680

(

38,396

)

24,543

(

62,939

)

Whirlpool

Corp.

...........

1

.00

Quarterly

Deutsche

Bank

AG

12/20/30

USD

555

34,653

35,755

(

1,102

)

$

–

$

–

$

–

$

(

1,936,568

)

$

(

576,382

)

$

(

1,360,186

)

$

–

$

–

$

–

OTC

Credit

Default

Swap

s

—

Sell

Protection

Reference

Obligation/Index

Financing

Rate

Received

by

the

Fund

Payment

Frequency

Counterparty

Termination

Date

Credit

Rating

(a)

Notional

Amount

(000)

(b)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

Altice

France

SA

......

5

.00

%

Quarterly

JPMorgan

Chase

Bank

NA

06/20/27

CCC+

EUR

4,090

$

174,335

$

94,056

$

80,279

Altice

France

SA

......

5

.00

Quarterly

Morgan

Stanley

&

Co.

International

plc

06/20/27

CCC+

EUR

1,438

61,294

44,060

17,234

Altice

France

SA

......

5

.00

Quarterly

Morgan

Stanley

&

Co.

International

plc

12/20/27

CCC+

EUR

1,138

60,968

47,503

13,465

Virgin

Media

Finance

plc

.

5

.00

Quarterly

Goldman

Sachs

International

12/20/28

B-

EUR

1,103

91,901

92,594

(

693

)

Virgin

Media

Finance

plc

.

5

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/28

B-

EUR

1,861

155,056

162,447

(

7,391

)

ZF

Europe

Finance

BV

..

5

.00

Quarterly

Deutsche

Bank

AG

12/20/28

BB-

EUR

1,760

203,945

122,422

81,523

Hannover

Rueck

SE

....

1

.00

Quarterly

BNP

Paribas

SA

12/20/29

A

EUR

1,958

36,132

9,384

26,748

iTraxx

Europe

Crossover

Index

Series

42.V3

..

5

.00

Quarterly

BNP

Paribas

SA

12/20/29

BB-

EUR

6,562

1,140,391

662,423

477,968

iTraxx

Europe

Crossover

Index

Series

42.V3

..

5

.00

Quarterly

BNP

Paribas

SA

12/20/29

BB-

EUR

3,480

313,607

249,504

64,103

iTraxx

Europe

Crossover

Index

Series

42.V3

..

5

.00

Quarterly

BNP

Paribas

SA

12/20/29

BB-

EUR

3,480

313,607

210,110

103,497

Muenchener

Rueckversicherungs-

Gesellschaft

AG

....

1

.00

Quarterly

BNP

Paribas

SA

12/20/29

A+

EUR

1,958

36,422

9,746

26,676

Swedbank

AB

........

1

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/29

NR

EUR

3,779

56,745

(

8,721

)

65,466

AXA

SA

............

1

.00

Quarterly

BNP

Paribas

SA

06/20/30

A+

EUR

4,187

135,688

76,002

59,686

Eutelsat

SA

..........

5

.00

Quarterly

BNP

Paribas

SA

12/20/30

NR

EUR

1,740

393,511

219,661

173,850

Eutelsat

SA

..........

5

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/30

NR

EUR

2,023

457,521

267,411

190,110

Forvia

SE

...........

5

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/30

BB-

EUR

992

148,341

93,464

54,877

Vistra

Operations

Co.

LLC

5

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/30

NR

USD

735

133,901

131,312

2,589

Vistra

Operations

Co.

LLC

5

.00

Quarterly

JPMorgan

Chase

Bank

NA

12/20/30

NR

USD

385

70,139

68,782

1,357

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

58

OTC

Credit

Default

Swaps

—

Sell

Protection

(continued)

Reference

Obligation/Index

Financing

Rate

Received

by

the

Fund

Payment

Frequency

Counterparty

Termination

Date

Credit

Rating

(a)

Notional

Amount

(000)

(b)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

Ziggo

Bond

Co.

BV

....

5

.00

%

Quarterly

Deutsche

Bank

AG

12/20/30

B-

EUR

2,138

$

62,154

$

62,066

$

88

$

4,045,658

$

2,614,226

$

1,431,432

(a)

Using

the

rating

of

the

issuer

or

the

underlying

securities

of

the

index,

as

applicable,

provided

by

S&P

Global

Ratings.

(b)

The

maximum

potential

amount

the

Fund

may

pay

should

a

negative

credit

event

take

place

as

defined

under

the

terms

of

the

agreement.

OTC

Interest

Rate

Swaps

Paid

by

the

Fund

Received

by

the

Fund

Rate

Frequency

Rate

Frequency

Counterparty

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

8.07%

At

Termination

1-day

IBR

At

Termination

Barclays

Bank

plc

09/17/26

COP

596,422

$

3,173

$

—

$

3,173

7.25%

Quarterly

1-day

IBR

Quarterly

Barclays

Bank

plc

09/25/26

COP

1,325,382

7,605

—

7,605

1-day

BZDIOVER

At

Termination

10.00%

At

Termination

Bank

of

America

NA

01/04/27

BRL

138,239

(

2,929,344

)

—

(

2,929,344

)

1-day

BZDIOVER

At

Termination

10.07%

At

Termination

BNP

Paribas

SA

01/04/27

BRL

122,264

(

2,602,486

)

—

(

2,602,486

)

1-day

BZDIOVER

At

Termination

10.16%

At

Termination

Bank

of

America

NA

01/04/27

BRL

173,308

(

3,583,519

)

—

(

3,583,519

)

1-day

BZDIOVER

At

Termination

10.16%

At

Termination

BNP

Paribas

SA

01/04/27

BRL

166,281

(

3,435,118

)

—

(

3,435,118

)

1-day

BZDIOVER

At

Termination

10.16%

At

Termination

BNP

Paribas

SA

01/04/27

BRL

928

(

19,189

)

—

(

19,189

)

1-day

IBR

Quarterly

9.31%

Quarterly

Goldman

Sachs

International

12/17/27

COP

10,120,846

(

79,474

)

—

(

79,474

)

1-day

IBR

Quarterly

9.37%

Quarterly

Goldman

Sachs

International

12/17/27

COP

10,046,725

(

75,950

)

—

(

75,950

)

1-day

IBR

Quarterly

9.54%

Quarterly

Morgan

Stanley

&

Co.

International

plc

12/17/27

COP

19,946,461

(

134,242

)

—

(

134,242

)

4.44%

Semi-Annual

1-day

CLICP

Semi-Annual

Goldman

Sachs

International

12/17/27

CLP

9,976,327

(

16,145

)

—

(

16,145

)

1-day

BZDIOVER

At

Termination

13.09%

At

Termination

JPMorgan

Chase

Bank

NA

01/02/29

BRL

556,755

153,457

—

153,457

1-day

BZDIOVER

At

Termination

13.33%

At

Termination

Barclays

Bank

plc

01/02/29

BRL

6,394

9,704

—

9,704

1-day

BZDIOVER

At

Termination

13.34%

At

Termination

Barclays

Bank

plc

01/02/29

BRL

29,038

53,031

—

53,031

1-day

BZDIOVER

At

Termination

14.03%

At

Termination

Barclays

Bank

plc

01/02/29

BRL

14,208

106,831

—

106,831

9.36%

Quarterly

1-day

IBR

Quarterly

Goldman

Sachs

International

12/17/29

COP

5,613,757

75,706

—

75,706

9.42%

Quarterly

1-day

IBR

Quarterly

Goldman

Sachs

International

12/17/29

COP

5,597,293

72,548

—

72,548

9.54%

Quarterly

1-day

IBR

Quarterly

Morgan

Stanley

&

Co.

International

plc

12/17/29

COP

10,976,753

130,758

—

130,758

$

(

12,262,654

)

$

—

$

(

12,262,654

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

59

OTC

Total

Return

Swaps

Paid

by

the

Fund

Received

by

the

Fund

Rate/Reference

Frequency

Rate/Reference

Frequency

Counterparty

Termination

Date

Notional

Amount

(000)

Value

Upfront

Premium

Paid

(Received)

Unrealized

Appreciation

(Depreciation)

1-day

SOFR

plus

0.10%

At

Termination

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

At

Termination

BNP

Paribas

SA

03/20/26

USD

550

$

236,670

$

—

$

236,670

1-day

SOFR

plus

0.10%

At

Termination

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

At

Termination

Goldman

Sachs

International

03/20/26

USD

267

114,885

—

114,885

1-day

SOFR

plus

0.10%

At

Termination

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

At

Termination

JPMorgan

Chase

Bank

NA

03/20/26

USD

385

165,752

—

165,752

1-day

SOFR

plus

0.10%

At

Termination

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

At

Termination

Morgan

Stanley

&

Co.

International

plc

03/20/26

USD

236

101,512

—

101,512

1-day

SOFR

plus

0.25%

At

Termination

iShares

Broad

USD

High

Yield

Corporate

Bond

ETF

At

Termination

BNP

Paribas

SA

03/20/26

USD

171

37,830

—

37,830

1-day

SOFR

plus

0.25%

At

Termination

iShares

Broad

USD

High

Yield

Corporate

Bond

ETF

At

Termination

JPMorgan

Chase

Bank

NA

03/20/26

USD

645

142,588

—

142,588

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

...........

At

Termination

1-day

SOFR

minus

0.45%

At

Termination

Citibank

NA

03/20/26

USD

350

(

167,162

)

—

(

167,162

)

iShares

iBoxx

$

Investment

Grade

Corporate

Bond

ETF

Quarterly

1-day

SOFR

minus

0.30%

At

Termination

Goldman

Sachs

International

03/20/26

USD

627

(

22,424

)

—

(

22,424

)

iShares

iBoxx

$

Investment

Grade

Corporate

Bond

ETF

At

Termination

1-day

SOFR

minus

0.30%

At

Termination

JPMorgan

Chase

Bank

NA

03/20/26

USD

434

(

15,517

)

—

(

15,517

)

0.00%

...........

Quarterly

DB

Variable

Notional

Long-

Short

Cross-

Currency

Carry

Index

v8

Quarterly

Deutsche

Bank

AG

12/11/26

USD

2,065

6,943

—

6,943

0.00%

...........

Quarterly

BNP

Paribas

AIR

Intraday

US

Ultimate

1

bd

ER

Index

Quarterly

BNP

Paribas

SA

12/18/26

USD

399

875

—

875

0.00%

...........

Quarterly

Citi

Equity

US

1W

Volatility

Carry

Index

Quarterly

Citibank

NA

12/18/26

USD

1,180

(

1,053

)

—

(

1,053

)

0.00%

...........

Quarterly

J.P.

Morgan

EM

FX

Volatility

Carry

Index

Quarterly

JPMorgan

Chase

Bank

NA

12/18/26

USD

1,274

(

11,502

)

—

(

11,502

)

1-day

SOFR

.......

Quarterly

Goldman

Sachs

Systematic

Skew

US

Series

I1D

Excess

Return

Index

Quarterly

Goldman

Sachs

International

12/18/26

USD

895

(

1,823

)

—

(

1,823

)

1-day

SOFR

.......

Quarterly

Goldman

Sachs

TY

Weekly

Volatility

Carry

Index

Quarterly

Goldman

Sachs

International

12/18/26

USD

683

5,488

—

5,488

$

593,062

$

—

$

593,062

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

60

Equity

Swap

Contracts

Reference

Entity

Counterparty

Notional

Amount

Termination

Date

Spread

Reference

Rate

Payment

Frequency

Value/Unrealized

Appreciation

(Depreciation)

Long

contracts

(a)

Adyen

NV

.................

JPMorgan

Chase

Bank

NA

USD

8,177,911

02/11/26

0.20%

1D

OBFR01

Monthly

$

(

947,558

)

Alibaba

Group

Holding

Ltd.

.....

JPMorgan

Chase

Bank

NA

1,536,366

02/10/26

0.30%

HONIA

Monthly

254,870

AMC

Networks,

Inc.

..........

JPMorgan

Chase

Bank

NA

1,549,635

02/09/26

0.20%

1D

OBFR01

Monthly

(

188,851

)

AMC

Networks,

Inc.

..........

Barclays

Bank

plc

652,136

08/23/26

0.20%

1D

OBFR01

Monthly

(

18,891

)

Amphenol

Corp.

............

JPMorgan

Chase

Bank

NA

851,127

02/09/26

0.00%

1D

OBFR01

Monthly

(

22,666

)

Baidu,

Inc.

................

JPMorgan

Chase

Bank

NA

1,563,950

02/10/26

0.30%

HONIA

Monthly

105,544

Bilibili,

Inc.

................

JPMorgan

Chase

Bank

NA

875,673

02/10/26

0.15%

HONIA

Monthly

206,937

Cirsa

Enterprises

SA

.........

JPMorgan

Chase

Bank

NA

1,546,215

02/10/26

0.26%

1D

ESTR

Monthly

(

13,757

)

CSG

NV

..................

JPMorgan

Chase

Bank

NA

11,893,827

02/10/26

0.26%

1D

ESTR

Monthly

2,705,435

Derayah

Financial

Co.

........

JPMorgan

Chase

Bank

NA

596,182

02/11/26

0.75%

1D

OBFR01

Monthly

43,909

Eagle

Bancorp,

Inc.

..........

JPMorgan

Chase

Bank

NA

708,502

02/09/26

0.20%

1D

OBFR01

Monthly

155,257

Eastroc

Beverage

Group

Co.

Ltd.

.

Citibank

NA

143,010

02/25/26

0.30%

HONIA

Monthly

(

155

)

Emirates

Integrated

Telecommunications

Co.

PJSC

JPMorgan

Chase

Bank

NA

2,531,987

02/11/26

0.75%

1D

OBFR01

Monthly

63,338

Flagstar

Bank

NA

............

JPMorgan

Chase

Bank

NA

535,967

02/09/26

0.20%

1D

OBFR01

Monthly

3,673

flynas

Co.

SJSC

............

JPMorgan

Chase

Bank

NA

531,264

02/11/26

0.75%

1D

OBFR01

Monthly

(

16,161

)

Iberdrola

SA

...............

JPMorgan

Chase

Bank

NA

4,070,148

02/11/26

0.26%

1D

OBFR01

Monthly

127,898

JD.com,

Inc.

...............

JPMorgan

Chase

Bank

NA

1,176,654

02/10/26

0.30%

HONIA

Monthly

(

3,003

)

Kuaishou

Technology

.........

JPMorgan

Chase

Bank

NA

896,163

02/10/26

1.00%

HONIA

Monthly

98,984

Lionsgate

Studios

Corp.

.......

JPMorgan

Chase

Bank

NA

88,083

02/09/26

0.20%

1D

OBFR01

Monthly

4,306

NetEase,

Inc.

..............

JPMorgan

Chase

Bank

NA

1,284,762

02/10/26

0.30%

HONIA

Monthly

(

99,757

)

Ningbo

Joyson

Electronic

Corp.

..

JPMorgan

Chase

Bank

NA

423,278

02/10/26

0.30%

HONIA

Monthly

(

41,278

)

ONEOK,

Inc.

...............

JPMorgan

Chase

Bank

NA

814,219

02/09/26

0.20%

1D

OBFR01

Monthly

77,223

Paramount

Skydance

Corp.

.....

JPMorgan

Chase

Bank

NA

546,948

02/09/26

0.20%

1D

OBFR01

Monthly

(

47,251

)

Rasan

Information

Technology

Co.

JPMorgan

Chase

Bank

NA

1,858,890

02/11/26

0.75%

1D

OBFR01

Monthly

361,643

RELX

plc

.................

JPMorgan

Chase

Bank

NA

356,959

02/10/26

0.25%

1D

SONIA

Monthly

(

63,097

)

SMG

Swiss

Marketplace

Group

AG

JPMorgan

Chase

Bank

NA

138,572

02/11/26

0.26%

1D

OBFR01

Monthly

(

6,568

)

Sunny

Optical

Technology

Group

Co.

Ltd.

...................

JPMorgan

Chase

Bank

NA

811,603

02/10/26

0.30%

HONIA

Monthly

(

15,856

)

Talabat

Holding

plc

...........

JPMorgan

Chase

Bank

NA

561,147

02/11/26

0.75%

1D

OBFR01

Monthly

(

2,469

)

Tencent

Holdings

Ltd.

.........

JPMorgan

Chase

Bank

NA

1,608,566

02/10/26

1.00%

HONIA

Monthly

(

40,585

)

Xiaomi

Corp.

...............

JPMorgan

Chase

Bank

NA

1,194,392

02/10/26

0.30%

HONIA

Monthly

(

83,572

)

XPeng,

Inc.

................

JPMorgan

Chase

Bank

NA

767,634

02/10/26

0.15%

HONIA

Monthly

(

84,413

)

Zscaler,

Inc.

...............

JPMorgan

Chase

Bank

NA

803,829

02/09/26

0.00%

1D

OBFR01

Monthly

(

19,790

)

Total

long

positions

of

equity

swaps

2,493,339

Short

contracts

(b)

Alexandria

Real

Estate

Equities,

Inc.

Citibank

NA

(

15,475,487

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

910,758

Alstom

SA

................

Citibank

NA

(

4,012,830

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

112,384

)

Amcor

plc

.................

Citibank

NA

(

2,050,137

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

70,942

)

Ares

Management

Corp.

.......

Citibank

NA

(

3,179,037

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

233,232

Arthur

J

Gallagher

&

Co.

.......

Citibank

NA

(

2,647,018

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

10,678

Barratt

Redrow

plc

...........

Citibank

NA

(

6,063,772

)

02/26/26

(0.25)%

1D

OBFR01

Monthly

(

200,657

)

Barry

Callebaut

AG

(Registered)

..

JPMorgan

Chase

Bank

NA

(

6,966,957

)

02/11/26

(0.58)%

1D

OBFR01

Monthly

(

701,224

)

Baxter

International,

Inc.

.......

Citibank

NA

(

17,220,183

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

6,600

)

Beijer

Ref

AB

..............

Citibank

NA

(

335,893

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

24,149

BeOne

Medicines

Ltd.

........

Citibank

NA

(

3,543,698

)

02/25/26

(0.05)%

1D

OBFR01

Monthly

(

103,680

)

Block,

Inc.

................

Citibank

NA

(

3,493,510

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

248,117

Brandywine

Realty

Trust

.......

JPMorgan

Chase

Bank

NA

(

15,035

)

02/09/26

(0.15)%

1D

OBFR01

Monthly

463

Builders

FirstSource,

Inc.

......

Citibank

NA

(

8,974,163

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

777,403

Bunge

Global

SA

............

Citibank

NA

(

5,801,990

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

62,830

)

BXP,

Inc.

.................

Citibank

NA

(

9,251,743

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

96,734

Cellnex

Telecom

SA

..........

Citibank

NA

(

2,287,646

)

02/26/26

(0.11)%

1D

OBFR01

Monthly

(

67,965

)

Cencora,

Inc.

..............

Citibank

NA

(

4,094,131

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

77,850

)

CF

Industries

Holdings,

Inc.

.....

Citibank

NA

(

12,531,729

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

561,772

)

CH

Robinson

Worldwide,

Inc.

...

Citibank

NA

(

6,673,385

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

639,579

)

Chailease

Holding

Co.

Ltd.

.....

JPMorgan

Chase

Bank

NA

(

177,933

)

02/10/26

(0.90)%

1D

OBFR01

Monthly

851

Chailease

Holding

Co.

Ltd.

.....

Citibank

NA

(

982,115

)

02/25/26

(1.00)%

1D

OBFR01

Monthly

8,351

Charles

River

Laboratories

International,

Inc.

..........

Citibank

NA

(

4,893,263

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

295,959

China

Merchants

Bank

Co.

Ltd.

..

Citibank

NA

(

3,503,257

)

02/25/26

(0.30)%

1D

OBFR01

Monthly

(

101,405

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

61

Equity

Swap

Contracts

(continued)

Reference

Entity

Counterparty

Notional

Amount

Termination

Date

Spread

Reference

Rate

Payment

Frequency

Value/Unrealized

Appreciation

(Depreciation)

China

Railway

Group

Ltd.

......

Citibank

NA

USD

(

1,971,038

)

02/25/26

(0.22)%

1D

OBFR01

Monthly

$

(

202,801

)

China

Resources

Power

Holdings

Co.

Ltd.

................

JPMorgan

Chase

Bank

NA

(

38,962

)

02/10/26

(0.30)%

1D

OBFR01

Monthly

699

China

Resources

Power

Holdings

Co.

Ltd.

................

Citibank

NA

(

5,340,329

)

02/25/26

(0.30)%

1D

OBFR01

Monthly

122,919

Cigna

Group

(The)

...........

Citibank

NA

(

5,044,496

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

112,983

CMOC

Group

Ltd.

...........

JPMorgan

Chase

Bank

NA

(

1,112,974

)

02/10/26

(0.30)%

HONIA

Monthly

(

10

)

Community

Financial

System,

Inc.

JPMorgan

Chase

Bank

NA

(

858,606

)

02/09/26

(0.15)%

1D

OBFR01

Monthly

(

13,394

)

Constellation

Brands,

Inc.

......

Citibank

NA

(

1,684,506

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

42,134

Continental

AG

.............

Citibank

NA

(

5,350,059

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

70,532

)

CoreWeave,

Inc.

............

JPMorgan

Chase

Bank

NA

(

789,508

)

02/09/26

(0.15)%

1D

OBFR01

Monthly

(

121,890

)

Cosan

SA

.................

JPMorgan

Chase

Bank

NA

(

1,582,026

)

02/10/26

(0.40)%

1D

OBFR01

Monthly

(

301,203

)

Cosan

SA

.................

Citibank

NA

(

3,614,241

)

02/24/28

(0.30)%

1D

OBFR01

Monthly

(

199,408

)

Croda

International

plc

........

Citibank

NA

(

1,214,480

)

02/26/26

(0.25)%

1D

OBFR01

Monthly

14,048

CRRC

Corp.

Ltd.

............

Citibank

NA

(

731,456

)

02/25/26

(0.30)%

1D

OBFR01

Monthly

3,447

CVB

Financial

Corp.

..........

JPMorgan

Chase

Bank

NA

(

683,955

)

02/09/26

(0.15)%

1D

OBFR01

Monthly

(

5,245

)

Danaher

Corp.

.............

Citibank

NA

(

2,836,145

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

223,036

Davide

Campari-Milano

NV

.....

Citibank

NA

(

1,841,824

)

02/26/26

(0.18)%

1D

OBFR01

Monthly

10,781

Dayforce,

Inc.

..............

Citibank

NA

(

3,120,786

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

451

)

Delivery

Hero

SE

............

Citibank

NA

(

4,571,129

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

296,912

Dexcom,

Inc.

...............

Barclays

Bank

plc

(

8,984,237

)

08/23/26

(0.15)%

1D

OBFR01

Monthly

106,955

DMG

Mori

Co.

Ltd.

...........

Citibank

NA

(

2,838,955

)

02/26/26

(0.17)%

1D

OBFR01

Monthly

21,393

Entain

plc

.................

Citibank

NA

(

3,746,025

)

02/26/26

(0.25)%

1D

OBFR01

Monthly

342,017

Equifax,

Inc.

...............

Citibank

NA

(

2,946,383

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

174,515

Expand

Energy

Corp.

.........

Citibank

NA

(

11,311,302

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

301,662

)

Food

&

Life

Cos.

Ltd.

.........

Citibank

NA

(

7,004,351

)

02/26/26

(0.15)%

1D

OBFR01

Monthly

(

4,679

)

Formosa

Chemicals

&

Fibre

Corp.

JPMorgan

Chase

Bank

NA

(

41,420

)

02/10/26

(0.47)%

1D

OBFR01

Monthly

(

12,127

)

Formosa

Chemicals

&

Fibre

Corp.

Citibank

NA

(

1,067,036

)

02/25/26

(0.64)%

1D

OBFR01

Monthly

(

222,107

)

Formosa

Plastics

Corp.

........

Citibank

NA

(

2,654,303

)

02/25/26

(2.30)%

1D

OBFR01

Monthly

(

226,388

)

Genuine

Parts

Co.

...........

Citibank

NA

(

2,746,242

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

43,148

)

Green

Plains,

Inc.

...........

JPMorgan

Chase

Bank

NA

(

2,466,317

)

02/09/26

(0.15)%

1D

OBFR01

Monthly

(

19,689

)

Grifols

SA

.................

Citibank

NA

(

3,309,739

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

4,214

)

H

&

M

Hennes

&

Mauritz

AB

....

JPMorgan

Chase

Bank

NA

(

1,817,494

)

02/11/26

(0.66)%

1D

OBFR01

Monthly

(

61,024

)

Hansoh

Pharmaceutical

Group

Co.

Ltd.

...................

JPMorgan

Chase

Bank

NA

(

704,247

)

02/10/26

(0.30)%

HONIA

Monthly

7,319

Harmonic

Drive

Systems,

Inc.

...

Citibank

NA

(

2,492,601

)

02/26/26

(0.11)%

1D

OBFR01

Monthly

179,855

Hasbro,

Inc.

...............

Citibank

NA

(

9,146,220

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

57,711

)

Hensoldt

AG

...............

Citibank

NA

(

2,022,364

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

25,783

)

Horizon

Robotics

............

JPMorgan

Chase

Bank

NA

(

202,355

)

02/10/26

(1.51)%

1D

OBFR01

Monthly

31,608

Horizon

Robotics

............

Citibank

NA

(

6,252,328

)

02/25/26

(1.40)%

1D

OBFR01

Monthly

334,769

HUTCHMED

China

Ltd.

.......

JPMorgan

Chase

Bank

NA

(

346,229

)

02/10/26

(0.30)%

1D

OBFR01

Monthly

(

743

)

HUTCHMED

China

Ltd.

.......

Citibank

NA

(

883,749

)

02/25/26

(0.90)%

1D

OBFR01

Monthly

41,744

IDEXX

Laboratories,

Inc.

.......

Citibank

NA

(

2,482,252

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

73,960

Iluka

Resources

Ltd.

..........

JPMorgan

Chase

Bank

NA

(

3,182,601

)

02/10/26

(0.25)%

1D

OBFR01

Monthly

465,112

IMCD

NV

.................

Citibank

NA

(

2,924,618

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

84,730

)

Imperial

Oil

Ltd.

.............

Citibank

NA

(

2,645,558

)

02/24/28

(0.20)%

1D

OBFR01

Monthly

73,085

Infrastrutture

Wireless

Italiane

SpA

Citibank

NA

(

2,095,794

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

47,582

)

Innolux

Corp.

..............

Citibank

NA

(

1,607,428

)

02/25/26

(1.25)%

1D

OBFR01

Monthly

236,008

InPost

SA

.................

Citibank

NA

(

2,351,134

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

19,355

Intercontinental

Exchange,

Inc.

..

Citibank

NA

(

6,178,260

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

1,357

)

International

Paper

Co.

........

JPMorgan

Chase

Bank

NA

(

3,812,018

)

02/11/26

(0.50)%

1D

OBFR01

Monthly

98,595

International

Paper

Co.

........

Citibank

NA

(

21,194,972

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

769,989

iShares

iBoxx

$

High

Yield

Corporate

Bond

ETF

...............

Citibank

NA

(

15,396,924

)

02/24/28

(0.35)%

1D

OBFR01

Monthly

11,380

iShares

iBoxx

$

Investment

Grade

Corporate

Bond

ETF

.......

JPMorgan

Chase

Bank

NA

(

22,402,422

)

02/09/26

(2.38)%

1D

OBFR01

Monthly

(

67,061

)

Jack

Henry

&

Associates,

Inc.

...

Citibank

NA

(

2,654,632

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

133,506

JD

Sports

Fashion

plc

.........

JPMorgan

Chase

Bank

NA

(

388,446

)

02/11/26

(0.25)%

1D

OBFR01

Monthly

3,884

JD

Sports

Fashion

plc

.........

Citibank

NA

(

3,830,189

)

02/26/26

(0.25)%

1D

OBFR01

Monthly

71,945

JDE

Peet's

NV

.............

Citibank

NA

(

798,257

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

11,232

)

Kadokawa

Corp.

............

Citibank

NA

(

2,094,980

)

02/26/26

(0.12)%

1D

OBFR01

Monthly

(

84,190

)

Kawasaki

Heavy

Industries

Ltd.

..

Citibank

NA

(

4,237,514

)

02/26/26

(0.13)%

1D

OBFR01

Monthly

113,788

Kering

SA

.................

Citibank

NA

(

10,983,344

)

02/26/26

0.00%

1D

OBFR01

Monthly

548,794

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

62

Equity

Swap

Contracts

(continued)

Reference

Entity

Counterparty

Notional

Amount

Termination

Date

Spread

Reference

Rate

Payment

Frequency

Value/Unrealized

Appreciation

(Depreciation)

KKR

&

Co.,

Inc.

.............

Citibank

NA

USD

(

21,392,163

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

$

1,494,127

Kobayashi

Pharmaceutical

Co.

Ltd.

Citibank

NA

(

925,959

)

02/26/26

(0.10)%

1D

OBFR01

Monthly

(

11,324

)

KraneShares

CSI

China

Internet

ETF

...................

JPMorgan

Chase

Bank

NA

(

5,865,308

)

02/09/26

(0.51)%

1D

OBFR01

Monthly

122,073

Leidos

Holdings,

Inc.

.........

Citibank

NA

(

5,546,796

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

112,847

Lennar

Corp.

...............

Citibank

NA

(

6,687,822

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

312,498

LG

Energy

Solution

Ltd.

.......

Citibank

NA

(

2,409,000

)

02/25/26

(5.00)%

1D

OBFR01

Monthly

74,940

Li

Auto,

Inc.

...............

Citibank

NA

(

7,195,243

)

02/25/26

(0.28)%

1D

OBFR01

Monthly

50,037

Localiza

Rent

a

Car

SA

........

JPMorgan

Chase

Bank

NA

(

129

)

02/10/26

(0.50)%

1D

OBFR01

Monthly

(

18

)

Lynas

Rare

Earths

Ltd.

........

JPMorgan

Chase

Bank

NA

(

6,233,974

)

02/10/26

(0.25)%

1D

OBFR01

Monthly

(

238,799

)

M3,

Inc.

..................

Citibank

NA

(

6,792,572

)

02/26/26

(0.10)%

1D

OBFR01

Monthly

39,415

Marriott

International,

Inc.

......

Citibank

NA

(

5,335,480

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

75,015

MatsukiyoCocokara

&

Co.

......

Citibank

NA

(

2,684,661

)

02/26/26

(0.25)%

1D

OBFR01

Monthly

(

40,563

)

MEIJI

Holdings

Co.

Ltd.

.......

Citibank

NA

(

1,321,627

)

02/26/26

(0.15)%

1D

OBFR01

Monthly

(

33,838

)

Mercari,

Inc.

...............

JPMorgan

Chase

Bank

NA

(

1,248

)

02/10/26

(0.25)%

1D

OBFR01

Monthly

(

106

)

Mercari,

Inc.

...............

Citibank

NA

(

4,115,899

)

02/26/26

(0.10)%

1D

OBFR01

Monthly

(

701,733

)

Mineral

Resources

Ltd.

........

JPMorgan

Chase

Bank

NA

(

4,263,592

)

02/10/26

(0.25)%

1D

OBFR01

Monthly

(

149,409

)

Mitsui

OSK

Lines

Ltd.

.........

Citibank

NA

(

6,079,296

)

02/26/26

(0.12)%

1D

OBFR01

Monthly

(

239,847

)

MMG

Ltd.

.................

Citibank

NA

(

5,551,197

)

02/25/26

(0.30)%

1D

OBFR01

Monthly

(

404,425

)

Molina

Healthcare,

Inc.

........

Citibank

NA

(

9,493,095

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

915,158

Mosaic

Co.

(The)

............

Citibank

NA

(

9,996,068

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

234,283

MTU

Aero

Engines

AG

........

JPMorgan

Chase

Bank

NA

(

230,292

)

02/10/26

(0.26)%

1D

ESTR

Monthly

5,781

Natura

Cosmeticos

SA

........

JPMorgan

Chase

Bank

NA

(

27,273

)

02/10/26

(0.85)%

1D

OBFR01

Monthly

(

6,135

)

Natura

Cosmeticos

SA

........

Citibank

NA

(

429,546

)

02/24/28

(0.40)%

1D

OBFR01

Monthly

(

43,007

)

NEC

Corp.

................

Citibank

NA

(

3,531,768

)

02/26/26

(0.14)%

1D

OBFR01

Monthly

196,042

Neste

OYJ

................

Citibank

NA

(

2,643,061

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

119,041

)

Nibe

Industrier

AB

...........

Citibank

NA

(

4,551,609

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

190,455

NIKE,

Inc.

.................

Citibank

NA

(

8,514,750

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

447,803

Nippon

Yusen

KK

............

Citibank

NA

(

3,632,701

)

02/26/26

(0.10)%

1D

OBFR01

Monthly

(

94,177

)

Nissan

Motor

Co.

Ltd.

.........

JPMorgan

Chase

Bank

NA

(

2,296,330

)

02/10/26

(0.17)%

1D

OBFR01

Monthly

93,928

Norfolk

Southern

Corp.

........

Citibank

NA

(

13,594,565

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

101,578

)

Northern

Star

Resources

Ltd.

....

JPMorgan

Chase

Bank

NA

(

10,544,445

)

02/10/26

(0.25)%

1D

OBFR01

Monthly

(

1,168,290

)

Novonesis

Novozymes

B

......

Citibank

NA

(

1,562,792

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

80,094

Ono

Pharmaceutical

Co.

Ltd.

....

Citibank

NA

(

1,774,876

)

02/26/26

(0.10)%

1D

OBFR01

Monthly

(

79,969

)

Open

Text

Corp.

............

Citibank

NA

(

5,388,540

)

02/24/28

(0.20)%

1D

OBFR01

Monthly

608,918

ORLEN

SA

................

Citibank

NA

(

2,135,873

)

02/26/26

(0.50)%

1D

OBFR01

Monthly

(

76,465

)

Pagaya

Technologies

Ltd.

......

JPMorgan

Chase

Bank

NA

(

1,663,166

)

02/09/26

(0.15)%

1D

OBFR01

Monthly

209,595

Pagaya

Technologies

Ltd.

......

Barclays

Bank

plc

(

1,647,825

)

08/23/26

(0.15)%

1D

OBFR01

Monthly

145,837

Pan

American

Silver

Corp.

......

Citibank

NA

(

1,935,293

)

02/24/28

(0.20)%

1D

OBFR01

Monthly

287,819

Phillips

66

.................

Citibank

NA

(

2,995,160

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

31,085

)

Pool

Corp.

................

Citibank

NA

(

7,886,399

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

376,261

POSCO

Future

M

Co.

Ltd.

......

JPMorgan

Chase

Bank

NA

(

1,789,922

)

02/10/26

(8.75)%

1D

OBFR01

Monthly

(

460,695

)

POSCO

Future

M

Co.

Ltd.

......

Citibank

NA

(

1,661,679

)

02/25/26

(7.00)%

1D

OBFR01

Monthly

(

79,741

)

Postal

Savings

Bank

of

China

Co.

Ltd.

...................

Citibank

NA

(

4,916,724

)

02/25/26

(0.30)%

1D

OBFR01

Monthly

(

52,841

)

Power

Corp.

of

Canada

.......

JPMorgan

Chase

Bank

NA

(

1,110,376

)

02/09/26

(0.25)%

1D

OBFR01

Monthly

38,707

PRIO

SA

.................

Citibank

NA

(

4,193,158

)

02/24/28

(0.31)%

1D

OBFR01

Monthly

(

446,300

)

Quanta

Services,

Inc.

.........

Citibank

NA

(

10,597,709

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

132,251

)

Rakuten

Bank

Ltd.

...........

Citibank

NA

(

1,521,528

)

02/26/26

(0.11)%

1D

OBFR01

Monthly

(

139,153

)

RENK

Group

AG

............

Citibank

NA

(

1,429,552

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

67,874

Restaurant

Brands

International,

Inc.

Citibank

NA

(

10,084,277

)

02/24/28

(0.20)%

1D

OBFR01

Monthly

225,353

Revvity,

Inc.

...............

Citibank

NA

(

2,309,078

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

175,510

Roche

Holding

AG

...........

Citibank

NA

(

4,644,748

)

02/26/26

(0.22)%

1D

OBFR01

Monthly

(

156,396

)

Sapporo

Holdings

Ltd.

........

JPMorgan

Chase

Bank

NA

(

1,086,157

)

02/10/26

(0.25)%

1D

OBFR01

Monthly

(

112,759

)

Sartorius

Stedim

Biotech

.......

JPMorgan

Chase

Bank

NA

(

2,673,926

)

02/11/26

(0.26)%

1D

OBFR01

Monthly

353,210

Sasol

Ltd.

.................

JPMorgan

Chase

Bank

NA

(

3,789,175

)

02/11/26

(0.40)%

1D

OBFR01

Monthly

(

528,202

)

SATS

Ltd.

.................

JPMorgan

Chase

Bank

NA

(

902,126

)

02/10/26

(0.30)%

1D

OBFR01

Monthly

(

5,917

)

SBA

Communications

Corp.

....

Citibank

NA

(

9,820,185

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

62,539

SBI

Holdings,

Inc.

...........

Citibank

NA

(

4,933,508

)

02/26/26

(0.11)%

1D

OBFR01

Monthly

(

68,712

)

Seagate

Technology

Holdings

plc

.

Citibank

NA

(

4,423,455

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

780,708

)

Seatrium

Ltd.

..............

JPMorgan

Chase

Bank

NA

(

1,644,645

)

02/10/26

(0.75)%

1D

OBFR01

Monthly

52,918

Seatrium

Ltd.

..............

Citibank

NA

(

2,065,840

)

02/25/26

(1.08)%

1D

OBFR01

Monthly

(

8,977

)

Sembcorp

Industries

Ltd.

......

JPMorgan

Chase

Bank

NA

(

1,101,359

)

02/10/26

(0.30)%

1D

OBFR01

Monthly

(

9,814

)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

63

Equity

Swap

Contracts

(continued)

Reference

Entity

Counterparty

Notional

Amount

Termination

Date

Spread

Reference

Rate

Payment

Frequency

Value/Unrealized

Appreciation

(Depreciation)

Sembcorp

Industries

Ltd.

......

Citibank

NA

USD

(

1,437,283

)

02/25/26

(0.30)%

1D

OBFR01

Monthly

$

(

27,381

)

SGH

Ltd.

.................

JPMorgan

Chase

Bank

NA

(

2,746,504

)

02/10/26

(0.25)%

1D

OBFR01

Monthly

22,451

Shandong

Gold

Mining

Co.

Ltd.

..

JPMorgan

Chase

Bank

NA

(

158,442

)

02/10/26

(1.00)%

1D

OBFR01

Monthly

22,749

Sharp

Corp.

...............

JPMorgan

Chase

Bank

NA

(

1,453,545

)

02/10/26

(0.64)%

1D

OBFR01

Monthly

137,839

Sharp

Corp.

...............

Citibank

NA

(

269,741

)

02/26/26

(1.34)%

1D

OBFR01

Monthly

7,330

Shiseido

Co.

Ltd.

............

Citibank

NA

(

5,174,518

)

02/26/26

(0.10)%

1D

OBFR01

Monthly

11,315

SIG

Group

AG

..............

Citibank

NA

(

4,713,498

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

(

158,110

)

Sigma

Foods

SAB

de

CV

......

JPMorgan

Chase

Bank

NA

(

890,287

)

02/10/26

(0.50)%

1D

OBFR01

Monthly

(

72,931

)

Sigma

Foods

SAB

de

CV

......

Citibank

NA

(

566,711

)

02/24/28

(0.85)%

1D

OBFR01

Monthly

(

2,628

)

Sigma

Healthcare

Ltd.

........

JPMorgan

Chase

Bank

NA

(

5,664,158

)

02/10/26

(0.25)%

1D

OBFR01

Monthly

(

588,749

)

Smurfit

WestRock

plc

.........

Citibank

NA

(

10,722,461

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

38,496

SoftBank

Group

Corp.

........

Citibank

NA

(

5,869,730

)

02/26/26

(0.10)%

1D

OBFR01

Monthly

(

23,204

)

Solventum

Corp.

............

Citibank

NA

(

1,306,633

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

53,561

Super

Micro

Computer,

Inc.

.....

Citibank

NA

(

6,388,962

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

609,404

Synopsys,

Inc.

..............

Citibank

NA

(

10,225,656

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

871,728

Teledyne

Technologies,

Inc.

.....

Citibank

NA

(

7,490,521

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

15,906

Teleperformance

SE

..........

Citibank

NA

(

2,063,893

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

233,646

TELUS

Corp.

..............

Citibank

NA

(

7,345,515

)

02/24/28

(0.25)%

1D

OBFR01

Monthly

(

175,549

)

Temenos

AG

(Registered)

......

Citibank

NA

(

4,422,202

)

02/26/26

(0.26)%

1D

OBFR01

Monthly

231,423

TKO

Group

Holdings,

Inc.

......

Citibank

NA

(

1,693,662

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

36,169

)

TOPPAN

Holdings,

Inc.

........

Citibank

NA

(

3,982,750

)

02/26/26

(0.12)%

1D

OBFR01

Monthly

(

36,008

)

Tourmaline

Oil

Corp.

..........

Citibank

NA

(

7,093,713

)

02/24/28

(0.20)%

1D

OBFR01

Monthly

(

416,045

)

Toyota

Industries

Corp.

........

Citibank

NA

(

7,527,370

)

02/26/26

(0.14)%

1D

OBFR01

Monthly

(

290,747

)

Trade

Desk,

Inc.

(The)

........

Citibank

NA

(

1,969,962

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

94,901

UNITE

Group

plc

(The)

........

Citibank

NA

(

2,678,863

)

02/26/26

(0.25)%

1D

OBFR01

Monthly

(

18,801

)

United

Rentals,

Inc.

..........

Citibank

NA

(

1,732,290

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

315,197

Vanguard

Intermediate-Term

Corporate

Bond

ETF

.......

JPMorgan

Chase

Bank

NA

(

16,024,936

)

02/09/26

(0.47)%

1D

OBFR01

Monthly

(

32,516

)

W

R

Berkley

Corp.

...........

Citibank

NA

(

4,398,658

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

69,055

)

Western

Digital

Corp.

.........

Citibank

NA

(

8,185,005

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

(

233,483

)

Willis

Towers

Watson

plc

.......

Citibank

NA

(

5,240,782

)

02/24/28

(0.15)%

1D

OBFR01

Monthly

81,260

Wise

plc

..................

Citibank

NA

(

1,892,304

)

02/26/26

(0.25)%

1D

OBFR01

Monthly

34,153

Xinyi

Glass

Holdings

Ltd.

......

JPMorgan

Chase

Bank

NA

(

305,214

)

02/10/26

(0.76)%

1D

OBFR01

Monthly

(

50,501

)

Xinyi

Glass

Holdings

Ltd.

......

Citibank

NA

(

1,765,274

)

02/25/26

(2.00)%

1D

OBFR01

Monthly

(

278,679

)

XPeng,

Inc.

................

Citibank

NA

(

11,560,076

)

02/25/26

(0.28)%

1D

OBFR01

Monthly

975,996

Yakult

Honsha

Co.

Ltd.

........

Citibank

NA

(

3,871,350

)

02/26/26

(0.10)%

1D

OBFR01

Monthly

43,120

Zensho

Holdings

Co.

Ltd.

......

Citibank

NA

(

1,876,697

)

02/26/26

(0.11)%

1D

OBFR01

Monthly

(

3,936

)

Zijin

Mining

Group

Co.

Ltd.

.....

Citibank

NA

(

5,312,508

)

02/25/26

(0.30)%

1D

OBFR01

Monthly

(

89,220

)

Total

short

positions

of

equity

swaps

4,119,506

Total

long

and

short

position

of

equity

swaps

6,612,845

Net

dividends

and

financing

fees

(

258,312

)

Total

equity

swap

contracts

including

dividends

and

financing

fees

$

6,354,533

(a)

The

Fund

receives

the

total

return

on

a

reference

entity

and

pays

a

variable

rate

of

interest,

based

on

a

specified

benchmark.

The

benchmark

and

spread

are

determined

based

upon

the

country

and/or

currency

of

the

individual

underlying

position.

(b)

The

Fund

pays

the

total

return

on

a

reference

entity

and

receives

a

variable

rate

of

interest,

based

on

a

specified

benchmark.

The

benchmark

and

spread

are

determined

based

upon

the

country

and/or

currency

of

the

individual

underlying

position.

The

following

reference

rates,

and

their

values

as

of

period

end,

are

used

for

security

descriptions:

Reference

Index

Reference

Rate

1-day

BZDIOVER

.....................................

Overnight

Brazil

CETIP

—

Interbank

Rate

0

.06

%

1-day

CLICP

.........................................

Chile

Indice

de

Camara

Promedio

Interbank

Overnight

Index

0

.01

1-day

ESTR

.........................................

Euro

Short-Term

Rate

1

.93

1-day

IBR

...........................................

Colombian

Reference

Banking

Indicator

8

.75

1-day

MIBOR

........................................

Mumbai

Interbank

Offered

Rate

5

.53

1-day

SOFR

.........................................

Secured

Overnight

Financing

Rate

3

.68

1-day

SONIA

.........................................

Sterling

Overnight

Index

Average

3

.72

1-day

THOR

.........................................

Thailand

Overnight

Repo

Rate

ON

1

.23

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

64

Fair

Value

Hierarchy

as

of

Period

End

Various

inputs

are

used

in

determining

the

fair

value

of

financial

instruments

at

the

measurement

date.

These

inputs

to

valuation

techniques

are

categorized

into

a

fair

value

hierarchy

consisting

of

three

broad

levels

for

financial

reporting

purposes

as

follows:

Level

1

—

Unadjusted

price

quotations

in

active

markets/exchanges

that

the

Fund

has

the

ability

to

access

for

identical

assets

or

liabilities;

Level

2

—

Inputs

other

than

quoted

prices

included

within

Level

1

that

are

observable

for

the

asset

or

liability,

either

directly

or

indirectly;

and

Level

3

—

Inputs

that

are

unobservable

and

significant

to the

entire

fair

value

measurement

for

the asset

or

liability (including

the

Valuation

Committee's

assumptions

used

in

determining

the

fair

value

of

financial

instruments).

The

hierarchy

gives

the

highest

priority

to

unadjusted

quoted

prices

in

active

markets

for

identical

assets

or

liabilities

(Level

1

measurements)

and

the

lowest

priority

to

unobservable

inputs

(Level

3

measurements).

Accordingly,

the

degree

of

judgment

exercised

in

determining

fair

value

is

greatest

for

instruments

categorized

in

Level

3.

The

inputs

used

to

measure

fair

value

may

fall

into

different

levels

of

the

fair

value

hierarchy.

In

such

cases,

for

disclosure

purposes,

the

fair

value

hierarchy

classification

is

determined

based

on

the

lowest

level

input

that

is

significant

to

the

fair

value

measurement

in

its

entirety.

Investments

classified

within

Level

3

have

significant

unobservable

inputs

used

by

the

Valuation

Committee

in

determining

the

price

for

Fair

Valued

Investments.

Level

3

investments

include

equity

or

debt

issued

by

privately

held

companies

or

funds

that

may

not

have

a

secondary

market

and/

or may

have

a

limited

number

of

investors.

The

categorization

of

a

value

determined

for

financial

instruments

is

based

on

the

pricing

transparency

of

the

financial

instruments

and

is

not

necessarily

an

indication

of

the

risks

associated

with

investing

in

those

securities.

For

information

about

the

Fund’s

policy

regarding

valuation

of

financial

instruments,

refer

to

its

most

recent

financial

statements.

Certain

investments

of

the

Fund

were

fair

valued

using

net

asset

value

("NAV")

as

a

practical

expedient

as

no

quoted

market

value

is

available

and

therefore

have

been

excluded

from

the

fair

value

hierarchy.

The

following

table

summarizes

the

Fund’s

financial

instruments

categorized

in

the

fair

value

hierarchy.

The

breakdown

of

the

Fund's

financial

instruments

into

major

categories

is

disclosed

in

the

Consolidated

Schedule

of

Investments

above.

Reference

Index

Reference

Rate

1-day

TIIEOIS

........................................

Mexico

Interbank

TIIE

1-day

7

.20

%

1-day

TONAR

........................................

Tokyo

Overnight

Average

Rate

0

.73

1-week

CNREPOFIX_CFXS

..............................

China

Fixing

Repo

Rates

1

.64

3-mo.

CD_KSDA

......................................

Certificates

of

Deposit

by

the

Korean

Securities

Dealers

Association

2

.73

3-mo.

JIBAR

.........................................

Johannesburg

Interbank

Average

Rate

6

.71

3-mo.

WIBOR

........................................

Warsaw

Interbank

Offered

Rate

3

.80

6-mo.

BUBOR

........................................

Budapest

Interbank

Offered

Rate

6

.32

6-mo.

EURIBOR

......................................

Euro

Interbank

Offered

Rate

2

.16

6-mo.

PRIBOR

.......................................

Prague

Interbank

Offered

Rate

3

.44

6-mo.

WIBOR

........................................

Warsaw

Interbank

Offered

Rate

3

.69

Level

1

Level

2

Level

3

Total

Assets

Investments

Long-Term

Investments

Asset-Backed

Securities

Cayman

Islands

........................................

$

—

$

51,212,061

$

—

$

51,212,061

Ireland

..............................................

—

106,094,130

—

106,094,130

United

Kingdom

........................................

—

3,992,293

—

3,992,293

United

States

..........................................

—

346,275,592

65,019,774

411,295,366

Common

Stocks

Australia

.............................................

—

79,965,939

305

79,966,244

Austria

..............................................

—

514,842

—

514,842

Belgium

.............................................

—

11,941,262

—

11,941,262

Brazil

...............................................

41,858,045

—

—

41,858,045

Canada

.............................................

210,800,898

—

—

210,800,898

Chile

...............................................

—

—

116,081

116,081

China

...............................................

14,771,702

192,335,386

—

207,107,088

Colombia

............................................

1,469,128

—

—

1,469,128

Czech

Republic

........................................

—

1,768,752

—

1,768,752

Denmark

.............................................

1,284,474

56,587,896

—

57,872,370

Egypt

...............................................

—

4,089,954

—

4,089,954

Finland

..............................................

—

6,237,545

—

6,237,545

France

..............................................

—

407,222,998

—

407,222,998

Georgia

.............................................

—

2,404,995

—

2,404,995

Germany

............................................

—

139,267,154

1

139,267,155

Greece

..............................................

2,336,756

2,555,359

—

4,892,115

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

65

Level

1

Level

2

Level

3

Total

Hong

Kong

...........................................

$

—

$

14,177,278

$

—

$

14,177,278

Hungary

.............................................

—

3,755,206

—

3,755,206

India

...............................................

3,839

39,887,457

—

39,891,296

Indonesia

............................................

—

5,569,937

—

5,569,937

Ireland

..............................................

12,068,385

—

—

12,068,385

Israel

...............................................

10,761,646

—

20,794

10,782,440

Italy

................................................

—

243,430,548

—

243,430,548

Japan

...............................................

—

288,560,842

—

288,560,842

Kazakhstan

...........................................

3,875,426

—

—

3,875,426

Luxembourg

..........................................

—

142,475

—

142,475

Macau

..............................................

—

3,725,728

—

3,725,728

Mexico

..............................................

24,149,386

13,758,554

—

37,907,940

Netherlands

...........................................

4,684,943

263,481,918

1,467,355

269,634,216

Norway

..............................................

1,086,959

4,002,727

—

5,089,686

Philippines

...........................................

1,461,470

1,802,587

—

3,264,057

Poland

..............................................

—

14,091,230

—

14,091,230

Republic

of

Turkiye

......................................

2,828,814

8,460,159

—

11,288,973

Romania

.............................................

—

1,170,787

—

1,170,787

Saudi

Arabia

..........................................

1,070,224

10,462,075

—

11,532,299

Singapore

............................................

130,469

5,817,256

—

5,947,725

South

Africa

...........................................

5,417,506

22,841,001

—

28,258,507

South

Korea

..........................................

4,695,265

143,279,610

—

147,974,875

Spain

...............................................

1,914,327

51,460,095

—

53,374,422

Sweden

.............................................

—

27,268,190

—

27,268,190

Switzerland

...........................................

—

49,838,988

—

49,838,988

Taiwan

..............................................

—

261,588,678

—

261,588,678

Thailand

.............................................

—

4,066,616

—

4,066,616

United

Arab

Emirates

....................................

2,048,047

7,510,090

15

9,558,152

United

Kingdom

........................................

7,022,702

330,338,075

—

337,360,777

United

States

..........................................

7,461,699,583

117,002,874

216,405,375

7,795,107,832

Zambia

..............................................

2,992,278

—

—

2,992,278

Corporate

Bonds

Angola

..............................................

—

7,222,835

—

7,222,835

Argentina

............................................

—

945,126

—

945,126

Australia

.............................................

—

10,003,836

37,314,294

47,318,130

Austria

..............................................

—

6,221,077

—

6,221,077

Belgium

.............................................

—

5,382,325

—

5,382,325

Brazil

...............................................

—

8,036,319

—

8,036,319

Canada

.............................................

—

72,881,703

55,519,548

128,401,251

Chile

...............................................

—

2,463,720

—

2,463,720

China

...............................................

—

20,419,187

—

20,419,187

Colombia

............................................

—

2,786,696

—

2,786,696

Costa

Rica

...........................................

—

462,263

—

462,263

Czech

Republic

........................................

—

8,841,866

—

8,841,866

Denmark

.............................................

—

1,125,204

—

1,125,204

Finland

..............................................

—

4,838,208

—

4,838,208

France

..............................................

—

70,499,408

8,559,866

79,059,274

Germany

............................................

—

77,180,229

14,216,605

91,396,834

Greece

..............................................

—

4,941,242

—

4,941,242

Hong

Kong

...........................................

—

5,596,147

—

5,596,147

India

...............................................

—

13,973,532

5

13,973,537

Indonesia

............................................

—

5,478,366

—

5,478,366

Ireland

..............................................

—

11,352,379

—

11,352,379

Israel

...............................................

—

9,528,978

—

9,528,978

Italy

................................................

—

74,783,712

18,116,812

92,900,524

Jamaica

.............................................

—

1,368,403

—

1,368,403

Japan

...............................................

—

28,800,011

—

28,800,011

Jersey,

Channel

Islands

...................................

—

7,464,421

—

7,464,421

Kazakhstan

...........................................

—

578,129

—

578,129

Kuwait

..............................................

—

651,776

—

651,776

Luxembourg

..........................................

—

57,807,810

3,756,121

61,563,931

Macau

..............................................

—

6,037,180

—

6,037,180

Malaysia

.............................................

—

2,958,353

—

2,958,353

Mauritius

.............................................

—

—

44,683,010

44,683,010

Fair

Value

Hierarchy

as

of

Period

End

(continued)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

66

Level

1

Level

2

Level

3

Total

Mexico

..............................................

$

—

$

34,289,198

$

—

$

34,289,198

Netherlands

...........................................

—

30,559,095

—

30,559,095

Nigeria

..............................................

—

736,300

—

736,300

Pakistan

.............................................

—

739,862

—

739,862

Peru

................................................

—

1,882,238

—

1,882,238

Philippines

...........................................

—

2,130,243

—

2,130,243

Portugal

.............................................

—

2,687,134

—

2,687,134

Republic

of

Turkiye

......................................

—

1,961,336

—

1,961,336

Saudi

Arabia

..........................................

—

1,682,722

—

1,682,722

Singapore

............................................

—

1,628,455

7,905,046

9,533,501

Slovenia

.............................................

—

5,795,249

—

5,795,249

South

Africa

...........................................

—

3,280,491

—

3,280,491

South

Korea

..........................................

—

520,205

—

520,205

Spain

...............................................

—

24,602,116

—

24,602,116

Sweden

.............................................

—

20,474,970

—

20,474,970

Switzerland

...........................................

—

4,969,781

—

4,969,781

Taiwan

..............................................

—

375,386

—

375,386

Thailand

.............................................

—

5,561,763

—

5,561,763

Ukraine

.............................................

—

773,140

—

773,140

United

Arab

Emirates

....................................

—

2,447,286

—

2,447,286

United

Kingdom

........................................

—

158,716,041

8,073,702

166,789,743

United

States

..........................................

—

654,409,804

142,634,001

797,043,805

Uzbekistan

...........................................

—

977,677

—

977,677

Vietnam

.............................................

—

575,904

—

575,904

Zambia

..............................................

—

2,205,521

—

2,205,521

Fixed

Rate

Loan

Interests

France

..............................................

—

6,660,019

—

6,660,019

United

States

..........................................

—

1,764,611

18,714,416

20,479,027

Floating

Rate

Loan

Interests

Austria

..............................................

—

1,185,682

—

1,185,682

Belgium

.............................................

—

5,918,049

—

5,918,049

Canada

.............................................

—

7,761,555

—

7,761,555

Finland

..............................................

—

3,795,678

—

3,795,678

France

..............................................

—

37,043,846

5,574,455

42,618,301

Germany

............................................

—

35,695,372

—

35,695,372

Ireland

..............................................

—

2,705,092

—

2,705,092

Jersey,

Channel

Islands

...................................

—

—

14,153,345

14,153,345

Luxembourg

..........................................

—

54,798,477

9,562,263

64,360,740

Netherlands

...........................................

—

74,201,281

3,176,738

77,378,019

New

Zealand

..........................................

—

9,314,434

—

9,314,434

Norway

..............................................

—

2,436,890

—

2,436,890

Spain

...............................................

—

10,460,730

—

10,460,730

Sweden

.............................................

—

13,881,274

—

13,881,274

United

Kingdom

........................................

—

74,768,831

11,453,568

86,222,399

United

States

..........................................

—

162,933,326

78,100,570

241,033,896

Foreign

Agency

Obligations

.................................

—

15,989,141

—

15,989,141

Foreign

Government

Obligations

..............................

—

574,509,137

—

574,509,137

Grantor

Trust

...........................................

50,500,530

—

—

50,500,530

Investment

Companies

....................................

648,653,608

—

—

648,653,608

Municipal

Bonds

.........................................

—

8,595,606

—

8,595,606

Non-Agency

Mortgage-Backed

Securities

Cayman

Islands

........................................

—

4,602,372

—

4,602,372

United

States

..........................................

—

281,731,233

51,246,312

332,977,545

Preferred

Securities

Brazil

...............................................

28,215,980

—

17,334,048

45,550,028

Canada

.............................................

—

100,447

—

100,447

Chile

...............................................

—

586,523

—

586,523

China

...............................................

—

—

84,895,222

84,895,222

Finland

..............................................

—

—

4,586,920

4,586,920

France

..............................................

—

10,651,003

—

10,651,003

Germany

............................................

—

42,792,544

—

42,792,544

India

...............................................

—

—

—

—

Ireland

..............................................

—

2,178,234

—

2,178,234

Italy

................................................

—

7,263,049

—

7,263,049

Fair

Value

Hierarchy

as

of

Period

End

(continued)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

67

Level

1

Level

2

Level

3

Total

Japan

...............................................

$

—

$

2,948,831

$

—

$

2,948,831

Luxembourg

..........................................

—

3,124,401

—

3,124,401

Mexico

..............................................

—

1,128,696

—

1,128,696

Netherlands

...........................................

—

2,005,294

—

2,005,294

Spain

...............................................

—

9,501,773

—

9,501,773

Sweden

.............................................

—

2,547,378

—

2,547,378

Thailand

.............................................

—

625,679

—

625,679

United

Arab

Emirates

....................................

—

627,753

—

627,753

United

Kingdom

........................................

—

12,699,935

5,637,930

18,337,865

United

States

..........................................

20,295,276

8,620,413

511,439,496

540,355,185

Rights

................................................

—

—

128,645

128,645

U.S.

Government

Sponsored

Agency

Securities

....................

—

125,913,945

—

125,913,945

U.S.

Treasury

Obligations

...................................

—

60,085,352

—

60,085,352

Warrants

..............................................

56,882

12,349

15,730,730

15,799,961

Short-Term

Securities

Foreign

Government

Obligations

..............................

—

23,695,125

—

23,695,125

Money

Market

Funds

......................................

519,686,230

—

—

519,686,230

Options

Purchased

Commodity

contracts

......................................

13,420

—

—

13,420

Credit

contracts

..........................................

—

35,375

—

35,375

Equity

contracts

..........................................

21,322,302

99,005,261

—

120,327,563

Foreign

currency

exchange

contracts

...........................

—

1,326,240

—

1,326,240

Interest

rate

contracts

......................................

75,550

486,951

—

562,501

Unfunded

Floating

Rate

Loan

Interests

(a)

...........................

—

—

18,307

18,307

$

9,109,252,050

$

6,653,284,684

$

1,455,561,675

$

17,218,098,409

Investments

Valued

at

NAV

(b)

......................................

21,355,293

$

17,239,453,702

Derivative

Financial

Instruments

(c)

Assets

Commodity

contracts

.......................................

$

171,594

$

—

$

—

$

171,594

Credit

contracts

...........................................

—

10,000,541

—

10,000,541

Equity

contracts

...........................................

31,832,727

39,431,155

—

71,263,882

Foreign

currency

exchange

contracts

............................

—

67,837,153

—

67,837,153

Interest

rate

contracts

.......................................

23,190,568

277,876,878

—

301,067,446

Other

contracts

...........................................

—

539,094

—

539,094

Liabilities

Commodity

contracts

.......................................

(

2,907,117

)

—

—

(

2,907,117

)

Credit

contracts

...........................................

—

(

4,923,684

)

—

(

4,923,684

)

Equity

contracts

...........................................

(

30,026,010

)

(

91,053,876

)

—

(

121,079,886

)

Foreign

currency

exchange

contracts

............................

—

(

39,052,207

)

—

(

39,052,207

)

Interest

rate

contracts

.......................................

(

16,169,278

)

(

53,449,487

)

—

(

69,618,765

)

$

6,092,484

$

207,205,567

$

—

$

213,298,051

(a)

Unfunded

floating

rate

loan

interests

are

valued

at

the

unrealized

appreciation

(depreciation)

on

the

commitment.

(b)

Certain

investments

of

the

Fund

were

fair

valued

using

NAV

as

a

practical

expedient

as

no

quoted

market

value

is

available

and

therefore

have

been

excluded

from

the

fair

value

hierarchy.

(c)

Derivative

financial

instruments

are

swaps,

futures

contracts,

forward

foreign

currency

exchange

contracts

and

options

written.

Swaps,

futures

contracts

and

forward

foreign

currency

exchange

contracts

are

valued

at

the

unrealized

appreciation

(depreciation)

on

the

instrument

and

options

written

are

shown

at

value.

Fair

Value

Hierarchy

as

of

Period

End

(continued)

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

68

A

reconciliation

of

Level

3

financial

instruments

is

presented

when

the

Fund

had

a

significant

amount

of

Level

3

investments

and

derivative

financial

instruments

at

the

beginning

and/or

end

of

the

period

in

relation

to

net

assets.

The

following

table

is

a

reconciliation

of

Level

3

investments

for

which

significant

unobservable

inputs

were

used

in

determining

fair

value:

Asset-

Backed

Securities

Common

Stocks

Corporate

Bonds

Fixed

Rate

Loan

Interests

Floating

Rate

Loan

Interests

Investments

Assets/Liabilities

Opening

balance,

as

of

April

30,

2025

...............................................

$

59,694,383

$

153,598,994

$

439,464,315

$

19,930,471

$

281,672,829

Transfers

into

Level

3

.........................................................

—

5,696,000

—

—

16,048,920

Transfers

out

of

Level

3

........................................................

—

—

—

—

(

10,591,639

)

Accrued

discounts/premiums

.....................................................

(

15,305

)

—

2,027,221

3,420

909,225

Net

realized

gain

(loss)

........................................................

473,553

(

2,026,209

)

4,187,022

69,350

5,041,939

Net

change

in

unrealized

appreciation

(depreciation)

(a)

....................................

710,842

1,298,800

(

29,900,557

)

(

52,706

)

(

4,044,704

)

Purchases

.................................................................

33,012,855

60,022,317

67,911,101

91,926

59,916,125

Sales

....................................................................

(

28,856,554

)

(

579,976

)

(

142,910,092

)

(

1,328,045

)

(

226,931,756

)

Closing

balance,

as

of

January

31,

2026

.............................................

$

65,019,774

$

218,009,926

$

340,779,010

$

18,714,416

$

122,020,939

Net

change

in

unrealized

appreciation

(depreciation)

on

investments

still

held

at

January

31,

2026

(a)

.......

$

981,910

$

(

703,850

)

$

(

30,327,690

)

$

(

27,617

)

$

(

2,816,972

)

Non-Agency

Mortgage-

Backed

Securities

Preferred

Securities

Rights

Unfunded

Floating

Rate

Loan

Interests

Warrants

Total

Investments

Assets/Liabilities

Opening

balance,

as

of

April

30,

2025

...................................

$

43,441,348

$

444,033,724

$

—

$

2,576

$

12,721,503

$

1,454,560,143

Transfers

into

Level

3

.............................................

—

834,325

—

—

—

22,579,245

Transfers

out

of

Level

3

............................................

—

—

—

—

(

2

)

(

10,591,641

)

Accrued

discounts/premiums

.........................................

(

250,330

)

—

—

—

—

2,674,231

Net

realized

gain

(loss)

............................................

30,188

(

56,399,893

)

—

—

—

(

48,624,050

)

Net

change

in

unrealized

appreciation

(a)

..................................

1,208,585

282,790,207

—

15,731

3,009,229

255,035,427

Purchases

.....................................................

31,048,750

30,378,117

128,645

—

—

282,509,836

Sales

........................................................

(

24,232,229

)

(

77,742,864

)

—

—

—

(

502,581,516

)

Closing

balance,

as

of

January

31,

2026

.................................

$

51,246,312

$

623,893,616

$

128,645

$

18,307

$

15,730,730

$

1,455,561,675

Net

change

in

unrealized

appreciation

on

investments

still

held

at

January

31,

2026

(a)

....

$

1,208,585

$

193,622,355

$

—

$

18,307

$

3,163,694

$

165,118,722

(a)

Any

difference

between

net

change

in

unrealized

appreciation

(depreciation)

and

net

change

in

unrealized

appreciation

(depreciation)

on

investments

still

held

at

January

31,

2026

is

generally

due

to

investments

no

longer

held

or

categorized

as

Level

3

at

period

end.

The

following

table

is

a

reconciliation

of

Level

3

derivative

financial

instruments

for

which

significant

unobservable

inputs

were

used

in

determining

fair

value:

Equity

Contracts

Liabilities

Interest

Rate

Contracts

Liabilities

Total

Opening

balance,

as

of

April

30,

2025

.......................................................

$

(

160,521

)

$

(

27,177

)

$

(

187,698

)

Transfers

into

level

3

..................................................................

—

—

—

Transfers

out

of

level

3

.................................................................

160,521

27,177

187,698

Accrued

discounts/premiums

.............................................................

—

—

—

Net

realized

gain

(loss)

.................................................................

—

—

—

Net

change

in

unrealized

appreciation

(depreciation)

.............................................

—

—

—

Purchases

.........................................................................

—

—

—

Issues

............................................................................

—

—

—

Sales

.............................................................................

—

—

—

Settlements

........................................................................

—

—

—

Closing

balance,

as

of

January

31,

2026

.....................................................

$

—

$

—

$

—

Net

change

in

unrealized

appreciation

(depreciation)

on

derivative

financial

instruments

still

held

at

January

31,

2026

.

$

—

$

—

$

—

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

69

(a)

A

significant

change

in

unobservable

input

could

result

in

a

correlated

or

inverse

change

in

value.

The

following

table

summarizes

the

valuation

approaches

used

and

unobservable

inputs

utilized

by

the

Valuation

Committee

to

determine

the

value

of

certain

of

the

Fund’s

Level

3

financial

instruments

as

of

period

end.

The

table

does

not

include

Level

3

financial

instruments

with

values

based

upon

unadjusted

third-party

pricing

information

in

the

amount

of

$106

,654,664

.

Value

Valuation

Approach

Unobservable

Inputs

Range

of

Unobservable

Inputs

Utilized

(a)

Weighted

Average

of

Unobservable

Inputs

Based

on

Fair

Value

Assets

Asset

Backed

Securities

........................

$

54,960,774

Income

Discount

Rate

7%

–

8%

8%

Common

Stocks

.............................

217,459,529

Market

Revenue

Multiple

1.05x

–

7.00x

3.36x

Time

to

Exit

1.0

–

5.1

years

3.5

years

Volatility

56%

–

80%

78%

EBITDA

Multiple

3.65x

–

42.81x

36.89x

NAV

Multiple

1.00x

—

Liquidity

Discount

10%

—

Discount

for

Lack

of

Marketability

5%

—

Gross

Profit

Multiple

6.50x

—

Income

Discount

Rate

10%

–

17%

13%

Corporate

Bonds

.............................

327,831,703

Income

Discount

Rate

6%

–

34%

12%

Estimated

Recovery

Value

29%

—

Market

Volatility

60%

–

60%

60%

Revenue

Multiple

0.75x

–

0.92x

0.91x

Direct

Profit

Multiple

2.00x

—

Fixed

Rate

Loan

Interests

.......................

18,714,416

Income

Discount

Rate

10%

—

Floating

Rate

Loan

Interests

......................

79,129,875

Income

Discount

Rate

6%

–

24%

13%

Non-Agency

Mortgage-Backed

Securities

..............

11,837,730

Income

Discount

Rate

8%

—

Preferred

Stocks

.............................

623,113,690

Income

Discount

Rate

10%

–

15%

13%

Market

Revenue

Multiple

1.00x

–

62.00x

23.14x

Time

to

Exit

1.0

–

4.0

years

3.3

years

Volatility

70%

–

90%

78%

Gross

Profit

Multiple

14.25x

—

EBITDAR

Multiple

8.25x

—

Market

Adjustment

Multiple

0.20x

–

1.15x

1.12x

Rights

....................................

128,645

Income

Discount

Rate

4%

—

Warrants

..................................

15,730,649

Market

Revenue

Multiple

3.00x

–

14.00x

11.13x

Time

to

Exit

3.0

–

5.1

years

3.8

years

Volatility

53%

–

80%

67%

EBITDA

Multiple

12.00x

—

Discount

for

Lack

of

Marketability

5%

—

Income

Discount

Rate

15%

—

$

1,348,907,011

Consolidated

Schedule

of

Investments

(unaudited)

(continued)

January

31,

2026

BlackRock

Global

Allocation

Fund,

Inc.

70

Currency

Abbreviation

ARS

Argentine

Peso

AUD

Australian

Dollar

BRL

Brazilian

Real

CAD

Canadian

Dollar

CHF

Swiss

Franc

CLP

Chilean

Peso

CNH

Chinese

Yuan

Offshore

CNY

Chinese

Yuan

COP

Colombian

Peso

CZK

Czech

Koruna

DKK

Danish

Krone

DOP

Dominican

Peso

EGP

Egyptian

Pound

EUR

Euro

GBP

British

Pound

HKD

Hong

Kong

Dollar

HUF

Hungarian

Forint

IDR

Indonesian

Rupiah

INR

Indian

Rupee

JPY

Japanese

Yen

KRW

South

Korean

Won

KZT

Kazakhstani

Tenge

MXN

Mexican

Peso

MYR

Malaysian

Ringgit

NGN

Nigerian

Naira

NOK

Norwegian

Krone

NZD

New

Zealand

Dollar

PEN

Peruvian

Sol

PHP

Philippine

Peso

PLN

Polish

Zloty

RON

Romanian

Leu

SEK

Swedish

Krona

SGD

Singapore

Dollar

THB

Thai

Baht

TRY

Turkish

Lira

TWD

Taiwan

New

Dollar

USD

United

States

Dollar

UYU

Uruguayan

Peso

ZAR

South

African

Rand

Portfolio

Abbreviation

ABS

Asset-Backed

Security

ADR

American

Depositary

Receipts

BUBOR

Budapest

Interbank

Offered

Rate

BZDIOVER

Overnight

Brazil

CETIP

—

Interbank

Rate

CD_KSDA

Certificates

of

Deposit

by

the

Korean

Securities

Dealers

Association

CLICP

Chile

Indice

de

Camara

Promedio

Interbank

Overnight

Index

CLO

Collateralized

Loan

Obligation

CNREPOFIX_CFXS

China

Fixing

Repo

Rates

CSMC

Credit

Suisse

Mortgage

Capital

CVR

Contingent

Value

Rights

DAC

Designated

Activity

Company

ESTR

Euro

Short-Term

Rate

ETF

Exchange-Traded

Fund

EURIBOR

Euro

Interbank

Offered

Rate

GDR

Global

Depositary

Receipts

HONIA

HKD

-

Overnight

Index

Average

IBR

Colombian

Reference

Banking

Indicator

JIBAR

Johannesburg

Interbank

Average

Rate

JSC

Joint

Stock

Company

MIBOR

Mumbai

Interbank

Offered

Rate

MSCI

Morgan

Stanley

Capital

International

Nasdaq

National

Association

of

Securities

Dealers

Automated

Quotations

NVDR

Non-Voting

Depository

Receipts

OBFR01

USD

-

1D

Overnight

Bank

Funding

Rate

OTC

Over-the-counter

PCL

Public

Company

Limited

PIK

Payment-In-Kind

PJSC

Public

Joint

Stock

Company

PRIBOR

Prague

Interbank

Offered

Rate

RB

Revenue

Bonds

SAB

Special

Assessment

Bonds

SCA

Svenska

Cellulosa

Aktiebolaget

SONIA

Sterling

Overnight

Interbank

Average

Rate

SOFR

Secured

Overnight

Financing

Rate

SPDR

Standard

&

Poor’s

Depositary

Receipts

STACR

Structured

Agency

Credit

Risk

TIPS

Treasury

Inflation

Protected

Securities

TIIEOIS

Mexico

Interbank

TIIE

1-day

TONAR

Tokyo

Overnight

Average

Rate

THOR

Thailand

Overnight

Repo

Rate

ON

WIBOR

Warsaw

Interbank

Offered

Rate

WTI

West

Texas

Intermediate