0001752724-20-003762.txt : 20200113 0001752724-20-003762.hdr.sgml : 20200113 20200113125750 ACCESSION NUMBER: 0001752724-20-003762 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20191031 FILED AS OF DATE: 20200113 DATE AS OF CHANGE: 20200113 EFFECTIVENESS DATE: 20200113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BLACKROCK GLOBAL ALLOCATION FUND, INC. CENTRAL INDEX KEY: 0000834237 IRS NUMBER: 222937779 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-05576 FILM NUMBER: 20523375 BUSINESS ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 BUSINESS PHONE: 800-441-7762 MAIL ADDRESS: STREET 1: 100 BELLEVUE PARKWAY CITY: WILMINGTON STATE: DE ZIP: 19809 FORMER COMPANY: FORMER CONFORMED NAME: MERRILL LYNCH GLOBAL ALLOCATION FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: MERRILL LYNCH GLOBAL INCOME FUND INC DATE OF NAME CHANGE: 19890706 0000834237 S000002245 BLACKROCK GLOBAL ALLOCATION FUND, INC. C000005790 Investor A C000005792 Investor C C000005793 Institutional C000005794 Class R C000172904 Class K N-CEN 1 primary_doc.xml X0201 N-CEN LIVE 0000834237 XXXXXXXX 811-05576 false false false N-1A S000002245 C000005790 C000172904 C000005792 C000005793 C000005794 BlackRock Global Allocation Fund, Inc. 811-05576 0000834237 32P8B6BZ084LSNAF2753 100 Bellevue Parkway Wilmington 19809 US-DE US 800-441-7762 State Street Bank and Trust Company 1 Lincoln Street Boston 02111 617-786-3000 Records related to its functions as sub-administrator and accounting agent Brown Brothers Harriman & Co. 40 Water Street Boston 02109 617-772-1818 Records related to its functions as custodian BlackRock Investments, LLC 40 East 52nd Street New York 10022 609-282-3046 Records related to its functions as distributor BNY Mellon Investment Servicing (US) Inc. 301 Bellevue Parkway Wilmington 19809 302-791-1700 Records related to its functions as transfer agent BlackRock Advisors, LLC 100 Bellevue Parkway Wilmington 19809 302-797-2000 Records related to its functions as advisor and administrator N N N-1A 1 Y Joseph P. Platt 000000000 N John M. Perlowski 000000000 Y Kenneth L. Urish 005352005 N Lena G. Goldberg 000000000 N Robert Fairbairn 004992372 Y Mark Stalnecker 000000000 N Claire A. Walton 000000000 N Cynthia A. Montgomery 000000000 N Collette Chilton 000000000 N Susan J. Carter 000000000 N Bruce R. Bond 000000000 N Henry R. Keizer 000000000 N Donald C. Opatrny 000000000 N Neil A. Cotty 000000000 N Robert M. Hernandez 000000000 N Charles Park 000000000 55 East 52nd Street New York 10055 XXXXXX N N N N BlackRock Investments, LLC 8-48436 000038642 00000000000000000000 Y N Deloitte & Touche LLP 34 00000000000000000000 N N N N N N N BlackRock Global Allocation Fund, Inc. 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LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 9334605230 102085558406.51 Y 27461656897.31 Committed 1750000000 N N N N true true INTERNAL CONTROL RPT 2 NCEN_4449707578688507.txt REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Shareholders and the Board of Directors of BlackRock Global Allocation Fund, Inc.: In planning and performing our audit of the consolidated financial statements of BlackRock Global Allocation Fund, Inc. (the "Fund"), as of and for the year ended October 31, 2019, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund's internal control over financial reporting. Accordingly, we express no such opinion. The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of a company's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Fund's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund's internal control over financial reporting and its operation, including controls for safeguarding securities, that we consider to be a material weakness, as defined above, as of October 31, 2019. This report is intended solely for the information and use of management and the Board of Directors of the Fund and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ Deloitte & Touche LLP Boston, Massachusetts December 20, 2019 LEGAL PROCEEDINGS 3 NCEN_2806341989074355.txt In re: BlackRock Mutual Funds Advisory Fee Litigation, 3:14-cv-01165-FLW-TJB (D.N.J.), 19-1557 (3d Cir.) On May 27, 2014, Owen Clancy, Timothy Davidson, Cindy Tarchis and Brendan Foote, investors in the BlackRock Global Allocation Fund, Inc. ("Global Allocation") and the BlackRock Equity Dividend Fund ("Equity Dividend") filed a consolidated complaint in the United States District Court for the District of New Jersey against BlackRock Advisors, LLC, BlackRock Investment Management, LLC and BlackRock International Limited (collectively, the "Defendants") under the caption In re BlackRock Mutual Funds Advisory Fee Litigation. In the lawsuit, which purports to be brought derivatively on behalf of Global Allocation and Equity Dividend, the plaintiffs allege that the Defendants violated Section 36(b) of the Investment Company Act by receiving allegedly excessive investment advisory fees from Global Allocation and Equity Dividend. On June 13, 2018, the court granted in part and denied in part the Defendants' motion for summary judgment. On July 25, 2018, the plaintiffs served a pleading that supplemented the time period of their alleged damages to run through the date of trial. The lawsuit seeks, among other things, to recover on behalf of Global Allocation and Equity Dividend all allegedly excessive advisory fees received by the Defendants beginning twelve months preceding the start of the lawsuit with respect to each of Global Allocation and Equity Dividend and ending on the date of judgment, along with purported lost investment returns on those amounts, plus interest. The Defendants believe the claims in the lawsuit are without merit. The trial on the remaining issues was completed on August 29, 2018. On February 8, 2019, the court issued an order dismissing the claims in their entirety. On March 8, 2019, the plaintiffs provided notice that they are appealing both the February 8, 2019 post-trial order and the June 13, 2018 order partially granting Defendants' motion for summary judgment.