Fossil fuel companiesare fueling the climate crisis.


BlackRock Global Allocation Fund

Shareclass
BlackRock Global Allocation Inv A (MDLOX)
Type
Open-end mutual fund
Fossil fuel exposure of 6.48% places the fund in the D tier, between 5.5% and 9% exposure.

Methodology
D
Investments in major fossil fuel companies
Shell PLC
Carbon Underground 200Top 200 carbon reserves
$113.67 MILLION
Chevron Corp
Carbon Underground 200Top 200 carbon reserves
$78.34 MILLION
Suncor Energy Inc
Carbon Underground 200Top 200 carbon reserves
$76.35 MILLION
ConocoPhillips
Carbon Underground 200Top 200 carbon reserves
$67.48 MILLION
Mitsui & Co Ltd
Carbon Underground 200Top 200 carbon reserves
$52.77 MILLION
Glencore PLC
Carbon Underground 200Top 200 carbon reserves
$46.85 MILLION
Fossil fuel holdings
Energy sector
Top 200 owners of carbon reserves
Top 200 owners of carbon reserves
Carbon Underground 200
20
holdings
$625.33M
invested
3.62%
of portfolio
Coal industry
Coal industry
Coal miners, coal services, owners of coal reserves
13
holdings
$215.82M
invested
1.25%
of portfolio
Oil/gas industry
Oil/gas industry
Oil/gas producers and refiners, oil field services and equipment companies, pipeline operators
42
holdings
$999.77M
invested
5.79%
of portfolio
Utility sector
Top 50 coal-fired utilities
Top 50 coal-fired utilities
Macroclimate 50
2
holdings
$32.87M
invested
0.19%
of portfolio
Fossil-fired utilities
Fossil-fired utilities
Utilities burning fossil fuels or distributing gas
16
holdings
$338.71M
invested
1.96%
of portfolio
  When calculating a portfolio's screen exposure, we only consider long investments, ignoring any shorts or liabilities.
All fossil fuel companies
52 holdings
52 holdings
  • 1. Shell PLC
    Carbon Underground 200Oil/gas industry
    $113.67M
    0.66%
  • 2. NextEra Energy Inc
    Oil/gas industryFossil-fired utility
    $89.43M
    0.52%
  • 3. Chevron Corp
    Carbon Underground 200Oil/gas industry
    $78.34M
    0.45%
  • 4. Suncor Energy Inc
    Carbon Underground 200Oil/gas industry
    $76.35M
    0.44%
  • 5. ConocoPhillips
    Carbon Underground 200Oil/gas industry
    $67.48M
    0.39%
See all
Share to spread the word.
Business as usual is fueling climate destruction.
BlackRock Global Allocation Fund $MDLOX is 6.48% ($1.12 BILLION) invested in fossil fuel stocks
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Financial performance
Performance data provided byMorningstarFind more financial data on MDLOX at Morningstar.com
Current fund
MDLOX
BlackRock Global Allocation Fund
Family
BlackRock/iShares
Category
Global Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-7.82% less in annualized returns
Less invested in fossil fuels 
1.84% less invested
Higher fossil finance risk score 
4 points higher
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
9.61% less invested
Current fund
MDLOX
BlackRock Global Allocation Fund
Family
BlackRock/iShares
Category
Global Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-7.82% less in annualized returns
Less invested in fossil fuels 
1.84% less invested
Higher fossil finance risk score 
4 points higher
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
9.61% less invested
Current fund
MDLOX
BlackRock Global Allocation Fund
Family
BlackRock/iShares
Category
Global Allocation
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 10/31/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Lower
 10-yr returns 
-7.82% less in annualized returns
Less invested in fossil fuels 
1.84% less invested
Higher fossil finance risk score 
4 points higher
Lower fossil insurance risk score 
19 points lower
Less invested in Clean200 
9.61% less invested
Month-end trailing returns  
Annualized returns
Climate analysis
1-yr
3-yr
5-yr
10-yr
Fossil fuel %
This fund
MDLOX - BlackRock Global Allocation Fund
21%
0.6%
6.41%
5.14%
6.48% 
Benchmark
IVV - iShares Core S&P 500 ETF
38%
9.05%
15%
13%
8.32% 
Fund compared to benchmark
 
-17%
-8.45%
-8.83%
-7.82%
1.84%  lower
Find more financial data on MDLOX at Morningstar.com
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