BlackRock Global Allocation K (MKLOX)

This fund maintains a diversified portfolio, allocating its investments across equities (stocks), fixed-income securities (bonds), and money market instruments. Typically, its holdings will include both stock and bond assets. A notable portion of its assets, up to a maximum of 35%, may be invested in higher-risk categories such as high-yield (or "junk") bonds, loans extended to corporations, and securities from companies experiencing financial distress. Additionally, the fund is authorized to invest in Real Estate Investment Trusts (REITs) and other financial instruments tied to tangible assets. This can include securities related to real estate or precious metals, for instance, stocks, bonds, or convertible bonds issued by REITs or companies involved in mining valuable metals.