BlackRock Global Opportunities Equity Trust (BOE)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-21729

Name of Fund: BlackRock Global Opportunities Equity Trust (BOE)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Global Opportunities Equity Trust, 55 East 52nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 10/31/2011

Date of reporting period: 07/31/2011


Item 1       Schedule of Investments


Schedule of Investments July 31, 2011 (Unaudited)    BlackRock Global Opportunities Equity Trust (BOE)
   (Percentages shown are based on Net Assets)

 

     Shares      Value  

Common Stocks

     

Australia – 1.0%

     

Newcrest Mining Ltd.

     201,600       $ 8,791,184   

Panaust Ltd.(a)

     945,900         4,256,579   
     

 

 

 
        13,047,763   
     

 

 

 

Austria – 0.3%

     

Erste Group Bank AG

     84,300         4,030,429   
     

 

 

 

Belgium – 0.8%

     

Anheuser-Busch InBev NV

     170,000         9,784,314   
     

 

 

 

Brazil – 1.7%

     

Banco Bradesco SA - ADR(b)

     361,800         6,957,414   

Banco Bradesco SA, Preference Shares

     229,300         4,360,226   

BM&FBOVESPA SA

     1,098,844         6,461,913   

Cia de Saneamento Basico do Estado de Sao Paulo - ADR(b)

     75,000         4,476,750   
     

 

 

 
        22,256,303   
     

 

 

 

British Virgin Islands – 0.1%

     

Arcos Dorados Holdings, Inc., Class A

     73,500         1,724,310   
     

 

 

 

Canada – 2.8%

     

Bankers Petroleum Ltd.(a)

     780,000         4,898,216   

First Quantum Minerals Ltd.

     52,100         7,222,948   

Manulife Financial Corp.

     399,600         6,348,766   

Petrominerales Ltd.

     207,000         6,603,548   

Suncor Energy, Inc.(b)

     148,200         5,664,204   

The Toronto-Dominion Bank

     61,000         4,883,448   
     

 

 

 
        35,621,130   
     

 

 

 

China – 1.0%

     

China Construction Bank Corp., H Shares

     9,377,900         7,546,364   

China Merchants Bank Co. Ltd., H Shares

     2,009,800         4,763,406   

Lentuo International, Inc. - ADR(a)

     170,900         1,069,834   
     

 

 

 
        13,379,604   
     

 

 

 

Denmark – 0.7%

     

Carlsberg A/S, Class B

     55,200         5,422,205   

Pandora A/S(c)

     101,900         2,920,497   
     

 

 

 
        8,342,702   
     

 

 

 

France – 2.6%

     

BNP Paribas

     77,480         5,024,896   

Danone

     77,200         5,503,974   

LVMH Moet Hennessy Louis Vuitton SA

     38,300         7,020,149   

Technip SA

     89,200         9,767,072   

Unibail-Rodamco SE - REIT

     24,826         5,526,922   
     

 

 

 
        32,843,013   
     

 

 

 

Germany – 6.4%

     

BASF SE

     105,200         9,500,777   

Bayerische Motoren Werke AG

     101,100         10,107,197   

Continental AG(a)

     63,600         6,334,742   

Fresenius Medical Care AG & Co. KGaA

     82,700         6,346,998   

K+S AG

     114,400         9,127,677   

Kabel Deutschland Holding AG(a)

     145,300         8,178,549   

Merck KGaA

     78,400         8,367,343   

Metro AG

     88,100         4,863,128   

SAP AG - ADR(b)

     137,500         8,581,375   

Volkswagen AG, Preference Shares

     48,201         9,621,750   
     

 

 

 
        81,029,536   
     

 

 

 

Gibraltar – 0.1%

     

Bwin.Party Digital Entertainment Plc(a)

     459,393         1,015,452   
     

 

 

 

Hong Kong – 3.0%

     

AIA Group Ltd.(a)

     1,974,600         7,252,693   

Cheung Kong Holdings Ltd.

     263,000         4,009,919   

China Resources Enterprise Ltd.

     1,696,300         7,354,252   

China Unicom Hong Kong Ltd.

     2,574,200         5,141,764   

Hong Kong Exchanges and Clearing Ltd.

     276,600         5,706,099   

Wharf Holdings Ltd.

     1,155,800         8,489,552   
     

 

 

 
        37,954,279   
     

 

 

 

India – 0.7%

     

ICICI Bank Ltd.

     371,000         8,677,351   
     

 

 

 

Indonesia – 0.5%

     

Adaro Energy Tbk PT

     19,877,200         6,163,224   
     

 

 

 

Ireland – 0.8%

     

Accenture Plc

     122,000         7,215,080   

WPP Plc

     305,000         3,456,722   
     

 

 

 
        10,671,802   
     

 

 

 

Japan – 9.0%

     

Bridgestone Corp.

     383,600         9,542,288   

Daikin Industries Ltd.

     237,500         8,425,223   

Dena Co. Ltd.

     134,500         6,697,007   

Hino Motors Ltd.

     1,231,700         7,641,979   

ITOCHU Corp.

     1,162,300         13,409,979   

Japan Tobacco, Inc.

     1,953         8,850,725   

Marubeni Corp.

     973,800         7,306,976   

Mitsubishi Chemical Holdings Corp.

     770,800         6,008,215   

Nabtesco Corp.

     337,000         8,560,629   

ORIX Corp.

     66,000         7,119,586   

SMC Corp.

     44,500         8,183,950   

Softbank Corp.

     213,300         8,329,446   

Sumitomo Electric Industries Ltd.

     550,100         8,212,105   

Sumitomo Mitsui Financial Group, Inc.

     185,400         5,832,491   
     

 

 

 
        114,120,599   
     

 

 

 

Malaysia – 0.5%

     

CIMB Group Holdings Bhd

     2,148,800         5,980,590   
     

 

 

 

Mexico – 0.8%

     

Fomento Economico Mexicano SAB de CV - ADR

     78,500         5,681,045   

Grupo Modelo SAB de CV, Series C

     692,200         4,273,284   
     

 

 

 
        9,954,329   
     

 

 

 

Netherlands – 3.9%

     

Aegon NV(a)

     859,500         4,918,719   

Akzo Nobel NV

     122,900         7,507,104   

ASML Holding NV

     179,800         6,405,200   

Corio NV - REIT

     41,100         2,505,795   

ING Groep NV(a)

     490,800         5,266,790   

Royal Dutch Shell Plc, Class A - ADR(b)

     221,600         16,300,896   

VimpelCom Ltd. - ADR(b)

     295,000         3,658,000   

Yandex NV(b)

     104,100         3,640,377   
     

 

 

 
        50,202,881   
     

 

 

 

Norway – 1.1%

     

DnB NOR ASA

     401,500         5,838,658   

Subsea 7 SA(a)

     298,400         7,857,907   
     

 

 

 
        13,696,565   
     

 

 

 

Russia – 0.5%

     

Lukoil OAO - ADR

     88,700         5,956,205   
     

 

 

 

 

         JULY 31, 2011   1


Schedule of Investments (continued)    BlackRock Global Opportunities Equity Trust (BOE)
   (Percentages shown are based on Net Assets)

 

     Shares      Value  

Common Stocks

     

Singapore – 0.4%

     

Straits Asia Resources Ltd.

     1,948,900       $ 4,885,660   
     

 

 

 

South Africa – 0.4%

     

Naspers Ltd., N Shares

     94,800         5,073,532   
     

 

 

 

South Korea – 5.0%

     

Dongbu Insurance Co. Ltd.

     195,300         9,691,078   

GS Engineering & Construction Corp.

     68,787         7,767,225   

Hyundai Engineering & Construction Co. Ltd.

     148,509         12,170,806   

Kia Motors Corp.

     135,400         9,926,537   

KT Corp. - ADR

     301,500         5,957,640   

Samsung Electronics Co. Ltd.

     13,700         10,970,448   

Samsung Life Insurance Co. Ltd.

     70,800         6,704,495   
     

 

 

 
        63,188,229   
     

 

 

 

Spain – 0.8%

     

Telefonica SA

     452,300         10,081,604   
     

 

 

 

Switzerland – 4.0%

     

Adecco SA(a)

     162,700         9,777,010   

Cie Financiere Richemont SA

     98,800         6,380,935   

Julius Baer Group Ltd.(a)

     76,400         3,246,168   

Roche Holding AG

     65,200         11,699,873   

UBS AG(a)

     207,400         3,423,874   

Weatherford International Ltd.(a)(b)

     266,900         5,850,448   

Xstrata Plc

     517,200         10,912,028   
     

 

 

 
        51,290,336   
     

 

 

 

Taiwan – 0.5%

     

First Financial Holding Co. Ltd.

     7,691,360         6,374,903   
     

 

 

 

Thailand – 1.7%

     

Bangkok Bank Public Co. Ltd.

     1,118,600         6,611,958   

Banpu Public Co. Ltd.

     491,800         12,030,561   

Banpu Public Co. Ltd. - NVDR

     105,900         2,590,558   
     

 

 

 
        21,233,077   
     

 

 

 

United Kingdom – 5.4%

     

Afren Plc(a)

     1,926,000         4,412,144   

Antofagasta Plc

     350,100         8,040,341   

Barclays Plc - ADR(b)

     490,800         7,146,048   

Barratt Development Plc(a)

     115,400         185,934   

Bellway Plc

     124,500         1,345,790   

BG Group Plc

     262,100         6,179,387   

GlaxoSmithKline Plc

     195,236         4,352,795   

HSBC Holdings Plc

     1,477,430         14,403,883   

Kazakhmys Plc

     205,200         4,507,805   

Persimmon Plc

     55,624         419,766   

Taylor Wimpey Plc(a)

     2,398,700         1,384,763   

Tullow Oil Plc

     218,300         4,385,604   

Vodafone Group Plc - ADR(b)

     400,300         11,248,430   
     

 

 

 
        68,012,690   
     

 

 

 

United States – 38.0%

     

Alcoa, Inc.(b)

     360,900         5,316,057   

Allergan, Inc.

     104,700         8,513,157   

American Electric Power Co., Inc.(b)

     240,100         8,850,086   

Ameriprise Financial, Inc.(b)

     92,400         4,998,840   

Apple, Inc.(b)

     31,200         12,182,976   

Applied Materials, Inc.(b)

     332,800         4,100,096   

AT&T Inc.(b)

     271,400         7,941,164   

Baxter International, Inc.(b)

     125,000         7,271,250   

Bristol-Myers Squibb Co.(b)

     224,600         6,437,036   

Broadcom Corp., Class A(a)(b)

     144,300         5,349,201   

Celgene Corp.(a)

     53,300         3,160,690   

Cisco Systems, Inc.(b)

     185,000         2,954,450   

Citigroup, Inc.(b)

     291,790         11,187,229   

Clorox Co.(b)

     65,300         4,674,827   

Comcast Corp., Class A(b)

     471,500         11,325,430   

Comerica, Inc.(b)

     160,000         5,124,800   

ConAgra Foods, Inc.(b)

     257,400         6,592,014   

Corning, Inc.(b)

     455,000         7,239,050   

CVS Caremark Corp.(b)

     177,900         6,466,665   

Darden Restaurants, Inc.

     132,400         6,725,920   

Dover Corp.

     188,500         11,398,595   

The Dow Chemical Co.

     203,200         7,085,584   

eBay, Inc.(a)(b)

     217,200         7,113,300   

EMC Corp.(a)(b)

     238,800         6,227,904   

Exelon Corp.

     175,000         7,712,250   

Exxon Mobil Corp.

     257,800         20,569,862   

F5 Networks, Inc.(a)(b)

     64,700         6,048,156   

Federal Realty Investment Trust - REIT

     78,300         6,838,722   

FedEx Corp.(b)

     122,400         10,634,112   

Freeport-McMoRan Copper & Gold, Inc.(b)

     123,500         6,540,560   

General Electric Co.(b)

     603,600         10,810,476   

Google, Inc., Class A(a)(b)

     26,800         16,178,892   

Halliburton Co.(b)

     156,200         8,548,826   

Henry Schein, Inc.(a)

     98,000         6,513,080   

HJ Heinz Co.

     160,800         8,464,512   

Huntsman Corp.(b)

     309,700         5,915,270   

Johnson & Johnson(b)

     102,200         6,621,538   

JPMorgan Chase & Co.(b)

     333,000         13,469,850   

KeyCorp(b)

     631,000         5,073,240   

Laboratory Corp. of America Holdings(a)(b)

     40,000         3,630,400   

Las Vegas Sands Corp.(a)(b)

     167,800         7,916,804   

Liberty Global, Inc., Class A(a)(b)

     211,400         8,836,520   

Merck & Co., Inc.(b)

     183,400         6,259,442   

MetLife, Inc.(b)

     193,400         7,970,014   

National Oilwell Varco, Inc.(b)

     76,500         6,163,605   

News Corp., Class A(b)

     421,400         6,750,828   

NII Holdings, Inc.(a)(b)

     104,400         4,421,340   

NIKE, Inc., Class B(b)

     84,800         7,644,720   

Norfolk Southern Corp.(b)

     126,900         9,606,330   

Occidental Petroleum Corp.(b)

     95,500         9,376,190   

PepsiCo, Inc.(b)

     210,600         13,486,824   

Pfizer, Inc.(b)

     319,200         6,141,408   

PPL Corp.(b)

     273,000         7,616,700   

The Procter & Gamble Co.(b)

     193,000         11,867,570   

Rowan Cos., Inc.(a)(b)

     218,400         8,554,728   

Schlumberger Ltd.(b)

     111,600         10,085,292   

Sprint Nextel Corp.(a)(b)

     929,900         3,933,477   

SPX Corp.

     135,000         10,157,400   

Stanley Black & Decker, Inc.

     86,600         5,695,682   

Stillwater Mining Co.(a)

     22,400         342,720   

Terex Corp.(a)(b)

     47,900         1,063,859   

Texas Instruments, Inc.(b)

     206,300         6,137,425   

Verizon Communications, Inc.(b)

     170,400         6,013,416   

Whole Foods Market, Inc.(b)

     72,200         4,815,737   
     

 

 

 
        482,664,098   
     

 

 

 

Total Common Stocks – 94.5%

        1,199,256,510   
     

 

 

 

 

2        JULY 31, 2011    


Schedule of Investments (continued)    BlackRock Global Opportunities Equity Trust (BOE)
   (Percentages shown are based on Net Assets)

 

     Shares      Value  

Exchange-Traded Funds

     

iShares MSCI EAFE Index Fund(b)(d)

     95,000       $ 5,571,750   

iShares MSCI Emerging Markets Index Fund(b)(d)

     262,000         12,353,300   
     

 

 

 

Total Exchange-Traded Funds – 1.4%

        17,925,050   
     

 

 

 

Rights – 0.0%

     

Taiwan – 0.0%

     

First Financial Holding Co. Ltd., Expires 09/09/2011

     672,181         79,257   
     

 

 

 

Total Long Term Investments
(Cost – $1,177,659,862) – 95.9%

        1,217,260,817   
     

 

 

 
     Shares/
Beneficial
Interest
        

Short-Term Securities

     

BlackRock Liquidity Funds, TempFund, Institutional Class, 0.06%(d)(e)

     60,573,779         60,573,779   

BlackRock Liquidity Series, LLC Money Market Series, 0.09%(d)(e)(f)

   $ 841,500         841,500   
     

 

 

 

Total Short-Term Securities
(Cost – $61,415,279) – 4.8%

        61,415,279   
     

 

 

 

Total Investments Before Outstanding Options Written
(Cost – $1,239,075,141*) – 100.7%

        1,278,676,096   
     

 

 

 
     Contracts         

Options Written

     

Exchange-Traded Call Options Written – (0.6)%

     

Alcoa, Inc.:

     

Strike Price USD 15, Expires 8/22/11

     1,000         (36,500

Strike Price USD 16, Expires 9/19/11

     1,000         (27,000

American Electric Power Co., Inc.:

     

Strike Price USD 38, Expires 8/22/11

     1,320         (9,900

Strike Price USD 38, Expires 9/19/11

     100         (2,500

Ameriprise Financial, Inc., Strike Price USD 60, Expires 8/22/11

     510         (10,200

Apple, Inc.:

     

Strike Price USD 375, Expires 8/22/11

     170         (351,050

Strike Price USD 335, Expires 8/22/11

     85         (482,375

Applied Materials, Inc.:

     

Strike Price USD 13, Expires 8/22/11

     915         (14,182

Strike Price USD 12.75, Expires 9/08/11

     915         (31,125

AT&T Inc., Strike Price USD 31, Expires 8/22/11

     1,550         (10,075

Banco Bradesco SA - ADR, Strike Price USD 19, Expires 8/22/11

     950         (69,350

Barclays Plc - ADR, Strike Price USD 15, Expires 8/22/11

     500         (31,250

Baxter International, Inc., Strike Price USD 59, Expires 8/22/11

     330         (26,559

Bristol-Myers Squibb Co., Strike Price USD 30, Expires 9/19/11

     50         (1,600

Broadcom Corp., Class A, Strike Price USD 34, Expires 8/22/11

     795         (276,262

Cia Saneamento Basico De - ADR, Strike Price USD 60, Expires 8/22/11

     415         (59,138

Cisco Systems, Inc., Strike Price USD 19, Expires 10/24/11

     1,850         (28,675

Citigroup, Inc.:

     

Strike Price USD 40, Expires 8/22/11

     290         (19,575

Strike Price USD 39, Expires 8/22/11

     1,030         (107,635

Strike Price USD 42, Expires 9/19/11

     285         (20,805

Clorox Co.:

     

Strike Price USD 70, Expires 8/22/11

     37         (9,065

Strike Price USD 75, Expires 9/19/11

     340         (32,300

Comcast Corp.:

     

Strike Price USD 25, Expires 8/22/11

     715         (26,812

Strike Price USD 26, Expires 9/19/11

     100         (3,300

Comerica, Inc.:

     

Strike Price USD 35, Expires 8/22/11

     440         (4,180

Strike Price USD 36, Expires 8/22/11

     440         (2,420

ConAgra Foods, Inc., Strike Price USD 27, Expires 9/19/11

     1,420         (42,600

Corning, Inc.:

     

Strike Price USD 18, Expires 8/22/11

     1,000         (6,500

Strike Price USD 17, Expires 8/22/11

     690         (12,075

Strike Price USD 18, Expires 9/19/11

     810         (11,745

CVS Caremark Corp., Strike Price USD 38, Expires 8/22/11

     980         (40,180

eBay, Inc.:

     

Strike Price USD 30, Expires 8/22/11

     590         (179,950

Strike Price USD 33, Expires 8/22/11

     505         (48,480

Strike Price USD 32, Expires 8/22/11

     100         (15,250

EMC Corp.:

     

Strike Price USD 26, Expires 8/22/11

     980         (76,930

Strike Price USD 28, Expires 8/22/11

     330         (4,455

F5 Networks, Inc., Strike Price USD 105, Expires 9/19/11

     355         (84,490

FedEx Corp., Strike Price USD 92.25, Expires 8/26/11

     675         (47,023

Freeport-McMoRan Copper & Gold, Inc.:

     

Strike Price USD 50, Expires 8/22/11

     335         (132,325

Strike Price USD 55, Expires 8/22/11

     330         (39,930

Strike Price USD 60, Expires 9/19/11

     60         (4,560

General Electric Co., Strike Price USD 19, Expires 8/22/11

     1,110         (15,540

Google, Inc., Class A:

     

Strike Price USD 500, Expires 8/22/11

     75         (789,375

Strike Price USD 600, Expires 9/19/11

     72         (184,320

Halliburton Co.:

     

Strike Price USD 57.50, Expires 8/22/11

     50         (4,475

Strike Price USD 55, Expires 8/22/11

     860         (159,960

Huntsman Corp.:

     

Strike Price USD 20, Expires 8/22/11

     1,700         (76,500

Strike Price USD 21, Expires 9/19/11

     100         (4,000

iShares MSCI EAFE Index Fund, Strike Price USD 59, Expires 8/22/11

     950         (129,200

iShares MSCI Emerging Markets Index Fund, Strike Price USD 48, Expires 8/22/11

     2,620         (230,560

Johnson & Johnson, Strike Price USD 67, Expires 8/22/11

     560         (12,821

JPMorgan Chase & Co.:

     

Strike Price USD 42, Expires 8/22/11

     915         (56,730

Strike Price USD 43, Expires 9/19/11

     920         (71,760

KeyCorp, Strike Price USD 8.50, Expires 8/12/11

     1,750         (8,922

Laboratory Corp. of America Holdings:

     

Strike Price USD 97.50, Expires 8/22/11

     20         (500

Strike Price USD 100, Expires 8/22/11

     200         (2,500

 

         JULY 31, 2011   3


Schedule of Investments (continued)    BlackRock Global Opportunities Equity Trust (BOE)
   (Percentages shown are based on Net Assets)

 

     Contracts      Value  

Options Written

     

Exchange-Traded Call Options Written (continued)

     

Las Vegas Sands Corp., Strike Price USD 48, Expires 9/19/11

     930       $ (219,945

Liberty Global, Inc., Class A:

     

Strike Price USD 44, Expires 8/22/11

     295         (22,862

Strike Price USD 43, Expires 8/22/11

     295         (31,712

Strike Price USD 41, Expires 8/22/11

     570         (109,725

Merck & Co., Inc., Strike Price USD 36, Expires 8/22/11

     1,000         (7,973

MetLife, Inc., Strike Price USD 42, Expires 8/22/11

     1,065         (111,292

National Oilwell Varco, Inc., Strike Price USD 75, Expires 8/22/11

     585         (390,488

News Corp., Class A:

     

Strike Price USD 16, Expires 8/22/11

     1,020         (71,400

Strike Price USD 17, Expires 8/22/11

     1,300         (39,000

NII Holdings, Inc.:

     

Strike Price USD 42, Expires 8/22/11

     285         (39,188

Strike Price USD 43, Expires 8/22/11

     285         (24,938

NIKE, Inc., Class B, Strike Price USD 92.50, Expires 9/19/11

     470         (97,290

Norfolk Southern Corp., Strike Price USD 72.50, Expires 8/22/11

     700         (269,500

Occidental Petroleum Corp., Strike Price USD 110, Expires 8/22/11

     360         (9,180

PepsiCo, Inc.:

     

Strike Price USD 70, Expires 8/22/11

     330         (1,155

Strike Price USD 67.50, Expires 9/19/11

     830         (21,165

Pfizer, Inc., Strike Price USD 20, Expires 8/22/11

     920         (15,180

PPL Corp.:

     

Strike Price USD 27.85, Expires 8/22/11

     750         (32,145

Strike Price USD 27.85, Expires 9/06/11

     750         (36,746

The Procter & Gamble Co., Strike Price USD 65, Expires 8/22/11

     1,070         (12,840

Rowan Companies, Inc.:

     

Strike Price USD 37, Expires 8/22/11

     600         (172,500

Strike Price USD 39, Expires 8/22/11

     600         (96,000

Royal Dutch Shell Plc, Class A - ADR:

     

Strike Price USD 70, Expires 8/22/11

     300         (111,000

Strike Price USD 75, Expires 9/19/11

     50         (6,000

SAP AG - ADR:

     

Strike Price USD 61.50, Expires 8/02/11

     190         (22,460

Strike Price USD 61, Expires 8/12/11

     380         (82,131

Strike Price USD 60, Expires 8/22/11

     185         (63,825

Strike Price USD 65, Expires 8/22/11

     30         (2,250

Schlumberger Ltd.:

     

Strike Price USD 90, Expires 8/22/11

     310         (94,550

Strike Price USD 90, Expires 9/19/11

     310         (134,850

Sprint Nextel Corp., Strike Price USD 5.50, Expires 8/22/11

     5,115         (10,230

Suncor Energy, Inc.:

     

Strike Price USD 41, Expires 8/22/11

     105         (3,360

Strike Price USD 40, Expires 8/22/11

     610         (33,550

Strike Price USD 41, Expires 9/19/11

     105         (8,348

Terex Corp., Strike Price USD 28, Expires 8/22/11

     265         (2,650

Texas Instruments, Inc., Strike Price USD 32, Expires 8/22/11

     840         (11,760

Verizon Communications, Inc., Strike Price USD 38, Expires 8/22/11

     940         (3,760

VimpelCom Ltd. - ADR, Strike Price USD 13.50, Expires 8/22/11

     810         (5,475

Vodafone Group Plc - ADR:

     

Strike Price USD 27, Expires 8/22/11

     980         (132,300

Strike Price USD 26, Expires 8/29/11

     1,220         (256,200

Weatherford International Ltd.:

     

Strike Price USD 20, Expires 8/22/11

     150         (32,625

Strike Price USD 18, Expires 8/22/11

     1,970         (792,925

Whole Foods Market, Inc., Strike Price USD 65, Expires 8/22/11

     575         (179,688

Yandex NV:

     

Strike Price USD 34, Expires 8/22/11

     290         (70,325

Strike Price USD 36, Expires 8/22/11

     300         (42,000

Strike Price USD 38, Expires 9/19/11

     30         (4,725
     

 

 

 

Total Exchange-Traded Call Options Written

        (8,126,700
     

 

 

 

Exchange-Traded Put Options Written – (0.0)%

     

Cisco Systems, Inc., Strike Price USD 16, Expires 10/24/11

     1,850         (185,925
     

 

 

 

Over-the-Counter Call Options Written – (0.9)%

     

Accenture Plc, Strike Price USD 60.22, Expires 9/09/11, Broker Deutsche Bank Securities Corp.

     67,000         (99,602

Adecco SA, Strike Price CHF 51.01, Expires 9/13/11, Broker Morgan Stanley & Co., Inc.

     89,500         (86,373

Aegon NV:

     

Strike Price EUR 4.50, Expires 8/03/11, Broker UBS Securities LLC

     266,200         (604

Strike Price EUR 4.29, Expires 9/06/11, Broker Societe General Securities Corp.

     206,000         (19,930

Afren Plc:

     

Strike Price GBP 1.48, Expires 8/03/11, Broker Societe General Securities Corp.

     554,000         (382

Strike Price GBP 1.64, Expires 8/17/11, Broker Morgan Stanley & Co., Inc.

     505,400         (713

AIA Group Ltd., Strike Price HKD 27.38, Expires 8/02/11, Broker BNP Paribas

     1,392,000         (228,435

Akzo Nobel NV, Strike Price EUR 42.30, Expires 9/13/11, Broker Societe General Securities Corp.

     67,000         (132,944

Allergan, Inc.:

     

Strike Price USD 82.17, Expires 8/12/11, Broker Deutsche Bank Securities Corp.

     34,000         (40,085

Strike Price USD 84.39, Expires 9/12/11, Broker Deutsche Bank Securities Corp.

     23,500         (33,845

Anheuser-Busch InBev NV, Strike Price EUR 40.21, Expires 8/04/11, Broker Citigroup Global Markets, Inc.

     93,500         (46,270

Antofagasta Plc:

     

Strike Price GBP 14.26, Expires 8/17/11, Broker Morgan Stanley & Co., Inc.

     100,000         (55,902

Strike Price GBP 14.26, Expires 9/06/11, Broker Morgan Stanley & Co., Inc.

     100,000         (84,982

ASML Holding NV, Strike Price EUR 26.19, Expires 9/21/11, Broker Citigroup Global Markets, Inc.

     99,000         (69,135

 

4        JULY 31, 2011    


Schedule of Investments (continued)    BlackRock Global Opportunities Equity Trust (BOE)
   (Percentages shown are based on Net Assets)

 

     Contracts      Value  

Options Written

     

Over-the-Counter Call Options Written (continued)

     

Banco Bradesco SA - ADR:

     

Strike Price BRL 30.53, Expires 8/25/11, Broker Credit Suisse First Boston

     126,000       $ (26,726

Strike Price USD 19.79, Expires 8/29/11, Broker Goldman Sachs & Co.

     104,000         (39,657

Bankers Petroleum Ltd.:

     

Strike Price CAD 7, Expires 8/22/11, Broker T.D. Securities

     2,150         (7,876

Strike Price CAD 7.50, Expires 8/22/11, Broker T.D. Securities

     1,070         (3,360

Strike Price CAD 6.12, Expires 9/08/11, Broker Deutsche Bank Securities Corp.

     107,000         (35,470

Barclays Plc - ADR:

     

Strike Price USD 16.93, Expires 8/05/11, Broker Credit Suisse First Boston

     110,000         (117

Strike Price USD 17.10, Expires 8/05/11, Broker Credit Suisse First Boston

     110,000         (67

BASF SE, Strike Price EUR 65.45, Expires 8/03/11, Broker UBS Securities LLC

     57,900         (11,433

Baxter International, Inc., Strike Price USD 60.33, Expires 9/12/11, Broker UBS Securities LLC

     36,000         (27,443

Bayerische Motoren Werke AG:

     

Strike Price EUR 68.30, Expires 8/03/11, Broker Morgan Stanley & Co., Inc.

     7,500         (19,977

Strike Price EUR 72, Expires 8/19/11, Broker Morgan Stanley & Co., Inc.

     40         (7,048

Strike Price EUR 71.54, Expires 9/06/11, Broker Citigroup Global Markets, Inc.

     46,100         (123,425

Bellway Plc:

     

Strike Price GBP 7.09, Expires 8/03/11, Broker Citigroup Global Markets, Inc.

     38,000         (29

Strike Price GBP 7.21, Expires 8/17/11, Broker Citigroup Global Markets, Inc.

     30,500         (520

BG Group Plc, Strike Price GBP 14.42, Expires 9/06/11, Broker Societe General Securities Corp.

     144,200         (105,319

BM&FBOVESPA SA:

     

Strike Price BRL 10.55, Expires 8/11/11, Broker Credit Suisse First Boston

     504,500         (378

Strike Price BRL 10.04, Expires 9/14/11, Broker Credit Suisse First Boston

     100,000         (7,262

BNP Paribas, Strike Price EUR 47.65, Expires 9/13/11, Broker Citigroup Global Markets, Inc.

     43,000         (92,070

Bridgestone Corp., Strike Price JPY 1,835.17, Expires 8/16/11, Broker Morgan Stanley & Co., Inc.

     211,000         (244,554

Bristol-Myers Squibb Co., Strike Price USD 29.50, Expires 8/25/11, Broker Morgan Stanley & Co., Inc.

     123,500         (27,562

Bwin.Party Digital Entertainment Plc, Strike Price GBP 1.50, Expires 8/17/11, Broker Citigroup Global Markets, Inc.

     253,000         (13,441

Carlsberg A/S, Class B, Strike Price DKK 556.03, Expires 8/03/11, Broker UBS Securities LLC

     30,400           

Celgene Corp., Strike Price USD 60.44, Expires 9/14/11, Broker Goldman Sachs & Co.

     29,500         (53,489

Cheung Kong Holdings Ltd.:

     

Strike Price HKD 110.09, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.

     145,000         (164,590

Strike Price HKD 111.10, Expires 8/16/11, Broker Morgan Stanley & Co., Inc.

     118,000         (118,840

China Construction Bank Corp., H Shares, Strike Price HKD 6.48, Expires 8/16/11, Broker Morgan Stanley & Co., Inc.

     5,158,000         (48,861

China Merchants Bank Co. Ltd., H Shares, Strike Price HKD 18.96, Expires 8/16/11, Broker JPMorgan Chase Securities

     1,105,500         (35,871

China Resources Enterprise Ltd.:

     

Strike Price HKD 30.45, Expires 8/02/11, Broker Deutsche Bank Securities Corp.

     590,000         (253,102

Strike Price HKD 33.44, Expires 9/07/11, Broker Morgan Stanley & Co., Inc.

     344,000         (48,531

China Unicom Hong Kong Ltd., Strike Price HKD 15.39, Expires 8/02/11, Broker BNP Paribas

     1,416,000         (62,640

Cie Financiere Richemont SA:

     

Strike Price CHF 56, Expires 8/19/11, Broker UBS Securities LLC

     50         (577

Strike Price CHF 53.43, Expires 9/13/11, Broker Citigroup Global Markets, Inc.

     49,400         (59,281

CIMB Group Holdings Bhd, Strike Price MYR 9.06, Expires 8/16/11, Broker Deutsche Bank Securities Corp.

     1,611,000         (16

Comcast Corp., Strike Price USD 24, Expires 8/08/11, Broker Barclays Capital, Inc.

     188,000         (85,566

Continental AG, Strike Price EUR 68.26, Expires 8/03/11, Broker Citigroup Global Markets, Inc.

     35,000         (98,844

Corio NV - REIT, Strike Price EUR 43.48, Expires 9/13/11, Broker Morgan Stanley & Co., Inc.

     22,600         (18,138

Daikin Industries Ltd., Strike Price JPY 2,916.88, Expires 8/16/11, Broker BNP Paribas

     130,000         (17,734

Danone:

     

Strike Price EUR 53.10, Expires 8/17/11, Broker Morgan Stanley & Co., Inc.

     38,500         (1,611

Strike Price EUR 52, Expires 8/19/11, Broker UBS Securities LLC

     50         (2,002

Darden Restaurants, Inc., Strike Price USD 53.78, Expires 8/11/11, Broker Citigroup Global Markets, Inc.

     71,800         (9,378

Dena Co. Ltd., Strike Price JPY 3,464.69, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.

     74,000         (354,956

DnB NOR ASA, Strike Price NOK 79.61, Expires 8/17/11, Broker Citigroup Global Markets, Inc.

     221,000         (42,567

Dover Corp., Strike Price USD 62.72, Expires 8/08/11, Broker Goldman Sachs & Co.

     104,000         (40,942

The Dow Chemical Co., Strike Price USD 35.14, Expires 8/03/11, Broker Goldman Sachs & Co.

     112,000         (38,726

 

         JULY 31, 2011   5


Schedule of Investments (continued)    BlackRock Global Opportunities Equity Trust (BOE)
   (Percentages shown are based on Net Assets)

 

     Contracts      Value  

Options Written

     

Over-the-Counter Call Options Written (continued)

     

Erste Group Bank AG, Strike Price EUR 34.35, Expires 8/03/11, Broker UBS Securities LLC

     46,400       $ (10,922

Exelon Corp., Strike Price USD 43.10, Expires 9/09/11, Broker Deutsche Bank Securities Corp.

     96,500         (137,282

Exxon Mobil Corp.:

     

Strike Price USD 79.80, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.

     85,000         (51,133

Strike Price USD 83.37, Expires 9/09/11, Broker Morgan Stanley & Co., Inc.

     57,000         (46,718

Federal Realty Investment Trust, Strike Price USD 87.60, Expires 8/08/11, Broker UBS Securities LLC

     43,000         (52,091

First Financial Holding Co. Ltd., Strike Price TWD 21.92, Expires 8/16/11, Broker Deutsche Bank Securities Corp.

     4,312,822         (97,944

First Quantum Minerals Ltd., Strike Price CAD 135, Expires 8/22/11, Broker T.D. Securities

     285         (172,262

Fomento Economico Mexicano SAB de CV - ADR:

     

Strike Price USD 63.27, Expires 8/05/11, Broker Morgan Stanley & Co., Inc.

     16,000         (145,648

Strike Price USD 73.02, Expires 8/30/11, Broker Goldman Sachs & Co.

     27,000         (38,456

Fresenius Medical Care AG & Co. KGaA:

     

Strike Price EUR 51.02, Expires 8/04/11, Broker UBS Securities LLC

     11,200         (39,095

Strike Price EUR 55.31, Expires 9/13/11, Broker UBS Securities LLC

     34,300         (36,351

General Electric Co.:

     

Strike Price USD 18.90, Expires 8/30/11, Broker Citigroup Global Markets, Inc.

     111,000         (23,366

Strike Price USD 19.06, Expires 9/08/11, Broker UBS Securities LLC

     110,000         (22,756

GlaxoSmithKline Plc, Strike Price GBP 13.66, Expires 8/17/11, Broker Citigroup Global Markets, Inc.

     108,000         (26,201

Grupo Modelo SAB de CV, Series C:

     

Strike Price MXN 71.74, Expires 8/04/11, Broker Deutsche Bank Securities Corp.

     127,000         (12,029

Strike Price MXN 70.66, Expires 8/11/11, Broker Credit Suisse First Boston

     127,000         (23,845

Strike Price MXN 73.21, Expires 9/14/11, Broker Banc of America Securities

     127,000         (18,414

GS Engineering & Construction Corp., Strike Price KRW 129,603.20, Expires 8/16/11, Broker Deutsche Bank Securities Corp.

     41,800         (28,850

Henry Schein, Inc., Strike Price USD 73.82, Expires 9/09/11, Broker Deutsche Bank Securities Corp.

     54,000         (18,835

HJ Heinz Co., Strike Price USD 54, Expires 8/18/11, Broker Goldman Sachs & Co.

     88,500         (12,301

Hong Kong Exchanges and Clearing Ltd., Strike Price HKD 164.13, Expires 8/16/11, Broker JPMorgan Chase Securities

     152,000         (32,468

HSBC Holdings Plc:

     

Strike Price GBP 6.12, Expires 8/04/11, Broker Citigroup Global Markets, Inc.

     225,000         (3,473

Strike Price GBP 6.29, Expires 8/17/11, Broker Deutsche Bank Securities Corp.

     588,000         (15,365

Hyundai Engineering & Construction Co. Ltd.:

     

Strike Price KRW 85,223.80, Expires 8/02/11, Broker Deutsche Bank Securities Corp.

     64,200         (106,653

Strike Price KRW 85,951, Expires 8/02/11, Broker Deutsche Bank Securities Corp.

     27,700         (34,310

ING Groep NV:

     

Strike Price EUR 8.05, Expires 8/03/11, Broker UBS Securities LLC

     137,600         (2,452

Strike Price EUR 8.01, Expires 9/06/11, Broker Societe General Securities Corp.

     132,000         (35,170

ITOCHU Corp., Strike Price JPY 827.90, Expires 8/16/11, Broker Morgan Stanley & Co., Inc.

     639,000         (501,383

Japan Tobacco, Inc., Strike Price JPY 309,795.15, Expires 8/16/11, Broker Deutsche Bank Securities Corp.

     1,070         (544,974

Julius Baer Group Ltd., Strike Price CHF 33.90, Expires 8/03/11, Broker Deutsche Bank Securities Corp.

     42,000         (12,834

K+S AG, Strike Price EUR 52.68, Expires 8/04/11, Broker UBS Securities LLC

     63,000         (259,782

Kabel Deutschland Holding AG:

     

Strike Price EUR 43.53, Expires 8/03/11, Broker UBS Securities LLC

     36,200         (9

Strike Price EUR 42.76, Expires 8/25/11, Broker Barclays Capital, Inc.

     29,700         (8,940

Strike Price EUR 39.60, Expires 9/13/11, Broker Morgan Stanley & Co., Inc.

     14,000         (28,177

Kazakhmys Plc, Strike Price GBP 13.60, Expires 9/13/11, Broker UBS Securities LLC

     113,000         (106,267

KeyCorp, Strike Price USD 8.09, Expires 8/30/11, Broker Citigroup Global Markets, Inc.

     175,000         (45,500

Kia Motors Corp., Strike Price KRW 68,888.06, Expires 8/02/11, Broker Deutsche Bank Securities Corp.

     74,500         (601,650

KT Corp. - ADR:

     

Strike Price USD 18.33, Expires 8/05/11, Broker Deutsche Bank Securities Corp.

     43,000         (61,404

Strike Price USD 18.70, Expires 8/12/11, Broker Morgan Stanley & Co., Inc.

     51,500         (56,828

Strike Price USD 19.13, Expires 8/30/11, Broker Deutsche Bank Securities Corp.

     71,000         (65,878

Lukoil OAO - ADR:

     

Strike Price USD 63.13, Expires 8/04/11, Broker Morgan Stanley & Co., Inc.

     33,200         (121,844

Strike Price USD 65.75, Expires 9/13/11, Broker UBS Securities LLC

     15,600         (42,639

 

6        JULY 31, 2011    


Schedule of Investments (continued)    BlackRock Global Opportunities Equity Trust (BOE)
   (Percentages shown are based on Net Assets)

 

     Contracts      Value  

Options Written

     

Over-the-Counter Call Options Written (continued)

     

LVMH Moet Hennessy Louis Vuitton SA:

     

Strike Price EUR 130, Expires 8/19/11, Broker Morgan Stanley & Co., Inc.

     65       $ (20,231

Strike Price EUR 129.53, Expires 9/13/11, Broker Societe General Securities Corp.

     14,600         (73,494

Manulife Financial Corp., Strike Price CAD 16, Expires 8/22/11, Broker T.D. Securities

     2,200         (39,144

Marubeni Corp., Strike Price JPY 537.75, Expires 8/16/11, Broker Morgan Stanley & Co., Inc.

     535,000         (283,183

Merck KGaA:

     

Strike Price EUR 74.58, Expires 8/03/11, Broker UBS Securities LLC

     37,000         (22,616

Strike Price EUR 77.74, Expires 9/13/11, Broker Citigroup Global Markets, Inc.

     9,800         (10,974

Metro AG, Strike Price EUR 39.94, Expires 9/06/11, Broker Societe General Securities Corp.

     48,500         (47,223

Mitsubishi Chemical Holdings Corp., Strike Price JPY 567.06, Expires 8/16/11, Broker Deutsche Bank Securities Corp.

     424,000         (191,085

Nabtesco Corp., Strike Price JPY 2,033.94, Expires 8/16/11, Broker UBS Securities LLC

     185,000         (49,105

Naspers Ltd., N Shares, Strike Price ZAR 381.78, Expires 8/17/11, Broker Deutsche Bank Securities Corp.

     52,100         (18,382

Newcrest Mining Ltd., Strike Price AUD 37.44, Expires 8/16/11, Broker Citigroup Global Markets, Inc.

     111,000         (293,700

Occidental Petroleum Corp., Strike Price USD 107.19, Expires 9/06/11, Broker Goldman Sachs & Co.

     16,500         (16,224

ORIX Corp., Strike Price JPY 7,683.66, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.

     36,500         (297,680

Panaust Ltd., Strike Price AUD 3.97, Expires 9/07/11, Broker Citigroup Global Markets, Inc.

     520,300         (172,167

Pandora A/S:

     

Strike Price DKK 162.06, Expires 8/03/11, Broker UBS Securities LLC

     11,300         (2,441

Strike Price DKK 161.61, Expires 9/13/11, Broker UBS Securities LLC

     44,800         (90,042

Petrominerales Ltd.:

     

Strike Price CAD 29.31, Expires 8/11/11, Broker Deutsche Bank Securities Corp.

     69,000         (119,000

Strike Price CAD 28, Expires 9/19/11, Broker T.D. Securities

     450         (163,666

Pfizer, Inc., Strike Price USD 21.50, Expires 8/04/11, Broker Deutsche Bank Securities Corp.

     92,000         (12

Roche Holding AG, Strike Price CHF 137.29, Expires 9/06/11, Broker UBS Securities LLC

     36,000         (229,248

Royal Dutch Shell Plc, Class A - ADR:

     

Strike Price USD 72.91, Expires 8/24/11, Broker Morgan Stanley & Co., Inc.

     66,000         (117,580

Strike Price USD 71.58, Expires 9/01/11, Broker Goldman Sachs & Co.

     26,000         (71,107

Samsung Electronics Co. Ltd., Strike Price KRW 856,422.43, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.

     7,500         (29,274

SMC Corp., Strike Price JPY 14,277.50, Expires 8/16/11, Broker Deutsche Bank Securities Corp.

     24,500         (95,879

Softbank Corp., Strike Price JPY 3,065.10, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.

     118,000         (21,857

SPX Corp., Strike Price USD 81.45, Expires 8/16/11, Broker Deutsche Bank Securities Corp.

     74,500         (35,992

Stanley Black & Decker, Inc., Strike Price USD 73.43, Expires 8/18/11, Broker Citigroup Global Markets, Inc.

     47,700         (3,594

Straits Asia Resources Ltd., Strike Price SGD 3.11, Expires 9/07/11, Broker Morgan Stanley & Co., Inc.

     1,508,000         (122,037

Subsea 7 SA:

     

Strike Price NOK 140.50, Expires 8/17/11, Broker Morgan Stanley & Co., Inc.

     140,500         (117,741

Strike Price NOK 142.29, Expires 9/06/11, Broker Morgan Stanley & Co., Inc.

     24,000         (22,930

Sumitomo Electric Industries Ltd., Strike Price JPY 1,136.91, Expires 8/02/11, Broker Deutsche Bank Securities Corp.

     305,000         (70,559

Sumitomo Mitsui Financial Group, Inc., Strike Price JPY 2,451.27, Expires 8/16/11, Broker Morgan Stanley & Co., Inc.

     102,000         (49,377

Taylor Wimpey Plc, Strike Price GBP 0.37, Expires 8/03/11, Broker Societe General Securities Corp.

     1,319,000         (4,624

Technip SA:

     

Strike Price EUR 70.42, Expires 8/04/11, Broker UBS Securities LLC

     20,100         (167,117

Strike Price EUR 76.61, Expires 9/13/11, Broker Societe General Securities Corp.

     29,000         (104,968

Telefonica SA:

     

Strike Price EUR 16.37, Expires 8/03/11, Broker Citigroup Global Markets, Inc.

     124,000         (9

Strike Price EUR 16.62, Expires 8/17/11, Broker Citigroup Global Markets, Inc.

     124,500         (2,006

Texas Instruments, Inc., Strike Price USD 31.17, Expires 9/13/11, Broker Credit Suisse First Boston

     30,000         (13,184

The Toronto-Dominion Bank, Strike Price CAD 78.91, Expires 8/26/11, Broker Deutsche Bank Securities Corp.

     33,500         (19,794

Tullow Oil Plc, Strike Price GBP 12.30, Expires 8/04/11, Broker Credit Suisse First Boston

     120,000         (27,936

UBS AG, Strike Price CHF 14.05, Expires 9/13/11, Broker Citigroup Global Markets, Inc.

     115,000         (38,204

Unibail-Rodamco SE - REIT, Strike Price EUR 155.61, Expires 8/03/11, Broker Citigroup Global Markets, Inc.

     18,700         (23,403

VimpelCom Ltd. - ADR:

     

Strike Price USD 13.31, Expires 8/12/11, Broker Morgan Stanley & Co., Inc.

     41,000         (2,024

Strike Price USD 12.12, Expires 9/08/11, Broker Deutsche Bank Securities Corp.

     40,000         (18,767

Volkswagen AG, Preference Shares, Strike Price EUR 149.53, Expires 9/06/11, Broker Morgan Stanley & Co., Inc.

     26,500         (84,090

 

         JULY 31, 2011   7


Schedule of Investments (continued)    BlackRock Global Opportunities Equity Trust (BOE)
   (Percentages shown are based on Net Assets)

 

      Contracts      Value  

Options Written

     

Over-the-Counter Call Options Written (concluded)

     

Wharf Holdings Ltd., Strike Price HKD 52.71, Expires 8/02/11, Broker Morgan Stanley & Co., Inc.

     636,000       $ (372,718

WPP Plc, Strike Price GBP 7.45, Expires 9/06/11, Broker Societe General Securities Corp.

     168,000         (15,599

Xstrata Plc:

     

Strike Price GBP 12.74, Expires 8/03/11, Broker Citigroup Global Markets, Inc.

     37,000         (17,331

Strike Price GBP 14, Expires 8/19/11, Broker UBS Securities LLC

     80         (9,533

Strike Price GBP 13.98, Expires 9/06/11, Broker Citigroup Global Markets, Inc.

     190,000         (46,699
     

 

 

 

Total Over-the-Counter Call Options Written

        (10,817,247
     

 

 

 

Over-the-Counter Put Options Written – (0.0)%

     

Xstrata Plc, Strike Price GBP 13.50, Expires 8/19/11, Broker UBS Securities LLC

     44         (61,095
     

 

 

 

Total Options Written (Premiums Received – $19,936,410) – (1.5)%

        (19,190,967
     

 

 

 

Total Investments Net of Outstanding Options Written – 99.2%

        1,259,485,129   

Other Assets Less Liabilities – 0.8%

        10,424,871   
     

 

 

 

Net Assets – 100.0%

      $ 1,269,910,000   
     

 

 

 

 

* The cost and unrealized appreciation (depreciation) of investments as of July 31, 2011 as computed for federal income tax purposes, were as follows:

 

Aggregate cost

   $ 1,252,447,187   
  

 

 

 

Gross unrealized appreciation

   $ 83,060,227   

Gross unrealized depreciation

     (56,831,318
  

 

 

 

Net unrealized appreciation

   $ 26,228,909   
  

 

 

 

 

(a) Non-income producing security.
(b) All or a portion of security has been pledged/segregated as collateral in connection with outstanding options written.
(c) Security, or a portion of security, is on loan.
(d) Investments in companies considered to be an affiliate of the Trust during the period, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliate

   Shares/
Beneficial Interest
Held at
October 31,

2010
     Net
Activity
     Shares/
Beneficial Interest
Held at

July 31,
2011
     Realized
Gain
     Income  

BlackRock Liquidity Funds, TempFund, Institutional Class

     42,426,566         18,147,213         60,573,779       $ 188       $ 29,794   

iShares MSCI EAFE Index Fund

             95,000         95,000               $ 108,394   

iShares MSCI Emerging Markets Index Fund

             262,000         262,000       $ 30,109       $ 201,128   

BlackRock Liquidity Series, LLC Money Market Series

           $ 841,500       $ 841,500               $ 6,542   

 

(e) Represents the current yield as of report date.
(f) Security purchased with the cash collateral from securities loans.

 

 

Foreign currency exchange contracts as of July 31, 2011 were as follows:

 

Currency

Purchased

    

Currency

Sold

    

Counterparty

   Settlement
Date
     Unrealized
Appreciation
 

USD

     714,083       EUR      496,000      

Deutsche Bank Securities Corp.

     8/03/11       $ 1,426   

USD

     80,716       HKD      629,000       UBS Securities LLC      8/02/11         10   
                 

 

 

 

Total

  

               $ 1,436   
                 

 

 

 

 

 

Fair Value Measurements – Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs are categorized in three broad levels for financial reporting purposes as follows:

 

   

Level 1 – price quotations in active markets/exchanges for identical assets and liabilities

 

   

Level 2 – other observable inputs (including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

 

   

Level 3 – unobservable inputs based on the best information available In the circumstances, to the extent observable inputs are not available (including the Trust’s own assumptions used in determining the fair value of investments and derivative financial instruments)

 

8        JULY 31, 2011    


Schedule of Investments (concluded)    BlackRock Global Opportunities Equity Trust (BOE)
  

 

The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument and does not necessarily correspond to the Trust’s perceived risk of investing in those securities. For information about the Trust’s policy regarding valuation of investments and derivative financial instruments and other significant accounting policies, please refer to the Trust’s most recent financial statements as contained in its semi-annual report. The following tables summarize the inputs used as of July 31, 2011 in determining the fair valuation of the Trust’s investments and derivative financial instruments:

 

Valuation Inputs

   Level 1     Level 2     Level 3      Total  

Assets:

         

Investments:

         

Long-Term Investments:

         

Common Stocks:

         

Australia

          $ 13,047,763              $ 13,047,763   

Austria

            4,030,429                4,030,429   

Belgium

            9,784,314                9,784,314   

Brazil

   $ 22,256,303                       22,256,303   

British Virgin

         

Islands

     1,724,310                       1,724,310   

Canada

     35,621,130                       35,621,130   

China

     1,069,834        12,309,770                13,379,604   

Denmark

     2,920,497        5,422,205                8,342,702   

France

            32,843,013                32,843,013   

Germany

     8,581,375        72,448,161                81,029,536   

Gibraltar

            1,015,452                1,015,452   

Hong Kong

            37,954,279                37,954,279   

India

            8,677,351                8,677,351   

Indonesia

            6,163,224                6,163,224   

Ireland

     7,215,080        3,456,722                10,671,802   

Japan

            114,120,599                114,120,599   

Malaysia

            5,980,590                5,980,590   

Mexico

     9,954,329                       9,954,329   

Netherlands

     23,599,273        26,603,608                50,202,881   

Norway

            13,696,565                13,696,565   

Russia

     5,956,205                       5,956,205   

Singapore

            4,885,660                4,885,660   

South Africa

            5,073,532                5,073,532   

South Korea

     5,957,640        57,230,589                63,188,229   

Spain

            10,081,604                10,081,604   

Switzerland

     5,850,448        45,439,888                51,290,336   

Taiwan

     6,374,903                       6,374,903   

Thailand

            21,233,077                21,233,077   

United Kingdom

     18,394,478        49,618,212                68,012,690   

United States

     482,664,098                       482,664,098   

Exchange-Traded Funds

     17,925,050                       17,925,050   

Rights

     79,257                       79,257   

Short-Term Securities

     60,573,779        841,500                61,415,279   
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

   $ 716,717,989      $ 561,958,107              $ 1,278,676,096   
  

 

 

   

 

 

   

 

 

    

 

 

 

Derivative Financial Instruments1

         

Assets:

         

Foreign currency exchange contracts

   $ 1,436                     $ 1,436   

Liabilities:

         

Equity contracts

     (8,129,353   $ (11,061,614             (19,190,967
  

 

 

   

 

 

   

 

 

    

 

 

 

Total

   $ (8,127,917   $ (11,061,614           $ (19,189,531
  

 

 

   

 

 

   

 

 

    

 

 

 

 

1 

Derivative financial instruments are foreign currency exchange contracts and options. Foreign currency exchange contracts are valued at the unrealized appreciation/depreciation on the instrument and options are shown at value.

 

         JULY 31, 2011   9


Item 2       Controls and Procedures
2(a)       The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.
2(b)       There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 3       Exhibits

Certifications – Attached hereto


Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

BlackRock Global Opportunities Equity Trust

   
By:  

/s/ John M. Perlowski

   
  John M. Perlowski    
 

Chief Executive Officer (principal executive officer) of

BlackRock Global Opportunities Equity Trust

 

Date: September 26, 2011

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:  

/s/ John M. Perlowski

   
  John M. Perlowski    
 

Chief Executive Officer (principal executive officer) of

BlackRock Global Opportunities Equity Trust

 

Date: September 26, 2011

 

By:  

/s/ Neal J. Andrews

   
  Neal J. Andrews    
 

Chief Financial Officer (principal financial officer) of

BlackRock Global Opportunities Equity Trust

 

Date: September 26, 2011