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
Registrants telephone number, including area code: (800) 882-0052, Option 4
Date of fiscal year end: 10/31/2013
Date of reporting period: 01/31/2013
Item 1 Schedule of Investments
Schedule of Investments January 31, 2013 (Unaudited) |
BlackRock Global Opportunities Equity Trust (BOE) (Percentages shown are based on Net Assets) |
Portfolio Abbreviations |
||||||||
To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many securities havebeen abbreviated according to the following list: |
ADR | American Depositary Receipt | JPY | Japanese Yen | ||||
AUD | Australian Dollar | KRW | Korean Won | |||||
CAD | Canadian Dollar | MXN | Mexican New Peso | |||||
CHF | Swiss Franc | NVDR | Non-Voting Depository Receipt | |||||
EUR | Euro | REIT | Real Estate Investment Trust | |||||
GBP | British Pound | SEK | Swedish Krona | |||||
GDR | Global Depositary Receipt | TWD | Taiwan Dollar | |||||
HKD | Hong Kong Dollar | USD | US Dollar |
JANUARY 31, 2013 | 1 |
Schedule of Investments (continued) |
BlackRock Global Opportunities Equity Trust (BOE) (Percentages shown are based on Net Assets) |
Notes to Schedule of Investments |
* | As of January 31, 2013, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows: |
Tax cost |
$ | 1,019,415,200 | ||
|
|
|||
Gross unrealized appreciation |
$ | 119,962,203 | ||
Gross unrealized depreciation |
(45,943,740 | ) | ||
|
|
|||
Net unrealized appreciation |
$ | 74,018,463 | ||
|
|
2 | JANUARY 31, 2013 |
Schedule of Investments (continued) |
BlackRock Global Opportunities Equity Trust (BOE) |
(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) | Represents the current yield as of report date. |
(d) | Investments in issuers considered to be an affiliate of the Trust during the period ended January 31, 2013, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
|
||||||||||||||||||||
Affiliate | Shares Held at October 31, 2012 |
Net Activity |
Shares Held at January 31, 2013 |
Income | Realized Gain |
|||||||||||||||
|
||||||||||||||||||||
BlackRock Liquidity Funds, TempFund, Institutional Class |
54,961,782 | (177,039 | ) | 54,784,743 | $ | 16,399 | $ | 395 | ||||||||||||
|
| Foreign currency exchange contracts as of January 31, 2013 were as follows: |
|
||||||||||||||||||
Currency Purchased |
Currency Sold |
Counterparty | Settlement Date |
Unrealized Appreciation (Depreciation) |
||||||||||||||
|
||||||||||||||||||
USD | 765,558 | CHF | 705,686 | Deutsche Bank Securities Corp. | 2/01/13 | $ | (9,879 | ) | ||||||||||
USD | 7,782,347 | SEK | 49,574,707 | Deutsche Bank Securities Corp. | 2/01/13 | (15,055 | ) | |||||||||||
CHF | 627,863 | USD | 689,300 | UBS Securities LLC | 2/04/13 | 648 | ||||||||||||
GBP | 131,934 | USD | 209,458 | Citigroup Global Markets, Inc. | 2/04/13 | (216 | ) | |||||||||||
HKD | 18,667,481 | USD | 2,406,878 | UBS Securities LLC | 2/04/13 | 185 | ||||||||||||
SEK | 20,512,000 | USD | 3,220,372 | Citigroup Global Markets, Inc. | 2/04/13 | 5,615 | ||||||||||||
SEK | 26,857,000 | USD | 4,226,708 | Deutsche Bank Securities Corp. | 2/04/13 | (2,823 | ) | |||||||||||
USD | 2,851,069 | HKD | 22,115,000 | Citigroup Global Markets, Inc. | 2/04/13 | (532 | ) | |||||||||||
USD | 209,457 | GBP | 131,934 | Citigroup Global Markets, Inc. | 2/05/13 | 216 | ||||||||||||
USD | 4,755,564 | GBP | 2,996,990 | Deutsche Bank Securities Corp. | 2/05/13 | 2,486 | ||||||||||||
|
||||||||||||||||||
Total | $ | (19,355 | ) | |||||||||||||||
|
|
| Exchange-Traded options written as of January 31, 2013 were as follows: |
|
||||||||||||||||||||||||
Description | Put/ Call |
Strike Price |
Expiration Date |
Contracts | Market Value |
|||||||||||||||||||
|
||||||||||||||||||||||||
Facebook, Inc., Class A |
Call | USD | 32 | 2/01/13 | 670 | $ | (3,685 | ) | ||||||||||||||||
Baxter International, Inc. |
Call | USD | 66.50 | 2/04/13 | 460 | (61,702 | ) | |||||||||||||||||
International Business Machines Corp. |
Call | USD | 195 | 2/04/13 | 135 | (110,362 | ) | |||||||||||||||||
Danone SA |
Call | EUR | 50 | 2/15/13 | 50 | (10,217 | ) | |||||||||||||||||
Novartis AG |
Call | CHF | 58 | 2/15/13 | 700 | (297,356 | ) | |||||||||||||||||
eBay, Inc. |
Call | USD | 52.25 | 2/16/13 | 315 | (119,788 | ) | |||||||||||||||||
Air Products & Chemicals, Inc. |
Call | USD | 85 | 2/18/13 | 325 | (91,813 | ) | |||||||||||||||||
Axiall Corp. |
Call | USD | 55 | 2/18/13 | 450 | (112,500 | ) | |||||||||||||||||
Bank of America Corp. |
Call | USD | 11 | 2/18/13 | 3,485 | (156,825 | ) | |||||||||||||||||
Cabot Oil & Gas Corp. |
Call | USD | 50 | 2/18/13 | 760 | (235,600 | ) | |||||||||||||||||
Celgene Corp. |
Call | USD | 100 | 2/18/13 | 445 | (89,668 | ) | |||||||||||||||||
Citigroup, Inc. |
Call | USD | 38 | 2/18/13 | 650 | (274,625 | ) | |||||||||||||||||
Citigroup, Inc. |
Call | USD | 44 | 2/18/13 | 415 | (6,847 | ) | |||||||||||||||||
Comcast Corp., Class A |
Call | USD | 39 | 2/18/13 | 290 | (11,890 | ) | |||||||||||||||||
Comcast Corp., Class A |
Call | USD | 40 | 2/18/13 | 550 | (8,800 | ) | |||||||||||||||||
Comcast Corp., Class A |
Call | USD | 41 | 2/18/13 | 550 | (2,750 | ) | |||||||||||||||||
Detour Gold Corp. |
Call | CAD | 26 | 2/18/13 | 635 | (4,457 | ) | |||||||||||||||||
Detour Gold Corp. |
Call | CAD | 27 | 2/18/13 | 635 | (4,138 | ) | |||||||||||||||||
Facebook, Inc., Class A |
Call | USD | 28 | 2/18/13 | 720 | (226,800 | ) | |||||||||||||||||
Federal Realty Investment Trust - REIT |
Call | USD | 105 | 2/18/13 | 240 | (45,000 | ) | |||||||||||||||||
Google, Inc., Class A |
Call | USD | 730 | 2/18/13 | 105 | (300,825 | ) | |||||||||||||||||
JPMorgan Chase & Co. |
Call | USD | 44 | 2/18/13 | 118 | (37,170 | ) | |||||||||||||||||
Kraft Foods Group, Inc. |
Call | USD | 47.50 | 2/18/13 | 875 | (15,313 | ) | |||||||||||||||||
Rowan Cos. Plc, Class A |
Call | USD | 35 | 2/18/13 | 760 | (36,100 | ) |
JANUARY 31, 2013 | 3 |
Schedule of Investments (continued) |
BlackRock Global Opportunities Equity Trust (BOE) |
| Exchange-Traded options written as of January 31, 2013 were as follows: (concluded) |
|
||||||||||||||||||||||
Description | Put/ Call |
Strike Price |
Expiration Date |
Contracts | Market Value |
|||||||||||||||||
|
||||||||||||||||||||||
Whirlpool Corp. |
Call | USD | 105 | 2/18/13 | 375 | $ | (397,500 | ) | ||||||||||||||
Xilinx, Inc. |
Call | USD | 36 | 2/18/13 | 950 | (70,300 | ) | |||||||||||||||
Apple, Inc. |
Call | USD | 545 | 2/22/13 | 55 | (1,155 | ) | |||||||||||||||
Bank of America Corp. |
Call | USD | 11.50 | 2/22/13 | 512 | (11,264 | ) | |||||||||||||||
Bank of America Corp. |
Call | USD | 12 | 2/22/13 | 512 | (4,352 | ) | |||||||||||||||
FedEx Corp. |
Call | USD | 102 | 3/04/13 | 460 | (86,773 | ) | |||||||||||||||
Costco Wholesale Corp. |
Call | USD | 104 | 3/11/13 | 440 | (64,731 | ) | |||||||||||||||
Bank of America Corp. |
Call | USD | 11 | 3/18/13 | 2,535 | (164,775 | ) | |||||||||||||||
Barclays Plc - ADR |
Call | USD | 17 | 3/18/13 | 580 | (130,500 | ) | |||||||||||||||
Cameron International Corp. |
Call | USD | 60 | 3/18/13 | 500 | (220,000 | ) | |||||||||||||||
Cardinal Health, Inc. |
Call | USD | 45 | 3/18/13 | 555 | (29,137 | ) | |||||||||||||||
Citigroup, Inc. |
Call | USD | 42 | 3/18/13 | 550 | (85,250 | ) | |||||||||||||||
ConAgra Foods, Inc. |
Call | USD | 32 | 3/18/13 | 1,940 | (208,550 | ) | |||||||||||||||
DIRECTV |
Call | USD | 55 | 3/18/13 | 535 | (20,330 | ) | |||||||||||||||
Eastman Chemical Co. |
Call | USD | 72.50 | 3/18/13 | 390 | (72,150 | ) | |||||||||||||||
eBay, Inc. |
Call | USD | 55 | 3/18/13 | 765 | (179,775 | ) | |||||||||||||||
Express Scripts Holding Co. |
Call | USD | 57.50 | 3/18/13 | 550 | (30,250 | ) | |||||||||||||||
The Gap, Inc. |
Call | USD | 34 | 3/18/13 | 755 | (64,553 | ) | |||||||||||||||
Gilead Sciences, Inc. |
Call | USD | 40 | 3/18/13 | 605 | (67,155 | ) | |||||||||||||||
International Business Machines Corp. |
Call | USD | 210 | 3/18/13 | 53 | (4,002 | ) | |||||||||||||||
JPMorgan Chase & Co. |
Call | USD | 47 | 3/18/13 | 120 | (15,420 | ) | |||||||||||||||
Las Vegas Sands Corp. |
Call | USD | 49.75 | 3/18/13 | 180 | (111,600 | ) | |||||||||||||||
Linear Technology Corp. |
Call | USD | 37 | 3/18/13 | 725 | (50,750 | ) | |||||||||||||||
Oracle Corp. |
Call | USD | 35 | 3/18/13 | 1,195 | (137,425 | ) | |||||||||||||||
Owens Corning |
Call | USD | 42 | 3/18/13 | 1,265 | (205,563 | ) | |||||||||||||||
Pfizer, Inc. |
Call | USD | 27 | 3/18/13 | 550 | (39,050 | ) | |||||||||||||||
Smithfield Foods, Inc. |
Call | USD | 24 | 3/18/13 | 1,330 | (93,100 | ) | |||||||||||||||
United Rentals, Inc. |
Call | USD | 50 | 3/18/13 | 915 | (251,625 | ) | |||||||||||||||
Visa, Inc., Class A |
Call | USD | 150 | 3/18/13 | 185 | (174,362 | ) | |||||||||||||||
Xilinx, Inc. |
Call | USD | 37 | 3/18/13 | 300 | (19,050 | ) | |||||||||||||||
Google, Inc., Class A |
Call | USD | 750 | 3/21/13 | 30 | (62,711 | ) | |||||||||||||||
Ingersoll-Rand Plc |
Call | USD | 51.15 | 3/22/13 | 280 | (50,090 | ) | |||||||||||||||
Exxon Mobil Corp. |
Call | USD | 90.90 | 3/26/13 | 240 | (34,058 | ) | |||||||||||||||
Time Warner, Inc. |
Call | USD | 50.60 | 3/26/13 | 720 | (102,681 | ) | |||||||||||||||
Visa, Inc., Class A |
Call | USD | 160.25 | 3/26/13 | 180 | (59,601 | ) | |||||||||||||||
International Paper Co. |
Call | USD | 43 | 4/22/13 | 872 | (73,684 | ) | |||||||||||||||
Monsanto Co. |
Call | USD | 105 | 4/22/13 | 616 | (124,432 | ) | |||||||||||||||
Weyerhaeuser Co. - REIT |
Call | USD | 31 | 4/22/13 | 405 | (30,375 | ) | |||||||||||||||
|
||||||||||||||||||||||
Total |
$ | (5,812,310 | ) | |||||||||||||||||||
|
|
| Over-the-counter options written as of January 31, 2013 were as follows: |
|
||||||||||||||||||||||||
Description | Counterparty | Put/ Call |
Strike Price |
Expiration Date |
Contracts | Market Value |
||||||||||||||||||
|
||||||||||||||||||||||||
JPMorgan Chase & Co. |
Goldman Sachs & Co. | Call | USD | 41.65 | 2/04/13 | 32,500 | $ | (175,500 | ) | |||||||||||||||
Sandisk Corp. |
JPMorgan Chase Securities | Call | USD | 43.49 | 2/04/13 | 104,500 | (679,667 | ) | ||||||||||||||||
Afren Plc |
Goldman Sachs & Co. | Call | GBP | 1.32 | 2/05/13 | 336,000 | (62,879 | ) | ||||||||||||||||
Anheuser-Busch InBev NV |
Citigroup Global Markets, Inc. | Call | EUR | 66.23 | 2/05/13 | 11,800 | (518 | ) | ||||||||||||||||
Anheuser-Busch InBev NV |
Goldman Sachs & Co. | Call | EUR | 67.67 | 2/05/13 | 56,600 | (2,149 | ) | ||||||||||||||||
Aveva Group Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 20.45 | 2/05/13 | 20,000 | (36,801 | ) | ||||||||||||||||
AXA SA |
Banc of America Securities | Call | EUR | 13.00 | 2/05/13 | 282,200 | (245,614 | ) | ||||||||||||||||
BNP Paribas SA |
Morgan Stanley & Co., Inc. | Call | EUR | 45.54 | 2/05/13 | 61,100 | (93,970 | ) |
4 | JANUARY 31, 2013 |
Schedule of Investments (continued) |
BlackRock Global Opportunities Equity Trust (BOE) |
| Over-the-counter options written as of January 31, 2013 were as follows: (continued) |
|
||||||||||||||||||||||||||
Description | Counterparty | Put/ Call |
Strike Price |
Expiration Date |
Contracts | Market Value |
||||||||||||||||||||
|
||||||||||||||||||||||||||
Danone SA |
Morgan Stanley & Co., Inc. | Call | EUR | 51.39 | 2/05/13 | 61,600 | $ | (16,981 | ) | |||||||||||||||||
Deutsche Lufthansa AG |
Goldman Sachs & Co. | Call | EUR | 14.05 | 2/05/13 | 205,000 | (165,547 | ) | ||||||||||||||||||
Eni SpA |
Goldman Sachs & Co. | Call | EUR | 18.28 | 2/05/13 | 178,400 | (52,888 | ) | ||||||||||||||||||
Eni SpA |
Goldman Sachs & Co. | Call | EUR | 19.55 | 2/05/13 | 128,700 | (630 | ) | ||||||||||||||||||
Eurasia Drilling Co., Ltd. - GDR |
Deutsche Bank Securities Corp. | Call | USD | 32.74 | 2/05/13 | 24,000 | (123,813 | ) | ||||||||||||||||||
Fresnillo Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 19.77 | 2/05/13 | 116,500 | (2 | ) | ||||||||||||||||||
GAM Holding AG |
UBS Securities LLC | Call | CHF | 11.92 | 2/05/13 | 119,400 | (404,237 | ) | ||||||||||||||||||
GSW Immobilien AG |
Morgan Stanley & Co., Inc. | Call | EUR | 33.20 | 2/05/13 | 27,600 | (199 | ) | ||||||||||||||||||
Tullow Oil Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 12.37 | 2/05/13 | 70,500 | (23 | ) | ||||||||||||||||||
Tullow Oil Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 12.40 | 2/05/13 | 150,000 | (52 | ) | ||||||||||||||||||
Volkswagen AG, Preference Shares |
Morgan Stanley & Co., Inc. | Call | EUR | 172.15 | 2/05/13 | 27,400 | (380,661 | ) | ||||||||||||||||||
Liberty Global, Inc., Class A |
Citigroup Global Markets, Inc. | Call | USD | 60.88 | 2/06/13 | 56,500 | (418,887 | ) | ||||||||||||||||||
Arcos Dorados Holdings, Inc., Class A |
Goldman Sachs & Co. | Call | USD | 12.87 | 2/08/13 | 88,000 | (78,770 | ) | ||||||||||||||||||
Pfizer, Inc. |
Goldman Sachs & Co. | Call | USD | 25.66 | 2/08/13 | 272,000 | (440,640 | ) | ||||||||||||||||||
Hertz Global Holdings, Inc. |
Goldman Sachs & Co. | Call | USD | 16.34 | 2/11/13 | 180,000 | (351,676 | ) | ||||||||||||||||||
JPMorgan Chase & Co. |
Goldman Sachs & Co. | Call | USD | 41.65 | 2/11/13 | 32,500 | (175,500 | ) | ||||||||||||||||||
JPMorgan Chase & Co. |
Morgan Stanley & Co., Inc. | Call | USD | 43.46 | 2/11/13 | 47,000 | (168,730 | ) | ||||||||||||||||||
Rowan Cos. Plc, Class A |
Goldman Sachs & Co. | Call | USD | 33 | 2/11/13 | 76,000 | (120,388 | ) | ||||||||||||||||||
Vodafone Group Plc - ADR |
Morgan Stanley & Co., Inc. | Call | USD | 26.24 | 2/11/13 | 101,000 | (109,080 | ) | ||||||||||||||||||
Aveva Group Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 20.97 | 2/12/13 | 22,000 | (23,783 | ) | ||||||||||||||||||
Babcock International Group Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 9.93 | 2/12/13 | 49,300 | (35,298 | ) | ||||||||||||||||||
Babcock International Group Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 9.97 | 2/12/13 | 49,300 | (32,181 | ) | ||||||||||||||||||
British American Tobacco Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 32.81 | 2/12/13 | 127,300 | (65,136 | ) | ||||||||||||||||||
Eurasia Drilling Co., Ltd. - GDR |
Morgan Stanley & Co., Inc. | Call | USD | 35.35 | 2/12/13 | 24,000 | (63,672 | ) | ||||||||||||||||||
GAM Holding AG |
Goldman Sachs & Co. | Call | CHF | 12.48 | 2/12/13 | 103,000 | (286,246 | ) | ||||||||||||||||||
HSBC Holdings Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 6.50 | 2/12/13 | 497,300 | (528,140 | ) | ||||||||||||||||||
LVMH Moet Hennessy Louis Vuitton SA |
Citigroup Global Markets, Inc. | Call | EUR | 137.97 | 2/12/13 | 9,000 | (34,131 | ) | ||||||||||||||||||
LVMH Moet Hennessy Louis Vuitton SA |
Citigroup Global Markets, Inc. | Call | EUR | 140.99 | 2/12/13 | 7,700 | (12,098 | ) | ||||||||||||||||||
Becton Dickinson & Co. |
Goldman Sachs & Co. | Call | USD | 79.84 | 2/13/13 | 16,000 | (67,200 | ) | ||||||||||||||||||
Grupo Mexico SAB de CV, Series B |
Citigroup Global Markets, Inc. | Call | MXN | 47.01 | 2/13/13 | 454,500 | (32,229 | ) | ||||||||||||||||||
ITOCHU Corp. |
Citigroup Global Markets, Inc. | Call | JPY | 952.83 | 2/13/13 | 276,700 | (246,222 | ) | ||||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR |
Deutsche Bank Securities Corp. | Call | USD | 17.42 | 2/13/13 | 50,200 | (21,151 | ) | ||||||||||||||||||
Toyota Motor Corp. |
Citigroup Global Markets, Inc. | Call | JPY | 3,893.55 | 2/13/13 | 76,000 | (394,640 | ) | ||||||||||||||||||
Eastman Chemical Co. |
Morgan Stanley & Co., Inc. | Call | USD | 71.09 | 2/20/13 | 32,000 | (61,864 | ) | ||||||||||||||||||
Exxon Mobil Corp. |
Morgan Stanley & Co., Inc. | Call | USD | 89.13 | 2/20/13 | 42,000 | (71,753 | ) | ||||||||||||||||||
WisdomTree Investments, Inc. |
Deutsche Bank Securities Corp. | Call | USD | 6.43 | 2/21/13 | 88,500 | (196,819 | ) | ||||||||||||||||||
Axiall Corp. |
Deutsche Bank Securities Corp. | Call | USD | 42.50 | 2/22/13 | 15,500 | (212,040 | ) | ||||||||||||||||||
Dominion Resources, Inc. |
Credit Suisse First Boston | Call | USD | 54.21 | 2/22/13 | 38,000 | (19,727 | ) | ||||||||||||||||||
Eaton Plc |
Goldman Sachs & Co. | Call | USD | 56.74 | 2/25/13 | 80,000 | (90,866 | ) | ||||||||||||||||||
Glencore International Plc |
UBS Securities LLC | Call | GBP | 3.89 | 2/27/13 | 600,000 | (110,558 | ) | ||||||||||||||||||
Grupo Mexico SAB de CV, Series B |
UBS Securities LLC | Call | MXN | 48.02 | 2/27/13 | 240,600 | (14,509 | ) | ||||||||||||||||||
Rightmove Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 15.01 | 2/27/13 | 62,000 | (173,646 | ) | ||||||||||||||||||
Becton Dickinson & Co. |
Goldman Sachs & Co. | Call | USD | 82.23 | 2/28/13 | 36,500 | (92,772 | ) | ||||||||||||||||||
Eli Lilly & Co. |
Credit Suisse First Boston | Call | USD | 53.34 | 2/28/13 | 21,500 | (23,072 | ) | ||||||||||||||||||
Owens Corning |
Morgan Stanley & Co., Inc. | Call | USD | 40.19 | 2/28/13 | 43,000 | (84,391 | ) | ||||||||||||||||||
AIA Group Ltd. |
Morgan Stanley & Co., Inc. | Call | HKD | 30.44 | 3/04/13 | 1,891,000 | (213,302 | ) | ||||||||||||||||||
CSL Ltd. |
JPMorgan Chase Securities | Call | AUD | 52.61 | 3/04/13 | 37,300 | (116,030 | ) | ||||||||||||||||||
Hino Motors Ltd. |
Citigroup Global Markets, Inc. | Call | JPY | 847.22 | 3/04/13 | 288,000 | (365,150 | ) |
JANUARY 31, 2013 | 5 |
Schedule of Investments (continued) |
BlackRock Global Opportunities Equity Trust (BOE) |
| Over-the-counter options written as of January 31, 2013 were as follows: (continued) |
|
||||||||||||||||||||||||||
Description | Counterparty | Put/ Call |
Strike Price |
Expiration Date |
Contracts | Market Value |
||||||||||||||||||||
|
||||||||||||||||||||||||||
PanAust Ltd. |
JPMorgan Chase Securities | Call | AUD | 3.36 | 3/04/13 | 390,000 | $ | (9,146 | ) | |||||||||||||||||
WisdomTree Investments, Inc. |
JPMorgan Chase Securities | Call | USD | 8.13 | 3/04/13 | 100,000 | (71,565 | ) | ||||||||||||||||||
SAP AG - ADR |
Citigroup Global Markets, Inc. | Call | USD | 79.18 | 3/05/13 | 33,400 | (121,250 | ) | ||||||||||||||||||
SAP AG - ADR |
Citigroup Global Markets, Inc. | Call | USD | 79.56 | 3/05/13 | 39,000 | (131,451 | ) | ||||||||||||||||||
Afren Plc |
Citigroup Global Markets, Inc. | Call | GBP | 1.43 | 3/06/13 | 949,700 | (95,817 | ) | ||||||||||||||||||
Antofagasta Plc |
Banc of America Securities | Call | GBP | 13.35 | 3/06/13 | 131,800 | (617 | ) | ||||||||||||||||||
Antofagasta Plc |
Goldman Sachs & Co. | Call | GBP | 13.84 | 3/06/13 | 60,000 | (443 | ) | ||||||||||||||||||
APR Energy Plc |
Banc of America Securities | Call | GBP | 7.98 | 3/06/13 | 22,300 | (4,343 | ) | ||||||||||||||||||
Arcos Dorados Holdings, Inc., Class A |
Goldman Sachs & Co. | Call | USD | 12.50 | 3/06/13 | 46,000 | (64,031 | ) | ||||||||||||||||||
Diageo Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 18.06 | 3/06/13 | 151,500 | (184,414 | ) | ||||||||||||||||||
Eurasia Drilling Co., Ltd. - GDR |
UBS Securities LLC | Call | USD | 37.32 | 3/06/13 | 23,200 | (39,716 | ) | ||||||||||||||||||
GAM Holding AG |
Goldman Sachs & Co. | Call | CHF | 14.74 | 3/06/13 | 51,700 | (39,911 | ) | ||||||||||||||||||
Glencore International Plc |
UBS Securities LLC | Call | GBP | 3.93 | 3/06/13 | 600,000 | (103,176 | ) | ||||||||||||||||||
Iberdrola SA |
Citigroup Global Markets, Inc. | Call | EUR | 4.14 | 3/06/13 | 882,000 | (20,246 | ) | ||||||||||||||||||
Ingersoll-Rand Plc |
Morgan Stanley & Co., Inc. | Call | USD | 51.30 | 3/06/13 | 107,000 | (141,585 | ) | ||||||||||||||||||
Partners Group Holding AG |
Morgan Stanley & Co., Inc. | Call | CHF | 216.88 | 3/06/13 | 6,000 | (15,158 | ) | ||||||||||||||||||
Rightmove Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 15.16 | 3/06/13 | 62,000 | (156,763 | ) | ||||||||||||||||||
Crown Holdings, Inc. |
Goldman Sachs & Co. | Call | USD | 38.32 | 3/07/13 | 48,500 | (24,083 | ) | ||||||||||||||||||
Kraft Foods Group, Inc. |
Goldman Sachs & Co. | Call | USD | 46.01 | 3/07/13 | 50,000 | (42,018 | ) | ||||||||||||||||||
Time Warner, Inc. |
Bank of New York Mellon Corp. | Call | USD | 49.49 | 3/07/13 | 43,400 | (86,797 | ) | ||||||||||||||||||
Cardinal Health, Inc. |
Goldman Sachs & Co. | Call | USD | 42.79 | 3/08/13 | 5,000 | (7,144 | ) | ||||||||||||||||||
Dominion Resources, Inc. |
Morgan Stanley & Co., Inc. | Call | USD | 52.86 | 3/08/13 | 36,300 | (58,135 | ) | ||||||||||||||||||
Eli Lilly & Co. |
UBS Securities LLC | Call | USD | 54 | 3/11/13 | 90,000 | (78,725 | ) | ||||||||||||||||||
Vodafone Group Plc - ADR |
Citigroup Global Markets, Inc. | Call | USD | 26.11 | 3/11/13 | 50,000 | (63,004 | ) | ||||||||||||||||||
Vodafone Group Plc - ADR |
Citigroup Global Markets, Inc. | Call | USD | 26.72 | 3/11/13 | 50,500 | (49,306 | ) | ||||||||||||||||||
Afren Plc |
Banc of America Securities | Call | GBP | 1.40 | 3/12/13 | 336,000 | (44,919 | ) | ||||||||||||||||||
Aveva Group Plc |
Banc of America Securities | Call | GBP | 21.54 | 3/12/13 | 24,400 | (18,567 | ) | ||||||||||||||||||
Deutsche Bank AG |
Goldman Sachs & Co. | Call | EUR | 37.84 | 3/12/13 | 92,200 | (194,370 | ) | ||||||||||||||||||
Eurasia Drilling Co., Ltd. - GDR |
Morgan Stanley & Co., Inc. | Call | USD | 36.06 | 3/12/13 | 24,000 | (62,255 | ) | ||||||||||||||||||
GAM Holding AG |
Goldman Sachs & Co. | Call | CHF | 15.25 | 3/12/13 | 50,000 | (27,995 | ) | ||||||||||||||||||
Nestle SA |
Citigroup Global Markets, Inc. | Call | CHF | 62.62 | 3/12/13 | 66,000 | (128,964 | ) | ||||||||||||||||||
Roche Holding AG |
Deutsche Bank Securities Corp. | Call | CHF | 195.28 | 3/12/13 | 33,400 | (256,780 | ) | ||||||||||||||||||
SABMiller Plc |
Deutsche Bank Securities Corp. | Call | GBP | 29.73 | 3/12/13 | 94,400 | (284,481 | ) | ||||||||||||||||||
Sanofi |
Goldman Sachs & Co. | Call | EUR | 74.07 | 3/12/13 | 71,900 | (67,346 | ) | ||||||||||||||||||
Svenska Cellulosa AB, B Shares |
Morgan Stanley & Co., Inc. | Call | SEK | 145.42 | 3/12/13 | 357,400 | (539,151 | ) | ||||||||||||||||||
UBS AG |
Morgan Stanley & Co., Inc. | Call | CHF | 16.27 | 3/12/13 | 349,000 | (126,858 | ) | ||||||||||||||||||
Arcos Dorados Holdings, Inc., Class A |
Morgan Stanley & Co., Inc. | Call | USD | 14.18 | 3/13/13 | 40,000 | (16,904 | ) | ||||||||||||||||||
Las Vegas Sands Corp. |
Citigroup Global Markets, Inc. | Call | USD | 47.25 | 3/13/13 | 56,500 | (460,617 | ) | ||||||||||||||||||
Antofagasta Plc |
Banc of America Securities | Call | GBP | 12.88 | 3/20/13 | 191,300 | (15,028 | ) | ||||||||||||||||||
Aveva Group Plc |
Banc of America Securities | Call | GBP | 22.02 | 3/20/13 | 24,400 | (12,273 | ) | ||||||||||||||||||
Eurasia Drilling Co., Ltd. - GDR |
Morgan Stanley & Co., Inc. | Call | USD | 35.65 | 3/20/13 | 24,000 | (71,960 | ) | ||||||||||||||||||
GAM Holding AG |
UBS Securities LLC | Call | CHF | 15.48 | 3/20/13 | 49,800 | (25,918 | ) | ||||||||||||||||||
Partners Group Holding AG |
Morgan Stanley & Co., Inc. | Call | CHF | 217.66 | 3/20/13 | 5,700 | (16,411 | ) | ||||||||||||||||||
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR |
Morgan Stanley & Co., Inc. | Call | USD | 18.02 | 3/20/13 | 44,500 | (19,955 | ) | ||||||||||||||||||
Tullow Oil Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 11.88 | 3/20/13 | 64,800 | (22,134 | ) | ||||||||||||||||||
Unilever Plc |
Morgan Stanley & Co., Inc. | Call | GBP | 25.85 | 3/20/13 | 73,600 | (34,406 | ) | ||||||||||||||||||
BG Group Plc |
Deutsche Bank Securities Corp. | Call | GBP | 11.60 | 3/21/13 | 214,300 | (99,796 | ) | ||||||||||||||||||
Grupo Mexico SAB de CV, Series B |
Citigroup Global Markets, Inc. | Call | MXN | 47.85 | 3/21/13 | 436,000 | (55,895 | ) |
6 | JANUARY 31, 2013 |
Schedule of Investments (continued) |
BlackRock Global Opportunities Equity Trust (BOE) |
| Over-the-counter options written as of January 31, 2013 were as follows: (concluded) |
|
||||||||||||||||||||||||||
Description | Counterparty | Put/ Call |
Strike Price |
Expiration Date |
Contracts | Market Value |
||||||||||||||||||||
|
||||||||||||||||||||||||||
The Hain Celestial Group, Inc. |
Morgan Stanley & Co., Inc. | Call | USD | 56.27 | 3/21/13 | 43,900 | $ | (193,113 | ) | |||||||||||||||||
National Grid Plc |
Deutsche Bank Securities Corp. | Call | GBP | 7.06 | 3/21/13 | 512,300 | (35,247 | ) | ||||||||||||||||||
Cameron International Corp. |
UBS Securities LLC | Call | USD | 60 | 3/22/13 | 23,400 | (102,699 | ) | ||||||||||||||||||
Lowes Cos., Inc. |
JPMorgan Chase Securities | Call | USD | 37.39 | 3/22/13 | 109,000 | (210,335 | ) | ||||||||||||||||||
Oasis Petroleum, Inc. |
Morgan Stanley & Co., Inc. | Call | USD | 37.16 | 3/25/13 | 51,000 | (57,195 | ) | ||||||||||||||||||
Cie Financiere Richemont SA |
Morgan Stanley & Co., Inc. | Call | CHF | 78.80 | 3/26/13 | 36,700 | (87,405 | ) | ||||||||||||||||||
Crown Holdings, Inc. |
JPMorgan Chase Securities | Call | USD | 38.70 | 3/26/13 | 46,500 | (22,373 | ) | ||||||||||||||||||
Eurasia Drilling Co., Ltd. - GDR |
Morgan Stanley & Co., Inc. | Call | USD | 40.37 | 3/26/13 | 23,100 | (19,878 | ) | ||||||||||||||||||
GAM Holding AG |
Morgan Stanley & Co., Inc. | Call | CHF | 15.40 | 3/26/13 | 49,200 | (28,793 | ) | ||||||||||||||||||
Partners Group Holding AG |
Morgan Stanley & Co., Inc. | Call | CHF | 217.66 | 3/26/13 | 5,700 | (17,823 | ) | ||||||||||||||||||
Transocean Ltd. |
Morgan Stanley & Co., Inc. | Call | USD | 56.46 | 3/26/13 | 64,000 | (157,726 | ) | ||||||||||||||||||
Transocean Ltd. |
Morgan Stanley & Co., Inc. | Call | USD | 59.43 | 3/26/13 | 14,500 | (18,144 | ) | ||||||||||||||||||
Samsung Electronics Co. Ltd. |
Morgan Stanley & Co., Inc. | Call | KRW | 1,414,866.89 | 3/27/13 | 2,700 | (187,570 | ) | ||||||||||||||||||
WisdomTree Investments, Inc. |
Goldman Sachs & Co. | Call | USD | 8.82 | 3/27/13 | 56,000 | (26,119 | ) | ||||||||||||||||||
CSX Corp. |
Morgan Stanley & Co., Inc. | Call | USD | 22.67 | 4/01/13 | 190,000 | (73,256 | ) | ||||||||||||||||||
Electrolux AB, Series B |
Morgan Stanley & Co., Inc. | Call | SEK | 165.55 | 4/03/13 | 83,400 | (92,278 | ) | ||||||||||||||||||
Eurasia Drilling Co., Ltd. - GDR |
Morgan Stanley & Co., Inc. | Call | USD | 38.80 | 4/03/13 | 23,000 | (34,842 | ) | ||||||||||||||||||
Partners Group Holding AG |
Morgan Stanley & Co., Inc. | Call | CHF | 217.66 | 4/03/13 | 5,700 | (19,705 | ) | ||||||||||||||||||
Unilever Plc |
Citigroup Global Markets, Inc. | Call | GBP | 25.85 | 4/03/13 | 73,600 | (36,862 | ) | ||||||||||||||||||
Volvo AB, B Shares |
Goldman Sachs & Co. | Call | SEK | 97.62 | 4/03/13 | 516,000 | (133,373 | ) | ||||||||||||||||||
Oasis Petroleum, Inc. |
Morgan Stanley & Co., Inc. | Call | USD | 37.16 | 4/08/13 | 51,000 | (67,493 | ) | ||||||||||||||||||
Australia & New Zealand Banking Group Ltd. |
Morgan Stanley & Co., Inc. | Call | AUD | 27.01 | 4/10/13 | 80,800 | (43,258 | ) | ||||||||||||||||||
Cheung Kong Holdings Ltd. |
Citigroup Global Markets, Inc. | Call | HKD | 129.75 | 4/10/13 | 178,000 | (100,547 | ) | ||||||||||||||||||
China Construction Bank Corp., H Shares |
Citigroup Global Markets, Inc. | Call | HKD | 6.73 | 4/10/13 | 8,190,000 | (195,050 | ) | ||||||||||||||||||
Dena Co. Ltd. |
Citigroup Global Markets, Inc. | Call | JPY | 2,898.92 | 4/10/13 | 59,500 | (121,577 | ) | ||||||||||||||||||
Honda Motor Co. Ltd. |
Citigroup Global Markets, Inc. | Call | JPY | 3,520.07 | 4/10/13 | 147,500 | (268,151 | ) | ||||||||||||||||||
MediaTek, Inc. |
JPMorgan Chase Securities | Call | TWD | 322.24 | 4/10/13 | 254,000 | (89,141 | ) | ||||||||||||||||||
ORIX Corp. |
Citigroup Global Markets, Inc. | Call | JPY | 9,847.19 | 4/10/13 | 42,700 | (163,438 | ) | ||||||||||||||||||
Softbank Corp. |
Citigroup Global Markets, Inc. | Call | JPY | 3,228.67 | 4/10/13 | 133,500 | (208,142 | ) | ||||||||||||||||||
Tokio Marine Holdings, Inc. |
Morgan Stanley & Co., Inc. | Call | JPY | 2,743.76 | 4/10/13 | 157,500 | (217,101 | ) | ||||||||||||||||||
Wharf Holdings Ltd. |
JPMorgan Chase Securities | Call | HKD | 70.61 | 4/10/13 | 515,000 | (170,848 | ) | ||||||||||||||||||
Yahoo! Japan Corp. |
Goldman Sachs & Co. | Call | JPY | 36,322.83 | 4/10/13 | 5,620 | (83,988 | ) | ||||||||||||||||||
Fomento Economico Mexicano SAB de CV - ADR |
Goldman Sachs & Co. | Call | USD | 111.81 | 4/11/13 | 28,100 | (42,725 | ) | ||||||||||||||||||
|
||||||||||||||||||||||||||
Total |
$ | (15,532,450 | ) | |||||||||||||||||||||||
|
|
| Fair Value Measurements Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows: |
| Level 1 - unadjusted price quotations in active markets/exchanges for identical assets and liabilities that the Trust has the ability to access |
| 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, vola- tilities, 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 Trusts own assumptions used in determining the fair value of investments and derivative 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 level in the fair value hierarchy within which the fair value measurement falls in its entirety is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
JANUARY 31, 2013 | 7 |
Schedule of Investments (continued) |
BlackRock Global Opportunities Equity Trust (BOE) |
Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Trusts policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. 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 is not necessarily an indication of the risks associated with investing in those securities. For information about the Trusts policy regarding valuation of investments and derivative financial instruments and other significant accounting policies, please refer to the Trusts most recent financial statements as contained in its annual report.
The following tables summarize the Trusts investments and derivative financial instruments categorized in the disclosure hierarchy as of January 31, 2013:
Level 1 | Level 2 | Level 3 | Total | |||||||||||
Assets: |
||||||||||||||
Investments: |
||||||||||||||
Long-Term Investments: |
||||||||||||||
Common Stocks: |
||||||||||||||
Argentina |
$ | 4,352,832 | | | $ | 4,352,832 | ||||||||
Australia |
| $ | 10,147,014 | | 10,147,014 | |||||||||
Belgium |
| 10,942,106 | | 10,942,106 | ||||||||||
Canada |
4,877,947 | | | 4,877,947 | ||||||||||
Cayman Islands |
10,500,309 | | | 10,500,309 | ||||||||||
China |
| 12,844,755 | | 12,844,755 | ||||||||||
France |
8,385,504 | 35,332,125 | | 43,717,629 | ||||||||||
Germany |
10,793,832 | 29,693,304 | | 40,487,136 | ||||||||||
Hong Kong |
| 27,275,221 | | 27,275,221 | ||||||||||
India |
| 10,782,493 | | 10,782,493 | ||||||||||
Indonesia |
6,086,637 | 17,362,529 | | 23,449,166 | ||||||||||
Ireland |
12,616,245 | | | 12,616,245 | ||||||||||
Italy |
| 13,942,380 | | 13,942,380 | ||||||||||
Japan |
7,436,948 | 55,452,019 | | 62,888,967 | ||||||||||
Mexico |
13,163,632 | 5,567,695 | | 18,731,327 | ||||||||||
South Korea |
| 6,452,605 | | 6,452,605 | ||||||||||
Spain |
| 8,941,369 | | 8,941,369 | ||||||||||
Sweden |
4,004,456 | 29,636,326 | | 33,640,782 | ||||||||||
Switzerland |
8,047,149 | 82,854,732 | | 90,901,881 | ||||||||||
Taiwan |
3,049,506 | 5,060,238 | | 8,109,744 | ||||||||||
Thailand |
| 7,608,636 | | 7,608,636 | ||||||||||
United Kingdom |
13,783,723 | 113,648,764 | | 127,432,487 | ||||||||||
United States |
448,005,889 | | | 448,005,889 | ||||||||||
Short-Term Securities |
54,784,743 | | | 54,784,743 | ||||||||||
Total |
$ | 609,889,352 | $ | 483,544,311 | | $ | 1,093,433,663 | |||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||
Derivative Financial Instruments1 |
||||||||||||||
Assets: |
||||||||||||||
Foreign currency exchange contracts |
$ | 9,150 | | | $ | 9,150 | ||||||||
Liabilities: |
||||||||||||||
Equity contracts |
(4,872,818 | ) | $ | (16,471,942 | ) | | (21,344,760 | ) | ||||||
Foreign currency exchange contracts |
(28,505 | ) | | | (28,505 | ) | ||||||||
Total |
$ | (4,892,173 | ) | $ | (16,471,942 | ) | | $ | (21,364,115 | ) |
1 | Derivative financial instruments are foreign currency exchange contracts and options written. Foreign currency exchange contracts are valued at the unrealized appreciation/ depreciation on the instrument and options written are shown at value. |
8 | JANUARY 31, 2013 |
Schedule of Investments (concluded) |
BlackRock Global Opportunities Equity Trust (BOE) |
Certain of the Trusts assets are held at carrying amount, which approximates fair value for financial reporting purposes. As of January 31, 2013, such assets are categorized within the disclosure hierarchy as follows:
Level 1 | Level 2 | Level 3 | Total | |||||||||
Assets: |
||||||||||||
Cash |
$ | 4,610,201 | | | $ | 4,610,201 | ||||||
Foreign currency at value |
4,784,401 | | | 4,784,401 | ||||||||
Cash pledged as collateral for options written |
410,000 | | | 410,000 | ||||||||
Total |
$ | 9,804,602 | | | $ | 9,804,602 | ||||||
There were no transfers between levels during the period ended January 31, 2013.
JANUARY 31, 2013 | 9 |
Item 2 Controls and Procedures
2(a) | The registrants principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrants 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 registrants internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrants last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrants 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: March 26, 2013
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: March 26, 2013
By: | /s/ Neal J. Andrews | |
Neal J. Andrews | ||
Chief Financial Officer (principal financial officer) of | ||
BlackRock Global Opportunities Equity Trust |
Date: March 26, 2013