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: 12/31/2015
Date of reporting period: 09/30/2015
Item 1 Schedule of Investments
Schedule of Investments September 30, 2015 (Unaudited) | BlackRock Global Opportunities Equity Trust (BOE) | |||
(Percentages shown are based on Net Assets) |
Portfolio Abbreviations | ||||||||||
ADR | American Depositary Receipt | HKD | Hong Kong Dollar | TWD | Taiwan Dollar | |||||
CAD | Canadian Dollar | JPY | Japanese Yen | USD | U.S. Dollar | |||||
CHF | Swiss Franc | NOK | Norwegian Krone | ZAR | South African Rand | |||||
EUR | Euro | REIT | Real Estate Investment Trust | |||||||
GBP | British Pound | SEK | Swedish Krona |
SEPTEMBER 30, 2015 | 1 |
Schedule of Investments (continued) | BlackRock Global Opportunities Equity Trust (BOE) | |||
2 | SEPTEMBER 30, 2015 |
Schedule of Investments (continued) | BlackRock Global Opportunities Equity Trust (BOE) |
Notes to Schedule of Investments |
* | As of period end, gross unrealized appreciation and depreciation based on cost for federal income tax purposes were as follows: |
Tax cost |
$ | 925,601,661 | ||
|
|
|||
Gross unrealized appreciation |
$ | 99,034,243 | ||
Gross unrealized depreciation |
(53,281,507 | ) | ||
|
|
|||
Net unrealized appreciation |
$ | 45,752,736 | ||
|
|
(a) | Non-income producing security. |
(b) | All or a portion of security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written. |
(c) | Restricted securities as to resale, excluding 144A securities. As of period end, the Trust held restricted securities with a current value of $31,378,766 and an original cost of $20,825,583 which was 3.3% of its net assets. |
(d) | All or a portion of security has been pledged as collateral in connection with outstanding OTC derivatives. |
(e) | Represents the current yield as of report date. |
(f) | During the period ended September 30, 2015, investments in issuers considered to be affiliates of the Trust for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: |
Affiliate |
Shares/ Beneficial Interest |
Net Activity |
Shares Held
at |
Income | ||||||||||||
BlackRock Liquidity Funds, TempFund, Institutional Class |
5,932,752 | 19,395,383 | 25,328,135 | $ | 13,284 | |||||||||||
BlackRock Liquidity Series, LLC Money Market Series |
$1,401,820 | $ | (1,401,820 | ) | | 15,679 | 1 |
1 | Represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
Derivative Financial Instruments Outstanding as of Period End
|
Exchange-Traded Options Written
|
||||||||||||||||||||
Description | Put/ Call |
Strike Price |
Expiration Date |
|
Contracts | Value | ||||||||||||||
Alibaba Group Holding Ltd. ADR |
Call | USD | 73.00 | 10/02/15 | 129 | $ | (645 | ) | ||||||||||||
Altria Group, Inc. |
Call | USD | 56.00 | 10/02/15 | 333 | (2,165 | ) | |||||||||||||
Amazon.com, Inc. |
Call | USD | 535.00 | 10/02/15 | 8 | (296 | ) | |||||||||||||
Citigroup, Inc. |
Call | USD | 57.50 | 10/02/15 | 340 | (2,380 | ) | |||||||||||||
Discover Financial Services |
Call | USD | 53.00 | 10/02/15 | 324 | (3,240 | ) | |||||||||||||
Eli Lilly & Co. |
Call | USD | 86.50 | 10/02/15 | 164 | (4,100 | ) | |||||||||||||
EOG Resources, Inc. |
Call | USD | 81.00 | 10/02/15 | 150 | (7,500 | ) | |||||||||||||
Facebook, Inc., Class A |
Call | USD | 94.50 | 10/02/15 | 53 | (106 | ) | |||||||||||||
Google, Inc., Class A |
Call | USD | 680.00 | 10/02/15 | 18 | (90 | ) | |||||||||||||
Google, Inc., Class C |
Call | USD | 665.00 | 10/02/15 | 39 | (585 | ) | |||||||||||||
Hartford Financial Services Group, Inc. |
Call | USD | 45.50 | 10/02/15 | 161 | (9,821 | ) | |||||||||||||
Hartford Financial Services Group, Inc. |
Call | USD | 46.50 | 10/02/15 | 159 | (2,544 | ) | |||||||||||||
Kinder Morgan, Inc. |
Call | USD | 32.00 | 10/02/15 | 300 | (1,200 | ) | |||||||||||||
Las Vegas Sands Corp. |
Call | USD | 55.00 | 10/02/15 | 70 | (700 | ) | |||||||||||||
MasterCard, Inc., Class A |
Call | USD | 95.00 | 10/02/15 | 174 | (2,610 | ) | |||||||||||||
McDonalds Corp. |
Call | USD | 98.50 | 10/02/15 | 325 | (20,150 | ) | |||||||||||||
Medtronic PLC |
Call | USD | 77.50 | 10/02/15 | 72 | (288 | ) | |||||||||||||
Merck & Co., Inc. |
Call | USD | 55.00 | 10/02/15 | 63 | (94 | ) | |||||||||||||
Mobileye NV |
Call | USD | 62.00 | 10/02/15 | 159 | (2,385 | ) | |||||||||||||
Union Pacific Corp. |
Call | USD | 88.00 | 10/02/15 | 176 | (17,424 | ) | |||||||||||||
United Rentals, Inc. |
Call | USD | 70.00 | 10/02/15 | 125 | (625 | ) | |||||||||||||
Vipshop Holdings Ltd. ADR |
Call | USD | 21.50 | 10/02/15 | 147 | (735 | ) | |||||||||||||
Vodafone Group PLC ADR |
Call | USD | 35.00 | 10/02/15 | 375 | (9,375 | ) | |||||||||||||
Alibaba Group Holding Ltd. ADR |
Call | USD | 73.50 | 10/09/15 | 129 | (774 | ) | |||||||||||||
Altria Group, Inc. |
Call | USD | 55.50 | 10/09/15 | 197 | (6,304 | ) | |||||||||||||
Bristol-Myers Squibb Co. |
Call | USD | 60.00 | 10/09/15 | 360 | (43,920 | ) | |||||||||||||
Citigroup, Inc. |
Call | USD | 55.00 | 10/09/15 | 343 | (1,372 | ) | |||||||||||||
Comcast Corp., Class A |
Call | USD | 58.50 | 10/09/15 | 332 | (9,296 | ) | |||||||||||||
Discover Financial Services |
Call | USD | 56.00 | 10/09/15 | 325 | (8,125 | ) | |||||||||||||
Eli Lilly & Co. |
Call | USD | 82.50 | 10/09/15 | 50 | (12,575 | ) | |||||||||||||
Facebook, Inc., Class A |
Call | USD | 92.00 | 10/09/15 | 284 | (27,548 | ) |
SEPTEMBER 30, 2015 | 3 |
Schedule of Investments (continued) | BlackRock Global Opportunities Equity Trust (BOE) |
Description |
Put/ Call |
Strike Price |
Expiration Date |
Contracts | Value | |||||||||||||||
Google, Inc., Class A |
Call | USD | 665.00 | 10/09/15 | 13 | $ | (2,112 | ) | ||||||||||||
Google, Inc., Class A |
Call | USD | 675.00 | 10/09/15 | 13 | (812 | ) | |||||||||||||
Google, Inc., Class C |
Call | USD | 622.50 | 10/09/15 | 27 | (10,530 | ) | |||||||||||||
Hartford Financial Services Group, Inc. |
Call | USD | 47.00 | 10/09/15 | 448 | (15,904 | ) | |||||||||||||
Kinder Morgan, Inc. |
Call | USD | 33.00 | 10/09/15 | 200 | (1,800 | ) | |||||||||||||
Las Vegas Sands Corp. |
Call | USD | 47.50 | 10/09/15 | 140 | (700 | ) | |||||||||||||
McDonalds Corp. |
Call | USD | 99.00 | 10/09/15 | 107 | (9,951 | ) | |||||||||||||
Medtronic PLC |
Call | USD | 72.00 | 10/09/15 | 216 | (2,916 | ) | |||||||||||||
Merck & Co., Inc. |
Call | USD | 57.00 | 10/09/15 | 123 | (615 | ) | |||||||||||||
Mobileye NV |
Call | USD | 57.00 | 10/09/15 | 188 | (9,400 | ) | |||||||||||||
Pioneer Natural Resources Co. |
Call | USD | 121.00 | 10/09/15 | 110 | (41,800 | ) | |||||||||||||
Union Pacific Corp. |
Call | USD | 88.00 | 10/09/15 | 176 | (29,480 | ) | |||||||||||||
Vipshop Holdings Ltd. ADR |
Call | USD | 20.00 | 10/09/15 | 604 | (9,060 | ) | |||||||||||||
Abbott Laboratories |
Call | USD | 45.00 | 10/16/15 | 588 | (2,940 | ) | |||||||||||||
AbbVie, Inc. |
Call | USD | 62.50 | 10/16/15 | 52 | (520 | ) | |||||||||||||
Adobe Systems, Inc. |
Call | USD | 85.00 | 10/16/15 | 183 | (18,849 | ) | |||||||||||||
Alibaba Group Holding Ltd. ADR |
Call | USD | 75.00 | 10/16/15 | 129 | (257 | ) | |||||||||||||
Altria Group, Inc. |
Call | USD | 55.00 | 10/16/15 | 168 | (12,600 | ) | |||||||||||||
Amazon.com, Inc. |
Call | USD | 525.00 | 10/16/15 | 54 | (48,465 | ) | |||||||||||||
American Airlines Group, Inc. |
Call | USD | 44.00 | 10/16/15 | 310 | (3,410 | ) | |||||||||||||
Assured Guaranty Ltd. |
Call | USD | 27.00 | 10/16/15 | 820 | (21,730 | ) | |||||||||||||
Autodesk, Inc. |
Call | USD | 50.00 | 10/16/15 | 337 | (4,718 | ) | |||||||||||||
Becton Dickinson and Co. |
Call | USD | 140.00 | 10/16/15 | 235 | (7,050 | ) | |||||||||||||
Boston Scientific Corp. |
Call | USD | 18.00 | 10/16/15 | 900 | (2,700 | ) | |||||||||||||
Bristol-Myers Squibb Co. |
Call | USD | 62.50 | 10/16/15 | 94 | (6,345 | ) | |||||||||||||
Citigroup, Inc. |
Call | USD | 55.00 | 10/16/15 | 446 | (4,906 | ) | |||||||||||||
Concho Resources, Inc. |
Call | USD | 111.50 | 10/16/15 | 210 | (10,887 | ) | |||||||||||||
Credicorp Ltd. |
Call | USD | 120.00 | 10/16/15 | 113 | (1,130 | ) | |||||||||||||
Crown Holdings, Inc. |
Call | USD | 50.00 | 10/16/15 | 420 | (12,600 | ) | |||||||||||||
Delphi Automotive PLC |
Call | USD | 80.00 | 10/16/15 | 160 | (8,000 | ) | |||||||||||||
Discover Financial Services |
Call | USD | 57.50 | 10/16/15 | 290 | (2,900 | ) | |||||||||||||
Eli Lilly & Co. |
Call | USD | 87.50 | 10/16/15 | 164 | (12,300 | ) | |||||||||||||
EOG Resources, Inc. |
Call | USD | 80.00 | 10/16/15 | 64 | (3,424 | ) | |||||||||||||
Facebook, Inc., Class A |
Call | USD | 94.50 | 10/16/15 | 120 | (9,480 | ) | |||||||||||||
Facebook, Inc., Class A |
Call | USD | 95.00 | 10/16/15 | 115 | (7,590 | ) | |||||||||||||
Google, Inc., Class A |
Call | USD | 675.00 | 10/16/15 | 16 | (10,320 | ) | |||||||||||||
Google, Inc., Class C |
Call | USD | 635.00 | 10/16/15 | 25 | (20,375 | ) | |||||||||||||
Hartford Financial Services Group, Inc. |
Call | USD | 47.00 | 10/16/15 | 330 | (18,315 | ) | |||||||||||||
Hortonworks, Inc. |
Call | USD | 25.00 | 10/16/15 | 50 | (875 | ) | |||||||||||||
Las Vegas Sands Corp. |
Call | USD | 50.00 | 10/16/15 | 71 | (106 | ) | |||||||||||||
Las Vegas Sands Corp. |
Call | USD | 52.50 | 10/16/15 | 120 | (540 | ) | |||||||||||||
Lowes Cos., Inc. |
Call | USD | 72.50 | 10/16/15 | 377 | (7,163 | ) | |||||||||||||
Lumentum Holdings, Inc. |
Call | USD | 20.00 | 10/16/15 | 140 | (4,200 | ) | |||||||||||||
Merck & Co., Inc. |
Call | USD | 55.00 | 10/16/15 | 63 | (346 | ) | |||||||||||||
Micron Technology, Inc. |
Call | USD | 18.00 | 10/16/15 | 900 | (13,950 | ) | |||||||||||||
Mondelez International, Inc., Class A |
Call | USD | 44.00 | 10/16/15 | 650 | (21,125 | ) | |||||||||||||
Roper Industries, Inc. |
Call | USD | 165.00 | 10/16/15 | 118 | (4,130 | ) | |||||||||||||
Royal Bank Of Canada |
Call | CAD | 74.00 | 10/16/15 | 800 | (68,040 | ) | |||||||||||||
St. Jude Medical, Inc. |
Call | USD | 70.00 | 10/16/15 | 239 | (1,792 | ) | |||||||||||||
UnitedHealth Group, Inc. |
Call | USD | 120.00 | 10/16/15 | 116 | (20,822 | ) | |||||||||||||
Valeant Pharmaceuticals International, Inc. |
Call | USD | 230.00 | 10/16/15 | 145 | (2,174 | ) | |||||||||||||
Vipshop Holdings Ltd. ADR |
Call | USD | 23.00 | 10/16/15 | 125 | (1,875 | ) | |||||||||||||
WisdomTree Investments, Inc. |
Call | USD | 20.00 | 10/16/15 | 250 | (3,750 | ) | |||||||||||||
AbbVie, Inc. |
Call | USD | 62.50 | 10/23/15 | 165 | (2,475 | ) | |||||||||||||
Alibaba Group Holding Ltd. ADR |
Call | USD | 70.00 | 10/23/15 | 210 | (3,045 | ) | |||||||||||||
Altria Group, Inc. |
Call | USD | 56.00 | 10/23/15 | 197 | (10,934 | ) | |||||||||||||
American Airlines Group, Inc. |
Call | USD | 45.50 | 10/23/15 | 400 | (5,800 | ) | |||||||||||||
Citigroup, Inc. |
Call | USD | 52.50 | 10/23/15 | 462 | (24,486 | ) | |||||||||||||
Comcast Corp., Class A |
Call | USD | 58.50 | 10/23/15 | 324 | (22,032 | ) | |||||||||||||
Eastman Chemical Co. |
Call | USD | 75.50 | 10/23/15 | 185 | (1,956 | ) | |||||||||||||
Eli Lilly & Co. |
Call | USD | 89.00 | 10/23/15 | 56 | (4,816 | ) | |||||||||||||
EOG Resources, Inc. |
Call | USD | 82.00 | 10/23/15 | 64 | (3,104 | ) | |||||||||||||
Facebook, Inc., Class A |
Call | USD | 95.00 | 10/23/15 | 34 | (4,250 | ) | |||||||||||||
Google, Inc., Class C |
Call | USD | 642.50 | 10/23/15 | 39 | (37,830 | ) | |||||||||||||
Hartford Financial Services Group, Inc. |
Call | USD | 46.50 | 10/23/15 | 161 | (15,859 | ) |
4 | SEPTEMBER 30, 2015 |
Schedule of Investments (continued) | BlackRock Global Opportunities Equity Trust (BOE) |
Description | Put/ Call |
Strike Price |
Expiration Date |
Contracts | Value | |||||||||||||||||||||
MasterCard, Inc., Class A |
Call | USD | 91.50 | 10/23/15 | 202 | $ | (31,512 | ) | ||||||||||||||||||
MasterCard, Inc., Class A |
Call | USD | 94.00 | 10/23/15 | 177 | (12,656 | ) | |||||||||||||||||||
McDonalds Corp. |
Call | USD | 99.50 | 10/23/15 | 150 | (25,500 | ) | |||||||||||||||||||
Merck & Co., Inc. |
Call | USD | 54.50 | 10/23/15 | 325 | (3,412 | ) | |||||||||||||||||||
Pioneer Natural Resources Co. |
Call | USD | 132.00 | 10/23/15 | 110 | (17,875 | ) | |||||||||||||||||||
United Rentals, Inc. |
Call | USD | 70.00 | 10/23/15 | 108 | (4,860 | ) | |||||||||||||||||||
UnitedHealth Group, Inc. |
Call | USD | 123.00 | 10/23/15 | 116 | (15,776 | ) | |||||||||||||||||||
Valeant Pharmaceuticals International, Inc. |
Call | USD | 257.50 | 10/23/15 | 131 | (28,165 | ) | |||||||||||||||||||
Vipshop Holdings Ltd. ADR |
Call | USD | 19.50 | 10/23/15 | 480 | (13,200 | ) | |||||||||||||||||||
Vodafone Group PLC ADR |
Call | USD | 36.50 | 10/23/15 | 390 | (5,460 | ) | |||||||||||||||||||
Hortonworks, Inc. |
Call | USD | 23.00 | 10/26/15 | 575 | (34,500 | ) | |||||||||||||||||||
Alibaba Group Holding Ltd. ADR |
Call | USD | 67.00 | 10/30/15 | 210 | (14,385 | ) | |||||||||||||||||||
Best Buy Co., Inc. |
Call | USD | 39.00 | 10/30/15 | 213 | (12,141 | ) | |||||||||||||||||||
Celgene Corp. |
Call | USD | 126.00 | 10/30/15 | 13 | (559 | ) | |||||||||||||||||||
Eli Lilly & Co. |
Call | USD | 85.50 | 10/30/15 | 56 | (12,488 | ) | |||||||||||||||||||
EOG Resources, Inc. |
Call | USD | 75.00 | 10/30/15 | 115 | (27,772 | ) | |||||||||||||||||||
Facebook, Inc., Class A |
Call | USD | 97.50 | 10/30/15 | 115 | (16,675 | ) | |||||||||||||||||||
Google, Inc., Class A |
Call | USD | 670.00 | 10/30/15 | 16 | (20,560 | ) | |||||||||||||||||||
McDonalds Corp. |
Call | USD | 100.00 | 10/30/15 | 150 | (25,875 | ) | |||||||||||||||||||
Medtronic PLC |
Call | USD | 72.50 | 10/30/15 | 155 | (4,108 | ) | |||||||||||||||||||
Merck & Co., Inc. |
Call | USD | 54.00 | 10/30/15 | 37 | (1,092 | ) | |||||||||||||||||||
Union Pacific Corp. |
Call | USD | 91.00 | 10/30/15 | 77 | (12,975 | ) | |||||||||||||||||||
UnitedHealth Group, Inc. |
Call | USD | 124.00 | 10/30/15 | 26 | (3,614 | ) | |||||||||||||||||||
Vodafone Group PLC ADR |
Call | USD | 34.50 | 10/30/15 | 360 | (7,200 | ) | |||||||||||||||||||
Walt Disney Co. |
Call | USD | 103.00 | 10/30/15 | 213 | (50,907 | ) | |||||||||||||||||||
Public Service Enterprise Group, Inc. |
Call | USD | 40.65 | 11/03/15 | 650 | (134,638 | ) | |||||||||||||||||||
Altria Group, Inc. |
Call | USD | 56.50 | 11/06/15 | 101 | (7,272 | ) | |||||||||||||||||||
American Airlines Group, Inc. |
Call | USD | 42.50 | 11/06/15 | 308 | (23,100 | ) | |||||||||||||||||||
Best Buy Co., Inc. |
Call | USD | 37.00 | 11/06/15 | 415 | (63,910 | ) | |||||||||||||||||||
Bristol-Myers Squibb Co. |
Call | USD | 63.50 | 11/06/15 | 440 | (51,920 | ) | |||||||||||||||||||
Celgene Corp. |
Call | USD | 120.00 | 11/06/15 | 138 | (20,700 | ) | |||||||||||||||||||
Citigroup, Inc. |
Call | USD | 52.00 | 11/06/15 | 738 | (67,896 | ) | |||||||||||||||||||
Comcast Corp., Class A |
Call | USD | 58.00 | 11/06/15 | 324 | (47,142 | ) | |||||||||||||||||||
Hartford Financial Services Group, Inc. |
Call | USD | 47.00 | 11/06/15 | 165 | (20,295 | ) | |||||||||||||||||||
MasterCard, Inc., Class A |
Call | USD | 92.00 | 11/06/15 | 211 | (47,264 | ) | |||||||||||||||||||
Medtronic PLC |
Call | USD | 70.50 | 11/06/15 | 149 | (11,994 | ) | |||||||||||||||||||
Pioneer Natural Resources Co. |
Call | USD | 130.00 | 11/06/15 | 18 | (6,030 | ) | |||||||||||||||||||
Shire PLC ADR |
Call | USD | 225.00 | 11/06/15 | 72 | (27,360 | ) | |||||||||||||||||||
Vodafone Group PLC ADR |
Call | USD | 34.50 | 11/06/15 | 470 | (11,985 | ) | |||||||||||||||||||
Adobe Systems, Inc. |
Call | USD | 82.50 | 11/20/15 | 145 | (48,575 | ) | |||||||||||||||||||
Best Buy Co., Inc. |
Call | USD | 38.00 | 11/20/15 | 328 | (54,940 | ) | |||||||||||||||||||
Boston Scientific Corp. |
Call | USD | 18.00 | 11/20/15 | 850 | (18,700 | ) | |||||||||||||||||||
Celgene Corp. |
Call | USD | 120.00 | 11/20/15 | 138 | (29,739 | ) | |||||||||||||||||||
Concho Resources, Inc. |
Call | USD | 115.00 | 11/20/15 | 220 | (29,700 | ) | |||||||||||||||||||
Credicorp Ltd. |
Call | USD | 110.00 | 11/20/15 | 137 | (52,060 | ) | |||||||||||||||||||
Delphi Automotive PLC |
Call | USD | 80.00 | 11/20/15 | 160 | (28,800 | ) | |||||||||||||||||||
Hortonworks, Inc. |
Call | USD | 25.00 | 11/20/15 | 1,066 | (90,610 | ) | |||||||||||||||||||
LendingClub Corp. |
Call | USD | 15.00 | 11/20/15 | 625 | (23,438 | ) | |||||||||||||||||||
Roper Industries, Inc. |
Call | USD | 165.00 | 11/20/15 | 204 | (48,960 | ) | |||||||||||||||||||
Shire PLC ADR |
Call | USD | 225.00 | 11/20/15 | 72 | (37,440 | ) | |||||||||||||||||||
St. Jude Medical, Inc. |
Call | USD | 70.00 | 11/20/15 | 238 | (14,875 | ) | |||||||||||||||||||
Walt Disney Co. |
Call | USD | 105.00 | 11/20/15 | 213 | (58,575 | ) | |||||||||||||||||||
WisdomTree Investments, Inc. |
Call | USD | 21.00 | 11/20/15 | 300 | (5,250 | ) | |||||||||||||||||||
Total |
$ | (2,359,773 | ) | |||||||||||||||||||||||
|
|
OTC Options Written
|
||||||||||||||||||||||||||||||
Description | Put/ Call |
Counterparty | Expiration Date |
Strike Price |
Contracts |
|
Value | |||||||||||||||||||||||
Lloyds Banking Group PLC |
Call | Morgan Stanley & Co. International PLC | 10/01/15 | GBP | 0.84 | 2,252,500 | $ | (34 | ) | |||||||||||||||||||||
Novartis AG |
Call | Morgan Stanley & Co. International PLC | 10/02/15 | CHF | 100.60 | 32,000 | | |||||||||||||||||||||||
Societe Generale SA |
Call | Bank of America N.A. | 10/02/15 | EUR | 48.11 | 37,000 | | |||||||||||||||||||||||
TransUnion |
Call | Morgan Stanley & Co. International PLC | 10/02/15 | USD | 26.14 | 56,000 | (1,766 | ) | ||||||||||||||||||||||
Charles River Laboratories International, Inc. |
Call | Barclays Bank PLC | 10/05/15 | USD | 76.00 | 40,000 | |
SEPTEMBER 30, 2015 | 5 |
Schedule of Investments (continued) | BlackRock Global Opportunities Equity Trust (BOE) |
Description | Put/ Call |
Counterparty | Expiration Date |
Strike Price |
Contracts |
|
Value | |||||||||||||||||||||||
Adecco SA |
Call | Morgan Stanley & Co. International PLC | 10/06/15 | CHF | 79.47 | 25,000 | $ | (13 | ) | |||||||||||||||||||||
Daimler AG |
Call | Morgan Stanley & Co. International PLC | 10/06/15 | EUR | 82.93 | 30,000 | (22 | ) | ||||||||||||||||||||||
Macquarie Infrastructure Corp. |
Call | Morgan Stanley & Co. International PLC | 10/06/15 | USD | 84.05 | 20,000 | (608 | ) | ||||||||||||||||||||||
NH Hotel Group SA |
Call | Morgan Stanley & Co. International PLC | 10/06/15 | EUR | 5.43 | 80,000 | (324 | ) | ||||||||||||||||||||||
Public Service Enterprise Group, Inc. |
Call | Goldman Sachs International | 10/06/15 | USD | 41.49 | 19,600 | (18,550 | ) | ||||||||||||||||||||||
SABMiller PLC |
Call | Goldman Sachs International | 10/06/15 | GBP | 33.73 | 38,000 | (215,983 | ) | ||||||||||||||||||||||
Schneider Electric SE |
Call | Morgan Stanley & Co. International PLC | 10/06/15 | EUR | 62.28 | 21,300 | | |||||||||||||||||||||||
St. Jude Medical, Inc. |
Call | Morgan Stanley & Co. International PLC | 10/06/15 | USD | 72.88 | 10,000 | | |||||||||||||||||||||||
Statoil ASA |
Call | Deutsche Bank AG | 10/06/15 | NOK | 131.99 | 11,000 | (436 | ) | ||||||||||||||||||||||
Sumitomo Mitsui Financial Group, Inc. |
Call | BNP Paribas S.A. | 10/06/15 | JPY | 4,940.99 | 65,700 | (5,615 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | Morgan Stanley & Co. International PLC | 10/07/15 | GBP | 5.63 | 27,500 | (6,690 | ) | ||||||||||||||||||||||
CRRC Corp. Ltd., Class H |
Call | UBS AG | 10/07/15 | HKD | 9.89 | 1,064,000 | (61,534 | ) | ||||||||||||||||||||||
Hermes Microvision, Inc. |
Call | BNP Paribas S.A. | 10/07/15 | TWD | 1,285.74 | 18,000 | (21,427 | ) | ||||||||||||||||||||||
Lloyds Banking Group PLC |
Call | UBS AG | 10/07/15 | GBP | 0.78 | 1,085,200 | (3,942 | ) | ||||||||||||||||||||||
Nintendo Co. Ltd. |
Call | Goldman Sachs International | 10/07/15 | JPY | 24,055.65 | 13,600 | (28 | ) | ||||||||||||||||||||||
Panasonic Corp. |
Call | BNP Paribas S.A. | 10/07/15 | JPY | 1,335.41 | 64,100 | (2,238 | ) | ||||||||||||||||||||||
Platform Specialty Products Corp. |
Call | Citibank N.A. | 10/07/15 | USD | 23.97 | 60,000 | (1 | ) | ||||||||||||||||||||||
Prudential PLC |
Call | UBS AG | 10/07/15 | GBP | 14.35 | 92,200 | (10,434 | ) | ||||||||||||||||||||||
Samsonite International SA |
Call | UBS AG | 10/07/15 | HKD | 25.17 | 463,200 | (34,997 | ) | ||||||||||||||||||||||
SMC Corp. |
Call | Goldman Sachs International | 10/07/15 | JPY | 30,096.49 | 5,900 | (34 | ) | ||||||||||||||||||||||
Hain Celestial Group, Inc. |
Call | Credit Suisse International | 10/08/15 | USD | 62.89 | 54,000 | (6 | ) | ||||||||||||||||||||||
New Relic, Inc. |
Call | Morgan Stanley & Co. International PLC | 10/08/15 | USD | 33.59 | 33,000 | (149,437 | ) | ||||||||||||||||||||||
Infineon Technologies AG |
Call | Deutsche Bank AG | 10/09/15 | EUR | 10.20 | 156,000 | (36,443 | ) | ||||||||||||||||||||||
PPL Corp. |
Call | Goldman Sachs International | 10/09/15 | USD | 33.36 | 68,000 | (14,054 | ) | ||||||||||||||||||||||
BankUnited, Inc. |
Call | Citibank N.A. | 10/12/15 | USD | 33.91 | 14,600 | (28,383 | ) | ||||||||||||||||||||||
BankUnited, Inc. |
Call | Deutsche Bank AG | 10/12/15 | USD | 37.54 | 33,000 | (2,392 | ) | ||||||||||||||||||||||
Boston Scientific Corp. |
Call | Citibank N.A. | 10/12/15 | USD | 17.80 | 47,600 | (1,924 | ) | ||||||||||||||||||||||
Kennedy-Wilson Holdings, Inc. |
Call | Credit Suisse International | 10/12/15 | USD | 25.50 | 31,000 | (27 | ) | ||||||||||||||||||||||
NH Hotel Group SA |
Call | Goldman Sachs International | 10/13/15 | EUR | 5.49 | 75,000 | (1,424 | ) | ||||||||||||||||||||||
BAE Systems PLC |
Call | UBS AG | 10/14/15 | GBP | 4.48 | 209,800 | (32,045 | ) | ||||||||||||||||||||||
Daimler AG |
Call | Morgan Stanley & Co. International PLC | 10/14/15 | EUR | 74.77 | 21,100 | (3,289 | ) | ||||||||||||||||||||||
Largan Precision Co. Ltd. |
Call | BNP Paribas S.A. | 10/14/15 | TWD | 2,892.27 | 36,000 | (28,082 | ) | ||||||||||||||||||||||
Novartis AG |
Call | UBS AG | 10/14/15 | CHF | 96.26 | 16,100 | (3,779 | ) | ||||||||||||||||||||||
Panasonic Corp. |
Call | Morgan Stanley & Co. International PLC | 10/14/15 | JPY | 1,318.13 | 190,100 | (22,017 | ) | ||||||||||||||||||||||
Platform Specialty Products Corp. |
Call | Citibank N.A. | 10/14/15 | USD | 18.98 | 27,000 | | |||||||||||||||||||||||
Platform Specialty Products Corp. |
Call | Goldman Sachs International | 10/14/15 | USD | 25.08 | 30,000 | | |||||||||||||||||||||||
Schneider Electric SE |
Call | Deutsche Bank AG | 10/14/15 | EUR | 57.65 | 26,900 | (801 | ) | ||||||||||||||||||||||
Statoil ASA |
Call | Bank of America N.A. | 10/14/15 | NOK | 123.69 | 55,100 | (23,145 | ) | ||||||||||||||||||||||
Unibail-Rodamco SE REIT |
Call | Bank of America N.A. | 10/14/15 | EUR | 233.25 | 12,200 | (68,616 | ) | ||||||||||||||||||||||
Vivendi SA |
Call | UBS AG | 10/14/15 | EUR | 21.88 | 203,400 | (54,409 | ) | ||||||||||||||||||||||
AIA Group Ltd. |
Call | Bank of America N.A. | 10/15/15 | HKD | 43.33 | 526,000 | (16,216 | ) | ||||||||||||||||||||||
Aramark |
Call | Citibank N.A. | 10/15/15 | USD | 32.24 | 15,000 | (985 | ) | ||||||||||||||||||||||
AXA SA |
Call | UBS AG | 10/15/15 | EUR | 22.18 | 70,400 | (29,866 | ) | ||||||||||||||||||||||
FirstEnergy Corp. |
Call | Goldman Sachs International | 10/15/15 | USD | 32.91 | 44,000 | (3,340 | ) | ||||||||||||||||||||||
Koninklijke Philips NV |
Call | UBS AG | 10/15/15 | EUR | 23.26 | 78,000 | (2,954 | ) | ||||||||||||||||||||||
Nordea Bank AB |
Call | UBS AG | 10/15/15 | SEK | 107.53 | 150,500 | (563 | ) | ||||||||||||||||||||||
Unilever PLC |
Call | Bank of America N.A. | 10/15/15 | GBP | 26.67 | 61,500 | (74,084 | ) | ||||||||||||||||||||||
New Relic, Inc. |
Call | Citibank N.A. | 10/19/15 | USD | 35.58 | 33,300 | (97,346 | ) | ||||||||||||||||||||||
New Relic, Inc. |
Call | Citibank N.A. | 10/19/15 | USD | 36.15 | 20,000 | (50,057 | ) | ||||||||||||||||||||||
Charles River Laboratories International, Inc. |
Call | Goldman Sachs International | 10/20/15 | USD | 71.90 | 32,000 | (3,701 | ) | ||||||||||||||||||||||
Sensata Technologies Holding NV |
Call | Citibank N.A. | 10/20/15 | USD | 49.04 | 20,000 | (1,556 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | Morgan Stanley & Co. International PLC | 10/21/15 | GBP | 5.72 | 38,000 | (10,289 | ) | ||||||||||||||||||||||
Public Service Enterprise Group, Inc. |
Call | Morgan Stanley & Co. International PLC | 10/21/15 | USD | 40.13 | 20,600 | (47,982 | ) | ||||||||||||||||||||||
Diageo PLC |
Call | Morgan Stanley & Co. International PLC | 10/22/15 | GBP | 17.55 | 112,000 | (104,900 | ) | ||||||||||||||||||||||
Eni SpA |
Call | UBS AG | 10/22/15 | EUR | 15.56 | 121,000 | (12,960 | ) | ||||||||||||||||||||||
Infineon Technologies AG |
Call | Deutsche Bank AG | 10/22/15 | EUR | 10.08 | 179,000 | (81,451 | ) | ||||||||||||||||||||||
Naspers Ltd., N Shares |
Call | Morgan Stanley & Co. International PLC | 10/22/15 | ZAR | 1,770.24 | 37,000 | (176,720 | ) | ||||||||||||||||||||||
NH Hotel Group SA |
Call | UBS AG | 10/22/15 | EUR | 5.13 | 86,000 | (4,101 | ) | ||||||||||||||||||||||
Nintendo Co. Ltd. |
Call | Morgan Stanley & Co. International PLC | 10/22/15 | JPY | 24,341.20 | 12,300 | (5,660 | ) | ||||||||||||||||||||||
Roche Holding AG |
Call | UBS AG | 10/22/15 | CHF | 268.28 | 9,200 | (35,232 | ) |
6 | SEPTEMBER 30, 2015 |
Schedule of Investments (continued) | BlackRock Global Opportunities Equity Trust (BOE) |
Description | Put/ Call |
Counterparty | Expiration Date |
Strike Price |
Contracts |
|
Value | |||||||||||||||||||||||
SoftBank Group Corp. |
Call | Morgan Stanley & Co. International PLC | 10/22/15 | JPY | 6,577.41 | 44,600 | $ | (1,496 | ) | |||||||||||||||||||||
TransUnion |
Call | Morgan Stanley & Co. International PLC | 10/22/15 | USD | 26.14 | 56,000 | (32,291 | ) | ||||||||||||||||||||||
PPL Corp. |
Call | UBS AG | 10/23/15 | USD | 30.36 | 68,000 | (174,103 | ) | ||||||||||||||||||||||
Delphi Automotive PLC |
Call | Deutsche Bank AG | 10/26/15 | USD | 75.75 | 37,000 | (103,705 | ) | ||||||||||||||||||||||
Anheuser-Busch InBev NV |
Call | Bank of America N.A. | 10/27/15 | EUR | 96.27 | 29,000 | (132,656 | ) | ||||||||||||||||||||||
AstraZeneca PLC |
Call | Bank of America N.A. | 10/27/15 | GBP | 44.19 | 22,000 | (19,453 | ) | ||||||||||||||||||||||
AXA SA |
Call | Morgan Stanley & Co. International PLC | 10/27/15 | EUR | 23.08 | 71,000 | (21,757 | ) | ||||||||||||||||||||||
BAE Systems PLC |
Call | Deutsche Bank AG | 10/27/15 | GBP | 4.64 | 175,000 | (8,605 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | UBS AG | 10/27/15 | GBP | 5.99 | 38,000 | (5,801 | ) | ||||||||||||||||||||||
Diageo PLC |
Call | Bank of America N.A. | 10/27/15 | GBP | 17.77 | 93,500 | (77,345 | ) | ||||||||||||||||||||||
Galp Energia SGPS SA |
Call | UBS AG | 10/27/15 | EUR | 9.16 | 56,000 | (14,931 | ) | ||||||||||||||||||||||
Kennedy-Wilson Holdings, Inc. |
Call | Deutsche Bank AG | 10/27/15 | USD | 24.24 | 50,000 | (4,794 | ) | ||||||||||||||||||||||
Lloyds Banking Group PLC |
Call | Morgan Stanley & Co. International PLC | 10/27/15 | GBP | 0.79 | 572,500 | (9,417 | ) | ||||||||||||||||||||||
Nestle SA |
Call | UBS AG | 10/27/15 | CHF | 75.07 | 36,000 | (39,956 | ) | ||||||||||||||||||||||
New Relic, Inc. |
Call | Citibank N.A. | 10/27/15 | USD | 36.15 | 20,000 | (54,305 | ) | ||||||||||||||||||||||
New Relic, Inc. |
Call | Morgan Stanley & Co. International PLC | 10/27/15 | USD | 33.27 | 32,800 | (164,178 | ) | ||||||||||||||||||||||
Samsonite International SA |
Call | Bank of America N.A. | 10/27/15 | HKD | 25.07 | 82,200 | (11,350 | ) | ||||||||||||||||||||||
Telefonica Deutschland Holding AG |
Call | Goldman Sachs International | 10/27/15 | EUR | 5.74 | 250,000 | (17,097 | ) | ||||||||||||||||||||||
Unilever PLC |
Call | Bank of America N.A. | 10/27/15 | GBP | 26.19 | 12,500 | (24,310 | ) | ||||||||||||||||||||||
NH Hotel Group SA |
Call | UBS AG | 10/28/15 | EUR | 5.01 | 142,300 | (17,586 | ) | ||||||||||||||||||||||
Platform Specialty Products Corp. |
Call | Goldman Sachs International | 10/28/15 | USD | 20.60 | 66,000 | (11 | ) | ||||||||||||||||||||||
BankUnited, Inc. |
Call | Morgan Stanley & Co. International PLC | 10/29/15 | USD | 35.87 | 50,000 | (40,482 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | Morgan Stanley & Co. International PLC | 10/29/15 | GBP | 5.69 | 19,000 | (6,489 | ) | ||||||||||||||||||||||
Koninklijke Philips NV |
Call | Deutsche Bank AG | 10/29/15 | EUR | 23.67 | 42,900 | (4,399 | ) | ||||||||||||||||||||||
Lloyds Banking Group PLC |
Call | Morgan Stanley & Co. International PLC | 10/29/15 | GBP | 0.77 | 734,000 | (15,910 | ) | ||||||||||||||||||||||
Adobe Systems, Inc. |
Call | Credit Suisse International | 10/30/15 | USD | 85.99 | 18,300 | (26,319 | ) | ||||||||||||||||||||||
Assured Guaranty Ltd. |
Call | Deutsche Bank AG | 10/30/15 | USD | 26.25 | 33,000 | (23,923 | ) | ||||||||||||||||||||||
Carnival Corp. |
Call | Credit Suisse International | 10/30/15 | USD | 52.30 | 37,000 | (28,753 | ) | ||||||||||||||||||||||
Hortonworks, Inc. |
Call | Morgan Stanley & Co. International PLC | 10/30/15 | USD | 25.18 | 48,000 | (10,617 | ) | ||||||||||||||||||||||
Lowes Cos., Inc. |
Call | Citibank N.A. | 10/30/15 | USD | 71.13 | 37,600 | (31,475 | ) | ||||||||||||||||||||||
Mondelez International, Inc., Class A |
Call | Morgan Stanley & Co. International PLC | 10/30/15 | USD | 43.86 | 65,000 | (46,584 | ) | ||||||||||||||||||||||
Aramark |
Call | Citibank N.A. | 11/02/15 | USD | 32.31 | 48,000 | (11,763 | ) | ||||||||||||||||||||||
Assured Guaranty Ltd. |
Call | Credit Suisse International | 11/03/15 | USD | 26.74 | 33,000 | (21,030 | ) | ||||||||||||||||||||||
Crown Holdings, Inc. |
Call | Citibank N.A. | 11/03/15 | USD | 50.56 | 55,000 | (12,586 | ) | ||||||||||||||||||||||
Kennedy Wilson Europe Real Estate PLC |
Call | Morgan Stanley & Co. International PLC | 11/03/15 | GBP | 11.87 | 15,000 | (678 | ) | ||||||||||||||||||||||
SABMiller PLC |
Call | Morgan Stanley & Co. International PLC | 11/03/15 | GBP | 30.78 | 45,000 | (469,330 | ) | ||||||||||||||||||||||
Statoil ASA |
Call | Deutsche Bank AG | 11/03/15 | NOK | 129.09 | 75,000 | (23,838 | ) | ||||||||||||||||||||||
Adecco SA |
Call | Deutsche Bank AG | 11/04/15 | CHF | 72.72 | 25,000 | (46,039 | ) | ||||||||||||||||||||||
Anheuser-Busch InBev NV |
Call | Goldman Sachs International | 11/04/15 | EUR | 96.97 | 12,100 | (50,811 | ) | ||||||||||||||||||||||
AstraZeneca PLC |
Call | Bank of America N.A. | 11/04/15 | GBP | 43.11 | 10,000 | (12,086 | ) | ||||||||||||||||||||||
AstraZeneca PLC |
Call | Morgan Stanley & Co. International PLC | 11/04/15 | GBP | 44.03 | 22,300 | (21,076 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | Goldman Sachs International | 11/04/15 | GBP | 5.46 | 102,000 | (58,852 | ) | ||||||||||||||||||||||
CRRC Corp. Ltd., Class H |
Call | UBS AG | 11/04/15 | HKD | 10.21 | 1,275,000 | (122,073 | ) | ||||||||||||||||||||||
Hermes Microvision, Inc. |
Call | Citibank N.A. | 11/04/15 | TWD | 1,242.68 | 22,000 | (84,321 | ) | ||||||||||||||||||||||
Lloyds Banking Group PLC |
Call | Goldman Sachs International | 11/04/15 | GBP | 0.76 | 572,500 | (16,620 | ) | ||||||||||||||||||||||
NH Hotel Group SA |
Call | Goldman Sachs International | 11/04/15 | EUR | 4.90 | 50,000 | (8,607 | ) | ||||||||||||||||||||||
NH Hotel Group SA |
Call | Goldman Sachs International | 11/04/15 | EUR | 5.16 | 85,000 | (7,653 | ) | ||||||||||||||||||||||
Nordea Bank AB |
Call | Bank of America N.A. | 11/04/15 | SEK | 98.40 | 118,000 | (21,131 | ) | ||||||||||||||||||||||
Nordea Bank AB |
Call | UBS AG | 11/04/15 | SEK | 96.16 | 27,000 | (6,505 | ) | ||||||||||||||||||||||
Samsonite International SA |
Call | Bank of America N.A. | 11/04/15 | HKD | 26.78 | 234,000 | (15,533 | ) | ||||||||||||||||||||||
SMC Corp. |
Call | BNP Paribas S.A. | 11/04/15 | JPY | 27,224.34 | 4,900 | (34,200 | ) | ||||||||||||||||||||||
Sumitomo Mitsui Financial Group, Inc. |
Call | BNP Paribas S.A. | 11/04/15 | JPY | 4,720.11 | 57,000 | (67,173 | ) | ||||||||||||||||||||||
Telefonica Deutschland Holding AG |
Call | Morgan Stanley & Co. International PLC | 11/04/15 | EUR | 5.45 | 255,000 | (54,169 | ) | ||||||||||||||||||||||
Unibail-Rodamco SE REIT |
Call | Bank of America N.A. | 11/04/15 | EUR | 235.43 | 3,800 | (26,916 | ) | ||||||||||||||||||||||
Unibail-Rodamco SE REIT |
Call | Deutsche Bank AG | 11/04/15 | EUR | 230.51 | 6,500 | (67,664 | ) | ||||||||||||||||||||||
Unilever PLC |
Call | Morgan Stanley & Co. International PLC | 11/04/15 | GBP | 26.63 | 61,500 | (96,916 | ) | ||||||||||||||||||||||
BankUnited, Inc. |
Call | Citibank N.A. | 11/05/15 | USD | 37.19 | 29,400 | (11,429 | ) | ||||||||||||||||||||||
FirstEnergy Corp. |
Call | Goldman Sachs International | 11/05/15 | USD | 32.25 | 44,000 | (16,419 | ) | ||||||||||||||||||||||
Prudential PLC |
Call | Goldman Sachs International | 11/05/15 | GBP | 13.66 | 90,000 | (87,371 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | Morgan Stanley & Co. International PLC | 11/06/15 | GBP | 5.88 | 40,000 | (10,274 | ) | ||||||||||||||||||||||
Eni SpA |
Call | UBS AG | 11/06/15 | EUR | 15.71 | 121,000 | (12,595 | ) |
SEPTEMBER 30, 2015 | 7 |
Schedule of Investments (continued) | BlackRock Global Opportunities Equity Trust (BOE) |
Description | Put/ Call |
Counterparty | Expiration Date |
Strike Price |
Contracts |
|
Value | |||||||||||||||||||||||
Nestle SA |
Call | Deutsche Bank AG | 11/06/15 | CHF | 75.55 | 36,000 | $ | (33,335 | ) | |||||||||||||||||||||
New Relic, Inc. |
Call | Deutsche Bank AG | 11/06/15 | USD | 38.55 | 23,500 | (36,860 | ) | ||||||||||||||||||||||
UBS Group AG |
Call | Morgan Stanley & Co. International PLC | 11/06/15 | CHF | 18.54 | 109,000 | (50,328 | ) | ||||||||||||||||||||||
Abbott Laboratories |
Call | Citibank N.A. | 11/09/15 | USD | 43.57 | 17,800 | (6,673 | ) | ||||||||||||||||||||||
Boston Scientific Corp. |
Call | Deutsche Bank AG | 11/09/15 | USD | 16.41 | 164,000 | (122,314 | ) | ||||||||||||||||||||||
Hain Celestial Group, Inc. |
Call | Morgan Stanley & Co. International PLC | 11/09/15 | USD | 61.20 | 44,000 | (8,303 | ) | ||||||||||||||||||||||
Macquarie Infrastructure Corp. |
Call | UBS AG | 11/09/15 | USD | 82.31 | 24,000 | (9,834 | ) | ||||||||||||||||||||||
Sensata Technologies Holding NV |
Call | Deutsche Bank AG | 11/09/15 | USD | 44.97 | 42,000 | (60,529 | ) | ||||||||||||||||||||||
St. Jude Medical, Inc. |
Call | Citibank N.A. | 11/09/15 | USD | 73.83 | 22,500 | (5,091 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | Goldman Sachs International | 11/10/15 | GBP | 5.46 | 102,000 | (61,347 | ) | ||||||||||||||||||||||
FANUC Corp. |
Call | Morgan Stanley & Co. International PLC | 11/10/15 | JPY | 18,861.94 | 20,000 | (103,801 | ) | ||||||||||||||||||||||
Kennedy-Wilson Holdings, Inc. |
Call | Morgan Stanley & Co. International PLC | 11/10/15 | USD | 25.19 | 50,000 | (3,933 | ) | ||||||||||||||||||||||
NH Hotel Group SA |
Call | Morgan Stanley & Co. International PLC | 11/10/15 | EUR | 5.15 | 85,000 | (8,413 | ) | ||||||||||||||||||||||
Samsonite International SA |
Call | Bank of America N.A. | 11/10/15 | HKD | 25.04 | 128,700 | (21,805 | ) | ||||||||||||||||||||||
Societe Generale SA |
Call | Bank of America N.A. | 11/10/15 | EUR | 39.98 | 43,000 | (97,473 | ) | ||||||||||||||||||||||
TransUnion |
Call | Deutsche Bank AG | 11/10/15 | USD | 25.74 | 11,800 | (13,725 | ) | ||||||||||||||||||||||
AstraZeneca PLC |
Call | Bank of America N.A. | 11/11/15 | GBP | 42.57 | 47,000 | (82,670 | ) | ||||||||||||||||||||||
Galp Energia SGPS SA |
Call | Morgan Stanley & Co. International PLC | 11/12/15 | EUR | 8.89 | 90,000 | (43,015 | ) | ||||||||||||||||||||||
Novartis AG |
Call | Goldman Sachs International | 11/12/15 | CHF | 91.35 | 4,800 | (11,027 | ) | ||||||||||||||||||||||
Roche Holding AG |
Call | UBS AG | 11/12/15 | CHF | 254.94 | 7,600 | (79,434 | ) | ||||||||||||||||||||||
Industrial & Commercial Bank of China Ltd., Class H |
Call | Citibank N.A. | 11/13/15 | HKD | 4.67 | 4,622,000 | (83,393 | ) | ||||||||||||||||||||||
Mitsui Fudosan Co. Ltd. |
Call | UBS AG | 11/13/15 | JPY | 3,292.10 | 87,000 | (117,594 | ) | ||||||||||||||||||||||
Eastman Chemical Co. |
Call | Citibank N.A. | 11/16/15 | USD | 74.83 | 17,000 | (9,438 | ) | ||||||||||||||||||||||
Aramark |
Call | Credit Suisse International | 11/17/15 | USD | 32.06 | 49,000 | (20,947 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | Morgan Stanley & Co. International PLC | 11/18/15 | GBP | 5.64 | 101,800 | (48,478 | ) | ||||||||||||||||||||||
FirstEnergy Corp. |
Call | Credit Suisse International | 11/18/15 | USD | 32.03 | 75,000 | (43,121 | ) | ||||||||||||||||||||||
Telefonica Deutschland Holding AG |
Call | Morgan Stanley & Co. International PLC | 11/18/15 | EUR | 5.57 | 206,000 | (34,067 | ) | ||||||||||||||||||||||
BankUnited, Inc. |
Call | Credit Suisse International | 11/19/15 | USD | 36.11 | 33,000 | (30,419 | ) | ||||||||||||||||||||||
Element Financial Corp. |
Call | Credit Suisse International | 11/19/15 | CAD | 18.72 | 78,000 | (35,471 | ) | ||||||||||||||||||||||
PPL Corp. |
Call | Citibank N.A. | 11/19/15 | USD | 32.30 | 13,300 | (14,722 | ) | ||||||||||||||||||||||
SoftBank Group Corp. |
Call | Goldman Sachs International | 11/19/15 | JPY | 5,593.91 | 46,000 | (77,260 | ) | ||||||||||||||||||||||
UBS Group AG |
Call | Morgan Stanley & Co. International PLC | 11/19/15 | CHF | 18.54 | 109,000 | (60,797 | ) | ||||||||||||||||||||||
Kennedy-Wilson Holdings, Inc. |
Call | Morgan Stanley & Co. International PLC | 11/24/15 | USD | 24.99 | 35,000 | (5,510 | ) | ||||||||||||||||||||||
Eastman Chemical Co. |
Call | Citibank N.A. | 11/30/15 | USD | 72.95 | 18,400 | (13,643 | ) | ||||||||||||||||||||||
Sensata Technologies Holding NV |
Call | Credit Suisse International | 11/30/15 | USD | 44.91 | 30,500 | (57,130 | ) | ||||||||||||||||||||||
Industrial & Commercial Bank of China Ltd., Class H |
Call | Citibank N.A. | 12/01/15 | HKD | 4.48 | 4,622,000 | (137,699 | ) | ||||||||||||||||||||||
Mitsui Fudosan Co. Ltd. |
Call | Goldman Sachs International | 12/01/15 | JPY | 3,467.50 | 87,000 | (89,774 | ) | ||||||||||||||||||||||
NH Hotel Group SA |
Call | Morgan Stanley & Co. International PLC | 12/01/15 | EUR | 4.78 | 110,000 | (31,013 | ) | ||||||||||||||||||||||
Crest Nicholson Holdings PLC |
Call | Bank of America N.A. | 12/03/15 | GBP | 5.89 | 40,000 | (10,235 | ) | ||||||||||||||||||||||
Kennedy-Wilson Holdings, Inc. |
Call | Morgan Stanley & Co. International PLC | 12/08/15 | USD | 22.93 | 48,000 | (40,769 | ) | ||||||||||||||||||||||
Element Financial Corp. |
Call | Credit Suisse International | 12/09/15 | CAD | 18.72 | 78,000 | (44,924 | ) | ||||||||||||||||||||||
Total |
$ | (6,146,982 | ) | |||||||||||||||||||||||||||
|
|
Fair Value Hierarchy as of Period End
|
Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
| Level 1 unadjusted price quotations in active markets/exchanges for identical assets or 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, 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 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 fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety.
8 | SEPTEMBER 30, 2015 |
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 hierarchy. In accordance with the Trusts policy, transfers between different levels of the fair value 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 investments and derivative financial instruments 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, refer to the Trusts most recent financial statements as contained in its semi-annual report.
The following tables summarize the Trusts investments and derivative financial instruments categorized in the disclosure hierarchy:
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Assets: |
||||||||||||||||
Investments: |
||||||||||||||||
Long-Term Investments: |
||||||||||||||||
Common Stocks: |
||||||||||||||||
Australia |
| $ | 794,221 | | $ | 794,221 | ||||||||||
Belgium |
| 8,004,254 | | 8,004,254 | ||||||||||||
British Virgin Islands |
$ | 12,806,782 | | | 12,806,782 | |||||||||||
Canada |
11,951,706 | | | 11,951,706 | ||||||||||||
China |
8,685,102 | 5,424,948 | | 14,110,050 | ||||||||||||
France |
| 37,753,380 | | 37,753,380 | ||||||||||||
Germany |
| 21,507,294 | | 21,507,294 | ||||||||||||
Hong Kong |
| 19,211,416 | | 19,211,416 | ||||||||||||
India |
5,649,671 | 9,739,142 | | 15,388,813 | ||||||||||||
Indonesia |
| 6,526,035 | | 6,526,035 | ||||||||||||
Ireland |
5,307,248 | 7,891,575 | | 13,198,823 | ||||||||||||
Italy |
| 6,926,107 | | 6,926,107 | ||||||||||||
Japan |
| 47,245,897 | | 47,245,897 | ||||||||||||
Netherlands |
| 7,240,192 | | 7,240,192 | ||||||||||||
New Zealand |
| 3,382,918 | | 3,382,918 | ||||||||||||
Norway |
| 6,472,533 | | 6,472,533 | ||||||||||||
Peru |
4,847,782 | | | 4,847,782 | ||||||||||||
Portugal |
4,588,619 | | | 4,588,619 | ||||||||||||
South Africa |
| 8,378,123 | | 8,378,123 | ||||||||||||
Spain |
| 24,271,183 | | 24,271,183 | ||||||||||||
Sweden |
| 5,991,697 | | 5,991,697 | ||||||||||||
Switzerland |
7,337,957 | 33,617,223 | | 40,955,180 | ||||||||||||
Taiwan |
5,053,527 | 2,746,170 | | 7,799,697 | ||||||||||||
United Kingdom |
22,151,528 | 70,743,978 | 5,796,919 | 98,692,425 | ||||||||||||
United States |
481,798,538 | 5,393,632 | 4,176,329 | 491,368,499 | ||||||||||||
Investment Companies |
5,207,118 | | | 5,207,118 | ||||||||||||
Preferred Stocks |
| | 21,405,518 | 21,405,518 | ||||||||||||
Short-Term Securities |
25,328,135 | | | 25,328,135 | ||||||||||||
|
|
|||||||||||||||
Total |
$ | 600,713,713 | $ | 339,261,918 | $ | 31,378,766 | $ | 971,354,397 | ||||||||
|
|
|||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Derivative Financial Instruments1 |
||||||||||||||||
Liabilities: |
||||||||||||||||
Equity contracts |
$ | (2,177,785 | ) | $ | (6,328,960 | ) | $ | (8,506,755 | ) | |||||||
|
|
|||||||||||||||
1 Derivative financial instruments are options written, which are shown at value. |
|
|||||||||||||||
The Trust may hold assets in which the fair value approximates the carrying amount for financialreporting purposes. As of period end, such assets are categorized within the disclosure hierarchy as follows: | ||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Assets: |
||||||||||||||||
Cash |
$ | 28,706 | | | $ | 28,706 | ||||||||||
Foreign currency at value |
1,752,453 | | | 1,752,453 | ||||||||||||
|
|
|||||||||||||||
Total |
$ | 1,781,159 | | | $ | 1,781,159 | ||||||||||
|
|
|||||||||||||||
Transfers between Level 1 and Level 2 were as follow:
|
||||||||||||||||
Transfers into Level 11 |
Transfers out of Level 1 2 |
Transfers into Level 2 2 |
Transfers out of Level 21 |
|||||||||||||
Assets: |
||||||||||||||||
Investments: |
||||||||||||||||
Long-Term Investments: |
||||||||||||||||
Common Stocks |
6,037,361 | (11,361,159 | ) | 11,361,159 | (6,037,361 | ) |
SEPTEMBER 30, 2015 | 9 |
Schedule of Investments (concluded) | BlackRock Global Opportunities Equity Trust (BOE) |
1 | Systematic Fair Value Prices were not utilized at period end for these investments. |
2 | External pricing service used to reflect any significant market movements between the time the Fund valued such foreign securities and the earlier closing of foreign markets. |
A reconciliation of Level 3 investments is presented when the Trust had a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:
Common Stocks |
Preferred Stocks |
Total | ||||||||||
Assets: |
||||||||||||
Opening Balance, as of December 31, 2014 |
$ | 10,140,910 | $ | 14,907,869 | $ | 25,048,779 | ||||||
Transfers into Level 3 |
| | | |||||||||
Transfers out of Level 3 |
| | | |||||||||
Accrued discounts/premiums |
| | | |||||||||
Net realized gain (loss) |
| | | |||||||||
Net change in unrealized appreciation/depreciation |
(167,662 | ) | 6,497,649 | 6,329,987 | ||||||||
Purchases |
| | | |||||||||
Sales |
| | | |||||||||
|
|
|||||||||||
Closing Balance, as of September 30, 2015 |
$ | 9,973,248 | $ | 21,405,518 | $ | 31,378,766 | ||||||
|
|
|||||||||||
Net change in unrealized appreciation/depreciation on investments still held at September 30, 2015 |
$ | (167,662 | ) | $ | 6,497,649 | $ | 6,329,987 | |||||
|
|
The following table summarizes the valuation techniques used and unobservable inputs utilized by the BlackRock Global Valuation Methodologies Committee (the Global Valuation Committee) to determine the value of certain of the Trusts Level 3 investments as of period end.
Value | Valuation Techniques | Unobservable Inputs | Range of Unobservable Inputs Utilized | |||||||||
Assets: |
||||||||||||
Common Stocks |
$ | 9,973,248 | Market Comparable Companies | Tangible Book Value Multiple1 | 1.60x-2.10x | |||||||
Preferred Stocks |
21,045,518 | Probability-Weighted Expected Return Model | Years to IPO2 | 1-3 | ||||||||
Revenue Growth Rate1 | 86.44% | |||||||||||
IPO Exit Probability1 | 70.00% | |||||||||||
Projected Revenue Multiple 1 | 1.43x-3.28x | |||||||||||
Discount Rate 1 | 25.00% | |||||||||||
Market Comparable Companies | Net Revenue Multiple1 | 24.75x | ||||||||||
Net Revenue Growth Rate1 | 372.8% | |||||||||||
Projected Revenue Multiple1 | 21.0x | |||||||||||
Compounded Annual Revenue Growth Rate1 | 94.00% | |||||||||||
Total |
$ | 31,018,766 |
1 | Increase in unobservable input may result in a significant increase to value, while a decrease in the unobservable input may result in a significant decrease to value. |
2 | Decrease in unobservable input may result in a significant increase to value, while an increase in the unobservable input may result in a significant decrease to value. |
10 | SEPTEMBER 30, 2015 |
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: | November 23, 2015 |
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: | November 23, 2015 | |
By: | /s/ Neal J. Andrews | |
Neal J. Andrews | ||
Chief Financial Officer (principal financial officer) of | ||
BlackRock Global Opportunities Equity Trust | ||
Date: | November 23, 2015 |