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BlackRock Enhanced Global Dividend Trust

Regulatory Filings Sep 28, 2009

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N-Q 1 c58791_nq.htm

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: Anne F. Ackerley, Chief Executive Officer, BlackRock Global Opportunities Equity Trust, 40 East 52 nd Street, New York, NY 10022.

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

Date of fiscal year end: 10/31/2009

Date of reporting period: 07/31/2009

Item 1 – Schedule of Investments

| Schedule of
Investments July 31, 2009 (Unaudited) |
| --- |
| (Percentages
shown are based on Net Assets) |

Common Stocks Value
Australia—1.3%
BHP Billiton Ltd. 1,913 $ 60,363
BHP Billiton Ltd. - ADR 26,500 1,668,440
Foster’s Group Ltd. 1,836,900 8,253,663
Woodside Petroleum Ltd. 167,100 6,404,468
16,386,934
Austria—0.4%
OMV AG 125,100 4,963,965
Belgium—0.5%
Belgacom SA 187,300 6,709,790
Bermuda—1.1%
Allied World Assurance Co. Holdings Ltd. 76,900 3,342,074
Invesco Ltd. 209,200 4,131,700
Nabors Industries Ltd. (a) 229,300 3,902,686
RenaissanceRe Holdings Ltd. 52,900 2,658,225
14,034,685
Brazil—1.4%
Banco Bradesco SA - ADR 78,400 1,236,368
BM&FBOVESPA SA 81,644 526,862
Cia Energetica de Minas Gerais - ADR 498,914 7,124,492
Petroleo Brasileiro SA ADR 216,100 8,911,964
17,799,686
Canada—4.3%
Barrick Gold Corp. 266,700 9,308,520
Bombardier, Inc., Class B 1,385,200 4,912,011
Canadian Natural Resources Ltd. 57,900 3,496,581
Crescent Point Energy Corp. 162,100 5,266,651
EnCana Corp. 87,300 4,683,645
Husky Energy, Inc. 194,224 5,715,387
Petro-Canada 71,400 2,953,818
Potash Corp. of Saskatchewan, Inc. 25,400 2,362,454
Research In Motion Ltd. (a) 93,900 7,136,400
Royal Bank Of Canada 65,100 3,098,935
Toronto-Dominion Bank (The) 101,500 5,946,313
54,880,715
Cayman Islands—0.5%
Herbalife Ltd. 178,000 6,124,980
China—1.7%
China Construction Bank Corp. Class H 11,563,200 9,287,453
China Life Insurance Co. Ltd. Class H 718,600 3,182,411
Guangzhou R&F Properties Co. Ltd. 322,792 708,794
Industrial & Commercial Bank of China 10,654,600 7,650,657
PICC Property & Casualty Co. Ltd. (a) 1,204,000 935,371
21,764,686
Finland—1.1%
Fortum Oyj 178,700 4,141,844
Nokia Oyj 317,600 4,270,583
Wartsila Oyj B Shares 153,500 5,497,222
13,909,649
France—4.0%
Alstom SA 124,500 8,549,151
AXA SA 178,000 3,757,272
BNP Paribas 86,400 6,273,597
Compagnie Generale des Etablissements Michelin Class B 130,900 9,449,455
Lafarge SA 744 53,747
PPR 49,800 5,546,548
Total SA 153,309 8,502,584
Unibail-Rodamco SE - REIT 18,800 3,284,281
Vivendi 228,154 5,848,388
51,265,023
Germany—3.7%
Allianz SE 43,900 4,334,412
Deutche Boerse AG 26,700 2,112,863
Fresenius Medical Care AG & Co. KGaA 195,400 8,974,415
K+S AG 74,100 4,148,501
Linde AG 122,300 11,528,191
Common Stocks Value
Germany— (concluded)
Salzgitter AG 61,500 $ 6,213,450
Software AG 14,426 1,079,045
Thyssenkrupp AG 260,198 7,995,082
46,385,959
Hong Kong—3.2%
ASM Pacific Technology Ltd. 870,200 5,896,142
China Mobile Ltd. 501,000 5,257,231
Esprit Holdings Ltd. 321,945 2,318,387
Hong Kong Exchanges and Clearing Ltd. 233,200 4,378,805
Hongkong Electric Holdings Ltd. 1,071,500 5,908,393
Hutchison Whampoa Ltd. 1,219,600 9,116,251
Kerry Properties Ltd. 804,800 4,142,699
New World Development Ltd. 1,467,100 3,492,208
40,510,116
India—0.1%
State Bank of India Ltd. 27,100 1,026,894
Indonesia—0.4%
Bank Negara Indonesia Persero Tbk PT 24,861,500 4,731,105
Israel—1.4%
Partner Communications Co. Ltd. - ADR (b) 919,900 17,349,314
Italy—1.6%
A2A SpA 2,183,534 3,976,378
Assicurazioni Generali SpA 81,268 1,852,158
Intesa Sanpaolo SpA 941,700 2,651,407
Paramalat SpA 2,656,900 6,642,935
UniCredit SpA (a) 1,747,925 5,100,473
20,223,351
Japan—5.4%
Honda Motor Co. Ltd. 186,500 5,964,158
ITOCHU Corp. 969,400 7,213,961
Konica Minolta Holdings, Inc. 480,500 5,209,966
Mitsubishi Estate Co. Ltd. 142,000 2,356,910
Mitsubishi UFJ Financial Group, Inc. 907,200 5,540,431
Mitsui Fudosan Co. Ltd. 172,000 3,149,759
Mizuho Financial Group, Inc. 544,029 1,250,710
Nintendo Co. Ltd. 26,100 7,012,391
NSK Ltd. 923,000 4,979,382
Sumitomo Corp. 716,300 7,047,355
Sumitomo Mitsui Financial Group, Inc. 78,900 3,358,564
T&D Holdings, Inc. 42,500 1,240,491
Tokyo Electric Power Co., Inc. (The) 240,900 6,167,089
Toyota Motor Corp. 185,100 7,769,268
68,260,435
Luxembourg—1.1%
ArcelorMittal NY Registered Shares 395,200 14,243,008
Malaysia—0.1%
Bumiputra-Commerce Holdings Bhd 246,700 755,341
Mexico—0.9%
Fomento Economico Mexicano SAB de CV - ADR 290,600 11,217,160
Netherlands—0.2%
ASML Holdings NV NY Registered Shares 79,200 2,059,992
Norway—1.5%
Orkla ASA 706,300 5,620,093
StatoilHdryo ASA 278,600 5,956,704
Yara International ASA 242,900 7,546,342
19,123,139
Philippines—0.5%
Philippine Long Distance Telephone Co. - ADR 117,000 6,162,390
Singapore—1.8%
CapitaLand Ltd. 1,256,451 3,332,463
DBS Group Holdings Ltd. 403,000 3,887,336
Singapore Telecommunications Ltd. 4,424,755 10,753,478
United Overseas Bank Ltd. 448,000 5,499,187
23,472,464
South Korea—0.1%
Samsung Electronics Co. Ltd. 2,700 1,589,778

1 JULY 31, 2009

Schedule of Investments (continued)
(Percentages
shown are based on Net Assets)
Common Stocks Value
Spain—0.8%
Banco Santander SA 664,645 $ 9,624,711
Sweden—0.9%
Nordea Bank AB 740,700 7,164,748
Skanska AB B Shares 270,000 3,788,432
10,953,180
Switzerland—3.0%
Alcon, Inc. 60,800 7,758,080
Nestle SA 347,999 14,300,828
Novartis AG 120,700 5,514,722
Syngenta AG 32,000 7,364,091
Transocean Ltd. (a) 14,700 1,171,443
Zurich Financial Services AG 11,368 2,232,425
38,341,589
Taiwan—0.4%
Mega Financial Holding Co. Ltd. 1,584,800 824,709
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR 466,130 4,880,381
5,705,090
Thailand—0.2%
Bangkok Bank PCL 874,100 2,882,606
United Kingdom—8.0%
Barclays Plc (a) 709,400 3,605,860
Catlin Group Ltd. 452,320 2,335,462
De La Rue Plc 278,655 3,875,843
GlaxoSmithKline Plc 610,736 11,701,448
Hays Plc 2,877,200 4,579,854
HSBC Holdings Plc 974,830 9,864,161
Imperial Tobacco Group Plc 376,291 10,738,381
Next Plc 243,900 6,954,458
Persimmon Plc 556,200 4,183,507
Prudential Plc 695,400 5,207,702
Rio Tinto Plc - ADR 6,130 1,027,266
Royal Dutch Shell Plc, Class B 450,200 11,673,958
Standard Chartered Plc 201,708 4,788,709
Tesco Plc 606,200 3,713,217
Unilever Plc 467,700 12,328,062
Vodafone Group Plc 819,393 1,684,672
Vodafone Group Plc - ADR (b) 175,400 3,609,732
101,872,292
United States—39.9%
3M Co. 115,000 8,109,800
Allstate Corp. (The) 58,200 1,566,162
Altera Corp. 395,100 7,384,419
Altria Group, Inc. (b) 603,500 10,579,355
Amerprise Financial, Inc. 102,600 2,852,280
Amgen, Inc. (a)(b) 255,600 15,926,436
Anadarko Petroleum Corp. 80,600 3,884,920
Analog Devices, Inc. 277,400 7,592,438
Apple, Inc. (a) 47,100 7,695,669
Applied Materials, Inc. 516,700 7,130,460
AvalonBay Communities, Inc. - REIT (b) 41,520 2,416,464
Bank of New York Mellon Corp. (The) 150,000 4,101,000
BJ Services Co. 312,300 4,428,414
Boston Properties, Inc. - REIT 49,300 2,607,970
Bristol-Myers Squibb Co. 239,600 5,208,904
Broadcom Corp. (a) 312,300 8,816,229
Campbell Soup Co. 170,000 5,275,100
CBS Corp. Class B 620,600 5,082,714
Charles Schwab Corp. (The) 195,400 3,491,798
Chevron Corp. 195,100 13,553,597
Cisco Systems, Inc. (a) 436,000 9,596,360
Colgate-Palmolive Co. 66,700 4,831,748
Comcast Corp. Class A 448,800 6,669,168
Corning, Inc. 192,200 3,267,400
CSX Corp. 196,900 7,899,628
CVS Caremark Corp. 142,900 4,784,292
Dominion Resources, Inc. 177,600 6,002,880
eBay, Inc. (a) 337,300 7,167,625
EOG Resources, Inc. 61,000 4,515,830
Common Stocks Value
United States— (concluded)
Exxon Mobil Corp. 35,000 $ 2,463,650
FPL Group, Inc. 59,400 3,366,198
Freeport-McMoRan Copper & Gold, Inc. 115,700 6,976,710
General Electric Co. 309,200 4,143,280
Genzyme Corp. (a) 108,100 5,609,309
Goldman Sachs Group, Inc. (The) 44,300 7,234,190
Google, Inc. Class A (a) 20,800 9,215,440
Greenhill & Co., Inc. 73,400 5,528,488
H.J. Heinz Co. 154,400 5,938,224
Halliburton Co. 276,100 6,099,049
Helmerich & Payne, Inc. 158,300 5,439,188
Hewlett-Packard Co. 178,200 7,716,060
Hudson City Bancorp, Inc. 95,200 1,338,512
Intel Corp. (b) 489,800 9,428,650
IntercontinentalExchange, Inc. (a) 26,200 2,464,372
International Business Machines Corp. 76,000 8,962,680
International Paper Co. 373,900 7,033,059
J.M. Smucker Co. (The) 121,237 6,065,487
JPMorgan Chase & Co. 223,300 8,630,545
KeyCorp 170,500 985,490
Kohl’s Corp. (a)(b) 123,600 6,000,780
Lincoln National Corp. 38,200 809,458
Marathon Oil Corp. 160,000 5,160,000
McDonald’s Corp. 121,000 6,662,260
Medco Health Solutions, Inc. (a) 154,700 8,177,442
Medtronic, Inc. 218,300 7,732,186
MetLife, Inc. 40,800 1,385,160
Microsoft Corp. (b) 404,300 9,509,136
Molson Coors Brewing Co. Class B 136,100 6,153,081
Morgan Stanley 108,700 3,097,950
Motorola, Inc. 365,500 2,616,980
Newmont Mining Corp. 183,000 7,567,050
Nucor Corp. (b) 142,900 6,354,763
Occidental Petroleum Corp. 105,000 7,490,700
Oracle Corp. 141,000 3,120,330
Peabody Energy Corp. 160,200 5,304,222
PepsiCo, Inc. 135,400 7,683,950
Pfizer, Inc. 849,500 13,532,535
Procter & Gamble Co. (The) (b) 75,799 4,207,603
QUALCOMM, Inc. 145,500 6,723,555
Qwest Communications International, Inc. 2,188,500 8,447,610
State Street Corp. 87,500 4,401,250
Suntrust Banks, Inc. 148,100 2,887,950
T. Rowe Price Group, Inc. 77,700 3,629,367
Target Corp. 178,700 7,794,894
TCF Financial Corp. 220,000 3,110,800
Texas Instruments, Inc. 343,300 8,256,365
The Walt Disney Co. 270,100 6,784,912
U.S. Bancorp 195,500 3,990,155
Union Pacific Corp. (b) 130,000 7,477,600
Valero Energy Corp. 290,000 5,220,000
Wal-Mart Stores, Inc. 133,400 6,653,992
Wells Fargo & Co. 216,700 5,300,482
Wyeth 94,400 4,394,320
XTO Energy, Inc. 108,000 4,344,840
Yum! Brands, Inc. 226,100 8,017,506
507,078,825
Total Long-Term Investments (Cost—$1,141,546,752)—91.5% 1,161,408,852
Short-Term Securities
BlackRock
Liquidity Funds, TempFund, 0.29%(c)(d) 53,325,635 53,325,635
Total Short-Term Securities (Cost—$53,325,635)—4.2% 53,325,635
Total Investments Before Outstanding
Options Written (Cost—$1,194,872,387*)—95.7% 1,214,734,487

JULY 31, 2009 2

| Schedule of
Investments (continued) |
| --- |
| (Percentages shown are based on Net Assets) |

| Options
Written | | | Value | |
| --- | --- | --- | --- | --- |
| Exchange-Traded Call Options Written—(1.2)% | | | | |
| 3M Co., Strike Price $65, Expires 8/24/09 | (575 | ) | $ (330,625 | ) |
| Alcon, Inc., Strike Price $105, Expires 8/24/09 | (130 | ) | (297,050 | ) |
| Alcon, Inc., Strike Price $95, Expires 8/24/09 | (235 | ) | (756,700 | ) |
| Allied World Assurance Co. Holdings Ltd., Strike Price $40, Expires 8/24/09 | (130 | ) | (48,750 | ) |
| Allstate Corp. (The), Strike Price $26, Expires 8/24/09 | (350 | ) | (57,750 | ) |
| Altera Corp., Strike Price $17, Expires 8/24/09 | (770 | ) | (134,750 | ) |
| Altera Corp., Strike Price $17.50, Expires 9/21/09 | (1,600 | ) | (256,000 | ) |
| Altria Group, Inc., Strike Price $17, Expires 8/24/09 | (3,260 | ) | (220,050 | ) |
| Amerprise Financial, Inc., Strike Price $25, Expires 8/24/09 | (610 | ) | (189,100 | ) |
| Amgen, Inc., Strike Price $57.50, Expires 8/24/09 | (170 | ) | (97,750 | ) |
| Amgen, Inc., Strike Price $60, Expires 8/24/09 | (1,360 | ) | (523,600 | ) |
| Anadarko Petroleum Corp., Strike Price $49, Expires 8/24/09 | (490 | ) | (73,500 | ) |
| Analog Devices, Inc., Strike Price $25, Expires 8/24/09 | (600 | ) | (156,000 | ) |
| Apple, Inc., Strike Price $145, Expires 8/24/09 | (275 | ) | (521,125 | ) |
| Applied Materials, Inc., Strike Price $12, Expires 8/24/09 | (450 | ) | (83,250 | ) |
| ArcelorMittal NY Registered Shares, Strike Price $35, Expires 8/24/09 | (680 | ) | (154,700 | ) |
| ArcelorMittal NY Registered Shares, Strike Price $39, Expires 9/21/09 | (505 | ) | (73,225 | ) |
| ASMLHolding NV NY Registered Shares, Strike Price $25, Expires 9/21/09 | (470 | ) | (88,125 | ) |
| AvalonBay Communities, Inc. - REIT, Strike Price $60, Expires 8/24/09 | (180 | ) | (27,000 | ) |
| AvalonBay Communities, Inc. - REIT, Strike Price $65, Expires 8/24/09 | (65 | ) | (2,112 | ) |
| Banco Bradesco SA - ADR, Strike Price $15, Expires 9/21/09 | (380 | ) | (52,250 | ) |
| Barrick Gold Corp., Strike Price $36, Expires 8/24/09 | (1,600 | ) | (124,000 | ) |
| BHP Billiton Ltd. - ADR, Strike Price $65, Expires 11/23/09 | (48 | ) | (23,040 | ) |
| BJ Services Co., Strike Price $15, Expires 9/21/09 | (1,870 | ) | (121,550 | ) |
| Bombardier, Inc. Class B, Strike Price 3.50 CAD, Expires 8/24/09 | (4,150 | ) | (119,424 | ) |
| Bristol-Myers Squibb Co., Strike Price $21, Expires 8/24/09 | (1,060 | ) | (105,470 | ) |
| Canadian Natural Resources Ltd., Strike Price $55, Expires 8/24/09 | (345 | ) | (217,350 | ) |
| Charles Schwab Corp. (The), Strike Price $17.50, Expires 9/21/09 | (270 | ) | (28,350 | ) |
| Charles Schwab Corp. (The), Strike Price $18, Expires 8/24/09 | (900 | ) | (40,500 | ) |
| Chevron Corp., Strike Price $70, Expires 8/24/09 | (750 | ) | (90,000 | ) |
| Cisco Systems, Inc., Strike Price $20, Expires 8/24/09 | (320 | ) | (69,280 | ) |
| Cisco Systems, Inc., Strike Price $21, Expires 8/24/09 | (1,900 | ) | (257,450 | ) |
| Colgate-Palmolive Co., Strike Price $75, Expires 11/23/09 | (400 | ) | (98,000 | ) |
| Comcast Corp. Class A, Strike Price $15, Expires 9/21/09 | (2,700 | ) | (216,000 | ) |

Options Written Value
Exchange-Traded Call Options Written— (continued)
Corning, Inc., Strike Price $16, Expires 8/24/09 (1,150 ) $ (140,875 )
CSX Corp., Strike Price $39, Expires 8/24/09 (1,190 ) (243,950 )
CVS Caremark Corp., Strike Price $32.50, Expires 8/24/09 (865 ) (136,238 )
eBay, Inc., Strike Price $19, Expires 8/24/09 (2,000 ) (469,000 )
EnCana Corp., Strike Price $55, Expires 8/24/09 (210 ) (25,200 )
EOG Resources, Inc., Strike Price $75, Expires 9/21/09 (360 ) (133,200 )
Fomento Economico Mexicano SAB de CV - ADR, Strike Price $35, Expires 9/21/09 (820 ) (303,400 )
FPL Group, Inc., Strike Price $60, Expires 8/24/09 (200 ) (4,500 )
Freeport-McMoRan Copper & Gold, Inc., Strike Price $50, Expires 11/23/09 (467 ) (623,445 )
Freeport-McMoRan Copper & Gold, Inc., Strike Price $50, Expires 8/24/09 (160 ) (169,600 )
Freeport-McMoRan Copper & Gold, Inc., Strike Price $55, Expires 8/24/09 (530 ) (335,225 )
General Electric Co., Strike Price $12, Expires 8/24/09 (1,150 ) (170,200 )
General Electric Co., Strike Price $13, Expires 8/24/09 (700 ) (49,000 )
Genzyme Corp., Strike Price $57.50 Expires 8/24/09 (330 ) (9,075 )
Genzyme Corp., Strike Price $60, Expires 8/24/09 (36 ) (450 )
Goldman Sachs Group, Inc. (The), Strike Price $150, Expires 8/24/09 (72 ) (100,080 )
Goldman Sachs Group, Inc. (The), Strike Price $155, Expires 8/24/09 (241 ) (233,770 )
Google, Inc., Strike Price $420, Expires 9/21/09 (60 ) (195,900 )
Google, Inc., Strike Price $430, Expires 8/24/09 (65 ) (122,850 )
Greenhill & Co., Inc., Strike Price $75, Expires 8/24/09 (350 ) (92,750 )
Greenhill & Co., Inc., Strike Price $80, Expires 9/21/09 (150 ) (28,500 )
H.J. Heinz Co., Strike Price $36, Expires 9/21/09 (930 ) (265,050 )
Helmerich & Payne, Inc., Strike Price $35, Expires 8/24/09 (955 ) (109,825 )
Hewlett-Packard Co., Strike Price $37.50, Expires 8/24/09 (600 ) (354,000 )
Hewlett-Packard Co., Strike Price $39, Expires 8/24/09 (400 ) (182,000 )
Hewlett-Packard Co., Strike Price $42, Expires 9/21/09 (100 ) (26,000 )
Intel Corp., Strike Price $19, Expires 9/21/09 (1,320 ) (122,100 )
IntercontinentalExchange, Inc., Strike Price $100, Expires 9/21/09 (195 ) (94,575 )
International Paper Co., Strike Price $19, Expires 8/24/09 (2,245 ) (173,988 )
J.M. Smucker Co. (The), Strike Price $50, Expires 9/21/09 (260 ) (51,350 )
JPMorgan Chase & Co., Strike Price $38, Expires 8/24/09 (946 ) (131,494 )
KeyCorp, Strike Price $6, Expires 8/24/09 (1,705 ) (42,625 )
Kohl’s Corp., Strike Price $46, Expires 8/24/09 (450 ) (157,500 )
Kohl’s Corp., Strike Price $48, Expires 8/24/09 (280 ) (62,300 )
Lincoln National Corp., Strike Price $20, Expires 9/21/09 (230 ) (60,950 )

3 JULY 31, 2009

| Schedule of
Investments (continued) |
| --- |
| (Percentages shown are based on Net Assets) |

Options Written Value
Exchange-Traded Call Options Written— (continued)
Marathon Oil Corp., Strike Price $31, Expires 8/24/09 (1,000 ) $ (175,000 )
McDonald’s Corp., Strike Price $60, Expires 9/21/09 (510 ) (10,200 )
Medtronic, Inc., Strike Price $35, Expires 8/24/09 (690 ) (75,900 )
Medtronic, Inc., Strike Price $36, Expires 8/24/09 (615 ) (36,900 )
MetLife, Inc., Strike Price $32, Expires 8/24/09 (100 ) (26,500 )
MetLife, Inc., Strike Price $33, Expires 8/24/09 (150 ) (29,250 )
Microsoft Corp., Strike Price $25, Expires 8/24/09 (660 ) (8,910 )
Microsoft Corp., Strike Price $26, Expires 9/21/09 (625 ) (11,250 )
Molson Coors Brewing Co. Class B, Strike Price $45, Expires 8/24/09 (810 ) (131,625 )
Motorola, Inc., Strike Price $7, Expires 10/19/09 (2,200 ) (150,700 )
Nabors Industries Ltd., Strike Price $17.50, Expires 8/24/09 (460 ) (27,600 )
Newmont Mining Corp., Strike Price $44, Expires 8/24/09 (430 ) (21,070 )
Newmont Mining Corp., Strike Price $45, Expires 8/24/09 (645 ) (19,995 )
Occidental Petroleum Corp., Strike Price $70, Expires 8/24/09 (1,050 ) (320,250 )
Peabody Energy Corp., Strike Price $35, Expires 8/24/09 (1,602 ) (112,140 )
PepsiCo, Inc., Strike Price $57.50, Expires 8/24/09 (810 ) (60,750 )
Petroleo Brasileiro SA - ADR, Strike Price $43, Expires 9/21/09 (2,161 ) (367,370 )
Pfizer, Inc., Strike Price $15, Expires 9/21/09 (1,240 ) (141,360 )
Pfizer, Inc., Strike Price $16, Expires 9/21/09 (384 ) (21,120 )
Potash Corp. of Saskatchewan, Inc., Strike Price $100, Expires 8/24/09 (49 ) (7,840 )
QUALCOMM, Inc., Strike Price $47, Expires 8/24/09 (880 ) (73,040 )
RenaissanceRe Holdings Ltd., Strike Price $50, Expires 9/21/09 (255 ) (54,825 )
Research In Motion Ltd., Strike Price $75, Expires 8/24/09 (135 ) (44,887 )
Research In Motion Ltd., Strike Price $80, Expires 8/24/09 (345 ) (43,470 )
Research In Motion Ltd., Strike Price $85, Expires 9/21/09 (30 ) (5,130 )
Rio Tinto Plc - ADR, Strike Price $175, Expires 10/19/09 (8 ) (9,280 )
Rio Tinto Plc - ADR, Strike Price $190, Expires 8/24/09 (5 ) (4,075 )
Royal Bank of Canada, Strike Price 46 CAD, Expires 8/22/09 (71 ) (34,767 )
Royal Bank of Canada, Strike Price 48 CAD, Expires 9/19/09 (180 ) (56,394 )
Royal Bank of Canada, Strike Price 50 CAD, Expires 8/22/09 (150 ) (25,064 )
State Street Corp., Strike Price $50, Expires 9/21/09 (524 ) (158,510 )
Suncor Energy, Inc., Strike Price $45, Expires 9/21/09 (426 ) (54,315 )
SunTrust Banks, Inc., Strike Price $17, Expires 8/24/09 (444 ) (117,660 )
SunTrust Banks, Inc., Strike Price $18, Expires 8/24/09 (444 ) (82,140 )
T. Rowe Price Group, Inc., Strike Price $45, Expires 9/21/09 (470 ) (164,500 )
Options Written Value
Exchange-Traded Call Options Written— (concluded)
Target Corp., Strike Price $42, Expires 9/21/09 (570 ) $ (176,700 )
Target Corp., Strike Price $43, Expires 8/24/09 (500 ) (91,500 )
TCF Financial Corp., Strike Price $15, Expires 9/21/09 (330 ) (19,800 )
Texas Instruments, Inc., Strike Price $23, Expires 8/24/09 (400 ) (54,600 )
Texas Instruments, Inc., Strike Price $24, Expires 9/21/09 (1,650 ) (193,875 )
Toronto-Dominion Bank (The), Strike Price 60 CAD, Expires 8/24/09 (605 ) (206,393 )
Transocean, Ltd., Strike Price $85, Expires 11/23/09 (147 ) (67,620 )
U.S. Bancorp, Strike Price $19, Expires 8/24/09 (570 ) (91,200 )
U.S. Bancorp, Strike Price $20, Expires 9/21/09 (254 ) (32,385 )
Union Pacific Corp., Strike Price $60, Expires 8/24/09 (780 ) (62,400 )
Valero Energy Corp., Strike Price $17, Expires 8/24/09 (1,735 ) (209,935 )
Vodafone Group Plc - ADR, Strike Price $20, Expires 9/21/09 (900 ) (108,000 )
Wal-Mart Stores, Inc., Strike Price $50, Expires 8/24/09 (265 ) (21,200 )
Wal-Mart Stores, Inc., Strike Price $50, Expires 9/21/09 (535 ) (69,818 )
Walt Disney Co. (The), Strike Price $24, Expires 8/24/09 (810 ) (117,450 )
Wells Fargo & Co., Strike Price $27, Expires 8/24/09 (1,305 ) (19,575 )
Wyeth, Strike Price $45, Expires 8/24/09 (190 ) (37,050 )
XTO Energy, Inc., Strike Price $42, Expires 9/21/09 (640 ) (96,000 )
Yum! Brands, Inc., Strike Price $35, Expires 8/24/09 (612 ) (70,380 )
Total Exchange-Traded Call Options Written (15,504,459 )
Exchange-Traded Put Options Written—(0.0)%
Amgen, Inc., Strike Price $57.50, Expires 8/24/09 (1,739 ) (153,902 )
Exxon Mobil Corp., Strike Price $60, Expires 8/24/09 (875 ) (5,687 )
Goldman Sachs Group, Inc. (The), Strike Price $140, Expires 8/24/09 (121 ) (2,843 )
Greenhill & Co., Inc., Strike Price $70, Expires 8/24/09 (165 ) (14,025 )
iShares MSCI EAFE Index Fund, Strike Price $43, Expires 8/24/09 (911 ) (6,832 )
iShares MSCI Emerging Markets Index, Strike Price $29, Expires 8/24/09 (574 ) (5,166 )
KeyCorp, Strike Price $5, Expires 8/24/09 (1,705 ) (12,788 )
Oracle Corp., Strike Price $21, Expires 8/24/09 (1,680 ) (29,400 )
Wyeth, Strike Price $45, Expires 8/24/09 (11 ) (605 )
Total Exchange-Traded Put Options Written (231,248 )
Over-the-Counter Call Options Written—(1.9)%
A2A SpA, Strike Price 1.28 EUR, Expires 9/02/09, Broker UBS Securities LLC (398,746 ) (3,279 )
Allianz SE, Strike Price 73 EUR, Expires 9/02/09, Broker Morgan Stanley & Co., Inc. (26,300 ) (55,968 )
Allied World Assurance Co. Holdings Ltd., Strike Price $43.15, Expires 9/03/09, Broker Credit Suisse First Boston (33,000 ) (58,194 )
Alstom SA, Strike Price 42.88 EUR, Expires 8/06/09, Broker Morgan Stanley & Co., Inc. (22,900 ) (173,738 )

JULY 31, 2009 4

| Schedule of
Investments (continued) |
| --- |
| (Percentages shown are based on Net Assets) |

Options Written Value
Over-the-Counter Call Options Written—
(continued)
Alstom SA, Strike Price 46.90 EUR, Expires 8/26/09, Broker Credit Suisse First Boston (51,800 ) $ (185,759 )
Analog Devices, Inc., Strike Price $26, Expires 8/21/09, Broker Morgan Stanley & Co., Inc. (105,900 ) (206,813 )
Applied Materials, Inc., Strike Price $12, Expires 8/17/09, Broker Goldman Sachs & Co. (135,000 ) (245,219 )
Applied Materials, Inc., Strike Price $13.17, Expires 9/11/09, Broker Morgan Stanley & Co., Inc. (130,000 ) (112,537 )
ASM Pacific Technology Ltd., Strike Price 45.45 HKD, Expires 8/10/09, Broker JPMorgan Chase Securities (138,000 ) (126,943 )
ASM Pacific Technology Ltd., Strike Price 50.42 HKD, Expires 8/26/09, Broker JPMorgan Chase Securities (500,800 ) (263,615 )
Assicurazioni Generali SpA, Strike Price 16.08 EUR, Expires 8/26/09, Broker UBS Securities LLC (48,900 ) (20,982 )
AXA SA, Strike Price 14.38 EUR, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (96,400 ) (126,120 )
AXA SA, Strike Price 15.24 EUR, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (10,300 ) (7,361 )
Banco Bradesco SA - ADR, Strike Price $15.39, Expires 8/21/09, Broker Credit Suisse First Boston (8,900 ) (7,062 )
Banco Santander SA, Strike Price 8.60 EUR, Expires 8/19/09, Broker Morgan Stanley & Co., Inc. (145,500 ) (324,204 )
Banco Santander SA, Strike Price 9.54 EUR, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (253,500 ) (260,090 )
Barclays Plc, Strike Price 3.19 GBP, Expires
8/26/09, Broker Goldman Sachs & Co. (425,000 ) (51,547 )
Belgacom SA, Strike Price 24.12 EUR, Expires 8/19/09, Broker Morgan Stanley & Co., Inc. (112,500 ) (166,322 )
BJ Services Co., Strike Price $16.25, Expires 8/21/09, Broker Goldman Sachs & Co. (125,300 ) (6,582 )
BM&FBOVESPA SA, Strike Price $12.46, Expires 8/14/09, Broker Deutsche Bank Securities (49,000 ) (9,457 )
BNP Paribas, Strike Price 52.44 EUR, Expires 9/02/09, Broker Morgan Stanley & Co., Inc. (51,900 ) (115,406 )
Boston Properties, Inc. - REIT, Strike Price $52, Expires 8/22/09, Broker Barclays Capital, Inc. (296 ) (72,520 )
Bristol-Myers Squibb Co., Strike Price $20.50, Expires 11/03/09, Broker Citigroup Global Markets (52,000 ) (83,767 )
Broadcom Corp., Strike Price $24, Expires 8/07/09, Broker JPMorgan Chase Securities (183,000 ) (824,486 )
Campbell Soup Co., Strike Price $28.65, Expires 8/28/09, Broker Credit Suisse First Boston (170,000 ) (436,900 )
CapitaLand Ltd., Strike Price 3.94 SGD, Expires 8/26/09, Broker JPMorgan Chase Securities (690,000 ) (79,101 )
Catlin Group Ltd., Strike Price 3.17 GBP, Expires 8/18/09, Broker Credit Suisse First Boston (96,400 ) (10,493 )
Options Written Value
Over-the-Counter Call Options Written—
(continued)
Catlin Group Ltd., Strike Price 3.25 GBP, Expires 8/18/09, Broker Morgan Stanley & Co., Inc. (175,100 ) $ (12,895 )
CBS Corp. Class B, Strike Price $9.57, Expires 8/10/09, Broker Morgan Stanley & Co., Inc. (372,500 ) (481 )
Chevron Corp., Strike Price $67.06, Expires 8/28/09, Broker Morgan Stanley & Co., Inc. (69,500 ) (207,533 )
China Construction Bank Corp. Class H, Strike Price 5.87 HKD, Expires 8/18/09, Broker Credit Suisse First Boston (618,000 ) (34,502 )
China Construction Bank Corp. Class H, Strike Price 6.22 HKD, Expires 8/26/09, Broker Deutsche Bank Securities (6,319,000 ) (220,176 )
China Life Insurance Co. Ltd. Class H, Strike Price 31.72 HKD, Expires 8/18/09, Broker Credit Suisse First Boston (432,000 ) (157,992 )
China Mobile Ltd., Strike Price 76.58 HKD, Expires 8/17/09, Broker Credit Suisse First Boston (52,500 ) (37,756 )
China Mobile Ltd., Strike Price 79.45 HKD, Expires 8/26/09, Broker JPMorgan Chase Securities (231,500 ) (126,487 )
Cia Energetica de Minas Gerais - ADR, Strike Price $13.84, Expires 8/04/09, Broker Morgan Stanley & Co., Inc. (69,200 ) (44,421 )
Cia Energetica de Minas Gerais - ADR, Strike Price $13.97, Expires 8/21/09, Broker Morgan Stanley & Co., Inc. (49,500 ) (33,587 )
Cia Energetica de Minas Gerais - ADR, Strike Price $14, Expires 8/21/09, Broker Goldman Sachs & Co. (71,875 ) (47,384 )
Cisco Systems, Inc., Strike Price $19.90, Expires 8/17/09, Broker Morgan Stanley & Co., Inc. (40,000 ) (84,400 )
Compagnie Generale des Etablissements Michelin Class B, Strike Price 39.50 EUR, Expires 8/18/09, Broker Morgan Stanley & Co., Inc. (24,300 ) (386,983 )
Compagnie Generale des Etablissements Michelin Class B, Strike Price 42.82 EUR, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (54,200 ) (619,252 )
Crescent Point Energy Corp., Strike Price 36.68 CAD, Expires 11/03/09, Broker Goldman Sachs & Co. (97,300 ) (110,699 )
DBS Group Holdings Ltd., Strike Price 12.48 SGD, Expires 8/28/09, Broker JPMorgan Chase Securities (221,000 ) (232,380 )
De La Rue Plc, Strike Price 8.76 GBP, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (67,800 ) (8,411 )
De La Rue Plc, Strike Price 8.86 GBP, Expires 8/18/09, Broker Morgan Stanley & Co., Inc. (53,700 ) (2,916 )
De La Rue Plc, Strike Price 8.97 GBP, Expires 8/05/09, Broker Morgan Stanley & Co., Inc. (157,100 ) (112 )
Deutche Borse AG, Strike Price 60.21 EUR, Expires 8/26/09, Broker Credit Suisse First Boston (15,900 ) (17,870 )
Dominion Resources, Inc., Strike Price $34.24, Expires 8/28/09, Broker UBS Securities LLC (106,500 ) (78,577 )
EnCana Corp., Strike Price $53.60, Expires 11/03/09, Broker UBS Securities LLC (21,000 ) (63,750 )
EnCana Corp., Strike Price $55, Expires 8/21/09, Broker Morgan Stanley & Co., Inc. (10,200 ) (7,713 )

5 JULY 31, 2009

| Schedule of
Investments (continued) |
| --- |
| (Percentages shown are based on Net Assets) |

Options Written Value
Over-the-Counter
Call Options Written— (continued)
Esprit Holdings Ltd., Strike Price 51.68 HKD, Expires 8/18/09, Broker JPMorgan Chase Securities (62,000 ) $ (38,605 )
Esprit Holdings Ltd., Strike Price 56.14 HKD, Expires 8/26/09, Broker Deutsche Bank Securities (122,700 ) (43,427 )
Exxon Mobil Corp., Strike Price $75.31, Expires 8/28/09, Broker Citigroup Global Markets (35,000 ) (13,869 )
Fomento Economico Mexicano SAB de CV - ADR, Strike Price $32.50, Expires 8/21/09, Broker Credit Suisse First Boston (92,500 ) (565,818 )
Fortum Oyj, Strike Price 16.81 EUR, Expires
8/26/09, Broker Credit Suisse First Boston (178,700 ) (86,605 )
Foster’s Group Ltd., Strike Price 5.49 AUD, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (1,102,500 ) (112,425 )
FPL Group, Inc., Strike Price $56.94, Expires 8/17/09, Broker Morgan Stanley & Co., Inc. (22,400 ) (30,501 )
Fresenius Medical Care AG & Co. KGaA, Strike Price 32.26 EUR, Expires 9/02/09, Broker Credit Suisse First Boston (92,700 ) (122,063 )
Fresenius Medical Care AG & Co. KGaA, Strike Price 32.56 EUR, Expires 8/05/09, Broker Morgan Stanley & Co., Inc. (24,600 ) (9,340 )
GlaxoSmithKline Plc, Strike Price 10.86 GBP, Expires 8/19/09, Broker JPMorgan Chase Securities (145,800 ) (150,480 )
Halliburton Co., Strike Price $23.50, Expires 8/21/09, Broker Credit Suisse First Boston (165,500 ) (40,215 )
Hays Plc, Strike Price 0.91 GBP, Expires 9/09/09, Broker Morgan Stanley & Co., Inc. (719,000 ) (83,890 )
Hays Plc, Strike Price 0.91 GBP, Expires 9/16/09, Broker Morgan Stanley & Co., Inc. (719,000 ) (88,524 )
Herbalife Ltd., Strike Price $21.25, Expires 8/21/09, Broker Goldman Sachs & Co. (178,000 ) (2,369,180 )
Hong Kong Exchanges and Clearing Ltd., Strike Price 135.22 HKD, Expires 8/26/09, Broker Credit Suisse First Boston (139,900 ) (247,467 )
Hongkong Electric Holdings Ltd., Strike Price 44.09 HKD, Expires 8/10/09, Broker Credit Suisse First Boston (537,000 ) (4,969 )
HSBC Holdings Plc, Strike Price 5.75 GBP, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (584,204 ) (385,116 )
Hudson City Bancorp, Inc., Strike Price $13.31, Expires 8/20/09, Broker Credit Suisse First Boston (57,000 ) (43,605 )
Husky Energy, Inc., Strike Price 32 CAD, Expires 8/21/09, Broker Citigroup Global Markets (68,000 ) (35,367 )
Hutchison Whampoa Ltd., Strike Price 50.39 HKD, Expires 8/18/09, Broker JPMorgan Chase Securities (610,000 ) (599,671 )
Imperial Tobacco Group Plc, Strike Price 16.46 GBP, Expires 8/20/09, Broker JPMorgan Chase Securities (320,900 ) (382,338 )
Imperial Tobacco Group Plc, Strike Price 16.60 GBP, Expires 8/06/09, Broker Citigroup Global Markets (55,300 ) (47,449 )
Options Written Value
Over-the-Counter
Call Options Written— (continued)
Industrial & Commercial Bank of China, Strike Price 5.26 HKD, Expires 8/18/09, Broker Credit Suisse First Boston (3,796,000 ) $ (179,284 )
Industrial & Commercial Bank of China, Strike Price 5.40 HKD, Expires 8/10/09, Broker Credit Suisse First Boston (2,596,000 ) (79,303 )
Intel Corp., Strike Price $16.77, Expires 8/17/09, Broker Morgan Stanley & Co., Inc. (160,000 ) (435,200 )
Intel Corp., Strike Price $17.47, Expires 8/28/09, Broker Morgan Stanley & Co., Inc. (75,000 ) (156,955 )
International Business Machines Corp., Strike Price $111.30, Expires 8/17/09, Broker Morgan Stanley & Co., Inc. (64,100 ) (481,829 )
International Business Machines Corp., Strike Price $116.96, Expires 9/03/09, Broker Morgan Stanley & Co., Inc. (5,000 ) (20,879 )
Intesa Sanpaolo SpA, Strike Price 1.80 EUR, Expires 8/06/09, Broker Morgan Stanley & Co., Inc. (386,000 ) (97,910 )
Intesa Sanpaolo SpA, Strike Price 1.91 EUR, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (181,000 ) (16,971 )
Invesco Ltd., Strike Price $19.51, Expires 9/11/09, Broker Morgan Stanley & Co., Inc. (126,000 ) (138,314 )
J.M. Smucker Co., Strike Price $50.26, Expires 9/18/09, Broker Morgan Stanley & Co., Inc. (46,700 ) (81,683 )
JPMorgan Chase & Co., Strike Price $36.50, Expires 8/21/09, Broker Citigroup Global Markets (39,000 ) (99,439 )
K+S AG, Strike Price 39.35 EUR, Expires 8/18/09, Broker Credit Suisse First Boston (59,300 ) (101,854 )
Kerry Properties Ltd., Strike Price 40.25 HKD, Expires 8/26/09, Broker JPMorgan Chase Securities (483,000 ) (140,417 )
Linde AG, Strike Price 58.71 EUR, Expires 8/19/09, Broker BNP Paribas (46,900 ) (508,267 )
Linde AG, Strike Price 61 EUR, Expires 8/18/09, Broker Deutsche Bank Securities (26,500 ) (209,213 )
McDonald’s Corp., Strike Price $60, Expires
8/21/09, Broker Goldman Sachs & Co. (27,500 ) (1,461 )
Medco Health Solutions, Inc., Strike Price $49, Expires 8/13/09, Broker UBS Securities LLC (930 ) (392,091 )
Microsoft Corp., Strike Price $21.47, Expires 8/10/09, Broker Goldman Sachs & Co. (80,000 ) (196,034 )
Microsoft Corp., Strike Price $24, Expires 8/26/09, Broker Deutsche Bank Securities (32,000 ) (21,724 )
Mitsubishi Estate Co. Ltd., Strike Price 1,726.92 JPY, Expires 8/10/09, Broker Goldman Sachs & Co. (86,000 ) (6,918 )
Mitsubishi UFJ Financial Group, Strike Price
550.80 JPY, Expires 8/18/09, Broker Deutsche Bank Securities (544,000 ) (231,283 )
Mitsui Fudosan Co. Ltd., Strike Price 1,832.60 JPY, Expires 8/10/09, Broker JPMorgan Chase Securities (103,000 ) (22,190 )
Mizuho Financial Group, Inc., Strike Price 198.47 JPY, Expires 8/18/09, Broker Deutsche Bank Securities (326,400 ) (73,551 )

JULY 31, 2009 6

Schedule of Investments (continued)
(Percentages
shown are based on Net Assets)
Options Written Value
Over-the-Counter Call Options Written—
(continued)
Morgan
Stanley Dean Witter Discover, Strike Price $30.42, Expires 11/03/09, Broker Credit Suisse First Boston (65,000 ) $ (109,885 )
Nabors
Industries Ltd., Strike Price $18.50, Expires 11/03/09, Broker Credit Suisse First Boston (91,800 ) (91,381 )
Nestle SA,
Strike Price 44.40 CHF, Expires 8/26/09, Broker Credit Suisse First Boston (208,200 ) (135,753 )
New World
Development, Strike Price 16.01 HKD, Expires 8/26/09, Broker Credit Suisse First Boston (840,000 ) (298,535 )
Next Plc,
Strike Price 16.74 GBP, Expires 8/26/09, Broker Citigroup Global Markets (153,000 ) (185,907 )
Nokia Oyj,
Strike Price 9.23 EUR, Expires 8/26/09, Broker UBS Securities LLC (189,000 ) (171,763 )
Nordea Bank
AB, Strike Price 60.72 SEK, Expires 8/19/09, Broker BNP Paribas (179,000 ) (225,513 )
Nordea Bank
AB, Strike Price 68.67 SEK, Expires 9/02/09, Broker Morgan Stanley & Co., Inc. (265,400 ) (124,834 )
Novartis
AG, Strike Price 48.29 CHF, Expires 8/26/09, Broker UBS Securities LLC (28,100 ) (31,166 )
Novartis
AG, Strike Price 48.61 CHF, Expires 9/09/09, Broker UBS Securities LLC (92,600 ) (98,186 )
NSK Ltd.,
Strike Price 551.95 JPY, Expires 9/15/09, Broker JPMorgan Chase Securities (275,000 ) (68,063 )
Nucor
Corp., Strike Price $49, Expires 8/21/09, Broker UBS Securities LLC (85,000 ) (8,585 )
OMV AG,
Strike Price 28.06 EUR, Expires 8/26/09, Broker UBS Securities LLC (125,100 ) (263,325 )
Oracle
Corp., Strike Price $23, Expires 11/03/09, Broker Deutsche Bank Securities (84,000 ) (92,536 )
Orkla ASA,
Strike Price 47.93 NOK, Expires 8/06/09, Broker UBS Securities LLC (8,000 ) (1,839 )
Orkla ASA,
Strike Price 49.73 NOK, Expires 8/26/09, Broker Goldman Sachs & Co. (415,800 ) (103,465 )
Paramalat
SpA, Strike Price 1.80 EUR, Expires 8/26/09, Broker Goldman Sachs & Co. (1,594,000 ) (2,144 )
Persimmon
Plc, Strike Price 4.10 GBP, Expires 8/19/09, Broker UBS Securities LLC (106,500 ) (79,988 )
Persimmon
Plc, Strike Price 4.25 GBP, Expires 8/19/09, Broker UBS Securities LLC (120,000 ) (66,753 )
Persimmon
Plc, Strike Price 4.26 GBP, Expires 9/16/09, Broker Goldman Sachs & Co. (106,500 ) (72,983 )
Pfizer,
Inc., Strike Price $15.14, Expires 8/17/09, Broker Citigroup Global Markets (687,000 ) (663,312 )
Philippine Long Distance Telephone
Co. - ADR, Strike Price $51.16, Expires 9/11/09, Broker UBS Securities LLC (70,000 ) (124,382 )
PICC
Property & Casualty Co. Ltd., Strike Price 6.53 HKD, Expires 9/15/09, Broker JPMorgan Chase Securities (722,000 ) (27,182 )
Potash
Corp. of Saskatchewan, Inc., Strike Price $104.40, Expires 8/20/09, Broker UBS Securities LLC (20,500 ) (16,068 )
PPR, Strike
Price 57.98 EUR, Expires 8/19/09, Broker JPMorgan Chase Securities (9,800 ) (281,790 )
Options Written Value
Over-the-Counter Call Options Written—
(continued)
PPR, Strike
Price 64 EUR, Expires 9/18/09, Broker UBS Securities LLC (89 ) $ (183,612 )
PPR, Strike
Price 64.99 EUR, Expires 9/02/09, Broker Citigroup Global Markets (11,200 ) (211,835 )
Procter
& Gamble Co. (The), Strike Price $56.53, Expires 8/31/09, Broker Goldman Sachs & Co. (45,400 ) (70,203 )
Prudential
Plc, Strike Price 4.20 GBP, Expires 9/02/09, Broker UBS Securities LLC (417,800 ) (270,084 )
Qwest
Communications International, Inc., Strike Price $4.44, Expires 9/11/09, Broker UBS Securities LLC (1,313,000 ) (211,012 )
Research In
Motion Ltd., Strike Price $83.22, Expires 8/07/09, Broker Morgan Stanley & Co., Inc. (19,300 ) (3,802 )
Royal Dutch
Shell Plc, Strike Price 14.91 GBP, Expires 8/20/09, Broker JPMorgan Chase Securities (30,500 ) (31,899 )
Royal Dutch
Shell Plc, Strike Price 16.47 GBP, Expires 8/19/09, Broker Deutsche Bank Securities (158,000 ) (13,866 )
Salzgitter
AG, Strike Price 71.91 EUR, Expires 9/09/09, Broker Credit Suisse First Boston (36,900 ) (181,913 )
Samsung
Electronics Co. Ltd., Strike Price 591,508.05 KRW, Expires 8/11/09, Broker Goldman Sachs & Co. (2,000 ) (216,809 )
Singapore
Telecommunications Ltd., Strike Price 3.31 SGD, Expires 8/26/09, Broker Credit Suisse First Boston (2,656,000 ) (454,929 )
Standard
Chartered Plc, Strike Price 12.06 GBP, Expires 8/19/09, Broker Morgan Stanley & Co., Inc. (31,200 ) (112,549 )
Standard
Chartered Plc, Strike Price 12.96 GBP, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (89,400 ) (211,013 )
StatoilHydro
ASA, Strike Price 133.56 NOK, Expires 8/26/09, Broker JPMorgan Chase Securities (168,470 ) (111,870 )
Suncor
Energy, Inc., Strike Price $46, Expires 8/04/09, Broker JPMorgan Chase Securities (28,800 ) (43 )
Syngenta
AG, Strike Price 260 CHF, Expires 8/18/09, Broker Deutsche Bank Securities (12,600 ) (20,292 )
Syngenta
AG, Strike Price 260 CHF, Expires 8/21/09, Broker Morgan Stanley & Co., Inc. (1,280 ) (23,147 )
Syngenta
AG, Strike Price 265 CHF, Expires 8/19/09, Broker JPMorgan Chase Securities (6,600 ) (6,066 )
Taiwan
Semiconductor Manufacturing Co. Ltd. - ADR, Strike Price $10.20, Expires 8/28/09, Broker Morgan Stanley & Co., Inc. (140,000 ) (103,744 )
Taiwan
Semiconductor Manufacturing Co. Ltd. - ADR, Strike Price $10.34, Expires 8/21/09, Broker Morgan Stanley & Co., Inc. (138,000 ) (69,678 )
TCF
Financial Corp., Strike Price $15.26, Expires 8/21/09, Broker Morgan Stanley & Co., Inc. (66,000 ) (8,920 )
Tesco Plc,
Strike Price 3.76 GBP, Expires 8/26/09, Broker Credit Suisse First Boston (121,000 ) (7,567 )

7 JULY 31, 2009

Schedule of Investments (continued)
(Percentages
shown are based on Net Assets)
Options Written Value
Over-the-Counter Call Options Written—
(continued)
Tesco Plc,
Strike Price 3.88 GBP, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (242,000 ) $ (6,301 )
ThyssenKrupp
AG, Strike Price 20.22 EUR, Expires 9/02/09, Broker JPMorgan Chase Securities (156,100 ) (414,073 )
Tokyo
Electric Power Co., Inc. (The), Strike Price 2,504.10 JPY, Expires 8/10/09, Broker Deutsche Bank Securities (122,000 ) (2,451 )
Total SA,
Strike Price 39.67 EUR, Expires 8/05/09, Broker Citigroup Global Markets (35,000 ) (10,534 )
Total SA,
Strike Price 40 EUR, Expires 8/18/09, Broker Credit Suisse First Boston (24,000 ) (14,195 )
Total SA,
Strike Price 40.63 EUR, Expires 8/26/09, Broker Goldman Sachs & Co. (54,900 ) (30,694 )
Toyota
Motor Corp., Strike Price 3,835.85 JPY, Expires 9/15/09, Broker JPMorgan Chase Securities (20,000 ) (54,618 )
Unibail-Rodamco
SE - REIT, Strike Price 116.37 EUR, Expires 8/26/09, Broker Credit Suisse First Boston (11,200 ) (117,421 )
Unicredit
SpA, Strike Price 1.99 EUR, Expires 8/26/09, Broker Goldman Sachs & Co. (999,653 ) (148,423 )
Unilever
Plc, Strike Price 15.09 GBP, Expires 8/20/09, Broker UBS Securities LLC (97,300 ) (127,433 )
Unilever
Plc, Strike Price 15.33 GBP, Expires 8/06/09, Broker Citigroup Global Markets (183,000 ) (149,035 )
United
Overseas Bank, Strike Price 15.12 SGD, Expires 8/18/09, Broker Deutsche Bank Securities (270,000 ) (477,333 )
Vivendi,
Strike Price 18 EUR, Expires 8/20/09, Broker Morgan Stanley & Co., Inc. (43,400 ) (25,759 )
Vivendi,
Strike Price 18.50 EUR, Expires 8/21/09, Broker Goldman Sachs & Co. (500 ) (18,510 )
Vodafone
Group Plc - ADR, Strike Price $20.38, Expires 8/28/09, Broker Citigroup Global Markets (20,000 ) (12,346 )
Vodafone
Group Plc, Strike Price 1.21 GBP, Expires 8/06/09, Broker Citigroup Global Markets (400,000 ) (16,858 )
Walt Disney
Co. (The), Strike Price $25.12, Expires 9/11/09, Broker Citigroup Global Markets (82,000 ) (104,140 )
Wartsila
Oyj, Strike Price 24.73 EUR, Expires 8/06/09, Broker BNP Paribas (60,600 ) (81,313 )
Wartsila
Oyj, Strike Price 25.43 EUR, Expires 9/02/09, Broker Goldman Sachs & Co. (31,500 ) (70,722 )
Woodside
Petroleum Ltd., Strike Price 45 AUD, Expires 8/26/09, Broker Morgan Stanley & Co., Inc. (99,600 ) (146,720 )
Yara
International ASA, Strike Price 188.53 NOK, Expires 8/19/09, Broker JPMorgan Chase Securities (145,900 ) (273,288 )
Yum! Brands, Inc., Strike Price $36.10, Expires 11/20/09, Broker Deutsche Bank Securities (80,000 ) (156,096 )
Zurich
Financial Services AG, Strike Price 185.89 CHF, Expires 8/19/09, Broker Credit Suisse First Boston (2,060 ) (46,333 )
Options Written Value
Over-the-Counter Call Options Written—
(concluded)
Zurich
Financial Services AG, Strike Price 204.36 CHF, Expires 8/19/09, Broker Citigroup Global Markets (4,800 ) $ (38,827 )
Total Over-the-Counter Call Options Written (24,178,050 )
Over-the-Counter Put Options Written—(0.0)%
Chevron
Corp., Strike Price $64.43, Expires 8/28/09, Broker Morgan Stanley & Co., Inc. (51,000 ) (42,160 )
Exxon Mobil
Corp., Strike Price $68, Expires 8/04/09, Broker Credit Suisse First Boston (164,500 ) (20,620 )
Total Over-the-Counter Put Options Written (62,780 )
Total Options Written (Premiums Received $22,721,204)—(3.1)% (39,976,537 )
Total Investments Net of Outstanding Options Written—92.6% 1,174,757,950
Other Assets in Excess of Liabilities—7.4% 94,446,318
Net Assets—100.0% $ 1,269,204,268
  • The cost and unrealized appreciation (depreciation) of investments as of July 31, 2009, as computed for federal income tax purposes, were as follows:
Aggregate cost $
Gross unrealized appreciation $ 76,539,923
Gross unrealized depreciation (63,128,391 )
Net unrealized appreciation $ 13,411,532
(a) Non-income producing security.
(b) Security, or a portion thereof, pledged as collateral for
outstanding options written.
(c) Represents current yield as of report date.
(d) Investments in companies considered to be an affiliate of
the Trust, for purposes of Section 2(a)(3) of the Investment Company Act of
1940 were as follows:
Affiliate — BlackRock Liquidity Funds, TempFund 53,325,635 Income — $ 98,413
BlackRock
Liquidity Series, LLC Money Market Series (1,130,500 ) $ 19,021

• Foreign currency exchange contracts as of July 31, 2009 were as follows:

Currency Purchased — CHF 4,368,000 Currency Sold — USD 4,086,826 Counterparty — Citigroup Global Markets Settlement Date — 8/04/09 $ 722
EUR 421,000 USD 592,601 Citigroup Global Markets 8/04/09 7,453
EUR 31,000 USD 44,181 Citigroup Global Markets 8/04/09 3
USD 7,922,305 EUR 5,634,000 Citigroup Global Markets 8/03/09 (107,854 )
USD 4,026,618 CHF 4,387,000 Citigroup Global Markets 8/03/09 (78,673 )
USD 218,317 JPY 20,858,000 Citigroup Global Markets 8/03/09 (2,117 )
USD 194,496 NOK 1,212,000 Citigroup Global Markets 8/03/09 (3,222 )
USD 824,678 SGD 1,191,000 Citigroup Global Markets 8/03/09 (2,877 )
USD 456,585 SEK 3,297,000 Citigroup Global Markets 8/04/09 (325 )
USD 2,830,250 HKD 21,395,000 Citigroup Global Markets 8/04/09 (169 )
USD 4,868,825 EUR 3,416,000 Citigroup Global Markets 8/05/09 (35 )
USD 4,198,199 SEK 30,311,000 Citigroup Global Markets 8/04/09 (2,409 )
Total $ (189,503 )

JULY 31, 2009 8

| Schedule of
Investments (continued) |
| --- |
| (Percentages shown are based on Net Assets) |

•
• Level 1 — price quotations in
active markets/exchanges for identical securities
• 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)
The inputs or methodology used
for valuing securities are not necessarily an indication of the risk
associated with investing in those securities. For information about the
Trust’s policy regarding valuation of investments 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, 2009 in determining the fair valuation of the
Trust’s investments:

| | Valuation
Inputs — Level
1 | Level
2 | Level
3 | Total |
| --- | --- | --- | --- | --- |
| Investments in Securities: | | | | |
| Assets: | | | | |
| Common
Stocks: | | | | |
| Australia | $ 1,668,440 | $ 14,718,494 | — | $ 16,386,934 |
| Austria | — | 4,963,965 | — | 4,963,965 |
| Belgium | — | 6,709,790 | — | 6,709,790 |
| Bermuda | 14,034,685 | — | — | 14,034,685 |
| Brazil | 17,799,686 | — | — | 17,799,686 |
| Canada | 54,880,715 | — | — | 54,880,715 |
| Cayman Islands | 6,124,980 | — | — | 6,124,980 |
| China | — | 21,764,686 | — | 21,764,686 |
| Finland | — | 13,909,649 | — | 13,909,649 |
| France | — | 51,265,023 | — | 51,265,023 |
| Germany | — | 46,385,959 | — | 46,385,959 |
| Hong Kong | — | 40,510,116 | — | 40,510,116 |
| India | — | 1,026,894 | — | 1,026,894 |
| Indonesia | — | 4,731,105 | — | 4,731,105 |
| Israel | 17,349,314 | — | — | 17,349,314 |
| Italy | — | 20,223,351 | — | 20,223,351 |
| Japan | — | 68,260,435 | — | 68,260,435 |
| Luxembourg | 14,243,008 | — | — | 14,243,008 |
| Malaysia | — | 755,341 | — | 755,341 |
| Mexico | 11,217,160 | — | — | 11,217,160 |
| Netherlands | 2,059,992 | — | — | 2,059,992 |
| Norway | — | 19,123,139 | — | 19,123,139 |
| Philippines | 6,162,390 | — | — | 6,162,390 |
| Singapore | — | 23,472,464 | — | 23,472,464 |
| South Korea | — | 1,589,778 | — | 1,589,778 |
| Spain | — | 9,624,711 | — | 9,624,711 |
| Sweden | — | 10,953,180 | — | 10,953,180 |
| Switzerland | 8,929,523 | 29,412,066 | — | 38,341,589 |
| Taiwan | 4,880,381 | 824,709 | — | 5,705,090 |
| Thailand | — | 2,882,606 | — | 2,882,606 |
| United Kingdom | 4,636,998 | 97,235,294 | — | 101,872,292 |
| United States | 507,078,825 | — | — | 507,078,825 |
| Short-Term Securities | 53,325,635 | — | — | 53,325,635 |
| Total | $ 724,391,732 | $ 490,342,755 | — | $ 1,214,734,487 |

| Valuation
Inputs | Other Financial Instruments 1 — Assets | Liabilities | |
| --- | --- | --- | --- |
| Level
1 | — | $ (15,735,707 | ) |
| Level 2 | $ 8,178 | (24,438,511 | ) |
| Level 3 | — | — | |
| Total | $ 8,178 | $ (40,174,218 | ) |

1 Other financial instruments are options written and foreign currency exchange contracts. Options written are shown at market value and foreign currency contracts are valued at the unrealized appreciation/depreciation on the instrument.

KEY TO ABBREVIATIONS
ADR — American Depositary Receipt
AUD — Australian Dollar
CAD — Canadian Dollar
CHF — Swiss Franc
EUR — Euro
GBP — British Pound
HKD — Hong Kong Dollar
JPY — Japanese Yen
KRW — South Korean Won
NOK — Norwegian Krone
REIT — Real Estate Investment Trust
SEK — Swedish Krona
SGD — Singapore Dollar
USD — US Dollar

9 JULY 31, 2009

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 13(a)-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/ Anne
F. Ackerley |
| --- | --- |
| | Anne F.
Ackerley |
| | Chief
Executive Officer of |
| | BlackRock
Global Opportunities Equity Trust |
| Date:
September 22, 2009 | |
| 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/ Anne
F. Ackerley |
| | Anne F.
Ackerley |
| | Chief
Executive Officer (principal executive officer) of BlackRock Global Opportunities Equity Trust |
| Date:
September 22, 2009 | |
| By: | /s/ Neal
J. Andrews |
| | Neal J.
Andrews |
| | Chief
Financial Officer (principal financial officer) of BlackRock Global Opportunities Equity Trust |
| Date:
September 22, 2009 | |

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