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 811-22006

Name of Fund: BlackRock Global Equity Income Trust (BFD)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: Donald C. Burke, Chief Executive Officer, BlackRock Global Equity Income Trust, 800 Scudders Mill Road, Plainsboro, NJ, 08536. Mailing address: P.O. Box 9011, Princeton, NJ, 08543-9011

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

Date of fiscal year end: 10/31/2008

Date of reporting period: 05/01/2008 – 07/31/2008

 


Item 1 – Schedule of Investments

 

 

Schedule of Investments July 31, 2008 (Unaudited)

BlackRock Global Equity Income Trust (BFD)
(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Shares

 

Common Stocks

 

Value

 







 

 

 

Australia—3.4%

 

 

 

 

 

189,734

 

Commonwealth Bank of Australia

 

$

7,035,727

 

 

795,740

 

Dexus Property Group (REIT)

 

 

1,038,845

 

 

2,195,288

 

Goodman Fielder Ltd.

 

 

2,695,283

 

 

146,350

 

ING Industrial Fund (REIT)

 

 

188,796

 

 

1,602,808

 

Insurance Australia Group Ltd.

 

 

5,863,686

 

 

1,511,168

 

Macquarie Airports

 

 

3,992,510

 

 

1,060,127

 

OZ Minerals Ltd.

 

 

1,971,251

 

 

11,990

 

Wesfarmers Ltd.

 

 

384,434

 

 

 

 

 

 



 

 

 

 

 

 

 

23,170,532

 









 

 

 

Austria—0.2%

 

 

 

 

 

17,351

 

Voestalpine AG

 

 

1,139,226

 









 

 

 

Belgium—0.2%

 

 

 

 

 

98,457

 

Fortis

 

 

1,382,888

 









 

 

 

Bermuda—0.1%

 

 

 

 

 

17,475

 

Covidien Ltd.

 

 

860,469

 









 

 

 

Canada—4.1%

 

 

 

 

 

25,000

 

Agnico-Eagles Mines Ltd.

 

 

1,369,696

 

 

134,900

 

Bank of Montreal

 

 

6,315,842

 

 

12,600

 

Bank of Nova Scotia

 

 

615,018

 

 

3,900

 

Canadian Imperial Bank of Commerce

 

 

236,068

 

 

29,700

 

Canadian Natural Resources Ltd.

 

 

2,320,716

 

 

81,800

 

EnCana Corp.

 

 

5,903,628

 

 

9,900

 

Manulife Financial Corp.

 

 

364,694

 

 

85,455

 

PAN American Silver Corp.(a)

 

 

2,677,276

 

 

10,498

 

Penn West Energy Trust

 

 

314,545

 

 

19,100

 

Research In Motion Ltd.(a)

 

 

2,347,326

 

 

118,233

 

RioCan (REIT)

 

 

2,297,804

 

 

32,500

 

Royal Bank of Canada

 

 

1,499,707

 

 

54,500

 

Shaw Communications, Inc.

 

 

1,156,052

 

 

 

 

 

 



 

 

 

 

 

 

 

27,418,372

 









 

 

 

Denmark—0.5%

 

 

 

 

 

42,691

 

TrygVesta AS

 

 

3,104,071

 









 

 

 

Finland—0.9%

 

 

 

 

 

11,400

 

Fortum Oyj

 

 

502,530

 

 

94,500

 

Nokia Oyj

 

 

2,579,125

 

 

131,830

 

Orion Oyj

 

 

2,697,745

 

 

 

 

 

 



 

 

 

 

 

 

 

5,779,400

 









 

 

 

France—4.2%

 

 

 

 

 

11,085

 

Air Liquide

 

 

1,450,267

 

 

34,490

 

Alstom

 

 

3,860,715

 

 

53,381

 

AXA S.A.

 

 

1,568,941

 

 

158,096

 

France Telecom S.A.

 

 

4,998,833

 

 

31,088

 

Sanofi-Aventis

 

 

2,182,173

 

 

46,198

 

Societe Generale

 

 

4,275,103

 

 

39,512

 

Total S.A.

 

 

3,025,383

 

 

16,200

 

Vallourec

 

 

4,823,672

 

 

55,757

 

Vivendi

 

 

2,331,221

 

 

 

 

 

 



 

 

 

 

 

 

 

28,516,308

 









 

 

 

Germany—4.1%

 

 

 

 

 

16,944

 

Allianz SE

 

 

2,873,133

 

 

91,908

 

BASF AG

 

 

5,817,542

 

 

56,780

 

DaimlerChrysler AG

 

 

3,280,226

 

 

3,290

 

Deutsche Bank AG

 

 

303,952

 

 

14,493

 

Deutsche Post AG

 

 

340,097

 

 

70,309

 

Deutsche Telekom AG

 

 

1,218,729

 

 

1,376

 

E.ON AG

 

 

262,224

 

 

7,214

 

Metro AG

 

 

406,338

 

 

54,574

 

RWE AG

 

 

6,530,308

 

 

31,296

 

Siemens AG

 

 

3,824,146

 

 

34,590

 

Wincor Nixdorf AG

 

 

2,582,763

 

 

 

 

 

 



 

 

 

 

 

 

 

27,439,458

 









 

 

 

Greece—0.5%

 

 

 

 

 

101,122

 

OPAP S.A.

 

 

3,618,196

 









 

 

 

Hong Kong—1.3%

 

 

 

 

 

970,500

 

BOC Hong Kong Holdings Ltd.

 

 

2,443,277

 

 

267,000

 

Hang Seng Bank Ltd.

 

 

5,225,381

 

 

 

 

 

 

 

 

 

Shares

 

Common Stocks

 

Value

 







 

 

 

Hong Kong— (cont’d)

 

 

 

 

 

34,500

 

Hong Kong Exchanges & Clearing Ltd.

 

$

508,003

 

 

602,189

 

Pacific Basin Shipping Ltd.

 

 

844,492

 

 

 

 

 

 



 

 

 

 

 

 

 

9,021,153

 









 

 

 

Ireland—0.2%

 

 

 

 

 

31,107

 

Bank of Ireland

 

 

261,220

 

 

22,287

 

Elan Corp. Plc(a)

 

 

454,022

 

 

44,558

 

Irish Life & Permanent Plc

 

 

357,290

 

 

 

 

 

 



 

 

 

 

 

 

 

1,072,532

 









 

 

 

Italy—2.2%

 

 

 

 

 

162,433

 

Arnoldo Mondadori Editore S.p.A.

 

 

975,549

 

 

615,478

 

Enel S.p.A.

 

 

5,688,256

 

 

207,824

 

Eni S.p.A.

 

 

7,012,925

 

 

200,055

 

Mediaset S.p.A.

 

 

1,418,984

 

 

 

 

 

 



 

 

 

 

 

 

 

15,095,714

 









 

 

 

Japan—9.4%

 

 

 

 

 

50,000

 

Asahi Kasei Corp.

 

 

255,968

 

 

25,400

 

Astellas Pharma, Inc.

 

 

1,101,340

 

 

28,400

 

Canon, Inc.

 

 

1,298,029

 

 

38,300

 

Daiichi Sankyo Co. Ltd.

 

 

1,143,501

 

 

70,600

 

Daito Trust Construction Co. Ltd.

 

 

3,219,382

 

 

411,000

 

Daiwa Securities Group, Inc.

 

 

3,562,698

 

 

237,000

 

Ebara Corp.

 

 

724,324

 

 

24,200

 

Eisai Co. Ltd.

 

 

866,681

 

 

21,100

 

Fast Retailing Co. Ltd

 

 

2,360,835

 

 

7,200

 

FUJIFILM Holdings Corp.

 

 

226,319

 

 

74,000

 

Fujitsu Ltd.

 

 

535,197

 

 

94,000

 

Hitachi Ltd.

 

 

677,614

 

 

41,800

 

Honda Motor Co. Ltd.

 

 

1,334,394

 

 

26

 

Japan Real Estate Investment Corp. (REIT)

 

 

266,540

 

 

123

 

Japan Tobacco, Inc.

 

 

573,322

 

 

51,900

 

JFE Holdings, Inc.

 

 

2,522,503

 

 

17,900

 

Kansai Electric Power Co., Inc. (The)

 

 

417,385

 

 

49,000

 

Kao Corp.

 

 

1,271,299

 

 

419,000

 

Kobe Steel Ltd.

 

 

1,185,400

 

 

54,600

 

Komatsu Ltd.

 

 

1,355,949

 

 

33,000

 

Konami Corp.

 

 

1,043,571

 

 

18,000

 

Konica Minolta Holdings, Inc.

 

 

295,573

 

 

61,400

 

Marui Co. Ltd.

 

 

472,643

 

 

8,400

 

Millea Holdings, Inc.

 

 

315,163

 

 

197,500

 

Mitsubishi Chemical Holdings Corp.

 

 

1,178,275

 

 

27,800

 

Mitsubishi Corp.

 

 

810,090

 

 

39,000

 

Mitsubishi Electric Corp.

 

 

384,369

 

 

222,318

 

Mitsubishi UFJ Financial Group, Inc.

 

 

1,963,128

 

 

94,000

 

Mitsui & Co. Ltd.

 

 

1,928,525

 

 

4,500

 

Nidec Corp.

 

 

317,848

 

 

9,500

 

Nintendo Co. Ltd.

 

 

4,609,266

 

 

104

 

Nippon Building Fund, Inc. (REIT)

 

 

1,227,805

 

 

366,500

 

Nippon Mining Holdings, Inc.

 

 

2,208,076

 

 

214,000

 

Nippon Steel Corp.

 

 

1,218,159

 

 

487,300

 

Nissan Motor Co. Ltd.

 

 

3,751,370

 

 

120,100

 

Nomura Holdings, Inc.

 

 

1,733,196

 

 

20,300

 

Oracle Corp.

 

 

850,273

 

 

67,100

 

OSG Corp.

 

 

603,588

 

 

60,700

 

Seven & I Holdings Co. Ltd.

 

 

1,856,332

 

 

11,000

 

Shin-Etsu Chemical Co. Ltd.

 

 

673,006

 

 

35,000

 

Shiseido Co. Ltd.

 

 

778,756

 

 

582,000

 

Sumitomo Metal Industries Ltd.

 

 

2,799,876

 

 

44,000

 

Sumitomo Metal Mining Co. Ltd.

 

 

562,511

 

 

118

 

Sumitomo Mitsui Financial Group, Inc.

 

 

915,527

 

 

31,400

 

Takeda Pharmaceutical Co. Ltd.

 

 

1,667,160

 

 

194,000

 

TonenGeneral Sekiyu KK

 

 

1,641,896

 

 

70,000

 

Toyota Motor Corp.

 

 

3,017,526

 

 

 

 

 

 



 

 

 

 

 

 

 

63,722,188

 









 

 

 

Luxembourg—0.9%

 

 

 

 

 

55,747

 

ArcelorMittal

 

 

4,930,874

 

 

16,650

 

Oriflame Cosmetics S.A.

 

 

1,077,403

 

 

 

 

 

 



 

 

 

 

 

 

 

6,008,277

 










1


 

 

Schedule of Investments July 31, 2008
(Unaudited) (continued)

BlackRock Global Equity Income Trust (BFD)
(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Shares

 

Common Stocks

 

Value

 







 

 

 

Netherlands—1.4%

 

 

 

 

 

107,445

 

Aegon N.V.

 

1,256,124

 

 

3,321

 

Akzo Nobel N.V.

 

 

189,911

 

 

5,027

 

InBev N.V.

 

 

339,138

 

 

35,806

 

ING Groep N.V.

 

 

1,167,605

 

 

97,843

 

Royal KPN N.V.

 

 

1,703,280

 

 

181,887

 

Unilever N.V.

 

 

5,016,178

 

 

 

 

 

 



 

 

 

 

 

 

 

9,672,236

 









 

 

 

New Zealand—0.1%

 

 

 

 

 

154,124

 

Fletcher Building Ltd.

 

 

718,622

 









 

 

 

Norway—0.4%

 

 

 

 

 

19,390

 

Norsk Hydro ASA

 

 

242,406

 

 

95,205

 

Petroleum Geo-Services ASA(a)

 

 

2,197,201

 

 

16,702

 

StatoilHydro ASA

 

 

541,038

 

 

 

 

 

 



 

 

 

 

 

 

 

2,980,645

 









 

 

 

Portugal—0.0%

 

 

 

 

 

55,079

 

Energias de Portugal S.A.

 

 

301,139

 









 

 

 

Singapore—0.8%

 

 

 

 

 

419,000

 

ComfortDelgro Corp. Ltd.

 

 

476,449

 

 

1,451,266

 

Parkway Holdings Ltd.

 

 

2,102,135

 

 

89,000

 

SembCorp Industries Ltd.

 

 

291,052

 

 

961,000

 

Singapore Telecommunications Ltd.

 

 

2,500,637

 

 

 

 

 

 



 

 

 

 

 

 

 

5,370,273

 









 

 

 

Spain—1.7%

 

 

 

 

 

90,486

 

Banco Bilbao Vizcaya Argentaria S.A.

 

 

1,662,870

 

 

92,094

 

Banco Santander Central Hispano S.A.

 

 

1,792,780

 

 

251,036

 

Gestevision Telecinco S.A.

 

 

3,383,140

 

 

176,538

 

Telefonica S.A.

 

 

4,580,720

 

 

 

 

 

 



 

 

 

 

 

 

 

11,419,510

 









 

 

 

Sweden—0.7%

 

 

 

 

 

7,250

 

Hennes & Mauritz AB

 

 

386,892

 

 

29,900

 

Nordea Bank AB

 

 

423,769

 

 

295,400

 

Skanska AB, B Shares

 

 

3,808,260

 

 

23,420

 

Volvo AB, B Shares

 

 

281,711

 

 

 

 

 

 



 

 

 

 

 

 

 

4,900,632

 









 

 

 

Switzerland—2.9%

 

 

 

 

 

194,872

 

ABB Ltd.(a)

 

 

5,108,875

 

 

55,493

 

Ciba Specialty Chemicals AG

 

 

1,449,308

 

 

37,747

 

Credit Suisse Group

 

 

1,885,088

 

 

74,510

 

Nestle S.A.

 

 

3,268,379

 

 

791

 

SGS S.A.

 

 

1,112,232

 

 

23,364

 

Swiss Reinsurance

 

 

1,452,920

 

 

6,870

 

Syngenta AG

 

 

1,999,755

 

 

2,439

 

Synthes, Inc.

 

 

337,249

 

 

121,661

 

UBS AG(a)

 

 

2,335,176

 

 

2,475

 

Zurich Financial Services AG

 

 

650,520

 

 

 

 

 

 



 

 

 

 

 

 

 

19,599,502

 









 

 

 

United Kingdom—10.1%

 

 

 

 

 

104,623

 

Anglo American Plc

 

 

5,980,971

 

 

19,434

 

AstraZeneca Plc(a)

 

 

944,558

 

 

31,510

 

Aviva Plc

 

 

312,692

 

 

39,981

 

BAE Systems Plc

 

 

354,776

 

 

764,859

 

Barclays Plc

 

 

5,193,709

 

 

478,784

 

BP Plc

 

 

4,913,994

 

 

176,777

 

British American Tobacco Plc

 

 

6,379,469

 

 

211,446

 

BT Group Plc

 

 

714,504

 

 

34,789

 

Diageo Plc

 

 

606,044

 

 

334,703

 

Electrocomponents Plc

 

 

1,023,505

 

 

337,478

 

Friends Provident Plc

 

 

559,176

 

 

353,920

 

GlaxoSmithKline Plc(a)

 

 

8,249,949

 

 

65,910

 

HBOS Plc

 

 

376,121

 

 

530,454

 

HSBC Holdings Plc

 

 

8,772,614

 

 

12,845

 

Imperial Tobacco Group Plc(a)

 

 

479,726

 

 

626,580

 

Lloyds TSB Group Plc

 

 

3,653,689

 

 

33,621

 

National Grid Plc

 

 

442,772

 

 

30,016

 

Prudential Plc

 

 

321,440

 

 

191,221

 

Royal Bank of Scotland Group Plc

 

 

793,389

 

 

57,493

 

Royal Dutch Shell Plc

 

 

2,041,328

 

 

70,836

 

Royal Dutch Shell Plc, Class B

 

 

2,487,526

 

 

296,441

 

Taylor Wimpey Plc

 

 

229,256

 

 

 

 

 

 

 

 

 

Shares

 

Common Stocks

 

Value

 







 

 

 

United Kingdom— (cont’d)

 

 

 

 

 

97,948

 

Tesco Plc(a)

 

$

695,739

 

 

1,606,481

 

Tomkins Plc(a)

 

 

3,934,092

 

 

261,637

 

United Utilities Group Plc

 

 

3,588,988

 

 

338,590

 

United Utilities Group Plc, B Shares(a)

 

 

1,140,938

 

 

1,639,026

 

Vodafone Group Plc

 

 

4,390,679

 

 

 

 

 

 



 

 

 

 

 

 

 

68,581,644

 









 

 

 

United States—41.9%

 

 

 

 

 

67,900

 

3M Co.(b)

 

 

4,779,481

 

 

42,300

 

Abbott Laboratories(b)

 

 

2,383,182

 

 

18,900

 

Allstate Corp. (The)

 

 

873,558

 

 

95,900

 

Analog Devices, Inc.(b)

 

 

2,925,909

 

 

8,600

 

Apache Corp.(b)

 

 

964,662

 

 

26,200

 

Apple, Inc.(b)

 

 

4,164,490

 

 

14,900

 

Applied Materials, Inc.(b)

 

 

258,068

 

 

87,300

 

AT&T Inc.(b)

 

 

2,689,713

 

 

99,200

 

Autodesk, Inc.(b)

 

 

3,163,488

 

 

16,400

 

Avon Products, Inc.

 

 

695,360

 

 

8,300

 

Baker Hughes, Inc.

 

 

688,153

 

 

141,000

 

Bank of America Corp.(b)

 

 

4,638,900

 

 

15,600

 

BB&T Corp.(b)

 

 

437,112

 

 

15,500

 

Black & Decker Corp.

 

 

930,310

 

 

253,800

 

Bristol-Myers Squibb Co.(b)

 

 

5,360,256

 

 

27,200

 

Campbell Soup Co.(b)

 

 

989,536

 

 

143,300

 

Carnival Corp.(b)

 

 

5,293,502

 

 

20,600

 

CBS Corp., Class B

 

 

337,016

 

 

16,200

 

Chesapeake Energy Corp.

 

 

812,430

 

 

112,300

 

Chevron Corp.(b)

 

 

9,496,088

 

 

15,200

 

Chubb Corp.

 

 

730,208

 

 

11,400

 

Cigna Corp.

 

 

422,028

 

 

110,500

 

Cincinnati Financial Corp.(c)

 

 

3,076,320

 

 

138,500

 

Cisco Systems, Inc.(a)(b)

 

 

3,045,615

 

 

1,254

 

CME Group, Inc.

 

 

451,603

 

 

54,300

 

Coca-Cola Co. (The)(b)

 

 

2,796,450

 

 

37,400

 

ConocoPhillips(c)

 

 

3,052,588

 

 

133,700

 

Consolidated Edison, Inc.(b)

 

 

5,307,890

 

 

45,200

 

Corning, Inc.(b)

 

 

904,452

 

 

11,600

 

Cummins, Inc. (c)

 

 

769,544

 

 

26,300

 

CVS Caremark Corp.(b)

 

 

959,950

 

 

11,000

 

Devon Energy Corp.(b)

 

 

1,043,790

 

 

16,500

 

Dominion Resources, Inc.

 

 

728,970

 

 

39,300

 

Dow Chemical Co. (The)(b)

 

 

1,309,083

 

 

87,700

 

DTE Energy Co.(b)

 

 

3,593,946

 

 

46,300

 

Duke Energy Corp.

 

 

813,954

 

 

52,200

 

E.I. du Pont de Nemours & Co.(b)

 

 

2,286,882

 

 

3,800

 

Eaton Corp.

 

 

269,952

 

 

111,300

 

eBay, Inc.(a)(b)

 

 

2,801,421

 

 

11,400

 

Electronic Arts, Inc.(a)

 

 

492,252

 

 

28,900

 

Eli Lilly & Co.

 

 

1,361,479

 

 

45,000

 

EMC Corp.(a)

 

 

675,450

 

 

35,400

 

Emerson Electric Co.(b)

 

 

1,723,980

 

 

117,300

 

Exxon Mobil Corp.(b)

 

 

9,434,439

 

 

27,700

 

Fannie Mae

 

 

318,550

 

 

18,300

 

Fifth Third Bancorp

 

 

255,651

 

 

8,200

 

First Solar, Inc.(a)(b)

 

 

2,337,902

 

 

11,200

 

FirstEnergy Corp.

 

 

823,760

 

 

32,800

 

Fluor Corp.

 

 

2,668,280

 

 

37,400

 

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

 

 

3,618,450

 

 

8,300

 

Genentech, Inc.(a)

 

 

790,575

 

 

401,200

 

General Electric Co.(b)

 

 

11,349,948

 

 

12,700

 

General Mills, Inc.

 

 

817,753

 

 

76,700

 

General Motors Corp.(b)

 

 

849,069

 

 

133,100

 

Genuine Parts Co.

 

 

5,338,641

 

 

27,800

 

Gilead Sciences, Inc.(a)

 

 

1,500,644

 

 

12,540

 

Google, Inc., Class A(a)(b)

 

 

5,940,825

 

 

37,400

 

H.J. Heinz Co.

 

 

1,884,212

 

 

24,000

 

Halliburton Co.

 

 

1,075,680

 

 

10,700

 

Hartford Financial Services Group, Inc.

 

 

678,273

 


2


 

 

Schedule of Investments July 31, 2008
(Unaudited) (continued)

BlackRock Global Equity Income Trust (BFD)
(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Shares

 

Common Stocks

 

Value

 







 

 

 

United States— (cont’d)

 

 

 

 

 

22,000

 

Hewlett-Packard Co.

 

$

985,600

 

 

49,100

 

Home Depot, Inc.

 

 

1,170,053

 

 

313,300

 

Host Hotels & Resorts, Inc.

 

 

4,107,363

 

 

149,500

 

Intel Corp.(b)

 

 

3,317,405

 

 

8,600

 

IntercontinentalExchange, Inc.(a)

 

 

858,280

 

 

24,300

 

Intl. Paper Co.

 

 

673,596

 

 

11,342

 

Intuitive Surgical, Inc.(a)(b)

 

 

3,530,651

 

 

80,900

 

Johnson & Johnson(b)

 

 

5,539,223

 

 

15,900

 

Joy Global, Inc.(b)

 

 

1,148,298

 

 

104,700

 

JPMorgan Chase & Co.(b)

 

 

4,253,961

 

 

19,800

 

Juniper Networks, Inc.(a)

 

 

515,394

 

 

22,900

 

Kimberly-Clark Corp.

 

 

1,324,307

 

 

44,871

 

Kraft Foods, Inc.

 

 

1,427,795

 

 

22,800

 

Lam Research Corp.(a)

 

 

749,892

 

 

16,400

 

Lincoln National Corp.

 

 

782,280

 

 

78,300

 

Linear Technology Corp.

 

 

2,431,215

 

 

20,900

 

Marathon Oil Corp.

 

 

1,033,923

 

 

8,600

 

Massey Energy Co.

 

 

638,550

 

 

152,200

 

Mattel, Inc.

 

 

3,051,610

 

 

87,000

 

McDonald’s Corp.(b)

 

 

5,201,730

 

 

21,300

 

Medco Health Solutions, Inc.(a)

 

 

1,056,054

 

 

9,000

 

Medtronic, Inc.

 

 

475,470

 

 

56,300

 

Merck & Co., Inc.

 

 

1,852,270

 

 

105,200

 

Microchip Technology, Inc.

 

 

3,359,036

 

 

244,500

 

Microsoft Corp.

 

 

6,288,540

 

 

14,100

 

Monsanto Co.(b)

 

 

1,679,451

 

 

123,400

 

Motorola, Inc.

 

 

1,066,176

 

 

12,900

 

National Oilwell Varco, Inc.(a)

 

 

1,014,327

 

 

144,100

 

New York Community Bancorp, Inc.(b)

 

 

2,394,942

 

 

20,100

 

Newell Rubbermaid, Inc.

 

 

332,253

 

 

113,000

 

Oracle Corp.(a)(b)

 

 

2,432,890

 

 

12,700

 

Paychex, Inc.

 

 

418,084

 

 

14,000

 

PepsiCo, Inc.

 

 

931,840

 

 

384,000

 

Pfizer, Inc.(c)

 

 

7,169,280

 

 

61,400

 

Pitney Bowes, Inc.

 

 

1,945,766

 

 

87,700

 

Procter & Gamble Co.(b)

 

 

5,742,596

 

 

21,400

 

Qualcomm, Inc.(b)

 

 

1,184,276

 

 

26,900

 

Regions Financial Corp.

 

 

255,012

 

 

92,100

 

Reynolds American, Inc.

 

 

5,141,943

 

 

13,600

 

RR Donnelley & Sons Co.(b)

 

 

363,120

 

 

85,900

 

SanDisk Corp.(a)

 

 

1,211,190

 

 

72,500

 

Sara Lee Corp.

 

 

990,350

 

 

30,500

 

Schlumberger Ltd.

 

 

3,098,800

 

 

63,283

 

Smith Intl., Inc.(b)

 

 

4,706,990

 

 

27,600

 

Southern Co.

 

 

976,764

 

 

137,600

 

Spectra Energy Corp.(b)

 

 

3,738,592

 

 

69,700

 

Sprint Nextel Corp.

 

 

567,358

 

 

10,500

 

Stryker Corp.

 

 

673,995

 

 

12,400

 

SunTrust Banks, Inc.

 

 

509,144

 

 

40,900

 

SYSCO Corp.(b)

 

 

1,159,924

 

 

26,600

 

Texas Instruments, Inc.(b)

 

 

648,508

 

 

15,000

 

Thermo Fisher Scientific, Inc.(a)

 

 

907,800

 

 

3,407

 

Transocean, Inc.(a)

 

 

463,454

 

 

21,600

 

Travelers Cos., Inc. (The)(b)

 

 

952,992

 

 

17,475

 

Tyco Electronics Ltd.

 

 

579,122

 

 

206,800

 

U.S. Bancorp(b)

 

 

6,330,148

 

 

50,600

 

United Parcel Service, Inc., Class B(b)

 

 

3,191,848

 

 

49,200

 

UnitedHealth Group, Inc.

 

 

1,381,536

 

 

101,800

 

UST, Inc.(b)

 

 

5,355,698

 

 

16,900

 

Valero Energy Corp.

 

 

564,629

 

 

84,100

 

Verizon Communications, Inc.(b)

 

 

2,862,764

 

 

45,600

 

VF Corp.

 

 

3,264,048

 

 

33,900

 

Wachovia Corp.(b)

 

 

585,453

 

 

32,100

 

Waste Management, Inc.

 

 

1,140,834

 

 

88,500

 

Wells Fargo & Co.

 

 

2,678,895

 

 

27,000

 

Weyerhauser Co.

 

 

1,443,420

 

 

21,900

 

Williams Cos., Inc.

 

 

701,895

 

 

263,013

 

Windstream Corp.

 

 

3,135,115

 

 

28,200

 

Wyeth

 

 

1,142,664

 

 

8,300

 

Yahoo! Inc.(a)

 

 

165,087

 

 

 

 

 

 

 

 

 

Shares

 

Common Stocks

 

Value

 







 

 

 

United States— (cont’d)

 

 

 

 

 

19,600

 

Yum! Brands, Inc.

 

$

702,072

 

 

 

 

 

 



 

 

 

 

 

 

 

283,857,214

 









 

 

 

Total Common Stocks
(Cost—$709,562,232)—92.2%

 

 

624,750,201

 









 

 

 

 

 

 

 

 









 

 

 

Short-Term Securities

 

 

 

 









 

 

 

Money Market Fund—4.0%

 

 

 

 

 

26,957,095

 

Fidelity Institutional Money Market Prime Portfolio, 2.45%(d)

 

 

26,957,095

 









 

 

 

Total Short-Term Securities
(Cost—$26,957,095)—4.0%

 

 

26,957,095

 










 

 

 

 

 

 

 

 









Contracts

 

Options Purchased

 

 

 

 









 

 

 

Outstanding Call Options Purchased—0.0%

 

 

 

 

 

40

 

Abbott Laboratories, strike price $52.50, expires 08/18/08

 

 

16,400

 

 

130

 

Bank of America Corp., strike price $45, expires 08/18/08

 

 

195

 

 

130

 

Cisco Systems, Inc., strike price $26, expires 08/18/08

 

 

455

 

 

50

 

Coca-Cola Co. (The), strike price $62.50, expires 08/18/08

 

 

375

 

 

60

 

ConocoPhillips, strike price $85, expires 08/18/08

 

 

5,730

 

 

60

 

Corning, Inc., strike price $25, expires 08/18/08

 

 

1,200

 

 

40

 

Cummins, Inc., strike price $75, expires 08/18/08

 

 

2,000

 

 

70

 

Exxon Mobil Corp., strike price $95, expires 08/18/08

 

 

280

 

 

80

 

Freeport-McMoRan Copper & Gold, Inc., strike price $95, expires 08/18/08

 

 

45,800

 

 

40

 

Gilead Sciences, Inc., strike price $55, expires 08/18/08

 

 

3,600

 

 

50

 

Hewlett-Packard Co., strike price $45, expires 08/18/08

 

 

3,750

 

 

230

 

JPMorgan Chase & Co., strike price $42.50, expires 08/18/08

 

 

20,585

 

 

20

 

National Oilwell Varco, Inc., strike price $60, expires 08/18/08

 

 

37,900

 

 

190

 

Oracle Corp., strike price $24, expires 08/18/08

 

 

1,425

 

 

100

 

Reynolds American, Inc., strike price $60, expires 08/18/08

 

 

1,250

 

 

50

 

Schlumberger Ltd., strike price $90, expires 08/18/08

 

 

59,500

 









 

 

 

Total Outstanding Call Options Purchased
(Cost—$367,742)—0.0%

 

 

200,445

 









 

 

 

Total Investments Before Outstanding Options Written
(Cost—$736,887,069*)—96.2%

 

 

651,907,741

 










 

 

 

 

 

 

 

 

 

 

 

Options Written

 

 

 

 









 

 

 

Outstanding Call Options Written—(1.0)%

 

 

 

 

 

(80

)

Abbott Laboratories, strike price $55, expires 08/18/08

 

 

(16,000

)

 

(500

)

Dow Jones Euro Stoxx, strike price 3,250 EUR, expires 08/18/08

 

 

(1,076,682

)

 

(920

)

Dow Jones Euro Stoxx, strike price 3,400 EUR, expires 09/19/08

 

 

(1,392,722

)

 

(160

)

Freeport-McMoRan Copper & Gold, Inc., strike price $110, expires 08/16/08

 

 

(16,800

)

 

(140

)

FTSE 100 Index, strike price 5,350 GBP, expires 08/18/08

 

 

(332,309

)

 

(305

)

FTSE 100 Index, strike price 5,675 GBP, expires 09/19/08

 

 

(321,928

)

 

(460

)

JPMorgan Chase & Co., strike price $45, expires 08/18/08

 

 

(12,650

)


3


 

 

Schedule of Investments July 31, 2008
(Unaudited) (continued)

BlackRock Global Equity Income Trust (BFD)
(Percentages shown are based on Net Assets)


 

 

 

 

 

 

 

 

Contracts

 

Outstanding Written

 

Value

 







 

 

 

Outstanding Call Options Written— (cont'd)

 

 

 

 

 

(40

)

National Oilwell Varco, Inc., strike price $70, expires 08/18/08

 

$

(37,800

)

 

(285

)

Nikkei, strike price 13,500 JPY, expires 08/08/08

 

 

(283,983

)

 

(65

)

Nikkei, strike price 14,000 JPY, expires 09/12/08

 

 

(97,905

)

 

(395

)

S&P 500, strike price $1,260, expires 08/18/08

 

 

(1,040,825

)

 

(1,065

)

S&P 500, strike price $1,320, expires 09/22/08

 

 

(1,773,225

)

 

(100

)

Schlumberger Ltd., strike price $100, expires 08/18/08

 

 

(41,000

)









 

 

 

Total Outstanding Options Written (Premium Received—$5,888,313)—(1.0)%

 

 

(6,443,829

)









 

 

 

Total Investments Net of Outstanding Options Written—95.2%

 

 

645,463,912

 

 

 

 

Other Assets in Excess of Liabilities—4.8%

 

 

32,375,486

 

 

 

 

 

 



 

 

 

 

Net Assets—100.0%

 

$

677,839,398

 

 

 

 

 

 



 


 

 

 

 

 

 







*

The cost and unrealized appreciation (depreciation) of investments as of July 31, 2008, as computed for federal income tax purposes, were as follows:

 

 

 

Aggregate cost

 

$

736,944,440

 

 

 

 



 

 

Gross unrealized appreciation

 

$

19,923,837

 

 

Gross unrealized depreciation

 

 

(104,960,536

)

 

 

 



 

 

Net unrealized depreciation

 

$

(85,036,699

)

 

 

 



 

 

 

 

 

 

 

(a)

Non-income producing security.

 

 

 

 

 

 

(b)

Security, or a portion thereof, pledged as collateral for outstanding options written.

 

 

 

 

 

 

(c)

All or a portion of a security, pledged as collateral in connection with open financial futures contracts.

 

 

(d)

Represents current yield as of report date.

 

 

 

 

 

 

Financial futures contracts purchased as of July 31, 2008 were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 


Contracts

 

Issue

 

Expiration Date

 

 

Face Value

 

 

Unrealized
Appreciation
(Depreciation)

 













 

265

 

Dow Jones
Euro Stoxx

 

September 2008

 

$

13,797,255

 

$

170,129

 

 

102

 

FTSE 100
Index

 

September 2008

 

$

11,111,091

 

 

(182,231

)

 

126

 

Nikkei

 

September 2008

 

$

7,881,678

 

 

(112,155

)

 

759

 

S&P 500

 

September 2008

 

$

47,674,356

 

 

412,089

 














Total Net Unrealized Appreciation on Financial Futures Contracts

 

 

 

 

$

287,832

 

 

 

 

 

 



 

 

 

 

KEY TO ABBREVIATIONS

 

 

EUR

Euro

GBP

British Pound

JPY

Japanese Yen

REIT

Real Estate Investment Trust


4


Item 2 – Controls and Procedures  
 
2(a) –   The registrant’s principal executive and principal financial officers or persons performing similar functions have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.
 
2(b) –   There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.
 
Item 3 –   Exhibits    
 
  Certifications – Attached hereto  
 
  Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
 
  BlackRock Global Equity Income Trust  
 
  By:   /s/ Donald C. Burke  
    Donald C. Burke  
    Chief Executive Officer of  
    BlackRock Global Equity Income Trust  
 
  Date: September 19, 2008  
 
  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/ Donald C. Burke  
    Donald C. Burke  
    Chief Executive Officer (principal executive officer) of  
    BlackRock Global Equity Income Trust  
 
  Date: September 19, 2008  
 
  By:   /s/ Neal J. Andrews  
    Neal J. Andrews  
    Chief Financial Officer (principal financial officer) of  
    BlackRock Global Equity Income Trust  
 
  Date: September 19, 2008  

Blackrock Global Equity Income Trust (NYSE:BFD)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos Blackrock Global Equity Income Trust.
Blackrock Global Equity Income Trust (NYSE:BFD)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos Blackrock Global Equity Income Trust.