<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000834237
<NAME> MERRILL LYNCH GLOBAL ALLOCATION FUND, INC.
<SERIES>
<NUMBER> 001
<NAME> CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> APR-30-2000
<INVESTMENTS-AT-COST> 6737112090
<INVESTMENTS-AT-VALUE> 6640186424
<RECEIVABLES> 102119017
<ASSETS-OTHER> 269260043
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7011565484
<PAYABLE-FOR-SECURITIES> 65573998
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 37319775
<TOTAL-LIABILITIES> 102893773
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 6417734471
<SHARES-COMMON-STOCK> 90495622
<SHARES-COMMON-PRIOR> 88239373
<ACCUMULATED-NII-CURRENT> 16046376
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 573392193
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (98501329)
<NET-ASSETS> 1266051191
<DIVIDEND-INCOME> 41823538
<INTEREST-INCOME> 127554512
<OTHER-INCOME> 58202
<EXPENSES-NET> (58123494)
<NET-INVESTMENT-INCOME> 111312758
<REALIZED-GAINS-CURRENT> 575177024
<APPREC-INCREASE-CURRENT> (306588011)
<NET-CHANGE-FROM-OPS> 379901771
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (40186139)
<DISTRIBUTIONS-OF-GAINS> (98577261)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7983617
<NUMBER-OF-SHARES-REDEEMED> (15201000)
<SHARES-REINVESTED> 9473632
<NET-CHANGE-IN-ASSETS> (444491353)
<ACCUMULATED-NII-PRIOR> 105355140
<ACCUMULATED-GAINS-PRIOR> 556449689
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 27008323
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 59859940
<AVERAGE-NET-ASSETS> 1308928179
<PER-SHARE-NAV-BEGIN> 14.79
<PER-SHARE-NII> .27
<PER-SHARE-GAIN-APPREC> .52
<PER-SHARE-DIVIDEND> (.46)
<PER-SHARE-DISTRIBUTIONS> (1.13)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.99
<EXPENSE-RATIO> .96
</TABLE>