Fixed Income

BGF Euro Corporate Bond Fund

Overview

Important Information: Capital at Risk. All financial investments involve an element of risk. Therefore, the value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed.


Important Information:
Investors must read the Prospectus for any fund in which they wish to invest. Please contact us at the BlackRock Advisors UK Limited-Dubai Branch for the relevant Prospectus.
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Performance

Performance

  • Returns

  From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 31-Mar-2020

0.75 3.52 2.09 2.57 -3.19
Benchmark (%) Index: ICE BofAML Euro Corporate Index (ER00)<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of 31-Mar-2020

0.52 2.53 1.81 2.33 -3.22

The figures shown relate to past performance. Past performance is not a reliable indicator of future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in EUR, hedged fund benchmark performance is displayed in EUR.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

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Reinvestments

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of 08-Apr-2020 EUR 2,961.712
Base Currency EUR
Fund Launch Date 31-Jul-2006
Share Class launch date 29-Jul-2009
Asset Class Fixed Income
Morningstar Category EUR Corporate Bond
Benchmark Index ICE BofAML Euro Corporate Index (ER00)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0368266499
Bloomberg Ticker BGECED2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B39TX32
Bloomberg Benchmark Ticker ER00
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 100000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Modified Duration as of 31-Mar-2020 5.18
3y Volatility - Benchmark as of 31-Mar-2020 4.55
5y Volatility - Benchmark as of 31-Mar-2020 4.04
5y Beta as of 31-Mar-2020 1.012

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Euro Corporate Bond Fund, Class D2, as of 31-Mar-2020 rated against 962 EUR Corporate Bond Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Silver
Morningstar has awarded the Fund a Silver medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 19-Jul-2019)

Holdings

Holdings

as of 31-Mar-2020
Name Weight (%)
ISHARES $ CORPORATE BOND UCITS ETF 1.72
ISHARES $ HIGH YIELD CRP BND ETF $ 1.17
BANCO BILBAO VIZCAYA ARGENTARIA SA RegS 0.5 01/14/2027 0.78
CHORUS LTD MTN RegS 1.125 10/18/2023 0.73
BECTON DICKINSON AND COMPANY 1.401 05/24/2023 0.67
Name Weight (%)
LA BANQUE POSTALE MTN RegS 0.25 07/12/2026 0.66
ARGENTA SPAARBANK NV RegS 1 02/06/2024 0.66
JPMORGAN CHASE & CO MTN RegS 1.09 03/11/2027 0.64
BANK OF AMERICA CORP MTN RegS 0.808 05/09/2026 0.62
BNP PARIBAS SA MTN RegS 1.125 01/15/2032 0.60
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Mar-2020

% of Market Value

Type Fund Benchmark Net
as of 31-Mar-2020

% of Market Value

Type Fund Benchmark Net
as of 31-Mar-2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Mar-2020

% of Market Value

Type Fund Benchmark Net
as of 31-Mar-2020

% of Market Value

Type Fund Benchmark Net
as of 31-Mar-2020

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
Class D2 EUR None 16.99 -0.09 -0.53 18.42 16.21 - LU0368266499 - -
Class AI2 EUR - 9.63 -0.05 -0.52 10.46 9.19 - LU1960221049 - -
Class D2 Hedged USD None 11.07 -0.06 -0.54 11.94 10.54 - LU1445718437 - -
Class A2 Hedged GBP None 10.28 -0.05 -0.48 11.20 9.81 - LU1445718197 - -
Class D3 EUR Monthly 12.90 -0.06 -0.46 14.04 12.31 - LU0827877803 - -
Class A2 Hedged USD None 10.92 -0.05 -0.46 11.78 10.40 - LU1445717389 - -
Class D2 Hedged GBP None 10.42 -0.05 -0.48 11.34 9.94 - LU1445719088 - -
Class A2 EUR None 16.22 -0.09 -0.55 17.62 15.48 - LU0162658883 - -
Class A3 EUR Monthly 12.90 -0.06 -0.46 14.03 12.31 - LU0172394222 - -
Class A1 EUR Daily 13.13 -0.07 -0.53 14.29 12.53 - LU0162660350 - -

Portfolio Managers

Portfolio Managers

Tom Mondelaers
Tom Mondelaers
Jozef Prokes
Jozef Prokes

Literature

Literature