Fixed Income

BGF US Government Mortgage 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
30-Jun-2014
To
30-Jun-2015
From
30-Jun-2015
To
30-Jun-2016
From
30-Jun-2016
To
30-Jun-2017
From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of 30-Jun-2019

2.04 3.66 -0.27 -1.07 5.94
Benchmark (%) Index: FTSE Mortgage Index<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 30-Jun-2019

2.35 4.29 -0.08 0.11 6.39

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 USD, hedged fund benchmark performance is displayed in USD.

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

Chart

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of 23-Aug-2019 USD 107.596
Base Currency USD
Fund Launch Date 02-Aug-1985
Share Class launch date 19-Apr-2011
Asset Class Fixed Income
Morningstar Category USD Government Bond
Benchmark Index FTSE Mortgage Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0592702145
Bloomberg Ticker BGFGMD3
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B3X5057
Bloomberg Benchmark Ticker SBMT
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 100000
Minimum Subsequent Investment USD 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Modified Duration as of 31-Jul-2019 4.69
3y Volatility - Benchmark as of 31-Jul-2019 2.45
5y Volatility - Benchmark as of 31-Jul-2019 2.15
5y Beta as of 31-Jul-2019 0.880

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 US Government Mortgage Fund, Class D3, as of 31-Jul-2019 rated against 155 USD Government Bond Funds.

Holdings

Holdings

as of 31-Jul-2019
Name Weight (%)
GNMA2 30YR TBA(REG C) 22.16
UMBS 30YR TBA(REG A) 17.21
FHLMC UMBS 30YR 10.77
FNMA 30YR 2019 PRODUCTION 7.72
FNMA 30YR 3.5% SHLB 175K 2019 7.15
Name Weight (%)
FNMA 30YR 4% SHLB 175K 2019 4.42
FNMA 30YR 2017 PRODUCTION 4.23
FNMA 30YR 2011 PRODUCTION 2.75
UMBS 15YR TBA(REG B) 2.34
FGOLD 30YR 4% HLB 150K 2011 2.23
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% 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 D3 USD Monthly 9.27 0.00 0.00 9.27 8.81 - LU0592702145 - -
Class A1 USD Daily 9.23 0.00 0.00 9.24 8.79 - LU0035308682 - -
Class A2 USD None 19.73 -0.01 -0.05 19.75 18.25 - LU0096258446 - -
Class D2 USD None 20.43 -0.01 -0.05 20.45 18.84 - LU0424777026 - -
Class A3 USD Monthly 9.25 0.00 0.00 9.25 8.79 - LU0172418690 - -

Portfolio Managers

Portfolio Managers

Akiva Dickstein
Akiva Dickstein
Matthew Kraeger
Matthew Kraeger
Bob Miller
Bob Miller

Literature

Literature