Fixed Income

BGF Global High Yield 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


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 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 1,230.623
Base Currency USD
Fund Launch Date 16-May-2003
Share Class launch date 27-Sep-2012
Asset Class Fixed Income
Morningstar Category Global High Yield Bond - EUR Hedged
Benchmark Index ICE BofAML Global High Yield Constrained (HW0C) 100% USD Hedged Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0827882472
Bloomberg Ticker BGHD3EH
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B8199L5
Bloomberg Benchmark Ticker MLGHYCUSH
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 Distributing

Portfolio Characteristics

Portfolio Characteristics

Modified Duration as of 31-Jul-2019 4.46
3y Volatility - Benchmark as of 30-Jun-2019 4.03
5y Volatility - Benchmark as of 31-Jul-2019 5.15
5y Beta as of 31-Jul-2019 1.005

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global High Yield Bond Fund, Class D3 Hedged, as of 31-Jul-2019 rated against 420 Global High Yield Bond - EUR Hedged Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 17-Oct-2018)

Holdings

Holdings

as of 31-Jul-2019
Name Weight (%)
ALLY FINANCIAL INC 8 11/01/2031 0.66
CLEAR CHANNEL WORLDWIDE HOLDINGS I 144A 9.25 02/15/2024 0.59
FINANCIAL & RISK US HOLDINGS INC 144A 6.25 05/15/2026 0.58
PETROBRAS GLOBAL FINANCE BV 6.85 06/05/2115 0.52
BOMBARDIER INC 144A 7.875 04/15/2027 0.49
Name Weight (%)
GMAC CAPITAL TRUST I 0.49
CENTENE CORPORATION 144A 5.375 06/01/2026 0.48
ALTICE FRANCE SA (FRANCE) 144A 7.375 05/01/2026 0.48
BWAY HOLDING CO RegS 4.75 04/15/2024 0.46
FREEPORT-MCMORAN COPPER & GOLD INC 5.45 03/15/2043 0.46
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 Hedged EUR Monthly 5.21 0.00 0.00 5.32 4.95 - LU0827882472 - -
Class A3 USD Monthly 8.03 0.01 0.12 8.06 7.48 - LU0172401969 - -
Class A2 Hedged GBP None 18.52 0.03 0.16 18.55 16.99 - LU0567554463 - -
Class A2 USD None 25.96 0.03 0.12 25.97 23.51 - LU0171284937 - -
Class D2 Hedged GBP None 19.52 0.03 0.15 19.55 17.83 - LU0372548783 - -
Class A3 Hedged EUR Monthly 5.18 0.00 0.00 5.29 4.93 - LU0172401704 - -
Class D3 USD Monthly 8.07 0.01 0.12 8.11 7.52 - LU0827882126 - -
Class AI5 Hedged EUR - 10.16 0.03 0.30 10.19 10.08 - LU1960223334 - -
Class A6 USD Monthly 6.97 0.01 0.14 7.02 6.56 - LU0764618640 - -
Class A5 EUR Quarterly 11.23 0.04 0.36 11.24 10.06 - LU1125545993 - -
Class A1 EUR Daily 5.23 0.01 0.19 5.33 4.98 - LU0118259661 - -
Class D5 Hedged GBP Quarterly 9.13 0.01 0.11 9.24 8.56 - LU1072327023 - -
Class AI2 Hedged EUR - 10.18 0.02 0.20 10.22 9.95 - LU1960223250 - -
Class D2 USD None 27.65 0.03 0.11 27.65 24.93 - LU0297941899 - -
Class A2 Hedged EUR None 16.97 0.02 0.12 17.01 15.68 - LU0093504206 - -
Class D2 Hedged EUR None 18.01 0.02 0.11 18.05 16.57 - LU0368267034 - -
Class A1 USD Daily 7.97 0.01 0.13 7.99 7.43 - LU0171284770 - -

Portfolio Managers

Portfolio Managers

James Keenan
James Keenan
Jose Aguilar
Jose Aguilar
David Delbos
David Delbos
Mitchell Garfin
Mitchell Garfin
James Turner
James Turner

Literature

Literature