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 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 03-Apr-2020 USD 1,047.789
Base Currency USD
Fund Launch Date 22-Dec-1998
Share Class launch date 27-Sep-2012
Asset Class Fixed Income
Morningstar Category Global High Yield Bond
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 LU0827882126
Bloomberg Ticker BGHYD3U
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B82RRZ8
Bloomberg Benchmark Ticker MLGHYCUSH
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 28-Feb-2020 4.58
3y Volatility - Benchmark as of 31-Mar-2020 8.47
5y Volatility - Benchmark as of 31-Mar-2020 7.69
5y Beta as of 31-Mar-2020 0.925

Risk Indicator

Risk Indicator

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3
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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, as of 31-Mar-2020 rated against 556 Global High Yield Bond 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 09-Oct-2019)

Holdings

Holdings

as of 28-Feb-2020
Name Weight (%)
ISHARES $ HIGH YIELD CRP BND ETF $ 1.68
PETROBRAS GLOBAL FINANCE BV 144A 5.093 01/15/2030 0.48
FREEPORT-MCMORAN COPPER & GOLD INC 5.45 03/15/2043 0.47
VERSCEND ESCROW CORP 144A 9.75 08/15/2026 0.44
ALLY FINANCIAL INC 8 11/01/2031 0.44
Name Weight (%)
BANFF MERGER SUB INC 144A 9.75 09/01/2026 0.42
ALTICE FINANCING SA 144A 7.5 05/15/2026 0.41
PANTHER BF AGGREGATOR 2 LP 144A 8.5 05/15/2027 0.41
SBA COMMUNICATIONS CORP 4.875 09/01/2024 0.41
CLEAR CHANNEL OUTDOOR HOLDINGS INC 144A 5.125 08/15/2027 0.40
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-2020

% of Market Value

Type Fund Benchmark Net
as of 28-Feb-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 D3 USD Monthly 6.90 -0.11 -1.57 8.32 6.33 - LU0827882126 - -
Class AI2 Hedged EUR - 8.91 0.08 0.91 10.59 8.03 - LU1960223250 - -
Class A1 EUR Daily 4.38 -0.07 -1.57 5.32 4.02 - LU0118259661 - -
Class A1 USD Daily 6.83 -0.11 -1.59 8.21 6.24 - LU0171284770 - -
Class A2 Hedged GBP None 15.92 -0.26 -1.61 19.34 14.63 - LU0567554463 - -
Class A6 USD Monthly 5.88 -0.10 -1.67 7.11 5.40 - LU0764618640 - -
Class AI5 Hedged EUR - 8.88 0.07 0.79 10.56 8.01 - LU1960223334 - -
Class A2 Hedged EUR None 14.59 -0.24 -1.62 17.63 13.37 - LU0093504206 - -
Class D2 Hedged GBP None 16.85 -0.28 -1.63 20.46 15.48 - LU0372548783 - -
Class D2 Hedged EUR None 15.55 -0.26 -1.64 18.77 14.24 - LU0368267034 - -
Class D2 USD None 24.43 -0.41 -1.65 29.20 22.31 - LU0297941899 - -
Class A5 EUR Quarterly 9.80 -0.10 -1.01 11.85 8.95 - LU1125545993 - -
Class D5 Hedged GBP Quarterly 7.57 -0.13 -1.69 9.33 6.96 - LU1072327023 - -
Class A3 USD Monthly 6.86 -0.12 -1.72 8.27 6.29 - LU0172401969 - -
Class A3 Hedged EUR Monthly 4.33 -0.07 -1.59 5.27 3.98 - LU0172401704 - -
Class D3 Hedged EUR Monthly 4.35 -0.07 -1.58 5.30 4.01 - LU0827882472 - -
Class A2 USD None 22.84 -0.38 -1.64 27.32 20.86 - LU0171284937 - -

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