Fixed Income

BGF US Dollar Short Duration 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.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
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  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%)

as of Sep 30, 2020

0.67 0.83 -0.49 3.64 2.08
Benchmark (%)

as of Sep 30, 2020

1.32 0.65 0.28 4.65 3.74
  1Y 3Y 5Y 10y Incept.
1.99 1.73 1.33 1.28 1.38
Benchmark (%)

as of Oct 31, 2020

3.39 2.88 2.12 1.58 2.51
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
1.67 0.00 0.16 1.99 5.27 6.85 13.59 27.90
Benchmark (%)

as of Oct 31, 2020

3.13 0.02 0.08 3.39 8.89 11.06 16.94 56.14
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) as of Dec 1, 2020 USD 1,679.618
12m Trailing Yield -
Number of Holdings as of Oct 30, 2020 671
Base Currency U.S. Dollar
Fund Inception Date Oct 31, 2002
Share Class Inception Date Oct 31, 2002
Asset Class Fixed Income
Morningstar Category USD Diversified Bond - Short Term
Benchmark Index ICE BofA Government Corporate 1-3 Yr Index (B1A0)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.38%
ISIN LU0154237738
Bloomberg Ticker MLLDBNE
Annual Management Fee 1.25%
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL 7453287
Bloomberg Benchmark Ticker ML1-3GC
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Oct 30, 2020 1.24%
Modified Duration as of Oct 30, 2020 2.02 yrs
Effective Duration as of Oct 30, 2020 1.62 yrs
Weighted Avg Maturity as of Oct 30, 2020 2.76 yrs
3y Volatility - Benchmark as of Oct 31, 2020 1.00
3y Beta as of Oct 31, 2020 1.013
5y Volatility - Benchmark as of Oct 31, 2020 0.94
5y Beta as of Oct 31, 2020 0.904
WAL to Worst as of Oct 30, 2020 2.76 yrs

Ratings

Ratings

Morningstar Rating

3
Overall Morningstar Rating for BGF US Dollar Short Duration Bond Fund, Class E2, as of Nov 30, 2020 rated against 235 USD Diversified Bond - Short Term Funds.

Risk Indicator

Risk Indicator

1
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3
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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
TREASURY NOTE 1.125 06/30/2021 6.99
CANADA HOUSING TRUST NO.1 144A 2.4 12/15/2022 4.53
ISHARES $ HIGH YIELD CRP BND ETF $ 4.25
TREASURY NOTE 0.125 07/15/2023 3.48
ISHARES $ SHORT DURATION HI YLD CO 2.34
Name Weight (%)
TREASURY NOTE 2 10/31/2021 1.98
FNMA BENCHMARK NOTE 0.75 10/08/2027 1.50
TREASURY NOTE 0.125 09/15/2023 1.44
TREASURY (CPI) NOTES 0.125 04/15/2022 1.35
UMBS 15YR TBA(REG B) 1.12
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settlement 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.
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 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
E2 USD Accumulating 12.87 0.01 0.08 12.87 11.92 - LU0154237738 - -
A3 EUR Monthly 7.21 0.00 0.00 7.94 7.21 - LU0172420597 - -
D2 Hgd EUR Accumulating 10.08 0.00 0.00 10.08 9.36 - LU1423762027 - -
X2 USD Accumulating 16.03 0.00 0.00 16.03 14.72 - LU0245444947 - -
D2 USD Accumulating 14.59 0.01 0.07 14.59 13.44 - LU0827887356 - -
I2 USD Accumulating 11.12 0.00 0.00 11.12 10.24 - LU1479925726 - -
A2 Hgd EUR Accumulating 10.11 0.01 0.10 10.11 9.40 - LU0839485744 - -
C2 USD Accumulating 11.32 0.01 0.09 11.32 10.54 - LU0331289081 - -
E2 EUR Accumulating 10.73 0.01 0.09 11.72 10.70 - LU0171298564 - -
A1 USD Daily 8.66 0.01 0.12 8.66 8.07 - LU0155445546 - -
A2 USD Accumulating 14.19 0.01 0.07 14.19 13.10 - LU0154237225 - -
I2 Hgd EUR Accumulating 10.13 0.00 0.00 10.13 9.40 - LU1423762613 - -
Class I5 USD USD Quarterly 10.34 0.00 0.00 10.34 9.61 - LU1883300532 - -
A3 USD Monthly 8.65 0.00 0.00 8.66 8.07 - LU0172419748 - -
Class AI2 EUR - 8.78 -0.04 -0.45 9.56 8.75 - LU1960224142 - -
A3 Hgd SGD Monthly 9.70 0.00 0.00 9.72 9.07 - LU1062843773 - -
C1 USD Daily 8.66 0.00 0.00 8.66 8.08 - LU0155447161 - -
Class AI2 USD - 10.53 0.00 0.00 10.53 9.73 - LU1960224225 - -
D3 USD Monthly 9.93 0.00 0.00 9.94 9.27 - LU0592702228 - -

Portfolio Managers

Portfolio Managers

Bob Miller
Managing Director, Head of Americas Fundamental Fixed Income

Bob Miller, Managing Director, is head of Americas Fundamental Fixed Income within BlackRock's Global Fixed Income group and a member of the Global Fixed Income Executive Committee.

Akiva Dickstein
Head of Customized Multi-Sector Portfolios and co-Head of Global Inflation Linked Portfolios

Mr. Dickstein earned a BA degree in economics, summa cum laude, from Yale University in 1990, and an MA degree in physics from Princeton University in 1993.

Scott MacLellan, CFA, CMT
Scott MacLellan, CFA, CMT

Literature

Literature