Equity

BGF Global Equity Income Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
Loading

Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
View full chart

Reinvestments

This fund does not have any distributions data as of now.
  From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
From
31-Dec-2018
To
31-Dec-2019
From
31-Dec-2019
To
31-Dec-2020
From
31-Dec-2020
To
31-Dec-2021
Total Return (%)

as of Dec 31, 2021

4.21 -7.88 23.44 -3.56 26.31
Benchmark (%)

as of Dec 31, 2021

8.89 -4.85 28.93 6.65 27.54
  1Y 3Y 5Y 10y Incept.
26.31 14.57 7.62 - 9.30
Benchmark (%)

as of Dec 31, 2021

27.54 20.59 12.69 - 12.95
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
26.31 4.72 7.90 26.31 50.37 44.36 - 120.15
Benchmark (%)

as of Dec 31, 2021

27.54 2.94 8.72 27.54 75.37 81.71 - 194.74
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 Jan 20, 2022 USD 1,041.663
12m Trailing Yield -
Number of Holdings as of Dec 31, 2021 49
Base Currency U.S. Dollar
Fund Inception Date Nov 12, 2010
Share Class Inception Date Feb 13, 2013
Asset Class Equity
Morningstar Category Global Equity Income
Benchmark Index MSCI All Country World Net TR Index - in EUR
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.82%
ISIN LU0880975056
Bloomberg Ticker BEIDA2E
Annual Management Fee 1.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B94CM42
Bloomberg Benchmark Ticker M7WD
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Dec 31, 2021 15.19
3y Beta as of Dec 31, 2021 0.863
5y Volatility - Benchmark as of Dec 31, 2021 13.44
5y Beta as of Dec 31, 2021 0.861

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. For newly launched funds, Sustainability Characteristics are typically available 6 months after launch. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe, and there is no indication that an ESG or Impact focused investment strategy or exclusionary screens will be adopted by a fund. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Dec 31, 2021 0.00%
MSCI - UN Global Compact Violators as of Dec 31, 2021 0.00%
MSCI - Nuclear Weapons as of Dec 31, 2021 0.00%
MSCI - Thermal Coal as of Dec 31, 2021 0.00%
MSCI - Civilian Firearms as of Dec 31, 2021 0.00%
MSCI - Oil Sands as of Dec 31, 2021 0.00%
MSCI - Tobacco as of Dec 31, 2021 1.71%

Business Involvement Coverage as of Dec 31, 2021 99.75%
Percentage of Fund not covered as of Dec 31, 2021 0.04%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and decision phases of the investment process. This may include relevant third-party insights, as well as internal engagement commentary and input from BlackRock Investment Stewardship on governance issues. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio reviews with the Risk and Quantitative Analysis group and with the Chief Investment Officers. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for BGF Global Equity Income Fund, Class A2, as of Jan 31, 2020 rated against 894 Global Equity Income Funds.

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Dec 31, 2021
Name Weight (%)
MICROSOFT CORP 3.85
ABBVIE INC 3.46
SANOFI SA 3.39
UNITEDHEALTH GROUP INC 3.28
RELX PLC 3.16
Name Weight (%)
INTERCONTINENTAL EXCHANGE INC 3.14
NOVO NORDISK CLASS B 3.08
MEDTRONIC PLC 2.77
DIAGEO PLC 2.71
TAIWAN SEMICONDUCTOR MANUFACTURING 2.71
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Dec 31, 2021

% of Market Value

Type Fund Benchmark Net
as of Dec 31, 2021

% of Market Value

Type Fund Benchmark Net
as of Dec 31, 2021

% 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
A2 EUR Accumulating 19.92 0.04 0.20 20.48 16.06 - LU0880975056 - -
D2 Hgd CHF Accumulating 17.24 0.03 0.17 17.65 14.90 - LU0862987244 - -
D5G GBP Quarterly 12.72 0.02 0.16 13.14 10.95 - LU0827881748 - -
C2 USD Accumulating 18.59 0.03 0.16 19.04 16.18 - LU0545039629 - -
D4G EUR Annual 16.69 0.03 0.18 17.16 13.64 - LU0938162426 - -
A2 USD Accumulating 22.59 0.04 0.18 23.13 19.43 - LU0545039389 - -
D2 Hgd EUR Accumulating 19.42 0.03 0.15 19.89 16.74 - LU0827881409 - -
D2 Hgd PLN Accumulating 24.36 0.04 0.16 24.91 20.85 - LU0827881151 - -
A5G USD Quarterly 16.17 0.03 0.19 16.55 14.19 - LU0553294199 - -
A4G EUR Annual 14.42 0.02 0.14 14.83 11.88 - LU0739721834 - -
E5G USD Quarterly 15.35 0.03 0.20 15.72 13.54 - LU0579999342 - -
D5G Hgd EUR Quarterly 14.23 0.02 0.14 14.57 12.52 - LU0827881664 - -
D5G USD Quarterly 17.34 0.03 0.17 17.75 15.11 - LU0827881235 - -
D2 Hgd SGD Accumulating 21.57 0.04 0.19 22.08 18.45 - LU0827881581 - -
A2 Hgd PLN Accumulating 22.72 0.04 0.18 23.24 19.59 - LU0654592483 - -
Class AI2 EUR - 12.89 0.02 0.16 13.26 11.34 - LU1960222955 - -
A6 USD Monthly Stable 16.41 0.03 0.18 16.80 14.45 - LU0738911758 - -
D5G Hgd GBP Quarterly 9.79 0.02 0.20 10.02 8.57 - LU0827881318 - -
A2 Hgd EUR Accumulating 18.12 0.03 0.17 18.56 15.73 - LU0625451603 - -
A5G Hgd SGD Quarterly 14.95 0.02 0.13 15.31 13.14 - LU0661504455 - -
X2 USD Accumulating 27.53 0.05 0.18 28.16 23.27 - LU0545040635 - -
D2 USD Accumulating 24.56 0.05 0.20 25.13 20.97 - LU0545039975 - -
A2 Hgd CHF Accumulating 13.64 0.02 0.15 13.98 11.88 - LU1115429885 - -
A8 Hgd ZAR Monthly Stable with IRD 133.56 0.31 0.23 136.43 115.48 - LU1023055079 - -
A2 Hgd SGD Accumulating 20.13 0.04 0.20 20.61 17.34 - LU0661495795 - -
A5G Hgd EUR Quarterly 13.27 0.02 0.15 13.59 11.76 - LU0625451512 - -
C5G USD Quarterly 13.46 0.02 0.15 13.79 11.96 - LU0592708423 - -
E2 Hgd EUR - 11.85 0.02 0.17 12.14 10.34 - LU1786037793 - -
A6 Hgd SGD Monthly Stable 12.72 0.02 0.16 13.03 11.22 - LU0949170772 - -
Class AI5G Hedged EUR Quarterly 11.46 0.02 0.17 11.74 10.15 - LU1960223177 - -
A8 Hgd CNH Monthly Stable with IRD 131.15 0.27 0.21 134.25 114.48 - LU1220226846 - -
E2 USD Accumulating 21.40 0.04 0.19 21.91 18.49 - LU0545040122 - -
I2 USD Accumulating 16.85 0.03 0.18 17.24 14.35 - LU0545040395 - -
E5G Hgd EUR Quarterly 12.25 0.02 0.16 12.55 10.91 - LU0628613126 - -
E2 EUR Accumulating 18.87 0.04 0.21 19.41 15.29 - LU0628613043 - -
A6 Hgd HKD Monthly Stable 124.47 0.22 0.18 127.44 109.79 - LU1003077747 - -
A4G Hgd EUR Annual 12.19 0.02 0.16 12.48 10.81 - LU1529944511 - -
A8 Hgd AUD Monthly Stable with IRD 12.73 0.02 0.16 13.04 11.23 - LU0949170699 - -
A5G GBP Quarterly 11.84 0.02 0.17 12.23 10.26 - LU0557294096 - -
Class AI2 Hedged EUR - 12.32 0.02 0.16 12.62 11.35 - LU1960223094 - -

Portfolio Managers

Portfolio Managers

Olivia Treharne
Olivia Treharne
Molly Greenen
Molly Greenen

Literature

Literature