Fixed Income

BGF Fixed Income Global Opportunities 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.
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Performance

Performance

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

This fund does not have any distributions data as of now.
  From
30-Jun-2017
To
30-Jun-2018
From
30-Jun-2018
To
30-Jun-2019
From
30-Jun-2019
To
30-Jun-2020
From
30-Jun-2020
To
30-Jun-2021
From
30-Jun-2021
To
30-Jun-2022
Total Return (%)

as of Jun 30, 2022

-0.09 2.93 1.15 5.97 -6.38
  1Y 3Y 5Y 10y Incept.
-5.13 0.47 0.82 - 1.58
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-4.66 1.42 -0.95 -5.13 1.42 4.18 - 14.60
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 Aug 5, 2022 USD 9,176.460
12m Trailing Yield -
Number of Holdings as of Jul 29, 2022 3096
Base Currency U.S. Dollar
Fund Inception Date Jan 31, 2007
Share Class Inception Date Nov 27, 2013
Asset Class Fixed Income
Morningstar Category Global Flexible Bond - GBP Hedged
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 0.72%
ISIN LU0278463947
Bloomberg Ticker MLIHGD2
Annual Management Fee 0.50%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B1PF5P6
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 100000
Minimum Subsequent Investment GBP 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Jul 29, 2022 3.67%
Modified Duration as of Jul 29, 2022 2.36 yrs
Effective Duration as of Jul 29, 2022 1.89 yrs
Weighted Avg Maturity as of Jul 29, 2022 5.70 yrs
WAL to Worst as of Jul 29, 2022 5.70 yrs

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 due diligence phase of the investment process. ESG information may be sourced internally, via collaboration with the BlackRock Investment Stewardship team in engaging issuers on material environmental, social or governance topics, or from third-party providers. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio risk reviews with the Risk and Quantitative Analysis group. 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 Fixed Income Global Opportunities Fund, Class D2 Hedged, as of Jul 31, 2022 rated against 569 Global Flexible Bond - GBP Hedged Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Gold
Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective Mar 15, 2022)

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Jul 29, 2022
Name Weight (%)
TREASURY NOTE 1.25 11/30/2026 10.96
TREASURY NOTE 2.875 05/15/2032 5.00
TREASURY BOND 2.875 05/15/2052 2.71
TREASURY (CPI) NOTE 0.125 04/15/2027 2.50
FHLMC 30YR UMBS 1.83
Name Weight (%)
FNMA 30YR 2019 PRODUCTION 1.79
FNMA 30YR 2018 PRODUCTION 1.75
TREASURY (CPI) NOTE 0.5 04/15/2024 1.23
TREASURY NOTE 2.625 05/31/2027 1.21
TREASURY (CPI) NOTE 0.125 04/15/2026 0.95
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jul 29, 2022

% of Market Value

Type Fund
as of Jul 29, 2022

% of Market Value

Type Fund
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 Jul 29, 2022

% of Market Value

Type Fund
Allocations subject to change.
as of Jul 29, 2022

% of Market Value

Type Fund
as of Jul 29, 2022

% of Market Value

Type Fund
as of Jul 29, 2022

% of Market Value

Type Fund
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

Pricing & Exchange

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
D2 Hgd GBP Accumulating 11.47 -0.02 -0.17 12.13 11.30 - LU0278463947 - -
X2 Hgd SEK Accumulating 10.89 -0.01 -0.09 11.51 10.73 - LU1153584724 - -
I2 Hgd CHF Accumulating 11.29 -0.02 -0.18 12.05 11.14 - LU1270847004 - -
A5 Hgd SGD Quarterly 14.09 -0.02 -0.14 15.12 13.88 - LU0280468637 - -
A2 Hgd PLN Accumulating 16.32 -0.01 -0.06 16.93 15.99 - LU0480534915 - -
A2 USD Accumulating 14.93 -0.02 -0.13 15.80 14.70 - LU0278466700 - -
D2 Hgd PLN Accumulating 17.14 -0.01 -0.06 17.70 16.79 - LU0827879684 - -
D4 Hgd CAD Annual 9.63 -0.01 -0.10 10.35 9.48 - LU1270847186 - -
I2 Hgd EUR Accumulating 10.84 -0.02 -0.18 11.56 10.70 - LU0368231436 - -
C2 USD Accumulating 12.31 -0.02 -0.16 13.18 12.14 - LU0278467773 - -
Class I3 Hedged CAD Monthly 9.36 -0.02 -0.21 10.05 9.24 - LU1234671672 - -
D4 EUR Annual 13.18 0.00 0.00 13.25 11.88 - LU1085283973 - -
A5 USD Quarterly 9.90 -0.02 -0.20 10.62 9.75 - LU0280465617 - -
I2 Hgd JPY Accumulating 1,094.00 -2.00 -0.18 1,162.00 1,080.00 - LU1005243172 - -
A2 Hgd JPY Accumulating 1,034.00 -1.00 -0.10 1,104.00 1,020.00 - LU1005243099 - -
Class I5 Hedged JPY Quarterly 912.00 -1.00 -0.11 986.00 899.00 - LU1791183194 - -
D5 Hgd CHF Quarterly 8.72 -0.01 -0.11 9.48 8.60 - LU1681056062 - -
D5 Hgd EUR Quarterly 6.45 -0.01 -0.15 7.01 6.36 - LU0827879841 - -
X2 Hgd CHF Accumulating 11.81 -0.02 -0.17 12.56 11.65 - LU1263143379 - -
Class AI2 Hedged EUR - 9.93 -0.01 -0.10 10.64 9.80 - LU1960221809 - -
X2 Hgd GBP Accumulating 11.59 -0.01 -0.09 12.18 11.41 - LU0278465058 - -
Class S5 USD Quarterly 9.97 -0.01 -0.10 10.69 9.81 - LU1992159068 - -
E2 Hgd EUR Accumulating 9.02 -0.01 -0.11 9.72 8.91 - LU0278456818 - -
Class AI2 EUR - 11.65 0.01 0.09 11.72 10.55 - LU1960221981 - -
D2 Hgd SGD Accumulating 22.34 -0.03 -0.13 23.56 21.99 - LU0827879767 - -
I5 JPY Quarterly 1,309.00 14.00 1.08 1,329.00 1,127.00 - LU1926936912 - -
A8 Hgd CNH Monthly 90.73 -0.12 -0.13 98.82 89.69 - LU1165523371 - -
A2 Hgd GBP Accumulating 10.45 -0.02 -0.19 11.10 10.30 - LU1181257202 - -
C1 USD Monthly 9.90 -0.01 -0.10 10.60 9.76 - LU1003077077 - -
J3 USD Monthly 9.91 -0.01 -0.10 10.61 9.77 - LU1003077150 - -
C1 EUR Monthly 9.73 0.00 0.00 9.80 8.91 - LU1005244493 - -
X2 USD Accumulating 12.33 -0.02 -0.16 12.92 12.13 - LU0278469985 - -
A6 USD Monthly 11.30 -0.02 -0.18 12.31 11.16 - LU1051767835 - -
A3 USD Monthly 9.89 -0.02 -0.20 10.60 9.76 - LU1003076939 - -
A1 USD Monthly 9.90 -0.01 -0.10 10.60 9.77 - LU1003076855 - -
E2 EUR Accumulating 13.54 0.00 0.00 13.62 12.32 - LU1005243685 - -
I2 USD Accumulating 12.51 -0.01 -0.08 13.17 12.31 - LU0986736956 - -
A3 EUR Monthly 9.73 0.01 0.10 9.80 8.91 - LU1005243339 - -
I2 Hgd AUD - 10.57 -0.02 -0.19 11.18 10.41 - LU1786038098 - -
D2 USD Accumulating 15.66 -0.02 -0.13 16.50 15.41 - LU0278469043 - -
A5 Hgd EUR Quarterly 6.43 -0.01 -0.16 6.99 6.35 - LU0280467159 - -
A2 Hgd EUR Accumulating 9.74 -0.01 -0.10 10.44 9.61 - LU0278453476 - -
E2 USD Accumulating 13.78 -0.01 -0.07 14.65 13.57 - LU0278469472 - -
D4 Hgd EUR Annual 8.89 -0.01 -0.11 9.67 8.77 - LU1340096590 - -
D5 USD Quarterly 10.41 -0.01 -0.10 11.16 10.25 - LU0737136415 - -
D2 Hgd EUR Accumulating 10.48 -0.01 -0.10 11.18 10.34 - LU0278456651 - -
C5 USD Quarterly 9.86 -0.01 -0.10 10.56 9.72 - LU0280466938 - -
A2 Hgd SGD Accumulating 21.28 -0.03 -0.14 22.54 20.96 - LU0278465488 - -
A1 EUR Monthly 9.73 0.00 0.00 9.80 8.92 - LU1005244220 - -
Class S2 Hedged EUR - 10.12 -0.01 -0.10 10.79 9.98 - LU1992159654 - -
X3 Hgd EUR Monthly 8.64 -0.01 -0.12 9.38 8.54 - LU1003077317 - -
D2 EUR Accumulating 15.39 0.00 0.00 15.48 13.87 - LU1005243503 - -
Class S2 Hedged CHF - 10.04 -0.02 -0.20 10.73 9.91 - LU1992159902 - -
X3 USD Monthly 9.91 -0.01 -0.10 10.61 9.77 - LU1003077234 - -
A6 Hgd HKD Monthly 84.73 -0.12 -0.14 92.69 83.76 - LU1051769021 - -
D2 Hgd CHF Accumulating 10.55 -0.01 -0.09 11.27 10.41 - LU0972027022 - -
X2 Hgd AUD Accumulating 12.62 -0.02 -0.16 13.29 12.43 - LU1093512371 - -
Class I5 GBP Hedged GBP Quarterly 9.60 -0.02 -0.21 10.33 9.46 - LU1877503935 - -
I5 USD Quarterly 9.69 -0.01 -0.10 10.39 9.54 - LU1083819141 - -
Class S4 Hedged EUR Annual 9.58 -0.01 -0.10 10.43 9.45 - LU1992161049 - -
Class I5 Hedged EUR Quarterly 8.54 -0.02 -0.23 9.28 8.43 - LU1129992308 - -
A8 Hgd AUD Monthly 8.58 -0.02 -0.23 9.37 8.48 - LU1165522480 - -
A2 Hgd CHF Accumulating 9.69 -0.01 -0.10 10.40 9.56 - LU1121327164 - -
D4 Hgd GBP Annual 4.58 -0.01 -0.22 4.94 4.51 - LU1294567364 - -
A2 Hgd SEK Accumulating 100.07 -0.12 -0.12 106.92 98.71 - LU1121320748 - -
A4 USD Annual 9.86 -0.01 -0.10 10.59 9.71 - LU1153584997 - -
Class X5 Hedged GBP Quarterly 9.08 -0.02 -0.22 9.78 8.94 - LU1165522217 - -
I2 Hgd GBP Accumulating 11.62 -0.02 -0.17 12.27 11.45 - LU0999670564 - -
X2 Hgd CAD Accumulating 11.76 -0.01 -0.08 12.34 11.57 - LU1214678283 - -
X3 Hgd AUD Monthly 10.14 -0.01 -0.10 10.92 10.01 - LU1003077820 - -
I2 Hgd CAD Accumulating 11.55 -0.01 -0.09 12.17 11.37 - LU1136394076 - -
Class X5 Hedged EUR Quarterly 8.83 -0.02 -0.23 9.60 8.71 - LU1685502194 - -
X2 Hgd EUR Accumulating 11.58 -0.02 -0.17 12.29 11.42 - LU0278456909 - -
Class S2 USD - 10.67 -0.01 -0.09 11.23 10.50 - LU1992160157 - -
A4 Hgd EUR Annual 8.86 -0.01 -0.11 9.63 8.74 - LU0973708182 - -
C2 EUR Accumulating 12.10 0.00 0.00 12.18 11.09 - LU1005243412 - -
A2 EUR Accumulating 14.67 0.00 0.00 14.76 13.29 - LU1005243255 - -

Listings

Portfolio Managers

Portfolio Managers

Rick Rieder
Chief Investment Officer, Global Fixed Income

Rick Rieder, Managing Director, is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Global Allocation Investment Team in the Multi-Asset Strategies Group, a member of BlackRock's Global Operating Committee and Chairman of the firm-wide BlackRock Investment Council.

Aidan Doyle
Aidan Doyle
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.

Literature

Literature