Fixed Income

BlackRock Global Absolute Return Bond 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-2016
To
30-Jun-2017
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
Total Return (%)

as of Jun 30, 2021

3.67 0.97 1.91 2.30 4.54
  1Y 3Y 5Y 10y Incept.
4.54 2.91 2.67 - 1.77
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
0.58 -0.44 -0.50 4.54 8.98 14.08 - 14.55
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 Jul 23, 2021 EUR 168.782
12m Trailing Yield -
Number of Holdings as of Jun 30, 2021 765
Base Currency Euro
Fund Inception Date May 25, 2012
Share Class Inception Date Oct 2, 2013
Asset Class Fixed Income
Morningstar Category Global Flexible Bond - USD Hedged
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.41%
ISIN LU0972010309
Bloomberg Ticker BRGAA2U
Annual Management Fee 1.00%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BDZDGW8
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 Jun 30, 2021 0.80%
Modified Duration as of Jun 30, 2021 -0.88 yrs
Effective Duration as of Jun 30, 2021 -1.24 yrs
Weighted Avg Maturity as of Jun 30, 2021 4.53 yrs
WAL to Worst as of Jun 30, 2021 4.53 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

Risk Indicator

Risk Indicator

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3
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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Jun 30, 2021
Name Weight (%)
GNMA2 30YR TBA(REG C) 4.91
ISHARES EURO ULTRASHORT BOND UCITS 2.46
ISH EUR CORP BND 1-5 ETF EUR DIST 2.28
CHINA DEVELOPMENT BANK 2.89 06/22/2025 0.96
RMS_29 B RegS 0.71
Name Weight (%)
HFHL_20-2 B RegS 0.67
OATH_2 A RegS 0.65
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.13 11/21/2029 0.63
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.85 06/04/2027 0.63
PORTUGAL (REPUBLIC OF) 0.3 10/17/2031 0.60
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jun 30, 2021

% of Market Value

Type Fund
as of Jun 30, 2021

% 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

Investor Class Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A2 Hgd USD Accumulating 114.02 -0.03 -0.03 115.19 110.72 - LU0972010309 - -
I2 Hgd SEK Accumulating 1,055.01 -0.30 -0.03 1,065.38 1,023.30 - LU1129992647 - -
D2 EUR Accumulating 109.31 -0.04 -0.04 110.48 106.50 - LU0802639707 - -
D2 Hgd CHF Accumulating 102.14 -0.03 -0.03 103.21 99.56 - LU1311313644 - -
A2 EUR Accumulating 104.58 -0.03 -0.03 105.86 102.43 - LU0783530669 - -
E2 EUR Accumulating 100.07 -0.03 -0.03 101.48 98.44 - LU0802640978 - -
A2 Hgd SEK Accumulating 1,024.03 -0.31 -0.03 1,035.60 1,000.15 - LU0884611699 - -
I2 Hgd GBP - 106.30 -0.03 -0.03 107.28 102.79 - LU1834329234 - -
X2 EUR Accumulating 117.15 -0.03 -0.03 118.26 113.35 - LU0783530743 - -
I2 EUR Accumulating 105.83 -0.03 -0.03 106.90 102.90 - LU1129992563 - -

Portfolio Managers

Portfolio Managers

Simon Blundell
Simon Blundell
Joseph Di Censo
Managing Director

  

Rekesh Varsani
Rekesh Varsani

Literature

Literature