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

-0.47 1.98 0.74 6.05 -6.66
  1Y 3Y 5Y 10y Incept.
-6.66 -0.09 0.24 - 0.91
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-6.25 -2.26 -3.23 -6.66 -0.28 1.22 - 8.00
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 6, 2022 USD 9,061.112
12m Trailing Yield -
Number of Holdings as of May 31, 2022 3119
Base Currency U.S. Dollar
Fund Inception Date Jan 31, 2007
Share Class Inception Date Jan 8, 2014
Asset Class Fixed Income
Morningstar Category Other Bond
SFDR Classification Other
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 0.56%
ISIN LU1005243172
Bloomberg Ticker BGFII2J
Annual Management Fee 0.50%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BH7T569
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment JPY 10000000
Minimum Subsequent Investment JPY 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of May 31, 2022 2.86%
Modified Duration as of May 31, 2022 1.87 yrs
Effective Duration as of May 31, 2022 1.35 yrs
Weighted Avg Maturity as of May 31, 2022 5.48 yrs
WAL to Worst as of May 31, 2022 5.48 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 Analyst Rating

Morningstar Analyst Rating - Gold
Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective Apr 22, 2020)

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of May 31, 2022
Name Weight (%)
TREASURY NOTE 1.25 11/30/2026 10.27
FNMA 30YR 2019 PRODUCTION 2.66
TREASURY BOND 2.875 05/15/2052 2.41
FHLMC 30YR UMBS 1.94
FNMA 30YR 2018 PRODUCTION 1.72
Name Weight (%)
TREASURY (CPI) NOTE 0.125 04/15/2027 1.72
TREASURY (CPI) NOTE 0.5 04/15/2024 1.17
TREASURY (CPI) NOTE 0.125 04/15/2026 0.89
FHLMC 30YR UMBS SUPER 0.84
FNMA 30YR 3% MLB 110K 2021 0.46
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of May 31, 2022

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the country where the issuer of the securities carries out much of their business.
as of May 31, 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 May 31, 2022

% of Market Value

Type Fund
Allocations subject to change.
as of May 31, 2022

% of Market Value

Type Fund
as of May 31, 2022

% of Market Value

Type Fund
as of May 31, 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
I2 Hgd JPY Accumulating 1,080.00 -1.00 -0.09 1,162.00 1,080.00 - LU1005243172 - -
A2 USD Accumulating 14.71 -0.01 -0.07 15.80 14.70 - LU0278466700 - -
A2 Hgd PLN Accumulating 16.01 -0.01 -0.06 16.93 15.99 - LU0480534915 - -
C5 USD Quarterly 9.72 -0.01 -0.10 10.56 9.72 - LU0280466938 - -
Class I3 Hedged CAD Monthly 9.24 -0.01 -0.11 10.05 9.24 - LU1234671672 - -
D2 Hgd EUR Accumulating 10.34 -0.01 -0.10 11.18 10.34 - LU0278456651 - -
D4 Hgd EUR Annual 8.78 0.00 0.00 9.67 8.77 - LU1340096590 - -
X2 Hgd SEK Accumulating 10.74 0.00 0.00 11.51 10.73 - LU1153584724 - -
D5 Hgd EUR Quarterly 6.37 0.00 0.00 7.01 6.36 - LU0827879841 - -
D5 USD Quarterly 10.25 -0.01 -0.10 11.16 10.25 - LU0737136415 - -
D5 Hgd CHF Quarterly 8.61 0.00 0.00 9.48 8.60 - LU1681056062 - -
X2 Hgd CHF Accumulating 11.66 -0.01 -0.09 12.56 11.65 - LU1263143379 - -
C2 USD Accumulating 12.15 0.00 0.00 13.18 12.14 - LU0278467773 - -
A5 Hgd EUR Quarterly 6.35 -0.01 -0.16 6.99 6.35 - LU0280467159 - -
A6 USD Monthly 11.16 -0.01 -0.09 12.32 11.16 - LU1051767835 - -
Class AI2 Hedged EUR - 9.80 -0.01 -0.10 10.64 9.80 - LU1960221809 - -
I2 Hgd EUR Accumulating 10.71 0.00 0.00 11.56 10.70 - LU0368231436 - -
A8 Hgd CNH Monthly 89.76 -0.04 -0.04 98.82 89.69 - LU1165523371 - -
D2 Hgd GBP Accumulating 11.31 -0.01 -0.09 12.13 11.30 - LU0278463947 - -
D2 Hgd SGD Accumulating 22.01 -0.01 -0.05 23.56 21.99 - LU0827879767 - -
X2 Hgd GBP Accumulating 11.42 0.00 0.00 12.18 11.41 - LU0278465058 - -
A2 Hgd EUR Accumulating 9.62 0.00 0.00 10.44 9.61 - LU0278453476 - -
Class S5 USD Quarterly 9.82 -0.01 -0.10 10.69 9.81 - LU1992159068 - -
X3 Hgd EUR Monthly 8.55 0.00 0.00 9.38 8.54 - LU1003077317 - -
I5 JPY Quarterly 1,294.00 -3.00 -0.23 1,312.00 1,125.00 - LU1926936912 - -
J3 USD Monthly 9.78 0.00 0.00 10.61 9.77 - LU1003077150 - -
A1 EUR Monthly 9.60 0.07 0.73 9.60 8.90 - LU1005244220 - -
I2 Hgd CHF Accumulating 11.15 -0.01 -0.09 12.05 11.14 - LU1270847004 - -
A3 USD Monthly 9.77 0.00 0.00 10.60 9.76 - LU1003076939 - -
E2 EUR Accumulating 13.35 0.11 0.83 13.35 12.29 - LU1005243685 - -
C1 USD Monthly 9.77 0.00 0.00 10.60 9.76 - LU1003077077 - -
A3 EUR Monthly 9.60 0.08 0.84 9.60 8.89 - LU1005243339 - -
C1 EUR Monthly 9.60 0.08 0.84 9.60 8.90 - LU1005244493 - -
I2 USD Accumulating 12.32 -0.01 -0.08 13.17 12.31 - LU0986736956 - -
D4 EUR Annual 12.98 0.10 0.78 12.98 11.88 - LU1085283973 - -
X2 USD Accumulating 12.14 -0.01 -0.08 12.92 12.13 - LU0278469985 - -
Class I5 Hedged JPY Quarterly 900.00 0.00 0.00 986.00 899.00 - LU1791183194 - -
Class S2 Hedged EUR - 9.99 0.00 0.00 10.79 9.98 - LU1992159654 - -
A1 USD Monthly 9.77 -0.01 -0.10 10.60 9.77 - LU1003076855 - -
A2 Hgd GBP Accumulating 10.31 -0.01 -0.10 11.10 10.30 - LU1181257202 - -
D2 USD Accumulating 15.42 -0.01 -0.06 16.50 15.41 - LU0278469043 - -
D4 Hgd CAD Annual 9.48 -0.01 -0.11 10.35 9.48 - LU1270847186 - -
Class AI2 EUR - 11.48 0.09 0.79 11.48 10.52 - LU1960221981 - -
A5 USD Quarterly 9.76 -0.01 -0.10 10.62 9.75 - LU0280465617 - -
A2 Hgd SGD Accumulating 20.97 -0.01 -0.05 22.54 20.96 - LU0278465488 - -
I2 Hgd AUD - 10.42 -0.01 -0.10 11.18 10.41 - LU1786038098 - -
D2 Hgd PLN Accumulating 16.81 0.00 0.00 17.70 16.79 - LU0827879684 - -
E2 USD Accumulating 13.58 -0.01 -0.07 14.65 13.57 - LU0278469472 - -
A2 Hgd JPY Accumulating 1,021.00 0.00 0.00 1,104.00 1,020.00 - LU1005243099 - -
A5 Hgd SGD Quarterly 13.89 -0.01 -0.07 15.12 13.88 - LU0280468637 - -
E2 Hgd EUR Accumulating 8.91 -0.01 -0.11 9.72 8.91 - LU0278456818 - -
D4 Hgd GBP Annual 4.52 0.00 0.00 4.94 4.51 - LU1294567364 - -
A2 EUR Accumulating 14.46 0.12 0.84 14.46 13.25 - LU1005243255 - -
I2 Hgd GBP Accumulating 11.46 0.00 0.00 12.27 11.45 - LU0999670564 - -
A6 Hgd HKD Monthly 83.81 -0.04 -0.05 92.80 83.76 - LU1051769021 - -
Class I5 GBP Hedged GBP Quarterly 9.47 0.00 0.00 10.33 9.46 - LU1877503935 - -
X2 Hgd AUD Accumulating 12.43 -0.01 -0.08 13.29 12.43 - LU1093512371 - -
D2 EUR Accumulating 15.16 0.12 0.80 15.16 13.83 - LU1005243503 - -
X2 Hgd EUR Accumulating 11.43 0.00 0.00 12.29 11.42 - LU0278456909 - -
A2 Hgd CHF Accumulating 9.57 0.00 0.00 10.40 9.56 - LU1121327164 - -
A4 USD Annual 9.72 0.00 0.00 10.59 9.71 - LU1153584997 - -
I2 Hgd CAD Accumulating 11.37 -0.01 -0.09 12.17 11.37 - LU1136394076 - -
A8 Hgd AUD Monthly 8.48 -0.01 -0.12 9.38 8.48 - LU1165522480 - -
A4 Hgd EUR Annual 8.74 -0.01 -0.11 9.63 8.74 - LU0973708182 - -
Class X5 Hedged GBP Quarterly 8.95 -0.01 -0.11 9.78 8.94 - LU1165522217 - -
Class I5 Hedged EUR Quarterly 8.43 -0.01 -0.12 9.28 8.43 - LU1129992308 - -
Class S2 USD - 10.51 0.00 0.00 11.23 10.50 - LU1992160157 - -
Class X5 Hedged EUR Quarterly 8.72 0.00 0.00 9.60 8.71 - LU1685502194 - -
X2 Hgd CAD Accumulating 11.58 0.00 0.00 12.34 11.57 - LU1214678283 - -
X3 Hgd AUD Monthly 10.01 -0.01 -0.10 10.92 10.01 - LU1003077820 - -
Class S4 Hedged EUR Annual 9.46 0.00 0.00 10.43 9.45 - LU1992161049 - -
I5 USD Quarterly 9.55 0.00 0.00 10.39 9.54 - LU1083819141 - -
A2 Hgd SEK Accumulating 98.77 -0.05 -0.05 106.92 98.71 - LU1121320748 - -
D2 Hgd CHF Accumulating 10.42 0.00 0.00 11.27 10.41 - LU0972027022 - -
X3 USD Monthly 9.78 0.00 0.00 10.61 9.77 - LU1003077234 - -
Class S2 Hedged CHF - 9.92 0.00 0.00 10.73 9.91 - LU1992159902 - -
C2 EUR Accumulating 11.94 0.10 0.84 11.94 11.07 - LU1005243412 - -

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