Fixed Income

BGF Global High Yield 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

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.

Growth of Hypothetical 10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of Sep 21, 2020 USD 1,631.653
Base Currency U.S. Dollar
Fund Inception Date Dec 22, 1998
Share Class Inception Date May 20, 2011
Asset Class Fixed Income
Morningstar Category Global High Yield Bond
Benchmark Index ICE BofAML Global High Yield Index (HW00), 100% EUR Hedged
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0628613712
Bloomberg Ticker BGHYE2E
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL B45BFP5
Bloomberg Benchmark Ticker ML_GHYEUH
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 Aug 31, 2020 9.45
5y Volatility - Benchmark as of Aug 31, 2020 8.17
5y Beta as of Aug 31, 2020 0.734

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Aug 31, 2020
Name Weight (%)
ISHARES $ HIGH YIELD CRP BND ETF $ 1.29
PETROLEOS MEXICANOS 6.375 01/23/2045 1.02
ALLIED UNIVERSAL HOLDCO LLC 144A 6.625 07/15/2026 0.45
CSC HOLDINGS LLC 144A 4.625 12/01/2030 0.42
ALTICE FRANCE HOLDING SA 144A 10.5 05/15/2027 0.41
Name Weight (%)
PETROBRAS GLOBAL FINANCE BV 144A 5.093 01/15/2030 0.39
VERSCEND ESCROW CORP 144A 9.75 08/15/2026 0.39
ALTICE FINANCING SA 144A 7.5 05/15/2026 0.39
CONNECT FINCO SARL 144A 6.75 10/01/2026 0.38
PETROBRAS GLOBAL FINANCE BV 6.85 06/05/2115 0.35
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 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 EUR Accumulating 20.90 0.09 0.43 22.82 17.43 - LU0628613712 - -
D2 Hgd GBP Accumulating 20.14 -0.04 -0.20 20.46 15.48 - LU0372548783 - -
A2 Hgd EUR Accumulating 17.31 -0.04 -0.23 17.63 13.37 - LU0093504206 - -
A6 Hgd SGD Monthly 9.58 -0.02 -0.21 10.07 7.59 - LU1830001522 - -
A5 EUR Quarterly 10.54 -0.06 -0.57 11.85 8.95 - LU1125545993 - -
E2 Hgd EUR Accumulating 15.57 -0.04 -0.26 15.89 12.05 - LU0093505864 - -
D2 USD Accumulating 29.32 -0.07 -0.24 29.53 22.31 - LU0297941899 - -
D3 USD Monthly 8.12 -0.02 -0.25 8.32 6.33 - LU0827882126 - -
D2 Hgd EUR Accumulating 18.51 -0.05 -0.27 18.77 14.24 - LU0368267034 - -
C2 USD Accumulating 23.26 -0.05 -0.21 23.44 17.86 - LU0331284447 - -
A1 EUR Daily 5.10 -0.01 -0.20 5.32 4.02 - LU0118259661 - -
A1 USD Daily 8.02 -0.02 -0.25 8.21 6.24 - LU0171284770 - -
C2 Hgd EUR Accumulating 13.53 -0.04 -0.29 13.88 10.51 - LU0147394596 - -
C1 Hgd EUR Daily 5.22 -0.01 -0.19 5.44 4.11 - LU0147394323 - -
D3 Hgd EUR Monthly 5.08 -0.01 -0.20 5.30 4.01 - LU0827882472 - -
D5 Hgd GBP Quarterly 8.84 -0.12 -1.34 9.33 6.96 - LU1072327023 - -
I3 USD Monthly 10.51 -0.02 -0.19 10.77 8.19 - LU0764819032 - -
A8 Hgd CNH Monthly 104.05 -0.25 -0.24 107.45 81.45 - LU1919856135 - -
Class E5 Hedged EUR Quarterly 10.00 -0.11 -1.09 10.51 7.88 - LU0500207039 - -
X2 Hgd EUR Accumulating 21.19 -0.05 -0.24 21.40 16.25 - LU0147394752 - -
E2 USD Accumulating 24.56 -0.07 -0.28 24.75 18.80 - LU0171285157 - -
I2 USD Accumulating 29.57 -0.07 -0.24 29.78 22.48 - LU0369584726 - -
A6 Hgd HKD Monthly 51.63 -0.12 -0.23 53.62 40.67 - LU0784402520 - -
A2 Hgd SEK Accumulating 13.73 -0.03 -0.22 13.95 10.56 - LU0797429023 - -
A2 USD Accumulating 27.32 -0.07 -0.26 27.52 20.86 - LU0171284937 - -
Class AI2 Hedged EUR - 10.40 -0.03 -0.29 10.59 8.03 - LU1960223250 - -
A6 USD Monthly 6.85 -0.02 -0.29 7.11 5.40 - LU0764618640 - -
A8 Hgd AUD Monthly 6.57 -0.01 -0.15 6.92 5.19 - LU0871640040 - -
A2 Hgd PLN Accumulating 14.77 -0.04 -0.27 15.03 11.38 - LU0849758007 - -
A8 Hgd ZAR Monthly 88.86 -0.22 -0.25 93.35 70.34 - LU1023055319 - -
Class AI5 Hedged EUR - 10.37 -0.03 -0.29 10.56 8.01 - LU1960223334 - -
A3 Hgd EUR Monthly 5.05 -0.02 -0.39 5.27 3.98 - LU0172401704 - -
I2 Hgd CAD Accumulating 13.06 -0.03 -0.23 13.17 10.00 - LU1153585705 - -
I2 Hgd EUR - 10.73 -0.02 -0.19 10.87 8.25 - LU1791806000 - -
A2 Hgd GBP Accumulating 18.96 -0.04 -0.21 19.34 14.63 - LU0567554463 - -
X4 Hgd EUR Annual 8.70 -0.02 -0.23 9.28 7.05 - LU0984200880 - -
X2 USD Accumulating 11.67 -0.02 -0.17 11.75 8.85 - LU0580566189 - -
A3 USD Monthly 8.07 -0.02 -0.25 8.27 6.29 - LU0172401969 - -
C1 USD Daily 8.21 -0.03 -0.36 8.42 6.40 - LU0331284363 - -

Portfolio Managers

Portfolio Managers

Jimmy Keenan
Managing Director, Chief Investment Officer and Global Co-Head of Credit

Jimmy E. Keenan, CFA, Managing Director, is Chief Investment Officer and Global Co-Head of Credit within BlackRock Alternative Investors (BAI).

Jose Aguilar
Jose Aguilar
David Delbos
Co-Head of US High Yield, Global Credit

David Delbos

Mitchell S. Garfin, CFA
Managing Director, Co-Head of Leveraged Finance

Mitchell Garfin

James Turner
Managing Director, Head of European Leveraged Finance

James Turner

Literature

Literature