Fixed Income

BGF Fixed Income Global Opportunities 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

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
View full table
  From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
From
30-Sep-2019
To
30-Sep-2020
Total Return (%)

as of Sep 30, 2020

1.83 4.26 -0.22 5.10 4.04
  1Y 3Y 5Y 10y Incept.
4.04 2.95 2.98 3.13 3.12
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
2.70 -0.07 2.36 4.04 9.11 15.84 36.05 52.10
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 Oct 21, 2020 USD 9,965.502
12m Trailing Yield -
Number of Holdings as of Sep 30, 2020 3062
Base Currency U.S. Dollar
Fund Inception Date Jan 31, 2007
Share Class Inception Date Jan 31, 2007
Asset Class Fixed Income
Morningstar Category Global Flexible Bond - USD Hedged
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.22%
ISIN LU0278466700
Bloomberg Ticker MLFIUA2
Annual Management Fee 1.00%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B1PF5Q7
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 Sep 30, 2020 2.72%
Modified Duration as of Sep 30, 2020 4.47 yrs
Effective Duration as of Sep 30, 2020 3.39 yrs
Weighted Avg Maturity as of Sep 30, 2020 6.24 yrs
WAL to Worst as of Sep 30, 2020 6.24 yrs

Ratings

Ratings

Morningstar Rating

3
Overall Morningstar Rating for BGF Fixed Income Global Opportunities Fund, Class A2, as of Sep 30, 2020 rated against 307 Global Flexible Bond - USD Hedged Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Silver
Morningstar has awarded the Fund a Silver medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Apr 22, 2020)

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 Sep 30, 2020
Name Weight (%)
TREASURY (CPI) NOTE 0.5 04/15/2024 3.14
FNMA 30YR 2018 PRODUCTION 3.02
WI TREASURY (CPI) NOTE 0.125 04/15/2025 2.08
TREASURY NOTE 1.5 08/31/2021 1.47
FNMA 30YR 2019 PRODUCTION 1.18
Name Weight (%)
FHLMC 30YR UMBS MIRROR 1.03
TREASURY NOTE 1.5 09/30/2021 0.98
CANADA (GOVERNMENT OF) 0.5 09/01/2025 0.77
ITALY (REPUBLIC OF) 2.45 09/01/2050 0.76
FNMA 30YR 4.5% LTV > 90 2018 0.73
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 2020

% 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 Sep 30, 2020

% of Market Value

Type Fund
Allocations subject to change.
as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 2020

% of Market Value

Type Fund
as of Sep 30, 2020

% 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 USD Accumulating 15.27 0.00 0.00 15.31 13.55 - LU0278466700 - -
I2 Hgd CHF Accumulating 11.69 -0.01 -0.09 11.72 10.44 - LU1270847004 - -
C5 USD Quarterly 10.33 -0.01 -0.10 10.37 9.25 - LU0280466938 - -
D2 Hgd EUR Accumulating 10.84 -0.01 -0.09 10.87 9.68 - LU0278456651 - -
A5 USD Quarterly 10.37 -0.01 -0.10 10.42 9.27 - LU0280465617 - -
X2 Hgd SEK Accumulating 11.07 0.00 0.00 11.09 9.81 - LU1153584724 - -
E2 Hgd EUR Accumulating 9.50 -0.01 -0.11 9.53 8.54 - LU0278456818 - -
A5 Hgd EUR Quarterly 6.88 0.00 0.00 6.95 6.20 - LU0280467159 - -
A2 Hgd EUR Accumulating 10.17 0.00 0.00 10.20 9.11 - LU0278453476 - -
E2 USD Accumulating 14.22 0.00 0.00 14.25 12.66 - LU0278469472 - -
A5 Hgd SGD Quarterly 14.77 -0.01 -0.07 14.85 13.24 - LU0280468637 - -
A2 Hgd SGD Accumulating 21.78 -0.01 -0.05 21.84 19.39 - LU0278465488 - -
C2 USD Accumulating 12.88 0.00 0.00 12.91 11.51 - LU0278467773 - -
A2 Hgd PLN Accumulating 16.41 0.00 0.00 16.45 14.63 - LU0480534915 - -
D2 Hgd PLN Accumulating 17.08 0.00 0.00 17.12 15.18 - LU0827879684 - -
Class I3 Hedged CAD Monthly 9.86 0.00 0.00 9.88 8.86 - LU1234671672 - -
Class I5 Hedged JPY Quarterly 967.00 0.00 0.00 974.00 870.00 - LU1791183194 - -
I2 Hgd EUR Accumulating 11.19 -0.01 -0.09 11.22 9.98 - LU0368231436 - -
D5 USD Quarterly 10.90 0.00 0.00 10.96 9.74 - LU0737136415 - -
D4 Hgd EUR Annual 9.39 0.00 0.00 9.62 8.58 - LU1340096590 - -
D4 Hgd CAD Annual 9.99 0.00 0.00 10.21 9.08 - LU1270847186 - -
I2 Hgd JPY Accumulating 1,121.00 0.00 0.00 1,123.00 998.00 - LU1005243172 - -
I2 Hgd AUD - 10.77 0.00 0.00 10.79 9.57 - LU1786038098 - -
D2 USD Accumulating 15.87 -0.01 -0.06 15.91 14.05 - LU0278469043 - -
A2 Hgd JPY Accumulating 1,071.00 0.00 0.00 1,074.00 957.00 - LU1005243099 - -
D5 Hgd EUR Quarterly 6.89 -0.01 -0.14 6.96 6.21 - LU0827879841 - -
A6 USD Monthly 12.21 0.00 0.00 12.33 11.09 - LU1051767835 - -
X2 Hgd CHF Accumulating 12.14 0.00 0.00 12.17 10.80 - LU1263143379 - -
Class AI2 EUR - 10.22 -0.04 -0.39 11.06 9.95 - LU1960221981 - -
D4 EUR Annual 11.69 -0.05 -0.43 12.90 11.57 - LU1085283973 - -
D2 Hgd GBP Accumulating 11.70 0.00 0.00 11.73 10.41 - LU0278463947 - -
D2 Hgd SGD Accumulating 22.67 0.00 0.00 22.72 20.12 - LU0827879767 - -
A2 Hgd GBP Accumulating 10.75 -0.01 -0.09 10.78 9.60 - LU1181257202 - -
Class AI2 Hedged EUR - 10.37 0.00 -0.04 10.39 9.28 - LU1960221809 - -
D5 Hgd CHF Quarterly 9.35 0.00 0.00 9.45 8.44 - LU1681056062 - -
Class S2 Hedged EUR - 10.45 0.00 -0.04 10.48 9.33 - LU1992159654 - -
A8 Hgd CNH Monthly 97.16 -0.01 -0.01 97.44 87.61 - LU1165523371 - -
X2 Hgd GBP Accumulating 11.68 0.00 0.00 11.70 10.36 - LU0278465058 - -
I5 JPY Quarterly 1,060.00 -12.00 -1.12 1,134.00 997.00 - LU1926936912 - -
Class S5 USD - 10.44 0.00 -0.03 10.50 9.33 - LU1992159068 - -
X3 Hgd EUR Monthly 9.26 0.00 0.00 9.33 8.36 - LU1003077317 - -
J3 USD Monthly 10.39 -0.01 -0.10 10.42 9.31 - LU1003077150 - -
A1 EUR Daily 8.75 -0.03 -0.34 9.56 8.59 - LU1005244220 - -
A3 USD Monthly 10.38 0.00 0.00 10.40 9.29 - LU1003076939 - -
I2 USD Accumulating 12.64 -0.01 -0.08 12.68 11.18 - LU0986736956 - -
C1 EUR Daily 8.75 -0.03 -0.34 9.56 8.59 - LU1005244493 - -
E2 EUR Accumulating 11.99 -0.04 -0.33 13.01 11.70 - LU1005243685 - -
X2 USD Accumulating 12.35 -0.01 -0.08 12.38 10.90 - LU0278469985 - -
A1 USD Daily 10.38 0.00 0.00 10.41 9.29 - LU1003076855 - -
C1 USD Daily 10.38 0.00 0.00 10.41 9.29 - LU1003077077 - -
A3 EUR Monthly 8.75 -0.03 -0.34 9.56 8.59 - LU1005243339 - -
D2 Hgd CHF Accumulating 10.95 -0.01 -0.09 10.98 9.79 - LU0972027022 - -
I5 USD Quarterly 10.14 -0.01 -0.10 10.20 9.06 - LU1083819141 - -
Class I5 GBP Hedged GBP - 10.11 0.00 0.00 10.18 9.09 - LU1877503935 - -
D2 EUR Accumulating 13.38 -0.05 -0.37 14.43 12.99 - LU1005243503 - -
I2 Hgd GBP Accumulating 11.81 -0.01 -0.08 11.84 10.51 - LU0999670564 - -
A2 Hgd SEK Accumulating 103.93 -0.04 -0.04 104.21 92.76 - LU1121320748 - -
C2 EUR Accumulating 10.86 -0.04 -0.37 11.85 10.64 - LU1005243412 - -
X2 Hgd AUD Accumulating 12.74 0.00 0.00 12.77 11.28 - LU1093512371 - -
Class I5 Hedged EUR Quarterly 9.14 0.00 0.00 9.23 8.23 - LU1129992308 - -
A6 Hgd HKD Monthly 92.08 -0.03 -0.03 93.00 83.53 - LU1051769021 - -
Class S4 Hedged EUR - 10.11 0.00 -0.04 10.36 9.24 - LU1992161049 - -
Class X5 Hedged EUR Quarterly 9.44 -0.01 -0.11 9.55 8.51 - LU1685502194 - -
A4 Hgd EUR Annual 9.39 0.00 0.00 9.58 8.56 - LU0973708182 - -
A2 Hgd CHF Accumulating 10.15 0.00 0.00 10.18 9.10 - LU1121327164 - -
Class S2 USD - 10.79 0.00 -0.03 10.82 9.55 - LU1992160157 - -
X2 Hgd EUR Accumulating 11.85 0.00 0.00 11.88 10.54 - LU0278456909 - -
D4 Hgd GBP Annual 4.77 0.00 0.00 4.88 4.34 - LU1294567364 - -
X3 USD Monthly 10.39 0.00 0.00 10.42 9.31 - LU1003077234 - -
A2 EUR Accumulating 12.87 -0.05 -0.39 13.93 12.53 - LU1005243255 - -
Class S2 Hedged CHF - 10.41 0.00 -0.04 10.44 9.30 - LU1992159902 - -
X2 Hgd CAD Accumulating 11.81 -0.01 -0.08 11.84 10.45 - LU1214678283 - -
A4 USD Annual 10.24 0.00 0.00 10.42 9.25 - LU1153584997 - -
X3 Hgd AUD Monthly 10.72 0.00 0.00 10.76 9.64 - LU1003077820 - -
Class X5 Hedged GBP Quarterly 9.56 -0.01 -0.10 9.64 8.59 - LU1165522217 - -
A8 Hgd AUD Monthly 9.28 -0.01 -0.11 9.40 8.42 - LU1165522480 - -
I2 Hgd CAD Accumulating 11.70 -0.01 -0.09 11.73 10.39 - LU1136394076 - -

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.

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.

Aidan Doyle (FI)
Aidan Doyle (FI)

Literature

Literature