Fixed Income

BGF Euro 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

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

6.54 -1.19 0.21 9.08 1.10
Benchmark (%)

as of Sep 30, 2020

6.45 -2.32 0.10 9.40 0.46
  1Y 3Y 5Y 10y Incept.
1.10 3.39 3.07 - 5.01
Benchmark (%)

as of Sep 30, 2020

0.46 3.23 2.73 - 4.42
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
3.16 1.16 1.75 1.10 10.52 16.34 - 56.60
Benchmark (%)

as of Sep 30, 2020

2.78 1.03 1.50 0.46 10.01 14.40 - 48.78
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 19, 2020 EUR 5,271.053
12m Trailing Yield -
Number of Holdings as of Sep 30, 2020 845
Base Currency Euro
Fund Inception Date Mar 31, 1994
Share Class Inception Date Jul 26, 2011
Asset Class Fixed Income
Morningstar Category EUR Diversified Bond
Benchmark Index BBG Barc Euro Aggregate 500+
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 0.46%
ISIN LU0368229703
Bloomberg Ticker BGEBEI2
Annual Management Fee 0.40%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B39TXD2
Bloomberg Benchmark Ticker LEHEUR500P
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 10000000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Sep 30, 2020 0.25%
Modified Duration as of Sep 30, 2020 7.96 yrs
Effective Duration as of Sep 30, 2020 7.85 yrs
Weighted Avg Maturity as of Sep 30, 2020 8.79 yrs
3y Volatility - Benchmark as of Sep 30, 2020 3.59
3y Beta as of Sep 30, 2020 1.110
5y Volatility - Benchmark as of Sep 30, 2020 3.42
5y Beta as of Sep 30, 2020 1.025
WAL to Worst as of Sep 30, 2020 8.79 yrs

Ratings

Ratings

Morningstar Rating

5
Overall Morningstar Rating for BGF Euro Bond Fund, Class I2, as of Sep 30, 2020 rated against 1155 EUR Diversified Bond Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Gold
Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective Jul 23, 2020)

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Sep 30, 2020
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 4.25 07/04/2039 1.71
FRANCE (REPUBLIC OF) 1.75 06/25/2039 1.36
ITALY (REPUBLIC OF) 1.45 11/15/2024 1.30
ITALY (REPUBLIC OF) 1.3 05/15/2028 1.07
ITALY (REPUBLIC OF) 1.85 07/01/2025 1.06
Name Weight (%)
ITALY (REPUBLIC OF) 0.05 04/15/2021 0.95
GERMANY (FEDERAL REPUBLIC OF) 4.75 07/04/2040 0.92
JAPAN (GOVERNMENT OF) 10YR #23 0.1 03/10/2028 0.91
SPAIN (KINGDOM OF) 2.75 10/31/2024 0.89
GERMANY (FEDERAL REPUBLIC OF) 0 08/15/2030 0.85
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

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

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 30, 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
I2 EUR Accumulating 15.79 -0.01 -0.06 15.80 14.51 - LU0368229703 - -
C2 USD Accumulating 27.96 0.09 0.32 28.05 23.82 - LU0331283399 - -
A2 Hgd PLN Accumulating 115.88 -0.11 -0.09 115.99 106.26 - LU1499592381 - -
A1 USD Monthly 24.96 0.09 0.36 24.99 21.11 - LU0171278889 - -
A1 EUR Monthly 21.19 -0.01 -0.05 21.20 19.52 - LU0118259232 - -
E2 USD Accumulating 33.13 0.12 0.36 33.19 28.10 - LU0171279937 - -
A4 GBP Annual 25.81 -0.10 -0.39 26.00 23.10 - LU0204069685 - -
D2 EUR Accumulating 32.88 -0.02 -0.06 32.90 30.23 - LU0297941469 - -
I4 Hgd GBP Annual 11.56 -0.01 -0.09 11.57 10.64 - LU1376384282 - -
D3 USD Monthly 25.02 0.09 0.36 25.04 21.15 - LU0827877639 - -
A3 USD Monthly 24.95 0.09 0.36 24.98 21.10 - LU0172748641 - -
A4 EUR Annual 28.39 -0.02 -0.07 28.41 26.16 - LU0430265933 - -
I4 Hgd USD - 11.48 -0.01 -0.09 11.49 10.53 - LU1808491812 - -
D4 Hgd GBP Annual 11.54 -0.01 -0.09 11.55 10.61 - LU1376384365 - -
Class AI2 EUR - 10.69 -0.01 -0.08 10.70 9.85 - LU1960220827 - -
D2 USD Accumulating 38.74 0.15 0.39 38.75 32.69 - LU0827877472 - -
Class I4 EUR - 10.82 -0.01 -0.09 10.83 9.98 - LU1808491655 - -
D4 GBP Annual 25.90 -0.11 -0.42 26.09 23.17 - LU0827877712 - -
A2 EUR Accumulating 31.34 -0.03 -0.10 31.37 28.88 - LU0050372472 - -
D3 EUR Monthly 21.24 -0.01 -0.05 21.25 19.56 - LU0827877555 - -
A2 USD Accumulating 36.93 0.13 0.35 36.97 31.23 - LU0171279184 - -
Class S4 EUR Annual 10.86 -0.01 -0.09 10.87 10.01 - LU1722863484 - -
E5 EUR Quarterly 26.24 -0.03 -0.11 26.27 24.25 - LU0500207468 - -
I2 Hgd JPY Accumulating 1,113.00 -1.00 -0.09 1,114.00 1,023.00 - LU1668661629 - -
X2 EUR Accumulating 35.42 -0.03 -0.08 35.45 32.46 - LU0298377911 - -
I2 Hgd USD Accumulating 12.67 -0.01 -0.08 12.68 11.58 - LU1376384100 - -
A3 EUR Monthly 21.18 -0.02 -0.09 21.20 19.51 - LU0172396516 - -
A2 Hgd JPY Accumulating 1,096.00 -1.00 -0.09 1,097.00 1,010.00 - LU1668663914 - -
I2 Hgd CHF Accumulating 11.26 0.00 0.00 11.26 10.37 - LU1180456292 - -
A2 CZK Accumulating 856.16 -0.96 -0.11 857.12 761.34 - LU1791174284 - -
E2 EUR Accumulating 28.12 -0.03 -0.11 28.15 25.99 - LU0090830810 - -
C2 EUR Accumulating 23.73 -0.03 -0.13 23.76 22.03 - LU0147393358 - -
A2 Hgd USD Accumulating 14.50 -0.01 -0.07 14.51 13.29 - LU0869650977 - -
D2 Hgd USD Accumulating 14.91 -0.01 -0.07 14.92 13.63 - LU0869640077 - -
D4 EUR Annual 12.58 -0.01 -0.08 12.59 11.59 - LU0938162699 - -
D2 Hgd CHF Accumulating 12.65 -0.01 -0.08 12.66 11.66 - LU1266592374 - -

Portfolio Managers

Portfolio Managers

Ronald van Loon
Ronald van Loon
Michael Krautzberger
Managing Director, Head of EMEA Fundamental Fixed Income

Michael Krautzberger, CFA, EFFAS, Managing Director. Michael is Head of the Fundamental Pan European Fixed Income team.

Literature

Literature