Fixed Income

BGF World 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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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of Jul 13, 2020 USD 1,303.904
Base Currency U.S. Dollar
Fund Inception Date Sep 4, 1985
Share Class Inception Date Apr 2, 2004
Asset Class Fixed Income
Morningstar Category Global Bond - USD Hedged
Benchmark Index BBG Barc Global Aggregate Index (USD Hedged)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0184696853
Bloomberg Ticker MERWBA3
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B43DJZ1
Bloomberg Benchmark Ticker LEGATRUH
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 Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Jun 30, 2020 2.85
5y Volatility - Benchmark as of Jun 30, 2020 2.75
5y Beta as of Jun 30, 2020 1.119

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF World Bond Fund, Class A3, as of Jun 30, 2020 rated against 285 Global Bond - USD Hedged Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Jan 9, 2020)

Risk Indicator

Risk Indicator

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Low Yield High Yield

Holdings

Holdings

as of Jun 30, 2020
Name Weight (%)
UMBS 30YR TBA(REG A) 5.97
TREASURY (CPI) NOTE 0.5 04/15/2024 1.62
GNMA2 30YR TBA(REG C) 1.14
INDIA (REPUBLIC OF) 7.26 01/14/2029 0.86
GNMA2 30YR 2016 PRODUCTION 0.73
Name Weight (%)
AUSTRALIA (COMMONWEALTH OF) 3 03/21/2047 0.65
SPAIN (KINGDOM OF) 2.7 10/31/2048 0.64
FNMA 30YR 2016 PRODUCTION 0.62
WI TREASURY (CPI) NOTE 0.125 04/15/2025 0.56
JAPAN (GOVERNMENT OF) 30YR #64 0.4 09/20/2049 0.55
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

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

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 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
A3 USD Monthly 60.80 -0.15 -0.25 61.66 55.48 - LU0184696853 - -
X2 Hgd DKK Accumulating 120.90 -0.30 -0.25 122.30 109.76 - LU0862984498 - -
A6 Hgd SGD Monthly 10.60 -0.03 -0.28 10.85 9.74 - LU1830001282 - -
E2 EUR Accumulating 68.63 -0.48 -0.69 71.21 65.63 - LU0277197678 - -
D2 Hgd CHF Accumulating 10.73 -0.02 -0.19 10.92 9.79 - LU0308772333 - -
A2 USD Accumulating 84.46 -0.22 -0.26 85.31 76.76 - LU0184696937 - -
I2 USD Accumulating 11.54 -0.03 -0.26 11.64 10.47 - LU1087925589 - -
X2 Hgd NZD Accumulating 12.61 -0.03 -0.24 12.78 11.46 - LU1288049783 - -
C1 USD Daily 61.32 -0.16 -0.26 62.20 55.94 - LU0184697588 - -
E2 USD Accumulating 77.94 -0.19 -0.24 78.85 70.94 - LU0184697075 - -
D2 USD Accumulating 89.03 -0.22 -0.25 89.80 80.82 - LU0297941972 - -
A2 Hgd EUR Accumulating 197.69 -0.49 -0.25 201.35 180.57 - LU0330917880 - -
X2 Hgd GBP Accumulating 13.38 -0.03 -0.22 13.59 12.17 - LU0757589873 - -
A2 Hgd GBP Accumulating 12.32 -0.03 -0.24 12.56 11.24 - LU0808759830 - -
X2 Hgd CHF Accumulating 15.15 -0.04 -0.26 15.38 13.81 - LU0372548510 - -
D3 USD Monthly 60.88 -0.15 -0.25 61.73 55.56 - LU0827888321 - -
X2 USD Accumulating 95.68 -0.23 -0.24 96.30 86.70 - LU0184697158 - -
X2 Hgd NOK Accumulating 14.41 -0.03 -0.21 14.64 13.11 - LU0739658705 - -
A1 USD Daily 60.93 -0.16 -0.26 61.78 55.56 - LU0012053665 - -
D2 Hgd GBP Accumulating 12.39 -0.03 -0.24 12.61 11.29 - LU0871639547 - -
A8 Hgd CNH Monthly 107.11 -0.28 -0.26 108.97 98.01 - LU1529944784 - -
X2 Hgd EUR Accumulating 215.22 -0.51 -0.24 218.43 195.98 - LU0692855462 - -
D2 Hgd EUR Accumulating 203.68 -0.50 -0.24 207.18 185.84 - LU0827888594 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Managing Director, Chief Investment Officer of Global Fixed Income and Head of the Global Allocation Investment Team in the Multi-Asset Strategies Group

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.

Russell Brownback
Russell Brownback
Aidan Doyle (FI)
Aidan Doyle (FI)
Trevor Slaven
Trevor Slaven

Literature

Literature