Fixed Income

BGF US Dollar Short Duration 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 1,654.736
Base Currency U.S. Dollar
Fund Inception Date Oct 31, 2002
Share Class Inception Date Oct 31, 2002
Asset Class Fixed Income
Morningstar Category USD Diversified Bond - Short Term
Benchmark Index ICE BofAML Government Corporate 1-3 Yr Index (B1A0)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0154237225
Bloomberg Ticker MLLDBDA
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL 7453027
Bloomberg Benchmark Ticker ML1-3GC
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

3y Volatility - Benchmark as of Aug 31, 2020 1.02
5y Volatility - Benchmark as of Aug 31, 2020 0.94
5y Beta as of Aug 31, 2020 0.892

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF US Dollar Short Duration Bond Fund, Class A2, as of Aug 31, 2020 rated against 239 USD Diversified Bond - Short Term Funds.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Aug 31, 2020
Name Weight (%)
TREASURY NOTE 1.125 06/30/2021 7.46
TREASURY NOTE 0.125 07/15/2023 4.94
ISHARES $ HIGH YIELD CRP BND ETF $ 4.36
ISHARES $ SHORT DURATION HI YLD CO 2.39
FNMA BENCHMARK NOTE 0.375 08/25/2025 2.09
Name Weight (%)
FHLMC REFERENCE NOTE 0.25 08/24/2023 1.40
TREASURY (CPI) NOTES 0.125 04/15/2022 1.37
FNMA 15YR 2018 PRODUCTION 1.00
FNMA 0.55 08/19/2025 0.98
FGOLD 30YR 4.5% MLB 110K 2018 0.93
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
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 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
A2 USD Accumulating 14.10 -0.02 -0.14 14.12 13.10 - LU0154237225 - -
Class AI2 USD - 10.48 -0.01 -0.10 10.49 9.73 - LU1960224225 - -
C1 USD Daily 8.63 -0.01 -0.12 8.65 8.08 - LU0155447161 - -
A3 USD Monthly 8.63 0.00 0.00 8.64 8.07 - LU0172419748 - -
D3 USD Monthly 9.90 -0.01 -0.10 9.91 9.27 - LU0592702228 - -
Class AI2 EUR - 8.92 0.05 0.56 9.56 8.75 - LU1960224142 - -
A1 USD Daily 8.63 -0.01 -0.12 8.64 8.07 - LU0155445546 - -
I2 USD Accumulating 11.05 -0.01 -0.09 11.06 10.24 - LU1479925726 - -
E2 USD Accumulating 12.80 -0.02 -0.16 12.82 11.92 - LU0154237738 - -
E2 EUR Accumulating 10.89 0.06 0.55 11.72 10.70 - LU0171298564 - -
Class I5 USD USD - 10.27 -0.05 -0.48 10.33 9.61 - LU1883300532 - -
X2 USD Accumulating 15.91 -0.02 -0.13 15.93 14.72 - LU0245444947 - -
A2 Hgd EUR Accumulating 10.06 -0.01 -0.10 10.08 9.40 - LU0839485744 - -
C2 USD Accumulating 11.28 -0.01 -0.09 11.30 10.54 - LU0331289081 - -
I2 Hgd EUR Accumulating 10.08 -0.01 -0.10 10.09 9.40 - LU1423762613 - -
A3 Hgd SGD Monthly 9.67 -0.01 -0.10 9.72 9.07 - LU1062843773 - -
D2 USD Accumulating 14.49 -0.02 -0.14 14.51 13.44 - LU0827887356 - -
A3 EUR Monthly 7.34 0.04 0.55 7.94 7.21 - LU0172420597 - -
D2 Hgd EUR Accumulating 10.03 -0.01 -0.10 10.04 9.36 - LU1423762027 - -

Portfolio Managers

Portfolio Managers

Scott MacLellan, CFA, CMT
Scott MacLellan, CFA, CMT
Thomas Musmanno, CFA
Managing Director, Head of US Short Duration and New York Core Portfolio Management

Thomas Musmanno, CFA, Managing Director, is Head of US Short Duration and New York Core Portfolio Management (CorePM) within BlackRock's Global Fixed Income group and a member of the Global Fixed Income Leadership team.

Literature

Literature