Fixed Income

BGF Euro Bond Fund

Overview

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Performance

Performance

  • Returns

  From
31-Mar-2014
To
31-Mar-2015
From
31-Mar-2015
To
31-Mar-2016
From
31-Mar-2016
To
31-Mar-2017
From
31-Mar-2017
To
31-Mar-2018
From
31-Mar-2018
To
31-Mar-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2019

-12.89 6.20 -6.44 18.24 -7.77
Benchmark (%) Index: BBG Barc Euro Aggregate 500+ in USD<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of Mar 31, 2019

-13.34 6.82 -6.69 17.71 -6.70
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
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Jun 25, 2019 EUR 5,366.060
Base Currency Euro
Fund Inception Date Mar 31, 1994
Share Class Inception Date Sep 1, 2003
Asset Class Fixed Income
Morningstar Category EUR Diversified Bond
Benchmark Index BBG Barc Euro Aggregate 500+ in USD
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0172748641
Bloomberg Ticker MLYEBUA
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B441Z56
Bloomberg Benchmark Ticker LEUR500USD
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment -
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of May 31, 2019 6.90
5y Volatility - Benchmark as of May 31, 2019 7.55
5y Beta as of May 31, 2019 0.972

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Euro Bond Fund, Class A3, as of May 31, 2019 rated against 1148 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 27, 2018)

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of May 31, 2019
Name Weight (%)
GERMANY (FEDERAL REPUBLIC OF) 0 03/12/2021 2.53
FRANCE (REPUBLIC OF) 1.5 05/25/2050 2.01
FRANCE (REPUBLIC OF) 2 05/25/2048 1.53
ITALY (REPUBLIC OF) 1.3 05/15/2028 1.46
FRANCE (REPUBLIC OF) 1.75 06/25/2039 1.22
Name Weight (%)
ITALY (REPUBLIC OF) 0.7 05/01/2020 1.20
SPAIN (KINGDOM OF) 4.4 10/31/2023 0.96
ITALY (REPUBLIC OF) 0.05 04/15/2021 0.91
JAPAN (GOVERNMENT OF) 10YR #23 0.1 03/10/2028 0.89
UK CONV GILT 5 03/07/2025 0.80
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% 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 23.16 0.03 0.13 23.16 21.65 - LU0172748641 - -
Class I4 EUR - 10.42 0.01 0.10 10.43 9.77 - LU1808491655 - -
I4 Hgd GBP Annual 11.04 0.01 0.09 11.05 10.26 - LU1376384282 - -
D3 EUR Monthly 20.36 0.01 0.05 20.38 19.17 - LU0827877555 - -
D4 Hgd GBP Annual 11.01 0.01 0.09 11.02 10.25 - LU1376384365 - -
A4 EUR Annual 27.28 0.02 0.07 27.31 25.66 - LU0430265933 - -
A4 GBP Annual 24.51 0.02 0.08 24.51 22.46 - LU0204069685 - -
E2 USD Accumulating 30.96 0.05 0.16 30.96 28.98 - LU0171279937 - -
E5 EUR Quarterly 25.36 0.02 0.08 25.38 23.92 - LU0500207468 - -
A2 Hgd PLN Accumulating 109.27 0.08 0.07 109.35 101.64 - LU1499592381 - -
I4 Hgd USD - 10.78 0.01 0.09 10.79 9.89 - LU1808491812 - -
D4 GBP Annual 24.62 0.01 0.04 24.62 22.54 - LU0827877712 - -
A1 USD Daily 23.16 0.03 0.13 23.16 21.64 - LU0171278889 - -
Class AI2 EUR - 10.26 0.00 0.00 10.27 9.97 - LU1960220827 - -
C2 USD Accumulating 26.39 0.04 0.15 26.39 24.81 - LU0331283399 - -
A2 EUR Accumulating 30.09 0.03 0.10 30.11 28.29 - LU0050372472 - -
A2 USD Accumulating 34.28 0.05 0.15 34.28 32.00 - LU0171279184 - -
Class S4 EUR Annual 10.45 0.01 0.10 10.46 9.80 - LU1722863484 - -
A1 EUR Daily 20.33 0.01 0.05 20.35 19.14 - LU0118259232 - -
D2 EUR Accumulating 31.41 0.02 0.06 31.44 29.47 - LU0297941469 - -
D2 USD Accumulating 35.79 0.05 0.14 35.79 33.34 - LU0827877472 - -
D3 USD Monthly 23.20 0.04 0.17 23.20 21.68 - LU0827877639 - -
E2 EUR Accumulating 27.17 0.02 0.07 27.20 25.63 - LU0090830810 - -
C2 EUR Accumulating 23.16 0.02 0.09 23.19 21.94 - LU0147393358 - -
A3 EUR Monthly 20.33 0.02 0.10 20.35 19.14 - LU0172396516 - -
I2 Hgd JPY Accumulating 1,062.00 1.00 0.09 1,063.00 996.00 - LU1668661629 - -
I2 EUR Accumulating 15.06 0.02 0.13 15.07 14.11 - LU0368229703 - -
D4 EUR Annual 12.10 0.01 0.08 12.11 11.36 - LU0938162699 - -
A2 Hgd JPY Accumulating 1,052.00 0.00 0.00 1,053.00 990.00 - LU1668663914 - -
I2 Hgd USD Accumulating 11.78 0.01 0.08 11.79 10.81 - LU1376384100 - -
D2 Hgd CHF Accumulating 12.16 0.01 0.08 12.17 11.45 - LU1266592374 - -
D2 Hgd USD Accumulating 13.89 0.01 0.07 13.90 12.76 - LU0869640077 - -
X2 EUR Accumulating 33.60 0.03 0.09 33.62 31.40 - LU0298377911 - -
A2 Hgd USD Accumulating 13.58 0.02 0.15 13.58 12.50 - LU0869650977 - -
I2 Hgd CHF Accumulating 10.80 0.01 0.09 10.81 10.16 - LU1180456292 - -
A2 CZK Accumulating 768.38 -1.43 -0.19 770.94 727.48 - LU1791174284 - -

Portfolio Managers

Portfolio Managers

Michael Krautzberger
Head, BlackRock’s Pan-European Fixed Income Team

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

Literature

Literature

 

 

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