Fixed Income

BGF Emerging Markets 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

13.87 -1.29 -2.62 12.53 -6.60
Benchmark (%)

as of Sep 30, 2020

15.42 -0.56 -0.17 18.87 -5.83
  1Y 3Y 5Y 10y Incept.
-3.29 0.43 2.32 5.23 5.99
Benchmark (%)

as of Oct 31, 2020

-3.28 3.36 4.45 7.31 7.74
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-5.07 0.81 0.74 -3.29 1.29 12.13 66.52 149.92
Benchmark (%)

as of Oct 31, 2020

-4.15 0.64 0.12 -3.28 10.41 24.33 102.54 223.61
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 Nov 23, 2020 USD 1,708.425
12m Trailing Yield -
Number of Holdings as of Oct 30, 2020 274
Base Currency U.S. Dollar
Fund Inception Date Oct 1, 2004
Share Class Inception Date Jan 31, 2005
Asset Class Fixed Income
Morningstar Category Global Emerging Markets Bond
Benchmark Index JP Morgan Global Diversified EMBI Index in EUR
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.97%
ISIN LU0200684180
Bloomberg Ticker MLEMBEE
Annual Management Fee 1.75%
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL B441Y26
Bloomberg Benchmark Ticker JPGCCOMP
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Oct 30, 2020 4.84%
Modified Duration as of Oct 30, 2020 6.59 yrs
Effective Duration as of Oct 30, 2020 6.60 yrs
Weighted Avg Maturity as of Oct 30, 2020 12.10 yrs
3y Volatility - Benchmark as of Oct 31, 2020 10.41
3y Beta as of Oct 31, 2020 1.212
5y Volatility - Benchmark as of Oct 31, 2020 9.24
5y Beta as of Oct 31, 2020 1.161
WAL to Worst as of Oct 30, 2020 12.10 yrs

Ratings

Ratings

Morningstar Rating

3
Overall Morningstar Rating for BGF Emerging Markets Bond Fund, Class E2, as of Mar 31, 2012 rated against 350 Global Emerging Markets Bond Funds.

Risk Indicator

Risk Indicator

1
2
3
4
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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Oct 30, 2020
Name Weight (%)
QATAR (STATE OF) RegS 4.817 03/14/2049 1.36
UKRAINE (GOVERNMENT OF) RegS 0 05/31/2040 1.36
PETROLEOS MEXICANOS 6.84 01/23/2030 1.20
RUSSIAN FEDERATION RegS 5.25 06/23/2047 1.20
EGYPT (ARAB REPUBLIC OF) MTN RegS 8.875 05/29/2050 1.17
Name Weight (%)
BRAZIL (FEDERATIVE REPUBLIC OF) 5 01/27/2045 1.13
PANAMA REPUBLIC OF (GOVERNMENT) 3.875 03/17/2028 1.10
NIGERIA (FEDERAL REPUBLIC OF) MTN RegS 7.143 02/23/2030 1.05
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 0.96
ABU DHABI (EMIRATE OF) MTN RegS 2.5 09/30/2029 0.95
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

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

% of Market Value

Type Fund Benchmark Net
as of Oct 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Oct 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
E2 EUR Accumulating 15.39 0.10 0.65 16.65 12.78 - LU0200684180 - -
I4 Hgd EUR Annual 10.11 0.06 0.60 10.41 7.91 - LU2075911060 - -
I2 Hgd GBP - 10.62 0.07 0.66 10.62 8.02 - LU1806518533 - -
A1 EUR Daily 8.36 0.06 0.72 9.20 7.04 - LU0200683703 - -
Class I5 Hedged EUR Quarterly 9.41 0.06 0.64 9.69 7.25 - LU1323999216 - -
A3 USD Monthly 10.26 0.06 0.59 10.34 7.88 - LU0200680782 - -
A3 EUR Monthly 8.65 0.06 0.70 9.53 7.30 - LU0200684008 - -
I4 Hgd GBP Annual 10.13 0.06 0.60 10.44 7.91 - LU2075910922 - -
A8 Hgd CNH Monthly 106.01 0.66 0.63 108.41 82.36 - LU1919856051 - -
A2 EUR Accumulating 16.65 0.11 0.67 17.94 13.77 - LU0200683885 - -
C2 USD Accumulating 16.14 0.10 0.62 16.14 12.26 - LU0200681673 - -
E2 USD Accumulating 18.26 0.11 0.61 18.26 13.80 - LU0200681830 - -
A8 Hgd ZAR Monthly 94.18 0.58 0.62 98.10 73.95 - LU1109561420 - -
A1 USD Daily 9.92 0.06 0.61 9.98 7.61 - LU0200680436 - -
X2 USD Accumulating 23.50 0.15 0.64 23.50 17.54 - LU0200682721 - -
X2 Hgd EUR Accumulating 20.12 0.13 0.65 20.12 15.18 - LU0343170543 - -
D2 USD Accumulating 21.38 0.13 0.61 21.38 16.04 - LU0297941386 - -
CLASS AI5 EUR Quarterly 9.80 0.06 0.62 10.08 7.56 - LU1960220074 - -
A2 Hgd EUR Accumulating 17.06 0.11 0.65 17.11 12.99 - LU0413376566 - -
A4 EUR Annual 11.86 0.08 0.68 13.20 10.13 - LU1072326561 - -
D3 EUR Monthly 8.67 0.06 0.70 9.56 7.31 - LU0827877126 - -
D2 Hgd EUR Accumulating 17.89 0.11 0.62 17.89 13.58 - LU0827877399 - -
C1 USD Daily 9.91 0.06 0.61 9.98 7.60 - LU0200681327 - -
Class E5 Hedged EUR Quarterly 9.15 0.05 0.55 9.41 7.07 - LU1062842965 - -
D2 EUR Accumulating 18.02 0.12 0.67 19.34 14.85 - LU0827877043 - -
Class I4 USD Annual 10.16 0.07 0.69 10.35 7.92 - LU1806518293 - -
Class X5 Hedged CHF Quarterly 10.24 0.06 0.59 10.54 7.89 - LU1904800973 - -
E2 Hgd EUR Accumulating 11.08 0.07 0.64 11.16 8.47 - LU1062842882 - -
A6 USD Monthly 8.73 0.05 0.58 8.99 6.84 - LU0764617162 - -
Class X5 Hedged EUR Quarterly 9.07 0.06 0.67 9.34 6.98 - LU1722865000 - -
A2 USD Accumulating 19.75 0.12 0.61 19.75 14.88 - LU0200680600 - -
I2 EUR Accumulating 16.27 0.11 0.68 17.44 13.40 - LU1048586868 - -
X2 EUR Accumulating 19.81 0.13 0.66 21.13 16.24 - LU0988581723 - -
D3 USD Monthly 10.29 0.07 0.68 10.37 7.90 - LU0827876821 - -
A6 Hgd HKD Monthly 65.08 0.40 0.62 67.00 50.92 - LU0764619960 - -
I2 Hgd CHF Accumulating 10.17 0.07 0.69 10.17 7.70 - LU1618350562 - -
A6 Hgd GBP Monthly 8.84 0.05 0.57 9.29 6.99 - LU1408527916 - -
A8 Hgd AUD Monthly 8.41 0.06 0.72 8.77 6.59 - LU0871639893 - -
Class AI2 EUR - 10.34 0.06 0.58 10.38 7.88 - LU1960219902 - -
A2 CZK Accumulating 438.41 2.85 0.65 452.50 382.21 - LU1791181735 - -
I2 USD Accumulating 19.30 0.12 0.63 19.30 14.47 - LU1180455567 - -
A6 Hgd CAD Monthly 9.24 0.05 0.54 9.65 7.28 - LU1408528054 - -
A2 Hgd GBP Accumulating 12.13 0.07 0.58 12.19 9.22 - LU1057296771 - -
A8 Hgd NZD Monthly 9.31 0.05 0.54 9.70 7.29 - LU1408528138 - -
I2 Hgd EUR Accumulating 12.15 0.07 0.58 12.15 9.22 - LU1057294727 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Managing Director, Head of BlackRock's Emerging Markets Fixed Income

Sergio Trigo Paz, Managing Director, is Head of BlackRock's Emerging Markets Fixed Income.

Michel Aubenas, CFA
Managing Director, Portfolio Manager for Emerging Markets Debt

Michel Aubenas, CFA

Literature

Literature