Fixed Income

BGF Global Government 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

  • Returns

  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
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2020

-0.38 -2.90 -1.03 -1.38 1.35
Benchmark (%) Index: FTSE WGBI Index 100% Hedged 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, 2020

3.07 -0.07 2.74 4.78 8.89
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 May 27, 2020 USD 946.646
Base Currency U.S. Dollar
Fund Inception Date May 14, 1987
Share Class Inception Date Jul 1, 2002
Asset Class Fixed Income
Morningstar Category Global Bond - EUR Hedged
Benchmark Index FTSE WGBI Index 100% Hedged in USD
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0297943838
Bloomberg Ticker MISGCEU
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B43LR84
Bloomberg Benchmark Ticker SBWGC
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Apr 30, 2020 3.15
5y Volatility - Benchmark as of Apr 30, 2020 3.25
5y Beta as of Apr 30, 2020 0.942

Ratings

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Apr 30, 2020
Name Weight (%)
TREASURY (CPI) NOTE 0.5 04/15/2024 7.77
TREASURY NOTE 0.375 03/31/2022 5.19
TREASURY (CPI) NOTE 0.125 10/15/2024 3.27
JAPAN (GOVERNMENT OF) 5YR #131 0.1 03/20/2022 1.31
JAPAN (GOVERNMENT OF) 30YR #54 0.8 03/20/2047 1.05
Name Weight (%)
SPAIN (KINGDOM OF) 0.5 04/30/2030 0.95
FRANCE (REPUBLIC OF) 0 02/25/2022 0.95
JAPAN (GOVERNMENT OF) 5YR #137 0.1 09/20/2023 0.94
IRELAND (REPUBLIC OF) 2.4 05/15/2030 0.85
TREASURY (CPI) NOTE 0.25 01/15/2025 0.83
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Apr 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2020

% of Market Value

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

% of Market Value

Type Fund Benchmark Net
as of Apr 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Apr 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
C2 Hgd EUR Accumulating 20.57 0.03 0.15 21.16 19.79 - LU0297943838 - -
D2 USD Accumulating 33.01 0.05 0.15 33.67 30.70 - LU0540001038 - -
A1 USD Daily 22.42 0.04 0.18 22.90 21.05 - LU0118256485 - -
C1 USD Daily 20.78 0.04 0.19 21.27 19.63 - LU0331285410 - -
I2 USD Accumulating 11.64 0.02 0.17 11.87 10.81 - LU1567964413 - -
C2 USD Accumulating 24.28 0.04 0.17 24.85 22.95 - LU0147382310 - -
E2 Hgd EUR Accumulating 24.25 0.04 0.17 24.90 23.29 - LU0297944059 - -
X2 USD Accumulating 11.65 0.02 0.17 11.87 10.78 - LU0462857607 - -
X2 Hgd EUR Accumulating 11.52 0.02 0.17 11.79 10.94 - LU1083813532 - -
A2 USD Accumulating 31.88 0.05 0.16 32.54 29.75 - LU0006061385 - -
A3 Hgd HKD Monthly 105.58 0.18 0.17 107.88 99.41 - LU1484781478 - -
D3 USD Monthly 22.48 0.04 0.18 22.96 21.13 - LU0827882043 - -
X2 Hgd NOK - 111.09 0.19 0.17 113.84 103.89 - LU1806518707 - -
D2 Hgd EUR Accumulating 28.27 0.05 0.18 28.98 27.00 - LU0329591563 - -
D3 Hgd EUR Monthly 19.12 0.03 0.16 19.63 18.36 - LU0827881821 - -
E2 USD Accumulating 28.78 0.05 0.17 29.41 27.00 - LU0090845412 - -
A3 Hgd GBP Monthly 10.26 0.02 0.20 10.54 9.80 - LU1484781395 - -
X2 Hgd SEK Accumulating 105.51 0.18 0.17 107.93 99.89 - LU1495984053 - -
A3 USD Monthly 22.44 0.03 0.13 22.93 21.10 - LU0172412149 - -
I4 Hgd EUR - 10.49 0.02 0.19 10.75 10.06 - LU1811366183 - -
A2 Hgd EUR Accumulating 26.96 0.05 0.19 27.66 25.84 - LU0297942863 - -
A3 Hgd EUR Monthly 19.10 0.03 0.16 19.61 18.34 - LU0297943168 - -
C1 Hgd EUR Daily 18.06 0.03 0.17 18.58 17.37 - LU0297940818 - -
A1 Hgd EUR Daily 19.26 0.03 0.16 19.77 18.49 - LU0297940495 - -
C3 USD Monthly 21.80 0.04 0.18 22.31 20.60 - LU0172412495 - -

Portfolio Managers

Portfolio Managers

Bob Miller
Managing Director, Head of Americas Fundamental Fixed Income

Bob Miller, Managing Director, is head of Americas Fundamental Fixed Income within BlackRock's Global Fixed Income group and a member of the Global Fixed Income Executive Committee.

Aidan Doyle (FI)
Aidan Doyle (FI)

Literature

Literature