Fixed Income

BGF Global High Yield Bond Fund

Overview

Loading

Performance

Performance

  • Returns

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.
View full chart

Distributions

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Mar 25, 2019 USD 1,276.217
Base Currency U.S. Dollar
Fund Inception Date May 16, 2003
Share Class Inception Date May 16, 2003
Asset Class Fixed Income
Morningstar Category Global High Yield Bond - EUR Hedged
Benchmark Index ICE BofAML Global High Yield Constrained (HW0C) 100% USD Hedged Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0118259661
Bloomberg Ticker MERHYID
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL 4562119
Bloomberg Benchmark Ticker ML_GHYUSDH
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 Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Feb 28, 2019 4.61
5y Volatility - Benchmark as of Feb 28, 2019 5.05
5y Beta as of Feb 28, 2019 0.996

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global High Yield Bond Fund, Class A1, as of Feb 28, 2019 rated against 411 Global High Yield Bond - EUR 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 Oct 17, 2018)

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Feb 28, 2019
Name Weight (%)
TRANSDIGM INC 144A 6.25 03/15/2026 1.37
BLACKSTONE CQP HOLDCO LP 144A 6.5 03/20/2021 1.16
PETROBRAS GLOBAL FINANCE BV 4.375 05/20/2023 0.89
STARS GROUP INC 0.64
CLEAR CHANNEL WORLDWIDE HOLDINGS I 144A 9.25 02/15/2024 0.52
Name Weight (%)
HD SUPPLY INC 144A 5.375 10/15/2026 0.52
GMAC CAPITAL TRUST I 8.46875 02/15/2040 0.48
BWAY HOLDING CO RegS 4.75 04/15/2024 0.47
SPRINT CORP 7.625 03/01/2026 0.46
FINANCIAL & RISK US HOLDINGS INC 144A 6.25 05/15/2026 0.45
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 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
A1 EUR Daily 5.19 -0.01 -0.19 5.47 4.98 - LU0118259661 - -
D2 USD Accumulating 26.54 -0.03 -0.11 26.57 24.93 - LU0297941899 - -
A2 Hgd EUR Accumulating 16.54 -0.03 -0.18 16.69 15.68 - LU0093504206 - -
D3 USD Monthly 7.92 -0.01 -0.13 8.09 7.52 - LU0827882126 - -
A1 USD Daily 7.81 -0.02 -0.26 7.99 7.43 - LU0171284770 - -
A6 Hgd SGD Monthly 9.78 -0.01 -0.10 10.06 9.34 - LU1830001522 - -
D3 Hgd EUR Monthly 5.18 -0.01 -0.19 5.45 4.95 - LU0827882472 - -
D2 Hgd GBP Accumulating 18.88 -0.03 -0.16 18.91 17.83 - LU0372548783 - -
A5 EUR Quarterly 10.69 -0.05 -0.47 10.82 9.84 - LU1125545993 - -
C2 USD Accumulating 21.67 -0.03 -0.14 21.70 20.45 - LU0331284447 - -
E2 EUR Accumulating 19.99 -0.11 -0.55 20.10 17.68 - LU0628613712 - -
C2 Hgd EUR Accumulating 13.18 -0.02 -0.15 13.45 12.53 - LU0147394596 - -
X2 Hgd EUR Accumulating 19.83 -0.03 -0.15 19.86 18.73 - LU0147394752 - -
A8 Hgd CNH - 103.60 -0.16 -0.15 103.76 98.71 - LU1919856135 - -
Class E5 Hedged EUR Quarterly 10.20 -0.02 -0.20 10.77 9.78 - LU0500207039 - -
D2 Hgd EUR Accumulating 17.51 -0.02 -0.11 17.55 16.57 - LU0368267034 - -
E2 Hgd EUR Accumulating 14.99 -0.02 -0.13 15.19 14.22 - LU0093505864 - -
X2 USD Accumulating 10.45 -0.02 -0.19 10.47 9.80 - LU0580566189 - -
D5 Hgd GBP Quarterly 8.95 -0.01 -0.11 9.36 8.56 - LU1072327023 - -
C1 Hgd EUR Daily 5.31 -0.01 -0.19 5.59 5.09 - LU0147394323 - -
A2 Hgd PLN Accumulating 13.84 -0.02 -0.14 13.86 13.05 - LU0849758007 - -
A2 Hgd SEK Accumulating 13.07 -0.02 -0.15 13.19 12.39 - LU0797429023 - -
A6 Hgd HKD Monthly 51.97 -0.07 -0.13 54.48 49.70 - LU0784402520 - -
A8 Hgd AUD Monthly 6.73 -0.01 -0.15 7.02 6.42 - LU0871640040 - -
I2 Hgd EUR - 10.12 -0.02 -0.20 10.14 9.57 - LU1791806000 - -
I2 Hgd CAD Accumulating 12.03 -0.01 -0.08 12.04 11.32 - LU1153585705 - -
E2 USD Accumulating 22.63 -0.04 -0.18 22.67 21.32 - LU0171285157 - -
A6 USD Monthly 6.88 -0.01 -0.15 7.15 6.56 - LU0764618640 - -
I2 USD Accumulating 26.70 -0.04 -0.15 26.74 25.07 - LU0369584726 - -
Class X8 Hedged AUD Monthly 9.59 -0.02 -0.21 9.87 9.13 - LU1258857488 - -
A2 USD Accumulating 24.98 -0.04 -0.16 25.02 23.51 - LU0171284937 - -
A2 Hgd GBP Accumulating 17.96 -0.03 -0.17 17.99 16.99 - LU0567554463 - -
C1 USD Daily 8.01 -0.01 -0.12 8.19 7.62 - LU0331284363 - -
A8 Hgd ZAR Monthly 89.22 -0.14 -0.16 92.59 84.88 - LU1023055319 - -
I3 USD Monthly 10.25 -0.02 -0.19 10.48 9.74 - LU0764819032 - -
A3 Hgd EUR Monthly 5.15 -0.01 -0.19 5.42 4.93 - LU0172401704 - -
X4 Hgd EUR Annual 9.13 -0.01 -0.11 9.63 8.62 - LU0984200880 - -
A3 USD Monthly 7.87 -0.01 -0.13 8.05 7.48 - LU0172401969 - -

Portfolio Managers

Portfolio Managers

James Keenan
Managing Director, Chief Investment Officer and Global Co-Head of Credit

 James E. Keenan

Jose Aguilar
Jose Aguilar
David Delbos
Co-Head of US High Yield, Global Credit

David Delbos

Mitchell Garfin
Co-Head of US High Yield, Global Credit

Mitchell Garfin

James Turner
James Turner

Literature

Literature