Fixed Income

BlackRock Absolute Return 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

This fund does not have any distributions data as of now.
  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

2.39 3.50 0.09 1.39 4.02
Benchmark (%)

as of Sep 30, 2020

0.55 0.33 0.62 0.83 0.48
  1Y 3Y 5Y 10y Incept.
4.02 1.82 2.27 - 2.21
Benchmark (%)

as of Sep 30, 2020

0.48 0.64 0.56 - 0.60
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
2.96 0.26 1.93 4.02 5.55 11.86 - 21.71
Benchmark (%)

as of Sep 30, 2020

0.28 0.00 0.02 0.48 1.94 2.84 - 5.50
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 Oct 21, 2020 GBP 2,610.404
Price Yield as of Oct 22, 2020 2.37
Number of Holdings as of Sep 30, 2020 1658
Base Currency British Pound
Fund Inception Date Sep 30, 2011
Share Class Inception Date Sep 30, 2011
Asset Class Fixed Income
Benchmark Index LIBOR 3 Month (GBP)
Investment Association Category -
Domicile United Kingdom
Regulatory Structure UCITS
Management Company BlackRock Fund Managers Ltd
Ongoing Charge 0.04%
ISIN GB00B66YXP33
Bloomberg Ticker BRARBXA
Annual Management Fee 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B66YXP3
Bloomberg Benchmark Ticker 3MSTLLIBOR
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 10000000
Minimum Subsequent Investment GBP 100
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Sep 30, 2020 1.96%
Modified Duration as of Sep 30, 2020 1.86 yrs
Effective Duration as of Sep 30, 2020 1.59 yrs
Weighted Avg Maturity as of Sep 30, 2020 6.46 yrs
3y Volatility - Benchmark as of Sep 30, 2020 0.07
3y Beta as of Sep 30, 2020 -7.923
5y Volatility - Benchmark as of Sep 30, 2020 0.06
5y Beta as of Sep 30, 2020 -7.321
WAL to Worst as of Sep 30, 2020 6.46 yrs

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Sep 30, 2020
Name Weight (%)
ISH EUR CRP BND EX FIN 1-5 ETF EUR 3.03
ISH EUR CORP BND 1-5 ETF EUR DIST 2.64
ITALY (REPUBLIC OF) 1.8 03/01/2041 1.18
ITALY (REPUBLIC OF) 1.3 05/15/2028 1.17
CANADA (GOVERNMENT OF) 0.5 09/01/2025 1.06
Name Weight (%)
ISHARES EURO ULTRASHORT BOND UCITS 1.06
CHINA DEVELOPMENT BANK 2.89 06/22/2025 0.96
AUSTRALIA (COMMONWEALTH OF) 1.75 06/21/2051 0.89
ITALY (REPUBLIC OF) 2.45 09/01/2050 0.84
SPAIN (KINGDOM OF) 1 10/31/2050 0.83
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Sep 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 Distribution Frequency Bid Price ISIN TIS
X Accumulating 1.22 GB00B66YXP33 -
Class P Accumulating 1.12 GB00B5LVV365 -
D Accumulating 1.16 GB00B618DS31 -

Portfolio Managers

Portfolio Managers

Ian Winship
Ian Winship
Simon Blundell
Simon Blundell
Joseph Di Censo
Managing Director

  

Nuno Luis
Nuno Luis
Rekesh Varsani
Rekesh Varsani

Literature

Literature