Skip to content

Fixed Income

BGF Global High Yield 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.
Show Fewer
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

Reinvestments

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Mar 27, 2020 USD 1,070.128
Base Currency U.S. Dollar
Fund Inception Date Dec 22, 1998
Share Class Inception Date Aug 8, 2008
Asset Class Fixed Income
Morningstar Category Global High Yield Bond - GBP 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 LU0372548783
Bloomberg Ticker BGGHGD2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B3BDFC5
Bloomberg Benchmark Ticker ML_GHYUSDH
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 100000
Minimum Subsequent Investment GBP 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Feb 29, 2020 3.78
5y Volatility - Benchmark as of Sep 30, 2019 5.04
5y Beta as of Feb 29, 2020 0.975

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global High Yield Bond Fund, Class D2 Hedged, as of Feb 29, 2020 rated against 175 Global High Yield Bond - GBP 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 9, 2019)

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, 2020
Name Weight (%)
ISHARES $ HIGH YIELD CRP BND ETF $ 1.68
PETROBRAS GLOBAL FINANCE BV 144A 5.093 01/15/2030 0.48
FREEPORT-MCMORAN COPPER & GOLD INC 5.45 03/15/2043 0.47
VERSCEND ESCROW CORP 144A 9.75 08/15/2026 0.44
ALLY FINANCIAL INC 8 11/01/2031 0.44
Name Weight (%)
BANFF MERGER SUB INC 144A 9.75 09/01/2026 0.42
ALTICE FINANCING SA 144A 7.5 05/15/2026 0.41
PANTHER BF AGGREGATOR 2 LP 144A 8.5 05/15/2027 0.41
SBA COMMUNICATIONS CORP 4.875 09/01/2024 0.41
CLEAR CHANNEL OUTDOOR HOLDINGS INC 144A 5.125 08/15/2027 0.40
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Feb 28, 2020

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2020

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Feb 28, 2020

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2020

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 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
D2 Hgd GBP Accumulating 17.02 0.43 2.59 20.46 15.48 - LU0372548783 - -
C2 Hgd EUR Accumulating 11.58 0.30 2.66 13.88 10.51 - LU0147394596 - -
D5 Hgd GBP Quarterly 7.65 0.20 2.68 9.33 6.96 - LU1072327023 - -
E2 Hgd EUR Accumulating 13.27 0.35 2.71 15.89 12.05 - LU0093505864 - -
D3 USD Monthly 6.99 0.19 2.79 8.32 6.33 - LU0827882126 - -
C2 USD Accumulating 19.73 0.54 2.81 23.43 17.86 - LU0331284447 - -
E2 EUR Accumulating 18.86 0.48 2.61 22.82 17.43 - LU0628613712 - -
A6 Hgd SGD Monthly 8.37 0.22 2.70 10.07 7.59 - LU1830001522 - -
Class E5 Hedged EUR Quarterly 8.68 0.23 2.72 10.51 7.88 - LU0500207039 - -
D2 USD Accumulating 24.64 0.67 2.80 29.20 22.31 - LU0297941899 - -
I3 USD Monthly 9.05 0.25 2.84 10.77 8.19 - LU0764819032 - -
D2 Hgd EUR Accumulating 15.70 0.42 2.75 18.77 14.24 - LU0368267034 - -
A5 EUR Quarterly 9.68 0.25 2.65 11.85 8.95 - LU1125545993 - -
C1 Hgd EUR Daily 4.53 0.12 2.72 5.44 4.11 - LU0147394323 - -
A1 EUR Daily 4.42 0.11 2.55 5.32 4.02 - LU0118259661 - -
A8 Hgd CNH - 90.16 2.50 2.85 107.45 81.45 - LU1919856135 - -
X2 Hgd EUR Accumulating 17.91 0.48 2.75 21.40 16.25 - LU0147394752 - -
D3 Hgd EUR Monthly 4.41 0.11 2.56 5.30 4.01 - LU0827882472 - -
A1 USD Daily 6.89 0.18 2.68 8.21 6.24 - LU0171284770 - -
A2 Hgd EUR Accumulating 14.73 0.39 2.72 17.63 13.37 - LU0093504206 - -
I2 Hgd EUR - 9.09 0.24 2.71 10.87 8.25 - LU1791806000 - -
A2 Hgd SEK Accumulating 11.67 0.32 2.82 13.95 10.56 - LU0797429023 - -
A6 USD Monthly 5.96 0.16 2.76 7.11 5.40 - LU0764618640 - -
A2 Hgd PLN Accumulating 12.51 0.32 2.63 15.03 11.38 - LU0849758007 - -
A6 Hgd HKD Monthly 44.93 1.23 2.81 53.62 40.67 - LU0784402520 - -
Class AI5 Hedged EUR - 8.59 0.45 5.53 10.56 8.01 - LU1960223334 - -
E2 USD Accumulating 20.77 0.57 2.82 24.64 18.80 - LU0171285157 - -
X2 USD Accumulating 9.77 0.27 2.84 11.58 8.85 - LU0580566189 - -
I2 USD Accumulating 24.83 0.68 2.82 29.43 22.48 - LU0369584726 - -
A3 Hgd EUR Monthly 4.39 0.12 2.81 5.27 3.98 - LU0172401704 - -
Class AI2 Hedged EUR - 8.62 0.46 5.64 10.59 8.03 - LU1960223250 - -
A8 Hgd ZAR Monthly 77.64 2.12 2.81 93.35 70.34 - LU1023055319 - -
I2 Hgd CAD Accumulating 11.03 0.30 2.80 13.17 10.00 - LU1153585705 - -
A8 Hgd AUD Monthly 5.73 0.15 2.69 6.92 5.19 - LU0871640040 - -
A2 USD Accumulating 23.04 0.63 2.81 27.32 20.86 - LU0171284937 - -
A2 Hgd GBP Accumulating 16.07 0.40 2.55 19.34 14.63 - LU0567554463 - -
C1 USD Daily 7.07 0.20 2.91 8.42 6.40 - LU0331284363 - -
X4 Hgd EUR Annual 7.77 0.21 2.78 9.43 7.05 - LU0984200880 - -
A3 USD Monthly 6.95 0.19 2.81 8.27 6.29 - 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 S. Garfin, CFA
Managing Director, Co-Head of Leveraged Finance

Mitchell Garfin

James Turner
Managing Director, Head of European Leveraged Finance

James Turner

Literature

Literature