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BGF Emerging Markets Local Currency 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

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 Sep 25, 2020 USD 2,293.188
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Feb 2, 2007
Asset Class -
Morningstar Category Global Emerging Markets Bond - Local Currency
Benchmark Index JP Morgan GBI-EM Global Diversified Index - in EUR
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0278457204
Bloomberg Ticker MLLEEA2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B1PGSM7
Bloomberg Benchmark Ticker JGENVUEG
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

3y Volatility - Benchmark as of Aug 31, 2020 10.00
5y Volatility - Benchmark as of Aug 31, 2020 9.75
5y Beta as of Aug 31, 2020 1.163

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 Aug 31, 2020
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 3.36
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 2.90
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 2.30
PERU (REPUBLIC OF) 6.95 08/12/2031 2.07
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2023 1.99
Name Weight (%)
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.13 11/21/2029 1.93
SOUTH AFRICA (REPUBLIC OF) 8 01/31/2030 1.90
HUNGARY (REPUBLIC OF) 3 08/21/2030 1.84
CZECH REPUBLIC 2 10/13/2033 1.82
PERU (REPUBLIC OF) 6.35 08/12/2028 1.76
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 2020

% of Market Value

Type Fund Benchmark Net
as of Aug 31, 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
A2 EUR Accumulating 19.91 0.04 0.20 22.99 18.26 - LU0278457204 - -
Class AI5 EUR - 9.05 0.01 0.11 10.84 8.47 - LU1960220660 - -
D2 CHF Accumulating 22.94 0.10 0.44 26.08 20.58 - LU1065150267 - -
Class S3 Hedged GBP - 9.37 0.01 0.11 10.67 8.21 - LU1911699996 - -
I5 USD Quarterly 8.78 0.01 0.11 9.88 7.63 - LU1495982867 - -
X2 GBP Accumulating 5.51 0.01 0.18 5.88 4.95 - LU1688375267 - -
C2 USD Accumulating 19.53 0.03 0.15 21.37 16.73 - LU0278476923 - -
A2 CHF Accumulating 21.51 0.09 0.42 24.56 19.35 - LU0938162186 - -
D3 Hgd GBP Monthly 6.18 0.00 0.00 7.04 5.42 - LU0995345831 - -
A2 Hgd SGD Accumulating 8.00 0.01 0.13 8.76 6.83 - LU0358998713 - -
A1 EUR Daily 3.05 0.00 0.00 3.62 2.86 - LU0278461065 - -
D2 Hgd CHF Accumulating 8.42 0.02 0.24 9.25 7.21 - LU1688375184 - -
I2 EUR Accumulating 21.29 0.04 0.19 24.48 19.45 - LU1559746307 - -
X2 Hgd GBP Accumulating 9.59 0.02 0.21 10.50 8.17 - LU1505939139 - -
A2 Hgd EUR Accumulating 7.16 0.00 0.00 7.91 6.16 - LU0359002093 - -
X2 AUD Accumulating 9.98 0.02 0.20 11.22 9.75 - LU1554267051 - -
D2 USD Accumulating 24.70 0.03 0.12 26.70 20.97 - LU0383940458 - -
A1 USD Daily 3.55 0.01 0.28 3.97 3.09 - LU0278477574 - -
A8 Hgd AUD Monthly 6.21 0.00 0.00 7.15 5.49 - LU1133072774 - -
I5 EUR Quarterly 7.55 0.01 0.13 9.05 7.07 - LU0995350831 - -
Class I3 Hedged GBP Monthly 6.21 0.01 0.16 7.06 5.44 - LU0995336418 - -
I2 GBP - 19.48 0.06 0.31 20.87 17.54 - LU1741217027 - -
A3 EUR Monthly 3.08 0.01 0.33 3.64 2.88 - LU0278457469 - -
A3 USD Monthly 3.58 0.01 0.28 4.00 3.11 - LU0278470132 - -
A2 USD Accumulating 23.16 0.03 0.13 25.12 19.72 - LU0278470058 - -
I2 CHF - 23.00 0.10 0.44 26.11 20.62 - LU1781817694 - -
A4 USD Annual 14.18 0.02 0.14 16.12 12.65 - LU0548402170 - -
D2 Hgd EUR Accumulating 7.35 0.01 0.14 8.09 6.30 - LU0622213642 - -
A2 Hgd SEK Accumulating 85.11 0.12 0.14 94.00 73.09 - LU1715605868 - -
A6 Hgd SGD Monthly 7.06 0.01 0.14 8.11 6.25 - LU1676225185 - -
A4 EUR Annual 12.19 0.02 0.16 14.75 11.71 - LU0478974834 - -
Class E5 Hedged EUR Quarterly 5.81 0.01 0.17 6.65 5.09 - LU1062843260 - -
D5 GBP Quarterly 8.19 0.02 0.24 9.28 7.56 - LU1694209807 - -
D3 EUR Monthly 12.73 0.03 0.24 15.07 11.92 - LU0827884924 - -
D2 EUR Accumulating 21.23 0.04 0.19 24.44 19.42 - LU0329592702 - -
D3 USD Monthly 14.81 0.02 0.14 16.55 12.88 - LU0523291242 - -
D3 Hgd AUD Monthly 5.86 0.01 0.17 6.67 5.13 - LU0827884841 - -
C2 EUR Accumulating 16.79 0.03 0.18 19.53 15.49 - LU0278457972 - -
A6 USD Monthly 7.80 0.01 0.13 8.86 6.87 - LU1408528211 - -
D2 Hgd GBP Accumulating 13.78 0.02 0.15 15.15 11.78 - LU0827885491 - -
C1 USD Daily 3.55 0.01 0.28 3.97 3.08 - LU0278478119 - -
E2 EUR Accumulating 18.60 0.04 0.22 21.54 17.09 - LU0278459671 - -
D2 Hgd PLN Accumulating 9.76 0.01 0.10 10.71 8.34 - LU0827884684 - -
D4 EUR Annual 12.21 0.02 0.16 14.80 11.76 - LU0827885145 - -
D3 HKD Monthly 114.75 0.15 0.13 128.96 99.87 - LU0827885061 - -
A6 Hgd GBP Monthly 7.17 0.01 0.14 8.30 6.37 - LU1408528302 - -
I2 Hgd EUR Accumulating 7.59 0.01 0.13 8.34 6.50 - LU0473186707 - -
D2 Hgd SGD Accumulating 8.34 0.01 0.12 9.10 7.10 - LU0827884767 - -
A3 HKD Monthly 27.74 0.04 0.14 31.17 24.14 - LU0388349754 - -
I2 USD Accumulating 24.77 0.04 0.16 26.74 21.01 - LU0520955575 - -
E2 USD Accumulating 21.64 0.03 0.14 23.55 18.46 - LU0374975414 - -
A8 Hgd NZD Monthly 7.74 0.01 0.13 8.90 6.84 - LU1408528724 - -
E2 Hgd EUR Accumulating 6.80 0.01 0.15 7.53 5.85 - LU0474536231 - -
A2 CZK Accumulating 539.79 1.70 0.32 573.35 507.04 - LU1791177113 - -
A2 Hgd PLN Accumulating 9.38 0.01 0.11 10.33 8.04 - LU0480535052 - -
A6 Hgd HKD Monthly 77.58 0.10 0.13 88.22 68.40 - LU1408528484 - -
X2 USD Accumulating 7.01 0.01 0.14 7.54 5.93 - LU0344905624 - -
X2 EUR Accumulating 6.02 0.01 0.17 6.91 5.49 - LU0531082021 - -
A3 Hgd AUD Monthly 5.86 0.01 0.17 6.67 5.13 - LU0575500318 - -
D4 USD Annual 14.21 0.02 0.14 16.17 12.70 - LU0827885228 - -
Class AI2 EUR - 9.63 0.02 0.21 11.11 8.83 - LU1960220587 - -
A6 Hgd CAD Monthly 7.64 0.01 0.13 8.79 6.78 - LU1408528641 - -
Class X5 Hedged GBP - 8.94 -0.08 -0.89 10.25 7.83 - LU1954752702 - -
A2 Hgd CHF Accumulating 7.00 0.01 0.14 7.72 6.01 - LU0623004180 - -

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.

Laurent Develay
Managing Director, Head of Emerging Markets Local Debt Investments

Laurent Develay, Managing Director, Head of Emerging Markets Local Debt Investments within BlackRock's Global Fixed Income Group.

Michal Wozniak, CFA
Vice President, Portfolio Manager for Emerging Markets Debt Portfolio Management team

Michal Wozniak, CFA, Director, is a Portfolio Manager for Emerging Markets Debt Portfolio Management team for Blackrock Global Fixed Income Group.

Literature

Literature