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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

  • 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

-6.04 14.49 -3.52 -4.58 -8.37
Benchmark (%) Index: JP Morgan GBI-EM Global Diversified Index - in EUR<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

-7.31 12.37 -1.74 1.23 -4.34
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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Distributions

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Apr 3, 2020 USD 2,763.772
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 LU0278457469
Bloomberg Ticker MLLEEA3
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B1PGSZ0
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 Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Mar 31, 2020 9.44
5y Volatility - Benchmark as of Mar 31, 2020 10.02
5y Beta as of Mar 31, 2020 1.137

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 Feb 28, 2020
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 3.41
POLAND (REPUBLIC OF) 2.75 10/25/2029 2.37
POLAND (REPUBLIC OF) 2.5 07/25/2026 2.13
TREASURY NOTE 1.375 04/30/2021 2.01
MEXICO (UNITED MEXICAN STATES) (GO 6.5 06/10/2021 1.96
Name Weight (%)
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.95
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 1.64
PERU (REPUBLIC OF) 6.95 08/12/2031 1.55
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 1.55
CHILE (REPUBLIC OF) 4.5 03/01/2026 1.46
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
A3 EUR Monthly 2.98 0.02 0.68 3.64 2.88 - LU0278457469 - -
Class I3 Hedged GBP Monthly 5.59 -0.01 -0.18 7.14 5.44 - LU0995336418 - -
D2 Hgd CHF Accumulating 7.47 0.00 0.00 9.25 7.21 - LU1688375184 - -
A1 EUR Daily 2.96 0.01 0.34 3.62 2.86 - LU0278461065 - -
Class AI5 EUR - 8.80 0.05 0.57 10.84 8.47 - LU1960220660 - -
A2 Hgd EUR Accumulating 6.37 0.00 0.00 7.91 6.16 - LU0359002093 - -
A2 Hgd SGD Accumulating 7.08 0.00 0.00 8.76 6.83 - LU0358998713 - -
I2 EUR Accumulating 20.20 0.11 0.55 24.48 19.45 - LU1559746307 - -
X2 GBP Accumulating 5.02 0.04 0.80 5.95 4.95 - LU1688375267 - -
A8 Hgd AUD Monthly 5.66 0.00 0.00 7.25 5.49 - LU1133072774 - -
A2 CHF Accumulating 20.01 0.13 0.65 24.56 19.35 - LU0938162186 - -
D2 CHF Accumulating 21.29 0.13 0.61 26.08 20.58 - LU1065150267 - -
C2 USD Accumulating 17.34 -0.01 -0.06 21.37 16.73 - LU0278476923 - -
X2 AUD Accumulating 10.24 0.02 0.20 11.22 9.69 - LU1554267051 - -
D2 USD Accumulating 21.76 0.00 0.00 26.70 20.97 - LU0383940458 - -
D3 Hgd GBP Monthly 5.57 0.00 0.00 7.11 5.42 - LU0995345831 - -
A1 USD Daily 3.20 0.00 0.00 3.97 3.09 - LU0278477574 - -
X2 Hgd GBP Accumulating 8.45 0.00 0.00 10.50 8.17 - LU1505939139 - -
I5 EUR Quarterly 7.34 0.04 0.55 9.05 7.07 - LU0995350831 - -
I2 GBP - 17.77 0.15 0.85 21.15 17.54 - LU1741217027 - -
Class S3 Hedged GBP - 8.45 0.00 0.00 10.78 8.21 - LU1911699996 - -
I5 USD Quarterly 7.92 0.00 0.00 9.89 7.63 - LU1495982867 - -
A3 HKD Monthly 24.92 0.00 0.00 31.29 24.14 - LU0388349754 - -
A6 Hgd SGD Monthly 6.43 -0.01 -0.16 8.20 6.25 - LU1676225185 - -
A2 USD Accumulating 20.45 0.00 0.00 25.12 19.72 - LU0278470058 - -
A4 EUR Annual 12.16 0.07 0.58 14.82 11.71 - LU0478974834 - -
I2 CHF - 21.33 0.14 0.66 26.11 20.62 - LU1781817694 - -
D2 Hgd EUR Accumulating 6.52 0.00 0.00 8.09 6.30 - LU0622213642 - -
Class E5 Hedged EUR Quarterly 5.27 0.00 0.00 6.75 5.09 - LU1062843260 - -
D3 USD Monthly 13.29 -0.01 -0.08 16.58 12.88 - LU0523291242 - -
D3 EUR Monthly 12.32 0.07 0.57 15.07 11.92 - LU0827884924 - -
A2 EUR Accumulating 18.95 0.10 0.53 22.99 18.26 - LU0278457204 - -
A3 USD Monthly 3.21 0.00 0.00 4.01 3.11 - LU0278470132 - -
A6 USD Monthly 7.08 -0.01 -0.14 8.94 6.87 - LU1408528211 - -
A4 USD Annual 13.12 0.00 0.00 16.55 12.65 - LU0548402170 - -
A2 Hgd SEK Accumulating 75.77 -0.03 -0.04 94.00 73.09 - LU1715605868 - -
D2 EUR Accumulating 20.17 0.12 0.60 24.44 19.42 - LU0329592702 - -
D5 GBP Quarterly 7.65 0.06 0.79 9.53 7.56 - LU1694209807 - -
C2 EUR Accumulating 16.08 0.09 0.56 19.53 15.49 - LU0278457972 - -
D3 Hgd AUD Monthly 5.29 0.00 0.00 6.72 5.13 - LU0827884841 - -
I2 Hgd EUR Accumulating 6.73 0.00 0.00 8.34 6.50 - LU0473186707 - -
D4 EUR Annual 12.21 0.06 0.49 14.91 11.76 - LU0827885145 - -
C1 USD Daily 3.19 0.00 0.00 3.97 3.08 - LU0278478119 - -
I2 USD Accumulating 21.79 -0.01 -0.05 26.74 21.01 - LU0520955575 - -
D2 Hgd GBP Accumulating 12.18 -0.01 -0.08 15.15 11.78 - LU0827885491 - -
D2 Hgd SGD Accumulating 7.36 0.00 0.00 9.10 7.10 - LU0827884767 - -
E2 USD Accumulating 19.15 0.00 0.00 23.55 18.46 - LU0374975414 - -
E2 EUR Accumulating 17.75 0.10 0.57 21.54 17.09 - LU0278459671 - -
D3 HKD Monthly 103.05 -0.02 -0.02 129.46 99.87 - LU0827885061 - -
D2 Hgd PLN Accumulating 8.64 -0.01 -0.12 10.71 8.34 - LU0827884684 - -
A6 Hgd GBP Monthly 6.55 0.00 0.00 8.46 6.37 - LU1408528302 - -
Class X5 Hedged GBP - 8.10 0.01 0.12 10.36 7.83 - LU1954752702 - -
A6 Hgd CAD Monthly 6.98 0.00 0.00 8.90 6.78 - LU1408528641 - -
A8 Hgd NZD Monthly 7.03 0.00 0.00 9.00 6.84 - LU1408528724 - -
A6 Hgd HKD Monthly 70.49 -0.02 -0.03 89.19 68.40 - LU1408528484 - -
X2 USD Accumulating 6.15 -0.01 -0.16 7.54 5.93 - LU0344905624 - -
A2 CZK Accumulating 525.42 4.62 0.89 573.35 507.04 - LU1791177113 - -
X2 EUR Accumulating 5.70 0.03 0.53 6.91 5.49 - LU0531082021 - -
A2 Hgd CHF Accumulating 6.23 0.00 0.00 7.72 6.01 - LU0623004180 - -
E2 Hgd EUR Accumulating 6.06 0.00 0.00 7.53 5.85 - LU0474536231 - -
A3 Hgd AUD Monthly 5.29 -0.01 -0.19 6.73 5.13 - LU0575500318 - -
Class AI2 EUR - 9.16 0.05 0.55 11.11 8.83 - LU1960220587 - -
A2 Hgd PLN Accumulating 8.32 -0.01 -0.12 10.33 8.04 - LU0480535052 - -
D4 USD Annual 13.18 0.00 0.00 16.65 12.70 - LU0827885228 - -

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