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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

Growth of Hypothetical 10,000

Performance chart data not available for display.
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Distributions

Record Date Ex-Date Payable Date
View full table
  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

18.81 8.19 -13.68 8.39 -2.64
Benchmark (%)

as of Sep 30, 2020

17.06 7.32 -7.40 10.13 -1.45
  1Y 3Y 5Y 10y Incept.
-2.64 -3.06 3.21 - -1.75
Benchmark (%)

as of Sep 30, 2020

-1.45 0.17 4.78 - -0.79
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
-7.67 -2.54 1.76 -2.64 -8.90 17.10 - -16.10
Benchmark (%)

as of Sep 30, 2020

-6.32 -2.02 0.61 -1.45 0.51 26.27 - -7.57
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 23, 2020 USD 2,371.278
12m Trailing Yield as of Sep 30, 2020 4.90
Number of Holdings as of Sep 30, 2020 156
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Oct 14, 2010
Asset Class -
Morningstar Category Global Emerging Markets Bond - Local Currency
Benchmark Index JP Morgan GBI-EM Global Diversified Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 1.28%
ISIN LU0548402170
Bloomberg Ticker BGFEA4U
Annual Management Fee 1.00%
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B4Q7XG9
Bloomberg Benchmark Ticker ELMIPLUS
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Sep 30, 2020 5.21%
Modified Duration as of Sep 30, 2020 5.81 yrs
Effective Duration as of Sep 30, 2020 5.73 yrs
Weighted Avg Maturity as of Sep 30, 2020 8.04 yrs
3y Volatility - Benchmark as of Sep 30, 2020 12.17
3y Beta as of Sep 30, 2020 1.187
5y Volatility - Benchmark as of Sep 30, 2020 11.85
5y Beta as of Sep 30, 2020 1.127
WAL to Worst as of Sep 30, 2020 8.04 yrs

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 Sep 30, 2020
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 3.32
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 2.88
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 2.44
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.13 11/21/2029 2.00
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2023 1.97
Name Weight (%)
PERU (REPUBLIC OF) 6.35 08/12/2028 1.78
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.66
SOUTH AFRICA (REPUBLIC OF) 8 01/31/2030 1.60
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 1.59
MEXICO (UNITED MEXICAN STATES) 7.5 06/03/2027 1.51
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
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Sep 30, 2020

% of Market Value

Type Fund Benchmark Net
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 Currency Distribution Frequency NAV NAV Amount Change NAV % Change 52wk High 52wk Low Bid Price ISIN Offer Price TIS
A4 USD Annual 14.47 -0.01 -0.07 16.12 12.65 - LU0548402170 - -
D3 Hgd GBP Monthly 6.29 0.00 0.00 7.04 5.42 - LU0995345831 - -
C2 USD Accumulating 19.90 -0.02 -0.10 21.37 16.73 - LU0278476923 - -
A2 Hgd SGD Accumulating 8.16 -0.01 -0.12 8.76 6.83 - LU0358998713 - -
X2 AUD Accumulating 10.06 -0.02 -0.20 11.22 9.75 - LU1554267051 - -
A2 CHF Accumulating 21.38 -0.08 -0.37 24.56 19.35 - LU0938162186 - -
A1 USD Daily 3.61 0.00 0.00 3.97 3.09 - LU0278477574 - -
Class S3 Hedged GBP - 9.53 -0.01 -0.10 10.67 8.21 - LU1911699996 - -
Class AI5 EUR - 9.08 -0.02 -0.22 10.84 8.47 - LU1960220660 - -
I5 USD Quarterly 8.97 0.00 0.00 9.88 7.63 - LU1495982867 - -
X2 GBP Accumulating 5.48 0.01 0.18 5.80 4.95 - LU1688375267 - -
D2 Hgd CHF Accumulating 8.58 -0.01 -0.12 9.25 7.21 - LU1688375184 - -
D2 USD Accumulating 25.21 -0.02 -0.08 26.70 20.97 - LU0383940458 - -
Class I3 Hedged GBP Monthly 6.31 -0.01 -0.16 7.06 5.44 - LU0995336418 - -
I2 EUR Accumulating 21.35 -0.05 -0.23 24.48 19.45 - LU1559746307 - -
X2 Hgd GBP Accumulating 9.79 -0.01 -0.10 10.50 8.17 - LU1505939139 - -
A2 Hgd EUR Accumulating 7.30 -0.01 -0.14 7.91 6.16 - LU0359002093 - -
A1 EUR Daily 3.05 -0.01 -0.33 3.62 2.86 - LU0278461065 - -
D2 CHF Accumulating 22.81 -0.08 -0.35 26.08 20.58 - LU1065150267 - -
I5 EUR Quarterly 7.57 -0.02 -0.26 9.05 7.07 - LU0995350831 - -
A8 Hgd AUD Monthly 6.31 -0.01 -0.16 7.15 5.49 - LU1133072774 - -
D2 Hgd EUR Accumulating 7.49 -0.01 -0.13 8.09 6.30 - LU0622213642 - -
A2 USD Accumulating 23.63 -0.02 -0.08 25.12 19.72 - LU0278470058 - -
A3 HKD Monthly 28.20 -0.03 -0.11 31.17 24.14 - LU0388349754 - -
A2 Hgd SEK Accumulating 86.81 -0.09 -0.10 94.00 73.09 - LU1715605868 - -
A4 EUR Annual 12.22 -0.03 -0.24 14.75 11.71 - LU0478974834 - -
A2 EUR Accumulating 19.96 -0.05 -0.25 22.99 18.26 - LU0278457204 - -
A3 EUR Monthly 3.07 -0.01 -0.32 3.64 2.88 - LU0278457469 - -
I2 GBP - 19.35 0.04 0.21 20.55 17.54 - LU1741217027 - -
A6 Hgd SGD Monthly 7.16 -0.01 -0.14 8.11 6.25 - LU1676225185 - -
I2 CHF - 22.87 -0.09 -0.39 26.11 20.62 - LU1781817694 - -
D5 GBP Quarterly 8.14 0.02 0.25 9.06 7.56 - LU1694209807 - -
Class E5 Hedged EUR Quarterly 5.92 -0.01 -0.17 6.65 5.09 - LU1062843260 - -
D3 USD Monthly 15.05 -0.02 -0.13 16.55 12.88 - LU0523291242 - -
A3 USD Monthly 3.64 0.00 0.00 4.00 3.11 - LU0278470132 - -
A6 USD Monthly 7.91 -0.01 -0.13 8.86 6.87 - LU1408528211 - -
D2 EUR Accumulating 21.30 -0.04 -0.19 24.44 19.42 - LU0329592702 - -
D3 Hgd AUD Monthly 5.95 -0.01 -0.17 6.67 5.13 - LU0827884841 - -
D3 EUR Monthly 12.71 -0.03 -0.24 15.07 11.92 - LU0827884924 - -
D2 Hgd GBP Accumulating 14.06 -0.01 -0.07 15.15 11.78 - LU0827885491 - -
C2 EUR Accumulating 16.81 -0.04 -0.24 19.53 15.49 - LU0278457972 - -
D4 EUR Annual 12.25 -0.02 -0.16 14.80 11.76 - LU0827885145 - -
C1 USD Daily 3.61 0.00 0.00 3.97 3.08 - LU0278478119 - -
I2 USD Accumulating 25.28 -0.02 -0.08 26.74 21.01 - LU0520955575 - -
I2 Hgd EUR Accumulating 7.74 -0.01 -0.13 8.34 6.50 - LU0473186707 - -
D3 HKD Monthly 116.65 -0.11 -0.09 128.96 99.87 - LU0827885061 - -
D2 Hgd PLN Accumulating 9.96 -0.01 -0.10 10.71 8.34 - LU0827884684 - -
D2 Hgd SGD Accumulating 8.51 -0.01 -0.12 9.10 7.10 - LU0827884767 - -
E2 EUR Accumulating 18.64 -0.04 -0.21 21.54 17.09 - LU0278459671 - -
E2 USD Accumulating 22.06 -0.03 -0.14 23.55 18.46 - LU0374975414 - -
A6 Hgd GBP Monthly 7.27 -0.01 -0.14 8.30 6.37 - LU1408528302 - -
A3 Hgd AUD Monthly 5.96 0.00 0.00 6.67 5.13 - LU0575500318 - -
Class X5 Hedged GBP - 9.14 0.00 -0.01 10.25 7.83 - LU1954752702 - -
D4 USD Annual 14.50 -0.01 -0.07 16.17 12.70 - LU0827885228 - -
A2 CZK Accumulating 544.18 -0.66 -0.12 573.35 507.04 - LU1791177113 - -
A8 Hgd NZD Monthly 7.86 -0.01 -0.13 8.90 6.84 - LU1408528724 - -
A2 Hgd PLN Accumulating 9.57 -0.01 -0.10 10.33 8.04 - LU0480535052 - -
X2 USD Accumulating 7.16 0.00 0.00 7.54 5.93 - LU0344905624 - -
Class AI2 EUR - 9.65 -0.02 -0.21 11.11 8.83 - LU1960220587 - -
A2 Hgd CHF Accumulating 7.13 -0.01 -0.14 7.72 6.01 - LU0623004180 - -
E2 Hgd EUR Accumulating 6.93 0.00 0.00 7.53 5.85 - LU0474536231 - -
A6 Hgd CAD Monthly 7.75 -0.01 -0.13 8.79 6.78 - LU1408528641 - -
X2 EUR Accumulating 6.05 -0.01 -0.17 6.91 5.49 - LU0531082021 - -
A6 Hgd HKD Monthly 78.69 -0.08 -0.10 88.22 68.40 - LU1408528484 - -

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