Fixed Income

BGF Emerging Markets Local Currency Bond Fund

Overview

Loading

Performance

Performance

  • Returns

  From
31-Mar-2014
To
31-Mar-2015
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
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2019

-9.89 0.31 7.75 11.98 -12.66
Benchmark (%) Index: JP Morgan GBI-EM Global Diversified Index<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, 2019

-11.14 -1.65 5.47 12.99 -7.58
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

Distributions

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Jun 17, 2019 USD 4,321.991
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Aug 9, 2010
Asset Class Fixed Income
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.
ISIN LU0523291242
Bloomberg Ticker BGFLED3
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B40T0W6
Bloomberg Benchmark Ticker ELMIPLUS
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 100000
Minimum Subsequent Investment USD 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of May 31, 2019 9.91
5y Volatility - Benchmark as of May 31, 2019 10.88
5y Beta as of May 31, 2019 1.042

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Emerging Markets Local Currency Bond Fund, Class D3, as of May 31, 2019 rated against 663 Global Emerging Markets Bond - Local Currency Funds.

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of May 31, 2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 4.66
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2021 4.32
POLAND (REPUBLIC OF) 3.25 07/25/2025 2.43
POLAND (REPUBLIC OF) 0 07/25/2020 2.25
HUNGARY (REPUBLIC OF) 3 06/26/2024 2.19
Name Weight (%)
TREASURY NOTE 2.25 03/31/2020 2.12
COLOMBIA REPUBLIC OF (GOVERNMENT) 10 07/24/2024 1.89
MEXICO (UNITED MEXICAN STATES) 8 06/11/2020 1.84
POLAND (REPUBLIC OF) 5.25 10/25/2020 1.83
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.76
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% 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
D3 USD Monthly 15.95 -0.01 -0.06 16.77 14.72 - LU0523291242 - -
I5 USD Quarterly 9.60 -0.01 -0.10 10.01 8.89 - LU1495982867 - -
A2 Hgd EUR Accumulating 7.55 0.00 0.00 7.80 6.89 - LU0359002093 - -
C2 USD Accumulating 20.18 -0.02 -0.10 20.45 18.11 - LU0278476923 - -
X2 GBP Accumulating 5.58 0.01 0.18 5.58 4.77 - LU1688375267 - -
D2 USD Accumulating 24.97 -0.01 -0.04 25.11 22.10 - LU0383940458 - -
A8 Hgd AUD Monthly 7.00 -0.01 -0.14 7.62 6.65 - LU1133072774 - -
X2 Hgd GBP Accumulating 9.89 0.00 0.00 9.99 8.85 - LU1505939139 - -
I5 EUR Quarterly 8.55 0.00 0.00 8.58 7.64 - LU0995350831 - -
A2 CHF Accumulating 23.52 0.03 0.13 23.74 20.35 - LU0938162186 - -
D2 Hgd CHF Accumulating 8.82 0.00 0.00 9.09 8.05 - LU1688375184 - -
Class AI5 EUR - - - - - - - LU1960220660 - -
A2 Hgd SGD Accumulating 8.25 -0.01 -0.12 8.35 7.39 - LU0358998713 - -
I2 EUR Accumulating 22.23 0.00 0.00 22.23 19.00 - LU1559746307 - -
Class I3 Hedged GBP Monthly 6.88 -0.01 -0.15 7.37 6.46 - LU0995336418 - -
I2 GBP - 19.84 0.04 0.20 19.84 17.03 - LU1741217027 - -
Class S3 Hedged GBP - 10.39 -0.01 -0.10 10.71 10.00 - LU1911699996 - -
A1 EUR Daily 3.40 -0.01 -0.29 3.43 3.04 - LU0278461065 - -
D2 CHF Accumulating 24.92 0.03 0.12 25.13 21.48 - LU1065150267 - -
A1 USD Daily 3.83 0.00 0.00 4.01 3.54 - LU0278477574 - -
D3 Hgd GBP Monthly 6.86 0.00 0.00 7.34 6.43 - LU0995345831 - -
X2 AUD Accumulating 10.23 0.02 0.20 10.23 8.61 - LU1554267051 - -
D2 Hgd EUR Accumulating 7.69 -0.01 -0.13 7.91 6.99 - LU0622213642 - -
A4 EUR Annual 14.13 0.00 0.00 14.53 12.14 - LU0478974834 - -
A3 EUR Monthly 3.43 0.00 0.00 3.47 3.06 - LU0278457469 - -
A3 HKD Monthly 30.20 0.00 0.00 31.80 27.93 - LU0388349754 - -
I2 CHF - 24.93 0.02 0.08 25.14 21.47 - LU1781817694 - -
A4 USD Annual 15.88 -0.01 -0.06 16.99 14.11 - LU0548402170 - -
Class E5 Hedged EUR Quarterly 6.56 0.00 0.00 7.06 6.23 - LU1062843260 - -
A2 Hgd SEK Accumulating 89.58 -0.05 -0.06 92.77 81.81 - LU1715605868 - -
A2 EUR Accumulating 20.96 -0.01 -0.05 20.97 18.01 - LU0278457204 - -
A2 USD Accumulating 23.56 -0.01 -0.04 23.74 20.93 - LU0278470058 - -
D5 GBP Quarterly 9.05 0.02 0.22 9.06 8.10 - LU1694209807 - -
A3 USD Monthly 3.86 0.00 0.00 4.05 3.56 - LU0278470132 - -
C1 USD Daily 3.82 -0.01 -0.26 4.01 3.53 - LU0278478119 - -
I2 USD Accumulating 24.98 -0.01 -0.04 25.11 22.08 - LU0520955575 - -
A6 Hgd SGD Monthly 7.93 0.00 0.00 8.63 7.54 - LU1676225185 - -
D2 EUR Accumulating 22.21 -0.01 -0.05 22.22 19.01 - LU0329592702 - -
D3 EUR Monthly 14.19 -0.01 -0.07 14.34 12.66 - LU0827884924 - -
D4 EUR Annual 14.20 -0.01 -0.07 14.63 12.15 - LU0827885145 - -
D3 Hgd AUD Monthly 6.48 0.00 0.00 6.88 6.02 - LU0827884841 - -
C2 EUR Accumulating 17.96 0.00 0.00 17.96 15.58 - LU0278457972 - -
I2 Hgd EUR Accumulating 7.93 0.00 0.00 8.14 7.19 - LU0473186707 - -
D2 Hgd PLN Accumulating 10.07 -0.01 -0.10 10.19 9.01 - LU0827884684 - -
D2 Hgd GBP Accumulating 14.33 -0.01 -0.07 14.57 12.90 - LU0827885491 - -
E2 USD Accumulating 22.15 -0.01 -0.05 22.36 19.76 - LU0374975414 - -
A6 USD Monthly 8.63 0.00 0.00 9.31 8.14 - LU1408528211 - -
D3 HKD Monthly 124.93 -0.01 -0.01 131.60 115.55 - LU0827885061 - -
D2 Hgd SGD Accumulating 8.54 -0.01 -0.12 8.62 7.62 - LU0827884767 - -
E2 EUR Accumulating 19.70 -0.01 -0.05 19.71 17.00 - LU0278459671 - -
A6 Hgd GBP Monthly 8.18 0.00 0.00 9.00 7.85 - LU1408528302 - -
A8 Hgd NZD Monthly 8.70 -0.01 -0.11 9.46 8.26 - LU1408528724 - -
Class X5 Hedged GBP - 10.08 -0.01 -0.10 10.12 9.76 - LU1954752702 - -
X2 USD Accumulating 7.03 0.00 0.00 7.05 6.19 - LU0344905624 - -
A2 CZK Accumulating 535.64 0.36 0.07 535.81 463.69 - LU1791177113 - -
Class AI2 EUR - 10.13 -0.01 -0.10 10.14 9.83 - LU1960220587 - -
A3 Hgd AUD Monthly 6.48 -0.01 -0.15 6.88 6.02 - LU0575500318 - -
X2 EUR Accumulating 6.25 0.00 0.00 6.25 5.32 - LU0531082021 - -
A2 Hgd PLN Accumulating 9.74 0.00 0.00 9.89 8.75 - LU0480535052 - -
D4 USD Annual 15.96 -0.01 -0.06 17.10 14.13 - LU0827885228 - -
E2 Hgd EUR Accumulating 7.21 0.00 0.00 7.47 6.60 - LU0474536231 - -
A6 Hgd CAD Monthly 8.61 0.00 0.00 9.37 8.20 - LU1408528641 - -
A6 Hgd HKD Monthly 86.11 -0.04 -0.05 93.80 81.97 - LU1408528484 - -
A2 Hgd CHF Accumulating 7.39 0.00 0.00 7.64 6.76 - LU0623004180 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Head of BlackRock Emerging Markets Fixed Income
Laurent Develay
Director, Emerging Markets Debt team within BlackRock's Portfolio Management Group

Laurent Develay

Michal Wozniak
Director, Emerging Markets Debt team within BlackRock Fundamental Fixed Income

Michal Wozniak

Literature

Literature

 

 

Receive BlackRock Insights delivered straight to your inbox.

Financial professional
I professionally manage portfolios on behalf of individual investors and provide financial advisory services. Examples of financial professionals include financial advisors, private bankers, etc.

Institutional investor
I professionally manage portfolios on behalf of institutions such as pension funds, sovereign funds, insurance companies, etc.

Individual investor
I buy and sell securities for my personal account, not for another company or organization. I am not a financial professional nor an institutional investor.