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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 18, 2020 USD 2,416.385
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 LU0278459671
Bloomberg Ticker MLLEEE2
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL B1PGTQ8
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 1.162

Ratings

Risk Indicator

Risk Indicator

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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
E2 EUR Accumulating 18.92 0.00 0.00 21.54 17.09 - LU0278459671 - -
I5 EUR Quarterly 7.78 0.01 0.13 9.05 7.07 - LU0995350831 - -
A2 CHF Accumulating 21.83 0.07 0.32 24.56 19.35 - LU0938162186 - -
C2 USD Accumulating 20.22 0.05 0.25 21.37 16.73 - LU0278476923 - -
A2 Hgd SGD Accumulating 8.28 0.02 0.24 8.76 6.83 - LU0358998713 - -
D2 Hgd CHF Accumulating 8.71 0.02 0.23 9.25 7.21 - LU1688375184 - -
A1 USD Daily 3.68 0.01 0.27 3.97 3.09 - LU0278477574 - -
D2 CHF Accumulating 23.28 0.08 0.34 26.08 20.58 - LU1065150267 - -
X2 Hgd GBP Accumulating 9.93 0.03 0.30 10.50 8.17 - LU1505939139 - -
D2 USD Accumulating 25.56 0.06 0.24 26.70 20.97 - LU0383940458 - -
D3 Hgd GBP Monthly 6.41 0.02 0.31 7.04 5.42 - LU0995345831 - -
I5 USD Quarterly 9.20 0.02 0.22 9.88 7.63 - LU1495982867 - -
Class AI5 EUR - 9.31 0.00 0.00 10.84 8.47 - LU1960220660 - -
A8 Hgd AUD Monthly 6.44 0.02 0.31 7.15 5.49 - LU1133072774 - -
X2 AUD Accumulating 9.95 0.03 0.30 11.22 9.75 - LU1554267051 - -
X2 GBP Accumulating 5.60 0.00 0.00 5.88 4.95 - LU1688375267 - -
I2 EUR Accumulating 21.66 0.01 0.05 24.48 19.45 - LU1559746307 - -
A2 Hgd EUR Accumulating 7.42 0.02 0.27 7.91 6.16 - LU0359002093 - -
Class I3 Hedged GBP Monthly 6.43 0.02 0.31 7.06 5.44 - LU0995336418 - -
Class S3 Hedged GBP - 9.71 0.02 0.21 10.67 8.21 - LU1911699996 - -
A1 EUR Daily 3.11 0.00 0.00 3.62 2.86 - LU0278461065 - -
A3 EUR Monthly 3.13 0.00 0.00 3.64 2.88 - LU0278457469 - -
A4 USD Annual 14.68 0.04 0.27 16.12 12.65 - LU0548402170 - -
I2 GBP - 19.79 -0.01 -0.05 20.87 17.54 - LU1741217027 - -
A2 EUR Accumulating 20.26 0.01 0.05 22.99 18.26 - LU0278457204 - -
A2 USD Accumulating 23.97 0.06 0.25 25.12 19.72 - LU0278470058 - -
I2 CHF - 23.34 0.08 0.34 26.11 20.62 - LU1781817694 - -
D2 Hgd EUR Accumulating 7.61 0.02 0.26 8.09 6.30 - LU0622213642 - -
A2 Hgd SEK Accumulating 88.17 0.21 0.24 94.00 73.09 - LU1715605868 - -
A3 USD Monthly 3.70 0.00 0.00 4.00 3.11 - LU0278470132 - -
Class E5 Hedged EUR Quarterly 6.07 0.01 0.17 6.65 5.09 - LU1062843260 - -
A6 Hgd SGD Monthly 7.31 0.02 0.27 8.11 6.25 - LU1676225185 - -
D5 GBP Quarterly 8.43 0.00 0.00 9.28 7.56 - LU1694209807 - -
D3 EUR Monthly 12.95 0.01 0.08 15.07 11.92 - LU0827884924 - -
D3 USD Monthly 15.32 0.03 0.20 16.55 12.88 - LU0523291242 - -
A4 EUR Annual 12.40 0.00 0.00 14.75 11.71 - LU0478974834 - -
C2 EUR Accumulating 17.08 0.00 0.00 19.53 15.49 - LU0278457972 - -
D2 EUR Accumulating 21.60 0.01 0.05 24.44 19.42 - LU0329592702 - -
A6 USD Monthly 8.07 0.02 0.25 8.86 6.87 - LU1408528211 - -
D3 Hgd AUD Monthly 6.07 0.02 0.33 6.67 5.13 - LU0827884841 - -
A3 HKD Monthly 28.71 0.07 0.24 31.17 24.14 - LU0388349754 - -
I2 USD Accumulating 25.63 0.06 0.23 26.74 21.01 - LU0520955575 - -
D2 Hgd PLN Accumulating 10.11 0.02 0.20 10.71 8.34 - LU0827884684 - -
D4 EUR Annual 12.42 0.00 0.00 14.80 11.76 - LU0827885145 - -
E2 USD Accumulating 22.39 0.05 0.22 23.55 18.46 - LU0374975414 - -
C1 USD Daily 3.67 0.00 0.00 3.97 3.08 - LU0278478119 - -
I2 Hgd EUR Accumulating 7.86 0.02 0.26 8.34 6.50 - LU0473186707 - -
D2 Hgd SGD Accumulating 8.63 0.02 0.23 9.10 7.10 - LU0827884767 - -
D2 Hgd GBP Accumulating 14.27 0.03 0.21 15.15 11.78 - LU0827885491 - -
D3 HKD Monthly 118.75 0.29 0.24 128.96 99.87 - LU0827885061 - -
A6 Hgd GBP Monthly 7.43 0.02 0.27 8.30 6.37 - LU1408528302 - -
Class AI2 EUR - 9.79 0.00 0.00 11.11 8.83 - LU1960220587 - -
A8 Hgd NZD Monthly 8.01 0.02 0.25 8.90 6.84 - LU1408528724 - -
A6 Hgd HKD Monthly 80.29 0.19 0.24 88.22 68.40 - LU1408528484 - -
D4 USD Annual 14.70 0.04 0.27 16.17 12.70 - LU0827885228 - -
A3 Hgd AUD Monthly 6.07 0.02 0.33 6.67 5.13 - LU0575500318 - -
X2 USD Accumulating 7.25 0.01 0.14 7.54 5.93 - LU0344905624 - -
Class X5 Hedged GBP - 9.39 0.02 0.21 10.25 7.83 - LU1954752702 - -
X2 EUR Accumulating 6.13 0.00 0.00 6.91 5.49 - LU0531082021 - -
E2 Hgd EUR Accumulating 7.04 0.02 0.28 7.53 5.85 - LU0474536231 - -
A2 CZK Accumulating 541.20 -0.53 -0.10 573.35 507.04 - LU1791177113 - -
A6 Hgd CAD Monthly 7.91 0.02 0.25 8.79 6.78 - LU1408528641 - -
A2 Hgd CHF Accumulating 7.25 0.02 0.28 7.72 6.01 - LU0623004180 - -
A2 Hgd PLN Accumulating 9.72 0.03 0.31 10.33 8.04 - LU0480535052 - -

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