Fixed Income

BGF World 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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Reinvestments

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

6.83 -0.33 -1.64 9.45 3.51
Benchmark (%)

as of Sep 30, 2020

6.54 -0.17 0.82 10.65 4.14
  1Y 3Y 5Y 10y Incept.
3.51 3.67 3.48 - 3.77
Benchmark (%)

as of Sep 30, 2020

4.14 5.12 4.32 - 3.87
  YTD 1m 3M 1Y 3Y 5Y 10y Incept.
4.15 0.44 1.65 3.51 11.43 18.65 - 35.50
Benchmark (%)

as of Sep 30, 2020

4.65 0.37 0.73 4.14 16.17 23.56 - 36.66
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 30, 2020 USD 1,403.475
12m Trailing Yield -
Number of Holdings as of Sep 30, 2020 1661
Base Currency U.S. Dollar
Fund Inception Date Sep 4, 1985
Share Class Inception Date Jul 11, 2012
Asset Class Fixed Income
Morningstar Category Global Bond - GBP Hedged
Benchmark Index BBG Barc Global Aggregate Index (USD Hedged)
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
Ongoing Charge 0.07%
ISIN LU0757589873
Bloomberg Ticker BGWX2SH
Annual Management Fee 0.00%
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL B7PGB42
Bloomberg Benchmark Ticker LEGATRUH
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment GBP 10000000
Minimum Subsequent Investment GBP 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Yield to Worst as of Sep 30, 2020 2.02%
Modified Duration as of Sep 30, 2020 8.55 yrs
Effective Duration as of Sep 30, 2020 7.94 yrs
Weighted Avg Maturity as of Sep 30, 2020 8.97 yrs
3y Volatility - Benchmark as of Sep 30, 2020 2.90
3y Beta as of Sep 30, 2020 1.289
5y Volatility - Benchmark as of Sep 30, 2020 2.78
5y Beta as of Sep 30, 2020 1.157
WAL to Worst as of Sep 30, 2020 8.97 yrs

Ratings

Ratings

Morningstar Rating

4
Overall Morningstar Rating for BGF World Bond Fund, Class X2 Hedged, as of Sep 30, 2020 rated against 175 Global Bond - GBP Hedged Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective Jan 16, 2019)

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 (%)
TREASURY NOTE 0.125 08/31/2022 3.48
UMBS 30YR TBA(REG A) 3.28
WI TREASURY (CPI) NOTE 0.125 04/15/2025 1.65
TREASURY (CPI) NOTE 0.5 04/15/2024 1.58
GNMA2 30YR TBA(REG C) 1.19
Name Weight (%)
CANADA (GOVERNMENT OF) 0.5 09/01/2025 0.77
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.68 05/21/2030 0.72
AUSTRALIA (COMMONWEALTH OF) 3 03/21/2047 0.65
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.41 06/19/2025 0.65
ITALY (REPUBLIC OF) 2.45 09/01/2050 0.63
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
X2 Hgd GBP Accumulating 13.59 -0.03 -0.22 13.63 12.17 - LU0757589873 - -
A3 USD Monthly 61.50 -0.16 -0.26 61.89 55.48 - LU0184696853 - -
A2 USD Accumulating 85.70 -0.15 -0.17 86.05 76.76 - LU0184696937 - -
I2 USD Accumulating 11.74 -0.02 -0.17 11.77 10.47 - LU1087925589 - -
X2 Hgd NZD Accumulating 12.83 -0.02 -0.16 12.86 11.46 - LU1288049783 - -
D2 USD Accumulating 90.44 -0.16 -0.18 90.73 80.82 - LU0297941972 - -
X2 Hgd CHF Accumulating 15.36 -0.03 -0.19 15.42 13.81 - LU0372548510 - -
X2 USD Accumulating 97.38 -0.16 -0.16 97.60 86.70 - LU0184697158 - -
E2 USD Accumulating 78.96 -0.13 -0.16 79.37 70.94 - LU0184697075 - -
C1 USD Daily 61.98 -0.11 -0.18 62.41 55.94 - LU0184697588 - -
X2 Hgd EUR Accumulating 218.32 -0.38 -0.17 219.11 195.98 - LU0692855462 - -
A2 Hgd EUR Accumulating 199.94 -0.35 -0.17 201.35 180.57 - LU0330917880 - -
X2 Hgd NOK Accumulating 14.64 -0.02 -0.14 14.68 13.11 - LU0739658705 - -
D3 USD Monthly 61.57 -0.19 -0.31 61.97 55.56 - LU0827888321 - -
A6 Hgd SGD Monthly 10.66 -0.04 -0.37 10.85 9.74 - LU1830001282 - -
A2 Hgd GBP Accumulating 12.48 -0.02 -0.16 12.56 11.24 - LU0808759830 - -
E2 EUR Accumulating 67.59 -0.12 -0.18 71.21 65.63 - LU0277197678 - -
D2 Hgd CHF Accumulating 10.86 -0.01 -0.09 10.92 9.79 - LU0308772333 - -
X2 Hgd DKK Accumulating 123.09 -0.21 -0.17 123.37 109.76 - LU0862984498 - -
A1 USD Daily 61.66 -0.11 -0.18 62.03 55.56 - LU0012053665 - -
D2 Hgd EUR Accumulating 206.25 -0.36 -0.17 207.28 185.84 - LU0827888594 - -
A8 Hgd CNH Monthly 108.26 -0.49 -0.45 109.01 98.01 - LU1529944784 - -
D2 Hgd GBP Accumulating 12.57 -0.02 -0.16 12.62 11.29 - LU0871639547 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Chief Investment Officer, Global Fixed Income

Rick Rieder, Managing Director, is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Global Allocation Investment Team in the Multi-Asset Strategies Group, a member of BlackRock's Global Operating Committee and Chairman of the firm-wide BlackRock Investment Council.

Russell Brownback
Russell Brownback
Aidan Doyle (FI)
Aidan Doyle (FI)
Trevor Slaven
Trevor Slaven

Literature

Literature