Fixed Income

BGF Global High Yield Bond Fund

Overview

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Performance

Performance

  • Returns

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
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Key Facts

Key Facts

Size of Fund (Millions) as of Apr 18, 2019 USD 1,285.317
Base Currency U.S. Dollar
Fund Inception Date May 16, 2003
Share Class Inception Date Sep 27, 2012
Asset Class Fixed Income
Morningstar Category Global High Yield Bond - EUR Hedged
Benchmark Index ICE BofAML Global High Yield Constrained (HW0C) 100% USD Hedged Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0827882472
Bloomberg Ticker BGHD3EH
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B8199L5
Bloomberg Benchmark Ticker MLGHYCUSH
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 100000
Minimum Subsequent Investment EUR 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Mar 31, 2019 4.10
5y Volatility - Benchmark as of Mar 31, 2019 5.06
5y Beta as of Mar 31, 2019 1.003

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global High Yield Bond Fund, Class D3 Hedged, as of Mar 31, 2019 rated against 416 Global High Yield Bond - EUR 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 Oct 17, 2018)

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Mar 29, 2019
Name Weight (%)
TRANSDIGM INC 144A 6.25 03/15/2026 1.42
BLACKSTONE CQP HOLDCO LP 144A 6.5 03/20/2021 1.17
ALLY FINANCIAL INC 8 11/01/2031 0.55
CLEAR CHANNEL WORLDWIDE HOLDINGS I 144A 9.25 02/15/2024 0.53
HD SUPPLY INC 144A 5.375 10/15/2026 0.48
Name Weight (%)
GMAC CAPITAL TRUST I 8.46875 02/15/2040 0.48
BWAY HOLDING CO RegS 4.75 04/15/2024 0.47
FINANCIAL & RISK US HOLDINGS INC 144A 6.25 05/15/2026 0.47
CCO HOLDINGS LLC 144A 5.125 05/01/2027 0.45
CENTENE CORPORATION 144A 5.375 06/01/2026 0.45
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 2019

% of Market Value

Type Fund Benchmark Net
as of Mar 29, 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 Hgd EUR Monthly 5.23 0.00 0.00 5.45 4.95 - LU0827882472 - -
C1 Hgd EUR Daily 5.36 -0.01 -0.19 5.59 5.09 - LU0147394323 - -
Class E5 Hedged EUR Quarterly 10.33 -0.01 -0.10 10.77 9.78 - LU0500207039 - -
A8 Hgd CNH - 104.54 -0.04 -0.04 104.58 98.71 - LU1919856135 - -
C2 Hgd EUR Accumulating 13.33 -0.01 -0.07 13.45 12.53 - LU0147394596 - -
C2 USD Accumulating 21.98 -0.01 -0.05 21.99 20.45 - LU0331284447 - -
A1 EUR Daily 5.24 -0.01 -0.19 5.47 4.98 - LU0118259661 - -
A1 USD Daily 7.91 0.00 0.00 7.99 7.43 - LU0171284770 - -
E2 Hgd EUR Accumulating 15.17 -0.01 -0.07 15.19 14.22 - LU0093505864 - -
X2 USD Accumulating 10.62 0.00 0.00 10.62 9.80 - LU0580566189 - -
D5 Hgd GBP Quarterly 9.08 0.00 0.00 9.36 8.56 - LU1072327023 - -
D2 USD Accumulating 26.95 -0.01 -0.04 26.96 24.93 - LU0297941899 - -
A2 Hgd EUR Accumulating 16.76 -0.01 -0.06 16.77 15.68 - LU0093504206 - -
A8 Hgd AUD Monthly 6.79 0.00 0.00 7.02 6.42 - LU0871640040 - -
D2 Hgd EUR Accumulating 17.74 -0.01 -0.06 17.75 16.57 - LU0368267034 - -
X2 Hgd EUR Accumulating 20.10 -0.02 -0.10 20.12 18.73 - LU0147394752 - -
A2 Hgd PLN Accumulating 14.03 -0.01 -0.07 14.04 13.05 - LU0849758007 - -
A2 Hgd SEK Accumulating 13.24 -0.01 -0.08 13.25 12.39 - LU0797429023 - -
A6 Hgd SGD Monthly 9.87 0.00 0.00 10.06 9.34 - LU1830001522 - -
D2 Hgd GBP Accumulating 19.14 -0.01 -0.05 19.15 17.83 - LU0372548783 - -
Class AI2 Hedged EUR - 10.07 -0.01 -0.10 10.08 10.00 - LU1960223250 - -
E2 EUR Accumulating 20.42 0.09 0.44 20.42 18.02 - LU0628613712 - -
I2 USD Accumulating 27.12 -0.01 -0.04 27.13 25.07 - LU0369584726 - -
A3 Hgd EUR Monthly 5.20 0.00 0.00 5.42 4.93 - LU0172401704 - -
D3 USD Monthly 8.01 0.00 0.00 8.09 7.52 - LU0827882126 - -
A5 EUR Quarterly 10.92 0.05 0.46 10.92 10.03 - LU1125545993 - -
Class AI5 Hedged EUR - - - - - - - LU1960223334 - -
A2 Hgd GBP Accumulating 18.21 -0.01 -0.05 18.22 16.99 - LU0567554463 - -
Class X8 Hedged AUD Monthly 9.70 0.00 0.00 9.87 9.13 - LU1258857488 - -
A8 Hgd ZAR Monthly 90.11 -0.01 -0.01 92.59 84.88 - LU1023055319 - -
A3 USD Monthly 7.96 -0.01 -0.13 8.05 7.48 - LU0172401969 - -
I3 USD Monthly 10.37 0.00 0.00 10.48 9.74 - LU0764819032 - -
A6 Hgd HKD Monthly 52.45 -0.03 -0.06 54.48 49.70 - LU0784402520 - -
I2 Hgd EUR - 10.26 0.00 0.00 10.26 9.57 - LU1791806000 - -
I2 Hgd CAD Accumulating 12.20 -0.01 -0.08 12.21 11.32 - LU1153585705 - -
E2 USD Accumulating 22.97 -0.01 -0.04 22.98 21.32 - LU0171285157 - -
C1 USD Daily 8.10 -0.01 -0.12 8.19 7.62 - LU0331284363 - -
X4 Hgd EUR Annual 9.25 -0.01 -0.11 9.63 8.62 - LU0984200880 - -
A6 USD Monthly 6.95 0.00 0.00 7.15 6.56 - LU0764618640 - -
A2 USD Accumulating 25.36 -0.01 -0.04 25.37 23.51 - LU0171284937 - -

Portfolio Managers

Portfolio Managers

James Keenan
Managing Director, Chief Investment Officer and Global Co-Head of Credit

 James E. Keenan

Jose Aguilar
Jose Aguilar
David Delbos
Co-Head of US High Yield, Global Credit

David Delbos

Mitchell Garfin
Co-Head of US High Yield, Global Credit

Mitchell Garfin

James Turner
James Turner

Literature

Literature

 

 

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