Fixed Income

BGF Global Government Bond Fund

Overview

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Performance

Performance

  • Returns

  From
31-Dec-2013
To
31-Dec-2014
From
31-Dec-2014
To
31-Dec-2015
From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Dec 31, 2018

8.01 0.02 1.70 0.64 -1.93
Benchmark (%) Index: FTSE WGBI Index 100% Hedged in USD<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 Dec 31, 2018

8.35 1.30 3.75 2.14 2.60
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
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Mar 25, 2019 USD 644.062
Base Currency U.S. Dollar
Fund Inception Date May 14, 1987
Share Class Inception Date Oct 18, 2012
Asset Class Fixed Income
Morningstar Category Global Bond - EUR Hedged
Benchmark Index FTSE WGBI Index 100% Hedged in USD
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0827881821
Bloomberg Ticker BGGD3EH
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B89LH86
Bloomberg Benchmark Ticker SBWGC
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 Feb 28, 2019 2.66
5y Volatility - Benchmark as of Feb 28, 2019 2.80
5y Beta as of Feb 28, 2019 0.893

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Government Bond Fund, Class D3 Hedged, as of Feb 28, 2019 rated against 409 Global Bond - EUR Hedged Funds.

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Feb 28, 2019
Name Weight (%)
JAPAN (GOVERNMENT OF) 10YR #318 1 09/20/2021 2.46
TREASURY NOTE 2.375 01/31/2023 1.74
JAPAN (GOVERNMENT OF) 30YR #54 0.8 03/20/2047 1.65
TREASURY NOTE 2 10/31/2022 1.57
JAPAN (GOVERNMENT OF) 20YR #130 1.8 09/20/2031 1.51
Name Weight (%)
FRANCE (REPUBLIC OF) RegS 0 05/25/2021 1.44
TREASURY NOTE 1.5 02/28/2023 1.32
FRANCE (REPUBLIC OF) RegS 0.5 05/25/2025 1.31
ISHARES J.P. MORGAN $ EMER MKTS BD 1.16
TREASURY NOTE 2.75 11/30/2020 1.15
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 2019

% of Market Value

Type Fund Benchmark Net
as of Feb 28, 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 18.43 0.02 0.11 18.60 17.77 - LU0827881821 - -
X2 Hgd EUR Accumulating 10.88 0.01 0.09 10.88 10.42 - LU1083813532 - -
A3 Hgd HKD Monthly 98.80 0.10 0.10 98.80 94.46 - LU1484781478 - -
E2 USD Accumulating 26.76 0.02 0.07 26.76 25.43 - LU0090845412 - -
X2 Hgd NOK - 103.01 0.10 0.10 103.01 98.02 - LU1806518707 - -
X2 Hgd SEK Accumulating 99.29 0.10 0.10 99.29 95.12 - LU1495984053 - -
X2 USD Accumulating 10.66 0.01 0.09 10.66 10.06 - LU0462857607 - -
D3 USD Monthly 20.97 0.02 0.10 20.97 19.94 - LU0827882043 - -
D2 USD Accumulating 30.39 0.02 0.07 30.39 28.77 - LU0540001038 - -
C2 USD Accumulating 22.78 0.02 0.09 22.78 21.72 - LU0147382310 - -
C1 USD Daily 19.49 0.01 0.05 19.49 18.59 - LU0331285410 - -
D2 Hgd EUR Accumulating 26.88 0.03 0.11 26.88 25.81 - LU0329591563 - -
C2 Hgd EUR Accumulating 19.93 0.01 0.05 20.22 19.28 - LU0297943838 - -
A1 USD Daily 20.90 0.02 0.10 20.90 19.88 - LU0118256485 - -
I2 USD Accumulating 10.70 0.01 0.09 10.70 10.12 - LU1567964413 - -
A3 Hgd GBP Monthly 9.76 0.01 0.10 9.76 9.36 - LU1484781395 - -
I4 Hgd EUR - 10.09 0.01 0.10 10.09 9.68 - LU1811366183 - -
A2 USD Accumulating 29.47 0.02 0.07 29.47 27.95 - LU0006061385 - -
A3 USD Monthly 20.94 0.02 0.10 20.94 19.91 - LU0172412149 - -
E2 Hgd EUR Accumulating 23.29 0.02 0.09 23.44 22.45 - LU0297944059 - -
A2 Hgd EUR Accumulating 25.74 0.02 0.08 25.79 24.76 - LU0297942863 - -
A1 Hgd EUR Daily 18.56 0.02 0.11 18.73 17.90 - LU0297940495 - -
C1 Hgd EUR Daily 17.50 0.01 0.06 17.75 16.93 - LU0297940818 - -
A3 Hgd EUR Monthly 18.41 0.02 0.11 18.57 17.75 - LU0297943168 - -
C3 USD Monthly 20.45 0.01 0.05 20.45 19.50 - LU0172412495 - -

Portfolio Managers

Portfolio Managers

Bob Miller
Managing Director, Head of U.S. Multi-Sector Fixed Income

  

Aidan Doyle (FI)
Aidan Doyle (FI)

Literature

Literature