Fixed Income

BGF Global Government 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.
Show Fewer
Loading

Performance

Performance

  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
From
31-Mar-2019
To
31-Mar-2020
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Mar 31, 2020

1.24 -1.35 0.58 0.25 2.95
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 Mar 31, 2020

3.07 -0.07 2.74 4.78 8.89
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 Jul 7, 2020 USD 921.837
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 May 31, 2020 3.17
5y Volatility - Benchmark as of May 31, 2020 3.23
5y Beta as of May 31, 2020 0.927

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Government Bond Fund, Class D3 Hedged, as of Jun 30, 2020 rated against 412 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 Jun 30, 2020
Name Weight (%)
TREASURY NOTE 0.125 05/31/2022 4.88
TREASURY NOTE 0.375 03/31/2022 3.36
UMBS 30YR TBA(REG A) 1.99
JAPAN (GOVERNMENT OF) 5YR #131 0.1 03/20/2022 1.33
TREASURY (CPI) NOTE 0.125 10/15/2024 1.18
Name Weight (%)
FRANCE (REPUBLIC OF) 0 02/25/2022 1.00
JAPAN (GOVERNMENT OF) 5YR #132 0.1 06/20/2022 1.00
SPAIN (KINGDOM OF) 0.5 04/30/2030 0.98
JAPAN (GOVERNMENT OF) 5YR #137 0.1 09/20/2023 0.96
JAPAN (GOVERNMENT OF) 30YR #54 0.8 03/20/2047 0.95
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 30, 2020

% of Market Value

Type Fund Benchmark Net
as of Jun 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
D3 Hgd EUR Monthly 19.29 0.03 0.16 19.63 18.36 - LU0827881821 - -
A1 USD Daily 22.64 0.03 0.13 22.90 21.43 - LU0118256485 - -
E2 USD Accumulating 29.07 0.04 0.14 29.41 27.53 - LU0090845412 - -
X2 USD Accumulating 11.79 0.02 0.17 11.87 11.03 - LU0462857607 - -
C2 USD Accumulating 24.51 0.04 0.16 24.85 23.26 - LU0147382310 - -
X2 Hgd EUR Accumulating 11.64 0.02 0.17 11.79 11.03 - LU1083813532 - -
C1 USD Daily 20.97 0.03 0.14 21.27 19.90 - LU0331285410 - -
C2 Hgd EUR Accumulating 20.74 0.03 0.14 21.16 19.79 - LU0297943838 - -
D3 USD Monthly 22.70 0.04 0.18 22.96 21.49 - LU0827882043 - -
I4 Hgd EUR - 10.60 0.02 0.19 10.75 10.06 - LU1811366183 - -
D2 USD Accumulating 33.38 0.05 0.15 33.67 31.41 - LU0540001038 - -
I2 USD Accumulating 11.77 0.01 0.09 11.87 11.06 - LU1567964413 - -
A2 USD Accumulating 32.22 0.05 0.16 32.54 30.43 - LU0006061385 - -
A3 Hgd HKD Monthly 106.68 0.15 0.14 107.88 100.96 - LU1484781478 - -
X2 Hgd SEK Accumulating 106.70 0.16 0.15 107.93 100.91 - LU1495984053 - -
E2 Hgd EUR Accumulating 24.46 0.03 0.12 24.90 23.29 - LU0297944059 - -
X2 Hgd NOK - 112.35 0.17 0.15 113.84 106.11 - LU1806518707 - -
A3 USD Monthly 22.67 0.03 0.13 22.93 21.47 - LU0172412149 - -
A2 Hgd EUR Accumulating 27.21 0.04 0.15 27.66 25.87 - LU0297942863 - -
A3 Hgd GBP Monthly 10.36 0.01 0.10 10.54 9.84 - LU1484781395 - -
D2 Hgd EUR Accumulating 28.55 0.05 0.18 28.98 27.11 - LU0329591563 - -
A1 Hgd EUR Daily 19.44 0.03 0.15 19.77 18.49 - LU0297940495 - -
A3 Hgd EUR Monthly 19.27 0.03 0.16 19.61 18.34 - LU0297943168 - -
C1 Hgd EUR Daily 18.21 0.03 0.17 18.58 17.37 - LU0297940818 - -
C3 USD Monthly 22.00 0.03 0.14 22.31 20.88 - LU0172412495 - -

Portfolio Managers

Portfolio Managers

Bob Miller
Managing Director, Head of Americas Fundamental Fixed Income

Bob Miller, Managing Director, is head of Americas Fundamental Fixed Income within BlackRock's Global Fixed Income group and a member of the Global Fixed Income Executive Committee.

Aidan Doyle (FI)
Aidan Doyle (FI)

Literature

Literature