Fixed Income

BGF Emerging Markets Local Currency 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 Mar 26, 2019 USD 4,706.439
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Nov 20, 2013
Asset Class Fixed Income
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 LU0995350831
Bloomberg Ticker BGEMLI5
Initial Charge 0.00%
Performance Fee 0.00%
SEDOL BGLL702
Bloomberg Benchmark Ticker JGENVUEG
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 10000000
Minimum Subsequent Investment EUR 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Feb 28, 2019 8.24
5y Volatility - Benchmark as of Feb 28, 2019 9.36
5y Beta as of Feb 28, 2019 1.061

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Emerging Markets Local Currency Bond Fund, Class I5, as of Feb 28, 2019 rated against 654 Global Emerging Markets Bond - Local Currency Funds.

Risk Indicator

Risk Indicator

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of Feb 28, 2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 4.06
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 3.08
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2021 2.26
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 2.23
HUNGARY (REPUBLIC OF) 3 06/26/2024 2.13
Name Weight (%)
COLOMBIA REPUBLIC OF (GOVERNMENT) 10 07/24/2024 1.91
COLOMBIA (REPUBLIC OF) 7 06/30/2032 1.80
INDONESIA (REPUBLIC OF) 8.375 03/15/2024 1.76
PERU (REPUBLIC OF) RegS 6.95 08/12/2031 1.68
CZECH REPUBLIC 0.95 05/15/2030 1.63
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
I5 EUR Quarterly 8.40 0.00 0.00 9.34 7.64 - LU0995350831 - -
X2 GBP Accumulating 5.24 -0.02 -0.38 5.57 4.77 - LU1688375267 - -
D2 CHF Accumulating 24.55 0.00 0.00 26.98 21.48 - LU1065150267 - -
I2 GBP - 18.66 -0.08 -0.43 19.94 17.03 - LU1741217027 - -
D2 Hgd EUR Accumulating 7.66 -0.02 -0.26 9.01 6.99 - LU0622213642 - -
A2 CHF Accumulating 23.19 0.00 0.00 25.61 20.35 - LU0938162186 - -
D2 Hgd CHF Accumulating 8.80 -0.02 -0.23 10.36 8.05 - LU1688375184 - -
I5 USD Quarterly 9.49 -0.03 -0.32 11.46 8.89 - LU1495982867 - -
Class I3 Hedged GBP Monthly 6.93 -0.01 -0.14 8.52 6.46 - LU0995336418 - -
D2 USD Accumulating 24.69 -0.05 -0.20 28.03 22.10 - LU0383940458 - -
X2 Hgd GBP Accumulating 9.81 -0.02 -0.20 11.32 8.85 - LU1505939139 - -
Class S3 Hedged GBP - 10.46 -0.02 -0.19 10.71 10.00 - LU1911699996 - -
A1 USD Daily 3.83 -0.01 -0.26 4.60 3.54 - LU0278477574 - -
I2 EUR Accumulating 21.86 0.00 0.00 22.83 19.00 - LU1559746307 - -
A1 EUR Daily 3.39 0.00 0.00 3.75 3.04 - LU0278461065 - -
C2 USD Accumulating 20.04 -0.04 -0.20 23.14 18.11 - LU0278476923 - -
X2 AUD Accumulating 9.72 -0.07 -0.72 10.18 8.61 - LU1554267051 - -
A8 Hgd AUD Monthly 7.08 -0.02 -0.28 8.80 6.65 - LU1133072774 - -
D3 Hgd GBP Monthly 6.90 -0.01 -0.14 8.49 6.43 - LU0995345831 - -
A2 Hgd SGD Accumulating 8.18 -0.02 -0.24 9.46 7.39 - LU0358998713 - -
A2 Hgd EUR Accumulating 7.53 -0.02 -0.26 8.89 6.89 - LU0359002093 - -
A3 EUR Monthly 3.42 0.00 0.00 3.78 3.06 - LU0278457469 - -
I2 CHF - 24.55 -0.01 -0.04 26.95 21.47 - LU1781817694 - -
A3 HKD Monthly 30.31 -0.06 -0.20 36.44 27.93 - LU0388349754 - -
A6 Hgd SGD Monthly 8.01 -0.02 -0.25 9.99 7.54 - LU1676225185 - -
C2 EUR Accumulating 17.73 -0.01 -0.06 18.87 15.58 - LU0278457972 - -
A2 Hgd SEK Accumulating 89.37 -0.21 -0.23 105.79 81.81 - LU1715605868 - -
D3 EUR Monthly 14.14 0.00 0.00 15.63 12.66 - LU0827884924 - -
Class E5 Hedged EUR Quarterly 6.55 -0.02 -0.30 8.18 6.23 - LU1062843260 - -
C1 USD Daily 3.82 -0.01 -0.26 4.60 3.53 - LU0278478119 - -
A4 USD Annual 15.72 -0.04 -0.25 19.15 14.11 - LU0548402170 - -
D3 USD Monthly 15.98 -0.03 -0.19 19.21 14.72 - LU0523291242 - -
A3 USD Monthly 3.86 -0.01 -0.26 4.64 3.56 - LU0278470132 - -
A2 EUR Accumulating 20.64 -0.01 -0.05 21.70 18.01 - LU0278457204 - -
A4 EUR Annual 13.91 -0.01 -0.07 15.62 12.14 - LU0478974834 - -
I2 USD Accumulating 24.69 -0.06 -0.24 27.99 22.08 - LU0520955575 - -
D5 GBP Quarterly 8.51 -0.04 -0.47 9.68 8.10 - LU1694209807 - -
D2 Hgd GBP Accumulating 14.24 -0.03 -0.21 16.53 12.90 - LU0827885491 - -
A2 USD Accumulating 23.32 -0.06 -0.26 26.61 20.93 - LU0278470058 - -
A6 USD Monthly 8.71 -0.02 -0.23 10.72 8.14 - LU1408528211 - -
E2 EUR Accumulating 19.43 0.00 0.00 20.53 17.00 - LU0278459671 - -
D2 EUR Accumulating 21.85 -0.01 -0.05 22.86 19.01 - LU0329592702 - -
D2 Hgd SGD Accumulating 8.46 -0.02 -0.24 9.73 7.62 - LU0827884767 - -
D3 Hgd AUD Monthly 6.50 -0.02 -0.31 7.90 6.02 - LU0827884841 - -
I2 Hgd EUR Accumulating 7.90 -0.02 -0.25 9.26 7.19 - LU0473186707 - -
D4 EUR Annual 13.97 0.00 0.00 15.70 12.15 - LU0827885145 - -
D3 HKD Monthly 125.41 -0.26 -0.21 150.78 115.55 - LU0827885061 - -
E2 USD Accumulating 21.95 -0.05 -0.23 25.17 19.76 - LU0374975414 - -
A6 Hgd GBP Monthly 8.30 -0.02 -0.24 10.46 7.85 - LU1408528302 - -
D2 Hgd PLN Accumulating 9.99 -0.03 -0.30 11.54 9.01 - LU0827884684 - -
A3 Hgd AUD Monthly 6.51 -0.01 -0.15 7.91 6.02 - LU0575500318 - -
Class AI2 EUR - 9.98 0.00 0.00 10.04 9.96 - LU1960220587 - -
A2 Hgd PLN Accumulating 9.67 -0.03 -0.31 11.22 8.75 - LU0480535052 - -
X2 USD Accumulating 6.94 -0.01 -0.14 7.82 6.19 - LU0344905624 - -
E2 Hgd EUR Accumulating 7.20 -0.01 -0.14 8.54 6.60 - LU0474536231 - -
Class X5 Hedged GBP - 10.03 0.06 0.60 10.12 9.88 - LU1954752702 - -
A6 Hgd CAD Monthly 8.71 -0.02 -0.23 10.85 8.20 - LU1408528641 - -
X2 EUR Accumulating 6.14 0.00 0.00 6.38 5.32 - LU0531082021 - -
A2 CZK Accumulating 531.65 -0.04 -0.01 549.69 463.69 - LU1791177113 - -
A2 Hgd CHF Accumulating 7.38 -0.01 -0.14 8.72 6.76 - LU0623004180 - -
A8 Hgd NZD Monthly 8.80 -0.02 -0.23 10.95 8.26 - LU1408528724 - -
A6 Hgd HKD Monthly 87.10 -0.21 -0.24 108.53 81.97 - LU1408528484 - -
D4 USD Annual 15.78 -0.04 -0.25 19.24 14.13 - LU0827885228 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Head of BlackRock Emerging Markets Fixed Income
Laurent Develay
Director, Emerging Markets Debt team within BlackRock's Portfolio Management Group

Laurent Develay

Michal Wozniak
Director, Emerging Markets Debt team within BlackRock Fundamental Fixed Income

Michal Wozniak

Literature

Literature