-

BGF Emerging Markets Local Currency 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

-1.79 4.76 8.22 -16.54 -14.10
Benchmark (%) Index: JP Morgan GBI-EM Global Diversified Index<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

-1.65 5.47 12.99 -7.58 -6.52
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 2,677.064
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date May 7, 2014
Asset Class -
Morningstar Category Other Bond
Benchmark Index JP Morgan GBI-EM Global Diversified Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1062843260
Bloomberg Ticker BGELE5E
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL BM4NS48
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of May 31, 2020 12.08
5y Volatility - Benchmark as of May 31, 2020 12.19
5y Beta as of May 31, 2020 1.120

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Emerging Markets Local Currency Bond Fund, Class E5 Hedged, as of Jul 31, 2018 rated against 1349 Other Bond 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 (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 3.56
PERU (REPUBLIC OF) 6.95 08/12/2031 2.29
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 2.25
SOUTH AFRICA (REPUBLIC OF) 8 01/31/2030 2.01
HUNGARY (REPUBLIC OF) 3 08/21/2030 1.93
Name Weight (%)
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.91
SOUTH AFRICA (REPUBLIC OF) 10.5 12/21/2026 1.86
PERU (REPUBLIC OF) 6.35 08/12/2028 1.82
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2023 1.73
CZECH REPUBLIC 2 10/13/2033 1.67
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
Class E5 Hedged EUR Quarterly 5.85 -0.03 -0.51 6.75 5.09 - LU1062843260 - -
I2 EUR Accumulating 21.78 -0.03 -0.14 24.48 19.45 - LU1559746307 - -
D2 Hgd CHF Accumulating 8.38 -0.05 -0.59 9.25 7.21 - LU1688375184 - -
I5 USD Quarterly 8.83 -0.04 -0.45 9.89 7.63 - LU1495982867 - -
I5 EUR Quarterly 7.82 -0.01 -0.13 9.05 7.07 - LU0995350831 - -
A1 USD Daily 3.56 -0.02 -0.56 3.97 3.09 - LU0278477574 - -
A3 EUR Monthly 3.18 0.00 0.00 3.64 2.88 - LU0278457469 - -
A8 Hgd AUD Monthly 6.25 -0.03 -0.48 7.25 5.49 - LU1133072774 - -
C2 USD Accumulating 19.47 -0.10 -0.51 21.37 16.73 - LU0278476923 - -
D3 Hgd GBP Monthly 6.20 -0.03 -0.48 7.11 5.42 - LU0995345831 - -
A1 EUR Daily 3.16 0.00 0.00 3.62 2.86 - LU0278461065 - -
A2 Hgd SGD Accumulating 7.96 -0.04 -0.50 8.76 6.83 - LU0358998713 - -
I2 GBP - 19.58 -0.17 -0.86 21.15 17.54 - LU1741217027 - -
I2 CHF - 23.17 -0.04 -0.17 26.11 20.62 - LU1781817694 - -
A4 USD Annual 14.77 -0.08 -0.54 16.55 12.65 - LU0548402170 - -
A2 CHF Accumulating 21.70 -0.04 -0.18 24.56 19.35 - LU0938162186 - -
D2 USD Accumulating 24.53 -0.13 -0.53 26.70 20.97 - LU0383940458 - -
D3 EUR Monthly 13.14 -0.01 -0.08 15.07 11.92 - LU0827884924 - -
A3 USD Monthly 3.58 -0.02 -0.56 4.01 3.11 - LU0278470132 - -
A2 EUR Accumulating 20.40 -0.03 -0.15 22.99 18.26 - LU0278457204 - -
D2 EUR Accumulating 21.73 -0.03 -0.14 24.44 19.42 - LU0329592702 - -
A2 Hgd SEK Accumulating 84.91 -0.43 -0.50 94.00 73.09 - LU1715605868 - -
A6 Hgd SGD Monthly 7.11 -0.03 -0.42 8.20 6.25 - LU1676225185 - -
X2 GBP Accumulating 5.54 -0.04 -0.72 5.95 4.95 - LU1688375267 - -
X2 Hgd GBP Accumulating 9.52 -0.05 -0.52 10.50 8.17 - LU1505939139 - -
D3 USD Monthly 14.83 -0.07 -0.47 16.58 12.88 - LU0523291242 - -
Class S3 Hedged GBP - 9.40 -0.05 -0.53 10.78 8.21 - LU1911699996 - -
I2 Hgd EUR Accumulating 7.56 -0.03 -0.40 8.34 6.50 - LU0473186707 - -
X2 AUD Accumulating 9.99 -0.02 -0.20 11.22 9.88 - LU1554267051 - -
A2 Hgd EUR Accumulating 7.15 -0.03 -0.42 7.91 6.16 - LU0359002093 - -
Class AI5 EUR - 9.38 -0.01 -0.11 10.84 8.47 - LU1960220660 - -
D2 Hgd EUR Accumulating 7.32 -0.04 -0.54 8.09 6.30 - LU0622213642 - -
A3 HKD Monthly 27.78 -0.14 -0.50 31.29 24.14 - LU0388349754 - -
D5 GBP Quarterly 8.34 -0.07 -0.83 9.53 7.56 - LU1694209807 - -
D4 EUR Annual 13.16 -0.02 -0.15 14.91 11.76 - LU0827885145 - -
Class I3 Hedged GBP Monthly 6.23 -0.03 -0.48 7.14 5.44 - LU0995336418 - -
D2 CHF Accumulating 23.12 -0.04 -0.17 26.08 20.58 - LU1065150267 - -
A2 USD Accumulating 23.03 -0.11 -0.48 25.12 19.72 - LU0278470058 - -
A6 USD Monthly 7.84 -0.04 -0.51 8.94 6.87 - LU1408528211 - -
D3 Hgd AUD Monthly 5.88 -0.03 -0.51 6.72 5.13 - LU0827884841 - -
A4 EUR Annual 13.09 -0.02 -0.15 14.82 11.71 - LU0478974834 - -
D2 Hgd GBP Accumulating 13.71 -0.07 -0.51 15.15 11.78 - LU0827885491 - -
D2 Hgd SGD Accumulating 8.28 -0.05 -0.60 9.10 7.10 - LU0827884767 - -
C1 USD Daily 3.56 -0.02 -0.56 3.97 3.08 - LU0278478119 - -
E2 EUR Accumulating 19.08 -0.02 -0.10 21.54 17.09 - LU0278459671 - -
D3 HKD Monthly 114.91 -0.57 -0.49 129.46 99.87 - LU0827885061 - -
D2 Hgd PLN Accumulating 9.73 -0.04 -0.41 10.71 8.34 - LU0827884684 - -
A6 Hgd GBP Monthly 7.22 -0.04 -0.55 8.46 6.37 - LU1408528302 - -
C2 EUR Accumulating 17.25 -0.02 -0.12 19.53 15.49 - LU0278457972 - -
I2 USD Accumulating 24.59 -0.12 -0.49 26.74 21.01 - LU0520955575 - -
E2 USD Accumulating 21.53 -0.11 -0.51 23.55 18.46 - LU0374975414 - -
E2 Hgd EUR Accumulating 6.79 -0.03 -0.44 7.53 5.85 - LU0474536231 - -
Class X5 Hedged GBP - 9.01 -0.05 -0.55 10.36 7.83 - LU1954752702 - -
A6 Hgd HKD Monthly 78.04 -0.39 -0.50 89.19 68.40 - LU1408528484 - -
D4 USD Annual 14.86 -0.07 -0.47 16.65 12.70 - LU0827885228 - -
Class AI2 EUR - 9.86 -0.02 -0.20 11.11 8.83 - LU1960220587 - -
X2 EUR Accumulating 6.16 -0.01 -0.16 6.91 5.49 - LU0531082021 - -
A6 Hgd CAD Monthly 7.69 -0.04 -0.52 8.90 6.78 - LU1408528641 - -
A3 Hgd AUD Monthly 5.88 -0.03 -0.51 6.73 5.13 - LU0575500318 - -
X2 USD Accumulating 6.95 -0.04 -0.57 7.54 5.93 - LU0344905624 - -
A8 Hgd NZD Monthly 7.78 -0.04 -0.51 9.00 6.84 - LU1408528724 - -
A2 CZK Accumulating 545.03 0.20 0.04 573.35 507.04 - LU1791177113 - -
A2 Hgd PLN Accumulating 9.35 -0.05 -0.53 10.33 8.04 - LU0480535052 - -
A2 Hgd CHF Accumulating 6.98 -0.04 -0.57 7.72 6.01 - LU0623004180 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Managing Director, Head of BlackRock's Emerging Markets Fixed Income

Sergio Trigo Paz, Managing Director, is Head of BlackRock's Emerging Markets Fixed Income.

Laurent Develay
Managing Director, Head of Emerging Markets Local Debt Investments

Laurent Develay, Managing Director, Head of Emerging Markets Local Debt Investments within BlackRock's Global Fixed Income Group.

Michal Wozniak, CFA
Vice President, Portfolio Manager for Emerging Markets Debt Portfolio Management team

Michal Wozniak, CFA, Director, is a Portfolio Manager for Emerging Markets Debt Portfolio Management team for Blackrock Global Fixed Income Group.

Literature

Literature