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 Jun 17, 2019 USD 4,321.991
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date May 7, 2014
Asset Class Fixed Income
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, 2019 9.91
5y Volatility - Benchmark as of May 31, 2019 10.88
5y Beta as of May 31, 2019 1.039

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

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Low Risk High Risk
Low Yield High Yield

Holdings

Holdings

as of May 31, 2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 4.66
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2021 4.32
POLAND (REPUBLIC OF) 3.25 07/25/2025 2.43
POLAND (REPUBLIC OF) 0 07/25/2020 2.25
HUNGARY (REPUBLIC OF) 3 06/26/2024 2.19
Name Weight (%)
TREASURY NOTE 2.25 03/31/2020 2.12
COLOMBIA REPUBLIC OF (GOVERNMENT) 10 07/24/2024 1.89
MEXICO (UNITED MEXICAN STATES) 8 06/11/2020 1.84
POLAND (REPUBLIC OF) 5.25 10/25/2020 1.83
COLOMBIA (REPUBLIC OF) 7.5 08/26/2026 1.76
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 2019

% of Market Value

Type Fund Benchmark Net
as of May 31, 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
Class E5 Hedged EUR Quarterly 6.56 0.00 0.00 7.06 6.23 - LU1062843260 - -
I5 USD Quarterly 9.60 -0.01 -0.10 10.01 8.89 - LU1495982867 - -
Class S3 Hedged GBP - 10.39 -0.01 -0.10 10.71 10.00 - LU1911699996 - -
A1 USD Daily 3.83 0.00 0.00 4.01 3.54 - LU0278477574 - -
I2 EUR Accumulating 22.23 0.00 0.00 22.23 19.00 - LU1559746307 - -
X2 GBP Accumulating 5.58 0.01 0.18 5.58 4.77 - LU1688375267 - -
X2 Hgd GBP Accumulating 9.89 0.00 0.00 9.99 8.85 - LU1505939139 - -
D2 Hgd CHF Accumulating 8.82 0.00 0.00 9.09 8.05 - LU1688375184 - -
D3 Hgd GBP Monthly 6.86 0.00 0.00 7.34 6.43 - LU0995345831 - -
A2 Hgd SGD Accumulating 8.25 -0.01 -0.12 8.35 7.39 - LU0358998713 - -
A2 Hgd EUR Accumulating 7.55 0.00 0.00 7.80 6.89 - LU0359002093 - -
I5 EUR Quarterly 8.55 0.00 0.00 8.58 7.64 - LU0995350831 - -
D2 USD Accumulating 24.97 -0.01 -0.04 25.11 22.10 - LU0383940458 - -
Class AI5 EUR - - - - - - - LU1960220660 - -
A1 EUR Daily 3.40 -0.01 -0.29 3.43 3.04 - LU0278461065 - -
A2 CHF Accumulating 23.52 0.03 0.13 23.74 20.35 - LU0938162186 - -
X2 AUD Accumulating 10.23 0.02 0.20 10.23 8.61 - LU1554267051 - -
D2 CHF Accumulating 24.92 0.03 0.12 25.13 21.48 - LU1065150267 - -
C2 USD Accumulating 20.18 -0.02 -0.10 20.45 18.11 - LU0278476923 - -
I2 CHF - 24.93 0.02 0.08 25.14 21.47 - LU1781817694 - -
I2 GBP - 19.84 0.04 0.20 19.84 17.03 - LU1741217027 - -
Class I3 Hedged GBP Monthly 6.88 -0.01 -0.15 7.37 6.46 - LU0995336418 - -
A8 Hgd AUD Monthly 7.00 -0.01 -0.14 7.62 6.65 - LU1133072774 - -
D2 Hgd EUR Accumulating 7.69 -0.01 -0.13 7.91 6.99 - LU0622213642 - -
A3 HKD Monthly 30.20 0.00 0.00 31.80 27.93 - LU0388349754 - -
A3 EUR Monthly 3.43 0.00 0.00 3.47 3.06 - LU0278457469 - -
A4 EUR Annual 14.13 0.00 0.00 14.53 12.14 - LU0478974834 - -
A4 USD Annual 15.88 -0.01 -0.06 16.99 14.11 - LU0548402170 - -
A2 Hgd SEK Accumulating 89.58 -0.05 -0.06 92.77 81.81 - LU1715605868 - -
A2 EUR Accumulating 20.96 -0.01 -0.05 20.97 18.01 - LU0278457204 - -
A2 USD Accumulating 23.56 -0.01 -0.04 23.74 20.93 - LU0278470058 - -
A6 Hgd SGD Monthly 7.93 0.00 0.00 8.63 7.54 - LU1676225185 - -
D2 EUR Accumulating 22.21 -0.01 -0.05 22.22 19.01 - LU0329592702 - -
D2 Hgd GBP Accumulating 14.33 -0.01 -0.07 14.57 12.90 - LU0827885491 - -
A6 USD Monthly 8.63 0.00 0.00 9.31 8.14 - LU1408528211 - -
C2 EUR Accumulating 17.96 0.00 0.00 17.96 15.58 - LU0278457972 - -
D5 GBP Quarterly 9.05 0.02 0.22 9.06 8.10 - LU1694209807 - -
D3 EUR Monthly 14.19 -0.01 -0.07 14.34 12.66 - LU0827884924 - -
A3 USD Monthly 3.86 0.00 0.00 4.05 3.56 - LU0278470132 - -
D3 USD Monthly 15.95 -0.01 -0.06 16.77 14.72 - LU0523291242 - -
D4 EUR Annual 14.20 -0.01 -0.07 14.63 12.15 - LU0827885145 - -
D3 Hgd AUD Monthly 6.48 0.00 0.00 6.88 6.02 - LU0827884841 - -
I2 Hgd EUR Accumulating 7.93 0.00 0.00 8.14 7.19 - LU0473186707 - -
C1 USD Daily 3.82 -0.01 -0.26 4.01 3.53 - LU0278478119 - -
E2 USD Accumulating 22.15 -0.01 -0.05 22.36 19.76 - LU0374975414 - -
D2 Hgd SGD Accumulating 8.54 -0.01 -0.12 8.62 7.62 - LU0827884767 - -
E2 EUR Accumulating 19.70 -0.01 -0.05 19.71 17.00 - LU0278459671 - -
I2 USD Accumulating 24.98 -0.01 -0.04 25.11 22.08 - LU0520955575 - -
A6 Hgd GBP Monthly 8.18 0.00 0.00 9.00 7.85 - LU1408528302 - -
D2 Hgd PLN Accumulating 10.07 -0.01 -0.10 10.19 9.01 - LU0827884684 - -
D3 HKD Monthly 124.93 -0.01 -0.01 131.60 115.55 - LU0827885061 - -
A3 Hgd AUD Monthly 6.48 -0.01 -0.15 6.88 6.02 - LU0575500318 - -
Class X5 Hedged GBP - 10.08 -0.01 -0.10 10.12 9.76 - LU1954752702 - -
Class AI2 EUR - 10.13 -0.01 -0.10 10.14 9.83 - LU1960220587 - -
A6 Hgd CAD Monthly 8.61 0.00 0.00 9.37 8.20 - LU1408528641 - -
A2 Hgd CHF Accumulating 7.39 0.00 0.00 7.64 6.76 - LU0623004180 - -
D4 USD Annual 15.96 -0.01 -0.06 17.10 14.13 - LU0827885228 - -
X2 USD Accumulating 7.03 0.00 0.00 7.05 6.19 - LU0344905624 - -
A8 Hgd NZD Monthly 8.70 -0.01 -0.11 9.46 8.26 - LU1408528724 - -
E2 Hgd EUR Accumulating 7.21 0.00 0.00 7.47 6.60 - LU0474536231 - -
A2 CZK Accumulating 535.64 0.36 0.07 535.81 463.69 - LU1791177113 - -
X2 EUR Accumulating 6.25 0.00 0.00 6.25 5.32 - LU0531082021 - -
A6 Hgd HKD Monthly 86.11 -0.04 -0.05 93.80 81.97 - LU1408528484 - -
A2 Hgd PLN Accumulating 9.74 0.00 0.00 9.89 8.75 - LU0480535052 - -

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

 

 

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