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Fixed Income

BGF Global Bond Income 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. Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Asset backed securities and mortgage backed securities are subject to the same risks described for fixed income securities. These instruments may be subject to 'Liquidity Risk', have high levels of borrowing and may not fully reflect the value of underlying assets. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment. Derivatives are highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way.
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Performance

Performance

  • Returns

  From
30-Sep-2014
To
30-Sep-2015
From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Sep 30, 2019

- - - - 6.86
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 Oct 11, 2019 USD 90.645
Base Currency U.S. Dollar
Fund Inception Date Jul 16, 2018
Share Class Inception Date Jul 16, 2018
Asset Class Fixed Income
Morningstar Category Global Flexible Bond - USD Hedged
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1842103472
Bloomberg Ticker BGFBIA6
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BFWGQN5
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5000
Minimum Subsequent Investment USD 1000
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

LEH Rating Split as of Sep 30, 2019 BBB
Spread Duration as of Sep 30, 2019 3.41

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Sep 30, 2019
Name Weight (%)
TREASURY NOTE 1.5 08/31/2021 8.64
FHLMC 30YR UMBS SUPER 6.93
FNMA 15YR 3.5% MLB 110K 2016 2.83
TREASURY NOTE 2.25 03/31/2021 1.91
TREASURY NOTE 2.125 05/31/2021 1.70
Name Weight (%)
CIFC_13-2A A1LR 144A 1.13
WINDR_17-1A A1 144A 1.12
VOYA_15-2A AR 144A 1.12
TREASURY NOTE 1.75 07/31/2021 1.12
OZLM_15-14A A2AR 144A 1.12
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Sep 30, 2019

% of Market Value

Type Fund
as of Sep 30, 2019

% of Market Value

Type Fund
as of Sep 30, 2019

% of Market Value

Type Fund
as of Sep 30, 2019

% of Market Value

Type Fund
as of Sep 30, 2019

% of Market Value

Type Fund
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
A6 USD Monthly 10.21 0.00 0.00 10.27 9.81 - LU1842103472 - -
Class E5 Hedged EUR - 9.96 0.00 0.00 10.07 9.70 - LU1864663577 - -
A6 Hgd NZD Monthly 10.11 -0.01 -0.10 10.19 9.99 - LU1978683412 - -
A2 USD Accumulating 10.69 0.00 0.00 10.70 9.90 - LU1842103399 - -
I2 EUR - 9.75 -0.03 -0.31 9.88 8.61 - LU1864663817 - -
Class I2 BRL Hedged (USD) USD - 9.73 0.02 0.21 10.47 9.54 - LU2008661345 - -
I2 USD - 10.78 0.00 0.00 10.79 9.93 - LU1864663734 - -
Class Z2 Hedged CHF - 10.43 0.00 0.00 10.45 9.87 - LU1893598968 - -
Class D2 CHF Hedged CHF Accumulating 10.30 0.00 0.00 10.33 9.77 - LU1842103712 - -
A8 Hgd CNH Monthly 101.53 -0.06 -0.06 102.10 99.95 - LU1978683685 - -
Class X2 USD USD - - - - - - - LU1842104017 - -
A6 Hgd HKD Monthly 101.36 -0.04 -0.04 102.01 99.90 - LU1978682877 - -
I2 Hgd EUR - 10.42 0.00 0.00 10.44 9.83 - LU1864663908 - -
Class D2 EUR Hedged EUR Accumulating 10.35 -0.01 -0.10 10.38 9.79 - LU1842103639 - -
A6 Hgd SGD Monthly 10.09 0.00 0.00 10.17 9.99 - LU1978683172 - -
Class D2 USD USD Accumulating 10.74 0.00 0.00 10.75 9.92 - LU1842103555 - -
A6 Hgd AUD Monthly 10.10 -0.01 -0.10 10.18 9.99 - LU1978683339 - -
Class E2 EUR Hedged EUR - - - - - - - LU1842103985 - -
D2 EUR Accumulating 9.71 -0.04 -0.41 9.84 8.60 - LU1864663650 - -
A6 Hgd CAD Monthly 10.12 0.00 0.00 10.19 9.99 - LU1978682950 - -
A6 Hgd GBP Monthly 10.07 -0.01 -0.10 10.16 9.99 - LU1978683255 - -
Class D2 GBP Hedged GBP Accumulating 10.50 0.00 0.00 10.52 9.84 - LU1842103803 - -
A6 Hgd EUR Monthly 10.03 0.00 0.00 10.14 9.98 - LU1978683099 - -
Class AI2 Hedged EUR - 10.21 -0.01 -0.10 10.24 10.00 - LU1960222369 - -
Class AI2 EUR - 10.49 -0.04 -0.38 10.63 10.39 - LU1960222526 - -
Class Z2 USD - 10.79 0.00 0.00 10.80 9.94 - LU1893598703 - -
Class Z2 Hedged EUR - 10.47 -0.01 -0.10 10.49 9.88 - LU1893598885 - -
Class AI5 Hedged EUR - 10.07 -0.01 -0.10 10.19 9.99 - LU1960222443 - -

Portfolio Managers

Portfolio Managers

Rick Rieder
Managing Director, Global Chief Investment Officer of Fixed Income

Rick Rieder

Amer Bisat
Amer Bisat
Andreas Doerrenhaus
Andreas Doerrenhaus
Robert Wuertz
Robert Wuertz

Literature

Literature

 

 

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