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Fixed Income

BGF Global Corporate 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.

Please note the Fund-specific risks under the relevant section in Disclaimer.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

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Performance

Performance

  • Returns


The figures shown relate to past performance. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy.

Share Class and Benchmark performance displayed in USD, hedged fund benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Chart

Performance chart data not available for display.
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Reinvestments

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of 23-Aug-2019 USD 2,107.55
Base Currency USD
Fund Launch Date 19-Oct-2007
Share Class launch date 14-May-2009
Asset Class Fixed Income
Morningstar Category Global Corporate Bond - USD Hedged
Benchmark Index BBG Barc Global Agg Corporate Index, 100% USD Hedged
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0326960662
Bloomberg Ticker MLGCBD2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B4NRGT6
Bloomberg Benchmark Ticker LGCPTRUH
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 100,000.00
Minimum Subsequent Investment USD 1,000.00
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Risk Indicator

Risk Indicator

1
2
3
4
5
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7
Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF Global Corporate Bond Fund, Class D2, as of 31-Jul-2019 rated against 184 Global Corporate Bond - USD Hedged Funds.

Morningstar Analyst Rating

Morningstar Analyst Rating - Bronze
Morningstar has awarded the Fund a Bronze medal. Fewer than 10% of US open-end funds hold medalist ratings. (Effective 08-Apr-2019)

Portfolio Managers

Portfolio Managers

Andreas Doerrenhaus
Andreas Doerrenhaus
Michael Krautzberger
Head, BlackRock’s Pan-European Fixed Income Team

     

Holdings

Holdings

as of 31-Jul-2019
Name Weight (%)
ISH EUR HY CRP BND ETF EUR DIST 2.61
ISHARES EURO ULTRASHORT BOND UCITS 1.45
VERIZON COMMUNICATIONS INC 4.272 01/15/2036 1.17
BAWAG GROUP AG MTN RegS 2.375 03/26/2029 0.87
WELLS FARGO & COMPANY MTN 3.196 06/17/2027 0.77
Name Weight (%)
CITIGROUP INC 3.352 04/24/2025 0.70
SAP SE RegS 0.25 03/10/2022 0.65
JPMORGAN CHASE & CO 4.452 12/05/2029 0.65
ANHEUSER-BUSCH COMPANIES LLC 4.7 02/01/2036 0.65
FORTUM OYJ MTN RegS 1.625 02/27/2026 0.63
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-2019

% of Market Value

Type Fund Benchmark Net
as of 31-Jul-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 D2 USD None 15.56 -0.01 -0.06 15.58 13.75 - LU0326960662 - -
Class A8 Hedged CNH Monthly 102.84 -0.07 -0.07 102.94 93.61 - LU1220227653 - -
Class A4 Hedged EUR Annual 9.44 0.00 0.00 9.45 8.56 - LU0303846876 - -
Class A2 Hedged EUR None 13.36 -0.01 -0.07 13.38 12.12 - LU0297942434 - -
Class A6 Hedged HKD Monthly 84.64 -0.04 -0.05 84.70 77.22 - LU0788109550 - -
Class E2 USD None 13.97 0.00 0.00 13.98 12.43 - LU0326961470 - -
Class A2 USD None 14.83 -0.01 -0.07 14.85 13.15 - LU0297942194 - -
Class A8 Hedged AUD Monthly 11.37 -0.01 -0.09 11.39 10.35 - LU0871639976 - -
Class A3 Hedged CAD Monthly 11.26 -0.01 -0.09 11.28 10.17 - LU0816460157 - -
Class A5 USD Quarterly 11.28 -0.01 -0.09 11.29 10.14 - LU0825403933 - -
Class I2 Hedged EUR None 10.58 -0.01 -0.09 10.60 9.56 - LU1625162489 - -
Class A6 Hedged SGD Monthly 10.12 -0.01 -0.10 10.13 9.22 - LU1435395121 - -
Class D2 Hedged EUR None 14.01 0.00 0.00 14.02 12.66 - LU0326951752 - -
Class E2 Hedged EUR None 12.63 0.00 0.00 12.65 11.49 - LU0307653898 - -
Class I2 USD None 11.93 -0.01 -0.08 11.94 10.53 - LU1181254019 - -
Class A3 Hedged GBP Monthly 10.83 -0.01 -0.09 10.84 9.86 - LU0816460231 - -
Class A3 Hedged NZD Monthly 12.45 -0.01 -0.08 12.46 11.23 - LU0803752475 - -
Class D5 Hedged GBP None 10.67 -0.01 -0.09 10.68 9.73 - LU1814255474 - -
Class A8 Hedged NZD Monthly 10.02 0.00 0.00 10.03 9.11 - LU1149717313 - -
Class D2 Hedged GBP None 10.47 -0.01 -0.10 10.49 9.39 - LU1222731728 - -
Class A6 USD Monthly 11.36 0.00 0.00 11.37 10.29 - LU0788109634 - -
Class A2 Hedged SEK None 106.14 -0.07 -0.07 106.30 96.18 - LU1162516634 - -
Class A3 Hedged AUD Monthly 12.31 0.00 0.00 12.32 11.11 - LU0816460074 - -
Class I4 Hedged GBP Annual 10.59 0.00 0.00 10.60 9.48 - LU1403442228 - -
Class I2 Hedged CAD None 11.80 0.00 0.00 11.81 10.48 - LU1153585614 - -

Literature

Literature