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Fixed Income

BGF US Government Mortgage 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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Distributions

Record Date Ex-Date Payable Date
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Key Facts

Key Facts

Size of Fund (Millions) as of 11-Oct-2019 USD 110.46
Base Currency USD
Fund Launch Date 02-Aug-1985
Share Class launch date 19-Apr-2011
Asset Class Fixed Income
Morningstar Category USD Government Bond
Benchmark Index FTSE Mortgage Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0592702145
Bloomberg Ticker BGFGMD3
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B3X5057
Bloomberg Benchmark Ticker SBMT
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 Distributing

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 US Government Mortgage Fund, Class D3, as of 30-Sep-2019 rated against 155 USD Government Bond Funds.

Portfolio Managers

Portfolio Managers

Akiva Dickstein
Akiva Dickstein
Matthew Kraeger
Matthew Kraeger
Bob Miller
Bob Miller

Holdings

Holdings

as of 30-Sep-2019
Name Weight (%)
UMBS 30YR TBA(REG A) 24.33
GNMA2 30YR TBA(REG C) 21.41
FHLMC 30YR UMBS MIRROR 10.18
FNMA 30YR 3.5% SHLB 175K 2019 6.91
GNMA2 30YR 2019 PRODUCTION 6.30
Name Weight (%)
FNMA 30YR 4% SHLB 175K 2019 4.25
FNMA 30YR 2017 PRODUCTION 4.00
UMBS 15YR TBA(REG B) 3.42
FNMA 30YR 2011 PRODUCTION 2.58
FGOLD 30YR 4% HLB 150K 2011 2.11
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Sep-2019

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-2019

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 30-Sep-2019

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-2019

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-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 D3 USD Monthly 9.25 -0.01 -0.11 9.30 8.81 - LU0592702145 - -
Class E2 EUR None 16.35 -0.06 -0.37 16.57 14.50 - LU0277197322 - -
Class I2 USD - 10.19 -0.01 -0.10 10.23 10.00 - LU2011139206 - -
Class E2 USD None 18.08 -0.01 -0.06 18.14 16.73 - LU0147385842 - -
Class I3 USD Monthly 9.42 -0.01 -0.11 9.48 8.98 - LU1456639035 - -
Class A2 USD None 19.80 -0.02 -0.10 19.87 18.25 - LU0096258446 - -
Class A3 USD Monthly 9.23 -0.01 -0.11 9.28 8.79 - LU0172418690 - -
Class D2 USD None 20.52 -0.01 -0.05 20.59 18.84 - LU0424777026 - -
Class A1 USD Daily 9.22 -0.01 -0.11 9.28 8.79 - LU0035308682 - -

Literature

Literature