Fixed Income

BGF European High Yield 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.

The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment.

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 future results and should not be the sole factor of consideration when selecting a product or strategy.

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

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

This product does not have any distributions data as of now.

Key Facts

Key Facts

Size of Fund (Millions) as of 18-Apr-2019 EUR 63.38
Base Currency EUR
Fund Launch Date 23-Jul-2015
Share Class launch date 23-Jul-2015
Asset Class Fixed Income
Morningstar Category EUR High Yield Bond
Benchmark Index BBG Barc Pan European HY 3% Issuer Constrained 100% EUR Hedged Index
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU1191877379
Bloomberg Ticker BGEHYA2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL BYN89P6
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5,000.00
Minimum Subsequent Investment EUR 1,000.00
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF European High Yield Bond Fund, Class A2, as of 31-Mar-2019 rated against 560 EUR High Yield Bond Funds.

Portfolio Managers

Portfolio Managers

Stephen Gough
Stephen Gough
Jose Aguilar
Jose Aguilar
James Turner
James Turner

Holdings

Holdings

as of 29-Mar-2019
Name Weight (%)
ROSSINI SARL RegS 6.75 10/30/2025 1.21
SOFTBANK GROUP CORP RegS 4 04/20/2023 1.11
MULHACEN PTE LTD RegS 6.5 08/01/2023 1.10
GAS NATURAL FENOSA FINANCE BV RegS 4.125 12/31/2049 1.03
THYSSENKRUPP AG MTN RegS 2.875 02/22/2024 0.99
Name Weight (%)
BAUSCH HEALTH COMPANIES INC RegS 4.5 05/15/2023 0.98
TELECOM ITALIA SPA RegS 1.125 03/26/2022 0.93
PANTHER BF AGGREGATOR 2 LP RegS 4.375 05/15/2026 0.92
VANTIV LLC / VANTIV ISSUER CORP RegS 3.875 11/15/2025 0.88
AVIS BUDGET FINANCE PLC RegS 4.75 01/30/2026 0.87
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29-Mar-2019

% of Market Value

Type Fund Benchmark Net
as of 29-Mar-2019

% of Market Value

Type Fund Benchmark Net
as of 29-Mar-2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of 29-Mar-2019

% of Market Value

Type Fund Benchmark Net
as of 29-Mar-2019

% of Market Value

Type Fund Benchmark Net
as of 29-Mar-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 A2 EUR None 11.34 0.00 0.00 11.34 10.60 - LU1191877379 - -
Class D4 Hedged GBP Annual 10.57 0.00 0.00 10.60 9.84 - LU1258858023 - -
Class D4 EUR Annual 10.29 0.00 0.00 10.42 9.61 - LU1258857561 - -
Class E5 EUR Quarterly 10.07 0.00 0.00 10.20 9.49 - LU1270846964 - -
Class A2 Hedged CHF None 11.12 0.00 0.00 11.12 10.41 - LU1258857728 - -
Class A2 Hedged SEK None 112.44 0.01 0.01 112.44 105.08 - LU1258857645 - -
Class E2 EUR None 11.15 0.00 0.00 11.15 10.44 - LU1270846881 - -
Class D2 EUR None 11.62 0.01 0.09 11.62 10.84 - LU1191877965 - -

Literature

Literature