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.

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

Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.
Returns not available as there is less than one year’s performance data.

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 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

Distributions

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of 15-Feb-2019 USD 78.02
Base Currency USD
Fund Launch Date 16-Jul-2018
Share Class launch date 16-Jul-2018
Asset Class Fixed Income
Morningstar Category Global Flexible Bond - USD Hedged
Benchmark Index Placeholder for prolonged perf holidays (No Benchmark applicable)
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
Bloomberg Benchmark Ticker -
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment USD 5,000.00
Minimum Subsequent Investment USD 1,000.00
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

Average Credit Rating Using Bloomberg Barclays Index Method. as of 31-Jan-2019 BBB+

Risk Indicator

Risk Indicator

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Low Risk High Risk
Typically low rewards Typically high rewards

 

Ratings

Portfolio Managers

Portfolio Managers

Rick Rieder
Rick Rieder
Amer Bisat
Amer Bisat
Andreas Doerrenhaus
Andreas Doerrenhaus
Robert Wuertz
Robert Wuertz

Holdings

Holdings

as of 31-Jan-2019
Name Weight (%)
TREASURY NOTE 1.5 11/30/2019 5.89
TREASURY NOTE 1.625 08/31/2019 5.77
TREASURY NOTE 1.625 12/31/2019 4.41
TREASURY NOTE 2.375 04/30/2020 3.69
FNMA 15YR 3.5% MLB 110K 2016 3.64
Name Weight (%)
FNMA 10YR 2.39
TREASURY NOTE 1.375 07/31/2019 1.73
TREASURY BOND (OTR) 3.375 11/15/2048 0.92
PSTAT_18-4A C 144A 0.87
GSAMP_07-HSB1 M7 0.83
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31-Jan-2019

% of Market Value

Type Fund
as of 31-Jan-2019

% of Market Value

Type Fund
as of 31-Jan-2019

% of Market Value

Type Fund
as of 31-Jan-2019

% of Market Value

Type Fund
as of 31-Jan-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
Class A6 USD Monthly 9.98 0.00 0.00 9.99 9.81 - LU1842103472 - -
Class I2 Hedged EUR - 10.02 0.00 0.00 10.02 9.83 - LU1864663908 - -
Class E2 EUR Hedged EUR - - - - - - - LU1842103985 - -
Class D2 EUR Hedged EUR None 9.98 0.01 0.10 10.00 9.79 - LU1842103639 - -
Class E5 Hedged EUR - 9.88 0.01 0.10 10.00 9.70 - LU1864663577 - -
Class A2 USD None 10.12 0.00 0.00 10.12 9.90 - LU1842103399 - -
Class D2 USD USD None 10.15 0.00 0.00 10.15 9.92 - LU1842103555 - -
Class D2 EUR None 9.01 0.02 0.22 9.01 8.47 - LU1864663650 - -
Class D2 GBP Hedged GBP None 10.04 0.00 0.00 10.04 9.84 - LU1842103803 - -
Class D2 CHF Hedged CHF None 9.95 0.00 0.00 10.00 9.77 - LU1842103712 - -
Class I2 USD - 10.17 0.00 0.00 10.17 9.93 - LU1864663734 - -
Class I2 EUR - 9.03 0.03 0.33 10.00 8.48 - LU1864663817 - -

Literature

Literature