Fixed Income

BGF US Dollar High Yield Bond Fund

Overview

Loading

Performance

Performance

  • Returns

  From
31-Dec-2013
To
31-Dec-2014
From
31-Dec-2014
To
31-Dec-2015
From
31-Dec-2015
To
31-Dec-2016
From
31-Dec-2016
To
31-Dec-2017
From
31-Dec-2017
To
31-Dec-2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.

as of Dec 31, 2018

14.81 5.30 16.19 -6.33 0.84
Benchmark (%) Index: BBG Barc High Yield 2% Issuer Capped Index in EUR<br /><br /> Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.

as of Dec 31, 2018

16.68 6.45 20.63 -5.57 2.85
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.
View full chart

Reinvestments

Record Date Ex-Date Payable Date
View full table

Key Facts

Key Facts

Size of Fund (Millions) as of Jan 18, 2019 USD 2,333.980
Base Currency U.S. Dollar
Fund Inception Date Oct 29, 1993
Share Class Inception Date Dec 1, 2006
Asset Class Fixed Income
Morningstar Category USD High Yield Bond
Benchmark Index BBG Barc High Yield 2% Issuer Capped Index in EUR
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0277197595
Bloomberg Ticker MLUDEE2
Initial Charge 3.00%
Performance Fee 0.00%
SEDOL B43DCP2
Bloomberg Benchmark Ticker LH2CAPEUR
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment -
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Dec 31, 2018 6.79
5y Volatility - Benchmark as of Dec 31, 2018 8.16
5y Beta as of Dec 31, 2018 0.990

Ratings

Ratings

Morningstar Rating

Overall Morningstar Rating for BGF US Dollar High Yield Bond Fund, Class E2, as of Mar 31, 2012 rated against 157 USD High Yield Bond Funds.

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Dec 31, 2018
Name Weight (%)
CLEAR CHANNEL WORLDWIDE HOLDINGS I 6.5 11/15/2022 1.29
BLACKSTONE CQP HOLDCO LP 144A 6.5 03/20/2021 1.25
INFOR US INC 6.5 05/15/2022 0.95
SOLERA LLC / SOLERA FINANCE INC 144A 10.5 03/01/2024 0.81
GMAC CAPITAL TRUST I 8.40113 02/15/2040 0.81
Name Weight (%)
ALLY FINANCIAL INC 8 11/01/2031 0.77
CCO HOLDINGS LLC 144A 5.125 05/01/2027 0.69
AVANTOR INC 144A 6 10/01/2024 0.68
CNX RESOURCES CORP 5.875 04/15/2022 0.67
FIRST DATA CORPORATION 144A 5.75 01/15/2024 0.65
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Dec 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Dec 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Dec 31, 2018

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Dec 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Dec 31, 2018

% of Market Value

Type Fund Benchmark Net
as of Dec 31, 2018

% 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
E2 EUR Accumulating 26.13 0.05 0.19 26.48 23.62 - LU0277197595 - -
A6 USD Monthly 4.94 0.00 0.00 5.32 4.77 - LU0738912566 - -
E2 USD Accumulating 29.73 0.03 0.10 30.43 28.55 - LU0147389919 - -
I2 Hgd EUR Accumulating 10.87 0.01 0.09 11.19 10.45 - LU1111085798 - -
A3 Hgd NZD Monthly 10.83 0.01 0.09 11.49 10.44 - LU0803752046 - -
A3 Hgd CAD Monthly 9.80 0.01 0.10 10.48 9.46 - LU0803751741 - -
A8 Hgd CNH - 101.97 0.09 0.09 101.97 97.93 - LU1919856218 - -
A2 USD Accumulating 32.29 0.03 0.09 33.01 31.01 - LU0046676465 - -
C1 USD Daily 5.59 0.00 0.00 5.92 5.39 - LU0147389166 - -
C2 USD Accumulating 25.32 0.02 0.08 25.98 24.34 - LU0147389596 - -
D2 Hgd CHF Accumulating 10.64 0.01 0.09 11.02 10.24 - LU1090156289 - -
A2 Hgd EUR Accumulating 201.06 0.17 0.08 208.81 193.44 - LU0330917963 - -
A1 USD Daily 5.58 0.00 0.00 5.91 5.37 - LU0046675905 - -
A3 Hgd GBP Monthly 9.51 0.01 0.11 10.26 9.19 - LU0580330818 - -
A2 Hgd CHF Accumulating 10.35 0.00 0.00 10.79 9.96 - LU1090155554 - -
A3 Hgd EUR Monthly 9.14 0.01 0.11 9.96 8.83 - LU0578943853 - -
D2 Hgd AUD Accumulating 17.01 0.02 0.12 17.39 16.33 - LU0827886895 - -
D2 Hgd EUR Accumulating 211.57 0.19 0.09 218.21 203.46 - LU0532707519 - -
D2 USD Accumulating 33.97 0.03 0.09 34.65 32.61 - LU0552552704 - -
I4 Hgd GBP Annual 9.07 0.01 0.11 9.79 8.72 - LU1111085442 - -
A2 Hgd AUD Accumulating 16.33 0.01 0.06 16.73 15.68 - LU0578947334 - -
A3 Hgd SGD Monthly 9.49 0.00 0.00 10.16 9.16 - LU0578937376 - -
A3 Hgd AUD Monthly 11.08 0.01 0.09 11.78 10.69 - LU0578942376 - -
A2 Hgd SGD Accumulating 13.99 0.01 0.07 14.35 13.45 - LU0578945809 - -
A8 Hgd ZAR Monthly 88.08 0.09 0.10 94.87 84.84 - LU1023056127 - -
D4 Hgd GBP Annual 10.47 0.01 0.10 11.28 10.06 - LU0681219902 - -
X6 USD Monthly 10.47 0.01 0.10 11.11 10.09 - LU1376384019 - -
A4 GBP Annual 10.49 0.01 0.10 11.31 10.09 - LU0706698544 - -
D3 USD Monthly 9.67 0.01 0.10 10.25 9.33 - LU0592702061 - -
I3 USD Monthly 9.11 0.00 0.00 9.66 8.79 - LU0764821012 - -
A8 Hgd AUD Monthly 9.13 0.01 0.11 9.89 8.81 - LU0871640396 - -
A3 USD Monthly 5.64 0.00 0.00 5.98 5.44 - LU0172419151 - -
I2 USD Accumulating 13.76 0.01 0.07 14.03 13.21 - LU0822668108 - -
A6 Hgd SGD Monthly 9.21 0.00 0.00 10.03 8.90 - LU1314333441 - -
X2 USD Accumulating 37.39 0.03 0.08 38.06 35.88 - LU0147390172 - -
A6 Hgd HKD Monthly 37.25 0.03 0.08 40.63 35.96 - LU0764619531 - -
D3 Hgd SGD Monthly 9.53 0.01 0.11 10.20 9.20 - LU0827886978 - -
D2 Hgd SGD Accumulating 14.53 0.01 0.07 14.87 13.96 - LU0827887273 - -

Portfolio Managers

Portfolio Managers

James Keenan
Managing Director, Chief Investment Officer and Global Co-Head of Credit

 James E. Keenan

David Delbos
Co-Head of US High Yield, Global Credit

David Delbos

Mitchell Garfin
Co-Head of US High Yield, Global Credit

Mitchell Garfin

Literature

Literature