Fixed Income

BGF Emerging Markets Local Currency Bond Fund

Overview

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Performance

Performance

  • Returns

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.
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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 Feb 22, 2019 USD 4,539.607
Base Currency U.S. Dollar
Fund Inception Date Jun 26, 1997
Share Class Inception Date Feb 2, 2007
Asset Class Fixed Income
Morningstar Category Global Emerging Markets Bond - Local Currency
Benchmark Index JP Morgan GBI-EM Global Diversified Index - in EUR
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0278461065
Bloomberg Ticker MLLEEA1
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B1PGSQ1
Bloomberg Benchmark Ticker JGENVUEG
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment -
Use of Income Distributing

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of Jan 31, 2019 8.23
5y Volatility - Benchmark as of Jan 31, 2019 9.37
5y Beta as of Jan 31, 2019 1.061

Ratings

Ratings

Risk Indicator

Risk Indicator

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

Holdings

Holdings

as of Jan 31, 2019
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2023 3.76
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 2.99
BRAZIL FEDERATIVE REPUBLIC OF 10 01/01/2025 2.86
HUNGARY (REPUBLIC OF) 3 06/26/2024 2.12
COLOMBIA REPUBLIC OF (GOVERNMENT) 10 07/24/2024 1.98
Name Weight (%)
MEXICO (UNITED MEXICAN STATES) 10 11/20/2036 1.89
POLAND (REPUBLIC OF) 2.75 04/25/2028 1.83
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2021 1.78
SOUTH AFRICA (REPUBLIC OF) 8.5 01/31/2037 1.73
COLOMBIA (REPUBLIC OF) 7 06/30/2032 1.61
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of Jan 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2019

% of Market Value

Type Fund Benchmark Net
Allocations subject to change.
as of Jan 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 2019

% of Market Value

Type Fund Benchmark Net
as of Jan 31, 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
A1 EUR Daily 3.40 0.01 0.29 3.77 3.04 - LU0278461065 - -
D2 Hgd CHF Accumulating 8.85 0.02 0.23 10.41 8.05 - LU1688375184 - -
X2 AUD Accumulating 9.76 -0.01 -0.10 10.18 8.61 - LU1554267051 - -
A1 USD Daily 3.86 0.02 0.52 4.63 3.54 - LU0278477574 - -
I5 USD Quarterly 9.66 0.03 0.31 11.64 8.89 - LU1495982867 - -
A2 Hgd EUR Accumulating 7.57 0.02 0.26 8.94 6.89 - LU0359002093 - -
I2 GBP - 19.02 0.11 0.58 20.13 17.03 - LU1741217027 - -
X2 GBP Accumulating 5.34 0.03 0.56 5.62 4.77 - LU1688375267 - -
D3 Hgd GBP Monthly 6.96 0.02 0.29 8.57 6.43 - LU0995345831 - -
A2 Hgd SGD Accumulating 8.22 0.03 0.37 9.48 7.39 - LU0358998713 - -
D2 CHF Accumulating 24.77 0.07 0.28 26.98 21.48 - LU1065150267 - -
A2 CHF Accumulating 23.42 0.08 0.34 25.61 20.35 - LU0938162186 - -
I2 EUR Accumulating 21.85 0.09 0.41 22.83 19.00 - LU1559746307 - -
Class I3 Hedged GBP Monthly 6.99 0.03 0.43 8.61 6.46 - LU0995336418 - -
A8 Hgd AUD Monthly 7.16 0.03 0.42 8.89 6.65 - LU1133072774 - -
Class S3 Hedged GBP - 10.55 0.04 0.38 10.71 10.00 - LU1911699996 - -
D2 Hgd EUR Accumulating 7.71 0.03 0.39 9.05 6.99 - LU0622213642 - -
A3 HKD Monthly 30.53 0.11 0.36 36.62 27.93 - LU0388349754 - -
C2 USD Accumulating 20.13 0.07 0.35 23.22 18.11 - LU0278476923 - -
X2 Hgd GBP Accumulating 9.85 0.04 0.41 11.35 8.85 - LU1505939139 - -
I5 EUR Quarterly 8.52 0.03 0.35 9.46 7.64 - LU0995350831 - -
I2 CHF - 24.78 0.08 0.32 26.95 10.00 - LU1781817694 - -
D2 USD Accumulating 24.76 0.08 0.32 28.07 22.10 - LU0383940458 - -
A3 EUR Monthly 3.43 0.01 0.29 3.80 3.06 - LU0278457469 - -
A4 USD Annual 15.78 0.06 0.38 19.19 14.11 - LU0548402170 - -
A2 Hgd SEK Accumulating 89.94 0.30 0.33 106.35 81.81 - LU1715605868 - -
A6 Hgd SGD Monthly 8.10 0.03 0.37 10.08 7.54 - LU1676225185 - -
D3 EUR Monthly 14.20 0.06 0.42 15.74 12.66 - LU0827884924 - -
I2 USD Accumulating 24.77 0.09 0.36 28.03 22.08 - LU0520955575 - -
A2 EUR Accumulating 20.65 0.09 0.44 21.70 18.01 - LU0278457204 - -
D5 GBP Quarterly 8.80 0.05 0.57 9.91 8.10 - LU1694209807 - -
A4 EUR Annual 13.92 0.06 0.43 15.62 12.14 - LU0478974834 - -
A3 USD Monthly 3.89 0.01 0.26 4.68 3.56 - LU0278470132 - -
Class E5 Hedged EUR Quarterly 6.67 0.02 0.30 8.32 6.23 - LU1062843260 - -
A2 USD Accumulating 23.40 0.07 0.30 26.67 20.93 - LU0278470058 - -
A6 USD Monthly 8.80 0.03 0.34 10.82 8.14 - LU1408528211 - -
D2 EUR Accumulating 21.85 0.09 0.41 22.86 19.01 - LU0329592702 - -
D2 Hgd SGD Accumulating 8.49 0.02 0.24 9.76 7.62 - LU0827884767 - -
D2 Hgd GBP Accumulating 14.30 0.05 0.35 16.60 12.90 - LU0827885491 - -
E2 EUR Accumulating 19.44 0.08 0.41 20.53 17.00 - LU0278459671 - -
I2 Hgd EUR Accumulating 7.94 0.03 0.38 9.31 7.19 - LU0473186707 - -
D3 USD Monthly 16.10 0.06 0.37 19.37 14.72 - LU0523291242 - -
D3 HKD Monthly 126.33 0.45 0.36 151.53 115.55 - LU0827885061 - -
C2 EUR Accumulating 17.76 0.07 0.40 18.87 15.58 - LU0278457972 - -
C1 USD Daily 3.85 0.01 0.26 4.63 3.53 - LU0278478119 - -
D4 EUR Annual 13.97 0.06 0.43 15.70 12.15 - LU0827885145 - -
D2 Hgd PLN Accumulating 10.03 0.03 0.30 11.57 9.01 - LU0827884684 - -
A3 Hgd AUD Monthly 6.56 0.02 0.31 7.97 6.02 - LU0575500318 - -
D3 Hgd AUD Monthly 6.56 0.03 0.46 7.97 6.02 - LU0827884841 - -
E2 USD Accumulating 22.04 0.08 0.36 25.23 19.76 - LU0374975414 - -
A6 Hgd GBP Monthly 8.39 0.03 0.36 10.57 7.85 - LU1408528302 - -
A6 Hgd CAD Monthly 8.81 0.03 0.34 10.96 8.20 - LU1408528641 - -
X2 USD Accumulating 6.95 0.02 0.29 7.83 6.19 - LU0344905624 - -
E2 Hgd EUR Accumulating 7.24 0.02 0.28 8.59 6.60 - LU0474536231 - -
A6 Hgd HKD Monthly 88.09 0.30 0.34 109.65 81.97 - LU1408528484 - -
X2 EUR Accumulating 6.14 0.03 0.49 6.38 5.32 - LU0531082021 - -
A2 Hgd CHF Accumulating 7.42 0.02 0.27 8.77 6.76 - LU0623004180 - -
A8 Hgd NZD Monthly 8.89 0.03 0.34 11.05 8.26 - LU1408528724 - -
D4 USD Annual 15.83 0.05 0.32 19.28 14.13 - LU0827885228 - -
A2 Hgd PLN Accumulating 9.72 0.04 0.41 11.26 8.75 - LU0480535052 - -
A2 CZK Accumulating 529.79 2.66 0.50 549.69 463.69 - LU1791177113 - -

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Head of BlackRock Emerging Markets Fixed Income
Laurent Develay
Director, Emerging Markets Debt team within BlackRock's Portfolio Management Group

Laurent Develay

Michal Wozniak
Director, Emerging Markets Debt team within BlackRock Fundamental Fixed Income

Michal Wozniak

Literature

Literature