Fixed Income

BlackRock Global Absolute Return 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.

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Performance

Performance

  • Returns

  From
30-Sep-2014
To
30-Sep-2015
From
30-Sep-2015
To
30-Sep-2016
From
30-Sep-2016
To
30-Sep-2017
From
30-Sep-2017
To
30-Sep-2018
From
30-Sep-2018
To
30-Sep-2019
Total Return (%) Total return is expressed as the percentage change of an investment over a certain timeframe. It includes the net income earned by the investment in terms of dividends or interest along with any change in the capital value of the investment.

as of 30-Sep-19

-1.07 0.92 1.22 -2.10 -1.48

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

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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 17-Oct-19 EUR 221.155
Base Currency EUR
Fund Launch Date 25-May-12
Inception Date 25-May-12
Asset Class Fixed Income
Morningstar Category Alt - Long/Short Credit
Domicile Luxembourg
Regulatory Structure UCITS
Management Company BlackRock (Luxembourg) S.A.
ISIN LU0783530669
Bloomberg Ticker BRGARA2
Initial Charge 5.00%
Performance Fee 0.00%
SEDOL B4MWFM8
Dealing Settlement Trade Date + 3 days
Dealing Frequency Daily, forward pricing basis
Minimum Initial Investment EUR 5000
Minimum Subsequent Investment EUR 1000
Use of Income Accumulating

Portfolio Characteristics

Portfolio Characteristics

3y Volatility - Benchmark as of 30-Sep-19 0.01
5y Volatility - Benchmark as of 30-Sep-19 0.05
5y Beta as of 30-Sep-19 -0.548

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 BlackRock Global Absolute Return Bond Fund, Class A2, as of 31-Jul-18 rated against 364 Alt - Long/Short Credit Funds.

Holdings

Holdings

as of 30-Sep-19
Name Weight (%)
UMBS 30YR TBA(REG A) 10.37
ISH EUR HY CRP BND ETF EUR DIST 3.51
GNMA2 30YR TBA(REG C) 2.87
ITALY (REPUBLIC OF) 1.75 07/01/2024 2.23
ISH CORE EUR CORP BND ETF EUR DIST 2.04
Name Weight (%)
ITALY (REPUBLIC OF) 1.3 05/15/2028 1.91
TREASURY (CPI) NOTE 0.875 01/15/2029 1.59
CLMT_16-CLNE A 144A 1.16
AT&T INC 144A 0 11/27/2022 1.15
UNITED KINGDOM (GOVERNMENT OF) 0.125 08/10/2028 1.14
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30-Sep-19

% of Market Value

Type Fund Benchmark Net
as of 30-Sep-19

% 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 101.76 -0.02 -0.02 102.44 100.72 - LU0783530669 - -
Class I2 EUR None 101.69 -0.01 -0.01 101.73 100.12 - LU1129992563 - -
Class A2 Hedged USD None 108.14 0.01 0.01 108.14 104.56 - LU0972010309 - -
Class D2 Hedged CHF None 98.19 -0.02 -0.02 98.82 97.18 - LU1311313644 - -
Class I2 Hedged SEK None 1,009.87 -0.11 -0.01 1,009.98 993.00 - LU1129992647 - -
Class I2 Hedged GBP - 101.26 -0.01 -0.01 101.27 98.88 - LU1834329234 - -
Class E2 EUR None 98.19 -0.02 -0.02 99.34 97.56 - LU0802640978 - -
Class X2 EUR None 111.58 -0.01 -0.01 111.59 109.43 - LU0783530743 - -
Class A2 Hedged SEK None 993.02 -0.13 -0.01 998.57 981.56 - LU0884611699 - -
Class D2 EUR None 105.39 -0.02 -0.02 105.57 103.91 - LU0802639707 - -

Portfolio Managers

Portfolio Managers

Ian Winship
Ian Winship
Andreas Doerrenhaus
Andreas Doerrenhaus

Literature

Literature