Fixed Income

BGF Fixed Income Global Opportunities Fund

Overview

Loading

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

Performance

Performance

Chart

Performance chart data not available for display.
View full chart
  1y 3y 5y 10y Incept.
-4.81 1.29 2.02 - 2.45
-9.57 -0.43 0.98 - 1.92
  YTD 6m 1y 3y 5y 10y Incept.
-4.46 -3.40 -4.81 3.92 10.53 - 26.74
-9.24 -8.23 -9.57 -1.28 5.00 - 20.41
Performance of the Fund is calculated on NAV to NAV basis on the assumption that all dividends and distributions are reinvested, taking into account all charges which would have been payable upon such reinvestment.

Key Facts

Key Facts

Size of Fund (Millions) as of 16-Aug-2022 USD 9,236.357
Base Currency U.S. Dollar
Fund Inception 31-Jan-2007
Share Class Currency U.S. Dollar
Share Class Inception Date 18-Oct-2012
Additional Currencies Australian Dollar, British Pound, Canadian Dollar, Euro, Hong Kong Dollar, Japanese Yen, Polish Zloty, RMB, Singapore Dollar, Swedish Krona, Swiss Franc
Asset Class Fixed Income
Morningstar Category Global Flexible Bond - USD Hedged
Distribution Frequency N/A
ISIN LU0278469043
Bloomberg Ticker MLFIUD2
Management Fee (incl. Distribution Fee, if any) 0.50%
Initial Charge 5.00%

Portfolio Characteristics

Portfolio Characteristics

Yield to Maturity as of 29-Jul-2022 3.79
Modified Duration as of 29-Jul-2022 2.36
Effective Duration as of 29-Jul-2022 1.89yrs
3y Volatility as of 31-Jul-2022 5.64
5Y Annualised Volatility as of 31-Jul-2022 4.53
Since Share Inception – Annualised Volatility as of 31-Jul-2022 3.49

ESG Integration

ESG Integration

ESG integration is the practice of incorporating material environmental, social and governance (ESG) information or insights alongside traditional measures into the investment decision process to improve long term financial outcomes of portfolios. Unless otherwise stated in Fund documentation or included within the Fund’s investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective, but rather describes how ESG information is considered as part of the overall investment process.


The Fund manager includes ESG considerations in combination with other information in the research and due diligence phase of the investment process. ESG information may be sourced internally, via collaboration with the BlackRock Investment Stewardship team in engaging issuers on material environmental, social or governance topics, or from third-party providers. The Fund manager’s ongoing monitoring of the portfolio involves regular portfolio risk reviews with the Risk and Quantitative Analysis group. These reviews include discussion of the portfolio’s exposure to material ESG risks, as well as exposure to sustainability-related business involvements, climate-related metrics, and other factors.

Holdings

Holdings

as of 29-Jul-2022
Name Weight (%)
TREASURY NOTE 1.25 11/30/2026 10.96
TREASURY NOTE 2.875 05/15/2032 5.00
TREASURY BOND 2.875 05/15/2052 2.71
TREASURY (CPI) NOTE 0.125 04/15/2027 2.50
FHLMC 30YR UMBS 1.83
Name Weight (%)
FNMA 30YR 2019 PRODUCTION 1.79
FNMA 30YR 2018 PRODUCTION 1.75
TREASURY (CPI) NOTE 0.5 04/15/2024 1.23
TREASURY NOTE 2.625 05/31/2027 1.21
TREASURY (CPI) NOTE 0.125 04/15/2026 0.95

Exposure Breakdowns

Exposure Breakdowns

as of 29-Jul-2022

% of Weight

Type Fund
as of 29-Jul-2022

% of Weight

Type Fund
as of 29-Jul-2022

% of Weight

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.
Due to rounding, the total may not be equal to 100%

Ratings

Ratings

Morningstar Rating

4 stars
As of 31-Jul-2022

Morningstar Analyst Rating

Morningstar Analyst Rating - Gold
Effective 15-Mar-2022

Pricing & Exchange

Pricing & Exchange

Share Class Currency Distribution Frequency NAV NAV $ Change NAV % Change NAV As Of ISIN
D2 USD N/A 15.71 0.02 0.13 16-Aug-2022 LU0278469043
D2 Hedged EUR N/A 10.50 0.01 0.10 16-Aug-2022 LU0278456651
A5 USD Quarterly 9.94 0.02 0.20 16-Aug-2022 LU0280465617
A2 Hedged SGD N/A 21.35 0.04 0.19 16-Aug-2022 LU0278465488
D2 Hedged PLN N/A 17.19 0.02 0.12 16-Aug-2022 LU0827879684
D4 Hedged EUR Annually 8.91 0.01 0.11 16-Aug-2022 LU1340096590
A2 USD N/A 14.98 0.02 0.13 16-Aug-2022 LU0278466700
A5 Hedged SGD Quarterly 14.14 0.02 0.14 16-Aug-2022 LU0280468637
D4 EUR Annually 13.22 0.14 1.07 16-Aug-2022 LU1085283973
D5 Hedged CHF Quarterly 8.74 0.01 0.11 16-Aug-2022 LU1681056062
A2 Hedged JPY N/A 1,036.00 1.00 0.10 16-Aug-2022 LU1005243099
A8 Hedged CNH Monthly 90.96 0.11 0.12 16-Aug-2022 LU1165523371
A6 USD Monthly 11.34 0.02 0.18 16-Aug-2022 LU1051767835
A2 Hedged EUR N/A 9.76 0.01 0.10 16-Aug-2022 LU0278453476
D2 Hedged GBP N/A 11.51 0.02 0.17 16-Aug-2022 LU0278463947
A2 EUR N/A 14.72 0.16 1.10 16-Aug-2022 LU1005243255
D5 Hedged EUR Quarterly 6.47 0.01 0.15 16-Aug-2022 LU0827879841
D2 EUR N/A 15.44 0.17 1.11 16-Aug-2022 LU1005243503
D2 Hedged CHF N/A 10.58 0.02 0.19 16-Aug-2022 LU0972027022
A6 Hedged HKD Monthly 84.96 0.11 0.13 16-Aug-2022 LU1051769021
A5 Hedged EUR Quarterly 6.45 0.01 0.16 16-Aug-2022 LU0280467159
A4 Hedged EUR Annually 8.88 0.01 0.11 16-Aug-2022 LU0973708182
A3 EUR Monthly 9.76 0.11 1.14 16-Aug-2022 LU1005243339
A2 Hedged CHF N/A 9.71 0.01 0.10 16-Aug-2022 LU1121327164
A1 EUR Monthly 9.76 0.11 1.14 16-Aug-2022 LU1005244220
D4 Hedged GBP Annually 4.60 0.01 0.22 16-Aug-2022 LU1294567364
A2 Hedged SEK N/A 100.36 0.14 0.14 16-Aug-2022 LU1121320748
A4 USD Annually 9.89 0.01 0.10 16-Aug-2022 LU1153584997
A8 Hedged AUD Monthly 8.61 0.01 0.12 16-Aug-2022 LU1165522480
A1 USD Monthly 9.93 0.02 0.20 16-Aug-2022 LU1003076855
D4 Hedged CAD Annually 9.66 0.02 0.21 16-Aug-2022 LU1270847186
D5 USD Quarterly 10.44 0.01 0.10 16-Aug-2022 LU0737136415
A3 USD Monthly 9.93 0.02 0.20 16-Aug-2022 LU1003076939
D2 Hedged SGD N/A 22.41 0.03 0.13 16-Aug-2022 LU0827879767
A2 Hedged GBP N/A 10.48 0.01 0.10 16-Aug-2022 LU1181257202
A2 Hedged PLN N/A 16.36 0.02 0.12 16-Aug-2022 LU0480534915

Portfolio Managers

Portfolio Managers

Rick Rieder
Rick Rieder
Aidan Doyle
Aidan Doyle
Bob Miller
Bob Miller

Documents

Documents