Overview
Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. The fund invests in fixed interest securities issued by companies which, compared to bonds issued or guaranteed by governments, are exposed to greater risk of default in the repayment of the capital provided to the company or interest payments due to the fund. The fund invests in fixed interest securities such as corporate or government bonds which pay a fixed or variable rate of interest (also known as the ‘coupon’) and behave similarly to a loan. These securities are therefore exposed to changes in interest rates which will affect the value of any securities held. The fund(s) may invest in structured credit products such as asset backed securities (‘ABS’) which pool together mortgages and other debts into single or multiple series credit products which are then passed on to investors, normally in return for interest payments based on the cash flows from the underlying assets. These securities have similar characteristics to corporate bonds but carry greater risk as the details of the underlying loans is unknown, although loans with similar terms are typically packaged together. The stability of returns from ABS are not only dependent on changes in interest-rates but also changes in the repayments of the underlying loans as a result of changes in economic conditions or the circumstances of the holder of the loan. These securities can therefore be more sensitive to economic events, may be subject to severe price movements and can be more difficult and/or more expensive to sell in difficult markets.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
To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.
Performance
Performance
Distributions
Ex-Date | Total Distribution |
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Returns
The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past
Share Class and Benchmark performance displayed in JPY, hedged share class 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
Key Facts
Key Facts
Portfolio Characteristics
Portfolio Characteristics
ESG Integration
ESG Integration
Risk Indicator
Risk Indicator
Ratings
Holdings
Holdings
Name | Weight (%) |
---|---|
DEUTSCHE BAHN FINANCE GMBH PNC5.5 RegS 0.95 12/31/2079 | 1.44 |
FORD MOTOR CREDIT COMPANY LLC MTN 4.535 03/06/2025 | 1.08 |
SOCIETE GENERALE SA MTN 144A 5.25 02/19/2027 | 1.02 |
NC5 VOLKSWAGEN INTERNATIONAL FINA RegS 3.5 12/31/2079 | 0.87 |
OHIO POWER CO 5.65 06/01/2034 | 0.87 |
Name | Weight (%) |
---|---|
WORLDLINE SA RegS 0 07/30/2026 | 0.81 |
DUKE ENERGY CORP 3.85 06/15/2034 | 0.75 |
VOLKSWAGEN INTERNATIONAL FINANCE N RegS 4.625 12/31/2079 | 0.75 |
SES SA RegS 2.875 12/31/2079 | 0.75 |
BANK OF AMERICA CORP MTN 2.482 09/21/2036 | 0.72 |
Exposure Breakdowns
Exposure Breakdowns
Pricing & Exchange
Pricing & Exchange
Investor Class | Currency | NAV | NAV Amount Change | NAV % Change | NAV As Of | 52wk High | 52wk Low | ISIN |
---|---|---|---|---|---|---|---|---|
Class A6 Hedged | JPY | 958.00 | 1.00 | 0.10 | 11/Dec/2024 | 1,003.00 | 945.00 | LU2725777739 |
Class A10 Hedged | CNH | 102.55 | -0.01 | -0.01 | 11/Dec/2024 | 105.07 | 100.23 | LU2708803395 |
Class A10 | USD | 10.39 | 0.01 | 0.10 | 11/Dec/2024 | 10.57 | 10.05 | LU2708803122 |
Class A8 Hedged | NZD | 8.61 | 0.01 | 0.12 | 11/Dec/2024 | 8.73 | 8.26 | LU1149717313 |
Class A3G | USD | 10.37 | 0.01 | 0.10 | 11/Dec/2024 | 10.51 | 9.94 | LU2620702048 |
Class D5 Hedged | GBP | 9.43 | 0.00 | 0.00 | 11/Dec/2024 | 9.54 | 8.94 | LU1814255474 |
Class A10 Hedged | ZAR | 99.68 | 0.10 | 0.10 | 11/Dec/2024 | 101.32 | 96.23 | LU2725777655 |
Class A5 | USD | 10.51 | 0.01 | 0.10 | 11/Dec/2024 | 10.63 | 9.95 | LU0825403933 |
Class A8 Hedged | CNH | 88.68 | 0.00 | 0.00 | 11/Dec/2024 | 89.95 | 85.00 | LU1220227653 |
Class A6 | USD | 9.94 | 0.01 | 0.10 | 11/Dec/2024 | 10.07 | 9.53 | LU0788109634 |
Class A2 Hedged | EUR | 12.50 | 0.01 | 0.08 | 11/Dec/2024 | 12.59 | 11.75 | LU0297942434 |
Class A4 Hedged | EUR | 7.82 | 0.01 | 0.13 | 11/Dec/2024 | 8.06 | 7.61 | LU0303846876 |
Class A3 Hedged | NZD | 11.17 | 0.01 | 0.09 | 11/Dec/2024 | 11.30 | 10.66 | LU0803752475 |
Class I2 | USD | 12.80 | 0.01 | 0.08 | 11/Dec/2024 | 12.85 | 11.78 | LU1181254019 |
Class D2 Hedged | GBP | 10.57 | 0.00 | 0.00 | 11/Dec/2024 | 10.61 | 9.79 | LU1222731728 |
Class A2 | USD | 15.41 | 0.01 | 0.06 | 11/Dec/2024 | 15.48 | 14.26 | LU0297942194 |
Class A8 Hedged | AUD | 9.76 | 0.00 | 0.00 | 11/Dec/2024 | 9.88 | 9.34 | LU0871639976 |
Class D2 | USD | 16.56 | 0.02 | 0.12 | 11/Dec/2024 | 16.62 | 15.26 | LU0326960662 |
Class A6 Hedged | SGD | 8.41 | 0.00 | 0.00 | 11/Dec/2024 | 8.57 | 8.16 | LU1435395121 |
Class A6 Hedged | HKD | 71.48 | 0.06 | 0.08 | 11/Dec/2024 | 72.67 | 69.08 | LU0788109550 |
Class I2 Hedged | EUR | 10.22 | 0.01 | 0.10 | 11/Dec/2024 | 10.28 | 9.57 | LU1625162489 |
Class X4 Hedged | GBP | 8.50 | 0.01 | 0.12 | 11/Dec/2024 | 8.83 | 8.22 | LU0414062165 |
Class A3 Hedged | GBP | 9.54 | 0.01 | 0.10 | 11/Dec/2024 | 9.64 | 9.10 | LU0816460231 |
Class A3 Hedged | CAD | 10.13 | 0.01 | 0.10 | 11/Dec/2024 | 10.26 | 9.70 | LU0816460157 |
Class I4 Hedged | GBP | 9.21 | 0.01 | 0.11 | 11/Dec/2024 | 9.49 | 8.86 | LU1403442228 |
Class D2 Hedged | EUR | 13.41 | 0.01 | 0.07 | 11/Dec/2024 | 13.51 | 12.58 | LU0326951752 |
Class A3 Hedged | AUD | 10.73 | 0.01 | 0.09 | 11/Dec/2024 | 10.85 | 10.28 | LU0816460074 |
Class A2 Hedged | SEK | 100.27 | 0.07 | 0.07 | 11/Dec/2024 | 101.14 | 94.40 | LU1162516634 |