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.
Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk. Derivatives may be highly sensitive to changes in the value of the asset on which they are based and can increase the size of losses and gains, resulting in greater fluctuations in the value of the Fund. The impact to the Fund can be greater where derivatives are used in an extensive or complex way. The Fund seeks to exclude companies engaging in certain activities inconsistent with ESG criteria. Such ESG screening may reduce the potential investment universe and this may adversely affect the value of the Fund’s investments compared to a fund without such screening.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
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Returns
This chart shows the product's performance as the percentage loss or gain per year over the last 8 years.
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (%) | 6.6 | -1.9 | 8.2 | 7.0 | 0.5 | -9.8 | 11.1 | 2.0 | ||
| Target Benchmark 1 (%) | 9.4 | 9.9 |
Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.
| 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|
| Total Return (%) | 3.10 | 2.20 | 4.23 | - | 3.41 |
| Target Benchmark 1 (%) | 9.74 | - | - | - | - |
| YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
|---|---|---|---|---|---|---|---|---|---|
| Total Return (%) | 1.43 | -0.49 | 1.43 | 0.43 | 3.10 | 6.73 | 22.99 | - | 34.59 |
| Target Benchmark 1 (%) | 2.23 | 0.75 | 2.23 | 4.63 | 9.74 | - | - | - | - |
| From 31-Mar-2020 To 31-Mar-2021 |
From 31-Mar-2021 To 31-Mar-2022 |
From 31-Mar-2022 To 31-Mar-2023 |
From 31-Mar-2023 To 31-Mar-2024 |
From 31-Mar-2024 To 31-Mar-2025 |
|
|---|---|---|---|---|---|
|
Total Return (%)
as of 31/Mar/2025 |
17.57 | -1.99 | -3.43 | 7.20 | 3.10 |
|
Target Benchmark 1 (%)
as of 31/Mar/2025 |
- | - | - | 9.83 | 9.74 |
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 GBP, hedged share class benchmark performance is displayed in GBP.
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
Risk Indicator
Risk Indicator
Ratings
Ratings
Morningstar Medalist Rating
Holdings
Holdings
| Name | Weight (%) |
|---|---|
| YORKSHIRE WATER FINANCE PLC MTN RegS 5.25 04/28/2030 | 4.02 |
| COOPERATIEVE CENTRALE RAIFFEISEN-B MTN RegS 4.625 05/23/2029 | 3.36 |
| LEGAL & GENERAL GROUP PLC RegS 5.125 11/14/2048 | 3.33 |
| TIME WARNER CABLE LLC 5.75 06/02/2031 | 3.32 |
| TESCO PROPERTY RegS | 3.18 |
| Name | Weight (%) |
|---|---|
| ELECTRICITE DE FRANCE SA MTN RegS 5.875 12/31/2079 | 2.90 |
| EON INTERNATIONAL FINANCE BV MTN RegS 6.25 06/03/2030 | 2.78 |
| TOTALENERGIES SE NC5.25 RegS 2 12/31/2079 | 2.58 |
| BARCLAYS PLC RegS 7.09 11/06/2029 | 2.57 |
| HEATHROW FUNDING LTD MTN RegS 2.625 03/16/2028 | 2.49 |
Exposure Breakdowns
Exposure Breakdowns
Pricing & Exchange
Pricing & Exchange
| Investor Class | Currency | Bid Price | Offer Price | ISIN |
|---|---|---|---|---|
| Class D | GBP | 1.34 | 1.35 | GB00BZ6DDJ74 |
| Class S | GBP | 0.96 | 0.96 | GB00BFK3LW26 |
| Class A | GBP | 1.06 | 1.07 | GB00BZ6DDH50 |
| Class D | GBP | 1.06 | 1.06 | GB00BZ6DDM04 |
| Class X | GBP | 1.41 | 1.41 | GB00BZ6DDP35 |
| Class A | GBP | 1.28 | 1.28 | GB00BZ6DDG44 |
| Class Z | GBP | 1.36 | 1.37 | GB00BZ6DDZ33 |
| Class X | GBP | 1.06 | 1.06 | GB00BZ6DDQ42 |
| Class Z | GBP | 1.06 | 1.06 | GB00BZ6DF359 |
Portfolio Managers
Portfolio Managers
Managing Director, is Head of the Fundamental Sterling Team within BlackRock's Global Fixed Income (GFI) Group.
Ben Edwards, CFA, Managing Director, is a Portfolio Manager in the Sterling Bond Portfolio team within BlackRock's Global Fixed Income Group. Mr. Edwards is the lead fund manager of the BlackRock Corporate Bond Fund and co-manager of the BlackRock Sterling Strategic Bond Fund.
