Fixed Income

BEHIX

BlackRock Emerging Markets Bond Fund

Overview

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Performance

Performance

  1y 3y 5y 10y Incept. Performance data for certain classes of shares of certain funds are based on pre-class inception information dating back to an older class of fund shares. This information may be considered when assessing a fund's performance, but it does not represent actual performance of these classes of shares. The inception date noted under Key Fund Facts is the date the class of shares was incepted. See fund prospectus or fact sheet for details.
-5.84 - - - -3.10
Morningstar Category Avg. (%) Emerging Markets Bond -2.01 6.80 3.86 8.19 -
  YTD 1m 3m 1y 3y 5y 10y Incept. Performance data for certain classes of shares of certain funds are based on pre-class inception information dating back to an older class of fund shares. This information may be considered when assessing a fund's performance, but it does not represent actual performance of these classes of shares. The inception date noted under Key Fund Facts is the date the class of shares was incepted. See fund prospectus or fact sheet for details.
-5.84 0.98 -2.85 -5.84 - - - -4.41
Morningstar Category Avg. (%) Emerging Markets Bond 3.97 3.97 4.73 -2.01 15.86 14.23 112.10 -
  2014 2015 2016 2017 2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. - - - - -5.84
Morningstar Category Avg. (%) Emerging Markets Bond -0.80 -5.99 10.51 10.25 -4.93
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.

The Fund’s returns prior to September 17, 2018 are the returns of a predecessor fund that reorganized into the Fund on September 17, 2018. The predecessor fund had the same investment objectives, strategies and policies, portfolio management team and contractual arrangements, including the same contractual fees and expenses, as the Fund as of the date of the reorganization. As a result, the performance of the Fund would have been substantially similar to that of the predecessor fund.

Cum. Fund Perf. Since Inception: 1.89

Source: Lipper. Data reflects different methodology from the BlackRock calculated returns in the Returns tab. The $10,000 Hypothetical Over Time chart reflects a hypothetical $10,000 investment in the investor class of shares noted and does not assume the max sales charge. Had sales charge been included, returns would have been lower. The chart uses total return NAV performance and assumes reinvestment of dividends and capital gains. Fund expenses, including 12b-1 fees, management fees and other expenses were deducted. Performance for other share classes will vary.

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Ex-Date Payable Date Record Date Total Distribution Current year distributions are not classified as “Income,” “Short-Term Capital Gains,” “Long-Term Capital Gains,” or “Return of Capital” until approximately 60 days following calendar year-end. Income ST Cap Gains LT Cap Gains Return of Capital

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Year Total Distribution Current year distributions are not classified as “Income,” “Short-Term Capital Gains,” “Long-Term Capital Gains,” or “Return of Capital” until calendar year-end. Income ST Cap Gains LT Cap Gains

Past distributions are not indicative of future distributions.
Click here, for the most recent distributions.



Key Facts

Key Facts

Size of Class (Millions) as of Mar 22, 2019 $0.0 M
Size of Fund (Millions) as of Mar 22, 2019 $23.5 M
Share Class launch date Jul 12, 2017
Asset Class Fixed Income
Morningstar Category Emerging Markets Bond
Lipper Classification Emerging Mkts Debt Funds
Benchmark Index JP Morgan EMBI Global Diversified Index
CUSIP 09260B861
Net, Excluding Investment Related Expenses 0.65%
Gross Expense Ratio 1.35%
Number of Holdings as of Feb 28, 2019 123
Max Offer Price as of Mar 21, 2019 $9.44
Open to New Investors Yes

Portfolio Characteristics

Portfolio Characteristics

R-Squared (3y) as of Feb 28, 2019 0.00
Beta (3y) as of Feb 28, 2019 0.00
Nominal WAL as of Feb 28, 2019 12.87 yrs
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Ratings

Holdings

Holdings

as of Feb 28, 2019
Name Weight (%)
UKRAINE REPUBLIC OF (GOVERNMENT) 6.37
ECUADOR REPUBLIC OF (GOVERNMENT) 4.91
ARGENTINA REPUBLIC OF GOVERNMENT 4.74
OMAN SULTANATE OF (GOVERNMENT) 4.14
EGYPT (ARAB REPUBLIC OF) 3.91
Name Weight (%)
PETROLEOS MEXICANOS 3.67
RUSSIAN FEDERATION 3.24
SOUTH AFRICA (REPUBLIC OF) 2.98
PETROLEOS DE VENEZUELA SA 2.97
COLOMBIA (REPUBLIC OF) 2.64

Exposure Breakdowns

Exposure Breakdowns

as of Feb 28, 2019

% of Market Value

Type Fund
as of Feb 28, 2019

% of Market Value

Type Fund
as of Feb 28, 2019

% of Market Value

Type Fund
as of Feb 28, 2019

% of Market Value

Type Fund
Allocations subject to change.
as of Feb 28, 2019

% of Market Value

Type Fund
as of Feb 28, 2019

% of Market Value

Type Fund
as of Feb 28, 2019

% of Market Value

Type Fund
The fund itself has not been rated by an independent rating agency. Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

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.
BlackRock Fixed Income Funds Delivered
21 of 25 U.S. bond funds, accounting for 99% of our assets, outperformed within their Morningstar peer groups. Based on Inst. shares.*
22 of 25 U.S. bond funds, accounting for 88% of our bond funds, are in the least expensive quartile. Based on Inst. shares.†
See the numbers See the numbers

Portfolio Managers

Portfolio Managers

Sergio Trigo Paz
Head of BlackRock Emerging Markets Fixed Income

    

Michel Aubenas
Michel Aubenas
Portfolio Manager

Literature

Literature