Overview
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.
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Performance
Performance
Growth of Hypothetical 10,000
-
Returns
1Y | 3Y | 5Y | 10y | Incept. | |
---|---|---|---|---|---|
Total Return (%) | - | - | - | - | - |
Constraint Benchmark 1 (%) | - | - | - | - | - |
YTD | 1m | 3M | 6M | 1Y | 3Y | 5Y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) | 0.10 | 1.18 | 4.58 | 0.69 | - | - | - | - | 2.80 |
Constraint Benchmark 1 (%) | 1.63 | 2.64 | 5.91 | 2.11 | - | - | - | - | 4.41 |
From 30-Jun-2019 To 30-Jun-2020 |
From 30-Jun-2020 To 30-Jun-2021 |
From 30-Jun-2021 To 30-Jun-2022 |
From 30-Jun-2022 To 30-Jun-2023 |
From 30-Jun-2023 To 30-Jun-2024 |
|
---|---|---|---|---|---|
Total Return (%)
as of Jun 30, 2024 |
- | - | - | - | - |
Constraint Benchmark 1 (%)
as of Jun 30, 2024 |
- | - | - | - | - |
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 EUR, 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
ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ 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 or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.
Ratings
Risk Indicator
Risk Indicator
Holdings
Holdings
Name | Weight (%) |
---|---|
GNMA2 30YR | 41.17 |
FNMA 30YR UMBS | 23.20 |
FHLMC 30YR UMBS | 12.10 |
GNMA2 30YR TBA(REG C) | 10.42 |
FHLMC 30YR UMBS SUPER | 7.40 |
Name | Weight (%) |
---|---|
GNMA2 30YR 2020 PRODUCTION | 2.60 |
GNMA_21-191B BI | 1.06 |
GNMA2 30YR 2023 PRODUCTION | 0.60 |
FHMR_20-P003 A2 | 0.42 |
FNMA_17-76 PB | 0.29 |
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 SR2 Hedged | EUR | 10.42 | -0.04 | -0.38 | Aug 16, 2024 | 10.53 | 9.77 | LU2714841512 |
C1 | USD | 8.03 | -0.03 | -0.37 | Aug 16, 2024 | 8.12 | 7.28 | LU0147384878 |
A3 | USD | 7.63 | -0.02 | -0.26 | Aug 16, 2024 | 7.70 | 6.92 | LU0172418690 |
Class SR2 | USD | 10.56 | -0.04 | -0.38 | Aug 16, 2024 | 10.66 | 9.85 | LU2714841439 |
Class ZI2 Hedged | EUR | 10.64 | -0.04 | -0.37 | Aug 16, 2024 | 10.75 | 9.49 | LU2533725326 |
A1 | USD | 7.62 | -0.03 | -0.39 | Aug 16, 2024 | 7.70 | 6.91 | LU0035308682 |
A2 Hgd | EUR | 10.39 | -0.04 | -0.38 | Aug 16, 2024 | 10.49 | 9.76 | LU2714841868 |
Class ZI2 | USD | 11.11 | -0.04 | -0.36 | Aug 16, 2024 | 11.21 | 9.76 | LU2533725599 |
D3 | USD | 7.65 | -0.02 | -0.26 | Aug 16, 2024 | 7.72 | 6.94 | LU0592702145 |
I2 Hgd | EUR | 10.98 | -0.04 | -0.36 | Aug 16, 2024 | 11.08 | 9.80 | LU2677621554 |
E2 | EUR | 15.25 | 0.00 | 0.00 | Aug 16, 2024 | 15.43 | 14.03 | LU0277197322 |
I2 | USD | 9.93 | -0.04 | -0.40 | Aug 16, 2024 | 10.03 | 8.74 | LU2011139206 |
I3 | USD | 7.79 | -0.03 | -0.38 | Aug 16, 2024 | 7.86 | 7.07 | LU1456639035 |
Class SR5 Hedged | EUR | 10.22 | -0.04 | -0.39 | Aug 16, 2024 | 10.32 | 9.68 | LU2714841603 |
Class SR5 Hedged | GBP | 10.32 | -0.03 | -0.29 | Aug 16, 2024 | 10.42 | 9.72 | LU2714841785 |
Class I5 Hedged | GBP | 10.82 | -0.04 | -0.37 | Aug 16, 2024 | 10.92 | 9.81 | LU2677621471 |
C2 | USD | 14.53 | -0.05 | -0.34 | Aug 16, 2024 | 14.67 | 12.97 | LU0147385503 |
A2 | USD | 18.83 | -0.06 | -0.32 | Aug 16, 2024 | 19.01 | 16.63 | LU0096258446 |
Class SR5 | USD | 10.35 | -0.04 | -0.38 | Aug 16, 2024 | 10.45 | 9.75 | LU2714841355 |
X3 | USD | 7.78 | -0.03 | -0.38 | Aug 16, 2024 | 7.85 | 7.06 | LU1246652132 |
D2 | USD | 19.84 | -0.07 | -0.35 | Aug 16, 2024 | 20.03 | 17.48 | LU0424777026 |
E2 | USD | 16.77 | -0.06 | -0.36 | Aug 16, 2024 | 16.94 | 14.88 | LU0147385842 |
Portfolio Managers
Portfolio Managers
![Matthew Kraeger](/amer-retail-c-assets/cache-1668770338000/images/media-bin/web/global/headshots/matthew-kraeger.webp)
Matthew Kraeger, Managing Director, is lead portfolio manager for mortgage portfolios on BlackRock's Global Fixed Income platform. He is responsible for the Mortgage Portfolio Team.
![Siddharth Mehta](/amer-retail-c-assets/cache-1668770339000/images/media-bin/web/global/headshots/siddharth-mehta.webp)
Siddharth Mehta, Director, is a member of the Mortgage Portfolio Team within BlackRock's Americas Fixed Income Alpha Strategies.