Fixed Income

iShares Emerging Markets Local Government Bond Index Fund (IE)

  • NAV as of 19/May/2025 USD 10.26
    52 WK: 9.31 - 10.26
  • 1 Day NAV Change as of 19/May/2025 0.06 (0.59%)

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.

Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets and failed/delayed delivery of securities or payments to the Fund. Fixed income securities issued or guaranteed by government entities in emerging markets generally experience higher ‘Credit Risk’ than developed economies. Changes to interest rates, credit risk and/or issuer defaults will have a significant impact on the performance of fixed income securities. Noninvestment grade fixed income securities can be more sensitive to changes in these risks than higher rated fixed income securities. Potential or actual credit rating downgrades may increase the level of perceived risk. Currency Risk: The Fund invests in other currencies. Changes in exchange rates will therefore affect the value of the investment.

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

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Performance

Performance

Chart

View full chart
Chart
Line chart with 85 data points.
The chart has 1 X axis displaying Time. Range: 2018-04-30 00:00:00 to 2025-04-30 00:00:00.
The chart has 1 Y axis displaying values. Range: -20 to 20.
YTD6M1Y3Y5Y10YAll
End of interactive chart.
Source: For UK-domiciled funds (such as the BlackRock Retail Authorised Unit Trusts and BlackRock Collective Investment Funds 'BCIF'), performance is shown on a bid to bid price basis, with net income reinvested, in the currency indicated on the chart. Performance is shown net of fees. For Luxembourg-domiciled funds (such as BlackRock Global Funds 'BGF' and BlackRock Strategic Funds 'BSF'), performance is shown on a net asset value basis, with gross income reinvested, in the currency indicated in the chart. Performance is shown net of fees. Past performance is not a guide to future performance.
Chart
Line chart with 1723 data points.
The chart has 1 X axis displaying Time. Range: 2018-05-01 00:00:00 to 2025-05-19 00:00:00.
The chart has 1 Y axis displaying values. Range: 6 to 12.
YTD6M1Y3Y5Y10YAll
End of interactive chart.
Chart
Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying Values. Range: -15 to 15.
End of interactive chart.
  2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Return (%) 12.7 2.4 -9.0 -11.7 12.0 -2.6
Benchmark (%) 13.5 2.7 -8.7 -11.7 12.7 -2.4

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  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

12.55 -8.50 -1.35 4.48 3.73
Benchmark (%)

as of 31/Mar/2025

13.03 -8.53 -0.72 4.91 4.03
  1y 3y 5y 10y Incept.
Total Return (%) 9.27 5.53 1.81 - 0.27
Benchmark (%) 9.75 5.98 2.16 - 0.67
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 7.41 3.14 5.41 4.69 9.27 17.52 9.38 - 1.88
Benchmark (%) 7.70 3.25 5.53 5.02 9.75 19.04 11.29 - 4.78

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 USD, 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

Net Assets
as of 19/May/2025
USD 53,655,501
Share Class launch date
04/May/2018
Share Class Currency
USD
Asset Class
Fixed Income
SFDR Classification
Other
Ongoing Charges Figures
0.25%
ISIN
IE00BF2N5W82
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Global Emerging Markets Bond - Local Currency
Dealing Frequency
Daily, forward pricing basis
SEDOL
BF2N5W8
Net Assets of Fund
as of 19/May/2025
USD 1,814,519,950
Fund Launch Date
04/May/2018
Fund Base Currency
USD
Benchmark Index
J.P. Morgan GBI-EM Global Diversified Index
Initial Charge
0.00%
Management Fee
0.15%
Performance Fee
0.00%
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BRLGDUA

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 30/Apr/2025
348
3y Beta
as of 30/Apr/2025
1.006
Modified Duration
as of 30/Apr/2025
5.31
Effective Duration
as of 30/Apr/2025
5.30
WAL to Worst
as of 30/Apr/2025
7.78
Standard Deviation (3y)
as of 30/Apr/2025
10.17%
Yield to Maturity
as of 30/Apr/2025
6.63
Weighted Average YTM
as of 30/Apr/2025
6.63%
Weighted Avg Maturity
as of 30/Apr/2025
7.78

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Morningstar Medalist Rating

Morningstar Medalist Rating - SILVER
Morningstar has awarded the Fund a Silver medal. (Effective 31/Mar/2025)
Analyst-Driven % as of 31/Mar/2025
20.00
Data Coverage % as of 31/Mar/2025
78.00

Holdings

Holdings

as of 30/Apr/2025
Name Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 07/01/2026 1.48
BRAZIL FEDERATIVE REPUBLIC OF (GOV 10 01/01/2029 1.25
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.69 08/15/2032 1.13
INDIA (REPUBLIC OF) 7.3 06/19/2053 1.08
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.68 05/21/2030 1.01
Name Weight (%)
INDIA (REPUBLIC OF) 7.18 08/14/2033 0.97
BRAZIL FEDERATIVE REPUBLIC OF (GOV 0 01/01/2026 0.96
MEXICO (UNITED MEXICAN STATES) (GO 5.5 03/04/2027 0.95
BRAZIL FEDERATIVE REPUBLIC OF (GO 10 01/01/2027 0.92
MEXICO (UNITED MEXICAN STATES) (GO 8.5 03/01/2029 0.90
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 30/Apr/2025

% of Market Value

as of 30/Apr/2025

% of Market Value

Show More
as of 30/Apr/2025

% of Market Value

as of 30/Apr/2025

% of Market Value

as of 30/Apr/2025

% of Market Value

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.

Pricing & Exchange

Pricing & Exchange

Portfolio Managers

Portfolio Managers

Samia Zhaibet
Samia Zhaibet

Literature

Literature