Fixed Income

BlackRock Advantage Global Corporate Credit Screened Fund

  • NAV as of 12/Aug/2025 GBP 99.65
    52 WK: 94.36 - 100.04
  • 1 Day NAV Change as of 12/Aug/2025 -0.14 (-0.14%)
  • Morningstar Rating

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.

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 risk. 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. 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. Investors should therefore make a personal ethical assessment of the Fund’s ESG screening prior to investment investing in the Fund. Such ESG screening 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

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Performance

Performance

Chart

View full chart
Chart
Line chart with 63 data points.
The chart has 1 X axis displaying Time. Range: 2020-03-31 00:00:00 to 2025-07-31 00:00:00.
The chart has 1 Y axis displaying values. Range: -20 to 10.
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 1204 data points.
The chart has 1 X axis displaying Time. Range: 2020-07-31 00:00:00 to 2025-08-12 00:00:00.
The chart has 1 Y axis displaying values. Range: 70 to 110.
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: -20 to 15.
End of interactive chart.
  2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Return (%) -1.4 -15.2 8.7 3.6
Comparator Benchmark 1 (%) -0.8 -14.1 9.1 3.7

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 (%) 5.56 3.42 -0.11 - -0.11
Comparator Benchmark 1 (%) 5.32 3.98 0.46 - 0.46
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
Total Return (%) 3.90 0.59 2.05 3.35 5.56 10.61 -0.55 - -0.55
Comparator Benchmark 1 (%) 4.09 0.29 1.91 3.46 5.32 12.43 2.31 - 2.31
  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 		From
30-Jun-2024
To
30-Jun-2025
Total Return (%)

as of 30/Jun/2025

- -13.45 -0.03 6.20 6.84
Comparator Benchmark 1 (%)

as of 30/Jun/2025

- -12.88 1.78 6.10 7.30

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 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 of Fund
as of 12/Aug/2025
USD 116,190,953
Fund Launch Date
31/Jul/2020
Fund Base Currency
USD
Comparator Benchmark 1
Bloomberg Global Aggregate Corporate Index
SDR classification
ESG Overseas
Ongoing Charges Figures
0.00%
ISIN
IE00BKSBGM81
Minimum Initial Investment
USD 1,000,000.00
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
Global Corporate Bond - GBP Hedged
Dealing Frequency
Daily, forward pricing basis
SEDOL
BKSBGM8
Share Class launch date
31/Jul/2020
Share Class Currency
GBP
Asset Class
Fixed Income
SFDR Classification
Article 8
Initial Charge
0.00%
Management Fee
0.00%
Performance Fee
0.00%
Minimum Subsequent Investment
USD 10,000.00
Domicile
Ireland
Management Company
BlackRock Asset Management Ireland Limited
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BLACSXH

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 31/Jul/2025
703
3y Beta
as of 31/Jul/2025
0.958
Modified Duration
as of 31/Jul/2025
5.78
Effective Duration
as of 31/Jul/2025
5.73
WAL to Worst
as of 31/Jul/2025
8.26
Standard Deviation (3y)
as of 31/Jul/2025
6.68%
Yield to Maturity
as of 31/Jul/2025
4.61
Weighted Average YTM
as of 31/Jul/2025
4.45%
Weighted Avg Maturity
as of 31/Jul/2025
8.26

Risk Indicator

Risk Indicator

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

Ratings

Ratings

Morningstar Rating

3 stars
Overall Morningstar Rating for BlackRock Advantage Global Corporate Credit Screened Fund, Class X Hedged, as of 31/Jul/2025 rated against 219 Global Corporate Bond - GBP Hedged Funds.

Holdings

Holdings

as of 31/Jul/2025
Name Weight (%)
POSTNL NV RegS 4.75 06/12/2031 0.92
DANONE SA MTN RegS 3.481 05/03/2030 0.81
SCOR SE RegS 3.625 05/27/2048 0.80
BANCO SANTANDER SA MTN RegS 3.25 05/27/2032 0.79
NOKIA OYJ MTN RegS 4.375 08/21/2031 0.75
Name Weight (%)
CH ROBINSON WORLDWIDE INC 4.2 04/15/2028 0.71
A1 TOWERS HOLDING GMBH RegS 5.25 07/13/2028 0.63
KONINKLIJKE KPN NV 8.375 10/01/2030 0.61
SAP SE RegS 1.625 03/10/2031 0.56
TRANSURBAN FINANCE COMPANY PTY LTD MTN RegS 3.713 03/12/2032 0.51
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 31/Jul/2025

% of Market Value

as of 31/Jul/2025

% of Market Value

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as of 31/Jul/2025

% of Market Value

as of 31/Jul/2025

% of Market Value

as of 31/Jul/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

Riyadh Ali
Riyadh Ali
Jeffrey Rosenberg
Jeffrey Rosenberg
Alessandro Ferrante
Alessandro Ferrante

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.