Strategic Global Bond Fund

Filter list by keyword Show More Show Less to of Total Sorry, no data available.

NAV as of Apr 22, 2025 $5.28
52 WK: 5.09 - 5.45
1 Day NAV Change as of Apr 22, 2025 0.00 (0.00%)
NAV Total Return as of Apr 22, 2025 YTD: 3.04%
GOLD

Overview

About this Fund

1. A diversified global bond portfolio

2. Accessing the full capacity of the global bond market

3. Seeks income and returns

Investment Approach

The BlackRock Strategic Global Bond Fund takes a diverse and unbiased approach seeking to avoid concentrated bets while offering an attractive source of diversification and return opportunities.

Next: Previous:

Performance

Returns

	1y	3y	5y	10y
Total Return (%)	3.73	-0.07	0.67	1.68
Benchmark (%)	3.05	-1.63	-1.38	0.61
Morningstar Category Avg. (%)	3.15	-0.17	0.64	0.64
Morningstar Ranking	67/159	63/158	54/151	-
Morningstar Quartile	2	2	2	1
Lipper Ranking	114/209	122/203	97/188	-
Lipper Quartile	3	3	3	-

Performance data is not currently available

	YTD	1m	3m	1y	3y	5y	10y
Total Return (%)	1.80	-0.03	1.80	3.73	-0.20	3.40	18.10
Benchmark (%)	2.64	0.62	2.64	3.05	-4.80	-6.73	6.23
Morningstar Category Avg. (%)	2.64	0.57	2.64	3.15	-0.52	3.25	6.60

Performance data is not currently available

	2020	2021	2022	2023	2024
Total Return (%)	9.10	-1.19	-14.67	7.01	0.51
Benchmark (%)	9.20	-4.71	-16.25	5.72	-1.69
Morningstar Category Avg. (%)	8.35	-4.18	-13.84	6.57	-0.76

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

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 performance information for periods prior to November 13, 2015, the commencement of operations of the share class, shows the performance of the Fund’s Institutional Shares. The performance of this share class would be substantially similar to Institutional Shares because this share class and Institutional Shares invest in the same portfolio of securities and performance would only differ to the extent that this share class and Institutional Shares have different expenses.

The Fund’s returns prior to September 1, 2015 are the returns of the Fund when it followed different investment strategies under the name “BlackRock World Income Fund, Inc.”

See the Fund’s prospectus for more details.

Click here for Distribution data

Key Facts

Size of Fund (Millions)

as of Apr 22, 2025

$831.2 M

Share Class launch date

Nov 13, 2015

Benchmark Index

Bloomberg Global Aggregate Bond Index

Morningstar Category

Global Bond

CUSIP

09252X608

Open to New Investors

Yes

Size of Class (Millions)

as of Apr 22, 2025

$211.1 M

Asset Class

Fixed Income

Distribution Frequency

None

Lipper Classification

Global Income Funds

Max Offer Price

as of Apr 22, 2025

$5.28

Turnover Percent in the Annual Report

as of Dec 31, 2024

293%

Portfolio Characteristics

Number of Holdings

as of Mar 31, 2025

3,203

Alpha (3y)

as of Mar 31, 2025

0.11

R-Squared (3y)

as of Mar 31, 2025

96.31

Beta (3y)

as of Mar 31, 2025

0.85

Unsubsidized 30-Day SEC Yield

as of Mar 31, 2025

4.38%

Effective Duration

as of Mar 31, 2025

5.50 yrs

Best 3-Month Return Over the Last 3 Years

3 months ending Dec 31, 2023

8.25%

30 Day SEC Yield

as of Mar 31, 2025

4.51%

Yield to Maturity

as of Mar 31, 2025

5.11%

Fund Standard Deviation (3y)

as of Mar 31, 2025

8.00

Average Coupon

as of Mar 31, 2025

4.33%

Yield to Worst

as of Mar 31, 2025

5.02%

Nominal WAL

as of Mar 31, 2025

7.45 yrs

Worst 3-Month Return Over the Last 3 Years

3 months ending Oct 31, 2022

-8.31%

For the latest month-end Distribution Yield, click here.

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Fees

as of current prospectus

Gross Expense Ratio	0.65%
Net Expense Ratio	0.50%

Net Expense Ratio excluding Investment Related Expenses is 0.48%

Acquired Fund Fees and Expenses 0.02%
Interest expense 0.00%

Ratings

Morningstar Medalist Rating

Morningstar has awarded the Fund a Gold medal, its highest level of conviction. (Effective May 31, 2024)

Analyst-Driven % as of May 31, 2024

100.00

Data Coverage % as of May 31, 2024

100.00

Lipper Leader

Lipper Leader Ratings

Expense

Overall Lipper Leaders ratings based on an equal-weighted average of percentile ranks for each measure over 3-, 5-, and 10-year periods (if applicable) and do not take into account the effects of sales charges for these categories (Consistent Return, Preservation, Total Return, Expense, and Tax Efficiency) as of Mar 31, 2025 out of 203, 6,077, 203, 346 and 203 Funds, respectively in Lipper's Global Income Funds classification.

Holdings

as of Mar 31, 2025

Name	Weight (%)
UMBS 30YR TBA(REG A)	8.94
CHINA PEOPLES REPUBLIC OF (GOVERNM 1.67 06/15/2026	2.15
GNMA2 30YR TBA(REG C)	1.96
CHINA PEOPLES REPUBLIC OF (GOVERNM 3.02 05/27/2031	1.91
FNMA 30YR UMBS SUPER	1.56

Name	Weight (%)
FNMA 30YR UMBS	1.44
CHINA PEOPLES REPUBLIC OF (GOVERNM 2.05 04/15/2029	1.28
SPAIN (KINGDOM OF) 2.55 10/31/2032	1.04
SPAIN (KINGDOM OF) 3.55 10/31/2033	0.91
SPAIN (KINGDOM OF) 3.15 04/30/2035	0.81

Name	Market Value	Weight (%)	Shares	Maturity	Coupon (%)
BLACKROCK LIQ FUND T-FD-IN	$38,312,960.26	4.65	38,312,960.00	-	4.35
UMBS 30YR TBA(REG A)	$25,180,857.29	3.06	28,429,346.00	Feb 13, 2025	3.50
UMBS 30YR TBA(REG A)	$20,365,428.94	2.47	21,603,000.00	Feb 13, 2025	4.50
CHINA PEOPLES REPUBLIC OF (GOVERNM	$17,809,380.22	2.16	127,370,000.00	Jun 15, 2026	1.67
CASH COLLATERAL USD XMS	$17,768,230.00	2.16	17,768,230.00	Dec 31, 2049	4.35
CHINA PEOPLES REPUBLIC OF (GOVERNM	$15,956,440.99	1.94	105,780,000.00	May 27, 2031	3.02
DERIV USD BALANCE WITH R93535 CME	$15,467,319.85	1.88	15,467,320.00	Feb 03, 2025	4.35
CHINA PEOPLES REPUBLIC OF (GOVERNM	$10,712,584.69	1.30	74,580,000.00	Apr 15, 2029	2.05
CASH COLLATERAL USD MLPFT	$10,232,798.00	1.24	10,232,798.00	Dec 31, 2049	4.35
SPAIN (KINGDOM OF)	$8,341,419.32	1.01	8,147,000.00	Oct 31, 2032	2.55

1 to 10 of 2,870

Previous1 2 3 4 5…287Next

Detailed Holdings and Analytics

Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

as of Mar 31, 2025

% of Market Value

Type	Fund	Benchmark	Net
Emerging Markets	22.43	10.99	11.44
Agency Residential Mortgages	19.42	10.46	8.97
US Investment Grade Credit	12.98	10.30	2.68
Non-US Credit	12.14	10.10	2.04
Non-US Sovereign	11.25	33.61	-22.36
Commercial Mortgages	9.58	0.64	8.93
US High Yield Credit	4.81	0.00	4.81
ABS	4.31	0.20	4.12
Net Derivatives	2.86	0.00	2.86
CLO Securities	2.32	0.00	2.32

Show More Show Less

as of Mar 31, 2025

% of Market Value

Type	Fund	Benchmark	Net
United States	56.96	41.17	15.80
United Kingdom	5.86	4.29	1.57
Canada	4.21	3.51	0.71
Spain	4.18	2.27	1.91
France	3.75	5.09	-1.34
China	3.55	10.05	-6.50
India	3.51	0.05	3.46
Germany	3.18	4.68	-1.49
Australia	3.14	1.59	1.55
Italy	2.86	3.12	-0.26

Show More Show Less

as of Mar 31, 2025

% of Market Value

Type	Fund	Benchmark	Net
North America	53.71	44.40	9.31
Europe	28.08	25.40	2.68
Emerging Markets	23.30	15.84	7.47
Net Derivatives	2.86	0.00	2.86
World	0.00	2.52	-2.52
Asia Pacific Basin	-5.81	11.84	-17.65
Other	0.13	0.00	0.12
Cash	-2.27	0.00	-2.27

Show More Show Less

as of Mar 31, 2025

% of Market Value

Type	Fund	Benchmark	Net
Derivatives	-0.05	0.00	-0.05
0 - 1 Years	7.20	0.23	6.97
1 - 2 Years	10.53	12.77	-2.24
2 - 3 Years	9.37	11.37	-2.00
3 - 5 Years	28.74	20.48	8.26
5 - 7 Years	12.73	13.97	-1.24
7 - 10 Years	21.13	19.94	1.19
10 - 15 Years	2.55	5.30	-2.75
15 - 20 Years	0.63	5.49	-4.86
20+ Years	9.44	10.45	-1.01

Show More Show Less

as of Mar 31, 2025

% of Market Value

Type	Fund	Benchmark	Net
Derivatives	-0.05	0.00	-0.05
AAA Rated	8.57	11.70	-3.13
AA rated	26.93	42.84	-15.91
A Rated	24.39	26.96	-2.57
BBB Rated	15.87	14.03	1.83
BB Rated	9.43	0.01	9.42
B Rated	6.09	0.00	6.09
CCC Rated	1.02	0.00	1.02
CC Rated	0.06	0.00	0.06
C Rated	0.12	0.00	0.12

Show More Show Less

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. Certain transactions the funds may utilize may give rise to a form of leverage through either (a) additional market exposure or (b) borrowing capital in an attempt to increase investment return. The use of such transactions includes certain leverage-related risks, including potential for higher volatility, greater decline of the fund’s net asset value and fluctuations of dividends and distributions paid by the fund.

Allocations are subject to change.

Portfolio Managers

Chief Investment Officer of Global Fixed Income

Rick Rieder, Senior Managing Director, is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Fundamental Fixed Income business and Head of the Global Allocation Investment Team.

Responsible for managing roughly $2.4 trillion in assets, Mr. Rieder is a member of BlackRock’s Global Executive Committee (GEC) and its GEC Investment Sub-Committee. He also is Chairman of the firm-wide BlackRock Investment Council.

Mr. Rieder currently serves on the Alphabet/Google Investment Advisory Committee and the UBS Research Advisory Board. He was nominated for Outstanding Portfolio Manager by Morningstar in 2021, was awarded the Global Unconstrained Fixed Income Manager of the Year for 2015 by Institutional Investor, was nominated for Fixed Income Manager of the Year by Institutional Investor for 2014 and was inducted into the Fixed Income Analysts Society Fixed Income Hall of Fame in 2013.

Mr. Rieder has served as Vice Chairman and member of the Borrowing Committee for the U.S. Treasury and member of the Federal Reserve’s Investment Advisory Committee on Financial Markets.

Before joining BlackRock in 2009, Mr. Rieder was President and Chief Executive Officer of R3 Capital Partners. From 1987 to 2008, he was with Lehman Brothers where he was head of the firm's Global Principal Strategies team, a global proprietary investment platform. He was also global head of the firm's credit businesses, Chairman of the Corporate Bond and Loan Capital Commitment Committee and a member of the Board of Trustees for the corporate pension fund. Before joining Lehman Brothers, Mr. Rieder was a credit analyst at SunTrust Banks in Atlanta.

Mr. Rieder earned a BBA degree in Finance from Emory University in 1983 and an MBA degree from The Wharton School of the University of Pennsylvania in 1987. He is a member of the board of Emory University, Emory's Goizueta Business School, and the University's Finance Committee, and is the Vice Chairman of the Investment Committee. Mr. Rieder is founder and chairman of the Goizueta Business School's BBA investment fund and community financial literacy outreach program, Graduation Generation. Mr. Rieder serves as Chairman and President of the Board of Education for North Star Academy's fourteen Charter Schools in Newark, NJ. He is on the Board of the BlackRock Foundation, the Board of Advisors for the Hospital for Special Surgery, and the Board of Big Brothers/Big Sisters of Newark and Essex County. Mr. Rieder formerly served on the Board and National Leadership Council of the Communities in Schools Educational Foundation in Atlanta, and Trustee for the U.S. Olympic Foundation. Mr. Rieder was honored at the Choose Success Awards ceremony in Atlanta in 2015 for his dedication to public education in Atlanta through CIS and Graduation Generation.