BlackRock Global Funds - US Dollar Short Duration Bond Fund A2 USD
BlackRock Global Funds (SICAV domiciled in Luxembourg)
Key Information
Legal Documents

Fund Profile

Category: SICAV

The Fund aims to maximise the return on your investment through a combination of capital growth and income on the Fund’s assets. The Fund invests at least 80% of its total assets in fixed income (FI) securities. These include bonds and money market instruments (i.e. debt securities with short term maturities). The FI securities may be issued by the United States (US) government and its agencies, non-US, governments and government agencies, and companies and supranationals (e.g. the International Bank for Reconstruction and Development) domiciled inside or outside of the US. At least 80% of the Fund’s total assets will be investment grade (i.e. meet a specified level of credit worthiness) at the time of purchase. The remainder may include investments with a relatively low credit rating or which are unrated. At least 70% of the Fund’s total assets will be invested in securities that are denominated in US dollars with a duration of less than five years. Duration is a measure of the average time it takes the Fund to get its return (both capital and income) on the investments it holds. The average duration (which is duration adjusted for the proportion in which the Fund holds each investment) is not more than three years. The investment adviser (IA) may use financial derivative instruments (FDIs) (i.e. investments the prices of which are based on one or more underlying assets) for investment purposes in order to achieve the investment objective of the Fund, and/or to reduce risk within the Fund’s portfolio, reduce investment costs and generate additional income. The Fund may, via FDIs, generate varying amounts of market leverage (i.e. where the Fund gains market exposure in excess of the value of its assets). The IA has discretion to select the Fund's investments and in doing so may take into consideration the BoA ML 1-3 Year U.S. Government/Corporate Index. Recommendation: This Fund may not be appropriate for short-term investment. Your shares will be non-distributing (i.e. dividend income will be included in their value). Your shares will be denominated in US Dollar, the Fund's base currency. You can buy and sell your shares daily. The minimum initial investment for this share class is US$5,000 or currency equivalent. For more information on the Fund, share/unit classes, risks and charges, please see the Fund's prospectus, available on the product pages at

Morningstar Rating
More information about the calculation of the Morningstar Ratings
Risk and reward profile
Lower Risk
Possible Lower
Higher Risk
Possible Higher
Key Information
Closing Price 02/07/202014.00
Morningstar categoryUSD Diversified Bond - Short Term
Distribution statusAccumulating
Inception Date31/10/2002
Minimum initial amount100.00 USD
Fees And Charges
Entry feeNone
Custody feeNone
Exit feeNone
Ongoing charge0.89% of which 0.30% is paid to MeDirect
Fund management company
AddressBlackRock (Luxembourg) SA 6D route de Trèves Luxembourg L-2633 Luxembourg
Manager NameThomas F. Musmanno
Manager Start Date01/07/2008
Total Net Assets (mil)1,389.93 USD (31/05/2020)
AdministratorBank of New York Mellon S.A./N.V.


en 29/04/2020
Annual Report
en 31/08/2019
Semi Annual Report
en 29/02/2020
Morningstar Report


Historical returns are no guarantee for future performances. Investing in Financial markets and securities involves risk. Past performance is not a guarantee of future results. Investment losses may occur and investors could lose some or all of their investment in the Fund.
Entry fees, purchase charges, custody fees, exit fees, sale charges and taxes are not included in the calculation of past performance. Ongoing charges (including management fees, administrative fees and other costs) have been taken in to account, as they are already included in the price/NAV of the fund.
The performance in euro can be lower or higher than the performance in the currency of denomination of the fund due to fluctuations in exchange rates.
Annualised performance in USD
PeriodAnnualised returnDate
1 year2.49%01/07/2020
3 years2.16%01/07/2020
5 years1.68%01/07/2020
10 years1.92%01/07/2020
Since launch1.92%01/07/2020
Cumulative performance in USD
YTD 01/01/20201.30
1 month0.87
3 months3.55
6 months1.30
Quarterly Returns
Q 1Q 2Q 3Q 4

Asset Allocation
% Long% Short% Net Assets
Return/Risk Analysis
Risk Measurement1 Year3 Years5 Years
Standard Deviation
Sharpe Ratio
Sortino Ratio
Positive Months10.0025.0037.00
Negative Months2.0011.0023.00
Worst Month-3.88-3.88-3.88
World Regions
No Data Available
Stock Sector Weighting
No Data Available
Top 10 Holdings
HoldingSectorCountry% of Assets
United States Treasury Notes 1.5% 15/01/2023United States4.75
United States Treasury Notes 1.38% 15/10/2022United States1.58
Federal National Mortgage Association 2.5% 14/07/2020United States1.53
Fnma Pass-Thru I 4% 01/09/2033United States1.42
Fgold 30yr 4.5% Mlb 110k 2018 01/03/2049United States1.18
Fnma Pass-Thru I 4.5% 01/11/2047United States1.14
Dell International L.L.C. and EMC Corporation 4.42% 15/06/2021United States0.94
Ford Credit Auto Owner Trust 2018-B 3.38% 15/03/2024United States0.85
GE Capital International Funding Company Unlimited Company 2.34% 15/11/2020United States0.80
AVENTURA MALL TRUST 3.74% 05/12/2032United States0.72
Classification of Morningstar Category
Ranking1 Year2 Years3 Years5 Years
Top 25%
Category above the average
Category below the average
Bottom 25%
Morningstar Style Box
No Data Available
Closing Price
All key information and documents must be reviewed before being able to Invest.