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BGF European High Yield Bond A2 EUR

Ranked 6 out of 26 in - Euro High Yield over 12 months
All calculations are in EUR unless stated

Managed by

Jose Aguilar

Stephen Gough

Michael Phelps

Based in London, Michael Phelps is a portfolio manager at BlackRock where he manages the BSF European Credit Strategies, BlackRock Global Long/Short Credit, BlackRock Global High Yield Bond and BSF European Constrained Credit Strategies dealing in European and global bonds, using alternative and long-only strategies. Michael graduated from the University of Cambridge with a degree in Economics.

Objective

The Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in high yield fixed income transferable securities, denominated in various currencies, issued by governments and agencies of, and companies domiciled in, or exercising the predominant part of their economic activity in Europe. The Fund may invest in the full spectrum of available fixed income transferable securities, including non-investment grade. Currency exposure is flexibly managed.

Showing fund performance in Netherlands View performance globally

Performance

Euro High Yield over : 30/09/2017 - 30/09/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -0.7% -1.4% 1.7%
2017 6.9% 2.0% 2.1% 1.8% 0.9%
2016 7.0% 0.3% 1.0% 3.5% 2.1%
2015 1.0%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/08/2018

Top 10 Holdings

Stock Size
EUR Cash 1.20%
Telefonica Europ PERP 1.10%
Telenet Fin VI 4.875% 15-Jul-2027 1.02%
Mulhacen Pte. Lt 6.500% 01-Aug-2023 1.00%
Ceva Log Finan 5.250% 01-Aug-2025 0.96%
Altice Lux 7.750% 15-May-2022 0.89%
Banff Merger Sub 8.375% 01-Sep-2026 0.89%
GBP Cash 0.87%
Credit Suisse Group AG PERP 0.86%
LGE Holdco VI BV 7.125% 15-May-2024 0.82%
31/08/2018

Registered For Sale In

  1. Belgium
  2. Denmark
  3. Finland
  4. France
  5. Germany
  6. Hong Kong
  7. Jersey
  8. Luxembourg
  9. Macau
  10. Netherlands
  11. Norway
  12. Portugal
  13. Singapore
  14. Spain
  15. Sweden
  16. Switzerland
  17. United Kingdom

Fund Info

  • Launch date23/07/2015
  • Share Class size24Mn
  • Base currencyUSD
  • ISIN LU1191877379

Purchase Info

  • Min. initial investment5,000
  • Min. regular additional investment0

Charges

  • Annual management1.25%
  • Initial investment1.25%

Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).