Fact sheet: BlackRock GF US Govt Mortg

Fund information

Fund name
BlackRock GF US Government Mortgage D2 USD
Fund company manager
BlackRock (Luxembourg) S.A.
Fund type
SIB
Fund manager(s)
Matthew Kraeger
since 01/11/2009
Bob Miller
since 14/11/2012
Akiva Dickstein
since 01/11/2009
Fund objective
The Fund seeks a high level of income. The Fund invests at least 80% of its total assets in fixed income securities which are denominated in US dollars. The fixed income securities will be issued or guaranteed by the United States Government, its agencies or United States government sponsored enterprises, including Government National Mortgage Association, mortgage-backed certificates and other United States Government securities representing ownership interests in mortgage pools, such as mortgage-backed securities (MBS) issued by Fannie Mae and Freddie Mac. MBS are financial securities which are backed cash flows from underlying assets such as commercial and residential mortgages. The Fund can use derivatives as part of its investment strategy. This can increase the overall risk profile of the Fund.
Benchmark
Citigroup Mortgage
Investment style
None
Investment method
Fixed Interest

Quick stats

1 Year return

-0.15 %

1 Year rank in sector

5/10

Sector

FO Fixed Int - USD Securitised

Yield
-
Fund size

£ 192.3 m

FE Risk score

89

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    113.99%
  • Cayman Islands
    0.29%
  • Money Market
    -14.28%
  • Asset/Mortgage-Backed Securities
    111.06%
  • Mortgage & Secured Bonds
    3.2%
  • Government Bonds
    0.02%
  • Money Market
    -14.28%
  • US Fixed Interest
    114.26%
  • US Government Fixed Interest
    0.02%
  • Money Market
    -14.28%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.15 %0.52 %-0.15 %4.74 %9.02 %
Sector0.29 %0.54 %0.85 %2.92 %6.46 %
Rank within sector8 / 117 / 115 / 106 / 84 / 6
Quartile th3 rd3 rd2 nd3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund2.05 %1.38 %0.8 %5.97 %-1.68 %
Sector1.81 %3.2 %-1.81 %5.29 %-2.49 %
Rank within sector6 / 116 / 86 / 83 / 63 / 6
Quartile th3 rd3 rd3 rd2 nd2 nd

Risk statistics

Alpha1.43
Beta0.47
Sharpe-0
Volatility1.76
Tracking error1.83
Information ratio0.46
R-Squared0.29

Price movement

52 week high19.57
52 week low18.9
Current bid price0
Current offer price0
Current mid price19.45

Holdings by region

  • 113.99% USA
  • 0.29% Cayman Islands
  • -14.28% Money Market

Holdings by sector

  • 111.06% Asset/Mortgage-Backed Securities
  • 3.2% Mortgage & Secured Bonds
  • 0.02% Government Bonds
  • -14.28% Money Market

Holdings by asset type

  • 114.26% US Fixed Interest
  • 0.02% US Government Fixed Interest
  • -14.28% Money Market

Individual holdings

  • 11.65% GNMA2 30YR TBA(REG C) 3.5 10/23/2017
  • 9.7% GNMA2 30YR TBA(REG C) 3 10/23/2017
  • 6.82% FNMA 30YR 2011 PRODUCTION
  • 5.24% FNMA 15YR TBA(REG B) 2.5 10/17/2017
  • 3.71% FGOLD 30YR TBA(REG A) 3.5 10/12/2017
  • 2.52% FNMA 30YR TBA(REG A) 4.5 10/12/2017
  • 2.39% FNMA 30YR 2003 PRODUCTION
  • 2.31% FNMA 30YR 3% SHLB 175K 2016
  • 2.06% FGOLD 30YR TBA(REG A) 3 10/12/2017
  • 1.98% FNMA 30YR 4% LLB 85K 2016