BlackRock Absolute Return Bond Fund Class X Acc

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Performance History31/05/2024
Growth of 1,000 (GBP) Advanced Graph
BlackRock Absolute Return Bond Fund Class X Acc
Fund5.4-0.71.41.71.8
+/-Cat0.2-0.710.3-5.41.1
+/-B’mrk0.21.114.9-4.12.7
 
Key Stats
NAV
21/06/2024
 GBX 131.15
Day Change 0.19%
Morningstar Category™ Global Flexible Bond - GBP Hedged
IA (formerly IMA) Sector Targeted Absolute Return
ISIN GB00B66YXP33
Fund Size (Mil)
31/05/2024
 GBP 793.72
Share Class Size (Mil)
-
 -
Max Initial Charge -
Ongoing Charge
09/02/2024
  0.03%
Investment Objective: BlackRock Absolute Return Bond Fund Class X Acc
The aim of the Fund is to provide a positive absolute return on your investment (i.e. an increase in the overall value of the Fund) (gross of fees) over any 12 month period regardless of market conditions. In order to seek to achieve its investment objective the Fund will use a variety of investment strategies and instruments to gain exposure to fixed income securities (i.e. bonds) and money market instruments (i.e. debt securities with short term maturities), issued by companies, governments, government agencies and supranationals worldwide. The Fund will seek to take long investment positions (i.e. buy an equity, bond or currency with the expectation that the asset will rise in value) and use derivatives (i.e. investments the prices of which are based on one or more underlying assets) to take long and short investment positions (i.e. buy or sell a derivative with the expectation that the underlying asset will rise or fall in value).
Returns
Trailing Returns (GBP)21/06/2024
YTD2.80
3 Years Annualised1.40
5 Years Annualised2.38
10 Years Annualised1.89
12 Month Yield 4.53
Management
Manager Name
Start Date
Simon Blundell
08/01/2020
Ian Winship
30/09/2011
Inception Date
30/09/2011
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Category Benchmark
Fund BenchmarkMorningstar Benchmark
3 month SONIA TR GBPMorningstar Gbl Core Bd GR Hdg GBP
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNot Specific
GrowthYes
IncomeYes
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  BlackRock Absolute Return Bond Fund Class X Acc31/03/2024
Fixed Income
Effective Maturity-
Effective Duration1.28
Morningstar Style Box®
Fixed Income Style
Asset Allocation
  % Long% Short% Net Assets
Stock22.1214.387.74
Bond211.8077.13134.67
Property0.000.000.00
Cash111.62157.87-46.25
Other5.291.793.50

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In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)
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