BlackRock Emerging Markets Bond Fund
Data updated: 2023-11-28
C000202315 — BlackRock Emerging Markets Bond Fund. Bond · $17.72M AUM · 0.60% expense ratio · 12.0% 1-yr return. Holdings, fees, performance and SEC filings.
C000202315 Fund Overview
BlackRock Emerging Markets Bond Fund is a US mutual fund managed by BlackRock Funds V, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: BlackRock Funds V
- Category: Bond
- Assets under management: $17.72M
- 1-year return: 12.0%
- SEC CIK: 0001738078
- SEC series ID: S000062366
- Share class ID: C000202315
C000202315 Investment Objective and Strategy
BlackRock Emerging Markets Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by BlackRock Funds V.
Investment objective
The BlackRock Emerging Markets Bond Fund (the “Fund”) seeks total return.
Principal investment strategy
The Fund invests primarily in a portfolio of fixed-income securities of issuers located in or tied economically to emerging market countries that are predominantly denominated in U.S. Dollars and derivatives with similar economic characteristics. Fixed-income securities are debt obligations such as bonds and debentures, corporate debt obligations, debt obligations of governments and their political subdivisions, asset-backed securities, various mortgage-backed securities (both residential and commercial), other floating or variable rate obligations and zero coupon debt securities. The Fund may invest in fixed-income securities of any maturity. BlackRock considers an emerging market country to include any country that is: 1) generally recognized to be an emerging market country by the international financial community, including the World Bank; 2) classified by the United Nations as a developing country; or 3) included in the J.P.
Morgan Emerging Markets Bond Index Global Diversified Index. Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in emerging market bonds and derivatives with similar economic characteristics. Emerging market bonds are fixed-income securities issued by or guaranteed by governments of emerging market countries, or agencies, authorities or political subdivisions of such governments and/or companies located in or tied economically to an emerging market. Fund management considers an issuer to be located in or tied economically to an emerging market if (1) the issuer is organized under the laws of or maintains its principal place of business in an emerging market country, (2) the issuers securities are traded principally in an emerging market country, or (3) the issuer, during its most recent fiscal year, derived at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in an emerging market country or has at least 50% of its assets in an emerging market country.
The Fund may invest a significant portion of its assets in the securities issued by one country. The 80% policy noted above is a non-fundamental policy of the Fund and may not be changed without 60 days prior notice to shareholders. The full spectrum of available investments, including high yield or junk securities (including distressed securities), securities of small cap issuers and derivatives, may be utilized in satisfying the Funds 80% policy. It is possible that up to 100% of the Funds assets may be invested in high yield or junk securities. High yield securities are debt securities which are rated lower than investment grade (below the fourth highest rating category of the major rating agencies or determined by Fund management to be of similar quality). These securities generally pay more interest than higher rated securities.
It is possible that many of the countries in which the Fund invests will have sovereign ratings that are below investment grade or will be unrated. The Fund may gain exposure to currencies through the use of cash and derivatives. The Fund may also buy when-issued securities and participate in delayed delivery transactions. The management team may, when consistent with the Funds investment objective, buy or sell options or futures, or enter into credit default swaps and interest rate or foreign currency transactions, including swaps (collectively, commonly known as derivatives). The Fund typically uses derivatives as a substitute for taking a position in the underlying asset and/or as part of a strategy designed to reduce exposure to other risks, such as interest rate or currency risk. The Fund may also use derivatives to seek to enhance returns, in which case their use would involve leveraging risk.
The Fund may seek to obtain market exposure to the securities in which it primarily invests by entering into a series of purchase and sale contracts or by using other investment techniques (such as reverse repurchase agreements or dollar rolls, which involve a sale by the Fund of a mortgage-backed or other security concurrently with an agreement by the Fund to repurchase a similar security at a later date at an agreed-upon price). The Fund is a non-diversified portfolio under the Investment Company Act of 1940, as amended. The Fund may engage in active and frequent trading of portfolio securities to achieve its primary investment strategies.
C000202315 Performance
Total returns for C000202315 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 12.0% |
| 3 years (annualised) | -3.6% |
C000202315 Risk Information
Risk metrics for C000202315, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.8%
C000202315 Costs and Fees
C000202315 costs about $60 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.60%
- Gross expense ratio: 2.17%
- Portfolio turnover: 41%
- Brokerage commissions: 0.18 bps of average net assets (SEC N-CEN)
C000202315 Cashflows
Over the 12 months to 2023-09, BlackRock Emerging Markets Bond Fund had net inflows of $254.42K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | $239.54K |
| 2023-08 | −$14.07K |
| 2023-07 | $738 |
| 2023-06 | $702 |
| 2023-05 | $714 |
| 2023-04 | $687 |
C000202315 Debt Constituents
No individual debt constituents are reported in BlackRock Emerging Markets Bond Fund's latest SEC N-PORT filing.
C000202315 Prospectus and SEC Filings
Official BlackRock Emerging Markets Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-26
- Prospectus (485BPOS) — filed 2022-04-27
- Prospectus supplement (497) — filed 2021-10-20
- Portfolio holdings (N-PORT) — filed 2023-11-28
- Portfolio holdings (N-PORT) — filed 2023-08-25
- Portfolio holdings (N-PORT) — filed 2023-05-26
- Annual census (N-CEN) — filed 2023-03-13
- Annual census (N-CEN) — filed 2022-03-14
Related Funds
Other Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.