Morningstar Fund Report  | 14/04/2025Print

BlackRock Global Income Fund A Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
BlackRock Global Income Fund A Acc
Fund19.2-3.98.510.6-4.2
+/-Cat1.0-3.11.20.2-5.0
+/-B’mrk-1.1-10.73.7-2.8-4.9
 
Category: Global Equity Income
Category Benchmark: Morningstar Gbl High Div Yl...
Key Stats
NAV
10/04/2025		 GBX 281.34
Day Change 5.25%
Morningstar Category™ Global Equity Income
IA (formerly IMA) Sector Global Equity Income
ISIN GB00B3R9X560
Fund Size (Mil)
31/03/2025		 GBP 72.76
Share Class Size (Mil)
-		 -
Max Initial Charge 5.00%
Ongoing Charge
10/02/2025		  1.69%
Investment Objective: BlackRock Global Income Fund A Acc
The aim of the Fund is to provide an income return on investor's investment (gross of fees) that is above average when compared to the income produced by global equity markets (as represented by the MSCI All Countries World Index) (i.e. a level of income which exceeds that produced by the constituents of the index), without sacrificing capital growth (i.e. the value of the assets held by the Fund) over the long term (5 or more consecutive years beginning at the point of investment). In seeking to achieve its investment objective, the Fund will invest at least 70% of its total assets in the equity securities (e.g. shares) and equity-related investments (i.e. other investments whose value is related to equities) of companies domiciled in, or exercising the predominant part of their economic activity in, developed markets (i.e. markets with advanced financial and economic structures).
Returns
Trailing Returns (GBP)10/04/2025
YTD-7.17
3 Years Annualised2.54
5 Years Annualised8.24
10 Years Annualised6.63
12 Month Yield 1.96
Management
Manager Name
Start Date
Olivia Treharne
01/02/2020
Molly Greenen
12/01/2022
Inception Date
06/05/2011

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI ACWI NR GBPMorningstar Gbl High Div Yld NR USD
Portfolio Profile for  BlackRock Global Income Fund A Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.120.0099.12
Bond0.050.000.05
Property0.000.000.00
Cash0.830.000.83
Other0.000.000.00
Top 5 Regions%
United States69.56
United Kingdom11.16
Eurozone10.46
Europe - ex Euro4.06
Asia - Developed3.27
Top 5 Sectors%
Technology24.03
Industrials17.55
Financial Services15.27
Healthcare13.60
Communication Services7.89
Top 5 HoldingsSector%
Microsoft CorpTechnologyTechnology4.84
AstraZeneca PLCHealthcareHealthcare3.64
Taiwan Semiconductor Manufacturi... TechnologyTechnology3.24
Texas Instruments IncTechnologyTechnology3.03
AbbVie IncHealthcareHealthcare2.94
Increase Decrease New since last portfolio
BlackRock Global Income Fund A Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  BlackRock Global Income Fund A Acc
Category:  Global Equity Income
Category Index:  Morningstar Gbl High Div Yld NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-6.8917.522.0419.24-3.868.4810.57-4.20
+/- Category-0.980.600.140.98-3.081.200.18-4.99
+/- Category Index----1.11-10.663.72-2.80-4.93
% Rank in Category6242464070404891
Trailing Returns (GBP)10/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day5.25   5.964.70
1 Week-1.64   0.09-2.48
1 Month-6.81   -0.16-1.43
3 Months-9.56   -3.27-2.61
6 Months-7.05   -2.64-2.02
YTD-7.17   -2.70-1.32
1 Year-1.62   -2.54-2.04
3 Years Annualised2.54   -1.65-2.32
5 Years Annualised8.24   -1.55-2.62
10 Years Annualised6.63   -0.60-0.94
 
Category: Global Equity Income
Category Index: Morningstar Gbl High Div Yld NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-4.20---
20245.921.240.872.22
20232.640.17-0.045.56
2022-0.69-5.68-1.003.68
20214.266.611.805.37
2020-14.8612.511.984.45
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearBelow AverageAverage2 star
5-YearBelow AverageAverage2 star
10-YearAverageAverage3 star
OverallAverageAverage3 star
 
Category :  Global Equity IncomeClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev9.87 %
3-Yr Mean Return4.11 %
 
3-Yr Sharpe Ratio0.00
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar Gbl High Div Yld NR USD  Morningstar UK Adv Tgt Alloc NR GBP
3-Yr Beta0.890.89
3-Yr Alpha-3.32-2.95
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 149429-
Market Capitalisation% of Equity
Giant46.94
Large34.46
Medium15.69
Small2.91
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings20.051.26
Price/Book3.891.52
Price/Sales3.131.68
Price/Cash Flow15.221.37
Dividend-Yield Factor2.440.73
 
Long-Term Projected Earnings Growth10.681.19
Historical Earnings Growth6.081.54
Sales Growth6.261.96
Cash-Flow Growth3.623.34
Book-Value Growth7.891.76
 
Category: Global Equity Income
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.120.0099.12
Bond0.050.000.05
Property0.000.000.00
Cash0.830.000.83
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States69.561.40
Canada1.490.52
Latin America0.000.00
United Kingdom11.161.21
Eurozone10.460.58
Europe - ex Euro4.060.54
Europe - Emerging0.000.00
Africa0.000.00
Middle East0.000.00
Japan0.000.00
Australasia0.000.00
Asia - Developed3.270.63
Asia - Emerging0.000.00
 
Category: Global Equity Income
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials1.970.53
Consumer CyclicalConsumer Cyclical5.360.68
Financial ServicesFinancial Services15.270.75
Consumer DefensiveConsumer Defensive7.180.64
HealthcareHealthcare13.601.07
UtilitiesUtilities2.160.54
Communication ServicesCommunication Services7.891.37
EnergyEnergy4.981.23
IndustrialsIndustrials17.551.40
TechnologyTechnology24.031.47
 
Category: Global Equity Income
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings47
Total Number of Bond Holdings0
Assets in Top 10 Holdings31.25
NameSectorCountry% of Assets
Microsoft Corp311United States4.84
AstraZeneca PLC206United Kingdom3.64
Taiwan Semiconductor Manufacturing Co... 311Taiwan3.24
Texas Instruments Inc311United States3.03
AbbVie Inc206United States2.94
Accenture PLC Class A311United States2.90
Broadcom Inc311United States2.78
Meta Platforms Inc Class A308United States2.64
Banco Bilbao Vizcaya Argentaria SA103Spain2.62
Philip Morris International Inc205United States2.61
 
Increase Decrease New since last portfolio
Category: Global Equity Income
 
Management
Name of CompanyBlackRock Fund Managers Limited
Phone020 7743 3000
Website -
Address12 Throgmorton Avenue
 London   EC2N 2DL
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date06/05/2011
Fund Advisor(s)
BlackRock Investment Management (UK) Ltd.
Fund ManagerOlivia Treharne
Manager Start Date01/02/2020
Career Start Year2010
Education
St. Anne's College, M.A.
Emmanuel College, B.A.
 
Biography
Olivia Treharne, CFA, Director, is a member of the Global Equity team within the Fundamental Active Equity business of BlackRock's Active Equity Group. She is a co-portfolio manager for the Global Dividend, International Dividend strategies and responsible for covering the Financials sector. Prior to joining the firm in July 2019, Olivia spent five years on the buy-side at Legal & General Investment Management, having started her career as a Research Analyst at Goldman Sachs. Ms. Treharne graduated from Cambridge University with degree in Economics and also holds a Masters in Economic and Social History from Oxford University.
Fund ManagerMolly Greenen
Manager Start Date12/01/2022
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Charge5.00%
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.50%
Ongoing Charge1.69%
Purchase Details
Minimum Investments
Initial500  GBP
Additional100  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes